MacPherson industrial site launched for sale at $88.8m

The property currently has a gross floor area of 125,002 sq ft, translating to a plot ratio of 2.53.

A freehold 8-storey industrial building in MacPherson has been launched for collective sale with an asking price of $88.8m, according to real estate advisory firm Edmund Tie & Company (ETC), the sole marketing agent for the property.

Located at 5 Lorong Bakar Batu, the MacPherson Industrial Complex sits on a 49,410 sq ft freehold site and boasts a wide 98-metre road frontage, offering strong redevelopment or adaptive reuse potential.

Zoned “Business 1” under the URA Master Plan 2019, the property currently has a gross floor area of 125,002 sq ft, translating to a plot ratio of 2.53.

ETC is inviting interested parties to submit bids by 3 p.m. on 22 May 2025, with no Additional Buyer’s Stamp Duty applicable and no restrictions on foreign ownership.

The site is also strategically located about 600 metres from Potong Pasir MRT station, and is well-connected via major expressways including the CTE, PIE, and KPE. It is close to several lifestyle and retail hubs such as The Venue Shoppes, Poiz Centre, and Grantral Mall.

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