Senoko Crescent food factory for sale at $14 mil

hereThis estate is surrounded by an industrial estate, but just 700m from the future Sembawang MRT Station. Mr Lee added that the property has a good mix of owners and tenants “making it potentially attractive to users or investors”.

Up for sale is a food factory situated at 28 and 30 Senoko Crescent in the JTC Senoko Food Zone of the Sembawang area of Singapore. Colliers has an indicative price of $14 million for the property, which covers 31,678 sq ft of land and has a Business 2 zoning with a plot ratio of 2.5. The leasehold tenure has 30 years remaining from 1991, when it was extended for another 30 years.

As an added bonus, standard facilities such as a swimming pool, gym, and BBQ pits are available for residents to enjoy. This makes the Marina Gardens Residences Condo a great option for those looking to experience the best of both worlds – the convenience of living in a vibrant city and the beauty of nature’s wonders.

The factory has a gross floor area of 47,803 sq ft, offering potential to increase this to approximately 80,000 sq ft depending on JTC’s approval. It is approved for food manufacturing, processing and packaging, as it has cold rooms, sufficient loading bays, a two-tonne cargo lift and halal and non-halal preparation areas.

Raphael Lee, Industrial Services Director at Colliers, suggests this property could be ideal for those seeking to expand in the food and beverage sector, as the area has seen rapid development. Furthermore, it lies 700m away from the future Sembawang MRT Station, thus being well-connected. The estate also has a diverse mix of owners and tenants, making it attractive for both users and investors.