Lip Hing Industrial Building
Lip Hing Industrial Building is a industrial building in District 20 · Bishan. It is 999-year leasehold. 1 transaction is on record since 1995, most recently in Jun 1999. ACRA records 0 live company registrations at this address.
What are the key facts about Lip Hing Industrial Building?
- Asset class
- Industrial
- Land-use zone
- Not on record
- Gross plot ratio
- —
- Tenure
- 999-year leasehold
- District / Area
- District 20 · Bishan
- Address
- 53 Pemimpin Drive
- Land area
- —
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About Lip Hing Industrial Building
Lip Hing Industrial Building is an industrial building in Bishan (District 20). It is located along Pemimpin Drive.
The site is 999-year leasehold, with about 858 years left to run.
1 transaction has been recorded here, at a median of S$359 psf. The most recent was in June 1999.
Across JTC's rental returns for Pemimpin Drive, the median rent for industrial space on this street works out to about S$2.63 psf per month over 53 observations. Observed medians on the street span S$2.17 to S$3.13 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.
What has Lip Hing Industrial Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jun 1999 | Multiple-user Factory | S$715k | 1,991 sqft | $359 |
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 Pemimpin Drive 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 Lip Hing Industrial Building?
- 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$28.30 psm/mo
- Observed range
- S$23.36 – S$33.64
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 Lip Hing Industrial Building
Where is Lip Hing Industrial Building?⌄
Lip Hing Industrial Building is at 53 Pemimpin Drive, in the Bishan planning area.
What is the tenure of Lip Hing Industrial Building?⌄
Lip Hing Industrial Building is 999-year leasehold. About 858 years remain on the lease.
What have units at Lip Hing Industrial Building sold for?⌄
Across 1 recorded transaction, the median is S$359 psf. The latest was in June 1999.
What does industrial space near Lip Hing Industrial Building rent for?⌄
JTC's rental returns for Pemimpin Drive put the median at about S$2.63 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Pemimpin Drive, not a rent quoted for Lip Hing Industrial Building itself.
The facts are here — now get the verdict on Lip Hing Industrial Building.
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.