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Photo from Edmund Tie & Company.

3 strata food factory units at Pandan Loop for sale

Expression of interest ends on 27 February at 3 pm.

Three freehold stata food factory units within Food Concept @ Pandan are up for sale with an indicative guide price of $11m or $1,841 per square foot.

In a statement, Edmund Tie said the properties, which can be bought individually or collectively, are located on the top floor of the 10-storey Food Concept @ Pandan.

The units for sale have a unit area of 177 square metres (sq m), 188 sq m, and 190 sq m, with a layout that can accommodate food-related businesses such as a central kitchen, food processing, food packaging, cold room, cold storage, and food catering.

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Edmund Tie added that the successful buyer can have an immediate rental income as two of the three units are leased. Around $200,000 to $400,000 have been invested in the two units, with the third unit offered on a vacant possession basis.

Both local and foreign investors may buy the property, exempted from additional buyer’s stamp duty.

 

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