10/03/2025
CT Permimpin Fully Sold on Day 2 of Launch at an Average Price of $2.6m ($1600psf)
CT Permimpin, a freehold light industrial complex, achieved a remarkable milestone by being fully sold within just two days of its launch. With an average transaction price of $2.6 million per unit, the strong demand reflects the growing appeal of Singaporeโs commercial and industrial property market.
Why Singaporeโs Commercial and Industrial Properties Are in High Demand
1. Limited Freehold Supply & Strong Capital Appreciation
The scarcity of freehold commercial and industrial properties in Singapore makes them highly desirable for investors seeking long-term capital appreciation. With most new industrial projects being leasehold, freehold properties offer a unique value proposition, attracting both business owners and investors looking for long-term asset security.
2. Resilient Market with Strong Rental Yields
Singaporeโs stable economy and pro-business environment contribute to a steady demand for industrial spaces. Businesses from high-growth sectors, such as technology, logistics, and advanced manufacturing, continue to expand, driving rental demand. As a result, investors benefit from stable rental income and attractive yields compared to residential properties.
3. Strategic Location & Connectivity
Singaporeโs well-developed infrastructure and connectivity enhance the attractiveness of industrial properties. With proximity to key transport hubs, expressways, and business districts, industrial developments offer logistical advantages, making them ideal for businesses requiring efficient distribution networks and operational flexibility.
The rapid sell-out of CT Permimpin is a testament to the strong investor confidence in Singaporeโs industrial property sector, reinforcing its status as a prime investment destination.
