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Industrial Directory · Factory · District 3

Petro Centre

3 sales from Sept 2022 to Oct 2025, at a median $551 psf (12 months to Oct 2026). 34 of 99 years left.

District 3 At a glance

Median psf, 12 months
$551
Sales since Sept 2022
3
Latest sale, Oct 2025
$551 psf
Lease left, 99-year title
34 years

3 of 3 sellers with a known purchase price sold for more than they paid; the median made 2.0% a year.

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Median psf by year Price trend

YearUnit salesMedian psf
20222$524
20251$551

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
10 Oct 2025Factory51,744$960,000$55135ResaleSept 2003, $605k$355k2.1%
23 Nov 2022Factory51,755$928,000$52938ResaleAug 2003, $634k$294k2.0%
27 Sept 2022Factory71,830$950,000$51938ResaleJul 2010, $810k$140k1.3%

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.

Petro Centre Questions

How much does a unit at Petro Centre cost?

3 unit sales at Petro Centre from Sept 2022 to Oct 2025 went for $519 to $551 psf, a median $529 psf on units of 1,744 to 1,830 sq ft. The latest, in Oct 2025, was $960,000 for 1,744 sq ft ($551 psf).

Did sellers at Petro Centre make money?

3 of 3 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $294k, 2.0% a year, before stamp duty, GST, fees and the rent collected while they held it.

How much lease is left at Petro Centre?

Most sales here are on a 99-year lease with about 34 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 3 (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.