The northern region of Singapore offers good potential to industrialists looking to relocate or divert investment portfolio.
According to property consultancy SLP International, there are many reasons why Woodlands is an investment hotspot. These include upcoming developments like Woodlands Regional Centre which will bring jobs closer to homes.
Additionally, there is easy accessibility via major expressways like SLE, BKE, PIE and CTE, as well as the upcoming Thomson MRT line. The area is also expected to attract businesses with the addition of 170,000 sq m of commercial space and 260ha of industrial land in 10 to 15 years, which includes rare 60-year leasehold industrial plots.
The north also has amply housing options as well as greenery and leisure amenities. It is within proximity to Johor and Iskandar Malaysia, further enhancing its investment appeal. The upcoming Seletar Aerospace Hub will also benefit nearby companies.
One new industrial development is the 60-year leasehold Woodlands Horizon (pictured). It offers 288 units with good specifications like 20- to 40-footer loading and unloading on the ground floor and up to 7.5m lorry ramp-up access and high-ceilings of up to 6.95m.
Its developer OKH is donating S$3,500 to Ren Ci Hospital in the buyer’s name with the purchase of balance units at Woodlands Horizon. For every S$1 donated, OKH will donate S$2.
Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg
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