Lam Soon Industrial Building
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. 90 transactions are on record since 1995, at a median S$580 psf, most recently in Aug 2026. 26 units are currently listed for sale or rent. ACRA records 257 live company registrations at this address.
What are the key facts about Lam Soon Industrial Building?
- 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
- Completed
- Not on record
- Storeys
- 10 (© OpenStreetMap contributors)
- Strata lots (whole development, MCST)
- 111
- Managing agent
- 360 INTEGRATED FM & SM PTE LTD
- Strata formed
- 1988 (MCST 1389)
- Units with a recorded sale
- At least 71
- Transactions on record
- 90 (records start 1995)
- Live listings
- 26
- ACRA registrations
- 257
Who owns Lam Soon Industrial Building, and what is it valued at?
- Announced 5 Jul 2013 · completed 27 Sep 2013CIT sold a 69.4% interest in 63 Hillview Avenue for S$140.8 million (sale consideration) to Wholly-owned subsidiaries of QF Properties Pte. Ltd..
Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.
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.
What is Lam Soon Industrial Building zoned as?
- Land-use zone
- RESIDENTIAL
- Gross plot ratio
- 1.62
What has Lam Soon Industrial Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Aug 2026 | Multiple-user Factory | S$2.85M | 3,369 sqft | $846 |
| Jul 2026 | Multiple-user Factory | S$2.06M | 2,325 sqft | $888 |
| Jun 2026 | Multiple-user Factory | S$2.76M | 3,369 sqft | $819 |
| Mar 2026 | Multiple-user Factory | S$1.59M | 1,927 sqft | $825 |
| Sept 2025 | Multiple-user Factory | S$2.29M | 2,788 sqft | $821 |
| Jul 2025 | Multiple-user Factory | S$3.12M | 4,112 sqft | $758 |
| May 2025 | Multiple-user Factory | S$1.28M | 1,410 sqft | $908 |
| Mar 2025 | Multiple-user Factory | S$1.96M | 2,336 sqft | $840 |
| Feb 2025 | Multiple-user Factory | S$2.70M | 3,326 sqft | $812 |
| Oct 2024 | Multiple-user Factory | S$2.20M | 2,530 sqft | $870 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Lam Soon Industrial Building rent for?
Strata factory space in this building
This building · 2026Q3S$ per sq ft per month · median +5.1% on a year earlier
JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.
Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.
Strata factory space on Hillview Avenue
Street level · 2026Q3S$ per sq ft per month (median only published) · median +3.8% on a year earlier
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.
Market context around Lam Soon Industrial Building
- 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
- 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
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.
How fast units move at Lam Soon Industrial Building
Rent: between 6 Aug 2026 and 28 Aug 2026, 2 new listings appeared and 3 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.
What's been approved at Lam Soon Industrial Building?
- 21 Sept 2026RenewedFloor 1Continued use as industrial canteen
Continued use of part unit #01-XX from factory to industrial canteen at existing factory building
- 12 Mar 2026RenewedFloor 1Continued use as warehouse
Cotninued use of unit #01-XX as warehouse (coldstore)
- 22 Sept 2025ApprovedFloor 1Change of use to student care centre
Proposed change of use of #01-XX to student care centre
- 11 Feb 2025ApprovedFloor 1Change of use to warehouse
Proposed change of use of #01-XX and #01-XX to warehouse
- 1 Oct 2024ApprovedFloor 9Change of use to warehouse
Proposed change of use of #09-XX lam soon industrial building to warehouse
- 26 Dec 2023RefusedFloor 1Change of use to gym/fitness centre
Proposed change of use of unit #01-XX to gym/fitness centre
- 12 Dec 2023ApprovedFloor 1Change of use to childcare centre
Proposed change of use of units #01-XX, #01-XX and #01-XX to childcare centre
- 31 Oct 2023RenewedFloor 1Continued use as industrial canteen
Continued use of part unit #01-XX from factory to industrial canteen at existing factory building
- 11 May 2023ApprovedFloor 1Change of use to warehouse
Proposed change of use of unit #01-XX to warehouse (coldstore)
- 11 May 2023ApprovedFloor 1Change of use to warehouse
Proposed change of use of factory units #01-XX, #01-XX and #01-XX to warehouse (coldstore)
- 29 Nov 2022RefusedFloor 8Change of use: urban farming → gym/fitness centre
Proposed change of use of unit #08-XX from urban farming to gym/fitness centre
- 13 Oct 2021RenewedFloor 1Continued use as industrial canteen
Continued use of part unit #01-XX from factory to industrial canteen at existing factory building
9 earlier change-of-use and A&A decisions are on record since 2000.
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).
How does Hillview Avenue 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.
What is available at Lam Soon Industrial Building right now?
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 (20)
- Lam Soon Industrial BuildingS$1k/mo · 192 sqft
- Lam Soon Industrial BuildingS$1k/mo · 300 sqft
- Lam Soon Industrial Building3 agentsS$1k/mo · 264 sqft
- Lam Soon Industrial BuildingS$1k/mo · 184 sqft
What is near Lam Soon Industrial Building?
Getting around
- Hume MRT719 m · ~11 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Lam Soon Industrial Building
nearest MRT/LRT Hume (DT4) 657 m, about 4,746 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 10, about 7,028 taps a weekday; Bukit Batok: 33,792 resident workers (Census 2020, by workplace); about 29,000 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
- Hume (DT4)657 m · 4,746 weekday taps
- Hillview (DT3)733 m · about 14,000 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 Lam Soon Industrial Building. Transfers between lines don't tap, so interchanges read low.
Bus
10 bus stops within 400 m, with 7,028 boardings and alightings on an average weekday.
Who's registered at Lam Soon Industrial Building?
- Wholesale and retail trade76
- Accommodation and food services44
- Construction32
- Financial and insurance21
- Manufacturing18
- Information and communications17
- Professional, scientific and technical services14
- Administrative and support services14
- Transportation and storage7
- Real estate4
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.
What does industrial space rent for on this street?
- 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.
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.
The facts are here — now get the verdict on Lam Soon Industrial Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
