Generations @ Tannery
Rare freehold B1 industrial development in central Singapore. Limited units available for owner-occupiers and investors who understand the value of perpetual land tenure with modern, future-ready specifications.
Singapore’s Rarest Asset Class: Freehold B1 Industrial
Most new industrial land in Singapore today is sold on 20–33 year leasehold terms (IGLS). Freehold B1 industrial in a central location has become extraordinarily rare. Generations @ Tannery delivers exactly that — a hard-to-find combination of perpetual land value, modern specifications, and city-fringe accessibility.
Located in the Kallang-Mattar precinct, the development is an 510m / 6-minute walk from Mattar MRT (via Mattar Road), with direct access to PIE and Aljunied Road. The surrounding area is undergoing a live-work-play transformation with new BTO projects, mixed-use developments, and the upcoming Gourmet Xchange food hub.
Providence Estates (Tannery) Pte Ltd [Confirmed] Estates (Tannery) Pte Ltd
A seasoned developer bringing a rare freehold B1 product to market, designed for the next generation of light industrial, tech, media, logistics, and advanced manufacturing businesses.
Key Details
Why Freehold B1 Industrial?
Three structural tailwinds make this a compelling long-term play.
Price Matrix by Level
Estimated pricing based on unit area and PSF tiers. Prices are indicative and may vary by unit location, floor level, and facing.
| Level | Units | Size Range (sqft) | Medium PSF | Price Range | Ceiling Height |
|---|---|---|---|---|---|
| #02 | 3 | 1,658 – 1,762 | $2,075 | $3.4M – $3.7M | 6.125m |
| #03 | 5 | 1,671 – 2,152 | $1,900 | $3.1M – $4.1M | 6.125m |
| #04 | 5 | 1,671 – 2,152 | $1,800 | $3.0M – $3.9M | 6.125m |
| #05 | 5 | 1,671 – 2,152 | $1,700 | $2.8M – $3.7M | 4.375m |
| #06 | 14 | 1,621 – 2,695 | $1,625 | $2.6M – $4.4M | 4.2m |
| #07 | 10 | 1,621 – 2,695 | $1,600 | $2.5M – $4.3M | 4.2m |
| #08 | 10 | 1,621 – 2,695 | $1,575 | $2.5M – $4.2M | 4.2m |
Lowest entry: ~$2.5M for 8th storey units (1,621–1,677 sqft). Prices are estimated and serve as a guide only.
Comparable Transactions
How Generations @ Tannery stacks up against recent freehold B1 launches.
“CT Pemimpin was almost fully sold shortly after launch. CT Gold sold out all 63 production units within 2 days. The market has already spoken — freehold B1 in central locations is being absorbed fast.”
— The Edge Singapore (Dec 2023, May 2024)
| Project | PSF Range | Status |
|---|---|---|
| CT Pemimpin | $1,5xx – $2,2xx | Sold out |
| CT Gold @ MacPherson | $1,5xx – $2,2xx | Sold out in 2 days |
| Generations @ Tannery | $1,575 – $2,075 | Launching |
| Resale Freehold (D13/D14) | $14xx – $17xx | Older specs |
| Resale Leasehold (D20) | $11xx – $14xx | Decaying lease |
Sample Investment Projection
Stamp duties ~$119,600. Legal fees ~$4,000. GST payable but fully claimable upon TOP.
Built for Modern Business
Designed for the operational needs of today’s light industrial, tech, and logistics businesses.
Structural Specs
Design Highlights
Kallang-Mattar Precinct
An evolving live-work-play environment in central Singapore with excellent connectivity.
Why Capital Flows Here
Singapore’s industrial property market is showing consistent structural strength.
Let’s Talk About Generations @ Tannery
Get the full sales kit, floor plans, and pricing for available units. I’ll help you find the right unit for your business or portfolio.
Emmeline’s Assessment
Strongest Feature
Contact Emmeline for a personalised assessment of this development’s strengths relative to your specific situation and budget.
Main Concern
Every new launch has trade-offs. Emmeline provides an honest assessment of the key risks and considerations during a consultation.
Suitable Buyer
Contact Emmeline to discuss whether this development matches your buyer profile, budget and timeline.
Less Suitable Buyer
Not every new launch suits every buyer. Emmeline will advise if this development aligns with your goals or if alternatives may be better.
Own-Stay Outlook
Emmeline provides a detailed own-stay assessment based on location, surrounding amenities, school access and neighbourhood liveability factors.
Investment Considerations
Contact Emmeline for an investment analysis covering rental yield projections, capital appreciation outlook, and exit strategy considerations.
Pricing Analysis — Industrial
Pricing PSF INDICATIVE
S$1,424-S$1,511 psf
Unit Quantum INDICATIVE
From S$2.3M
Nearby Resale
~$1,4xx-$1,7xx psf (D13/D14 freehold)
Financing
No ABSD/SSD. Up to 90% LTV
GST
Payable, fully claimable upon TOP
Important: This is an industrial (B1) development. The 60:40 URA ruling applies — at least 60% of the total strata area must be sold to owner-occupiers, and units cannot be subdivided below 1,500 sqft. Residential financing rules do NOT apply. No ABSD, no SSD. GST is payable but claimable for GST-registered businesses. Industrial property financing differs significantly from residential — contact Emmeline for specific advice.
Pricing Analysis
Price psf [Indicative]
S$1,424-S$1,511 psf
Unit Size [Indicative]
1,658-2,695 sqft
Sample Quantum [Indicative]
~S$2.30M (1,615 sqft)
MRT [Marketed]
Mattar DT25 ~510m
Units [Confirmed]
54 prod + 5 canteen
Industrial property: Min 60% industrial use, ancillary max 40%. Subject to URA/JTC/MC approvals. Not for standalone office/retail/residential. GST applies. Financing and SSD rules differ from residential. [Disclaimer]