Changi South factory-warehouse up for sale at $12.8m

The two-storey building at 29 Changi South Street 1 sits on a plot ratio of 0.64.

A two-storey JTC factory cum warehouse at 29 Changi South Street 1 is up for sale for an indicative asking price of $12.8m, according to its sole marketing agent ETC.

The property has a land area of approximately 7,175 square metres (sq m) and an existing floor area of approximately 4,616 sq m, reflecting an equivalent plot ratio of 0.64, ETC said.

It has a balanced tenure of about 30 years.

The warehouse, located within the industrial precinct, has access to Changi Airport and can be redeveloped into a brand-new facility, ETC added.

The sale will be conducted via an expression of interest exercise and will close on 13 November at 3 p.m.

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