What a six-year rent run does and does not say about yield, holding costs and exit.
Unit size is the first filter for most industrial buyers, long before they look at anything else. At KeyStone @ Mandai the range is about 1,647 to 2,045 sq ft. Here are the questions we hear most often about who that suits.
Small and mid-sized operators who want their own freehold space rather than a rented bay. Think light manufacturing, trade distribution, food-related preparation, equipment servicing or a regional storage base. The building has 69 units in all: 68 factory units and one canteen. Its project details page sets out the full specifications.
Both can make a case, but they are asking different questions. An owner-occupier cares about floor layout, power, loading access and daily logistics. An investor cares about whether the unit would appeal to a future tenant or buyer. A unit that functions well for a business is generally the easier one to let out, though no outcome is guaranteed.
Tenure shapes planning. A freehold title has no lease clock running down, so a business can think in terms of long-term ownership rather than a fixed horizon. That is a personal call, and some operators prefer lower-commitment arrangements. The developer is Bayswood Pte Ltd, and the project sits at Mandai Estate in the north of the island.
One of the 69 units is an industrial canteen, which is useful for the workforce of the other tenants and owners in the building. A building that feeds its own staff can be a practical draw for operators with large teams, though how the canteen is run is a matter for the building's management. Ask what is planned when you enquire.
Ramp-up buildings let vehicles reach each floor directly, so a unit's usefulness depends on how your goods move. A business that handles heavy pallets daily will weigh this very differently from a firm that mostly ships small parcels. Walk through a normal working day on paper: receiving, storing, processing, dispatching. Then check whether the floor plan supports it comfortably. Road links around Mandai Estate affect delivery times as much as the unit itself, so factor your usual routes into the decision.
Not necessarily. A larger unit costs more to buy, finance and maintain, and unused space is an expense. Many first-time industrial buyers find it wiser to size for the next few years of operations and not for the most optimistic scenario. If your needs change, strata units can be sold or let, subject to the usual conditions and market demand at that time.
Decide your required floor area and your operating needs first, then compare them against the unit range. When you are ready, talk to the sales team about suitable units, or return to the KeyStone @ Mandai homepage for an overview.
General information only, not financial or legal advice.