Located in District 20, 43 Jalan Pemimpin, CT Pemimpin is a freehold B1 industrial factory project developed by Chiu Teng Group. With its premium location in the Central Region, this project offers easy accessibility and serves as a rare permanent investment option for property investors. This project is a testament to Chiu Teng Group’s dedication to developing high-quality commercial and industrial spaces in Singapore.
Chiu Teng Group, a renowned property developer in Singapore, has recently launched its latest B1 industrial factory project, CT Pemimpin. This freehold development is situated at 43 Jalan Pemimpin in the Central Region, making it the perfect choice for companies seeking a well-located site with excellent accessibility and property investors looking for a rare permanent investment option.
Featuring sustainable features and communal facilities, CT Pemimpin is a nine-storey, partial ramp-up factory that boasts two rooftop pavilions for outdoor gatherings, rooftop solar panels, two passenger lifts, and a service lift. It comprises 56 strata-titled units and three canteen units, with varying floor heights and individual units equipped with toilets for convenience and privacy.
CT Pemimpin also offers a generous one-to-one carpark ratio with 59 carpark lots, including two electric vehicle (EV) lots, and two loading and unloading bays, catering to rigid-frame vehicles. The project’s strategic location in District 20 adds to its appeal, particularly for property investors and end-users seeking sleek and modern industrial spaces close to public transport and major expressways.
According to Marcus Chu, CEO of ERA Singapore, CT Pemimpin will attract both investors and end-users due to its freehold status and the absence of Additional Buyer’s Stamp Duty (ABSD) on industrial properties, providing risk diversification. Moreover, as a rare centrally located industrial development for sale, its scarcity will significantly contribute to its appeal.
Ken Low, SRI managing partner, adds that CT Pemimpin’s sleek modern facade and central location will appeal to a wider group of investors and end-users, especially young entrepreneurs and their staff. With easy access to Marymount and Bishan MRT stations, as well as various amenities and reputable schools, this freehold development will be highly sought after. Unlike most industrial developments with a 30-year or 60-year lease, CT Pemimpin’s freehold status makes it a rare find and a valuable asset for investors.
CT Pemimpin’s strategic location offers unparalleled connectivity, with easy access to all parts of Singapore via public and private transport. Its proximity to major expressways such as PIE and CTE, along with the future completion of the North-South Corridor in phases from 2027, will further reduce travelling time from the north into the city.
The project is also near bustling townships such as Bishan, Upper Thomson, and Ang Mo Kio, offering a variety of retail and dining options at shopping havens like Junction 8, Thomson Plaza, and AMK Hub. Parents will appreciate the convenient location near reputable schools such as Raffles Institution, Catholic High School, and Eunoia Junior College.
Investing in a condo offers numerous advantages, one of them being the potential to leverage its value for future investments. A common practice among investors is to use their condos as a form of collateral to secure financing for other ventures. This not only allows them to diversify their real estate portfolio, but also has the potential to increase their returns. However, it is important to note that this strategy also involves risks and must be approached with caution. It is crucial to have a solid financial plan in place and carefully consider the potential impact of market fluctuations. With the addition of Singapore Projects, this approach can open up even more opportunities for investors.
Founded in 1999, Chiu Teng Group has established itself as a reliable property developer and builder, with a large portfolio of well-received industrial and residential projects. With the preview of CT Pemimpin starting on February 21, 2025, this is an excellent opportunity for property investors and end-users to secure a rare freehold industrial space. Visit the Chiu Teng Group’s website or call 8100 8017 to arrange a viewing today.