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Industrial Directory · Factory · District 19

First Centre

40 sales from Oct 2021 to Sept 2026, at a median $589 psf (12 months to Oct 2026). 41 of 60 years left.

District 19 At a glance

Median psf, 12 months
$589
Sales since Oct 2021
40
Latest sale, Sept 2026
$650 psf
Lease left, 60-year title
41 years

33 of 34 sellers with a known purchase price sold for more than they paid; the median made 5.1% a year.

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Median psf by year Price trend

YearUnit salesMedian psf
2021(part year)3$477
202210$496
202311$559
20246$575
20255$630
2026(part year)4$581

A median moves with which units sold that year (floor, size, ramp-up or ground-floor units), and the lease shortens every year, so a small year can swing.

40 sales Every sale

DateTypeLevelSq ftPricePsfLease leftSaleSeller boughtProfitA year
17 Sept 2026Factory31,378$895,000$65041ResaleSept 2022, $688k$207k6.8%
28 Aug 2026Factory81,356$757,798$55941ResaleAug 2023, $688k$70k3.2%
18 Aug 2026Factory21,572$900,000$57341ResaleNov 2019, $540k$360k7.9%
23 Apr 2026Factory71,572$925,000$58941ResaleJun 2011, $377k$548k6.2%
21 Nov 2025Factory41,389$800,000$57641Resale–––
18 Nov 2025Factory31,098$830,000$75641ResaleJul 2016, $518k$312k5.2%
13 Nov 2025Factory31,335$888,000$66541ResaleSept 2022, $678k$210k8.8%
14 Aug 2025Factory41,335$840,800$63042ResaleJun 2017, $625k$216k3.7%
23 Jan 2025Factory51,335$800,000$59942ResaleFeb 2008, $310k$490k5.7%
17 Sept 2024Factory9592$400,000$67643ResaleNov 2015, $316k$84k2.7%
3 Sept 2024Factory61,335$660,000$49443Resale–––
7 Aug 2024Factory21,528$880,000$57643ResaleSept 2008, $322k$558k6.5%
26 Jun 2024Factory61,238$710,000$57443ResaleJul 2018, $538k$172k4.8%
29 Apr 2024Factory8797$485,000$60943ResaleOct 2013, $440k$45k0.9%
16 Jan 2024Factory61,378$750,000$54443ResaleDec 2018, $558k$192k6.0%
30 Nov 2023Factory61,335$658,000$49343Resale–––
30 Oct 2023Factory8797$488,000$61343ResaleOct 2011, $388k$100k1.9%
11 Oct 2023Factory41,216$680,000$55944ResaleJul 2008, $288k$392k5.8%
18 Aug 2023Factory9635$405,000$63844ResaleMay 2015, $300k$105k3.7%
15 Aug 2023Factory81,356$688,000$50744Resale–––
31 Jul 2023Factory61,335$655,000$49144Resale–––
14 Jun 2023Factory21,528$800,000$52344ResaleFeb 2009, $300k$500k7.1%
12 Jun 2023Factory8797$450,000$56544ResaleMay 2012, $420k$30k0.6%
12 Jun 2023Factory51,313$786,000$59944ResaleMay 2011, $408k$378k5.6%
10 Apr 2023Factory51,216$699,000$57544ResaleDec 2014, $588k$111k2.1%
28 Mar 2023Factory61,335$680,000$50944ResaleNov 2009, $318k$362k5.9%
21 Feb 2023FactorySeveral units2,874$1,200,000$41844Resale–––
8 Dec 2022Factory71,905$818,000$42944ResaleMar 2009, $260k$558k8.7%
2 Dec 2022Factory41,335$688,000$51544ResaleApr 2008, $310k$378k5.6%
21 Nov 2022Factory8797$455,000$57144ResaleOct 2012, $445k$10k0.2%
15 Nov 2022Factory9635$375,000$59044ResaleMay 2017, $363k$13k0.6%
10 Nov 2022Factory21,528$740,000$48444ResaleMar 2009, $285k$455k7.2%
9 Sept 2022Factory31,378$688,000$49945ResaleApr 2008, $343k$345k4.9%
9 Sept 2022Factory31,335$678,000$50845ResaleFeb 2016, $635k$43k1.0%
22 Jun 2022Factory21,528$660,000$43245ResaleMar 2009, $286k$374k6.5%
18 Mar 2022Factory31,335$630,000$47245ResaleMar 2012, $605k$25k0.4%
24 Jan 2022Factory81,109$545,000$49245ResaleFeb 2008, $298k$247k4.4%
7 Dec 2021Factory71,561$624,300$40045ResaleJan 2011, $355k$269k5.3%
9 Nov 2021Factory21,302$620,888$47745ResaleJun 2013, $630k-$9k-0.2%
26 Oct 2021Factory9635$325,000$51245ResaleApr 2011, $280k$45k1.4%

URA Realis caveats via Huttons, to 6 Oct 2026. Sq ft is the strata area. Lease left is in years at the date of sale. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.

First Centre Questions

How much does a unit at First Centre cost?

39 unit sales at First Centre from Oct 2021 to Sept 2026 went for $400 to $756 psf, a median $559 psf on units of 592 to 1,905 sq ft. The latest, in Sept 2026, was $895,000 for 1,378 sq ft ($650 psf).

Did sellers at First Centre make money?

33 of 34 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $213k, 5.1% a year, before stamp duty, GST, fees and the rent collected while they held it.

How much lease is left at First Centre?

Most sales here are on a 60-year lease with about 41 years left as at Oct 2026. Banks lend less, for shorter, as an industrial lease runs down, and the unit is worth less each year, so weigh the rent against the years left. The sales are factory units in District 19 (Outside Central Region). Industrial units carry no Additional Buyer’s Stamp Duty, cannot be bought with CPF and must be used for an approved industrial activity.

Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.