A TENDER exercise has opened for seven industrial units at Kewalram House in the Bukit Merah Industrial Estate, agent JLL announced on Monday.
The tender will close at 2.30pm on September 25. Bidders may tender for any or all of the units available.
The offering comprises two units of 3,100 square feet and 4,300 square feet on the ground floor that can be used for warehouse or factory space, and five units on the third floor that range from 2,100 to 2,400 square feet. The total floor area of the units is 18,800 square feet.
Six of the units are currently tenanted, with a gross yield of about 5 per cent, JLL national director for investments Yong Choon Fah said.
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