Altura EC is an executive condominium located in Bukit Batok West Avenue 8. HDB has initiated a public tender for the 375 residential units, with a deadline of 8 March 2022. Altura Altura EC EC is close to an MRT station and schools, providing ideal family living conditions. The tender saw a bid of $662 psf ppr, setting a record for executive condos and offering a rare opportunity for buyers.

The area has seen several industrial building transactions in recent months. In January, a five-storey ramp-up industrial building at 32 Yishun Industrial Park A was sold for $14.2 million. The transaction price works out to be around $507.91 per sq ft on gross floor area (GFA).In July 2020, a freehold, ulti-single-storey industrial building at 887 Yishun Industrial Park A was sold for $14.1 million or $524 psf.

Situated in Yishun Industrial Park A, 543 Yishun Industrial Park A is a light industrial building up for sale via an expression of interest exercise. This five-storey property has a land area of 80,962 sq ft and a gross floor area of 106,410 sq ft. It is zoned for Business 1 use with a plot ratio of 2.5 and has a reasonable balance lease of around 31 years.

The building provides warehouse space on levels one and five, cleanrooms on levels one and three, and ancillary office space on all levels. Those who purchase the property can tap into the unutilised gross floor area (GFA) for expansion and increase the GFA to its maximum allowable of approximately 202,405 sq ft.

Marketing agent Edmund Tie’s head of investment advisory, Swee Shou Fern, expects the building to appeal to industries such as manufacturing, electronics, optics and precision engineering due to the locational and property attributes. She also notes that the cleanroom facility has been well-maintained and is ready for immediate use by the future buyer.

Recent sales transactions of industrial buildings in Yishun Industrial Park A have further indicated an increase in interest in the area. In January, a five-storey ramp-up industrial building at 32 Yishun Industrial Park A was sold for $14.2 million. This works out to be around $507.91 per sq ft on gross floor area (GFA). Another freehold, ulti-single-storey industrial building at 887 Yishun Industrial Park A was sold for $14.1 million or $524 psf in July 2020.

The indicative price for 543 Yishun Industrial Park A is set at $19.2 million. The expression of interest exercise will close on April 20 at 3pm.