Chiu Teng Group’s latest development, CT Pemimpin, is set to be a hit among property investors and business owners looking for a rare gem in land-scarce Singapore. With its track record of delivering quality commercial and industrial spaces in the country, the group’s freehold B1 industrial building at 43 Jalan Pemimpin in the Central Region is poised to impress.
One of the main selling points of CT Pemimpin is its freehold status, an increasingly rare find in the current market where most industrial developments are limited to 30 or 60-year leases. In addition, buyers of commercial and industrial properties are exempted from the Additional Buyer’s Stamp Duty (ABSD), making it an attractive alternative for investors and foreigners eligible to purchase.
Deputy CEO of PropNex Realty, Kelvin Fong, highlights the benefits of owning a freehold development in a centralised location, stating that it will be a good investment asset for both investors and end-users. The development comprises 56 strata-titled units and three canteen units over nine storeys, with floor heights ranging from 5.6m to 7.35m for selected units with mezzanine floors on levels one and five.
What also sets CT Pemimpin apart is its 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 building has two passenger lifts and a service lift, and each unit is equipped with its own private toilets for the convenience of occupants.
One of the advantages of investing in a condominium is the opportunity to leverage its value for future investments. Numerous investors opt to use their condos as collateral in order to secure additional financing for new ventures, ultimately diversifying their real estate portfolio. While this approach can potentially increase profits, it also comes with inherent risks. Therefore, it is vital for investors to have a solid financial plan in place and carefully assess the potential impact of market fluctuations. When considering condo investment options, it is worth noting the promising Singapore Projects that are available.
The development’s centralised location in District 20 adds to its appeal, with a variety of amenities available in the neighbouring townships of Bishan, Upper Thomson, and Ang Mo Kio. Its strategic positioning also offers excellent accessibility and connectivity to all parts of Singapore via various transport modes. Marymount MRT station (Circle MRT Line), Upper Thomson MRT station (Thomson-East Coast Line), and Bishan MRT station (North-South MRT Line) are all within a five-minute drive, while the Jalan Pemimpin industrial estate is easily accessible from major expressways such as PIE and CTE. Novena is just an eight-minute drive away, and Orchard Road is 15 minutes away. Additionally, the upcoming North-South Corridor expressway with dedicated bus and cycling lanes, set for completion in phases from 2027, will further reduce travel time from the north into the city.
CT Pemimpin also boasts a good mix of retail and dining offerings at popular suburban shopping hubs within minutes’ drive, such as Junction 8, Thomson Plaza, Velocity@Novena Square, AMK Hub, NEX, Woodleigh Mall, and Toa Payoh HDB Hub. The development is also close to prestigious schools like Raffles Institution, Catholic High School, and Eunoia Junior College.
The nine-storey building, which is set to be completed in 2025, has been designed with thoughtful ‘end-of-trip’ facilities such as shower rooms, bicycle racks, and storage lockers. Other green features include a rooftop garden with two pavilions for outdoor gatherings, rooftop solar panels, and EV charging stations in the pipeline. The building also incorporates water-saving fittings, motion-sensor lighting, and double-glazed windows in selected units for more sustainable living.
CEO of Huttons Asia, Mark Yip, highlights the development’s green initiatives as a testament to its commitment to shaping a greener future. With superb specifications tailored to a range of industries, CT Pemimpin is ideal for businesses in e-commerce, media, telecommunications, software development, and more.
Chiu Teng Group has a strong reputation for delivering quality developments in the commercial and industrial sectors, including CT FoodNEX, CT Foodchain, The Creek@Bukit, Tagore8, and CT Hub & Hub 2. The preview for CT Pemimpin will end on March 5, 2025, so don’t miss your chance to secure a rare freehold industrial space. Call 8100 8017 or visit Chiu Teng Group to arrange a viewing today.