PropKaki
IndustrialRESIDENTIALFreeholdDistrict 23 · Bukit Batok

Lam Soon Industrial Building

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

Lam Soon Industrial Building 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. 89 transactions are on record since 1995, most recently in Jul 2026. 28 units are currently listed for sale or rent. ACRA records 323 live company registrations at this address.

The facts are here — now get the verdict on Lam Soon Industrial Building.Ask PropKaki
1

What are the key facts about Lam Soon Industrial Building?

Key takeawayLam Soon Industrial Building 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
63 Hillview Avenue
Land area
21,452 sqm
Transactions on record
89 (records start 1995)
Live listings
28
ACRA registrations
323
2

About Lam Soon Industrial Building

Lam Soon Industrial Building is a mixed-use building in Bukit Batok (District 23). It is located along Hillview Avenue, Singapore 669569.

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 21,452 sqm of land with roughly 34,753 sqm of gross floor area.

89 transactions have been recorded here, at a median of S$580 psf. The most recent was in July 2026.

Across JTC's rental returns for Hillview Avenue, the median rent for industrial space on this street works out to about S$1.50 psf per month over 102 observations. Observed medians on the street span S$0.58 to S$2.02 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 6.6 km away. The closest business-park zone is about 3.3 km away. The nearest MRT is Hume MRT, 718 m away (about a 11-minute walk). The closest bus stop (Opp Hillbrooks) is 90 m away (about a 1-minute walk).

323 businesses are currently registered at this address with ACRA.

3

What is Lam Soon Industrial Building zoned as?

Key takeawayLam Soon Industrial Building 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 Lam Soon Industrial Building sold for?

Key takeawayAcross 89 recorded transactions since 1995, the median price is about S$1.65M, most recently in Jul 2026.
DateUsePriceAreaPSF
Jul 2026Multiple-user FactoryS$2.06M2,325 sqft$888
Jun 2026Multiple-user FactoryS$2.76M3,369 sqft$819
Mar 2026Multiple-user FactoryS$1.59M1,927 sqft$825
Sept 2025Multiple-user FactoryS$2.29M2,788 sqft$821
Jul 2025Multiple-user FactoryS$3.12M4,112 sqft$758
May 2025Multiple-user FactoryS$1.28M1,410 sqft$908
Mar 2025Multiple-user FactoryS$1.96M2,336 sqft$840
Feb 2025Multiple-user FactoryS$2.70M3,326 sqft$812
Oct 2024Multiple-user FactoryS$2.20M2,530 sqft$870
Sept 2024Multiple-user FactoryS$1.85M2,325 sqft$798

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 Avenue price?

Key takeawayHillview Avenue's current JTC street rent is S$20.61 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 2.8% (2.5% net of property tax).
Strata sales on the street (5y)
28
Street median PSF (strata)
$776
Indicative street yield
2.8% gross
2.5% 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 Lam Soon Industrial Building right now?

Key takeaway28 units are currently listed at Lam Soon Industrial Building — 6 for sale and 22 for rent. One row per unit; several agents often market the same unit.

For sale (6)

  • Lam Soon Industrial Building2 agentsS$1.70M · 1,700 sqft
  • Lam Soon Industrial Building2 agentsS$2.09M · 2,325 sqft
  • Lam Soon Industrial BuildingS$2.92M · 3,320 sqft
  • Lam Soon Industrial Building2 agentsS$4.77M · 3,670 sqft

For rent (22)

  • Lam Soon Industrial Building3 agentsS$1k/mo · 264 sqft
  • Lam Soon Industrial Building12 agentsS$13k/mo · 6,114 sqft
  • Lam Soon Industrial BuildingS$1k/mo · 184 sqft
  • Lam Soon Industrial Building2 agentsS$1k/mo · 334 sqft

Browse every listing at this building →

7

What is near Lam Soon Industrial Building?

Key takeawayThe nearest MRT/LRT is Hume MRT, about 719 m away.

Getting around

Amenities nearby

Opp Hillbrooks · 90 mEducational Institution · 375 mHealthcare Medical @ Rail Mall · 589 mHume MRT Exit 1 · 657 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Lam Soon Industrial Building?

Key takeawayACRA records 323 live company registrations at this address, 60 of them in the last three years.
Live registrations
323
Registered last 3 years
60

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$16.15 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$16.15 psm/mo
Observed range
S$6.19 – S$21.78

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 Lam Soon Industrial Building

Where is Lam Soon Industrial Building?⌄

Lam Soon Industrial Building is at 63 Hillview Avenue, Singapore 669569, in the Bukit Batok planning area.

What is Lam Soon Industrial Building zoned as?⌄

Lam Soon Industrial Building is zoned Residential under the URA Master Plan, with a gross plot ratio of 1.62.

What is the tenure of Lam Soon Industrial Building?⌄

Lam Soon Industrial Building is freehold.

What have units at Lam Soon Industrial Building sold for?⌄

Across 89 recorded transactions, the median is S$580 psf. The latest was in July 2026.

What does industrial space near Lam Soon Industrial Building rent for?⌄

JTC's rental returns for Hillview Avenue put the median at about S$1.50 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Hillview Avenue, not a rent quoted for Lam Soon Industrial Building itself.

What is the nearest MRT station to Lam Soon Industrial Building?⌄

Hume MRT is the closest, 718 m away (about a 11-minute walk).

How many businesses are registered at Lam Soon Industrial Building?⌄

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

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