-- CBRE, as the exclusive marketing agent, is offering a rare opportunity to acquire a 2-storey terrace factory located at 51 Quality Road, within Singapore’s designated JTC Food Zone.
With an asking price of $4.5 million, the sale will be conducted via private treaty. This property presents an attractive proposition for SMEs seeking to own a strategic site for food manufacturing and distribution.
Situated on a land area of approximately 13,499 square feet, the property comprises a gross floor area of approximately 10,795 square feet, with potential to increase the built-up area to approximately 18,899 square feet. According to the Master Plan 2019, the site is zoned “Business 2” with a permissible plot ratio of 1.4, supporting a wide range of industrial uses.
The building features warehouse ceiling heights of up to 7 metres, a 300 Amp 3-phase power supply, and is designed for operational efficiency. Located within a vibrant food ecosystem, the property is surrounded by reputable food companies and complementary businesses such as cold chain logistics, packaging, and food processing, creating strong synergies for occupiers.
The property enjoys excellent connectivity, with easy access to the city centre, seaport, and other parts of Singapore via Jalan Ahmad Ibrahim, Ayer Rajah Expressway (AYE), and Pan Island Expressway (PIE). It is also approximately a 9-minute walk to the future Enterprise MRT station on the Jurong Region Line, enhancing workforce mobility and logistics efficiency.
With a remaining land tenure of approximately 19 years, this asset offers long-term operational certainty at an attractive price quantum.
Graeme Bolin, Head of Occupier and Leasing, Industrial and Logistics Services, Singapore at CBRE, says: “51 Quality Road represents a compelling opportunity for food manufacturers and distributors to secure a strategic foothold in Singapore’s established food zone. Its proximity to a strong ecosystem of complementary businesses, combined with excellent connectivity and an attractive price point, makes this property an ideal choice for SMEs looking to future-proof their operations.”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.
Release ID: 89173722
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