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Industrial Directory · Factory · District 22

Jurong Food Hub

4 sales from Jan 2022 to Jun 2022, at a median $251 psf (Jan 2022 to Jun 2022). 4 of 23 years left.

District 22 At a glance

Median psf, all sales
$251
Sales since Jan 2022
4
Latest sale, Jun 2022
$227 psf
Lease left, 23-year title
4 years

3 of 3 sellers with a known purchase price sold for more than they paid; the median made 2.7% a year.

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4 sales Every sale

DateTypeLevelSq ftPricePsfLease leftSaleSeller boughtProfitA year
2 Jun 2022Factory62,648$600,000$2279ResaleApr 2021, $580k$20k3.1%
9 May 2022Factory22,637$708,000$2689ResaleMay 2010, $514k$194k2.7%
22 Mar 2022Factory32,594$650,000$2519ResaleJun 2012, $500k$150k2.7%
26 Jan 2022FactoryWhole3,337$330,000$999Resale–––

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.

Jurong Food Hub Questions

How much does a unit at Jurong Food Hub cost?

3 unit sales at Jurong Food Hub from Jan 2022 to Jun 2022 went for $227 to $268 psf, a median $251 psf on units of 2,594 to 2,648 sq ft. The latest, in Jun 2022, was $600,000 for 2,648 sq ft ($227 psf).

Did sellers at Jurong Food Hub make money?

3 of 3 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $150k, 2.7% a year, before stamp duty, GST, fees and the rent collected while they held it.

How much lease is left at Jurong Food Hub?

Most sales here are on a 23-year lease with about 4 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.

District 22 Nearby buildings

All 291 buildings