Industrial Directory · Factory · District 22
Ispace
51 sales from Nov 2021 to Jul 2026, at a median $309 psf (12 months to Oct 2026). 15 of 30 years left.
District 22 At a glance
- Median psf, 12 months
- $309
- Sales since Nov 2021
- 51
- Latest sale, Jul 2026
- $480 psf
- Lease left, 30-year title
- 15 years
4 of 32 sellers with a known purchase price sold for more than they paid; the median made -1.8% a year.
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Median psf by year Price trend
| Year | Unit sales | Median psf |
|---|---|---|
| 2021(part year) | 5 | $273 |
| 2022 | 15 | $341 |
| 2023 | 3 | $335 |
| 2024 | 2 | $336 |
| 2025 | 19 | $296 |
| 2026(part year) | 4 | $398 |
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.
51 sales Every sale
| Date | Type | Level | Sq ft | Price | Psf | Lease left | Sale | Seller bought | Profit | A year |
|---|---|---|---|---|---|---|---|---|---|---|
| 6 Jul 2026 | Factory | 1 | 3,025 | $1,452,000 | $480 | 16 | Resale | Aug 2014, $1.51M | -$61k | -0.3% |
| 6 Jul 2026 | Factory | Several units | 3,574 | $1,700,000 | $476 | 16 | Resale | Dec 2022, $1.27M | $430k | 8.5% |
| 22 Jun 2026 | Factory | 5 | 1,733 | $525,000 | $303 | 16 | Resale | Aug 2021, $485k | $40k | 1.6% |
| 10 Jun 2026 | Factory | 1 | 1,733 | $690,000 | $398 | 16 | Resale | Apr 2013, $748k | -$58k | -0.6% |
| 10 Jun 2026 | Factory | 1 | 1,733 | $690,000 | $398 | 16 | Resale | Apr 2013, $745k | -$55k | -0.6% |
| 12 Dec 2025 | Factory | 2 | 1,690 | $480,000 | $284 | 16 | Resale | Mar 2021, $550k | -$70k | -2.8% |
| 2 Dec 2025 | Factory | 4 | 1,668 | $510,000 | $306 | 16 | Resale | Apr 2014, $603k | -$93k | -1.4% |
| 6 Nov 2025 | Factory | 5 | 1,991 | $580,000 | $291 | 16 | Resale | Jan 2015, $800k | -$220k | -2.9% |
| 30 Oct 2025 | Factory | 5 | 1,711 | $528,000 | $309 | 16 | Resale | – | – | – |
| 30 Oct 2025 | Factory | 5 | 1,711 | $528,000 | $309 | 16 | Resale | – | – | – |
| 10 Oct 2025 | Factory | 1 | 3,025 | $1,170,000 | $387 | 16 | Resale | Oct 2012, $1.44M | -$265k | -1.6% |
| 9 Oct 2025 | Factory | 4 | 1,711 | $510,000 | $298 | 16 | Resale | Jul 2013, $622k | -$112k | -1.6% |
| 3 Oct 2025 | Factory | 2 | 1,722 | $510,000 | $296 | 16 | Resale | Feb 2016, $570k | -$60k | -1.1% |
| 1 Oct 2025 | Factory | 5 | 1,701 | $490,000 | $288 | 16 | Resale | – | – | – |
| 25 Sept 2025 | Factory | 3 | 1,701 | $513,000 | $302 | 16 | Resale | May 2015, $588k | -$75k | -1.3% |
| 15 Jul 2025 | Factory | 3 | 1,711 | $480,000 | $280 | 17 | Resale | – | – | – |
| 20 Jun 2025 | Factory | 4 | 1,722 | $550,000 | $319 | 17 | Resale | Jun 2022, $450k | $100k | 6.8% |
| 28 May 2025 | Factory | 1 | 1,733 | $700,000 | $404 | 17 | Resale | Jan 2022, $650k | $50k | 2.2% |
| 27 May 2025 | Factory | 2 | 1,905 | $537,000 | $282 | 17 | Resale | Dec 2015, $645k | -$108k | -1.9% |
| 6 May 2025 | Factory | 3 | 1,938 | $580,000 | $299 | 17 | Resale | – | – | – |
| 6 May 2025 | Factory | 3 | 1,711 | $500,000 | $292 | 17 | Resale | – | – | – |
| 30 Apr 2025 | Factory | 3 | 1,701 | $490,000 | $288 | 17 | Resale | – | – | – |
| 20 Mar 2025 | Factory | Several units | 8,751 | $2,770,000 | $317 | 30-year | Resale | – | – | – |
| 27 Jan 2025 | Factory | 5 | 1,830 | $480,000 | $262 | 17 | Resale | – | – | – |
| 3 Jan 2025 | Factory | 5 | 1,733 | $500,000 | $289 | 17 | Resale | Oct 2014, $640k | -$140k | -2.4% |
| 30 Sept 2024 | Factory | 5 | 2,174 | $660,000 | $304 | 17 | Resale | Oct 2012, $791k | -$131k | -1.5% |
| 13 Jun 2024 | Factory | 1 | 1,711 | $630,000 | $368 | 18 | Resale | Aug 2015, $815k | -$185k | -2.9% |
| 18 Aug 2023 | Factory | 5 | 1,701 | $595,000 | $350 | 19 | Resale | – | – | – |
| 7 Aug 2023 | Factory | 4 | 1,733 | $580,000 | $335 | 19 | Resale | Oct 2014, $617k | -$37k | -0.7% |
| 17 Feb 2023 | Factory | 2 | 1,830 | $575,000 | $314 | 19 | Resale | Feb 2021, $550k | $25k | 2.2% |
| 16 Dec 2022 | Factory | 4 | 1,690 | $548,000 | $324 | 19 | Resale | – | – | – |
| 12 Dec 2022 | Factory | 3 | 1,830 | $580,000 | $317 | 19 | Resale | – | – | – |
| 7 Dec 2022 | Factory | Several units | 3,574 | $1,270,000 | $355 | 19 | Resale | – | – | – |
| 7 Nov 2022 | Factory | 5 | 1,722 | $495,000 | $287 | 19 | Resale | Dec 2012, $607k | -$112k | -2.0% |
| 30 Sept 2022 | Factory | 1 | 6,760 | $2,700,000 | $399 | 19 | Resale | – | – | – |
| 31 Aug 2022 | Factory | 1 | 1,711 | $583,000 | $341 | 20 | Resale | Dec 2014, $869k | -$286k | -5.0% |
| 31 Aug 2022 | Factory | 1 | 2,691 | $917,000 | $341 | 20 | Resale | Dec 2014, $1.35M | -$434k | -4.9% |
| 22 Jul 2022 | Factory | 1 | 1,722 | $725,000 | $421 | 20 | Resale | – | – | – |
| 22 Jul 2022 | Factory | 1 | 1,722 | $725,000 | $421 | 20 | Resale | – | – | – |
| 30 Jun 2022 | Factory | 2 | 1,701 | $540,000 | $318 | 20 | Resale | Jul 2013, $659k | -$119k | -2.2% |
| 10 Jun 2022 | Factory | 4 | 1,722 | $450,000 | $261 | 20 | Resale | Oct 2012, $584k | -$134k | -2.7% |
| 14 Apr 2022 | Factory | 1 | 2,971 | $1,200,000 | $404 | 20 | Resale | Jan 2015, $1.49M | -$286k | -2.9% |
| 10 Feb 2022 | Factory | 5 | 1,733 | $490,000 | $283 | 20 | Resale | – | – | – |
| 28 Jan 2022 | Factory | 2 | 1,701 | $525,000 | $309 | 20 | Resale | May 2014, $601k | -$76k | -1.7% |
| 25 Jan 2022 | Factory | 1 | 1,733 | $650,000 | $375 | 20 | Resale | Oct 2012, $760k | -$110k | -1.7% |
| 21 Jan 2022 | Factory | 1 | 1,808 | $761,888 | $421 | 20 | Resale | Oct 2012, $918k | -$156k | -2.0% |
| 20 Dec 2021 | Factory | 2 | 1,711 | $588,000 | $344 | 20 | Resale | – | – | – |
| 7 Dec 2021 | Factory | 4 | 1,722 | $505,000 | $293 | 20 | Resale | Oct 2012, $625k | -$120k | -2.3% |
| 25 Nov 2021 | Factory | 4 | 1,733 | $440,000 | $254 | 20 | Resale | Feb 2013, $633k | -$193k | -4.1% |
| 2 Nov 2021 | Factory | 4 | 1,938 | $525,750 | $271 | 20 | Resale | Nov 2012, $661k | -$135k | -2.5% |
| 2 Nov 2021 | Factory | 5 | 1,733 | $472,500 | $273 | 20 | Resale | Aug 2013, $676k | -$204k | -4.3% |
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.
Ispace Questions
How much does a unit at Ispace cost?
48 unit sales at Ispace from Nov 2021 to Jul 2026 went for $254 to $480 psf, a median $309 psf on units of 1,668 to 6,760 sq ft. The latest, in Jul 2026, was $1,452,000 for 3,025 sq ft ($480 psf).
Did sellers at Ispace make money?
4 of 32 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller lost $112k, -1.8% a year, before stamp duty, GST, fees and the rent collected while they held it.
How much lease is left at Ispace?
Most sales here are on a 30-year lease with about 15 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 22 (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.
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- Enterprise Hub$323 psf
- Shine@Tuas South$375 psf