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Eunos Techpark Review

Eunos Techpark Review
Industrial & Commercial Property Review — District 14

Eunos Techpark

A strata-titled Kaki Bukit flatted-factory estate weighing decades of industrial tenancy against a thinning lease runway.

SGCPI Research Desk Updated August 2026 60 Kaki Bukit Place, Singapore 415979 ≈60-YR LEASEHOLD FROM 1995

Street-level view of Eunos Techpark, Kaki Bukit Place. Imagery: Google Street View (user-contributed imagery), accessed August 2026.

Project Overview

Building NameEunos Techpark
AddressKaki Bukit Place, Singapore 415979 (estate spans blocks 25–60)
DistrictDistrict 14 (Eunos / Geylang / Paya Lebar)
Tenure≈60-year leasehold from 1995 (≈29 years remaining)
Zoning / UseB1 Light Industrial, with select B2 Factory/Workshop blocks
Built FormLow-rise strata terrace-factory estate, ≈30 individual blocks of 3–5 storeys
Land Area / GFA≈50,000 sqm site / ≈70,000 sqm estate-wide GFA
Completion Year≈1997 (phased TOP, 1995–1999)
Nearest MRTKaki Bukit (DT28), Ubi (DT27), Eunos (EW7)
Key Road AccessPan Island Expressway (PIE), Kaki Bukit Avenue 1, Eunos Link
Transacted PSF RangeS$450 – S$915 psf
Sale Price RangeS$800,000 – S$6.8 million
Asking Rent Range≈S$1,800 – S$21,000 per month (≈S$2.20 – S$3.50 psf)
Occupier BaseLight manufacturing, electronics assembly, e-commerce warehousing, workshop trades and SME back-offices

Location & Connectivity

Eunos Techpark sits within the long-established Kaki Bukit industrial belt in District 14, an area that has served Singapore’s light-industrial and SME base for close to three decades. The estate is arranged as a cluster of individual low-rise terrace-factory blocks along Kaki Bukit Place, rather than a single tower, giving it the feel of a self-contained industrial village rather than a corporate business park. This layout suits owner-occupiers who value ground-floor loading access and a degree of operational privacy over shared-lobby, high-rise formats.

Connectivity has improved materially since the estate’s completion. Kaki Bukit MRT (DT28) and Ubi MRT (DT27) on the Downtown Line are both within an approximate 450–900 metre walk, while Eunos MRT (EW7) on the East-West Line offers a further alternative a little further out. Vehicular access is dominated by the Pan Island Expressway, with Kaki Bukit Avenue 1 and Eunos Link providing direct estate access; this combination makes the location workable for both walk-in staff and delivery-fleet operations, though on-site reviewers have flagged that internal roads and signage can feel congested and confusing during peak hours.

The immediate surrounds are functional rather than lifestyle-driven: coffee shops such as Techlink Kopitiam serve the daytime workforce, NTUC FairPrice and Kembangan Plaza cover everyday retail needs, and the broader Ubi–Kaki Bukit–Eunos corridor gives occupiers easy lateral movement to Tai Seng, Paya Lebar and MacPherson without needing to leave the industrial belt.

Location of Eunos Techpark. Map data: Google Maps, accessed August 2026.

Building & Facilities

Rather than one tower with a shared lift core, Eunos Techpark comprises roughly thirty discrete terrace-factory blocks of three to five storeys, each strata-subdivided into individual units. Passenger and cargo lifts are typically provided per block rather than estate-wide, and several units retain dedicated ground-floor loading/unloading bays sized for 20ft and 40ft containers — a configuration prized by tenants running light fabrication, warehousing or servicing operations that need direct vehicle access rather than a shared loading dock several floors down.

Handover condition varies considerably by block and by owner, since many units have been renovated, subdivided or re-fitted independently over the estate’s near thirty-year life. Buyers should expect to encounter everything from bare-shell factory floors to fully fitted offices with air-conditioning, meeting rooms and pantry areas, and should budget for further fit-out on top of the purchase or rental price in most cases. Some blocks within the estate — commonly marketed as Eunos Techpark 2 — additionally offer recreational facilities including a swimming pool, gymnasium and tennis courts, a relatively unusual amenity set for an industrial development of this vintage.

As with any strata-titled industrial estate approaching three decades old, prospective buyers and tenants should commission an independent building and mechanical/electrical condition survey, confirm the unit’s approved use against its URA zoning classification, and verify any additions, mezzanine floors or partition works against the original approved plans before committing to a purchase or long-term lease.

Unit Types & Floor Plan Notes

Unit configurations at Eunos Techpark range widely, reflecting its terrace-block layout and decades of independent strata ownership. Sizes on the market span from compact single-storey units suited to small workshops through to combined multi-level parcels for larger manufacturing or logistics operations. The four broad categories below summarise what buyers and tenants typically encounter.

Compact Workshop

≈1,300 – 1,600 sqft

Single-floor B2 units suited to small fabrication, servicing or e-commerce fulfilment tenants; ground-floor units often retain roller-shutter loading access.

Mid-Size Factory/Office

≈2,200 – 3,700 sqft

The most commonly transacted band, frequently fitted with a mezzanine office level, AC-ready space and one meeting room; suits SME owner-occupiers.

Combined Terrace Parcel

≈13,000 – 27,000 sqft

Adjoining ground-plus-upper-floor units sold individually or as a merged pair, spanning production, warehousing and a fully fitted top-floor office.

Large Industrial/Investment Lot

≈7,700 sqft+

Larger strata lots including specialised uses such as a multi-stall canteen unit; typically institutional-grade pricing and longer marketing periods.

Ceiling height: ≈4.5 – 6.0 m at ground-floor production levels, lower at upper office floors
Floor loading: ≈7.5 – 10 kN/sqm typical for light industrial floors (verify per unit)
Loading bays: Ground-floor roller-shutter access sized for 20ft/40ft containers on select blocks
Lifts: Passenger and cargo lifts provided per block, not estate-wide
Parking: Surface and covered car park lots shared across the estate; ratio varies by block

Investment Case

Eunos Techpark’s investment case is shaped almost entirely by two forces pulling in opposite directions: strong, sticky industrial demand in the Kaki Bukit corridor, and a lease clock that has already used up roughly half of its original 60 years. The following weighs the estate’s practical strengths against the factors that most affect long-term holding value.

What Works

  • Direct PIE access and proximity to three MRT stations (Kaki Bukit, Ubi, Eunos) supports staff commuting and logistics movement
  • Ground-floor loading bays and cargo lifts on many blocks suit genuine manufacturing, workshop and warehousing occupiers
  • Entry prices at the smaller end (≈S$800,000) remain accessible to owner-occupier SMEs relative to newer B1 developments nearby
  • Established, deep rental demand base built up over nearly 30 years of continuous industrial occupation
  • Terrace-block layout offers a degree of unit privacy and independent access uncommon in single-tower developments

What to Weigh Carefully

  • Remaining lease of roughly 29 years will materially restrict bank financing quantum and tenor as the term shortens further
  • Wide variance in unit fit-out and maintenance condition across strata owners increases pre-purchase due-diligence effort
  • Multi-block, multi-MCST structure can mean less consistent estate-wide upkeep than a single, centrally managed development
  • Reported traffic congestion and signage confusion at peak periods on internal estate roads
  • Approaching mid-life on a 60-year term means en-bloc or collective sale potential is a live but unpredictable long-term variable

Who This Suits

Eunos Techpark is best suited to owner-occupier SMEs in light manufacturing, servicing, electronics assembly or e-commerce logistics that value ground-floor vehicle access and a workable Kaki Bukit address over a polished corporate business-park image. It also appeals to smaller industrial-property investors seeking rental yield from an established occupier base, provided they go in with eyes open on the shrinking lease runway and budget realistically for financing constraints and unit-level refurbishment. It is less suited to buyers seeking long-hold freehold-style capital appreciation, or occupiers who require single-building, centrally managed facilities-standard consistency across their entire footprint.

Frequently Asked Questions

What is the permitted use and zoning at Eunos Techpark?
Eunos Techpark is predominantly zoned B1 Light Industrial, with a number of blocks and units designated B2 Factory/Workshop. B1 use generally permits clean, non-polluting light industrial, warehousing, workshop and ancillary office activity, while B2 allows a broader, potentially noisier or heavier range of industrial processes, subject to URA and relevant technical agency approval. Buyers and tenants should always verify the specific zoning of the exact unit they are transacting on, since classification can differ block by block within the same estate. Uses such as retail, F&B beyond ancillary canteens, or residential occupation are generally not permitted without separate authority approval, and unauthorised use can expose an occupier to enforcement action.
Can foreigners buy industrial units at Eunos Techpark?
Unlike private residential property, Singapore does not restrict foreign ownership of industrial property in the same way, so foreign individuals and foreign-owned companies can generally purchase strata industrial units such as those at Eunos Techpark without needing approval under the Residential Property Act, since that Act does not apply to industrial-zoned assets. That said, foreign buyers should still factor in financing constraints, since local banks may offer lower loan-to-value ratios or shorter tenors to foreign purchasers, particularly given the estate’s shortening lease term. Corporate structuring, tax residency and repatriation of rental income should be reviewed with a qualified advisor before committing to a purchase.
Does Additional Buyer’s Stamp Duty (ABSD) apply to a purchase here?
ABSD in Singapore applies to residential property purchases, not to industrial or commercial property, so a purchase of an Eunos Techpark unit does not attract ABSD regardless of the buyer’s residency status or the number of properties already owned. This is one of the practical attractions of industrial property for investors who have already used up their residential purchasing headroom under ABSD rules. Buyers will, however, still incur standard Buyer’s Stamp Duty on the purchase price or market value, whichever is higher, and should confirm current BSD rate tiers with IRAS or their conveyancing lawyer at the point of transaction, since rates are periodically revised.
How does Seller’s Stamp Duty (SSD) affect a quick resale?
Industrial properties in Singapore carry their own SSD regime, separate from the residential framework, and it has historically applied to properties bought and sold within a defined holding period, with the duty rate scaled down the longer the property is held. For an ageing leasehold estate like Eunos Techpark, this matters most to investors considering a short-term flip rather than a hold-to-lease strategy, since SSD can meaningfully erode a quick-turnaround profit. Current SSD holding periods and rate bands should be confirmed with IRAS or a property lawyer before purchase, as industrial SSD settings have changed over time and differ from the residential SSD schedule.
Is GST payable on an Eunos Techpark purchase?
GST treatment depends on the seller’s registration status rather than the property type itself. If the seller is a GST-registered entity selling in the course of business, GST is generally chargeable on the sale price of an industrial unit such as those at Eunos Techpark, and the buyer should budget for this on top of the quoted price. If the seller is an individual not registered for GST, no GST applies to that particular transaction. Buyers financing through a GST-registered corporate vehicle may also need to account for GST on rental income received. This is a technical area and should be confirmed with the transacting agent and a tax advisor before signing.
How does the remaining lease affect financing options?
With roughly 29 years left on the original 60-year term, Eunos Techpark sits in a financing band where banks typically apply more conservative loan-to-value ratios and shorter maximum tenors than they would for a fresh 60-year or freehold industrial asset, since lending policy is closely tied to the property outliving the loan with a reasonable buffer. Some lenders may cap loan tenor to the remaining lease less a margin, which can push up monthly instalments relative to the purchase price. Buyers, especially those planning to hold long-term or refinance later, should obtain an in-principle approval and compare terms across several banks before committing, as policies vary meaningfully by lender.
What rental yield can an investor reasonably expect?
Based on current asking rents of roughly S$2.20 to S$3.50 per square foot per month against transacted prices of S$450 to S$915 per square foot, gross rental yields at Eunos Techpark broadly fall in the mid-single-digit range on an annualised basis, though actual outcomes vary significantly by unit condition, block, and how competitively a unit is priced at purchase. Investors should stress-test any yield projection against vacancy periods, MCST fees, property tax and eventual refurbishment costs rather than relying on headline asking rents alone. Comparing a specific unit’s achievable rent against recent, similar transacted rentals in the same or a neighbouring block is the most reliable way to validate any yield assumption before committing.
Does the building’s age raise any structural or maintenance concerns?
At roughly 27 to 30 years old depending on the specific block’s completion date, Eunos Techpark is a mature industrial asset, and buyers should expect ageing building services such as lifts, roofing, external facades and common electrical and fire-safety systems to require ongoing repair or eventual replacement. Because the estate is strata-subdivided across many individual blocks rather than centrally managed as one building, the condition and upkeep standard can vary noticeably from block to block. A physical inspection, review of the relevant MCST’s maintenance records and reserve fund position, and a professional building condition assessment are all sensible steps before finalising any purchase.
How likely is an en-bloc or collective sale, and what would it mean?
Collective sale potential exists for any strata-titled industrial estate once it reaches a certain age, but Eunos Techpark’s multi-block, multi-MCST structure makes a single estate-wide en-bloc considerably more complex to coordinate than it would be for one consolidated tower, since each block may need to reach its own consensus and legal thresholds independently. With around 29 years of lease remaining, redevelopment economics could become more attractive as the term shortens further and land becomes relatively more valuable than the ageing built structure, but no proposal is currently on record. Buyers should treat any en-bloc outcome as a long-term possibility rather than a near-term certainty, and price the asset primarily on its ongoing use value.
What are the parking and loading arrangements like?
Parking at Eunos Techpark is provided through a mix of surface and covered lots distributed across the estate, with allocation and adequacy varying by block; buyers and tenants with significant staff or visitor traffic should confirm the specific lot ratio attached to their unit or block before committing. Loading and unloading is a genuine strength for several blocks, with ground-floor roller-shutter bays sized for 20ft and 40ft containers supporting real logistics and manufacturing operations rather than office-only use. That said, on-site feedback notes that internal estate roads can become congested and poorly signposted at peak periods, so operators reliant on frequent scheduled deliveries should plan loading windows accordingly.
What ongoing MCST or maintenance fees should a buyer budget for?
As a strata-titled estate, Eunos Techpark is managed by one or more Management Corporation Strata Title (MCST) bodies responsible for common-area upkeep, security, lifts, and shared facilities such as car parks; unit owners pay monthly maintenance fees calculated on their share value, alongside periodic sinking-fund contributions for major repairs. Because the estate spans multiple blocks, fee levels and reserve-fund health can differ meaningfully between MCSTs, so buyers should request at least two to three years of MCST financial statements and minutes before purchase. Budgeting a reasonable maintenance-fee allowance on top of mortgage and property-tax costs is essential when underwriting the true cost of ownership.
How liquid is the resale market for units here?
Resale liquidity at Eunos Techpark benefits from a long transaction history and a genuinely active occupier base drawn from manufacturing, logistics and SME trades, which supports a reasonably steady flow of sale and rental listings across the estate. That said, larger or more specialised units — such as combined terrace parcels or the multi-stall canteen lot — tend to have longer marketing periods than smaller, more generic workshop-format units, simply because the buyer pool for bigger-ticket industrial assets is thinner. As the lease continues to shorten, liquidity for larger units in particular may become more sensitive to financing constraints faced by prospective buyers, which is worth factoring into any long-term exit planning.
What types of businesses is the estate best suited to?
Eunos Techpark’s ground-floor loading access, cargo lifts and mixed B1/B2 zoning make it well suited to light manufacturing, electronics or precision assembly, general workshop and servicing trades, and e-commerce warehousing and fulfilment operations. Its fitted-office-plus-production-floor layouts also work for SMEs that want production, storage and administrative staff under one roof rather than split across separate premises. It is less appropriate for businesses requiring heavy, noise- or emission-intensive processes without further technical agency clearance, or for retail-facing, F&B or purely corporate-office concepts, which generally fall outside the estate’s approved industrial use classifications and would require separate authority approval to operate.
Are there any other due-diligence points buyers commonly overlook?
Beyond zoning, lease term and MCST financial health, buyers commonly overlook confirming that any mezzanine floors, internal partitions or extensions within a specific unit were properly approved by the Building and Construction Authority and URA, rather than added informally by a previous owner. It is also worth checking fire-safety certification currency, the condition of shared cargo lifts and loading bays if these are essential to the intended use, and whether the unit’s actual usage matches its approved zoning classification. Engaging a conveyancing lawyer to review the title, any encumbrances, and outstanding MCST arrears before exercising an option to purchase is a sensible final safeguard for any industrial transaction of this nature.

This article is provided for general informational purposes only and does not constitute financial, investment, legal or tax advice. Figures marked with “≈” are reasoned estimates based on publicly available listing and transaction data at the time of research and may not reflect the exact current position of any individual unit. Prospective buyers and tenants should conduct independent due diligence, including a physical inspection, title search and consultation with qualified professionals, before making any purchase, leasing or investment decision.

© 2026 SG Commercial Property Insights. All rights reserved.

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