Altura EC is a new executive condominium project located in West Avenue 8 in Singapore. It is expected to be launched in the second quarter of 2023. Its strategic location makes it attractive to first-time buyers and HDB upgraders. Pricing for Altura EC is set at S$1,300 per square foot, which is more affordable than many private condominiums. Thus, it is suitable for many Singaporean families.

Keyword: Altura EC

Up for sale with a guide price of $50 million is a two-storey production and distribution facility located at 60 Tuas Avenue 11. CBRE is the marketing agent for this private treaty sale, offering investors and owner-occupiers alike the chance to acquire a property with good building specifications that is strategically located within the Tuas manufacturing zones.

The building sits on a 256,000 sq ft site that is zoned for ‘Business 2’ with a plot ratio of 1.4; the existing two-storey industrial building has a total gross floor area of 281,000 sq ft, and strong rental expansion and leasing renewal momentum is expected to underpin demand for quality warehouse spaces in the area.

The industrial building comprises manufacturing and warehouse space on the ground and second floors, with ancillary office space on the second floor; it is partially air-conditioned with humidity control, making it an ideal choice for pharmaceutical or semiconductor industries’ manufacturing or storage. The building is also served by five dock levellers equipped for 40-footer container loading, 4000-ampere 3-phase power supply, and a 3-tonne cargo lift.

Transport connectivity to the site is accomplished via Tuas Viaduct and the Ayer Rajah Expressway (AYE), with proximity to the Tuas Megaport and Tuas Checkpoint. Graeme Bolin, head of occupier and leasing, industrial and logistics services, CBRE, states that owing to the tight supply of quality warehouse spaces, investors and owner-occupiers can look to benefit from potential built-up area of approximately 358,400 sq ft, leaving approximately 77,000 sq ft of unutilised plot ratio based on the existing property.

This industrial site at 60 Tuas Ave 11 presents an ideal opportunity for investors and owner-occupiers alike to take advantage of, due to its strategic location and good building specifications. With a 30-year lease that started in 1995, the prospect of strong rental expansion and leasing renewal momentum in 1Q2023, and transport connectivity through the nearby Tuas Viaduct and AYE, the Tuas Megaport and Tuas Checkpoint, this is an attractive proposition for many.

Promenade Peak is an upcoming condominium development located at Zion Road Parcel B, developed by renowned developer Allgreen Properties. This luxurious development offers a prime location with easy access to a plethora of amenities and conveniences. Promenade Peak features top-notch facilities such as a swimming pool, jacuzzi, gym, and lush gardens that provide a serene and tranquil environment for residents to relax and rejuvenate. With its modern and sleek design, Promenade Peak promises to be a highly sought-after address with its impeccable quality and impeccable finishes. Discover the perfect blend of convenience and luxury at Promenade Peak.