Chiu Teng Group, renowned for its successful developments of quality commercial and industrial spaces in Singapore, is set to impress property investors and business owners with its latest launch – CT Pemimpin. This new freehold development in the Central Region is a rare find in the land-scarce city-state.
Located at 43 Jalan Pemimpin, CT Pemimpin is a nine-storey partial ramp-up B1 industrial building comprising 56 strata-titled units and three canteen units. The building offers a range of floor heights, from 5.6m to 7.35m, and selected units on levels one and five also come with mezzanine floors.
Standing out with its freehold status, CT Pemimpin is a gem in today’s market where most industrial developments are on a 30-year or 60-year lease. This makes it an attractive alternative for both investors and foreigners who are eligible to buy, as they are not subject to additional buyer’s stamp duty (ABSD) by the government.
According to Kelvin Fong, Deputy CEO of PropNex Realty, “Being a freehold development in this centralised location, it will be a good investment asset for both investors and end-users.”
CT Pemimpin also offers a generous one-to-one carpark ratio, with 59 carpark lots including two electrical vehicle lots, three lorry lots for rigid-frame vehicles under 7.5m in length, two handicapped lots, and 34 bicycle lots. The development is well-equipped with two passenger lifts and a service lift, and each unit comes with its own private toilet for convenience.
“One of the standout perks of CT Pemimpin is the allocated carpark lot for each of the 59 units, offering convenience for business owners. This ensures seamless accessibility and time-saving,” says Ken Low, SRI managing partner.
The partial ramp-up design of CT Pemimpin also enhances accessibility for day-to-day operations, making it easier to load and unload goods. This contributes to overall logistics efficiency, making it an ideal choice for businesses looking for convenience, functionality, ease of access, and a superior central location, adds Low.
Situated in District 20, CT Pemimpin is highly sought after by buyers and tenants due to its close proximity to established townships such as Bishan, Upper Thomson, and Ang Mo Kio. Its strategic location offers excellent accessibility and connectivity to all parts of Singapore through various transport modes. The industrial estate is also well-served by three MRT lines, making it convenient for those who commute to work by public transport.
“Owning a freehold property in Singapore’s central region isn’t just a smart investment – it’s 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,” says Doris Ong, Deputy CEO of ERA.
Located just a five-minute walk from Marymount MRT station (Circle MRT Line), CT Pemimpin is also easily accessible via Upper Thomson MRT station (Thomson-East Coast Line) and Bishan MRT station (North-South MRT Line), both just a five-minute drive away. It is also a short drive from Novena and Orchard Road, with convenient access to major expressways such as PIE and CTE. Furthermore, its connectivity will be enhanced with the upcoming North-South Corridor, which aims to reduce travel time from the north into the city, scheduled for completion in phases from 2027.
The development is surrounded by a range of retail and dining options at popular suburban shopping hubs such as Junction 8, Thomson Plaza, Velocity@Novena Square, AMK Hub, NEX, Woodleigh Mall, Toa Payoh HDB Hub, all just a few minutes’ drive away. Additionally, various reputable schools, including Raffles Institution, Catholic High School, and Eunoia Junior College, are within close proximity.
CT Pemimpin also boasts an array of green features for a more sustainable future. The building will be equipped with convenient ‘end-of-trip’ facilities such as shower rooms, bicycle racks, and storage lockers. Other sustainable features include a sky garden with two rooftop pavilions for outdoor gatherings, rooftop solar panels, and EV charging stations. Units will also be fitted with water-saving fittings, motion-sensor lighting, and double-glazed windows (for selected units). These features, together with a recycling corner, will contribute to a greener and more eco-friendly environment.
“With water-saving fittings, double glazed windows for certain units, and many other green features for sustainability, CT Pemimpin aims to shape a greener and more committed future. It has superb specifications to suit many end-users in industries ranging from e-commerce, media houses, telecommunications, software development, and others,” says Mark Yip, CEO of Huttons Asia.
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Established in 1999, Chiu Teng Group has built a reliable reputation in developing and constructing quality commercial and industrial spaces in Singapore. The company’s portfolio includes well-received industrial and residential projects such as CT FoodNEX, CT Foodchain, The Creek@Bukit, Tagore8, and CT Hub & Hub 2.
The preview for CT Pemimpin will end on March 5, 2025. To secure a rare freehold industrial space, call 8100 8017 or visit Chiu Teng Group to schedule a viewing.