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Single-storey factory at 151 Gul Circle up for sale at $18 mil

Jovi Ho
Jovi Ho • 2 min read
Single-storey factory at 151 Gul Circle up for sale at $18 mil
With a gross floor area of some 105,041 sq ft, the site is suitable for construction-led and engineering-related businesses requiring significant open yard areas, production space or material storage, says CBRE. Photo: CBRE
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A single-storey factory at 151 Gul Circle, situated within the Gul industrial precinct in Singapore’s western region, is being offered for sale for $18 million via private treaty.

That is the address of Saurer Components, which focuses on textile machinery.

Positioned on a substantial land area of approximately 297,507 sq ft, the site features a gross floor area (GFA) of approximately 105,041 sq ft.

Under the Master Plan 2019, the site is zoned “Business 2” with a permissible plot ratio of 1.4, allowing for a potential built-up area of approximately 416,510 sq ft. This reflects more than 300,000 sq ft of untapped plot ratio, says exclusive marketing agent CBRE, providing “significant upside” for redevelopment or intensification, subject to approval.

The property represents a rare high-scale industrial land opportunity suitable for occupiers seeking operational flexibility, abundant yard space and future redevelopment potential, adds CBRE.

The site has a remaining land tenure of about seven years, as a 60-year leasehold from March 16, 1973, with the possibility to extend, says CBRE.

See also: Final freehold office floor at 108 Robinson Road for sale at $16.2 mil

The existing facility comprises a single-storey factory with mezzanine, with a ceiling height of up to 8.1m at the main production area and 4.5m at the mezzanine level. The site is powered by a 22 kilovolt (kV) substation supported by three 1.5 megavolt-ampere (MVA) transformers. It also houses dangerous goods (DG) storage facilities.

Its scale and land configuration make it particularly suitable for construction-led and engineering-related businesses requiring significant open yard areas, production space or material storage, says CBRE.

“The layout also accommodates operational bases, workshop setups, storage yards and other ancillary functions commonly required by these industries. Other onsite amenities, including a canteen, surface parking, and a guard house, further enhance the property’s operational convenience,” adds CBRE.

See also: GIC could sell Tokyo property for several hundred billion yen — Bloomberg

Strategically positioned, 151 Gul Circle enjoys excellent connectivity with quick access to the Ayer Rajah Expressway (AYE) and convenient links to major logistics and manufacturing nodes across the western region. The property is also well-served by public transport, located just a four‑minute drive from Joo Koon MRT Station and Gul Circle MRT Station.

Graeme Bolin, head of occupier and leasing, industrial and logistics services, Singapore at CBRE, says: “151 Gul Circle presents a rare opportunity for buyers seeking a large industrial site in Singapore. With its substantial land area, untapped plot ratio, and strategic location within Singapore’s western manufacturing corridor, the property is well-positioned to meet the evolving needs of modern industrial users.”

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