by Editorial Staff | April 4th, 2023 11:11 AM SGT Last updated April 27th, 2023 10:10 AM SGT
SINGAPORE (SG.HOUSE) - A freehold B1 light industrial with office property known as Apex @ Henderson, located at 201 Henderson Road, Singapore 159545, is currently available for sale at a price of $15.99 million for a total strata lot area of 15607.8 sq ft. The marketing agent, Huttons Asia, is offering the property for sale through an exclusive private treaty currently.
The unit is priced at $1,025 per square foot (psf), and the last transacted price for a unit on the same floor was $1,000 psf in October 2022. The highest transacted price on the penthouse floor was $1,100 psf in 2016, and a ground floor unit sold for $1,555 psf in April 2021.
Apex @ Henderson is a unique property completed in 2015, with a total 115 strata lots, consisting of 16 showrooms, 1 food court, 77 standard units, and 21 sky terrace units (penthouse level) with advanced facilities like a 25-meter pool, gym, half-basketball, futsal court, sauna room, and pavilion area with BBQ pits. The building is a freehold B1 light industrial with office property occupying a land area of 83,453.29 sq ft (7,753 sqm) and a Gross Floor Area of 208,552.5 sq ft (19,375 sqm) with a highest floor at 09.
"Given the elevated office rental rates in the CBD and the costly amenities within, this freehold B1 property located on Henderson Road presents a superior option, which boast a spacious floor plate and an enviable location within close proximity to the financial district, this property is an exceptional choice for businesses operating in E-commerce, Information Technology, Software Development, Logistics, Ancillary Office, Research & Development, and Digital Media Warehousing, which falls under the URA B1 light industrial use category. Its central location, robust technological infrastructure, and expansive interior make it a prime investment for enterprises seeking to expand their operations in close proximity to the city." says Sheng Lee, Associate Marketing Director at Huttons Asia.