Industrial Directory · Factory · District 13
Tai Seng Point
4 sales from May 2023 to Jul 2024, at a median $872 psf (May 2023 to Jul 2024). Freehold.
District 13 At a glance
- Median psf, all sales
- $872
- Sales since May 2023
- 4
- Latest sale, Jul 2024
- $924 psf
- Tenure
- Freehold
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Median psf by year Price trend
| Year | Unit sales | Median psf |
|---|---|---|
| 2023 | 1 | $887 |
| 2024 | 3 | $856 |
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.
4 sales Every sale
| Date | Type | Level | Sq ft | Price | Psf | Lease left | Sale | Seller bought | Profit | A year |
|---|---|---|---|---|---|---|---|---|---|---|
| 10 Jul 2024 | Factory | 10 | 3,961 | $3,660,000 | $924 | Freehold | Resale | – | – | – |
| 3 Jun 2024 | Factory | 8 | 2,777 | $2,232,400 | $804 | Freehold | Resale | – | – | – |
| 3 Jun 2024 | Factory | 8 | 3,057 | $2,617,600 | $856 | Freehold | Resale | – | – | – |
| 10 May 2023 | Factory | 10 | 2,820 | $2,500,800 | $887 | Freehold | 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.
Tai Seng Point Questions
How much does a unit at Tai Seng Point cost?
4 unit sales at Tai Seng Point from May 2023 to Jul 2024 went for $804 to $924 psf, a median $872 psf on units of 2,777 to 3,961 sq ft. The latest, in Jul 2024, was $3,660,000 for 3,961 sq ft ($924 psf).
How much lease is left at Tai Seng Point?
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 13 (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 13 Nearby buildings
- One KA @ Macpherson$861 psf
- Trivex$791 psf
- Mactech Building$1,083 psf
- The Commerze@Irving$747 psf
- Tong Lee Building$787 psf
- Novelty Bizcentre$1,053 psf
- The Crescent @ Kallang$713 psf
- Ruby Industrial Complex$665 psf