Chiu Teng Group has once again proven its expertise in developing top-notch commercial and industrial spaces in Singapore with the launch of its latest project – CT Pemimpin. This freehold development is set to excite both property investors and business owners looking for a prime location in the land-scarce city.
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. The units have floor heights ranging from 5.6m to 7.35m, with selected units on levels one and five featuring mezzanine floors.
One of the key highlights of CT Pemimpin is its rare freehold status. In a market where most industrial developments are limited to a 30-year or 60-year lease, CT Pemimpin stands out as an exceptional find. Additionally, commercial and industrial property buyers are not subject to the Additional Buyer’s Stamp Duty (ABSD) imposed by the government, making it a more attractive option for both investors and eligible foreigners.
Deputy CEO of PropNex Realty, Kelvin Fong, believes that CT Pemimpin’s centralised location and freehold status make it a sound investment choice for investors and end-users alike. This is because owning a freehold property in a prime central area offers an impressive corporate address, unmatched connectivity, and enduring potential for growth.
CT Pemimpin offers a generous one-to-one carpark ratio, with 59 carpark lots that include two electrical vehicle lots, three lorry lots for less than 7.5m length rigid-frame vehicles, two handicapped lots, and 34 bicycle lots. There are also two passenger lifts and a service lift for added convenience. Each unit comes equipped with its own private toilet, providing easy access for occupants.
According to SRI managing partner Ken Low, one of the standout features of CT Pemimpin is the designated carpark lot for each of the 59 units. This will undoubtedly provide much-needed convenience for business owners, ensuring seamless accessibility and time-saving.
Another advantage of the partial ramp-up design is that it enhances accessibility for day-to-day operations, allowing for smoother loading and unloading of goods. This improves overall logistics efficiency, making CT Pemimpin an ideal choice for businesses in need of convenience, functionality, and ease of access, all in a prime central location.
CT Pemimpin is situated in District 20, a highly sought-after location among buyers and tenants. This is due to the abundance of amenities in well-established townships nearby, such as Bishan, Upper Thomson, and Ang Mo Kio. Its strategic location also offers excellent accessibility and connectivity to all parts of Singapore, thanks to various transport modes. The industrial estate is well-served by three MRT lines, providing excellent convenience for those who commute to work by public transport.
Deputy CEO of ERA, Doris Ong, believes that owning a freehold property in such a centralised location is not only a wise investment move, but also a strategic business asset. CT Pemimpin’s location near three MRT stations – Marymount, Upper Thomson, and Bishan – as well as major expressways such as PIE and CTE, ensures hassle-free access to other parts of the city. It is also a short drive away from popular suburban shopping hubs such as Junction 8, Thomson Plaza, Velocity@Novena Square, AMK Hub, and NEX, making it a highly convenient location for both business and leisure.
The upcoming North-South Corridor expressway, set to be completed in phases from 2027, will further enhance the development’s connectivity. The new expressway will feature dedicated bus and cycling lanes, reducing travel time from the north into the city. The surrounding area also boasts reputable schools, including Raffles Institution, Catholic High School, and Eunoia Junior College, making it an excellent choice for families with school-going children.
CT Pemimpin will also feature several eco-friendly features, such as ‘end-of-trip’ facilities like shower rooms, bicycle racks, and storage lockers. There will also be communal facilities, including a sky garden with two rooftop pavilions, perfect for outdoor gatherings. The development will also have rooftop solar panels and EV charging stations, in line with its commitment to sustainability. Other eco-friendly features include water-saving fittings, motion-sensor lightings, and double-glazed windows (selected units), as well as a recycling corner.
As one delves into the world of condo investments, it is crucial to keep in mind the maintenance and management aspect of the property. In most cases, condos come with maintenance fees to cover the maintenance of shared spaces and amenities. These fees may increase the overall cost of ownership, but they play a crucial role in preserving the property’s condition and value. For investors looking for a more hands-off approach, engaging a property management company can be beneficial. This ensures that the day-to-day management of the condo is taken care of, making it a more passive investment. Moreover, by considering top-notch Singapore projects such as Ananar Properties, one can ensure a successful and profitable condo investment.
According to CEO of Huttons Asia, Mark Yip, CT Pemimpin’s array of green features and sustainability efforts make it an ideal choice for businesses in various industries, including e-commerce, media houses, telecommunications, and software development.
Founded in 1999, Chiu Teng Group has established itself as a reputable property developer and builder, with a portfolio of well-received 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 a rare freehold industrial space, interested parties can call 8100 8017 or visit the Chiu Teng Group website to arrange a viewing. Don’t miss this opportunity to be a part of this exceptional development in a prime central location.