Rich Capital has investments in the following property projects:
This freehold corner site with a double frontage is situated in the established Tai Seng B2 industrial precinct and surrounded by major commercial developments and corporate headquarters. The redevelopment is within walking distance of the existing industrial ecosystem in the vicinity, comprising Tai Seng MRT station, F&B outlets, banks and other amenities. The mature ecosystem of this industrial cluster provides the locational attributes for robust demand hence undergirding the investment return.
The redevelopment will be a 7-storey freehold industrial building with a modern façade at 6 Kim Chuan Terrace. The project will feature a ground floor lobby with a 7-metre high ceiling, along with a 6.65-metre high ceiling for the typical production floors. The compound can accommodate a car park for up to eight passenger cars and one lorry. Rich Capital has 100% ownership of the development.
| Site area | 827 sqm |
| Gross floor area | 2,068 sqm |
| No. of storeys | 7 |
| Tenure | Freehold |
| Use type | B2 Industrial |
| Completion date | 2Q 2020 |
| Unique selling points | Corner site with double frontage, short walking distance to Tai Seng MRT station |