JCube, located in the JCube Residence Jurong East region of Singapore, will close to make way for a 40-storey residential and commercial development, estimated at S$2,000 to S$2,100 per square foot. Potential launches, including Jcube Condo Residence, will help alleviate pent-up demand for housing in the Jurong Lake District.

Located between Mandai Road and Yishun Avenue 5, the building is easily accessible via Kranji Expressway and is located a five-minute drive away from the future Yishun Integrated Transport Hub.The massive integrated transport hub, which will feature a bus interchange and a hawker centre, will connect the Yishun town centre with the North-South MRT Line and the North-South Expressway (NSE).

Located between Mandai Road and Yishun Avenue 5, the five-storey industrial building at 543 Yishun industrial Park A is now up for sale via an expression of interest exercise, with an indicative price of $19.2 million. Boasting a land area of 80,962 sq ft and a gross floor area of 106,410 sq ft, the property has a remaining lease of approximately 31 years and is zoned for Business 1 use with a plot ratio of 2.5.

Quickly assessable via Kranji Expressway, the property is just a five-minute drive away from the future Yishun Integrated Transport Hub, which will connect Yishun town centre directly with the North-South MRT Line and the North-South Expressway.

Edmund Tie’s Head of Investment Advisory, Swee Shou Fern, believes the property will draw interest from manufactures, electronics, optics, precision engineering firms and companies looking to expand or establish their operations in Singapore. It is noted that the cleanroom facility within the property has been well-maintained and is ready for immediate use by the potential buyer. In addition, the interested parties can also look towards tapping into the unutilised GFA for expansion, which is almost double the current GFA to its maximum allowable of approximately 202,405 sq ft.

The expression of interest exercise for this building will close on April 20 at 3pm. This is a good opportunity for the right buyer to acquire a highly sought-after industrial building in a prime Singapore location.