Soon Hock Group has achieved a strong sales milestone at its latest industrial development, Stellar @ Tampines, with 71% of its strata-titled units sold to date. The impressive take-up rate highlights the continued appetite for high-quality industrial spaces in Singapore, particularly in the eastern region where accessibility and connectivity are driving business growth.
Located at Tampines North Drive 5, Stellar @ Tampines is a modern B2 industrial development designed to cater to a wide range of industries, including logistics, precision engineering, and light manufacturing. The project offers a mix of ramp-up and flatted units with high floor loading capacity, column-free layouts, and efficient loading bays — features that appeal strongly to end-users and investors seeking long-term value in the industrial sector.
According to Soon Hock Group, the strong demand was led by small and medium-sized enterprises (SMEs) seeking to own their business premises amid rising industrial rents. Several investors have also been drawn by the project’s strategic location near major expressways such as the Tampines Expressway (TPE) and Pan Island Expressway (PIE), which provide seamless access to key logistics hubs, Changi Airport, and other parts of Singapore.
“Achieving 71% sales within a short span of time reflects the market’s confidence in both the quality of our development and the resilience of the industrial property segment,” a spokesperson from Soon Hock said. “Stellar @ Tampines was conceptualized with functionality and long-term investment value in mind, and we are pleased that our vision has resonated well with our buyers.”
The development comprises a total of 103 strata industrial units, offering sizes ranging from 1,600 to 3,000 square feet. Each unit is designed for flexibility, with high ceiling heights and direct vehicular access for easy loading and unloading. The property also features ample parking spaces, security systems, and well-planned traffic flow within the compound to ensure operational efficiency for occupants.
Market observers note that the strong performance of Stellar @ Tampines mirrors broader trends in Singapore’s industrial real estate market. Despite economic headwinds, industrial properties have remained resilient, supported by sustained demand from logistics, e-commerce, and manufacturing sectors. According to data from JTC, overall industrial rents and prices continued to register growth in recent quarters, underscoring the sector’s defensive appeal to investors.
Analysts believe the sales success of Stellar @ Tampines also reflects a shift in investor sentiment towards strata-titled industrial assets, which offer ownership flexibility and capital appreciation potential. With limited new supply of strata industrial projects in the East region, well-located developments like Stellar @ Tampines are seeing faster absorption rates.
Soon Hock Group, an established developer with a portfolio spanning residential, commercial, and industrial projects, has built a reputation for delivering well-designed and durable properties. The company has previously launched several successful developments across Singapore, with Stellar @ Tampines marking its latest addition to the industrial landscape.
The project’s completion is expected to further strengthen Tampines’ position as a key industrial hub in the eastern corridor, complementing existing business parks and logistics facilities in the area. Industry watchers expect that the remaining units at Stellar @ Tampines will continue to attract strong interest, particularly from owner-occupiers looking for space in a freehold or long-leasehold industrial development.
“With Singapore’s industrial sector showing steady growth and demand for quality workspaces remaining high, developments like Stellar @ Tampines are well-positioned to benefit,” noted a property consultant. “Soon Hock’s success reflects the market’s recognition of well-planned projects that combine accessibility, design, and long-term functionality.”
As the industrial market continues to evolve with changing business needs, Stellar @ Tampines stands out as an example of how strategic design and thoughtful planning can meet both operational and investment goals — a testament to Soon Hock’s commitment to quality and innovation in Singapore’s built environment.
