The Index

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Overview

Sales

Rental

Surrounding

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Details

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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
The Index is a leasehold (30 yrs from 2013) industrial property. The development occupies a land area of 39,579 sqm and a Gross Floor Area of 85,079 sqm.

THE INDEX is located along TUAS SOUTH AVENUE 3 in Tuas, in District 22. It is accessible through the nearest MRTs including Tuas Crescent EW31 and Tuas West Road EW32. Other nearby amenities include: 1 Grocerie: MD SYDUR RAHMAN.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 254 psf in Jan 2022 for a 3,165 sqft unit for Factory (All Types). Its lowest recorded transaction was S$ 254 psf in Jan 2022 for a 3,165 sqft unit for Factory (All Types).

Buyers and tenants are attracted to District 22, which is comprised of Lakeside, Jurong, Boon Lay and Tuas. This district is densely populated with many industrial buildings, but it also has residential estates and landscaped parks. Jurong is Singapore’s industrial area, where its large working population is housed in a mix of old and new housing estates in Boon Lay, Taman Jurong and Hong Kah areas. Due to its rapid development, Jurong has recently been known as the second "Orchard Road" of Singapore, with four shopping malls within walking distance from Jurong East MRT Station. Jurong is also home to the International Business Park, widely labelled as Singapore's second Central Business District. Some present landmarks here are Science Centre Singapore and IMM Shopping Mall. Boon Lay is home to many factories and some old factories are under plans for redevelopment for transformation to modern high-density factories. Tuas is an area completely dedicated to heavy industries where heavy machineries and equipment is manufactured, as well as the production of chemicals and electronics.

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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What they say
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5
"Spacious"
E* Y*****
Google Review     |   25 Mar 2022
5
"Great attention to details. Thank you WMS Global Logistics."
G*** L**
Google Review     |   22 Mar 2021
5
"Great company logistics company to do business with, thank you for the amazing service Andrew and Alan."
G***** J**** R******
Google Review     |   22 Mar 2021
5
"Mola Sub Sea PTE LTD"
R***** H******
Google Review     |   23 Oct 2020
1
"Went to have lunch for only about 30 minutes at The Index coffee shop and received a warning notice. Realized many other vehicles were 'served' with the same notice as well. Please advice me on where can I park my vehicle when most of the parking slots are filled with these metals All these metals shown in my pictures is a potential road safety hazard for all drivers. Furthermore, parking lot means an area within a parking place which is marked out for parking of a single vehicle in that area, not for storage or exhibition of a company's product. Very disappointed with how they manage such a nice and spacious building."
Z****** K***
Google Review     |   11 Mar 2020
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

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Sales Transaction of TUAS SOUTH AVENUE 3

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Asking Price of THE INDEX

Source: URA, https://www.edgeprop.sg

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Rental Transactions of TUAS SOUTH AVENUE 3

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Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
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Listings

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3
$1,100,000

      • Factory / Workshop (B2)
      • D22
      • 2013
      • 30 Years
      • S$ 355 psf
      • TUAS SOUTH AVENUE 3
      Loh Betty
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