Industrial Directory · Factory · District 23
Heng Loong Building
1 sale from May 2024 to May 2024, at a median $654 psf (May 2024 to May 2024). 30 of 60 years left.
District 23 At a glance
- Median psf, all sales
- $654
- Sales since May 2024
- 1
- Latest sale, May 2024
- $654 psf
- Lease left, 60-year title
- 30 years
1 of 1 sellers with a known purchase price sold for more than they paid; the median made 20.0% a year.
Buying or selling at Heng Loong Building?
Leave your details. We'll WhatsApp you the units on the market here and what yours could fetch.
1 sales Every sale
| Date | Type | Level | Sq ft | Price | Psf | Lease left | Sale | Seller bought | Profit | A year |
|---|---|---|---|---|---|---|---|---|---|---|
| 27 May 2024 | Factory | 8 | 1,206 | $788,000 | $654 | 33 | Resale | Nov 2020, $415k | $373k | 20.0% |
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.
Heng Loong Building Questions
How much does a unit at Heng Loong Building cost?
1 unit sale at Heng Loong Building from May 2024 to May 2024 went for $654 to $654 psf, a median $654 psf on units of 1,206 to 1,206 sq ft. The latest, in May 2024, was $788,000 for 1,206 sq ft ($654 psf).
Did sellers at Heng Loong Building make money?
1 of 1 resale where the caveat shows the purchase price sold for more than the seller paid. The median seller made $373k, 20.0% a year, before stamp duty, GST, fees and the rent collected while they held it.
How much lease is left at Heng Loong Building?
Most sales here are on a 60-year lease with about 30 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 unit in District 23 (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.
District 23 Nearby buildings
- WCEGA Plaza$358 psf
- WCEGA Tower$545 psf
- Unity Centre$426 psf
- Midview Building$426 psf
- The Elitist$569 psf
- Enterprise Centre$268 psf
- Lam Soon Industrial Building$836 psf
- The Splendour$364 psf