Seven adjoining terrace factory properties at Hillview Terrace, Singapore, have been launched for sale by public tender with a guide price of S$51.6m. Marketed by Colliers, these properties span approximately 31,200 square feet and are held on a 999-year leasehold tenure from 1885. The site is zoned “Residential” under Master Plan 2025, with a gross plot ratio of 1.62, and may allow an additional 0.30 plot ratio for residential redevelopment, subject to approval.
Located in the established Hillview area, the properties are surrounded by residential neighbourhoods and green spaces, with three MRT stations nearby: Bukit Gombak, Bukit Batok, and Hillview. The site offers potential for continued industrial use or residential redevelopment, appealing to industrial owner-occupiers, investors, and developers. Steven Tan, Executive Director at Colliers, noted the rarity of such a large, contiguous site with residential zoning coming to market.
In addition, Colliers is marketing four neighbouring freehold properties at Hillview Terrace, with a combined land area of approximately 19,781 square feet. These properties are also zoned “Residential” and may qualify for an additional 0.30 plot ratio if redeveloped. The owners are seeking S$33.63m for these properties.
Together, the offerings present a unique opportunity for a larger landholding in Hillview, totalling approximately 50,980 square feet. The public tender for the seven factory properties will close on 1 December 2026.
