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SINGAPORE PROPERTY

Far East Organization puts Tuas asset with big redevelopment potential on the market

The indicative guide price of about S$138 million reflects S$120 psf ppr on maximum 1.14 million sq ft gross floor area

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Kalpana Rashiwala

Kalpana Rashiwala

Published Mon, May 5, 2025 · 03:36 PM
    • Two low-rise warehouse blocks are on the 456,810 sq ft site, which has 31 years' balance lease. The site may be redeveloped potentially into 3.5 times the existing gross floor area.
    • Two low-rise warehouse blocks are on the 456,810 sq ft site, which has 31 years' balance lease. The site may be redeveloped potentially into 3.5 times the existing gross floor area. PHOTO: COLLIERS

    [SINGAPORE] Far East Organization has put on the market a sizeable industrial property in Tuas with substantial redevelopment potential.

    Located at 51 Tuas View Link, the property has a site area of 456,810 square feet (sq ft) and 60 year-leasehold tenure from July 1996, leaving a balance term of about 31 years. On the site are two blocks of single-storey warehouses with mezzanine levels.

    The indicative guide price is about S$138 million.

    Commercial & IndustrialSingapore propertyIndustrial propertyFar East Organization

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