Latest Market News

Tagore Lane building up for sale

Tuesday 19 January 2010

A freehold ramp-up light industrial building will be coming up at 9 Tagore Lane and its developer is putting it up for sale.


The four-storey 9@Tagore will comprise 124 units ranging from 1,800 sq ft to 4,800 sq ft. Prices for the units start from $410 per sq ft, and the building is expected to receive temporary occupation permit at end-2011. 3M Building, which currently occupies the site, will make way for the new property developed by Chiu Teng @ Tagore Pte Ltd. Colliers International is marketing 9@Tagore. According to its industrial director Tan Boon Leong, the building is the only freehold ramp-up industrial development in Singapore that is available for strata sale.


9@Tagore would attract companies looking for new space given that most of the existing industrial developments in the vicinity are five to 20 years old, he said.

Source: The Business Times