Gothic ‘fortress’ in Singapore? A look inside a $ 28 million industrial building for sale, Money News



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Boring, cold and boxy: Industrial buildings in Singapore are boring. Or are?

Located within the Bukit Merah industrial estates is a hidden gem called The Mill.

Its black steel facade will catch your eye. Take a closer look and you will notice that the two towers have different designs.

Got the Gotham City vibes already?

One of the towers has an Art Deco style reminiscent of the city protected by Batman. In fact, it was designed by James Adams, the same American firm that worked at Parkview Square in Bugis.

The other tower, clad in Gothic style, was designed by Swan & Maclaren, one of Singapore’s most established architectural firms.

While many have craned their necks to get a good look at the building, we’ve taken an exclusive tour of The Mill, which recently went up for sale.

A look inside

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The building, located along Jalan Kilang, is not only eye-catching on the outside, but the aesthetic extends inward.

As you enter the facility, you will be greeted by majestic black and white murals by local graffiti artist Ceno2.

Chandeliers hang over the driveway and you might see a vintage car or two in the parking area.

A second floor garden terrace connects the two towers, serving as an area for people to mingle.

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The tenant units have 6 meter high ceilings, 2.4 meter high windows, and spiral staircases that connect some units to the upper floors.

On the sixth floor there is a roof terrace that offers an excellent view of the surroundings. It is also a good place to relax with a drink after a day of work.

A fortress for creatives

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Behind The Mill’s bold design choices, completed in 2017, is owner Roy Teo.

As an interior designer, Teo shared with AsiaOne that he has a deep appreciation for Art Deco and Gothic for their “robust brooding demeanor” and “underlined dark romanticism.”

“Having this opportunity to build a new twin tower building gave [me] the opportunity to express them both in unison. “

Describing it as a stronghold that supports creative people on the local scene, Teo selects the list of tenants to generate synergy between them.

In addition to their own Kri interior design firms: Eit Associates and The ID Dept, among those that have settled in The Mill are fashion brand The Editor’s Market, tailor Kevin Seah, luxury watch magazine Revolution and the French graffiti artist Cyril Kongo.

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On the market for $ 28 million

With its unique architecture and suburban location, shoppers can expect The Mill to come at an extra cost.

The 11,800-square-foot land-size industrial building is now up for sale for $ 28 million, said Alvin Choo, director of the thriving market and investment sales division at ERA Singapore.

At $ 1,037 psf, the asking price is higher than other industrial buildings in the area, ranging between $ 600 psf and $ 700 psf, he told AsiaOne.

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An artistic property like this is rare on the market, Choo noted, and is especially well suited to lifestyle brands looking to establish a flagship building in Singapore.

He also highlighted the versatility of the space at The Mill, noting how the units on the second floor, as well as the rooftop terrace, can be transformed into event spaces.

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There are a total of 18 units on the property with leases ending in 2060.

Having invested a significant amount of time and effort building The Mill, we asked Teo why he had put it on the market.

“I’ve always been in the business of creating and building things, which is certainly my passion, and after the building was completed, we selected the perfect mix of tenants from the best creative leaders as planned since its inception,” he said.

“So I assume my work here at The Mill is finished.”

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