Innovation Place
Innovation Place is a industrial building in District 25 · Sungei Kadut. It is freehold. 3 transactions are on record since 1995, most recently in Jul 1996. ACRA records 0 live company registrations at this address.
What are the key facts about Innovation Place?
- Asset class
- Industrial
- Land-use zone
- Not on record
- Gross plot ratio
- —
- Tenure
- Freehold
- District / Area
- District 25 · Sungei Kadut
- Address
- Mandai Estate
- Land area
- —
- Transactions on record
- 3 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About Innovation Place
Innovation Place is an industrial building in Sungei Kadut (District 25). It is located along Mandai Estate.
The site is freehold.
3 transactions have been recorded here, at a median of S$574 psf. The most recent was in July 1996.
Across JTC's rental returns for Mandai Estate, the median rent for industrial space on this street works out to about S$1.36 psf per month over 102 observations. Observed medians on the street span S$0.59 to S$2.19 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.
1 industrial project is still uncompleted on this street, adding about 11,950 sqm of gross floor area, the earliest due around 2027.
What has Innovation Place sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jul 1996 | Multiple-user Factory | S$802k | 1,432 sqft | $560 |
| Jul 1996 | Multiple-user Factory | S$822k | 1,432 sqft | $574 |
| Jul 1996 | Multiple-user Factory | S$828k | 1,432 sqft | $579 |
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.
How does Mandai Estate price?
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.
How many companies are registered at Innovation Place?
- 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.
What does industrial space rent for on this street?
- Street rent, median
- S$14.61 psm/mo
- Observed range
- S$6.38 – S$23.54
- Pipeline on this street
- 1 project · earliest TOP 2027
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.
Frequently asked questions about Innovation Place
Where is Innovation Place?⌄
Innovation Place is at Mandai Estate, in the Sungei Kadut planning area.
What is the tenure of Innovation Place?⌄
Innovation Place is freehold.
What have units at Innovation Place sold for?⌄
Across 3 recorded transactions, the median is S$574 psf. The latest was in July 1996.
What does industrial space near Innovation Place rent for?⌄
JTC's rental returns for Mandai Estate put the median at about S$1.36 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Mandai Estate, not a rent quoted for Innovation Place itself.
The facts are here — now get the verdict on Innovation Place.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.