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KEYSTONE
@ MANDAI
PROJECT DESCRIPTION
Overview
Keystone @ Mandai is a premium B2 industrial development located at 2C Mandai Estate. Developed by Bayswood Pte Ltd, this 10-storey building is designed specifically for businesses that require high functionality and heavy-duty infrastructure without the ticking clock of a short leasehold. With its sleek, contemporary facade, it stands out as a flagship industrial asset in the Sungei Kadut/Mandai corridor.
Design & Functionality
Unlike older industrial buildings, Keystone is built for efficiency. It features a ramp-up design, allowing 20-footer containers to reach the ground floor and 14-footer lorries to drive directly to the doorstep of units on upper levels. The column-free layouts inside the units maximize every square inch, ensuring that heavy machinery or racking systems can be installed without structural interference.
Future-Proof Sustainability
The project leans into the "green" trend. It is designed to be EV-ready, with electrical points at individual units to support the transition to electric delivery fleets. Additionally, the roof is fitted with solar panels to help offset the building’s common area energy consumption, making it a more ESG-friendly choice for corporate tenants.
Flexible and Hygiene-Focused Layouts
Adaptability is central to Ecofood @ Mandai’s design. Businesses can configure spaces for central kitchens, specialized production lines, or storage facilities. Units also come with:
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Floor traps and designated bin points for smooth waste management.
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A 150mm floor drop for custom drainage and workflow.
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Separate lifts for raw and cooked products to prevent contamination.
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Toilets in every unit for staff convenience.
These features make the development particularly suited for businesses that demand strict cleanliness and operational efficiency.
Key Highlights
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Freehold Tenure: A rare asset class in Singapore where most industrial land is sold on 30 or 60-year leases.
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B2 Industrial Zoning: Suitable for "General Industry," including carpentry, engineering, vehicle workshops, and even some food-related uses (subject to NEA approval).
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High Loadings: Floor loading ranges from 12.5kN/sqm to 20kN/sqm, capable of supporting heavy industrial activities.
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Generous Ceilings: Floor-to-floor heights of 5.6m to 7.0m, allowing for mezzanine levels or high-stack storage.
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Functional Access: 20-footer ramp-up access to the first floor and 14-footer access to all other levels.
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Modern Amenities: Includes an on-site canteen and units equipped with their own ensuite toilets.
SPECIFICATIONS
Tenure: Freehold
District: 25
Location: 2C Mandai Estate, Singapore 729900
Type: B2 Food Factory
Developer: Bayswood Pte Ltd
TOP: ~2028
Total Levels: 10 Storey
Total Units: 69 Units + 1 Canteen
Site Area: Approx. 4,779.9 sqm (51,450 sqft)
Floor Height: 5.6m to 6.975
Floor Loading: 15 KN/m²
Sizes (Production Area): 16xx sqft to 20xx sqft
Electrical Provision: 100Amp to 150Amp (3 Phase)
Lift: 2 Passenger, 2 Goods
Carpark: 32 Lots

PROJECT LOCATION
2C Mandai Estate, Singapore 729900
Harrison Food star buy from $17xxpsf | SPACE18 Guranteed Rental | One Sophia star buy from $31xx psf

Industrial Property
3 Reasons Investors Should Pay Attention

No Additional Buyer’s Stamp Duty (ABSD)
Industrial properties are not subject to ABSD, unlike residential properties. This allows both local and foreign investors to enter the market without incurring hefty upfront taxes. In today’s climate where residential ABSD rates have climbed sharply, industrial assets provide a more cost-efficient and accessible pathway for investors to grow their real estate portfolio without being weighed down by regulatory penalties.
Open Market for
Local and Foreign Investors
Unlike the residential sector, where foreigners face restrictions and additional stamp duties, industrial properties in Singapore can be purchased freely by both locals and foreigners. This open-access environment boosts demand, encourages cross-border investment, and enhances liquidity in the market. Supported by Singapore’s transparent regulatory framework and strong rule of law, investors enjoy a high level of security and clarity
Diversification and
Inflation Hedge
For investors already holding residential assets, industrial properties provide an effective way to diversify. Unlike residential landlords who absorb most costs, industrial landlords can typically pass certain expenses to tenants, improving cashflow. Beyond that, industrial assets serve as a hedge against inflation — they tend to appreciate in line with, or ahead of, rising prices, helping investors preserve and grow their wealth.

Harrison Food star buy from $17xxpsf | SPACE18 Guranteed Rental | One Sophia star buy from $31xx psf



AHAN CEA:R069723F
THE ROADMAP BUDDY
Formally part of JPMorgan Business Research Team, brings over 15 years of corporate experience. He specialised in cross-industry research, using advanced data analysis and information to deliver high-quality insights for business decision-making.
He supported research initiatives using quantitative and qualitative methods, delivering strategic insights. He worked with Investment Bankers across APAC, North America, and EMEA on Capital Markets (M&A, ECM, and DCM), tailoring his work to their research needs.

JANE TOH CEA:R065671Z
THE ORGANIZATION ALLY
Jane brings over 15 years of corporate finance experience, managing account portfolios across property development, creative advertising and global hospitality sectors. With an extensive experience with MNC, she managed regional financial reporting across APAC. With a strong expertise in contracts and financial governance, she ensure regulatory and corporate compliance. Adding value to real estate through strategic support and decision with her cross-border experience with effective stakeholder communication and negotiation.

ANGEL ONG CEA:R070189H
THE NUMBERS WHISPERER
With over 15 years of experience in accounting and finance, Angel has a proven track record in leading finance teams and contributing to an IPO listing. Her expertise spans financial analysis, strategic planning, and delivering value-driven solutions. Today, she applies this background to the RE sector, helping clients make well-informed property decisions. Consistently recognized for professionalism and results, Angel has earned strong client satisfaction and positive reviews throughout her career.
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