Richard Tan Commercial Properties
Industrial Properties
Industrial Buildings
Consisting of factory spaces, warehouse spaces and industrial land, industrial properties are mostly located in the more remote areas of Singapore like Woodlands or Tuas.
Separated into three main use categories, these properties support many of Singapore’s essential industries like maritime and construction.
With high demand and shorter tenures, these industrial spaces are no doubt one of the best avenues for investment in the current property market.
Categories of Industrial Property
Business 1 (B1)
For industries that do not require more than 50m nuisance buffers.
Business 2 (B2)
For industries requiring nuisance buffers of more than 50m.
Business Parks
For non-pollutive and non-manufacturing industries.
Factors to Consider
As a first-time investor in industrial property, there are a number of rules and regulations that you must consider whether it is for your own business or for the purposes of rental income. With our experienced industrial team, you’ll get first-hand advice on selecting a suitable property and other important factors like:
Benefits
Compared to other property types, industrial properties have a shorter tenure of between 30 to 60 years, with only a rare few reaching 99-years. Due to this, they often command a higher rental yield.
Similar to commercial properties, industrial properties are often considered to be beyond the means of the average individual property investor. However, strata-titled industrial units are actually priced around a very affordable $500,000 to $1,000,000.
Desirable industrial properties get snapped up really quickly and are usually sold privately through referrals. To get access to these private listings, it is essential to have an extensive network.
Other Services
In addition to marketing services, our team also has the knowledge and experience to assist with other related property concerns to provide a full-suite service from start to end.
Application for
Change of Use
Application for Additions & Alterations (A&A)
Dormitory License Renewal
Securing Suitable
Tenant Profiles
Timeline Planning of Move-in / Move-out
Rental Management Services