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Well renovated freehold industrial office at Kallang for sale at $1.45 million

by • March 1, 2019 • Commercial Property LoanComments (0)433

Nicely fitted Kallang freehold industrial office with 3 director’s room in Kallang Prime Industrial District with excellent corporate image for sale.

Marketing agent for the Kallang freehold industrial office, List Sotheby’s International Realty said the Kallang freehold industrial office features easy access  of within 500 m to Matter MRT (downtown line) and 1.1 km to Aljunied MRT (east west line).

Kallang freehold industrial office

Image credit: List SIR

Nestled in an industrial zone with good connectivity and amenities the Kallang freehold industrial office is within reasonable distance to NTUC Fairprice Supermarket, and is also close to Joo Chiat Complex for an array of amenities such as grocery, retail shopping, banks and more.

BizTech Centre in which the industrial office is situated, is  a freehold commercial property located at 627A Aljunied Road, 389842 in District 14. BizTech Centre is primarily used for Light Industrial (B1) rental and sale. BizTech Centre is close to Aljunied MRT Station (EW9). It is near to several bus stops located opposite Canossa Convent Primary — 70021, after Canossa Convent Primary — 70029 and after Jalan Anggerek – 70151.

Amenities wise, BizTech Centre is near to several eateries located at nearby buildings such as Self-Service Canteen and Thai’s Foods at Aljunied Industrial Complex. BizTech Centre is accessible via Braddell Road, Upper Aljunied Road and Pan Island Expressway

BizTech Centre is a freehold 10-storey, 89-unit light industrial development. An exceptional office-like building with aluminium cladding and tinted float glass reflects a superior corporate image, further enhanced by the air-conditioned, granite-clad ground floor lift lobby.

Biztech Centre in which the Kallang freehold industrial office is situated offers full glass frontage of ground floor units facilitates greater, more effective exposure for businesses. Mostly column-free units, the efficient layout, high ceiling and a host of excellent features elevate your business efficiency and productivity to new levels.

Kallang in which the freehold office is located, is a planning area and residential town located in the Central Region of Singapore.

Development of the town is centered around the Kallang River, the longest river in Singapore. Kallang Planning Area is bounded by Toa Payoh in the north, Geylang in the east, Marine Parade in the southeast, Marina East in the south, the Downtown Core in the southwest, Rochor and Newton in the west, as well as Novena in the northwest.

Throughout its history, Kallang was home to several national landmarks, some of which were built along the banks of the Kallang Basin, including the old National Stadium as well as the country’s first purpose-built civil airport, the Kallang Airport. The famous Kallang Roar and Kallang Wave could have their roots traced to the former National Stadium which hosted 18 National Day Parades, as well as numerous notable cultural and sporting events. As such, Kallang played pivotal roles in Singapore’s aviation and sporting histories.

Today, Kallang is probably best known for being the location of Jalan Besar Stadium and the Singapore Sports Hub, which is home to the new National Stadium and the Singapore Indoor Stadium. The new National Stadium hosted the National Day Parade in 2016, while the Singapore Indoor Stadium frequently hosts world-class concerts and performances by renowned artists from around the world.

Colliers Research: Industrial property market sector is continuing to find its footing

Mr Paul Ho, Chief Mortgage Consultant at iCompareLoan, said that despite the property curbs introduced by the Government last year, Singapore is still an attractive residential market for investors.

Although the property market exuberance has been curbed to some extent with the property cooling measures introduced last year, Singapore as a property market investment destination still remains among the top – shoulder to shoulder – with other cities in the world like London, New York, Shanghai and Sydney.

“We have to be mindful that there is a lot of excess capital fluidity here and at 1.9 – 2 percent, Singapore has one of the lowest interest rates for home loans in the region,” he added.

Are Singapore Banks transferring Interest volatility risks to consumers?

The biggest gainers following the new property cooling measures is likely be owners of strata portfolio of offices and shophouses approved for commercial use. The property cooling measures affected almost all categories of buyers and is predicted to achieve its intended objectives of cooling demand and moderating price growth.

One report said investors looking for alternatives to park their money in the wake of property cooling measures, would divert their attention to the offices and shophouses markets as they are not subjected to this round of purchase or sales restrictions/encumbrances.

How to Secure a Commercial Loan Quickly

Are you planning to purchase a similar Kallang freehold industrial office but unsure of funding? Do not worry because iCompareLoan mortgage brokers can set you up on a path that can get you a commercial loan in a quick and seamless manner.

Alternatively you can read more about the Best Commercial Loans in Singapore before deciding on your purchase.  Our brokers have close links with the best lenders in town and can help you compare Singapore commercial loans and settle for a package which best suits your commercial purchase needs.

Whether you are looking for a new commercial loan or for refinancing for your commercial properties, our mortgage brokers can help you get everything right from calculating mortgage repayment, comparing interest rates, all through to securing the best commercial loans which fits your unique profile. And the good thing is that all our services are free of charge. So it is all worth it to secure the best commercial loans through us.

For advice on a new commercial loan  or Personal Finance advice.

To speak to our Panel of Property agents.

For refinancing advice.

 

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