Commercial Property
Published
EdgeProp reported on 28 September 2026 that a seven-storey freehold multi-use industrial building at 153 Kampong Ampat, in the Tai Seng-MacPherson area, has been launched for collective sale by public tender. According to EdgeProp, the guide price is $105 million and the tender closes at 10 am on 23 October 2026. Read as an investor would read it, the report is a short list of land, floor-area and timing figures, and each one is set out below.
The land area is 43,354 sq ft, zoned Business 1 at a plot ratio of 2.5, while the existing gross floor area is about 114,969 sq ft, an existing plot ratio of about 2.65. EdgeProp reported that the marketing release works the $105 million guide price out to about $913 psf per plot ratio. The site is a corner plot bounded by Kampong Ampat and Upper Aljunied Link, with extensive road frontage.
EdgeProp reported that the authorities have indicated support for workers' dormitory use at the site, subject to approval of a detailed proposal and compliance with planning and regulatory requirements. The marketing agent told EdgeProp that the strong performance of industrial launches and transactions in 2026 reflects sustained demand for well-located freehold assets, particularly in established city-fringe precincts, and that the site should draw a diverse pool of purchasers.
EdgeProp lined up four freehold reference points from 2026. In July 2026, according to EdgeProp, all 54 production units and five canteen units at the freehold strata project Generations @ Tannery were taken up on public launch day. Also in July 2026, EdgeProp reported, the Tan Boon Liat Building at Outram Road was sold en bloc to Kingsford Group for $950 million. In June 2026, EdgeProp reported, a freehold eight-storey industrial building on New Industrial Road sold for $71 million, and in May 2026 Hwa Yew Industrial Building at 17 Mandai Estate, a freehold, strata-titled six-storey building, sold for $72 million, according to EdgeProp.
The deals differ in size, storeys and title structure, spanning a strata launch, an en bloc sale and building sales, so they work as reference points rather than a like-for-like scale. The points the report places side by side are tenure, zoning, floor area and the 23 October 2026 closing date.
Cecil Place is a freehold, 15-storey commercial development at 137 Cecil Street, Singapore 069537, in District 1 within the CBD Growth Corridor, with Telok Ayer MRT four minutes on foot and Tanjong Pagar MRT six. Its 30 strata units of approximately 1,750 to 3,900 sq ft sit two to a floor across about 10,304 sqm of office, retail and F&B space, topped by a roof terrace. Cecil Pte. Ltd. is the developer, DP Architects the architect, and the project targets BCA Green Mark Platinum or GoldPLUS. The location page maps the connections.
Questions on availability, floor plans or the price list go to the Sales Concierge through the contact page. Showflat viewings are arranged by appointment through the Sales Concierge.
Source: EdgeProp, 28 September 2026.
General information only, not financial or legal advice.
Source: EdgeProp. This article is independent commentary; CECIL PLACE is not affiliated with the parties mentioned.