Riding on its success in developing quality commercial and industrial spaces in Singapore, Chiu Teng Group’s launch of its new freehold development – CT Pemimpin, will delight property investors or business owners on the lookout for a gem in land-scarce Singapore.
A freehold B1 industrial building, CT Pemimpin is located at 43 Jalan Pemimpin in the Central Region. The nine-storey, partial ramp-up factory comprises 56 strata-titled units and three canteen units, with floor heights ranging from 5.6m to 7.35m for selected units with mezzanine floors located on levels one and five.
Artist’s impression of the modern drop off point at CT Pemimpin (Picture: Chiu Teng Group)
Rare freehold status stands out
With its freehold status, the partial ramp-up CT Pemimpin is an exceptional find in today’s market where most industrial developments are limited to a 30-year or 60-year lease. Moreover, buyers of commercial and industrial properties are not subject to Additional Buyer’s Stamp Duty (ABSD) by the government, making them an attractive alternative for investors and foreigners who are eligible to buy.
“Being a freehold development in this centralised location, it will be good investment asset to both investors and end-users,” says Kelvin Fong, Deputy CEO, PropNex Realty.
CT Pemimpin also boasts a generous one-to-one carpark ratio with 59 carpark lots including two electrical vehicle lots, and three lorry lots for less than 7.5m length rigid-frame vehicles at the loading and unloading bay, two handicapped lots and 34 bicycle lots.
The development will be well served by two passenger lifts and a service lift. Each unit is equipped with its own private toilets, providing convenience for the occupants to access it from their own premises.
Says Ken Low, SRI managing partner: “One of the standout perks of CT Pemimpin is the carpark lot allocated for each of the 59 units, offering convenience for business owners. This will ensure seamless accessibility and time saving.”
“Additionally, the partial ramp-up design enhances accessibility for day-to-day operations, allowing for smoother loading and unloading of goods. This will improve overall logistics efficiency. These features make CT Pemimpin an ideal choice for businesses owners looking for convenience, functionality, and ease of access, on top of its superior central location,” adds Low.
Artist’s impression of a sectional perspective of CT Pemimpin (Picture: Chiu Teng Group)
Centralised location enhances appeal
CT Pemimpin is situated in District 20, which is highly popular with buyers and tenants, thanks to a plethora of amenities from well-established townships nearby, such as Bishan, Upper Thomson and Ang Mo Kio. Its strategic location boasts excellent accessibility and connectivity to all parts of Singapore via various transport modes. Well served by three MRT lines, the industrial estate offers excellent convenience to those who commute to work by public transport.
“Owning a freehold property in Singapore’s central region isn’t just a smart investment – it’s a strategic business asset. Positioned in one of the city’s most dynamic and prestigious locations, it offers an impressive corporate address, unmatched connectivity, and enduring potential for growth,” says Doris Ong, Deputy CEO, ERA.
Situated a stone’s throw away or five minutes’ walk from Marymount MRT station (Circle MRT Line), it is also accessible via Upper Thomson MRT station (Thomson-East Coast Line) and Bishan MRT station (North-South MRT Line) just five minutes’ drive away. It is also a breeze for motorists to access the Jalan Pemimpin industrial estate, which is close to major expressways such as PIE and CTE. It is also an eight-minute drive from Novena and a 15-minute drive from Orchard Road.
Its connectivity will be further enhanced with an upcoming expressway, the North-South Corridor with dedicated bus and cycling lanes that will further reduce travelling time from the north into the city when it is completed in phases from 2027.
A good mix of retail and dining offerings are conveniently located at popular suburban shopping hubs such as Junction 8, Thomson Plaza, Velocity@Novena Square, AMK Hub, NEX, Woodleigh Mall, Toa Payoh HDB Hub which are within minutes’ drive away. Various reputable schools are within close proximity, such as Raffles Institution, Catholic High School and Eunoia Junior College.
Artist’s impression of the canteen (Picture: Chiu Teng Group)
Green features for a more sustainable future
The building will be designed with thoughtful ‘end-of-trip’ facilities such as shower room, bicycle racks and storage lockers. Other green features include communal facilities such as a sky garden with two rooftop pavilions that are ideal for occupiers or tenants to host outdoor gatherings. Additional features such as rooftop solar panels and EV charging stations, are in the pipeline. Other sustainable features range from water-saving fittings to motion-sensor lightings and double-glazed windows (selected units) to a recycling corner.
Says Mark Yip, CEO of Huttons Asia: “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 committed future. It has superb specifications to suit many end-users in industries ranging from e-commerce, media houses, telecommunications, software development and others.”
Artist’s impression of the landscaped sky garden (Picture: Chiu Teng Group)
Set up in 1999, Chiu Teng Group has established itself as a reliable property developer and builder, particularly in the industrial and commercial sectors. Its development portfolio features various well-received industrial and residential projects such as CT FoodNEX, CT Foodchain, The Creek@Bukit, Tagore8 and CT Hub & Hub 2.
The preview ends on March 5, 2025.
Artist’s impression of an aerial night montage of CT Pemimpin (Picture: Chiu Teng Group)
Secure your rare freehold industrial space today! Call 8100 8017 or visit Chiu Teng Group to arrange a viewing.
