Industrial Directory · Factory · Single-user factory · District 22
Platinum@Pioneer
7 sales from Nov 2021 to Oct 2024, at a median $307 psf (Nov 2021 to Oct 2024). 18 of 30 years left.
District 22 At a glance
- Median psf, all sales
- $307
- Sales since Nov 2021
- 7
- Latest sale, Oct 2024
- $307 psf
- Lease left, 30-year title
- 18 years
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7 sales Every sale
| Date | Type | Level | Sq ft | Price | Psf | Lease left | Sale | Seller bought | Profit | A year |
|---|---|---|---|---|---|---|---|---|---|---|
| 9 Oct 2024 | Factory | Whole | 7,169 | $2,200,000 | $307 | 20 | Resale | Sept 2021, $2.2M | – | – |
| 18 Jul 2024 | Factory | Whole | 6,588 | $1,980,000 | $301 | 20 | Resale | Jul 2020, $2.2M | -$220k | -2.6% |
| 23 Oct 2023 | Factory | Whole | 6,975 | $2,320,000 | $333 | 21 | Resale | Oct 2020, $2.8M | -$480k | -6.1% |
| 7 Aug 2023 | Factory | Whole | 7,050 | $2,250,000 | $319 | 21 | Resale | – | – | – |
| 31 Mar 2023 | Factory | Whole | 9,935 | $2,800,000 | $282 | 22 | Resale | Oct 2020, $2.85M | -$50k | -0.7% |
| 11 May 2022 | Single-user factory | Whole | 7,169 | $1,700,000 | $237 | 22 | Resale | – | – | – |
| 24 Nov 2021 | Factory | Whole | 7,169 | $2,500,000 | $349 | 23 | 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.
Platinum@Pioneer Questions
How much does a unit at Platinum@Pioneer cost?
7 unit sales at Platinum@Pioneer from Nov 2021 to Oct 2024 went for $237 to $349 psf, a median $307 psf. The latest, in Oct 2024, was $2,200,000 for 7,169 sq ft ($307 psf).
How much lease is left at Platinum@Pioneer?
Most sales here are on a 30-year lease with about 18 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 and single-user 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
- West Connect Building$267 psf
- 8 @ Tradehub 21$572 psf
- Gate+$608 psf
- Pioneer Centre$272 psf
- Eco-Tech@Sunview$168 psf
- Pioneer Point$365 psf
- Enterprise Hub$323 psf
- Shine@Tuas South$375 psf