A freehold industrial development site located along Woodlands Road measuring around 2,888 sq ft is up for sale at a guide price of $4 million, or $1,385 per sq ft on land area.
Under the Urban Redevelopment Authority’s Master Plan 2025, the site is designated for “Business 2” use, permitting a variety of industrial activities. The property is currently occupied by a tyre and battery servicing workshop.
The property has a prominent front along Woodlands Road, near the junction with Stagmont Ring, says exclusive marketing agent ERA Realty. It is situated near the established industrial hubs of Sungei Kadut and Mandai.
According to ERA, the site is well-placed to take advantage of the surrounding ecosystem of small- and medium-sized enterprises (SMEs) operating in the area.
In recent years, the Mandai precinct has also seen an increase in developments focused on food production and storage industries, further boosting the area’s appeal as a centre for industrial and food-related businesses, says ERA.
The property has excellent connectivity through nearby major trunk roads and expressways, such as Woodlands Road, Mandai Road, Upper Bukit Timah Road, as well as the Kranji Expressway (KJE) and Bukit Timah Expressway (BKE).
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"Although the site is relatively compact, it enjoys a strategic frontage along a busy arterial road, making it well-suited for a passenger vehicle servicing facility,” says Donald Goh, director of capital markets and investment sales at ERA. “The potential buyer could explore developing a 24-hour vehicular service station incorporating electric vehicle charging points, subject to approval from relevant authorities.”
The expression of interest exercise closes at 3pm on April 21.
