Chiu Teng Group has once again proven its expertise in developing top-notch commercial and industrial spaces with the launch of its newest development – CT Pemimpin. As buyers and investors in land-scarce Singapore strive to find freehold properties, the nine-storey, partial ramp-up factory offers a gem for those seeking quality and convenience.
Renowned for its success in developing premium commercial and industrial spaces in Singapore, Chiu Teng Group is excited to launch its latest development – CT Pemimpin – a freehold B1 industrial building that is set to impress property investors and business owners alike.
Strategically located at 43 Jalan Pemimpin in the heart of the Central Region, CT Pemimpin is a nine-storey, partial ramp-up factory that consists of 56 strata-titled units and three canteen units. The building boasts floor heights ranging from 5.6m to 7.35m for selected units with mezzanine floors located on levels one and five. This provides businesses with ample space and flexibility for their operations.
One of the most attractive features of CT Pemimpin is its rare freehold status, which sets it apart from other industrial developments in the market that usually have a 30-year or 60-year lease. Additionally, buyers of commercial and industrial properties are exempt from Additional Buyer’s Stamp Duty (ABSD), making it an appealing investment option for both local and foreign buyers.
Kelvin Fong, Deputy CEO of PropNex Realty, comments, “With its strategic location and freehold status, CT Pemimpin is an exceptional investment asset for both investors and end-users.”
In addition to its freehold status, CT Pemimpin also boasts a generous one-to-one carpark ratio with 59 carpark lots, including two electrical vehicle lots, three lorry lots for less than 7.5m rigid-frame vehicles at the loading and unloading bay, two handicapped lots, and 34 bicycle lots. The development is also well-served by two passenger lifts and a service lift, making it easily accessible for all occupants.
Ken Low, SRI Managing Partner, adds, “One of the standout perks of CT Pemimpin is the allocated carpark lot for each of the 59 units, providing convenience for business owners. This allows for seamless accessibility and time-saving.”
Aside from its excellent carpark ratio, the partial ramp-up design of CT Pemimpin also enhances accessibility, making it easy for businesses to load and unload goods more efficiently. This will ultimately improve logistics efficiency, making it the ideal choice for businesses looking for convenience, functionality, and ease of access, in addition to its prime central location.
The demand for condos in Singapore remains strong due to a variety of factors. One of the key reasons is the limited amount of land available for development. As a small island nation with a rapidly expanding population, Singapore is faced with the challenge of scarcity when it comes to land. This has resulted in strict regulations on land use and a fiercely competitive real estate market that consistently drives up property prices. As a result, investing in real estate, especially in Singapore Condos, has become a highly lucrative venture, with the promise of significant capital appreciation.
Another key selling point of CT Pemimpin is its centralised location which is highly sought after by buyers and tenants. Situated in District 20, the industrial building is surrounded by well-established townships like Bishan, Upper Thomson, and Ang Mo Kio, providing a myriad of amenities. Its strategic location also offers excellent connectivity to all parts of Singapore, with easy access to three MRT lines, making it convenient for those who commute to work by public transport.
With its close proximity to Marymount MRT station (Circle Line), Upper Thomson MRT station (Thomson-East Coast Line), and Bishan MRT station (North-South Line), it is easily accessible for motorists as well, being close to major expressways such as PIE and CTE. Its strategic location is further enhanced by an upcoming expressway, the North-South Corridor, which will reduce travelling time from the north into the city when it is completed in phases from 2027. Various reputable schools are also nearby, including Raffles Institution, Catholic High School, and Eunoia Junior College.
In addition to its excellent connectivity, the building is also within a short distance to popular suburban shopping hubs such as Junction 8, Thomson Plaza, Velocity@Novena Square, AMK Hub, NEX, Woodleigh Mall, Toa Payoh HDB Hub. Furthermore, the development will be designed with thoughtful ‘end-of-trip’ facilities like a shower room, bicycle racks, and storage lockers, as well as communal facilities such as a sky garden with two rooftop pavilions for tenants or occupiers to host outdoor gatherings.
Mark Yip, CEO of Huttons Asia, comments, “With water-saving fittings, double-glazed windows for certain units, and many other green features for sustainability, CT Pemimpin aims to shape a greener and more committed future. It has superior specifications to cater to a wide range of end-users in industries such as e-commerce, media houses, telecommunications, software development, and more.”
Launched by Chiu Teng Group, a reliable property developer and builder with a proven track record, CT Pemimpin is the latest addition to its impressive portfolio, which includes well-received industrial and residential projects such as CT FoodNEX, CT Foodchain, The Creek@Bukit, Tagore8, and CT Hub & Hub 2. The preview of CT Pemimpin will end on March 25, 2025. Don’t miss this opportunity to own a rare freehold industrial space today! Call 8100 8017 or visit Chiu Teng Group to arrange a viewing.