The Spire

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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 Spire is a leasehold (60 yrs from 1997) industrial property completed in 2002. The development occupies a land area of 21,352 sqm and a Gross Floor Area of 53,380 sqm.

THE SPIRE is located along Bukit Batok Crescent in Bukit Batok, in District 23. It is accessible through the nearest MRTs including Bukit Batok NS2 and Jurong East EW24, NS1. Other nearby amenities include: 3 Childcare Centre(s): BRILLIANT TOTS CHILDCARE, MY FIRST SKOOL, LICDO @ BB PRESCHOOL TEAM PTE. LTD., and 3 Grocerie(s): T S J INDUSTRIAL (S) PTE. LTD., TOH GUAN MINI MART PTE LTD, SHAFEN SUPERMARKET & TRADING (S) PTE. LTD., and 3 Kindergarten(s): PCF SPARKLETOTS PRESCHOOL @ BUKIT BATOK EAST Blk 289G (KN), Iman Kindergarten (Bt. Batok), PCF Bukit Batok East Blk 289G.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 470 psf in Sep 2022 for a 1,701 sqft unit for Factory (All Types). Its lowest recorded transaction was S$ 403 psf in Jan 2022 for a 2,185 sqft unit for Factory (All Types).

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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Sales Transaction of Bukit Batok Crescent (Limited to 10)

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Rental Transactions of Bukit Batok Crescent
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