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Industrial Directory · Factory · District 20

Pemimpin Industrial Building

3 sales from Nov 2023 to Dec 2024, at a median $750 psf (Nov 2023 to Dec 2024). 999-year lease.

District 20 At a glance

Median psf, all sales
$750
Sales since Nov 2023
3
Latest sale, Dec 2024
$750 psf
Tenure
999-year lease

1 of 1 sellers with a known purchase price sold for more than they paid; the median made 5.1% a year.

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Median psf by year Price trend

YearUnit salesMedian psf
20231$756
20242$750

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.

3 sales Every sale

DateTypeLevelSq ftPricePsfLease leftSaleSeller boughtProfitA year
17 Dec 2024Factory51,453$1,090,000$750999-yearResaleNov 2024, $1.09M––
25 Nov 2024Factory51,453$1,090,000$750999-yearResaleJan 2021, $900k$190k5.1%
1 Nov 2023Factory21,195$903,000$756999-yearResale–––

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.

Pemimpin Industrial Building Questions

How much does a unit at Pemimpin Industrial Building cost?

3 unit sales at Pemimpin Industrial Building from Nov 2023 to Dec 2024 went for $750 to $756 psf, a median $750 psf on units of 1,195 to 1,453 sq ft. The latest, in Dec 2024, was $1,090,000 for 1,453 sq ft ($750 psf).

Did sellers at Pemimpin Industrial Building make money?

1 of 1 resale where the caveat shows the purchase price sold for more than the seller paid. The median seller made $190k, 5.1% a year, before stamp duty, GST, fees and the rent collected while they held it.

How much lease is left at Pemimpin 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.

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