Colliers International has been appointed the exclusive marketing agent for a 6-storey industrial development at 10 Tampines Industrial Avenue 3 in Singapore.
Spanning across a vast site area of 997,330 sqft, the property boasts a substantial gross floor area of approximately 1,905,813 sqft, with nearly 1.1 million sqft designated as a Class ISO Class 7 (10k) cleanroom.
Benefitting from a JTC 30+28 years lease tenure from June 2001, with approximately 35 years remaining as of 2024, this strategically positioned asset is primed for optimal utilisation.
Zoned for “Business 2” purposes with a maximum permissible plot ratio of 2.5, the property is available for sale via private treaty, with an indicative price of S$400m. Its expansive layout allows for flexible leasing options, accommodating diverse space requirements by subdividing the cleanroom, production area, and ancillary office spaces.
Highlighted features include a dual-source 50 MVA incoming power supply, VC-C vibration control specifications tailored for manufacturing processes, and 21 loading bays. The development offers floor loading capacities ranging from 6-30kN/sqm and floor-to-ceiling heights between 5.6m-6.5m, ensuring adaptability to various industrial needs.
As the nerve centre of innovations in robotics, autonomous vehicles, and artificial intelligence, the semiconductor industry is steering the next wave of industrialisation
With current approval for advanced flat panel display manufacturing, the property is ideally suited for semiconductor, wafer fabrication, and electronics industries.
Lynus Pook, Head of Industrial Services at Colliers Singapore, said: “Colliers presents a rare opportunity for market leaders to acquire a trophy building of such remarkable size and quality. Singapore is a major electronics manufacturing hub globally and has been a sought-after location by semi-conductor giants such as Soitec, Vanguard and GlobalFoundries for their regional expansions."
"As the nerve centre of innovations in robotics, autonomous vehicles, and artificial intelligence, the semiconductor industry is steering the next wave of industrialisation – fuelling the tens of thousands of sensors found in autonomous vehicles and forming the backbone of cutting-edge technological advancements," Pook added. "This development will be able to provide speed to market for companies which require a significant quantum of space in a ready-built facility, especially via the leasing model."
Strategically positioned near major manufacturing firms within the Tampines/Pasir Ris Wafer Fabrication Park and just a 15-minute drive from Changi Airport, 10 Tampines Industrial Avenue 3 enjoys excellent connectivity. Additionally, its proximity to Tampines MRT station and major highways such as TPE, PIE, KPE, and ECP enhances accessibility for tenants and stakeholders alike.
