Airbus moving out from Sinkiepoor, puts Seletar Office Park for Sale! More High SES Condos Shiok Shiok!

[Pinkieslut]

Airbus puts Seletar Aerospace Park facility up for sale at S$20 million upon Kelley Aerospace’s exit​

CBRE, which is marketing the property, says it is suitable for an aviation business and can be used to maintain, repair and operate aircraft

Jessie Lim​

Published Mon, Jan 20, 2025 · 06:40 PM
Singapore industrial property
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AIRBUS has put an industrial building in Seletar Aerospace Park on the market this month for S$20 million. This comes after tenant Kelley Aerospace vacated the building following a legal dispute over unpaid rent.

Located at 110 Seletar Aerospace View, the three-storey property sits on a 189,338-square-foot (sq ft) plot of land and has direct runway access. It also houses a hangar, simulator halls, ancillary office and 75 car park lots.

The plot has a tenure of 30 years that began on Dec 1, 2009, with a further term of 10 years granted. The purchaser has the option to renew the lease for 20 years when the lease expires on Nov 30, 2049.

 

[syed putra]

Can turn into indoor water park.

 

[glockman]

Perfect site for a massive bar and spa. Let's call it Aviation Bar and Spa. Shall we start a gofundme to raise the S$20m? Free lifetime membership for those who donate S$100,000 and above.

 

[syed putra]

Perfect site for a massive bar and spa. Let's call it Aviation Bar and Spa. Shall we start a gofundme to raise the S$20m? Free lifetime membership for those who donate S$100,000 and above.

Free parking the best lure.

 

[glockman]

Free parking the best lure.

but only 75 lots. Maybe first hr free parking?

 

[iluvgst]

https://www.straitstimes.com/singapore/kelley-aerospace-to-invest-150m-in-projects-train-250-locals

Kelley Aerospace went from hero to zero in 5 years.