PropKaki
IndustrialFreeholdDistrict 25 · Sungei Kadut

Innovation Place

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 1996
Quick Summary

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. 28 units are currently listed for sale or rent. ACRA records 0 live company registrations at this address.

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1

What are the key facts about Innovation Place?

Key takeawayInnovation Place is a industrial building in District 25 · Sungei Kadut, held freehold.
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
28
ACRA registrations
0
2

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.

3

What has Innovation Place sold for?

Key takeaway3 transactions are on record since 1995, most recently in Jul 1996 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jul 1996Multiple-user FactoryS$822k1,432 sqft$574
Jul 1996Multiple-user FactoryS$828k1,432 sqft$579
Jul 1996Multiple-user FactoryS$802k1,432 sqft$560

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.

4

How does Mandai Estate price?

Key takeawayMandai Estate's current JTC street rent is S$22.06 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 3.0% (2.8% net of property tax).
Strata sales on the street (5y)
212
Street median PSF (strata)
$904
Indicative street yield
3.0% gross
2.8% 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.

5

What is available at Innovation Place right now?

Key takeaway28 units are currently listed at Innovation Place — 13 for sale and 15 for rent. One row per unit; several agents often market the same unit.

For sale (13)

  • Food Vision @ MandaiS$2.32M · 1,722 sqft
  • Food vision @ MandaiS$4.60M · 3,498 sqft
  • Food vision @ MandaiS$2.16M · 1,733 sqft
  • CT FoodNex Food FactoryS$3.00M · 1,819 sqft

For rent (15)

  • Innovation PlaceS$4k/mo · 1,616 sqft
  • Innovation PlaceS$3k/mo · 1,432 sqft
  • Mandai EstateS$5k/mo · 3,000 sqft
  • Food Vision @ MandaiS$8k/mo · 3,444 sqft

Browse every listing at this building →

6

How many companies are registered at Innovation Place?

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.

7

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$14.61 psm/month — an all-time median from 2000 onwards, not a current rent.
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.

8

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.

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