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Industrial Directory · Factory · District 23

The Spire

17 sales from Jan 2022 to Oct 2026, at a median $526 psf (12 months to Oct 2026). 30 of 60 years left.

District 23 At a glance

Median psf, 12 months
$526
Sales since Jan 2022
17
Latest sale, Oct 2026
$526 psf
Lease left, 60-year title
30 years

13 of 16 sellers with a known purchase price sold for more than they paid; the median made 1.8% a year.

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Median psf by year Price trend

YearUnit salesMedian psf
20225$417
20231$531
20244$488
20253$517
2026(part year)4$527

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.

17 sales Every sale

DateTypeLevelSq ftPricePsfLease leftSaleSeller boughtProfitA year
1 Oct 2026Factory51,539$810,000$52630ResaleDec 2017, $709k$101k1.5%
31 Aug 2026Factory81,539$810,999$52731ResaleOct 2015, $750k$61k0.7%
6 Aug 2026Factory13818$510,000$62331ResaleJun 2019, $418k$92k2.8%
5 Feb 2026Factory101,539$810,000$52631ResaleFeb 2018, $695k$115k1.9%
27 Nov 2025Factory52,185$1,130,000$51731ResaleDec 2013, $888k$242k2.0%
19 Sept 2025Factory111,701$900,000$52931ResaleSept 2022, $800k$100k4.0%
7 Aug 2025Factory42,519$1,068,000$42432ResaleMar 2014, $1.1M-$28k-0.2%
30 Sept 2024Factory142,497$1,200,000$48132ResaleJan 2007, $520k$680k4.8%
17 Jul 2024Factory141,658$820,000$49533ResaleDec 2010, $650k$170k1.7%
19 Jun 2024Factory102,185$930,000$42633ResaleAug 2009, $619k$311k2.8%
12 Mar 2024Factory61,539$800,000$52033ResaleSept 2019, $700k$100k3.0%
6 Nov 2023Factory141,507$800,000$53133Resale–––
14 Sept 2022Factory111,701$800,000$47034ResaleApr 2011, $610k$190k2.4%
15 Jun 2022Factory131,539$700,000$45535ResaleDec 2012, $820k-$120k-1.7%
1 Jun 2022Factory111,625$660,000$40635ResaleJul 2011, $650k$10k0.1%
13 Jan 2022Factory62,185$880,000$40335ResaleJan 2014, $935k-$55k-0.8%
13 Jan 2022Factory61,485$620,000$41735ResaleMay 2014, $610k$10k0.2%

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.

The Spire Questions

How much does a unit at The Spire cost?

17 unit sales at The Spire from Jan 2022 to Oct 2026 went for $403 to $623 psf, a median $495 psf on units of 818 to 2,519 sq ft. The latest, in Oct 2026, was $810,000 for 1,539 sq ft ($526 psf).

Did sellers at The Spire make money?

13 of 16 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $100k, 1.8% a year, before stamp duty, GST, fees and the rent collected while they held it.

How much lease is left at The Spire?

Most sales here are on a 60-year lease with about 30 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 23 (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 23 Nearby buildings

All 291 buildings