Tuas food factory for sale at $19m

The site could add up to 61,182 sq ft of floor space, says JLL.

A detached food factory at 30 and 32 Tuas Avenue 12 in the Tuas industrial estate is up for sale by private treaty at $19m, according to real estate firm JLL.

The property sits on a site of about 97,095 square feet (sq ft) and has a gross floor area of approximately 74,751 sq ft.

It is currently approved for food manufacturing and is also suited to distribution and warehousing operations, JLL said.

The property is also zoned Business 2 with a plot ratio of 1.4 under the Urban Redevelopment Authority’s Master Plan 2025.

With an underutilised plot ratio, the gross floor area could be increased by up to 61,182 sq ft, subject to the authority’s approval, the firm added.

The factory sits on two adjacent JTC leasehold plots, with remaining land tenures of approximately 25 years and 16 years.

It is located near major food manufacturers such as Asia Pacific Breweries and Wilmar Foods, and can be accessed directly via the Ayer Rajah Expressway.

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