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Sale SGD 24,800,000

Woodlands Ind Park E5, 757788 District 27

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SGD 62,950 per month

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Dormitory + B2 Factory @ Woodlands

URA B2 Dormitory/ Factory & Office

* Singapore's Hi Tech Corridor : Woodlands Regional Centre - Key Commercial Hub, URA Master Plan 2019
* Government Development Hyperlink: https://www.ura.gov.sg/Corporate/Land-Sales/Sites-For-Application/Woodlands-Avenue-2. Earmarked as the High Tech Corridor of Singapore for the next 20 years.
* URA Tenure: 30 years, approximately balance 18 years, plot ratio revised to 2.0 from 1.0 option to negotiate lease renewal after 2022
* Total annual rental income $2,200,000
* Gross Return on Investment = 9.5% per year, a Great Investment Property
* Purpose Built: Mixed use industrial B2 factory 3 in 1, B2 industrial factory, Offices and Dormitory
* Eligible: Foreigner, PR or Company can own, No need to pay ABSD & No SSD
* URA property: Advantage, no monthly land rent to pay
* Star Asset: 3rd floor Dormitory with 670 beds, 2 toilets built in per room
* Master Tenant: Lease and Operates the Dormitory
* 2nd Floor offices, fully tenanted, manage by owner
* 1st Floor: Showroom, canteen, carpentry workshop and others
* Property is owned by an Investment Holding Company, advantageous for buyer to take over the Holding Company.
* Advantage of taking over Holding Company 1) save ownership transfer Stamp Duty 3% = $750,000 and 2) GST 7 % = $1,750,000
* Holding Company's annual Gross Profit approximately $1,000,000 after deducting monthly loan repayment to the Bank
* Convenience: This property is located besides the main road and a short distant to Woodland North MRT Station.
* Strategically located: Direct link to Rapid Transit System link to Malaysia from Woodlands in the near future
* Rare Opportunity: Singapore's hidden gem
* Browse my website for every new property launches in Singapore: www.jerrylumproperty.com

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Property Details

QuickPro No:

IPL15675752

Level:

Low Floor

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Mortgage calculator

SGD 62,950

p/m

Loan amount: SGD 18,600,000

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The results from these calculators are an approximate guide only. These calculators, or the results generated, do not constitute any agreement or offer by any lender to provide credit. The calculations do not take into account any fees and charges that a lender may levy. 99 Group Pte Ltd ("Company") is not responsible for the calculator or its calculations and make no representations either expressly or implicitly concerning the calculator or calculations. The Company accepts no liability whatsoever in relation to the calculator or calculations.