One KA
1 Kampung Ampat Singapore
Introducing OneKA@Macpherson, an innovative 8-story B1 ramp-up industrial development comprising 97 state-of-the-art factory units and a conveniently positioned ancillary industrial canteen. Nestled at the vibrant hub of Macpherson Road, right at a well-frequented light junction, this strategically located building offers unparalleled visibility. The prominent canteen, strategically positioned at the front of the structure, is designed to captivate a wide audience, benefiting from high footfall from OneKA@Macpherson’s occupants and drawing in residents and the lunch crowd from nearby Tai Seng industrial buildings.
Project Summary
- Actual Yield: 30% – 45%
- Tenure of Land: 41 years wef 2021
- Development Gross Floor Area: 18,366 sq m/197,689 sq ft
- Development Value: $138 Million
- Land Ownership: Private
- Construction Period: 2 years, TOP2 Quarter 2024
- Investment Composition: 20% Equity to 80% Debt
- Return of Equity: Projected 1.8 times vs Actual 3.8 times
- Investment Tenure: 2.5 Years
Project Achievements
- Strong project design, planning and detailing making the units friendly and attractive in looks
- Good and sharp pricing strategy giving buyers good potential returns, both end users and investors
- Good control of construction cost without overrun
- Longer land tenure of extra 10 years as compared to Government land tender
- Supported by strong team of salespersons and sold off all units within three months
- Government intervention is much lesser as compared to Residential market as foreseeability in investment is more ascertained