The former Khong Guang Industrial Bldg was place on tender last September 7, 2016 and the award was given to Lian Beng Group Ltd. This property with a site area of 21,123 sqft was purchased at $31 million which boils down to S$544 net worth per sq ft per plot ratio (psf ppr). Base on the 2014 Master Plan of Urban Redevelopment Authority, Mactaggart Foodlink holds a 2.5 plot ratio and is served to be a “Business 1” development.
Mactaggart Foodlink is ready to welcome future unit owners with its high end facilities and structure. It stands with 5 levels with a total of 28 spacious and high ceiling units for industrial and commercial use.
Upon stepping into its premise, certain communal facilities have been made available for every to use among which is the modern Central Kitchen, versatile Cold Room, basement parking, Food Processing area as well as a Food Catering Space for optimum productivity.
From where it stands, a lot of interests have been manifested from residential use, commercial and community facilities. Being at the edge of the city, and as part of the Geylang Planning Area, Mactaggart Foodlink will summit its revenues to its highest peak.
More and more projects are in the work to make its estate more progressive that ever before. This will not only draw local interest but also globally since Geylang draws a whopping $2.2 billion budget for its growth and enhancement.
Mactaggart Food Link at 20 Mactaggart Road
Mactaggart Foodlink is going to stir the interests of small time and big time entrepreneurs right at 20 Mactaggart Road, Singapore. A rising development in a Business 1 zone found in the prime city fringe of District 13.
It was once popularly known as the Khong Guang Industrial Bldg but eventually was remolded into a much better commercial establishment by Lian Beng Group Ltd. One great advantage of commercial unit seekers is its accessibility towards the Tai Seng MRT station. The railway stop is simply a 3 minutes walk away from its premise allowing anyone to commute with ease and at a lesser travel duration.
Though the aforementioned MRT station serves the Circle Line, other alternatives for the residents to take advantage to is the Macpherson MRT at one end and the Bartley MRT station found at its opposing side. Both railway interchanges are just a short distance away from the new Mactaggart Foodlink.
Having to commute within its neighbouring amenities any time or for whatever purpose, can have residents within the area take the closest bus station which is also 3 minutes by foot.
The Macpherson district, being at the Rest of the Central Region (RCR), has a lot to offer when it comes to convenience, trendy lifestyle, community facilities and the likes. Several places are available for one’s contentment and even luxuries be it for shopping, dining, leisure and education.
Mactaggart Foodlink is complete surrounded with industrial offices along with local food shops. But the most prominent amenities to anticipate, that even foreigners patronize, includes the Upper Serangoon Shopping Centre as well as the Kensington Square.
About Lian Beng Group
A little bit information about its developer is that, the Group has pretty much establish its name in the realty game. Its previous works cover projects from industrial and commercial sites, along with residential estates and even civil engineering works.
Lian Beng Group Ltd has been in the industry since 1973 and through its series of solid performance and quality output, it’s no wonder it got its reputation listed in Singapore Exchange Main Board of Contractors in 1999.
The Group holds two highest status when it comes to transacting property developments. Through Building and Construction Authority (BCA), it earns A1 grade with unlimited cost for new developments and an A2 grade under civil engineering works which holds up to $85 million budget proposal.
Contributed by Sharon from Property Launch.