MacPherson Industrial Complex En Bloc Sale 2025 – Freehold D13
MacPherson Industrial Complex has officially been launched for collective sale, positioning itself as one of the most promising industrial redevelopment opportunities in Singapore’s city-fringe market.
Situated in the heart of MacPherson, the freehold site stands out for its excellent connectivity, mature industrial surroundings, and transformation potential.
With rising interest in centrally located industrial assets that support modern logistics, production, and multi-user applications, this collective sale comes at an opportune time when the demand for rejuvenated business space is escalating across Singapore.
MacPherson Industrial Complex Site Profile and Property Sale Details
The MacPherson Industrial Complex features a mix of strata-titled industrial units situated on a substantial freehold land plot of approximately 49,410 sq ft.
This property benefits from strategic zoning and a central location.
With an asking price of S$88.8 million, the industrial property reflects a land rate of S$710 per square foot per plot ratio (psf ppr).
Currently, the site is zoned under Business 1 with a gross plot ratio of 2.5 as outlined in the URA Master Plan 2019.
The property includes an eight-storey building with a significant 98-metre frontage, providing excellent layout efficiency for industrial applications.
Its current industrial configuration supports a diverse range of uses, and the site is well-positioned for conversion into a high-efficiency industrial hub offering modern factory or warehousing solutions.
The freehold tenure, significant land area, and substantial gross floor potential make this complex an ideal opportunity for developers seeking to future-proof their industrial portfolio.
Flexible Redevelopment Potential for Industrial Use
With industrial land supply tightening and demand for future-ready business space growing, MacPherson Industrial Complex presents significant redevelopment upside.
The site’s regular land shape, ample frontage, and depth offer excellent layout efficiency, making it attractive for redevelopment into:
Its strategic location within an established industrial precinct allows for smooth integration with nearby supply chains and complements ongoing industrial transformation in Paya Lebar and Tai Seng.
This enhances the site’s appeal to both logistics operators and manufacturers looking for centralised operations.
Excellent Accessibility and Transport Connectivity
Strategically positioned at the crossroads of MacPherson and Aljunied, the industrial complex boasts exceptional connectivity by both road and rail.
It is within walking distance of MacPherson MRT Station, which serves both the Circle Line and Downtown Line, providing direct links to Paya Lebar, Bencoolen, and Bayfront.
The site is also well-connected via major expressways such as the PIE, KPE, and CTE, making it highly accessible for last-mile logistics and staff commuting.
This strong transportation infrastructure supports high operational efficiency for future industrial users.
Beyond infrastructure, MacPherson Industrial Complex enjoys proximity to a range of lifestyle and workforce amenities.
It is surrounded by food centres, retail options like Grantral Mall and Paya Lebar Quarter, and residential enclaves that support easy access to labour.
The area also offers co-located light commercial support services, making it convenient for companies seeking a complete ecosystem of services within reach.
This enhances the live-work-play appeal of the location for industrial occupiers.
Industrial Market Trends and Investment Interest
No Additional Buyer’s Stamp Duty (ABSD) is payable for the freehold property, and it is open to foreign ownership—making it an appealing opportunity for a wider range of investors.
Swee Shou Fern, head of investment advisory at Edmund Tie, shared that demand is expected to be strong, citing a tightening supply of quality freehold industrial assets and robust interest in well-located city-fringe sites.
She pointed to recent deals such as the sale of Ching Shine Industrial Building at S$113.2 million, or S$824 psf ppr, as clear indicators of the market’s appetite.
Other benchmark transactions include the Noel Building at 50 Playfair Road, which was acquired for S$81.18 million, further highlighting investor enthusiasm for freehold-tenure industrial land.
As the industrial collective sale market gains momentum, developers and real estate funds are actively pursuing assets that offer redevelopment flexibility, stable rental yields, and strategic central locations.
Analysts anticipate continued strength in this sector through 2025, especially as Singapore’s logistics and production ecosystem evolves to meet growing demand for scalable and connected industrial hubs.
The collective sale tender for MacPherson Industrial Complex will be close on May 23 at 3pm, and is expected to attract a broad mix of developers, REITs, and industrial operators looking to leverage the site’s potential.
If sold successfully, redevelopment of the site could kickstart within a year, contributing to Singapore’s broader industrial rejuvenation strategy while meeting rising demand for premium, centrally located industrial space.