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Industrial Directory · Factory · District 13

Tong Lee Building

25 sales from Nov 2021 to Aug 2026, at a median $787 psf (12 months to Oct 2026). Freehold.

District 13 At a glance

Median psf, 12 months
$787
Sales since Nov 2021
25
Latest sale, Aug 2026
$760 psf
Tenure
Freehold

15 of 16 sellers with a known purchase price sold for more than they paid; the median made 4.8% a year.

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Median psf by year Price trend

YearUnit salesMedian psf
2021(part year)2$530
20231$670
20242$700
202515$834
2026(part year)5$760

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.

25 sales Every sale

DateTypeLevelSq ftPricePsfLease leftSaleSeller boughtProfitA year
25 Aug 2026Factory52,982$2,266,320$760FreeholdResale–––
22 Jul 2026Factory7904$915,000$1,012FreeholdResale–––
8 May 2026Factory42,982$2,170,896$728FreeholdResaleOct 2019, $1.49M$680k5.9%
10 Apr 2026Factory5904$880,000$973FreeholdResaleMar 1996, $418k$462k2.5%
26 Feb 2026Factory32,874$2,060,000$717FreeholdResale–––
16 Dec 2025Factory42,820$2,052,960$728FreeholdResaleJul 1996, $1.14M$913k2.0%
12 Dec 2025Factory61,141$1,018,888$893FreeholdResale–––
24 Oct 2025Factory42,799$2,000,000$715FreeholdResaleJan 2014, $1.47M$531k2.7%
24 Oct 2025Factory71,141$1,000,000$876FreeholdResale–––
8 Oct 2025Factory11,475$1,200,000$814FreeholdResale–––
12 Sept 2025Factory6904$830,000$918FreeholdResale–––
25 Jul 2025Factory7915$825,000$902FreeholdResaleJan 2014, $690k$135k1.6%
30 Jun 2025Factory11,475$1,280,000$868FreeholdResaleJul 1998, $750k$530k2.0%
26 Jun 2025Factory32,982$2,176,568$730FreeholdResaleApr 2014, $1.58M$596k2.9%
18 Jun 2025Factory82,982$2,176,568$730FreeholdResale–––
23 May 2025Factory5904$800,000$885FreeholdResaleDec 2017, $500k$300k6.5%
19 May 2025Factory82,874$2,110,000$734FreeholdResaleMar 2021, $1.46M$650k9.2%
17 Apr 2025Factory7915$825,000$902FreeholdResale–––
28 Mar 2025Factory51,141$952,000$834FreeholdResaleDec 2017, $600k$352k6.6%
24 Mar 2025Factory22,874$2,069,280$720FreeholdResaleApr 2020, $1.41M$661k8.0%
29 Nov 2024Factory82,874$2,000,000$696FreeholdResaleOct 2018, $1.46M$540k5.3%
8 Mar 2024Factory62,799$1,970,000$704FreeholdResaleFeb 2016, $1.36M$610k4.7%
11 Jul 2023Factory82,820$1,890,000$670FreeholdResaleNov 2021, $1.32M$570k23.7%
21 Dec 2021Factory92,874$1,700,000$592FreeholdResaleSept 2018, $1.46M$240k4.8%
3 Nov 2021Factory82,820$1,320,000$468FreeholdResaleJun 2012, $1.33M-$8k-0.1%

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.

Tong Lee Building Questions

How much does a unit at Tong Lee Building cost?

25 unit sales at Tong Lee Building from Nov 2021 to Aug 2026 went for $468 to $1,012 psf, a median $734 psf on units of 904 to 2,982 sq ft. The latest, in Aug 2026, was $2,266,320 for 2,982 sq ft ($760 psf).

Did sellers at Tong Lee Building make money?

15 of 16 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $535k, 4.8% a year, before stamp duty, GST, fees and the rent collected while they held it.

How much lease is left at Tong Lee Building?

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.