The rising demand for high-quality strata factories, especially those in proximity to MRT stations, underscores the Noel Building’s investment potential.
Recent trends, like the appreciation of properties such as AZ@Paya Lebar, further validate this perspective.
Additionally, previous notable transactions in the “Business 1 – White” zoned sector, such as the Citimac sale, reiterate the lucrative potential of such properties.
The collective sale of the Noel Building presents a monumental opportunity for savvy investors and visionaries in the real estate domain.
With its prime location, rare zoning, and immense redevelopment potential, it’s set to be a highlight of Singapore’s property market in 2023.
Proprietors are eagerly awaiting the tender closure on November 22, anticipating competitive bids and a bright future for this Tai Seng treasure.