Knight Frank Singapore has announced the sale of a portfolio comprising seven freehold Business 1 (B1) industrial units at TAG A and a ground-floor shop in Kovan, with a total guide price of S$21m. The properties are available for acquisition by local and foreign investors, corporates, and owner-occupiers.
TAG A, developed by Master Contract Services, is a modern industrial development located in the Tagore Industrial Estate. It features a 5.95m floor-to-floor height and a floor loading capacity of 10 kN/m². The development includes lifestyle amenities such as a 50m infinity pool and an indoor gym. The seven strata units, spanning 22,238 sq ft, are fully leased, providing immediate rental income. The guide price for these units is S$17.8m, translating to approximately S$800 per square foot.
The 850 sq ft shop at 210 Hougang Street 21 is strategically located near Kovan MRT Station and offers potential for future reconfiguration. It is priced at S$3.2m, or S$3,764 per square foot. The shop is currently owner-occupied, with a leaseback option available for buyers.
Tania Ong, Senior Manager at Knight Frank Singapore, highlighted the scarcity of freehold B1 strata industrial units, noting their appeal to investors and owner-occupiers. The Expression of Interest for TAG A closes on 29 October 2026, whilst the Kovan shop’s closes on 19 November 2026.
