IndustrialRESIDENTIALFreeholdDistrict 23 · Bukit Batok

Hillview Industrial Estate

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2006
Quick Summary

Hillview Industrial Estate is a industrial building in District 23 · Bukit Batok, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 1.92. It is freehold. 1 transaction is on record since 1995, most recently in Nov 2006. 1 unit is currently listed for rent. ACRA records 3 live company registrations at this address.

1

What are the key facts about Hillview Industrial Estate?

Key takeawayHillview Industrial Estate is a industrial building in District 23 · Bukit Batok, zoned RESIDENTIAL, held freehold.
Asset class
Industrial
Land-use zone
RESIDENTIAL
Gross plot ratio
1.92
Tenure
Freehold
District / Area
District 23 · Bukit Batok
Address
18 Hillview Terrace
Land area
573 sqm
Completed
Not on record
Storeys
9 (© OpenStreetMap contributors)
Strata lots (whole development, MCST)
193
Managing agent
CHAMBERS PROPERTY MANAGEMENT SERVICES PTE LTD
Strata formed
2017 (MCST 4524)
Transactions on record
1 (records start 1995)
Live listings
1
ACRA registrations
3
2

About Hillview Industrial Estate

Hillview Industrial Estate is a mixed-use estate in Bukit Batok (District 23). It is located along Hillview Terrace, Singapore 669229.

Under the URA Master Plan the site is zoned Residential with a gross plot ratio of 1.92.

The site is freehold. It sits on about 573 sqm of land with roughly 928 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$307 psf. The most recent was in November 2006.

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.

The nearest port or airport land is about 6.0 km away. The closest business-park zone is about 2.7 km away. The closest bus stop (The Petals Condo) is 100 m away (about a 2-minute walk).

4 businesses are currently registered at this address with ACRA.

3

What is Hillview Industrial Estate zoned as?

Key takeawayHillview Industrial Estate sits on land zoned RESIDENTIAL with a gross plot ratio of 1.92.
Land-use zone
RESIDENTIAL
Gross plot ratio
1.92

Run the full zoning report for this building →

4

What has Hillview Industrial Estate sold for?

Key takeaway1 transaction is on record since 1995, most recently in Nov 2006 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2006Single-user FactoryS$1.50M4,887 sqft$307

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

5

What does space at Hillview Industrial Estate rent for?

Key takeawayNo rent is published for Hillview Industrial Estate itself. On its street, Hillview Terrace, strata factory space rented at a median of $2.00 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Hillview Terrace

Street level · 2026Q3
25th pct
—
— psm
Median
$2.00
$21.53 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +16.3% on a year earlier

2023Q3 · $16.15 psm2026Q3 · $21.53 psm median

This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.

Source: JTC J-SPACE, rental of industrial space by street.

6

Market context around Hillview Industrial Estate

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.

7

How fast units move at Hillview Industrial Estate

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent; 0 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

8

What's been approved at Hillview Industrial Estate?

Key takeawayURA's planning decisions at Hillview Industrial Estate since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 30 Nov 2021ApprovedFloor 10
    Additions & alterations

    Proposed covering of private roof terrace of unit #10-XX at natura@hillview residential flat on lot 05067x mk10 at 18 hillview terrace (bukit batok planning area)

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

9

How does Hillview Terrace price?

Key takeawayHillview Terrace's current JTC street rent is S$21.53 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 3.4% (3.1% net of property tax).
Strata sales on the street (5y)
12
Street median PSF (strata)
$703
Indicative street yield
3.4% gross
3.1% 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.

10

What is available at Hillview Industrial Estate right now?

Key takeaway1 unit is currently listed at Hillview Industrial Estate. One row per unit; several agents often market the same unit.

For rent (1)

  • Hills TwoOneS$14k/mo · 6,000 sqft

Browse every listing at this building →

11

What is near Hillview Industrial Estate?

Amenities nearby

The Petals Condo · 100 mOng Clinic & Surgery · 351 mEducational Institution · 482 m

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at Hillview Industrial Estate

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Bukit Gombak, 1.0 km away. 5 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 59% of industrial buildings

no MRT/LRT within 1 km (nearest Bukit Gombak, 1.0 km); bus stops within 400 m: 6, about 6,775 taps a weekday; Bukit Batok: 33,792 resident workers (Census 2020, by workplace); about 46,000 residents within 1 km (June 2026). Ranked against 8,225 industrial buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.

Bus

6 bus stops within 400 m, with 6,775 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Hillview Terrace (URA)134 m
    S$0.60 per half-hour at midday on a weekday · season S$90/month · 10 car lots
  • Blk 254/265 Bukit Batok East Avenue 4 (HDB)218 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 312 car lots
  • Bukit Batok East Ave 2 Hvp (URA)399 m
  • Blk 242/253 Bukit Batok East Avenue 2/5 (HDB)415 m
    S$0.60 per half-hour at midday on a weekday · gantry 5.4 m · 427 car lots
  • 241A Bukit Batok East Avenue 5 (HDB)498 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 235 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Public car parks only, by straight-line distance, with the operator's published rates. Hillview Industrial Estate's own car park, if it has one, and its charges are not in the open data.

13

Who's registered at Hillview Industrial Estate?

Key takeaway3 live companies (and LLPs and branches; sole proprietors are not counted) list Hillview Industrial Estate as their registered address. These are registered businesses, not who occupies the space.
  • Accommodation and food services
    2
  • Manufacturing
    1
  • Construction
    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. Homes share this postal code, so some registrations are home-based. ACRA, as of 2026-09-16.

14

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.

15

Frequently asked questions about Hillview Industrial Estate

Where is Hillview Industrial Estate?⌄

Hillview Industrial Estate is at 18 Hillview Terrace, Singapore 669229, in the Bukit Batok planning area.

What is Hillview Industrial Estate zoned as?⌄

Hillview Industrial Estate is zoned Residential under the URA Master Plan, with a gross plot ratio of 1.92.

What is the tenure of Hillview Industrial Estate?⌄

Hillview Industrial Estate is freehold.

What have units at Hillview Industrial Estate sold for?⌄

Across 1 recorded transaction, the median is S$307 psf. The latest was in November 2006.

What does industrial space near Hillview Industrial Estate 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 Hillview Industrial Estate itself.

How many businesses are registered at Hillview Industrial Estate?⌄

4 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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