Lam Soon Industrial Building

Overview

Sales

Rental

Surrounding

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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
Lam Soon Industrial Building is a freehold industrial 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 1 Shopping Mall: THE RAIL MALL.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 818 psf in Sep 2023 for a 2,788 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$ 688 psf in Nov 2021 for a 3,875 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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What they say
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5
"Great place to buy flowers and fruits"
R**** K**
Google Review     |   27 Jun 2022
5
"Nice place ,good ,clean and fruit and juice very fresh"
J***** X*****
Google Review     |   30 Mar 2022
1
"The fruit juice stall was ridiculous. They do have wide variety of drink choices with a physical menu in stall but 1. You must order the drink via lazada app, they do not accept direct transaction or other payment modes. 2. If the drinks you find on the physical menu is not available on the app, you have to order a drink on the app that is 50 cents more than what you would have paid if it was ordered via direct transaction. Both the drinks I wanted from their menu were not available in the app and therefore I would have had to pay extra even though I was physically there. Sounds ridiculous to me, paying extra with no value added service. I think the drinks stall really need to reconsider their business model."
W** D* T**
Google Review     |   23 Jan 2022
4
"The Flora shop is just amazing."
A**** Q***
Google Review     |   20 Jan 2022
3
"I love the place but PLEASE, fix the cargo lift."
Y** H** T**
Google Review     |   08 Jul 2021
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Nearby Amenities
Source: URA,  www.edgeprop.sg
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Sales Transaction of Hillview Avenue (Limited to 10)

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Asking Price of LAM SOON INDUSTRIAL BUILDING

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

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Price Comparison with Nearby Properties (UP to 10)

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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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