MacPherson Industrial Complex sold for $103.9m

The tender for the site closed on 22 May.

ETC has awarded the tender for MacPherson Industrial Complex at 5 Lorong Bakar Batu for $103.9m to an undisclosed party.

The initial tender for the site was launched on 15 April and closed on 22 May. The sale price of $103.9m reflects a land rate of $831 per sq ft per plot ratio.

MacPherson Industrial Complex is an 8-storey building situated on a freehold land parcel of approximately 49,410 sq ft with a gross floor area of approximately 125,002 sq ft.

Zoned “Business 1”, the site has a 98-metre-wide frontage for road visibility and vehicular access. It is also well-connected to major expressways as well as the Potong Pasir MRT Station.

It is also close to lifestyle and dining amenities along MacPherson Road and Tai Thong Crescent, as well as retail offerings at The Venue Shoppes, Poiz Centre, and Grantral Mall.

Follow the link for more news on

Edmund Tie & Company

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia