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From easy accessibility, storage and structural features to its strategic position in rapidly developing Sembawang, Nordcom II @ Gambas Crescent provides a seamless operation for businesses.
Strategically located at the heart of the established northern industrial cluster, Nordcom II @ Gambas Crescent, which is developed by Far East Organization, is set to provide business owners, especially those who are in the industrial, utilities and telecommunication business, with everything they require to bring their businesses to the next level – from easy accessibility, storage and structural features to its strategic position in rapidly developing Sembawang, providing a seamless operation for businesses.
Presiding over more than 290,000 sq ft of land, the 30-year leasehold B1 industrial development, which comprises 347 units in total, offers a selection of ramp-up, flatted and 3-storey factory units with sizes ranging from 1,636 sq ft to 5,888 sq ft. Interested buyers and investors can choose from various layouts and configurations, depending on the nature of their business. The ceiling heights here range from 4.5m to 6m high.
A host of amenities and conveniences
The position of Nordcom II @ Gambas Crescent is further strengthened by its close proximity to nearby industrial clusters such as Woodlands Regional Centre, Seletar Regional Centre and Seletar Aerospace Park.
The Woodlands Regional Centre, which is part of a larger commercial belt called the North Coast Innovation Corridor, will house the first business park cluster in Singapore’s northern area. Some land will also be carved out for small and medium-sized enterprises (SMEs), which will benefit from being close to Malaysia via a future cross-border rail link.
This belt, which is slated to become a major source of jobs in the north and north-eastern parts of the island, runs east from Woodlands to Punggol, where a “learning corridor” and “creative cluster” will be developed.
When it comes to convenience, Nordcom II @ Gambas Crescent is situated within a stone’s throw from various transportation links including the Seletar Expressway (SLE), the future North-South Expressway (NSE), and Sembawang, Yishun and the upcoming Canberra MRT stations, which make travelling to other parts of the island, a breeze. In addition, the future Johor Bahru Rapid Transit System’s (JB-RTS) integration with the upcoming Thomson-East Coast Line (TEL), will offer excellent accessibility to the city centre as well as Iskandar Malaysia.
That is not all; companies who choose to base themselves at Nordcom II @ Gambas Crescent will also be able to benefit from the accessibility of resources and manpower from neighbouring Malaysia, further enhancing their productivity and efficiency. Alternatively, business owners can look to recruit workers from nearby industrial areas such as Sembawang – workers will be enticed to move over as the development is within close proximity to public transportation and a slew of amenities.
Lastly, Nordcom II @ Gambas Crescent also offers a bevy of recreational facilities – all housed within the landscaped rooftop garden, such as a 50m swimming pool, basketball court, meeting pods, and BBQ pavilions. For those with young children, they will definitely appreciate the on-site childcare centre, which will allow them to work in peace knowing that their children are well taken care of.
For business owners who are keen to run a childcare centre, they would be pleased to know that the childcare centre is currently available for sale.
A great investment option
Apart from being an ideal space for business owners to operate and run their businesses, Nordcom II @ Gambas Crescent also offers attractive opportunities for investors – apart from its low price quantum – prices start from around $450,000 per unit – buyers would be pleased to know that they do not need to pay Additional Buyer’s Stamp Duty (ABSD) when they purchase an industrial property.
“With residential properties, buyers have to pay both Additional Buyer’s Stamp Duty (ABSD) and Standard Stamp Duty (SSD). But for industrial properties, buyers are only required to pay SSD, and even then, this only applies if owners sell their industrial space within the first three years. From the fourth year onwards, the industrial space is not subjected to SSD. And on average, an industrial property gives 5.0 to 6.0 percent rental yield. With that, owners of an industrial property can expect to receive positive cash flow every year. And if owners sell the property at the fourth year, they may also reap capital gain. In addition, business owners may also be pleased to know that with industrial properties, they have the flexibility of using 40 percent of the interior space for commercial office use, while the remaining 60 percent can be used for either the owner’s own industries or lease to a tenant for industrial use,” Mr Peter Poh, Chief Operating Officer of Asia Wisdom Group shared in a recent interview with PropertyGuru.
For more information on project details and pricing, call +65 62219979 or visit the Nordcom II @ Gambas Crescent sales gallery at Gambas Crescent.