Square Foot Research Singapore

Check out more Transaction Price, Rents, Trends and Analysis Data for INNOVATION PLACE on EdgeProp Singapore.
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1. Unit Search  Usage: '20-07', '20-' for storey 20, '-07' for stack 07
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Project Information

Project Name


Street Name

Mandai Estate

Property Type

Warehouse / Factory (All Types)



District / Planning Area

D25 / Sungei Kadut



Indicative price range / Average*

Factory (All Types): S$ 472 - S$ 520 psf / S$ 502 psf
Warehouse: -

Indicative rental range / Average#

Factory (All Types): S$ 1.18 - S$ 1.77 psf pm / S$ 1.52 psf pm
Warehouse: S$ 1.03 - S$ 1.18 psf pm / S$ 1.05 psf pm

Implied rental yield

Factory (All Types): 3.63%
Warehouse: -

Historical high

Factory (All Types): S$ 945 psf in Aug 2014 for a 1,561-sqft unit
Warehouse: S$ 858 psf in Jun 1996 for a 1,539-sqft unit

Indicative average price from historical high

Factory (All Types): -46.9%
Warehouse: -

Historical low

Factory (All Types): S$ 58 psf in Aug 2007 for a 1,561-sqft unit
Warehouse: S$ 187 psf in Aug 2006 for a 1,389-sqft unit

Note: *Based on transactions in the last 6 months. #Based on the street rental data in the last 6 months, may not be representative.


Transaction Prices, Rents, Trends and Analysis

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Nearby properties

Price and rental comparisons (Up to 50)

Note: Excludes properties with no transactions in the past 6 months. *Prices and rents are based on data in the past 6 months. Rents are based on street names and may not be representative of the subject property.
Source: https://www.squarefoot.com.sg
Marker Project Type Tenure Distance
(S$ psf)
(S$ psf)
(S$ psf)
(S$ psf pm)
(S$ psf pm)
(S$ psf pm)
Rental yield
INNOVATION PLACE Factory Freehold - 472 502 520 1.18 1.52 1.77 3.6
MULTI-WIDE INDUSTRIAL BUILDING Factory Freehold 113 571 609 638 1.18 1.52 1.77 3.0
MANDAI INDUSTRIAL BUILDING Factory Freehold 92 445 445 445 1.18 1.52 1.77 4.1
MANDAI INDUSTRIAL BUILDING Warehouse Freehold 92 417 421 424 1.03 1.05 1.18 3.0
ELDIX Factory Freehold 307 520 593 725 1.18 1.52 1.77 3.1
M-SPACE Factory Unknown 190 659 688 729 1.18 1.52 1.77 2.7
MANDAI CONNECTION Factory Unknown 375 126 235 269 1.46 1.61 2.15 8.2

Location of nearby properties

Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg

Nearby land sales / new launches

The developer's estimated breakeven is for subscribers only. Subscribe now to see every bit of information!
Status Street Name Location Land attributes Estimated Breakeven

Sold on 27 Aug 2012

Mandai Link (Now known as Mandai Connection)

Site use Industrial B2
Tenure 30
Site area (sqm) 22,366.0
Site GFA (sqm) 55,915.0
Highest bid ($m) 45.3
Highest bid ($psf) 75.2
Number of bids 2
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX

Sold on 31 Jul 2013

Mandai Link

Site use Industrial B2
Tenure 30
Site area (sqm) 6,891.2
Site GFA (sqm) 17,228.0
Highest bid ($m) 21.3
Highest bid ($psf) 114.9
Number of bids 5
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX


This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely on any of the information herein as authoritative or substitute for the exercise of their own skill and judgment in making any investment or other decision. By the use of our services, you agree that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to Square Foot Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and comprehensive information to generate this report, but we make no representation that it is accurate or complete.


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