Sindo Industrial Building

Overview

Sales

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Overview

Sales

Rental

Surrounding

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Details

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*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Description
Sindo Industrial Building is a leasehold (60 yrs from 1980) industrial property. The development occupies a land area of 9,968 sqm and a Gross Floor Area of 24,917 sqm.

SINDO INDUSTRIAL BUILDING is located along Tannery Lane in Geylang, in District 13. It is accessible through the nearest MRTs including Mattar DT25 and Geylang Bahru DT24. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, TAN PAK NANG, PRIME SUPERMARKET LIMITED.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 180 psf in Oct 2023 for a 3,886 sqft unit for Factory (All Types), S$ 190 psf in Jan 2014 for a 3,412 sqft unit for Warehouse. Its lowest recorded transaction was S$ 162 psf in Jan 2024 for a 1,636 sqft unit for Factory (All Types), S$ 190 psf in Jan 2014 for a 3,412 sqft unit for Warehouse.

Buyers and tenants are attracted to District 13, which encompasses Braddell, Macpherson and Potong Pasir. It is located at the city fringe of Singapore. The district comprises predominantly residential properties in the form of HDB clusters, private non-landed and landed homes. District 13 is served by the Macpherson MRT station of the Circle Line and the Downtown Line. It is also connected by Potong Pasir and Braddell MRT stations via North-East Line and North-South Line. Residents in these areas enjoy good accessibility to nearby shopping malls and amenities such as City Square Mall, NEX Shopping Mall and the Orchard Road shopping belt.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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4
"Clean environment with 24hrs security"
P**** L**
Google Review     |   28 Apr 2022
1
"No handicap toilet"
K*** G*****
Google Review     |   25 Jan 2020
2
" Motorcycles not welcome inside. Is that because riders don't spend money like other customers Ratty old industrial building with illusions of grandeur and slow lifts."
P*** W****
Google Review     |   13 Nov 2019
1
"Bad building management, uses inaccurate clock for carpark grace period calculation"
W**** W*******
Google Review     |   10 Jan 2019
5
"Scary place to go at night as the light is dim"
R**** M******
Google Review     |   03 Dec 2018
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Nearby Amenities
Source: URA,  www.edgeprop.sg
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Sales Transaction of Tannery Lane (Limited to 10)

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Asking Price of SINDO INDUSTRIAL BUILDING

Source: URA, https://www.edgeprop.sg

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Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.

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