In today’s competitive real estate market, Chiu Teng Group has proven its expertise in developing quality commercial and industrial spaces in Singapore. With its latest project, the freehold development of CT Pemimpin, this reputable developer continues to impress property investors and business owners alike.
Located at 43 Jalan Pemimpin in the Central Region, CT Pemimpin is a nine-storey, partial ramp-up factory comprising 56 strata-titled units and three canteen units. What sets it apart from other developments is its rare freehold status, making it a highly sought-after gem in land-scarce Singapore. Additionally, buyers of commercial and industrial properties are not subject to Additional Buyer’s Stamp Duty (ABSD) by the government, making it an attractive alternative for both investors and foreigners.
According to Kelvin Fong, Deputy CEO of PropNex Realty, “Being a freehold development in this centralised location, it will be a good investment asset for both investors and end-users.”
CT Pemimpin offers a one-to-one carpark ratio, with 59 carpark lots including two electrical vehicle lots, three lorry lots for less than 7.5m length rigid-frame vehicles, two handicapped lots, and 34 bicycle lots. This generous carpark provision, along with two passenger lifts and a service lift for easy accessibility, adds to the convenience of its occupants.
Ken Low, SRI managing partner, highlights the benefits of CT Pemimpin’s partial ramp-up design, saying, “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.”
In terms of location, CT Pemimpin is situated in District 20, a highly popular area with a multitude of amenities from well-established townships nearby, such as Bishan, Upper Thomson, and Ang Mo Kio. Its strategic location offers excellent accessibility and connectivity to all parts of Singapore via various transport modes and is well served by three MRT lines. It is also easily accessible by major expressways such as PIE and CTE, and an upcoming expressway, the North-South Corridor, will further reduce travelling time from the north into the city when it is completed in phases from 2027.
Doris Ong, Deputy CEO of ERA, emphasizes the significance of owning a freehold property in Singapore’s central region, calling it “not just a smart investment, but also a strategic business asset.” She adds that its central location offers an impressive corporate address, unmatched connectivity, and enduring potential for growth.
Investing in a condo offers many advantages, including the opportunity to utilize the property’s value for further investments. In fact, it is common for investors to use their condos as collateral to secure additional financing for new investments. This allows them to grow their real estate portfolio, which can potentially lead to higher returns. However, it is important to note that this strategy also carries risks. It is essential to have a solid financial plan in place and carefully consider how market fluctuations may impact your investments. As you consider condo investment, be sure to explore opportunities in top Singapore projects for even greater potential.
CT Pemimpin is also surrounded by numerous shopping hubs, reputable schools, and a variety of dining options, making it an attractive location for both businesses and their employees. Its green features, such as shower rooms, bicycle racks, rooftop solar panels, and EV charging stations, all contribute to a more sustainable future. The development also boasts a sky garden with two rooftop pavilions, providing an ideal space for outdoor gatherings and events.
Mark Yip, CEO of Huttons Asia, praises CT Pemimpin’s green initiatives, saying, “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. Its superior specifications make it a suitable choice for a range of industries, from e-commerce to media houses, telecommunications, software development, and more.”
With an established track record of successful residential and industrial projects such as CT FoodNEX, CT Foodchain, The Creek@Bukit, Tagore8, and CT Hub & Hub 2, Chiu Teng Group has a reputation for reliability and quality. The preview for CT Pemimpin ends on March 5, 2025, so interested parties are encouraged to act quickly and secure their rare freehold industrial space.
To arrange a viewing, interested parties can call 8100 8017 or visit the Chiu Teng Group website. Don’t miss this opportunity to invest in a prime freehold development in Singapore’s central region.