IndustrialFreeholdDistrict 23 · Bukit Batok

Hillview Industrial Estate

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2012
Quick Summary

Hillview Industrial Estate is a industrial building in District 23 · Bukit Batok. It is freehold. 1 transaction is on record since 1995, most recently in Nov 2012. ACRA records 0 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, held freehold.
Asset class
Industrial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Freehold
District / Area
District 23 · Bukit Batok
Address
25,27 Hillview Terrace
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 Hillview Industrial Estate

Hillview Industrial Estate is an industrial estate in Bukit Batok (District 23). It is located along Hillview Terrace, Singapore 669236.

The site is freehold.

1 transaction has been recorded here, at a median of S$952 psf. The most recent was in November 2012.

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.

3

What has Hillview Industrial Estate sold for?

Key takeaway1 transaction is on record since 1995, most recently in Nov 2012 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2012Single-user FactoryS$10.20M10,718 sqft$952

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

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.

5

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.

6

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.

7

How many companies are registered at Hillview Industrial Estate?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
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.

8

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.

9

Frequently asked questions about Hillview Industrial Estate

Where is Hillview Industrial Estate?⌄

Hillview Industrial Estate is at 25,27 Hillview Terrace, Singapore 669236, in the Bukit Batok planning area.

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$952 psf. The latest was in November 2012.

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.

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