Innovation Place

Innovation Place is a freehold industrial property completed in 2009. The development occupies a land area of 22,622 sqm and a Gross Floor Area of 56,508 sqm.

INNOVATION PLACE is located along Mandai Estate in Sungei Kadut, in District 25. It is accessible through the nearest MRTs including Yew Tee NS5 and Kranji NS7. Other nearby amenities include: 3 Grocerie(s): AJMAL TRADE MART PTE. LTD., BISMILLAH MINIMART PTE. LTD., SADIA MINIMART PTE LTD.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 699 psf in Sep 2023 for a 1,432 sqft unit for Factory (All Types), S$ 1,129 psf in Oct 2024 for a 1,690 sqft unit for Warehouse. Its lowest recorded transaction was S$ 651 psf in Apr 2024 for a 1,690 sqft unit for Factory (All Types), S$ 751 psf in Jun 1996 for a 1,346 sqft unit for Warehouse.

Buyers and tenants are attracted to District 25, which comprises of Woodlands, Admiralty and Kranji. Although the area is predominantly residential, a large area in Woodlands and Admiralty is designated for industrial use. Woodlands is home to the Woodlands Civic centre, a one-stop service hub to cater to the administrative needs of residents. The neighbourhood also houses the Woodlands Regional Library, one of the largest libraries in Singapore. Causeway Point Shopping centre, one of the largest malls in Singapore, also includes a cinema and two food courts. A notable landmark in this district is the Singapore Racecourse in Kranji, which was opened in 2000 as a replacement for the Bukit Timah Race Course.

Covering 13,500ha, the North Region is one of the five regions in Singapore. Located further from the Central Business District (CBD), the North Region offers ample greenery as well as a variety of work and play options. These include integrated developments such as Bukit Canberra, an integrated sport and community hub, and the upcoming Woodlands Health Campus, which will open progressively from the end of 2023. When fully opened, the Woodlands Health Campus will have around 1,400 beds to cater to residents in the North Region. The region will also benefit from enhanced connectivity as strategized in the Master Plan 2019. More cycling paths and park connectors will be constructed, with the WoodsVista Gallery offering pedestrian and cycling pathways connecting Woodlands MRT, Admiralty Park and Woodlands Waterfront Park.