Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

10 Toh Guan Road East for Sale by Expression of Interest

Brenda Ong • 04/04/2022

10 Toh Guan Road East Singapore

10 Toh Guan Road East (the “Property”) has been put up for sale via an Expression of Interest (EOI). Cushman & Wakefield is the appointed exclusive marketing consultant for the sale.

The Property comprises five floors, a basement carpark and has a gross floor area of approximately 145,366 sqft (13,505 sqm). The Property was a Build-to-Suit in 2000 for its current anchor tenant, a reputable MNC, as their regional headquarter, and is primarily used as a service base for their distribution centre, sales, repair, and maintenance workshop. Under the URA Master Plan (2019), the site is zoned Business 2 (B2) (Industrial) with permissible plot ratio of 2.0. The B2 zoning and current utilized plot ratio of only 1.78 indicate great potential to further maximize the space for future expansion.

The Property is situated along Toh Guan Road East within Jurong Lake District, one of the largest mixed-use business districts in Singapore. Surrounded by shopping malls such as Westgate, JEM and IMM, the Property is within walking distance to Jurong East MRT Station and easily accessible via the bus stop located just outside the Property as well as via Pan Island Expressway (PIE) and Ayer Rajah Expressway (AYE). The Property is surrounded with both single and multi-users developments in mixed industries including Logistics, Self-Storage, Building & Construction, Light Manufacturing, Automation as well as furniture showroom.

“In addition to its prime position within the Jurong Lake District, 10 Toh Guan Road East’s 35 years balance lease tenure is also extremely attractive, and is an edge above other shorter lease sites, creating demand from investors who will be able to maximise the asset,” said Brenda Ong, Executive Director and Head of Industrial & Logistics, Singapore at Cushman & Wakefield. “The Property presents great opportunities with its potential for own use and/or investment purposes. A private ownership means that there is no restriction on lease, which translates into a simpler assignment process for the owners, as well as no land rent application for the site.”

The EOI exercise closes on 29 April 2022, at 3.00pm.

Recent Press Releases

Hotel Construction
Data centre construction cost increases of up to 8% across region year-over-year but development shows no sign of pausing

Japan has been named the most expensive market for data centre construction while Singapore has topped the rankings for the most expensive land costs in Asia Pacific, according to a new report.

Amy Kathleen Kelly • 06/11/2023

fit out guide
Asia Pacific’s post-pandemic office: more expensive to build, but as important as ever

Persistent inflation, tight labour markets, and ongoing supply chain delays have increased average fit out costs across Asia Pacific, according to Cushman & Wakefield’s 2023 Asia Pacific Office Fit Out Cost Guide, but major occupiers are absorbing the higher spend in their quest to improve return-to-office rates.

Amanda Phua • 30/03/2023

handshake (image)
Shankar Narayanasamy appointment
Cushman & Wakefield Appoints Shankar Narayanasamy as Client Solutions Lead for Global Occupier Services, Asia Pacific

Cushman & Wakefield, a global leader in commercial real estate services, today announced the appointment of Shankar Narayanasamy as Client Solutions Lead for its Global Occupier Services (GOS) business in Asia Pacific, effective 9 May 2022. 

Amanda Phua • 18/05/2022

10 Toh Guan Road East Singapore
10 Toh Guan Road East for Sale by Expression of Interest

10 Toh Guan Road East (the “Property”) has been put up for sale via an Expression of Interest (EOI). Cushman & Wakefield is the appointed exclusive marketing consultant for the sale.

Brenda Ong • 04/04/2022

CNW02_cardimage
C&W Services reimagines the future of work with the transformation of its headquarters at Chai Chee

Officiated by the Guest-of-Honour, Speaker of Parliament Tan Chuan-Jin, the new workplace embodies the firm’s commitment to Diversity, Equity & Inclusion (DE&I) and the adoption of smart technology that promotes both sustainability and well-being.

Chek Yee Foo • 23/03/2022

Asia Pacific Transaction Volumes Expected to Record Double-Digit Volume Growth in 2022 and 2023
Asia Pacific Transaction Volumes Expected to Record Double-Digit Volume Growth in 2022 and 2023

Global real estate market recovery is expected to hit the fast lane, with Q4 2021 volumes driving annual increase of 55%. 

Jayna Poh • 01/03/2022

Singapore Office Market Poised for Another Robust Year in 2022
Singapore Office Market Poised for Another Robust Year in 2022

Following a strong recovery in office demand, reduced vacancies and growth in CBD Grade A office rents in 2021, the Singapore office market is expected to further pick up pace in 2022.

Amanda Phua • 07/02/2022

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS