IndustrialBUSINESS 1FreeholdDistrict 19 · Hougang

21 New Industrial Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Feb 2025
Quick Summary

21 New Industrial Road is a industrial building in District 19 · Hougang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 1 transaction is on record since 1995, most recently in Feb 2025. 36 units are currently listed for sale or rent. ACRA records 0 live company registrations at this address.

1

What are the key facts about 21 New Industrial Road?

Key takeaway21 New Industrial Road is a industrial building in District 19 · Hougang, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 19 · Hougang
Address
21 New Industrial Road
Land area
Transactions on record
1 (records start 1995)
Live listings
36
ACRA registrations
0
2

About 21 New Industrial Road

21 New Industrial Road is an industrial property in Hougang (District 19). It is located along New Industrial Road, Singapore 536207.

Under the URA Master Plan the site is zoned Business 1 with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

The site is freehold.

1 transaction has been recorded here, at a median of S$746 psf. The most recent was in February 2025.

Across JTC's rental returns for New Industrial Road, the median rent for industrial space on this street works out to about S$2.03 psf per month over 104 observations. Observed medians on the street span S$0.88 to S$2.86 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

2 industrial projects are still uncompleted on this street, adding about 15,440 sqm of gross floor area, the earliest due around 2028.

The nearest port or airport land is about 7.3 km away. The closest business-park zone is about 265 m away. The nearest MRT is Bartley MRT, 548 m away (about a 9-minute walk). The closest bus stop (Aft Rochdale Rd) is 144 m away (about a 2-minute walk).

3

What is 21 New Industrial Road zoned as?

Key takeaway21 New Industrial Road sits on land zoned BUSINESS 1 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 1
Gross plot ratio
2.5

Run the full zoning report for this building →

4

What has 21 New Industrial Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Feb 2025 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Feb 2025Multiple-user FactoryS$62.00M83,120 sqft$746

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.

5

How does New Industrial Road price?

Key takeawayNew Industrial Road's current JTC street rent is S$30.78 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 4.7% (4.3% net of property tax).
Strata sales on the street (5y)
96
Street median PSF (strata)
$718
Indicative street yield
4.7% gross
4.3% net of property tax

An INDICATIVE street-level yield, not a yield for any particular unit: the current-quarter JTC street rent divided by the street's strata sale PSF median.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What is available at 21 New Industrial Road right now?

Key takeaway36 units are currently listed at 21 New Industrial Road34 for sale and 2 for rent. One row per unit; several agents often market the same unit.

For sale (34)

  • 21 New Industrial Road, 536207S$2.39M · 1,625 sqft
  • Space Nova4 agentsS$2.30M · 1,615 sqft
  • Partial Ramp Up, Freehold B1 Light Industrial (New Industrial Road)2 agentsS$2.36M · 1,625 sqft
  • New B1 Clean Industrial Freehold (Along New Industrial Road)2 agentsS$4.09M · 2,098 sqft

For rent (2)

  • 21 New Industrial Road, 536207S$6k/mo · 2,600 sqft
  • 21 New Industrial Road, 536207S$3k/mo · 709 sqft

Browse every listing at this building →

7

What is near 21 New Industrial Road?

Key takeawayThe nearest MRT/LRT is Bartley MRT, about 548 m away.

Getting around

Amenities nearby

Aft Rochdale Rd · 144 mEducational Institution · 237 mBusiness Park · 265 mKong Kian Clinic · 313 mBartley MRT Exit A · 543 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 21 New Industrial Road?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

9

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$21.86 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$21.86 psm/mo
Observed range
S$9.46 – S$30.78
Pipeline on this street
2 projects · earliest TOP 2028

JTC street medians span 2000 to today and are an all-time level, not today's asking rent; the forward pipeline is a forecast, not committed completions.

10

Frequently asked questions about 21 New Industrial Road

Where is 21 New Industrial Road?

21 New Industrial Road is at 21 New Industrial Road, Singapore 536207, in the Hougang planning area.

What is 21 New Industrial Road zoned as?

21 New Industrial Road is zoned Business 1 under the URA Master Plan, with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

What kind of business can operate at 21 New Industrial Road?

Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of 21 New Industrial Road?

21 New Industrial Road is freehold.

What have units at 21 New Industrial Road sold for?

Across 1 recorded transaction, the median is S$746 psf. The latest was in February 2025.

What does industrial space near 21 New Industrial Road rent for?

JTC's rental returns for New Industrial Road put the median at about S$2.03 psf per month. That is a street-level figure from undated snapshots covering all industrial space on New Industrial Road, not a rent quoted for 21 New Industrial Road itself.

What is the nearest MRT station to 21 New Industrial Road?

Bartley MRT is the closest, 548 m away (about a 9-minute walk).

For agents · in the PropKaki app

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