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
- —
- Completed
- Not on record
- Storeys
- Not on record
- Strata units (MCST)
- 36
- Strata formed
- 1986 (MCST 1188)
- Units with a recorded sale
- At least 1
- 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 | $359 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Lip Hing Industrial Building rent for?
Strata factory space on Pemimpin Drive
Street level · 2026Q3S$ per sq ft per month (median only published) · median -0.8% 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 Lip Hing 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 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.