The site on Penjuru Road is part of ongoing government work to ensure the steady provision of industrial space in a climate of escalating rents and demand from manufacturing, logistics and technology sectors.
The Penjuru Road Industrial GLS site will form a major component of Singapore’s industrial land market through the Industrial Government Land Sales (IGLS).
Located in a developed eastern industrial estate, the site at Kaki Bukit Avenue 5 is part of the Industrial Government Land Sales (IGLS) project in place to facilitate current industrial development.
Jalan Buroh IGLS, located in the western part of Singapore in D22 in the western part of Singapore in the industrial zone, is comprised of Jurong, Boon Lay and Tuas.
Soon Hock is a specialized developer of industrial properties operating in Singapore, with a successful track record of developing assets valued at over S$1.0 billion. The company’s journey in property development began in the 1980s when it opted to create its own warehousing facilities to meet operational requirements. The initial
Despite the unexpected surge in economic growth during Q3 2025, future growth is anticipated to slow as trade-related sectors return to more typical activity levels following an intense period of preemptive actions in the year’s first half. “The general economic outlook continues to be cautious due to tariff challenges
The announcement of a freehold inter-terrace shophouse hitting the auction block for $4.3 million has sparked significant conversation among Singapore’s real estate circles. Listed as a mortgagee sale, the property represents a “distressed” asset, typically occurring when a lender repossesses a property to recover outstanding debts. In the high-stakes world
The move by Orchard Shopping Centre to explore a collective sale is a significant development that reflects the growing optimism surrounding the revitalization of Singapore’s iconic shopping district. As a long-standing fixture on Orchard Road, the building’s potential transition into new ownership comes at a time when the government’s URA
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