The Lip Hing Industrial Building falls under the Light Industrial category, which is also known as B1 zoning. This is decided by the Urban Redevelopment Authority. The main point of this zoning is to make sure that the building is used for light industries that do not harm the environment. The kinds of work that can be done here include making software putting together parts looking at data managing clean logistics and doing administrative tasks that help with industrial production. The Light Industrial zoning is very important for the building.

One thing that makes this building special is how long the land is leased for. Most buildings in this area have leases. This one has a lease that is 999 years long which started on July 6 1885. This means that businesses can operate here for a long time without worrying about their lease running out. It is similar to owning the land. It takes away the stress of having a lease that is only 30 or 60 years long. The 999-year lease is an advantage for business owners.

The Lip Hing Industrial Building sits on a piece of land that is 31,348 square meters. This gives it a lot of room for its operations. The land is zoned in a way that allows for a lot of building. The plot ratio is 2.50, which means that the building can be quite tall. This makes the most of the land. Allows for a lot of space inside the building. The building has a lot of room for businesses to operate.

Inside the building there are different units that businesses can rent. These units come in all shapes and sizes from ones that are around 170 to 200 square feet to big ones that are over 1,300 square feet. The units are designed to be useful and comfortable for businesses. They have windows that let in natural light, air conditioning and secure locks. The Internal Spatial Configuration of the building is very important for businesses.

Moreover, Lip Hing Industrial Building is open 24 hours a day so businesses can operate at any time. The building has a mix of factory floors and warehouse spaces which allows businesses to store their goods and do their work in one place. The floors are strong. The ceilings are high which makes it easy to move goods around. The building is designed to make it easy for businesses to operate. The Operational Mechanics and Access of the building are very important for businesses that need to operate around the clock. The Land Use Classification and Zoning of the building also play a role, in this.

Lip Hing Industrial Building Location

The Lip Hing Industrial Building is really easy to get to because of its public transportation options. It is located in District 20. Is near several major train lines. The Marymount MRT Station is 470 to 780 meters away which is really close. This train station is on the Circle Line so people can quickly get to parts of Singapore.

The Bishan MRT Station is also nearby 640 meters away. This station is an interchange that connects people to the Circle Line and the North-South Line. So people can easily get to the Central Business District and the northern housing estates. The Upper Thomson MRT Station is 1 kilometer away which is on the Thomson-East Coast Line. This gives people more options to get to the eastern and northern parts of Singapore.

There are also buses that stop near the Lip Hing Industrial Building like on Marymount Road. These buses stop at places like Marymount View, Block 319 and Block 306. This makes it easy for people who live nearby to get to work.

The Lip Hing Industrial Building is also easy to get to by car. It is near roads like Marymount Road, Bishan Street 21 and Jalan Binchang. From these roads people can quickly get to the Central Expressway and Lornie Highway. This makes it easy to get to all parts of Singapore.

For example it usually takes than 20 minutes to drive to the Orchard Shopping District or the Central Business District. This is really good for companies that need to transport goods or people. The Lip Hing Industrial Building is a place for light industrial companies because of its easy transportation options. The Lip Hing Industrial Building is a location, for businesses that need to be connected to the rest of Singapore.

Lip Hing Industrial Building Nearby Amenities

Lip Hing Industrial Building is actually a pretty solid find if you’re looking at light industrial (B1) spaces. Because of the B1 zoning, it’s kept clean and quiet—perfect for things like software development, tech setups, data analysis, or clean logistics rather than heavy, noisy manufacturing.

One of the biggest things it has going for it is the tenure. Unlike most industrial properties in Singapore that get slapped with short 30 or 60-year leases, this one sits on a rare 999-year leasehold dating all the way back to 1885. It’s basically as close to a freehold asset as you can get, meaning you don’t have to stress about lease decay eating away at your investment value over time.

Operationally, it’s built to be practical. The units range from tiny 170-square-foot spaces for smaller setups to layouts over 1,300 square feet. You get 24/7 access, decent ceiling heights, and heavy floor loading, so it’s super easy to combine your office space with a clean warehouse or tech lab setup under one roof.

Location-wise, getting there is a breeze. It’s tucked right into District 20 near Marymount Road, meaning staff can easily walk to Marymount MRT (Circle Line) or Bishan MRT (Circle/North-South interchange). If people are driving or running delivery fleets, you can hop right onto the CTE or Lornie Highway, putting the CBD or Orchard less than 20 minutes away in normal traffic.

For daily life, the immediate area is packed with food options. The team can wander over to Shunfu Mart for cheap hawker food, or explore the little cafes and shophouse eateries around Pemimpin and Marymount. Plus, Junction 8 is just a short trip down the road in Bishan whenever anyone needs a bank, a major supermarket run, or a proper sit-down restaurant. It just makes balancing a regular workday a whole lot easier.

End-User and Investor Future-Ready Asset

For end-users, Lip Hing Industrial Building functions as a resilient corporate base due to its versatile Light Industrial (B1) classification. This zoning seamlessly supports specialized modern workflows such as data analysis, technology production, and clean logistics without the disruption of heavy industrial operations. Companies can set up operations that last a long time and are stable. They can do this by using setups that serve two purposes and bring together areas, tech suites and storage spaces that are close by. The design of these spaces is very useful. Has a simple layout. It can handle loads, on the floor and people can get in at any time, day or night. Companies can use these operations all the time without any restrictions. The technical operations have an useful design that makes it easy for companies to work. These essential elements ensure that growing businesses can easily adapt their internal layouts to house incoming automation, updated hardware networks, and agile storage systems as market demands pivot.

For investors the property is a special thing because it has a lease that will last for 999 years. This is really rare. In this area it is very hard to get land to build on and most leases last, for 30 years or 60 years. The property has a lease that will last for almost forever which means investors do not have to worry about the value of the property going down because the lease is running out. The property is an asset, which is a good thing for investors to have. The 999-year leasehold tenure of the property makes it very valuable.

Investors benefit from a structurally optimized asset sitting on a major land plot of over 31,000 square meters with a designated master plan plot ratio of 2.50. This dynamic combination offers highly sustainable capital preservation alongside prominent long-term redevelopment or intensification potential. Supported by a consistent corporate tenant demand for centralized light industrial spaces, the building positions capital to capture continuous yield stability and capital appreciation well into the future.

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Lip Hing Industrial Building For Rent

Located at 3 Pemimpin Drive in District 20, the Lip Hing Industrial Building is a commercial property in Singapore primarily designated for light industrial (B1) use. The building features excellent connectivity for local operations, sitting within close proximity to major transit nodes like the Marymount and Bishan MRT stations.

Product SKU: Lip Hing Industrial Building

Product Brand: Industrial Property

Product Currency: SGD

Product Price: 1.100-1.200

Product In-Stock: InStock

Editor's Rating:
5