SINGAPORE: A portfolio of four adjoining Business 1 (B1) strata industrial units at E-Centre @ Redhill, located at 3791 Jalan Bukit Merah, has been relaunched for sale by private treaty at S$3.93 million. Real estate agency Brilliance Capital said the revised price stands at S$650 per square foot (psf) based on a total strata area of 6,049 square feet (sq ft).
The EdgeProp Singapore reported that the portfolio was previously priced at S$744 psf, or S$4.5 million, last October, making the new price about 13% more affordable.
Sammi Lim, Founder and Executive Director of Brilliance Capital, said, “We are delighted to bring this exceptional asset back to the market at a new, attractive price point. Its central location, scale, and flexibility make it a rare find in today’s industrial landscape. Whether for own use or as an income-generating investment, this portfolio offers excellent value with strong future growth potential.”
The B1 industrial units, which range from 1,259 to 1,604 sq ft, are well-suited for light industrial, e-commerce, tech, design, healthcare, or consultancy purposes.
The property, which has a corporate frontage and 24-hour access, has a remaining lease tenure of about 36 years and is eligible for purchase by both local and foreign buyers without the imposition of Additional Buyer’s Stamp Duty (ABSD).
E-Centre @ Redhill is just minutes away from Redhill and Tiong Bahru MRT stations and major expressways such as the Ayer Rajah Expressway (AYE) and Central Expressway (CTE). It’s also near the CBD, Mapletree Business City, One-North, and Science Park. Nearby landmarks include IKEA Alexandra, Anchorpoint Shopping Centre, Queensway Shopping Centre, and the Momentus Hotel. /TISG
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