Industrial Directory · Factory · District 14
LHK Building
9 sales from Nov 2021 to Nov 2023, at a median $695 psf (Nov 2021 to Nov 2023). Freehold.
District 14 At a glance
- Median psf, all sales
- $695
- Sales since Nov 2021
- 9
- Latest sale, Nov 2023
- $888 psf
- Tenure
- Freehold
9 of 9 sellers with a known purchase price sold for more than they paid; the median made 6.1% a year.
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Median psf by year Price trend
| Year | Unit sales | Median psf |
|---|---|---|
| 2021(part year) | 1 | $671 |
| 2022 | 4 | $650 |
| 2023 | 4 | $996 |
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.
9 sales Every sale
| Date | Type | Level | Sq ft | Price | Psf | Lease left | Sale | Seller bought | Profit | A year |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 Nov 2023 | Factory | 3 | 3,154 | $2,800,000 | $888 | Freehold | Resale | Apr 2007, $725k | $2.07M | 8.5% |
| 18 Jul 2023 | Factory | 1 | 1,163 | $1,194,000 | $1,027 | Freehold | Resale | Mar 2012, $698k | $497k | 4.8% |
| 18 Jul 2023 | Factory | 1 | 1,163 | $1,194,000 | $1,027 | Freehold | Resale | Mar 2012, $698k | $497k | 4.8% |
| 3 Mar 2023 | Factory | 1 | 1,711 | $1,650,000 | $964 | Freehold | Resale | Mar 2010, $770k | $880k | 6.0% |
| 12 Sept 2022 | Factory | 2 | 2,282 | $1,585,990 | $695 | Freehold | Resale | Feb 2008, $771k | $815k | 5.1% |
| 25 Feb 2022 | Factory | 2 | 3,143 | $2,042,950 | $650 | Freehold | Resale | Aug 2006, $723k | $1.32M | 6.9% |
| 25 Feb 2022 | Factory | 2 | 4,941 | $3,211,650 | $650 | Freehold | Resale | May 2006, $1.01M | $2.2M | 7.6% |
| 23 Feb 2022 | Factory | 2 | 2,110 | $1,371,500 | $650 | Freehold | Resale | Feb 2005, $496k | $876k | 6.1% |
| 12 Nov 2021 | Factory | 2 | 3,261 | $2,190,000 | $671 | Freehold | Resale | Jul 2009, $485k | $1.71M | 13.0% |
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.
LHK Building Questions
How much does a unit at LHK Building cost?
9 unit sales at LHK Building from Nov 2021 to Nov 2023 went for $650 to $1,027 psf, a median $695 psf on units of 1,163 to 4,941 sq ft. The latest, in Nov 2023, was $2,800,000 for 3,154 sq ft ($888 psf).
Did sellers at LHK Building make money?
9 of 9 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $880k, 6.1% a year, before stamp duty, GST, fees and the rent collected while they held it.
How much lease is left at LHK 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 14 (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.
District 14 Nearby buildings
- Oxley Bizhub$710 psf
- Ubi Techpark$580 psf
- Vertex$611 psf
- Premier @ Kaki Bukit$661 psf
- Synergy @ KB$350 psf
- Oxley Bizhub 2$681 psf
- UB. One$729 psf
- Paya Ubi Industrial Park$300 psf