Chiu Teng Group, known for developing high-quality commercial and industrial spaces in Singapore, is set to impress property investors and business owners with their new freehold development – CT Pemimpin.
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This nine-storey B1 industrial building is located at 43 Jalan Pemimpin in the Central Region and comprises 56 strata-titled units and three canteen units. The units offer floor heights ranging from 5.6m to 7.35m, with selected units featuring mezzanine floors on levels one and five.
The freehold status of CT Pemimpin sets it apart from the majority of industrial developments in Singapore, which are limited to a 30-year or 60-year lease. This makes it a rare and valuable find in today’s market. Additionally, buyers of commercial and industrial properties are not subject to Additional Buyer’s Stamp Duty (ABSD), making it an attractive option for investors and eligible foreigners.
“The freehold status and centralised location make CT Pemimpin a great investment asset for both investors and end-users,” says Kelvin Fong, Deputy CEO of PropNex Realty.
CT Pemimpin also offers a generous one-to-one carpark ratio, with 59 carpark lots including two electrical vehicle lots, three lorry lots, two handicapped lots and 34 bicycle lots. The development is well-served by two passenger lifts and a service lift. Each unit also has its own private toilet for convenience.
“One of the standout features of CT Pemimpin is the allocated carpark lot for each unit, providing convenience for business owners and ensuring seamless accessibility and time-saving,” says Ken Low, Managing Partner of SRI.
Located in District 20, CT Pemimpin is highly sought after due to its proximity to established townships such as Bishan, Upper Thomson and Ang Mo Kio. Its excellent accessibility and connectivity to all parts of Singapore via various transport modes make it a convenient choice for those who commute by public transport.
“Owning a freehold property in Singapore’s central region is not only a smart investment, but also a strategic business asset. It offers an impressive corporate address, unmatched connectivity, and potential for growth,” says Doris Ong, Deputy CEO of ERA.
CT Pemimpin is just a five-minute walk from Marymount MRT station (Circle MRT Line) and accessible via Upper Thomson MRT station (Thomson-East Coast Line) and Bishan MRT station (North-South MRT Line), making it easy for commuters. Drivers can also conveniently access the industrial estate via major expressways such as PIE and CTE. It is also an eight-minute drive from Novena and a 15-minute drive from Orchard Road. The upcoming North-South Corridor expressway, set to be completed in phases from 2027, will further enhance its connectivity.
CT Pemimpin’s central location also offers a variety of retail and dining options at popular shopping centres such as Junction 8, Thomson Plaza, Velocity@Novena Square, AMK Hub, NEX, Woodleigh Mall, and Toa Payoh HDB Hub, all just a short drive away. The development is also close to reputable schools such as Raffles Institution, Catholic High School, and Eunoia Junior College.
The building will include several green features, such as shower rooms, bicycle racks, storage lockers, a sky garden with two rooftop pavilions, and rooftop solar panels and EV charging stations in the future. Other sustainable features include water-saving fittings, motion-sensor lighting, and double-glazed windows in selected units. Mark Yip, CEO of Huttons Asia, says that these features “aim to shape a greener and more committed future.”
Chiu Teng Group, established in 1999, is a trusted property developer and builder, known for its industrial and residential projects such as CT FoodNEX, CT Foodchain, The Creek@Bukit, Tagore8, and CT Hub & Hub 2.
The preview for CT Pemimpin ends on March 5, 2025. To secure your rare freehold industrial space, call 8100 8017 or visit Chiu Teng Group to arrange a viewing. Don’t miss this opportunity!