ETC has announced the sale of a modern six-storey standalone light industrial building at 1 Chang Charn Road, located within Singapore’s Leng Kee automotive cluster. The sale, managed by ETC as the sole marketing agent, will be conducted through an Expression of Interest exercise, closing on 6 May 2026 at 3pm.
The property, situated on a prominent corner site with dual frontages along Chang Charn Road and Hoy Fatt Road, boasts a gross floor area of approximately 7,602.82 square metres. It sits on a land parcel of about 2,761.1 square metres, with a remaining tenure of 31 years. The building is zoned for ‘Business 1’ use under the URA Master Plan 2025, offering flexibility for various operational needs.
The indicative guide price for the property is S$49m, equating to roughly S$599 per square foot of the existing gross floor area. Swee Shou Fern, Head of Investment Advisory at ETC, highlighted the rarity of such standalone assets being available for sale within the Leng Kee automotive cluster. She noted, “1 Chang Charn Road presents a compelling opportunity for automotive players, lifestyle showroom operators, and light industrial occupiers seeking strong visibility within a well-established commercial cluster.”
The building’s strategic location offers excellent connectivity to major roads and expressways, and is easily accessible by public transport, with Redhill MRT station just 500 metres away. The area is surrounded by amenities, including retail malls and food centres, enhancing its appeal to potential buyers.
