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Industrial Directory · Factory · District 23

The Splendour

19 sales from Jan 2022 to Jan 2026, at a median $364 psf (12 months to Oct 2026). 30 of 60 years left.

District 23 At a glance

Median psf, 12 months
$364
Sales since Jan 2022
19
Latest sale, Jan 2026
$369 psf
Lease left, 60-year title
30 years

16 of 16 sellers with a known purchase price sold for more than they paid; the median made 6.2% a year.

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Median psf by year Price trend

YearUnit salesMedian psf
20223$265
20234$346
20247$381
20254$364
2026(part year)1$369

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.

19 sales Every sale

DateTypeLevelSq ftPricePsfLease leftSaleSeller boughtProfitA year
16 Jan 2026Factory18,665$3,200,000$36931ResaleOct 2020, $2.14M$1.06M8.0%
23 Oct 2025Factory18,665$3,100,000$35831ResaleMay 2016, $2.4M$700k2.8%
11 Jul 2025Factory110,237$3,850,000$37632ResaleJul 2021, $2.49M$1.36M11.5%
18 Jun 2025Factory18,665$1,840,000$21232Resale–––
3 Apr 2025Factory18,999$3,325,000$36932ResaleJun 2011, $2.46M$869k2.2%
28 Nov 2024Factory18,665$3,500,000$40432ResaleOct 2020, $2.13M$1.37M12.9%
16 Sept 2024Factory18,665$3,300,000$38132ResaleJun 2014, $2.8M$500k1.6%
6 Jun 2024Factory18,665$3,300,000$38133ResaleJul 2020, $1.95M$1.35M14.6%
14 May 2024Factory18,665$3,030,000$35033ResaleMar 2011, $1.9M$1.13M3.6%
29 Apr 2024Factory18,665$3,300,000$38133ResaleSept 2020, $1.9M$1.4M16.3%
22 Apr 2024Factory18,665$3,080,000$35533ResaleMar 2011, $1.9M$1.18M3.8%
16 Feb 2024Factory18,665$3,150,000$36433ResaleSept 2020, $1.95M$1.2M15.0%
10 Nov 2023Factory18,665$3,100,000$35833ResaleDec 2015, $2.9M$200k0.8%
24 Oct 2023Factory18,665$3,000,000$34633ResaleAug 2020, $1.96M$1.04M14.4%
18 Oct 2023Factory18,665$3,000,000$34633ResaleFeb 2011, $1.48M$1.52M5.8%
10 Oct 2023Factory19,009$2,850,000$31633Resale–––
11 Aug 2022Factory18,181$2,525,000$30935ResaleMar 2011, $1.88M$648k2.6%
30 Mar 2022Factory18,665$2,300,000$26535ResaleApr 2018, $1.79M$510k6.6%
27 Jan 2022Factory17,169$1,850,000$25835Resale–––

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 Splendour Questions

How much does a unit at The Splendour cost?

19 unit sales at The Splendour from Jan 2022 to Jan 2026 went for $212 to $404 psf, a median $358 psf on units of 7,169 to 10,237 sq ft. The latest, in Jan 2026, was $3,200,000 for 8,665 sq ft ($369 psf).

Did sellers at The Splendour make money?

16 of 16 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $1.1M, 6.2% a year, before stamp duty, GST, fees and the rent collected while they held it.

How much lease is left at The Splendour?

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