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Is Halcyon Building a ramp-up property

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Here is a summary of HALCYON BUILDING:
Postal Code: 577183
Street Name: Jalan Pemimpin
District/Planning Area: D20 / Bishan
Tenure: N.A.
Completion: Unknown
Est. Land Size: 4,053 sqm
GFA: 10,237 sqm
Master Plan Plot Ratio: 2.5
Property Type: Factory (All Types)
Indicative Price Range / Average*:
Factory (All Types): $300 - $300 psf / $300 psf

Indicative Rental Range / Average**:
Factory (All Types): $1.8 - $1.8 psf pm / $1.8 psf pm

Implied Rental Yield**:
Factory (All Types): 7.2%

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction
**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction