Rare 999-Year Industrial Property for Sale at 38D Hillview Terrace, Hillview Industrial Estate, Singapore
Prime Industrial Investment Opportunity in Singapore
An exceptional opportunity is now available to acquire a rare industrial property located at 38D Hillview Terrace, Hillview Industrial Estate, Singapore. This commercial industrial unit offers an outstanding combination of strategic location, generous land size, functional building layout, stable rental income, and significant long-term investment potential.
Properties with a 999-year leasehold tenure are rarely available in Singapore’s industrial market. As a result, this property represents an attractive opportunity for investors, business owners, developers, and companies seeking a premium industrial asset with strong capital appreciation prospects.
Property Overview
Property Name: 38D Hillview Terrace, Hillview Industrial Estate
Property Type: Commercial Industrial Property
Location: Hillview Industrial Estate, Singapore
Tenure: 999-Year Leasehold
Asking Price: SGD 9,200,000
Land Size: Approximately 6,200 Square Feet
Price Per Square Foot: Approximately SGD 1,484 psf
Current Status: Tenanted
Rental Income: Approximately SGD 9,000 Per Month
Lease Expiry: November 2028
Tenant Option: Additional 3-Year Renewal Option
Property Features
This industrial property has been carefully maintained and is designed to support a wide range of commercial and industrial operations.
The building occupies a desirable corner unit, providing greater accessibility, improved visibility, and increased operational flexibility. The corner positioning also allows for easier vehicle movement and loading activities.
One of the property’s key advantages is its large parking space, making it highly suitable for businesses requiring convenient access for employees, customers, suppliers, and delivery vehicles.
The property includes two fully fitted office rooms, allowing administrative operations to be conducted within the same premises as warehouse or production activities. This integrated layout improves workflow efficiency while reducing the need for additional office space elsewhere.
A high ceiling design creates a spacious working environment and provides additional vertical storage capacity. This feature is especially valuable for logistics companies, warehousing operations, light manufacturing businesses, engineering workshops, and industrial storage facilities.
The building also benefits from a dual entrance configuration, allowing separate access points for operational activities. This layout can significantly improve traffic flow, loading efficiency, and overall operational productivity.
Furthermore, the property has been recently repainted, while the roofing has been repaired and upgraded, reducing immediate maintenance requirements and allowing the new owner to commence operations or continue leasing with minimal additional investment.
Excellent Investment Potential
This property offers more than just an industrial building—it represents a long-term investment opportunity in one of Singapore’s established industrial estates.
Its 999-year leasehold tenure is considered extremely attractive compared to shorter leasehold industrial properties commonly found in Singapore. This extended tenure provides greater long-term value preservation and enhances future resale potential.
The property also possesses high en bloc redevelopment potential. Should redevelopment opportunities arise in the future, owners may benefit from significant capital appreciation through collective sale opportunities.
Investors seeking stable rental returns while holding a premium industrial asset for long-term appreciation may find this property particularly appealing.
Stable Rental Income
One of the strongest advantages of this investment is that the property is currently tenanted.
The existing tenant generates approximately SGD 9,000 in monthly rental income, providing immediate cash flow upon acquisition.
The current tenancy agreement runs until November 2028, with an additional three-year renewal option, offering income stability and reducing vacancy risk.
This makes the property suitable for investors who prefer income-producing assets rather than vacant industrial properties requiring immediate tenant sourcing.
Strategic Location
Hillview Industrial Estate is one of Singapore’s established industrial districts, offering excellent accessibility to various commercial and industrial zones across the country.
The location enjoys convenient connectivity through Singapore’s well-developed transportation infrastructure, allowing efficient movement of goods, equipment, and personnel.
Its strategic position makes it suitable for businesses serving customers throughout Singapore while maintaining efficient logistics and operational performance.
Suitable Business Uses
This versatile industrial property can accommodate a wide variety of business activities, including:
Logistics and Distribution Centers
Warehouse Operations
Manufacturing Facilities
Engineering Workshops
Automotive Service Operations
Import and Export Businesses
Industrial Storage Facilities
E-commerce Fulfilment Centers
Corporate Operational Headquarters
Commercial Service Providers
Production and Assembly Facilities
Industrial Investment Portfolio
Why Invest in This Property
Several factors distinguish this property from many industrial units currently available in the Singapore market.
The rare 999-year leasehold tenure provides exceptional long-term ownership security.
The generous land size of approximately 6,200 square feet offers flexibility for various industrial and commercial operations.
The corner unit layout enhances accessibility and operational efficiency.
The spacious parking area supports business activities involving frequent vehicle movement.
Two fitted office rooms reduce renovation costs and allow immediate occupancy.
High ceilings maximize storage capacity and operational flexibility.
Dual entrances improve workflow and logistics management.
Recently completed repainting and roofing repairs minimize immediate maintenance expenses.
The existing tenancy generates stable monthly rental income with a secure lease until November 2028 and an option for extension.
The property’s strong en bloc redevelopment potential offers additional upside for long-term investors.
Investment Summary
For investors seeking a premium industrial property in Singapore, 38D Hillview Terrace, Hillview Industrial Estate represents an outstanding opportunity to acquire a high-quality income-generating asset with long-term growth potential.
Its rare tenure, excellent building specifications, strategic location, reliable rental income, and future redevelopment prospects combine to create a compelling investment opportunity in Singapore’s industrial real estate market.
Whether you are an experienced property investor, a business owner looking to secure your own industrial premises, or an investment company seeking long-term capital appreciation, this property deserves serious consideration due to its unique combination of functionality, income stability, and future value potential.