When purchasing a condominium, one must not overlook the importance of its maintenance and management. Usually, condos have associated maintenance fees that encompass the maintenance of shared spaces and amenities. While these fees may increase the total expenses, they serve to maintain the property’s quality and uphold its value. Utilizing the services of a property management company can assist investors in managing their condos on a regular basis, making it a more effortless investment. Additionally, Singapore Projects can also be a valuable option to consider for potential investments.
CT Pemimpin: A Gem in Land-Scarce Singapore
Chiu Teng Group has established a reputation for developing quality commercial and industrial spaces in Singapore. Their latest offering – CT Pemimpin, a freehold development, is sure to delight property investors and business owners looking for an exceptional opportunity in the land-scarce city state.
Located at 43 Jalan Pemimpin in the Central Region, CT Pemimpin is a nine-storey, partial ramp-up factory with 56 strata-titled units and three canteen units. Selected units on the first and fifth levels have mezzanine floors and floor heights ranging from 5.6m to 7.35m.
Rare Freehold Status
With most industrial developments in the market being limited to a 30-year or 60-year lease, the freehold status of CT Pemimpin is a standout feature. Moreover, buyers of commercial and industrial properties are not subject to Additional Buyer’s Stamp Duty, making it an attractive option for investors and eligible foreigners.
Kelvin Fong, Deputy CEO of PropNex Realty, says, “Being a freehold development in this centralised location, it will be good investment asset to both investors and end-users.”
Generous Amenities
CT Pemimpin boasts a one-to-one carpark ratio with 59 lots, including two electric vehicle lots, three lorry lots for smaller vehicles, and two handicapped lots. The building will be well-served by two passenger lifts and a service lift. Each unit has its own private toilet, providing convenience for occupants.
Ken Low, SRI managing partner, says, “One of the standout perks of CT Pemimpin is the carpark lot allocated for each of the 59 units, offering convenience for business owners. This will ensure seamless accessibility and time-saving.”
Centralised Location
Situated in District 20, CT Pemimpin is surrounded by well-established townships such as Bishan, Upper Thomson, and Ang Mo Kio, making it highly popular with buyers and tenants. Its strategic location offers excellent accessibility and connectivity to all parts of Singapore, with three MRT lines serving the area.
Doris Ong, Deputy CEO of ERA, says, “Owning a freehold property in Singapore’s central region isn’t just a smart investment – it’s a strategic business asset. Positioned in one of the city’s most dynamic and prestigious locations, it offers an impressive corporate address, unmatched connectivity, and enduring potential for growth.”
Green Features
CT Pemimpin will be designed with thoughtful ‘end-of-trip’ facilities, including a shower room, bicycle racks, and storage lockers. Other green features include a sky garden with two rooftop pavilions for outdoor gatherings, rooftop solar panels, and EV charging stations. The building will also have water-saving fittings, motion-sensor lighting, and double-glazed windows (selected units) for sustainability.
Mark Yip, CEO of Huttons Asia, says, “CT Pemimpin aims to shape a greener and more committed future with its sustainable features such as water-saving fittings, double-glazed windows, and many other green features. The development is perfect for industries ranging from e-commerce, media houses, telecommunications, to software development.”
Established Developer
Chiu Teng Group, set up in 1999, is a reputable property developer and builder with a portfolio of successful industrial and residential projects such as CT FoodNEX, CT Foodchain, The Creek@Bukit, Tagore8, and CT Hub & Hub 2.
CT Pemimpin is open for preview until March 5, 2025. Secure your rare freehold industrial space today by calling 8100 8017 or visiting Chiu Teng Group to arrange a viewing.
Don’t miss out on this opportunity to own a gem in land-scarce Singapore!