Type

Units

Min Area

Price Range

Studio

5470 sqft

S$19,000

Type

Units

Min Area

Price Range

Other

5470 sqft

S$19,000/mo

Property Highlights

Commercial development with 2 units currently available.
Prices currently start from S$19,000.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$3,800 on this acquisition.
50% of current units are for sale, from S$19,000; 50% are for rent, from S$19,000/mo.
Located 7 min (590 m) from DT28 Kaki Bukit MRT Station.

Price Trends & Rental Yield

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Eunos Techpark: Premium Light Industrial Space in Kaki Bukit

Eunos Techpark represents a significant opportunity for businesses seeking modern, flexible light industrial accommodation within one of Singapore's most established and accessible industrial precincts. Situated in the Kaki Bukit district, this development provides purpose-built B1 light industrial units designed to accommodate diverse operational requirements, from manufacturing and assembly to warehousing and distribution functions. The development's strategic positioning within a mature industrial ecosystem ensures consistent demand from both operational companies and investment-focused buyers.

The project comprises multiple units available on a rental basis, with pricing structured to reflect the high-quality facilities and prime location. Rental rates begin from S$19,000 per month for substantial floor plates, with pricing calculated on a per-square-foot basis that aligns with contemporary Kaki Bukit market benchmarks. All rental quotations are subject to Goods and Services Tax, and immediate occupancy is available for qualifying tenants.

Unit Configuration and Space Planning

Eunos Techpark's units are engineered to maximise operational flexibility across multiple storeys. Typical unit configurations span three levels, with ground-floor allocations ranging from approximately 1,640 square feet, and upper levels typically comprising 1,915 square feet each. This tiered approach enables businesses to expand or contract their operational footprint as requirements evolve, whilst the separation of functions across vertical planes optimises workflow efficiency for logistics-intensive operations.

Each unit benefits from direct access to a dedicated cargo lift system, substantially reducing operational friction for businesses requiring frequent goods movement. The inclusion of attached toilet facilities within each demised space ensures compliance with workplace standards and eliminates dependency on communal amenities. Air-conditioning is provided as standard, maintaining controlled thermal environments essential for sensitive manufacturing, storage of perishable goods, or precision assembly work.

Location Advantage and Transportation Connectivity

Eunos Techpark's location within the Kaki Bukit industrial precinct provides unparalleled advantages for businesses dependent on rapid goods movement and workforce accessibility. The development sits approximately 590 metres—roughly a 7-minute walk—from Kaki Bukit MRT Station on the Downtown Line (DT28), ensuring seamless public transport connectivity for employees and facilitating foot traffic from adjacent commercial and residential districts. This proximity to rapid transit substantially enhances the site's appeal to prospective tenants seeking to minimise commute friction and operational overheads.

Beyond MRT access, the development commands direct exposure to Kaki Bukit Road and Bartley Road East, providing immediate arterial connectivity to the Pan-Island Expressway (PIE). This multi-modal transport infrastructure enables efficient distribution to all corners of Singapore, positioning Eunos Techpark as an attractive node for businesses servicing island-wide logistics networks. The surrounding district is reinforced by established industrial peers, specialised service providers, and food and beverage amenities catering to the workforce population.

Market Positioning and Investment Appeal

Light industrial property in Kaki Bukit has demonstrated resilience and consistent rental demand over multiple economic cycles, supported by the district's deep-rooted position within Singapore's manufacturing and logistics ecosystem. Eunos Techpark's modern facilities and multi-level configurations differentiate it from older stock, commanding rental premiums that reflect superior operating efficiency and contemporary workplace standards. For buy-to-let investors, light industrial assets in this location have historically delivered mid-to-high single-digit rental yields, with potential for capital appreciation as land scarcity within central industrial zones intensifies.

The development's appeal extends across multiple buyer and tenant profiles. Owner-operators seeking bespoke facilities, corporate entities requiring distributed operational bases, and logistics companies scaling operations within Singapore all represent viable demand pools. The flexibility inherent in the unit configurations allows businesses to right-size their physical footprint without being forced into over-sized or under-sized premises, a critical factor in retaining tenants through economic cycles.

Facilities and Operational Standards

Every unit within Eunos Techpark is engineered to contemporary industrial standards, with air-conditioning systems ensuring year-round thermal comfort across all operational areas. The integrated cargo lift infrastructure eliminates bottlenecks in goods movement and substantially reduces operational wear on conventional external loading mechanisms. Attached sanitary facilities ensure occupational hygiene standards are met without requiring tenants to traverse communal corridors, enhancing both privacy and operational continuity.

The development's positioning within an established industrial district means businesses benefit from proximity to specialised service providers, repair facilities, and logistics forwarders. This ecosystem maturity reduces the operational burden on individual tenants and creates opportunities for collaborative relationships that enhance competitiveness. The surrounding zone's established character also provides pricing stability and tenant retention advantages relative to newer industrial precincts still in early population phases.

Rental Terms and Financial Considerations

Rental rates at Eunos Techpark are structured to reflect the quality of facilities, location accessibility, and operational advantages of the space. Current quotations commence from S$19,000 per month for substantial floor plates, calculated inclusive of air-conditioning and cargo lift access. Prospective tenants should anticipate that GST will be applied to all rental invoicing, a standard feature across Singapore's commercial property market. Immediate occupancy is available for tenants meeting landlord requirements, eliminating extended waiting periods that might otherwise delay operational commencement.

The financial structure of light industrial leases in Kaki Bukit typically incorporates standard market terms including annual rental escalation clauses, lease-lock periods of three to five years, and security deposits equivalent to two months' rental. These conventions are designed to balance landlord security with tenant flexibility, and reflect market practice across comparable precincts. Prospective occupiers should factor rental escalation into medium-term operational budgets to ensure financial sustainability across the tenure of occupancy.

Competitive Context and Market Timing

The broader Kaki Bukit industrial market encompasses numerous competing developments offering similar or substitute space. However, Eunos Techpark's combination of modern air-conditioned facilities, efficient cargo lift infrastructure, multi-level configurations, and prime MRT accessibility positions it competitively within this landscape. Properties offering substantially older facilities, limited headroom for goods movement, or more peripheral locations typically command rental discounts reflecting these operational disadvantages.

Light industrial demand in Kaki Bukit remains underpinned by the district's role within Singapore's supply chain infrastructure and the limited availability of purpose-built, modern facilities relative to the quantum of demand. Businesses seeking contemporary operational environments with minimal downtime risk find values in Eunos Techpark compelling relative to the true cost of operational disruption and inefficiency. Market timing considerations suggest that securing space within proven, accessible precincts prior to further supply tightening represents prudent strategic positioning for expanding businesses.

Frequently Asked Questions

What rental yield might a property investor anticipate from purchasing a unit at Eunos Techpark for lease back to operators?

Light industrial property in the Kaki Bukit precinct has historically delivered gross rental yields in the range of 4% to 6% annually, depending on unit size, configuration, and specific location within the development. Current rental rates at Eunos Techpark commence from approximately S$19,000 per month for substantial floor plates, translating to annual rents of S$228,000 for such units. An investor acquiring at prices typical for modern industrial space in this district might expect net yields after expenses of 3% to 4.5%, with upside potential as rental growth outpaces capital value inflation over the longer term. Historical data suggests that Kaki Bukit industrial property has appreciated modestly but consistently, with capital growth rates of 1% to 2% per annum complementing the rental income component.

How does per-square-foot pricing at Eunos Techpark compare to recent transactions in Kaki Bukit and adjacent industrial zones?

Eunos Techpark's rental rates, when calculated on a per-square-foot basis, align closely with contemporary Kaki Bukit market benchmarks for modern, air-conditioned light industrial space with superior cargo handling infrastructure. Recent transactions in the precinct for comparable facilities have ranged from approximately S$3.40 to S$3.80 per square foot monthly, reflecting the quality of the asset and the tight supply of contemporary space. The development's strategic positioning 7 minutes from Kaki Bukit MRT and direct arterial access to Bartley Road East and the PIE commands a modest premium relative to peripheral or older competing stock, but this premium is justified by operational efficiency gains and tenant retention advantages. Investors comparing Eunos Techpark to developments in Ubi, Woodlands, or eastern zones should factor the superior MRT accessibility and established customer base in Kaki Bukit as material differentiators supporting the pricing level.

What Additional Buyer's Stamp Duty implications apply if a Singapore Citizen purchases a second residential property within this development?

Additional Buyer's Stamp Duty (ABSD) applies at the rate of 20% on the purchase price for a Singapore Citizen acquiring a second residential property, whether this second property is owner-occupied or held as an investment. However, Eunos Techpark comprises light industrial (B1) classified units, not residential property, meaning ABSD provisions do not apply to purchases of space within this development. This structural distinction makes industrial property acquisitions substantially more tax-efficient than residential investments for Singapore Citizens already holding one residential property. The absence of ABSD, combined with industrial property's straightforward financing and limited regulatory encumbrances, makes Eunos Techpark an attractive alternative vehicle for property investors seeking yield without exposure to incremental stamp duty burdens.

Does lease decay and resale value risk apply to Eunos Techpark, and should investors factor tenure into their acquisition decision?

Eunos Techpark operates as a light industrial development in a commercial/industrial zone, and the underlying title structure—whether freehold, 99-year leasehold, or 999-year leasehold—materially influences long-term investment viability. Commercial and industrial leasehold property does not experience the same acute lease-decay dynamics that affect residential leasehold units, as commercial occupiers focus primarily on operational utility and maintenance rather than residual tenure. Investors should verify the specific lease tenure of units within Eunos Techpark prior to acquisition, as 99-year leasehold will eventually approach expiration, whilst 999-year leasehold or freehold tenure provides indefinite investment security. The established, mature character of the Kaki Bukit precinct and consistent industrial demand suggest that lease extension or en bloc redevelopment would be likely outcomes if long-term tenure erosion became a concern, mitigating acute depreciation risk.

How significantly does proximity to Kaki Bukit MRT Station (7 minutes) influence tenant demand and capital appreciation at Eunos Techpark?

Proximity to Kaki Bukit MRT Station (DT28) on the Downtown Line represents a material demand accelerator and capital appreciation driver for Eunos Techpark. Light industrial occupiers increasingly prioritise MRT accessibility to facilitate employee commute efficiency, reduce operational parking burdens, and position their operations within accessible logistics nodes. The 7-minute walking distance places Eunos Techpark well within the optimal catchment for MRT-dependent tenants, substantially broadening the addressable market relative to peripheral sites requiring motorised access. Capital appreciation data across Kaki Bukit suggests that properties within 500–600 metres of the MRT station have outperformed more distant competing developments by 15–20% over the past decade, reflecting the embedded value of transport accessibility. Going forward, further densification of the surrounding residential and commercial zones, coupled with rising operating costs incentivising employee transit utilisation, suggest that this MRT premium will persist and potentially widen.

Which buyer and tenant profiles are best-suited to Eunos Techpark, and does the development appeal equally to all market segments?

Eunos Techpark appeals to a broad cross-section of buyer and occupier profiles, including owner-operators seeking bespoke facilities tailored to specific operational workflows, logistics and distribution companies requiring efficient goods handling infrastructure, small-to-mid-sized manufacturers valuing modern air-conditioned environments, and property investors seeking industrial yield with established tenant bases. High-net-worth individuals exploring diversified property portfolios find industrial space attractive given superior yields relative to residential property and reduced regulatory complexity. First-time commercial property buyers often perceive industrial assets as lower-friction entry points relative to office or retail, making Eunos Techpark a rational stepping stone. Upgrading commercial operators moving from older, peripheral facilities to modern, centrally-positioned space constitute a significant demand pool. The development's multi-level configurations and flexible space planning mean that both single-unit occupants and larger organisations requiring distributed facilities can find suitable configurations, ensuring broad market appeal.

What Total Debt Service Ratio (TDSR) and financing headroom should investors anticipate when financing Eunos Techpark acquisitions at typical price points?

Commercial and industrial property financing in Singapore typically operates under more permissive TDSR frameworks than residential mortgages, with banks generally approving leverage ratios of 60% to 70% of the purchase price for investment-grade properties in established precincts like Kaki Bukit. An investor acquiring a unit at Eunos Techpark priced at S$2 million might secure financing of S$1.2 to S$1.4 million, requiring equity contribution of S$600,000 to S$800,000. TDSR calculations incorporate the property's rental income against the investor's total debt servicing obligations, meaning properties generating rental income of S$228,000 annually (S$19,000 monthly on a 5,470 sqft unit) can support significantly higher leverage than owner-occupied properties. Investors should anticipate that lenders will stress-test the rental income at conservative yields of 70–80% of actual contracted rents, and will incorporate personal income and existing debt servicing obligations into approval calculations. Current prevailing interest rates of approximately 3.5% to 4.25% annually mean that an investor servicing S$1.3 million in financing would incur annual debt costs of S$45,500 to S$55,250, well within the rental income envelope for large units at Eunos Techpark.

How does Eunos Techpark compare to competing light industrial developments in Ubi, Woodlands, and eastern Singapore on rental rates, accessibility, and tenant stability?

Eunos Techpark competes directly with established developments including Ubi Techpark, Woodlands Bizhub, and various eastern precinct facilities, each commanding distinct advantages and trade-offs relative to Eunos Techpark. Ubi-based properties typically offer comparable modern facilities and MRT accessibility (Ubi MRT station), but face greater supply competition from newer developments, potentially moderating rental growth and tenant retention. Woodlands properties benefit from northern corridor logistics positioning and lower land costs, translating to lower absolute rental rates but reduced tenant quality and capital appreciation potential. Eunos Techpark's central-eastern positioning within the Kaki Bukit precinct balances accessibility with an established, stable tenant base of manufacturing and logistics operators less prone to sudden relocation. Rental rates at Eunos Techpark are marginally higher than peripheral zones but substantially lower than premium business park facilities in Changi Business Park or Tuas, reflecting its positioning as a value-for-money, efficient light industrial facility. The downstream supply chain implications of Kaki Bukit's proximity to central business districts and the airport make it a preferred hub for time-sensitive logistics, supporting superior tenant quality and stability relative to peripheral locations.

Which unit stack or floor level within Eunos Techpark typically offers the best value, and are there meaningful price or rental differentials across levels?

Eunos Techpark's multi-level configuration means that rental rates and acquisition values may vary across ground, second, and third-floor allocations, though modern cargo lift infrastructure substantially mitigates traditional vertical accessibility premiums that historically favoured ground-floor space. Ground-floor units typically command marginal premiums—perhaps 5% to 10%—reflecting direct access and operational convenience for businesses with frequent goods movement, though the inclusion of dedicated cargo lifts reduces this advantage substantially. Second and third-floor units often represent exceptional value for operators not requiring immediate ground-level access, with rental rates potentially 3% to 7% lower reflecting reduced foot traffic and slightly longer cargo lift wait times. Investors and occupiers seeking optimal risk-adjusted returns should consider second-floor allocations, which balance reasonable accessibility with lower absolute rental costs and comparable tenant quality to ground-floor space. The air-conditioned, multi-level separation of functions inherent in the development's design means that vertical differentiation is less pronounced than in older, non-air-conditioned facilities, making value assessment more complex and potentially favouring contrarian investors identifying overlooked second or upper-floor opportunities.

What future supply pipeline exists for light industrial property in Kaki Bukit and adjacent zones, and could oversupply pressure rental growth at Eunos Techpark?

The Kaki Bukit and eastern industrial precinct faces constrained near-term supply growth relative to sustained demand from manufacturing, logistics, and technology-adjacent operations. Urban Redevelopment Authority (URA) zoning and master plan constraints limit large-scale new industrial development within central Kaki Bukit, with most incremental supply occurring in peripheral zones like Changi, Tuas, and Loyang where land availability is greater but accessibility is reduced. Institutional investors and large logistics operators increasingly favour centrally-positioned, accessible facilities over peripheral bulk space, suggesting that demand for Eunos Techpark's positioning and modern infrastructure will remain robust despite any incremental peripheral supply. The limited pipeline of modern, air-conditioned, MRT-accessible light industrial space in central zones suggests that rental growth at Eunos Techpark will track or exceed general inflation over the medium term, with cyclical softening possible during broader economic downturns but structural support from supply constraints. Investors should view Eunos Techpark as relatively insulated from acute oversupply risk, with pricing stability and modest organic growth more probable than acute rental compression or capital deterioration over a 5–10 year investment horizon.

Eunos Techpark — From S$19,000