IndustrialFreeholdDistrict 23 · Bukit Batok

12-24 Hillview Terrace

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2011
Quick Summary

12-24 Hillview Terrace is a industrial building in District 23 · Bukit Batok. It is freehold. 1 transaction is on record since 1995, most recently in May 2011. ACRA records 1 live company registration at this address.

1

What are the key facts about 12-24 Hillview Terrace?

Key takeaway12-24 Hillview Terrace is a industrial building in District 23 · Bukit Batok, held freehold.
Asset class
Industrial
Land-use zone
Not on record
Gross plot ratio
Tenure
Freehold
District / Area
District 23 · Bukit Batok
Address
12-24 Hillview Terrace
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
1
2

About 12-24 Hillview Terrace

12-24 Hillview Terrace is an industrial property in Bukit Batok (District 23). It is located along Hillview Terrace, Singapore 669224.

The site is freehold.

1 transaction has been recorded here, at a median of S$915 psf. The most recent was in May 2011.

Across JTC's rental returns for Hillview Terrace, the median rent for industrial space on this street works out to about S$1.33 psf per month over 95 observations. Observed medians on the street span S$0.46 to S$2.67 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

1 business is currently registered at this address with ACRA.

3

What has 12-24 Hillview Terrace sold for?

Key takeaway1 transaction is on record since 1995, most recently in May 2011 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2011Single-user FactoryS$45.01M49,164 sqft$915

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.

4

How does Hillview Terrace price?

Key takeawayHillview Terrace's current JTC street rent is S$28.69 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 4.5% (4.1% net of property tax).
Strata sales on the street (5y)
13
Street median PSF (strata)
$700
Indicative street yield
4.5% gross
4.1% net of property tax

An INDICATIVE street-level yield, not a yield for any particular unit: the current-quarter JTC street rent divided by the street's strata sale PSF median.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Street figures cover strata deals only — land and strata PSF are not comparable.

5

How many companies are registered at 12-24 Hillview Terrace?

Key takeawayACRA records 1 live company registration at this address.
Live registrations
1
Registered last 3 years
0

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

6

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$14.32 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$14.32 psm/mo
Observed range
S$4.90 – S$28.69

JTC street medians span 2000 to today and are an all-time level, not today's asking rent; the forward pipeline is a forecast, not committed completions.

7

Frequently asked questions about 12-24 Hillview Terrace

Where is 12-24 Hillview Terrace?

12-24 Hillview Terrace is at 12-24 Hillview Terrace, Singapore 669224, in the Bukit Batok planning area.

What is the tenure of 12-24 Hillview Terrace?

12-24 Hillview Terrace is freehold.

What have units at 12-24 Hillview Terrace sold for?

Across 1 recorded transaction, the median is S$915 psf. The latest was in May 2011.

What does industrial space near 12-24 Hillview Terrace rent for?

JTC's rental returns for Hillview Terrace put the median at about S$1.33 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Hillview Terrace, not a rent quoted for 12-24 Hillview Terrace itself.

How many businesses are registered at 12-24 Hillview Terrace?

1 business is currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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