IndustrialRESIDENTIALFreeholdDistrict 23 · Bukit Batok

Hillview Warehouse

Reviewed by Nathan TangUpdated 8 November 2026Data through Feb 2026
Quick Summary

Hillview Warehouse is a industrial building in District 23 · Bukit Batok, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 1.62. It is freehold. 32 transactions are on record since 1995, at a median S$465 psf, most recently in Feb 2026. 4 units are currently listed for sale or rent. ACRA records 41 live company registrations at this address.

1

What are the key facts about Hillview Warehouse?

Key takeawayHillview Warehouse is a industrial building in District 23 · Bukit Batok, zoned RESIDENTIAL, held freehold.
Asset class
Industrial
Land-use zone
RESIDENTIAL
Gross plot ratio
1.62
Tenure
Freehold
District / Area
District 23 · Bukit Batok
Address
29 Hillview Terrace
Land area
2,666 sqm
Completed
Not on record
Storeys
6 (© OpenStreetMap contributors)
Strata lots (whole development, MCST)
35
Managing agent
EARNEST MANAGEMENT SERVICES PTE LTD
Strata formed
1985 (MCST 0935)
Units with a recorded sale
At least 23
Transactions on record
32 (records start 1995)
Live listings
4
ACRA registrations
41
2

About Hillview Warehouse

Hillview Warehouse is a mixed-use building in Bukit Batok (District 23). It is located along Hillview Terrace, Singapore 669245.

Under the URA Master Plan the site is zoned Residential with a gross plot ratio of 1.62.

The site is freehold. It sits on about 2,666 sqm of land with roughly 4,318 sqm of gross floor area.

32 transactions have been recorded here, at a median of S$465 psf. The most recent was in February 2026.

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 5.9 km away. The closest business-park zone is about 2.6 km away. The nearest MRT is Bukit Gombak MRT, 957 m away (about a 15-minute walk). The closest bus stop (Opp Blk 258) is 152 m away (about a 2-minute walk).

58 businesses are currently registered at this address with ACRA.

3

What is Hillview Warehouse zoned as?

Key takeawayHillview Warehouse sits on land zoned RESIDENTIAL with a gross plot ratio of 1.62.
Land-use zone
RESIDENTIAL
Gross plot ratio
1.62

Run the full zoning report for this building →

4

What has Hillview Warehouse sold for?

Key takeawayAcross 32 recorded transactions since 1995, the median price is about S$819k, most recently in Feb 2026.
DateUsePriceAreaPSF
Feb 2026WarehouseS$1.30M1,905 sqft$682
May 2025WarehouseS$1.19M1,862 sqft$639
Mar 2025WarehouseS$1.35M1,862 sqft$725
Dec 2023WarehouseS$2.50M3,197 sqft$782
Aug 2023WarehouseS$1.16M1,679 sqft$690
Jun 2021WarehouseS$850k1,722 sqft$494
Jun 2021WarehouseS$930k1,862 sqft$499
Dec 2020WarehouseS$620k1,195 sqft$519
Jul 2020WarehouseS$730k1,679 sqft$435
Jun 2019WarehouseS$1.50M3,584 sqft$418

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 Warehouse rent for?

Key takeawayNo rent is published for Hillview Warehouse 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 Warehouse

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 Warehouse

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 3 units for rent; 1 unit for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 2 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.

Sale: 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.

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 Warehouse?

Key takeawayURA's planning decisions at Hillview Warehouse 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. 22 Jun 2018RefusedFloor 2
    Change of use to fitness centre

    Proposed change of use of unit #02-XX to fitness centre on lot 02083v mk10 at 29 hillview terrace - hillview warehouse (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 Warehouse right now?

Key takeaway4 units are currently listed at Hillview Warehouse — 1 for sale and 3 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • Hillview Warehouse2 agentsS$1.38M · 1,722 sqft

For rent (3)

  • Hillview WarehouseS$1k/mo · 450 sqft
  • Hillview Warehouse2 agentsS$1k/mo · 400 sqft
  • Hillview WarehouseS$1k/mo · 400 sqft

Browse every listing at this building →

11

What is near Hillview Warehouse?

Key takeawayThe nearest MRT/LRT is Bukit Gombak MRT, about 957 m away.

Getting around

Amenities nearby

Opp Blk 258 · 152 mEducational Institution · 349 mOng Clinic & Surgery · 355 mBukit Batok MRT Exit A · 929 m

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at Hillview Warehouse

Key takeawayThe nearest station is Bukit Batok (NS2), 929 m away — a busy station, with about 63,000 taps in and out on an average weekday. 9 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 84% of industrial buildings

nearest MRT/LRT Bukit Batok (NS2) 929 m, about 63,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 9, about 12,000 taps a weekday; Bukit Batok: 33,792 resident workers (Census 2020, by workplace); about 50,000 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.

Stations within 1 km

  • Bukit Batok (NS2)929 m · about 63,000 weekday taps
  • Bukit Gombak (NS3)941 m · about 42,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Hillview Warehouse. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with about 12,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Hillview Terrace (URA)28 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)183 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 312 car lots
  • Blk 242/253 Bukit Batok East Avenue 2/5 (HDB)285 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)340 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 235 car lots
  • Blk 238/241 Bukit Batok East Avenue 5 (HDB)379 m
    S$0.60 per half-hour at midday on a weekday · gantry 5.4 m

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 Warehouse's own car park, if it has one, and its charges are not in the open data.

13

Who's registered at Hillview Warehouse?

Key takeaway41 live companies (and LLPs and branches; sole proprietors are not counted) list Hillview Warehouse as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    11
  • Transportation and storage
    10
  • Professional, scientific and technical services
    7
  • Construction
    5
  • Administrative and support services
    4
  • Information and communications
    2
  • Arts, entertainment and recreation
    2
  • Manufacturing
    0
  • Water supply, sewerage and waste management
    0
  • Financial and insurance
    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.

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 Warehouse

Where is Hillview Warehouse?⌄

Hillview Warehouse is at 29 Hillview Terrace, Singapore 669245, in the Bukit Batok planning area.

What is Hillview Warehouse zoned as?⌄

Hillview Warehouse is zoned Residential under the URA Master Plan, with a gross plot ratio of 1.62.

What is the tenure of Hillview Warehouse?⌄

Hillview Warehouse is freehold.

What have units at Hillview Warehouse sold for?⌄

Across 32 recorded transactions, the median is S$465 psf. The latest was in February 2026.

What does industrial space near Hillview Warehouse 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 Warehouse itself.

What is the nearest MRT station to Hillview Warehouse?⌄

Bukit Gombak MRT is the closest, 957 m away (about a 15-minute walk).

How many businesses are registered at Hillview Warehouse?⌄

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

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