After the successful development of quality commercial and industrial spaces in Singapore, Chiu Teng Group has now launched their latest project – CT Pemimpin. This freehold development is sure to excite property investors and business owners who are on the lookout for a rare gem in the land-scarce city.
Located at 43 Jalan Pemimpin in the Central Region, CT Pemimpin is a nine-storey, partial ramp-up factory building consisting of 56 strata-titled units and three canteen units. The units on levels one and five also have mezzanine floors with floor heights ranging from 5.6m to 7.35m.
One of the highlights of CT Pemimpin is its freehold status, which is a rarity in today’s market where most industrial developments come with a limited 30-year or 60-year lease. This makes it an exceptional find for investors and foreigners, who are eligible to purchase without being subjected to the Additional Buyer’s Stamp Duty (ABSD) by the government.
Kelvin Fong, the Deputy CEO of PropNex Realty, says, “Being a freehold development in such a central location, it is a great investment asset for both investors and end-users.”
CT Pemimpin also boasts a generous one-to-one carpark ratio with 59 carpark lots, including two electrical vehicle lots, three lorry lots for smaller vehicles, two handicapped lots, and 34 bicycle lots. The building is well-served by two passenger lifts and a service lift, and each unit has its own private toilet for convenience.
According to Ken Low, the SRI managing partner, one of the standout features of CT Pemimpin is the allocated carpark lot for each of the 59 units. This ensures seamless accessibility and time-saving for business owners. The partial ramp-up design also enhances accessibility, allowing for smoother loading and unloading of goods, resulting in improved logistics efficiency. These features, combined with its central location, make CT Pemimpin a perfect choice for business owners looking for convenience, functionality, and ease of access.
CT Pemimpin’s strategic location in District 20, highly popular with buyers and tenants, offers a plethora of amenities from well-established townships nearby, such as Bishan, Upper Thomson, and Ang Mo Kio. It also boasts excellent accessibility and connectivity to all parts of Singapore through various transport modes.
Doris Ong, the Deputy CEO of ERA, says, “Owning a freehold property in Singapore’s central region not only makes for a smart investment but also a strategic business asset. Positioned in one of the city’s most dynamic and prestigious locations, it offers an impressive corporate address, unmatched connectivity, and enduring potential for growth.”
Located just five minutes’ walk from Marymount MRT station (Circle MRT Line), CT Pemimpin is also easily accessible through Upper Thomson MRT station (Thomson-East Coast Line) and Bishan MRT station (North-South MRT Line). For motorists, it is a short drive from major expressways like PIE and CTE and only eight minutes away from Novena and 15 minutes from Orchard Road. The upcoming North-South Corridor is expected to further enhance its connectivity, providing dedicated bus and cycling lanes and reducing travel time from the north into the city when completed in phases from 2027.
Residents of CT Pemimpin will have the convenience of a good mix of retail and dining options, with popular suburban shopping hubs such as Junction 8, Thomson Plaza, Velocity@Novena Square, AMK Hub, NEX, and Toa Payoh HDB Hub just a few minutes’ drive away. Numerous reputable schools, including Raffles Institution, Catholic High School, and Eunoia Junior College, are also in close proximity.
CT Pemimpin will also feature several ‘end-of-trip’ facilities for its occupants, such as shower rooms, bicycle racks, and storage lockers, along with other green features like a sky garden with two rooftop pavilions, rooftop solar panels, and EV charging stations. The building will also have sustainable features like water-saving fittings, motion-sensor lighting, and double-glazed windows for selected units.
Mark Yip, the CEO of Huttons Asia, says, “With many green features for sustainability, CT Pemimpin aims to shape a greener and more committed future. Its high specifications make it suitable for end-users in various industries, such as e-commerce, media houses, telecommunications, software development, and more.”
Established in 1999, Chiu Teng Group has gained a reputation as a reliable property developer and builder, with a portfolio featuring various well-received industrial and residential projects like CT FoodNEX, CT Foodchain, The Creek@Bukit, Tagore8, and CT Hub & Hub 2.
Do not miss the opportunity to secure a rare freehold industrial space at CT Pemimpin. Call 8100 8017 or visit Chiu Teng Group to arrange a viewing before the preview ends on March 5, 2025.