Industrial Directory · Warehouse · District 13
Joo Seng Warehouse
17 sales from Dec 2021 to Jun 2026, at a median $897 psf (12 months to Oct 2026). Freehold.
District 13 At a glance
- Median psf, 12 months
- $897
- Sales since Dec 2021
- 17
- Latest sale, Jun 2026
- $948 psf
- Tenure
- Freehold
14 of 14 sellers with a known purchase price sold for more than they paid; the median made 4.3% a year.
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Median psf by year Price trend
| Year | Unit sales | Median psf |
|---|---|---|
| 2021(part year) | 1 | $635 |
| 2022 | 6 | $697 |
| 2023 | 3 | $749 |
| 2024 | 3 | $801 |
| 2025 | 3 | $829 |
| 2026(part year) | 1 | $948 |
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.
17 sales Every sale
| Date | Type | Level | Sq ft | Price | Psf | Lease left | Sale | Seller bought | Profit | A year |
|---|---|---|---|---|---|---|---|---|---|---|
| 22 Jun 2026 | Warehouse | 8 | 2,110 | $2,000,000 | $948 | Freehold | Resale | Feb 2012, $1M | $1M | 4.9% |
| 16 Oct 2025 | Warehouse | 6 | 2,110 | $1,785,000 | $846 | Freehold | Resale | Aug 1995, $1.36M | $424k | 0.9% |
| 14 Feb 2025 | Warehouse | 6 | 3,498 | $2,900,000 | $829 | Freehold | Resale | Jun 2017, $1.92M | $976k | 5.5% |
| 8 Jan 2025 | Warehouse | 7 | 2,110 | $1,688,000 | $800 | Freehold | Resale | Dec 2024, $1.69M | – | – |
| 27 Dec 2024 | Warehouse | 7 | 2,110 | $1,688,000 | $800 | Freehold | Resale | Oct 2010, $860k | $828k | 4.9% |
| 26 Sept 2024 | Warehouse | 2 | 2,056 | $1,720,000 | $837 | Freehold | Resale | – | – | – |
| 11 Jun 2024 | Warehouse | 8 | 2,110 | $1,690,000 | $801 | Freehold | Resale | Oct 2012, $1.29M | $403k | 2.4% |
| 24 Jul 2023 | Warehouse | 8 | 2,110 | $1,580,000 | $749 | Freehold | Resale | Oct 2012, $1.29M | $290k | 1.9% |
| 26 May 2023 | Warehouse | 1 | 2,056 | $2,050,000 | $997 | Freehold | Resale | Jun 2012, $1.66M | $389k | 1.9% |
| 5 Apr 2023 | Warehouse | 4 | 2,110 | $1,508,650 | $715 | Freehold | Resale | Dec 2019, $1.25M | $259k | 5.9% |
| 14 Sept 2022 | Warehouse | 4 | 3,498 | $2,480,000 | $709 | Freehold | Resale | Jul 2019, $2.1M | $380k | 5.3% |
| 9 Sept 2022 | Warehouse | 5 | 2,110 | $1,503,000 | $712 | Freehold | Resale | Jun 2019, $1.29M | $215k | 4.9% |
| 5 Aug 2022 | Warehouse | 7 | 3,498 | $2,420,000 | $692 | Freehold | Resale | Apr 2017, $1.91M | $514k | 4.6% |
| 14 Apr 2022 | Warehouse | 7 | 2,110 | $1,480,000 | $702 | Freehold | Resale | Dec 2015, $1.19M | $290k | 3.5% |
| 3 Jan 2022 | Warehouse | 4 | 3,498 | $2,400,000 | $686 | Freehold | Resale | Oct 2003, $1.15M | $1.25M | 4.1% |
| 3 Jan 2022 | Warehouse | 6 | 3,498 | $2,400,000 | $686 | Freehold | Resale | – | – | – |
| 23 Dec 2021 | Warehouse | 8 | 2,110 | $1,340,000 | $635 | Freehold | Resale | Nov 2013, $1.22M | $116k | 1.1% |
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.
Joo Seng Warehouse Questions
How much does a unit at Joo Seng Warehouse cost?
17 unit sales at Joo Seng Warehouse from Dec 2021 to Jun 2026 went for $635 to $997 psf, a median $749 psf on units of 2,056 to 3,498 sq ft. The latest, in Jun 2026, was $2,000,000 for 2,110 sq ft ($948 psf).
Did sellers at Joo Seng Warehouse make money?
14 of 14 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $396k, 4.3% a year, before stamp duty, GST, fees and the rent collected while they held it.
How much lease is left at Joo Seng Warehouse?
Most sales here are on a freehold title, so the unit does not lose value as a lease runs down. The sales are warehouse units in District 13 (Rest of 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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- Ruby Industrial Complex$665 psf