IndustrialRESIDENTIALFreeholdDistrict 23 · Bukit Batok

Hillview Industrial Estate

Reviewed by Nathan TangUpdated 10 August 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. 2 units are currently listed for sale or rent. ACRA records 4 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
Transactions on record
1 (records start 1995)
Live listings
2
ACRA registrations
4
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.

5

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.

6

What is available at Hillview Industrial Estate right now?

Key takeaway2 units are currently listed at Hillview Industrial Estate1 for sale and 1 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • Hills TwoOneS$6.50M · 4,150 sqft

For rent (1)

  • Hills TwoOneS$14k/mo · 6,000 sqft

Browse every listing at this building →

7

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.

8

How many companies are registered at Hillview Industrial Estate?

Key takeawayACRA records 4 live company registrations at this address, 2 of them in the last three years.
Live registrations
4
Registered last 3 years
2

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.

9

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.

10

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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