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Industrial Directory · Factory · District 23

Hillview Building

7 sales from Dec 2021 to Feb 2025, at a median $705 psf (Dec 2021 to Feb 2025). Freehold.

District 23 At a glance

Median psf, all sales
$705
Sales since Dec 2021
7
Latest sale, Feb 2025
$712 psf
Tenure
Freehold

3 of 3 sellers with a known purchase price sold for more than they paid; the median made 4.9% a year.

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Median psf by year Price trend

YearUnit salesMedian psf
2021(part year)1$546
20221$705
20244$726
20251$712

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.

7 sales Every sale

DateTypeLevelSq ftPricePsfLease leftSaleSeller boughtProfitA year
21 Feb 2025Factory62,034$1,448,888$712FreeholdResaleMar 2021, $1.2M$253k4.9%
14 Jun 2024Factory21,464$1,130,000$772FreeholdResaleJul 2017, $840k$290k4.4%
20 May 2024Factory31,464$1,100,000$751FreeholdResale–––
16 Feb 2024Factory22,034$1,423,800$700FreeholdResaleFeb 2021, $1M$424k12.5%
8 Feb 2024Factory21,464$975,000$666FreeholdResale–––
3 Aug 2022Factory31,475$1,040,000$705FreeholdResale–––
14 Dec 2021Factory31,464$800,000$546FreeholdResale–––

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.

Hillview Building Questions

How much does a unit at Hillview Building cost?

7 unit sales at Hillview Building from Dec 2021 to Feb 2025 went for $546 to $772 psf, a median $705 psf on units of 1,464 to 2,034 sq ft. The latest, in Feb 2025, was $1,448,888 for 2,034 sq ft ($712 psf).

Did sellers at Hillview Building make money?

3 of 3 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $290k, 4.9% a year, before stamp duty, GST, fees and the rent collected while they held it.

How much lease is left at Hillview Building?

Most sales here are on a freehold title, so the unit does not lose value as a lease runs down. The sales are factory units 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

All 291 buildings