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Own Rare Brand New Freehold Industrial Property Central Singapore

Posted on February 19, 2025

CT Pemimpin, a freehold B1 industrial factory located at 43 Jalan Pemimpin in the Central Region, is the newest development launched by Chiu Teng Group. With a reputation for developing quality commercial and industrial spaces in Singapore, Chiu Teng Group has already established a niche in this market. Located in the prime District 20, CT Pemimpin offers excellent accessibility, making it a highly sought-after location for both businesses and investors. The development boasts sustainable features and a range of communal facilities, including two rooftop pavilions, rooftop solar panels, two passenger lifts, and a service lift. With 56 strata-titled units and three canteen units, the development caters to businesses of different sizes. The units also come with individual toilets for the convenience and privacy of the occupants. In terms of parking, CT Pemimpin offers a one-to-one carpark ratio, with 59 carpark lots, including two EV lots. It also provides loading and unloading bays and a lorry park for vehicles of less than 7.5m. The CEO of ERA Singapore, Marcus Chu, believes that CT Pemimpin will attract both investors and end-users due to its unique features. As industrial properties are not subject to Additional Buyer’s Stamp Duty (ABSD), investors will find this development an attractive investment option. The freehold status of the development is also a significant advantage, as most industrial properties in the market come with a 30-year or 60-year lease. This aspect makes it a valuable asset for companies in the information and communications media industry and family offices that prefer long-term investments. Moreover, the development’s location between Marymount and Bishan MRT stations provides unparalleled connectivity, making it easily accessible from different parts of Singapore. The completion of the North-South Corridor in 2027 will further reduce travel time from the north into the city. Additionally, the development is situated near popular shopping and dining spots such as Junction 8, AMK Hub, and NEX, as well as prestigious schools like Raffles Institution and Eunoia Junior College. With a solid track record in developing industrial and commercial spaces, Chiu Teng Group has built a strong reputation in the property market since its establishment in 1999. Other successful projects by the group include CT FoodNEX, CT Foodchain, Tagore8, CT Hub, and CT Hub 2. The preview for CT Pemimpin starts on February 21, 2025. Don’t miss out on the opportunity to secure a rare freehold industrial space. Contact 8100 8017 or visit Chiu Teng Group to schedule a viewing today.

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