I am looking at M38's property listing, $1,500,000/mth, what do you think about this?

$1,500,000
0/0
M38
[object Object]
$ 1,500,000
Property Type Light Industrial (B1)
Size 1636 sqft
Psf S$ 917
Project M38
Tenure Freehold
Top ----
Address 38 Jalan Pemimpin, D20, 577178
Updated 2247 days ago
Lina
ERA REALTY NETWORK PTE LTD
CEA: L3002382K / R052688Z
Call: 9653 xxxx
Description
Property Info
  • Is Tenanted: not
  • Tenure: Freehold
  • Furnishings: Unfurnished
  • Electric Supply: 3000 kVA(1 Phase)
About This Listing
For sale M38 industrial space

--Low floor ramp up
--Parking lofts right outside the unit
--Approx 1636 sqf include void area
--FREEHOLD
--Bank valuation $1.55M
-- Under company name GST apply

Call Lina 96533422 for viewing


M38 consist of 5 showroom units & 1 ancillary staff canteen on the Ground floor and 66 units of B1 Light industrial factory/ Warehouse/ Ancillary office on 2nd to 8th storey, Recreation Facilities on the 9th storey. The development houses 72 units of various configurations to meet an assortment of businesses and spatial demands.
Address: 38 Jalan Pemimpin
Only 2 minutes walking to Mary Mount MRT- Convenient !
Located at the heart of Bishan -potential capital appreciation.
Freehold. No more worries about the lease expiry !
72 Units- TOP 2017
8 Storey-Basement- Roof Top. Garden at Level 5
Amenities
Indoor
  • Air conditioner