Specialty chemicals manufacturing facility on Jurong Island up for sale by private treaty
Its existing infrastructure, decontaminated condition and substantial unused development capacity could attract advanced manufacturers seeking faster market entry and future expansion on Jurong Island.
A decommissioned specialty chemicals facility at 33 Ayer Merbau Road is offered by private treaty, with 25,730 sq ft GFA on 278,000 sq ft of land.
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A speciality chemicals manufacturing facility on Jurong Island is up for sale by private treaty.
Located at 33 Ayer Merbau Road, the industrial asset comprises an open-structure process plant; a single-storey technical building with a laboratory and control room; and a two-storey office building with offices, meeting rooms and staff facilities.
No guide price has been disclosed for the asset, with marketing agent CBRE stating that the seller is “open to considering any reasonable offers that may be put forward”.
The facility occupies 278,000 sq ft of land zoned for Business 2 use. It currently has a total gross floor area (GFA) of about 25,730 sq ft, which is materially below the site’s maximum allowable GFA of 278,000 sq ft, based on its permissible plot ratio of 1.0. This provides “substantial future expansion potential”, CBRE said in an Oct 19 release.
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Located on the Jurong Island energy and petrochemical hub, the facility was originally configured for alkoxylation and surfactant production. It has since been fully decommissioned and decontaminated.
The asset can be repurposed for a broad range of chemical, specialty materials and advanced manufacturing applications.
“The property's existing process infrastructure, utility connections and significant expansion potential offer purchasers a faster route to market compared to developing a new facility from the ground up,” said Graeme Bolin, CBRE’s head of occupier and leasing for industrial and logistics services.
He added that the facility’s fully decommissioned and decontaminated status will allow purchasers to expedite future production plans.