# Goodland Group puts Kim Chuan Lane industrial building up for sale at $73 mil

- **Source:** EdgeProp Singapore
- **Published:** 2026-08-17T10:46:12.000Z
- **Author:** Atiqah Mokhtar
- **Original:** https://www.edgeprop.sg/property-news/goodland-group-puts-kim-chuan-lane-industrial-building-sale-73-mil
- **Topics:** Commercial & Industrial, Transactions & Deals

## Featured rationale

Planning approvals for food factory and workers’ dormitory uses may broaden buyer interest and support asset-enhancement strategies amid worker accommodation demand exceeding supply.

## AI summary

Goodland Group is selling its eight-storey freehold industrial building at 3 Kim Chuan Lane by private treaty for $73 million.

## Original article

Listed Singapore property developer Goodland Group has put an eight-storey industrial building at 3 Kim Chuan Lane up for sale by private treaty.

A property listing online indicates a $73 million price tag for the freehold property, located in the Tai Seng-Kim Chuan industrial precinct.

The property occupies a Business 2 site measuring approximately 16,685 sq ft. It comprises 15 strata-titled factory units and two levels of basement car parking, with an existing gross floor area of about 41,710 sq ft and a total strata area of approximately 54,939 sq ft.

Read also: Freehold industrial building at Pasir Panjang Road for sale at $96 mil

Known as Goodland Group Building, the property currently houses the group’s corporate headquarters. In an August bourse filing, the group said it intends to move its headquarters to a commercial building it owns at 1377 Serangoon Road, which recently obtained its Certificate of Statutory Completion. Goodland Group will occupy a portion of the new building, with the remaining space to be leased out.

Cushman & Wakefield and Knight Frank have been appointed as joint marketing agents for 3 Kim Chuan Lane.

In an August press release, the marketing agents say planning approval has been obtained for addition and alteration works at the property for food factory use.

Separately, outline planning permission has also been secured for the property’s proposed usage as a workers’ dormitory, potentially paving the way for a 10-year temporary conversion or a permanent conversion.

The planning approvals provide buyers with greater certainty for pursuing asset enhancement and exit strategies, said Shaun Poh, executive director for capital markets at Cushman & Wakefield.

Melvin Chay, senior director for capital markets at Knight Frank, noted that worker accommodation demand continues to outpace supply. “3 Kim Chuan Lane is well-positioned to capture this structural demand, having already secured planning approval for conversion to workers' dormitory use,” he added.

Read also: Joo Seng Road industrial property up for sale at $34 mil

Check out the latest listings for Tai Seng properties

## Chinese translation

> Translation model: grok_cli

### Goodland集团以新币7300万元挂售金泉巷工业大厦

这栋位于大成-金泉工业区的八层永久地契大厦，共有15个分层工厂单位。

上市的新加坡房地产发展商Goodland集团，已通过私人协议方式挂售位于金泉巷3号的一栋八层工业大厦。

网上房产挂牌显示，这座位于大成-金泉工业区的永久地契物业，标价为新币7300万元。

该物业坐落于约16,685平方英尺的Business 2地段，包含15个分层工厂单位及两层地库停车场，现有总楼面面积约41,710平方英尺，分层总面积约54,939平方英尺。

另读：巴西班让路永久地契工业大厦以新币9600万元挂售

该物业名为Goodland集团大厦，目前作为集团企业总部。集团在8月的交易所公告中表示，拟将总部迁往其位于实龙岗路1377号、近期已取得法定竣工证书的商业大厦。Goodland集团将占用新大楼部分空间，其余空间用于出租。

高纬环球（Cushman & Wakefield）与莱坊（Knight Frank）获委任为金泉巷3号的联合营销代理。

营销代理在8月的新闻稿中表示，该物业已取得加建与改建工程规划批准，可用于食品工厂用途。

另外，该物业拟作外劳宿舍用途亦已取得大纲规划许可，有望为长达10年的临时改建或永久改建铺路。

高纬环球资本市场执行董事Shaun Poh表示，相关规划批准可为买家推进资产提升与退出策略提供更大确定性。

莱坊资本市场高级董事Melvin Chay指出，外劳住宿需求持续超过供应。“金泉巷3号已取得改建为外劳宿舍用途的规划批准，具备把握这一结构性需求的良好条件，”他补充道。

另读：裕成路工业物业以新币3400万元挂售

查看大成物业最新挂牌