SuperBowl Jurong put up for sale at indicative price of $20m

SuperBowl Jurong is up for sale with an indicative price of $20 million.

Colliers International in a release on Monday (Sept 14) invited interested parties to submit their offer for the entertainment complex at 1 and 3 Yuan Ching Road.

The deadline is 3pm on Oct 15.

The property comprises a part-two/part-three-storey block and a pair of two-storey blocks with a total net floor area of about 111,000 sq ft.

It sits on a 234,152 sq ft site, which has a JTC lease of 30 years with effect from Jan 1, 2002.

Under the 2014 Master Plan, the site is zoned for commercial and residential use.

SuperBowl Jurong currently enjoys a high occupancy rate of 99.6 per cent, with a strong tenant profile including Sheng Shiong supermarket, McDonald’s, Subway and SuperBowl, said Colliers.

Said Mr Tan Boon Leong, its executive director of industrial services: “SuperBowl Jurong has always been a landmark in the Yuan Ching area, where it enjoys a large catchment consumer base of Yuan Ching and Jurong residents.”

He added: “The Jurong Lake District has undergone a metamorphosis to become a vibrant commercial hub in recent years. The bustle will continue and spread when the Singapore-Kuala-Lumpur high-speed rail terminus, the edutainment clusters, as well as park connectors and pedestrian linkages to surrounding areas such as Taman Jurong and Yuan Ching, are completed in another few years.”

http://www.straitstimes.com/business/property/superbowl-jurong-put-up-for-sale-at-indicative-price-of-20m

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