For Immediate Release, 2009-06-22
by Seah Li Ching
Colliers International, Singapore
International property consultant, Colliers International, has been appointed by Techkon Investment Pte Ltd as the sole marketing agent for a brand new eight-storey light industrial building located at 237 Pandan Loop.
Named Westech Building, the 999-year leasehold property comprises 70 units, with unit size starting from 1,000 sq ft. Majority of the units have a column-free layout with a loading capacity of 7.5 kN per sq m to 15 kN per sq m and a floor-to-ceiling height of 4.5 m to 6.8 m. The building has 120 car park lots and two loading bays installed with levelers. Temporary Occupation Permit (TOP) is expected in the first quarter of 2010.
Mr Tan Boon Leong, Director of Industrial at Colliers International, says, “Prices for the units start from S$510 per sq ft. Westech Building presents a good opportunity for companies who are looking to secure a brand new industrial space at an attractive price – particularly, as there are few 999-year leasehold industrial properties available for sale in the western part of Singapore.”
The development is suitable for companies in the research and development, electronics, pharmaceutical and information technology industries. Meanwhile, the ground floor unit can be used as a showroom.
Mr Tan continues, “Additionally, what set Westech Building apart from the rest of the light industrial properties is that tenants will enjoy maximum natural lighting. While the ground floor units enjoy full-glass frontage, units on the second to eighth storeys come with glass window panels that span almost three-quarter down from the ceiling and some of the units will enjoy the calming views of the Pandan Reservoir.”
Strategically located in the West Coast vicinity, the development enjoys easy access to the Central Business District and other parts of Singapore via West Coast Highway and Ayer Rajah Expressway, as well as the nearby Clementi MRT station and bus interchange. It is also in proximity to major business centres including International Business Park, Singapore Science Park and Jurong Industrial Park.
About Colliers International
Colliers International is a global affiliation of independently owned commercial real estate firms. The organization's 12,700 employees span the world in 294 offices in 61 countries. On a worldwide basis, Colliers manages 1.1 billion square feet, and has revenue of $US 1.6 billion.
Contact Information
Ms Seah Li Ching
Assistant Manager, Marketing & Communications
Tel: 65 6223 2323
Direct: 65 6531 8545
Mr Tan Boon Leong
Director, Industrial
Tel: 65 6223 2323
Direct: 65 6531 8682
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