CBRE

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Specialty chemicals manufacturing facility on Jurong Island for sale

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A fully equipped specialty chemicals manufacturing facility on Jurong Island is up for private treaty sale via CBRE. The property features ~278,000 sq ft of land and ~25,730 sq ft of existing floor area, with potential for expansion to ~278,000 sq ft. Decontaminated and ready for recommissioning, it includes process plants, labs, and offices. The site has a remaining land tenure until September 2039.

The fully equipped facility is clean and ready to be recommissioned.

A fully equipped specialty chemicals manufacturing facility at 33 Ayer Merbau Road on Jurong Island is up for private treaty sale, sole marketing agent CBRE said.

The property sits on approximately 278,000 square feet (sq ft) of land, with an existing gross floor area of approximately 25,730 sq ft.

It has an open-structure process plant, a single-storey building housing the laboratory and control room and a two-storey office building with offices, meeting rooms and staff facilities.

According to its Master Plan, the site is zoned Business 2 with a permissible plot ratio of 1.0, allowing for a potential gross floor area of approximately 278,000 sq ft, good for future expansion.

CBRE said the asset has been decontaminated, offering buyers a clean, ready-to-recommission platform with its equipment intact.

The facility is fully equipped with extensive process and utility infrastructure and benefits from established utility infrastructure.

The property has a remaining land tenure of an estimated 13 years, or until September 2039.

Source: Singapore Business Review The copyright of this article belongs to the original author/organization.

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