Lam Soon Industrial Building
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*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.
**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.
Description
Lam Soon Industrial Building is a freehold commercial property. The development occupies a land area of 21,453 sqm and a Gross Floor Area of 34,753 sqm.
LAM SOON INDUSTRIAL BUILDING is located along Hillview Avenue in Bukit Batok, in District 23. It is accessible through the nearest MRTs including Hillview DT3 and Bukit Gombak NS3. Other nearby amenities include: 2 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 2 Shopping Mall(s): The Rail Mall, HillV2.
Based on transaction data in the last 12 months, the highest recorded transaction was S$ 865 psf in Jun 2024 for a 2,013 sqft unit for Factory (All Types), S$ 747 psf in Jun 2022 for a 4,123 sqft unit for Warehouse. Its lowest recorded transaction was S$ 759 psf in Apr 2024 for a 6,114 sqft unit for Factory (All Types), S$ 747 psf in Jun 2022 for a 4,123 sqft unit for Warehouse.
Buyers and tenants are attracted to District 23, which covers Choa Chu Kang, Bukit Batok, Hillview and Bukit Panjang. Choa Chu Kang's name was derived from "kangchu", which refers to plantation owners in Teochew. Originally a kampung, the town has evolved into a modern neighbourhood with strong public transport links and two shopping malls. One of which is Lot One Shoppers’ Mall, a mall located next to the Choa Chu Kang MRT station offering various retail and dining options. Walking along Choa Chu Kang Park, visitors can also still see old fruit tree plantations. Bukit Batok is home to many natural landmarks, such as Bukit Batok Town Park, Bukit Batok Nature Park, Bukit Batok Hill and Little Guilin, which bears a resemblance of Guilin in China, offering a view of towering granite rock sitting within a lake. The main shopping mall is West Mall, which has a public library, post office and cinema within its compounds.
With a land area of 25,500ha, the West Region is the largest of the five regions in Singapore. Jurong East is the regional centre of the region, while Jurong West is the most populous town in the region. A large number of Singapore's heavy industry companies are concentrated in the West Region. These are mainly petrochemical companies, comprising of international players such as BP, ExxonMobil, DuPont, Mitsui Chemicals and Shell. The West Region is also at the forefront of the government's industrial development efforts. The government plans to develop the Jurong Lake District and Jurong Innovation District into the second Central Business District (CBD) area in Singapore. Additionally, the Tuas Mega Port, upon completion in the 2040s, is anticipated to be the world's single largest container port with an annual capacity of 65 million TEUs.
LAM SOON INDUSTRIAL BUILDING is located along Hillview Avenue in Bukit Batok, in District 23. It is accessible through the nearest MRTs including Hillview DT3 and Bukit Gombak NS3. Other nearby amenities include: 2 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 2 Shopping Mall(s): The Rail Mall, HillV2.
Based on transaction data in the last 12 months, the highest recorded transaction was S$ 865 psf in Jun 2024 for a 2,013 sqft unit for Factory (All Types), S$ 747 psf in Jun 2022 for a 4,123 sqft unit for Warehouse. Its lowest recorded transaction was S$ 759 psf in Apr 2024 for a 6,114 sqft unit for Factory (All Types), S$ 747 psf in Jun 2022 for a 4,123 sqft unit for Warehouse.
Buyers and tenants are attracted to District 23, which covers Choa Chu Kang, Bukit Batok, Hillview and Bukit Panjang. Choa Chu Kang's name was derived from "kangchu", which refers to plantation owners in Teochew. Originally a kampung, the town has evolved into a modern neighbourhood with strong public transport links and two shopping malls. One of which is Lot One Shoppers’ Mall, a mall located next to the Choa Chu Kang MRT station offering various retail and dining options. Walking along Choa Chu Kang Park, visitors can also still see old fruit tree plantations. Bukit Batok is home to many natural landmarks, such as Bukit Batok Town Park, Bukit Batok Nature Park, Bukit Batok Hill and Little Guilin, which bears a resemblance of Guilin in China, offering a view of towering granite rock sitting within a lake. The main shopping mall is West Mall, which has a public library, post office and cinema within its compounds.
With a land area of 25,500ha, the West Region is the largest of the five regions in Singapore. Jurong East is the regional centre of the region, while Jurong West is the most populous town in the region. A large number of Singapore's heavy industry companies are concentrated in the West Region. These are mainly petrochemical companies, comprising of international players such as BP, ExxonMobil, DuPont, Mitsui Chemicals and Shell. The West Region is also at the forefront of the government's industrial development efforts. The government plans to develop the Jurong Lake District and Jurong Innovation District into the second Central Business District (CBD) area in Singapore. Additionally, the Tuas Mega Port, upon completion in the 2040s, is anticipated to be the world's single largest container port with an annual capacity of 65 million TEUs.
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Nearby Amenities
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Sales Transaction of Hillview Avenue
Source: URA, https://www.edgeprop.sg
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Asking Price of LAM SOON INDUSTRIAL BUILDING
Source: URA, https://www.edgeprop.sg
For Sales
For Rent
Rental Transactions of Hillview Avenue
Source: URA, https://www.edgeprop.sg
Transactions Within 1000M In The Last 12 Months
Source: URA, https://www.edgeprop.sg
Transactions Within 1000M In The Last 12 Months (By Street)
Source: URA, https://www.edgeprop.sg
Price Comparison with Nearby Properties (UP to 10)
(Within 1000 meters)
Source: URA, https://www.edgeprop.sg
Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.
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