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KING GEORGE'S BUILDING

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Project Information

Project Name

KING GEORGE'S BUILDING

Street Name

King George'S Avenue

Property Type

Factory (All Types) / Shop House

Tenure

Freehold

District / Planning Area

D8 / Kallang

Completion

Unknown

Indicative price range / Average*

Factory (All Types): S$ 1,058 - S$ 1,058 psf / S$ 1,058 psf
Shop House: -

Indicative rental range / Average#

Factory (All Types): -
Shop House: -

Implied rental yield

Factory (All Types): -
Shop House: -

Historical high

Factory (All Types): S$ 1,556 psf in Oct 2021 for a 2,282-sqft unit
Shop House: S$ 1,446 psf in Jan 2014 for a 2,282-sqft unit

Indicative average price from historical high

Factory (All Types): -32.0%
Shop House: -

Historical low

Factory (All Types): S$ 109 psf in Dec 2005 for a 2,777-sqft unit
Shop House: S$ 151 psf in Jun 2008 for a 1,851-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.

Location

Transaction Prices, Rents, Trends and Analysis

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Nearby properties

Price and rental comparisons (Up to 10)

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
(m)
Lowest
price*
(S$ psf)
Average
price*
(S$ psf)
Highest
price*
(S$ psf)
Rental
25th*
(S$ psf pm)
Median
Rental*
(S$ psf pm)
Rental
75th*
(S$ psf pm)
Rental yield
(%)
KING GEORGE'S BUILDING Factory Freehold - 1,058 1,058 1,058 - - - -
ANN CHUAN INDUSTRIAL BUILDING Factory Freehold 79 1,100 1,100 1,100 - - - -
CT HUB 2 Factory 99 Yrs FROM 1976 126 912 1,037 1,138 3.10 3.12 4.13 3.6
CT HUB 2 Office 99 Yrs FROM 1976 126 1,800 1,874 1,934 - 2.69 - 1.7
CT HUB 2 Shop 99 Yrs FROM 1976 126 2,108 2,108 2,108 - 10.15 - 5.8
PEK CHUAN BUILDING Office 99 Yrs FROM 1978 170 1,013 1,013 1,013 - 2.69 - 3.2
PEK CHUAN BUILDING Shop 99 Yrs FROM 1978 170 1,127 1,127 1,127 - 10.15 - 10.8
CT HUB Factory 99 Yrs FROM 1979 203 1,026 1,026 1,026 2.23 3.37 4.25 3.9
CT HUB Office 99 Yrs FROM 1979 203 938 938 938 - - - -
TYRWHITT 139 Shop Freehold 338 3,596 3,596 3,596 - 10.96 - 3.7

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

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Status Name Location Land attributes Estimated Breakeven

on 28 Nov 2011

(Now known as CT Hub 2)

Street
Site use Industrial B1
Sale Type
Tenure 60
Site area (sqm) 28,348.0
Site GFA (sqm) 85,044.0
Highest bid ($m) 218.3
Highest bid ($psf) 238.5
Number of bids 6
Remarks
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
Developer PLC 8 Development

Disclaimer

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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