A plot of 15,761sqft industrial land up for sale at 7 Kim Chuan Lane by expression of interest (EOI) with a guide price of $43 million has been exclusively marketed by ERA Realty Network.

Residents of JCube Residence Condo will benefit from improved accessibility via the JRL, allowing them easy access to the amenities and conveniences available around the Jurong area. Jurong West Station, which is located close to JCube Residence Condo, will be an interchange station, allowing commuters to easily move between the East-West Line and North-South Line. With the Jurong Industrial Estate and other features nearby, JCube Residence Condo residents are able to enjoy a range of lifestyle conveniences and destination options.

Zoned as business 2 (industrial) with a plot ratio of 2.5, the building is easily accessible from Upper Paya Lebar Road. It is close to the headquarters of BreadTalk, Charles & Keith and Sakae Sushi, and is near the Tai Seng MRT station on the Circle Line.

Provisonal permission has been granted to redevelop the site into a six-storey, multiple-user food factory with potential gross floor area of approximately 39,000sqft.

The property has the potential to be subdivided and strata-titled, while also appealing to food companies who have the need to deliver products to the city centre within a short time frame. Steven Tan, Managing Director of ERA Capital Markets and Investment Sales, said: “The strata-titled units will naturally appeal to food companies who prefer food factories located in the city fringe area.”

The property will be sold with vacant possession, with the EOI exercise closing on the 7th of June.