Industrial Directory · Factory · District 20
Lip Hing Industrial Building
7 sales from Nov 2022 to Jun 2026, at a median $846 psf (12 months to Oct 2026). 999-year lease.
District 20 At a glance
- Median psf, 12 months
- $846
- Sales since Nov 2022
- 7
- Latest sale, Jun 2026
- $846 psf
- Tenure
- 999-year lease
2 of 2 sellers with a known purchase price sold for more than they paid; the median made 5.8% a year.
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Median psf by year Price trend
| Year | Unit sales | Median psf |
|---|---|---|
| 2022 | 1 | $736 |
| 2023 | 1 | $728 |
| 2024 | 3 | $797 |
| 2025 | 1 | $870 |
| 2026(part year) | 1 | $846 |
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
| Date | Type | Level | Sq ft | Price | Psf | Lease left | Sale | Seller bought | Profit | A year |
|---|---|---|---|---|---|---|---|---|---|---|
| 24 Jun 2026 | Factory | 4 | 1,453 | $1,230,000 | $846 | 999-year | Resale | – | – | – |
| 26 Feb 2025 | Factory | 2 | 1,389 | $1,208,000 | $870 | 999-year | Resale | Mar 2016, $820k | $388k | 4.4% |
| 5 Dec 2024 | Factory | 6 | 1,346 | $1,100,000 | $818 | 999-year | Resale | – | – | – |
| 13 May 2024 | Factory | 8 | 1,991 | $1,588,000 | $797 | 999-year | Resale | Jul 2021, $1.3M | $288k | 7.3% |
| 8 Jan 2024 | Factory | 7 | 1,389 | $1,000,000 | $720 | 999-year | Resale | – | – | – |
| 9 Mar 2023 | Factory | 4 | 1,346 | $980,000 | $728 | 999-year | Resale | – | – | – |
| 4 Nov 2022 | Factory | 6 | 1,453 | $1,070,000 | $736 | 999-year | Resale | – | – | – |
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.
Lip Hing Industrial Building Questions
How much does a unit at Lip Hing Industrial Building cost?
7 unit sales at Lip Hing Industrial Building from Nov 2022 to Jun 2026 went for $720 to $870 psf, a median $797 psf on units of 1,346 to 1,991 sq ft. The latest, in Jun 2026, was $1,230,000 for 1,453 sq ft ($846 psf).
Did sellers at Lip Hing Industrial Building make money?
2 of 2 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $338k, 5.8% a year, before stamp duty, GST, fees and the rent collected while they held it.
How much lease is left at Lip Hing Industrial Building?
Most sales here are on a 999-year lease title, so the unit does not lose value as a lease runs down. The sales are factory units in District 20 (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 20 Nearby buildings
- Midview City$723 psf
- Northstar @ AMK$666 psf
- Link@Amk$567 psf
- Sing Industrial Complex$235 psf
- M38$1,221 psf
- Mapex$1,620 psf
- One Pemimpin$1,259 psf
- Mayfair Industrial Building$867 psf