IndustrialLeaseholdDistrict 22 · Boon Lay

38 Liu Fang Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Jan 1999
Quick Summary

38 Liu Fang Road is a industrial building in District 22 · Boon Lay. It is leasehold. 1 transaction is on record since 1995, most recently in Jan 1999. ACRA records 0 live company registrations at this address.

1

What are the key facts about 38 Liu Fang Road?

Key takeaway38 Liu Fang Road is a industrial building in District 22 · Boon Lay, held leasehold.
Asset class
Industrial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Leasehold
District / Area
District 22 · Boon Lay
Address
38 Liu Fang Road
Land area
—
Completed
Not on record
Storeys
Not on record
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 38 Liu Fang Road

38 Liu Fang Road is an industrial property in Boon Lay (District 22). It is located along Liu Fang Road, Singapore 628686.

The site is leasehold, with about 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

1 transaction has been recorded here, at a median of S$38 psf. The most recent was in January 1999.

3

What has 38 Liu Fang Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jan 1999 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jan 1999Single-user FactoryS$15.40M409,129 sqft$38

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. sqm ↔ sq ft converter

4

Market context around 38 Liu Fang Road

Key takeawayBrokers' industrial figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Factory (ground floor): Rent S$1.81 psf/mth
  • Factory (upper floor): Rent S$1.41 psf/mth
  • Prime logistics: Rent S$1.87 psf/mth · Capital value S$245 psf · Net yield 6.5%
  • Warehouse (ground floor): Rent S$1.91 psf/mth
  • Warehouse (upper floor): Rent S$1.39 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • Factory - Ground Floor: Rent S$1.79 psf/mth
  • Factory - Upper Floor: Rent S$1.57 psf/mth
  • High-Tech: Rent S$3.56 psf/mth
  • Prime Logistics - Ground Floor: Rent S$1.92 psf/mth
  • Prime Logistics - Upper Floor: Rent S$1.74 psf/mth
  • Warehouse - Ground Floor: Rent S$1.81 psf/mth
  • Warehouse - Upper Floor: Rent S$1.49 psf/mth
Singapore Industrial MarketBeat Q2 2026

Official series (JTC, 2026Q3): Multiple-User Factory occupancy (island-wide) 90.3% (-0.7 pp on the year) · Single-User Factory occupancy (island-wide) 89.1% (0 pp on the year) · Warehouse occupancy (island-wide) 89.7% (+0.1 pp on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

5

Who's registered at 38 Liu Fang Road?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 38 Liu Fang Road as their registered address. These are registered businesses, not who occupies the space.
  • Manufacturing
    0
  • Wholesale and retail trade
    0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

6

Frequently asked questions about 38 Liu Fang Road

Where is 38 Liu Fang Road?⌄

38 Liu Fang Road is at 38 Liu Fang Road, Singapore 628686, in the Boon Lay planning area.

What is the tenure of 38 Liu Fang Road?⌄

38 Liu Fang Road is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 38 Liu Fang Road sold for?⌄

Across 1 recorded transaction, the median is S$38 psf. The latest was in January 1999.

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