Own Rare Brand New Freehold Industrial Property Central Singapore 0

Chiu Teng Group has a proven track record of developing top-notch commercial and industrial spaces in Singapore. Their latest offering, CT Pemimpin, is a freehold development that will surely attract property investors and business owners searching for a valuable asset in Singapore’s land-scarce market.

Located at 43 Jalan Pemimpin in the Central Region, this nine-storey, partial ramp-up factory comprises of 56 strata-titled units and three canteen units. It boasts floor heights ranging from 5.6m to 7.35m for selected units, with mezzanine floors located on levels one and five.

One of the main selling points of CT Pemimpin is its rare freehold status. In a market where most industrial developments only offer a 30 or 60-year lease, this freehold property is a valuable find. Additionally, buyers of commercial and industrial properties are not subject to Additional Buyer’s Stamp Duty (ABSD), making it a more attractive option for investors and eligible foreigners.

Deputy CEO of PropNex Realty, Kelvin Fong, says, “Being a freehold development in this central location, it will be a great investment asset for both investors and end-users.”

CT Pemimpin also offers a one-to-one carpark ratio, with 59 carpark lots, including two electric vehicle lots and three lorry lots for loading and unloading. It also has two passenger lifts and a service lift, and each unit comes equipped with its own private toilets for convenience.

According to SRI managing partner Ken Low, one of the standout features of CT Pemimpin is the allocated carpark lot for each of its 59 units, providing convenience for business owners. He adds, “The partial ramp-up design also enhances accessibility for daily operations, improving overall logistics efficiency. These features make CT Pemimpin an ideal choice for business owners looking for convenience, functionality, and ease of access, in addition to its excellent central location.”

Situated in District 20, CT Pemimpin is surrounded by popular amenities in established townships such as Bishan, Upper Thomson, and Ang Mo Kio. Its strategic location offers convenient access to all parts of Singapore via various transport modes. It is also well-served by three MRT lines, making it an excellent option for those who commute to work by public transport.

Deputy CEO of ERA, Doris Ong, says, “Owning a freehold property in Singapore’s central region is not just a wise investment, but also a strategic business asset. It offers an impressive corporate address, unmatched connectivity, and enduring potential for growth, positioned in one of the city’s most dynamic and prestigious locations.”

CT Pemimpin is located just a stone’s throw away from Marymount MRT station (Circle MRT Line) and accessible via Upper Thomson MRT station (Thomson-East Coast Line) and Bishan MRT station (North-South MRT Line). It is also easily accessible for motorists, with major expressways such as PIE and CTE nearby. Novena is just an eight-minute drive away, and Orchard Road is only 15 minutes away. Its connectivity will be further enhanced with the upcoming North-South Corridor that will reduce travel time from the north to the city when it is completed in phases from 2027.

CT Pemimpin’s central location also offers a variety of retail and dining options at popular suburban shopping hubs like Junction 8, Thomson Plaza, Velocity@Novena Square, AMK Hub, NEX, Woodleigh Mall, and Toa Payoh HDB Hub, all within a short drive. Several reputable schools, including Raffles Institution, Catholic High School, and Eunoia Junior College, are also in close proximity.

This development also places a strong emphasis on sustainability, with thoughtful ‘end-of-trip’ facilities such as shower rooms, bicycle racks, and storage lockers. It also features communal facilities like a sky garden with two rooftop pavilions, perfect for hosting outdoor gatherings. Other green features include rooftop solar panels, EV charging stations, water-saving fittings, motion-sensor lightings, and double-glazed windows in selected units. According to CEO of Huttons Asia, Mark Yip, CT Pemimpin is designed with sustainability in mind, making it ideal for industries such as e-commerce, media, telecommunications, and software development.

Chiu Teng Group, established in 1999, has a strong reputation as a reliable property developer and builder, particularly in the industrial and commercial sectors. Their portfolio includes various successful industrial and residential projects such as CT FoodNEX, CT Foodchain, The Creek@Bukit, Tagore8, and CT Hub & Hub 2.

The preview for CT Pemimpin ends on March 5, 2025. Don’t miss out on this rare opportunity to own a freehold industrial space. Call 8100 8017 or visit the Chiu Teng Group website to schedule a viewing today.