IndustrialBUSINESS 2LeaseholdDistrict 25 · Sungei Kadut

23 Kranji Way

Reviewed by Nathan TangUpdated 10 August 2026Data through Oct 2010
Quick Summary

23 Kranji Way is a industrial building in District 25 · Sungei Kadut, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.4. It is leasehold with roughly 45 years remaining. 1 transaction is on record since 1995, most recently in Oct 2010. ACRA records 1 live company registration at this address.

1

What are the key facts about 23 Kranji Way?

Key takeaway23 Kranji Way is a industrial building in District 25 · Sungei Kadut, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
1.4
Tenure
Leasehold
District / Area
District 25 · Sungei Kadut
Address
23 Kranji Way
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
1
2

About 23 Kranji Way

23 Kranji Way is an industrial property in Sungei Kadut (District 25). It is located along Kranji Way, Singapore 739450.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 45 years left to run.

1 transaction has been recorded here, at a median of S$91 psf. The most recent was in October 2010.

Across JTC's rental returns for Kranji Way, the median rent for industrial space on this street works out to about S$1.70 psf per month over 13 observations. Observed medians on the street span S$0.54 to S$1.81 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

The nearest port or airport land is about 4.5 km away. The closest business-park zone is about 928 m away. The closest bus stop (Daiya Engrg) is 78 m away (about a 1-minute walk).

1 business is currently registered at this address with ACRA.

3

What is 23 Kranji Way zoned as?

Key takeaway23 Kranji Way sits on land zoned BUSINESS 2 with a gross plot ratio of 1.4.
Land-use zone
BUSINESS 2
Gross plot ratio
1.4

Run the full zoning report for this building →

4

What has 23 Kranji Way sold for?

Key takeaway1 transaction is on record since 1995, most recently in Oct 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Oct 2010Single-user FactoryS$6.68M73,194 sqft$91

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

What is near 23 Kranji Way?

Amenities nearby

Daiya Engrg · 78 mBusiness Park · 928 mCentral 24-Hr Clinic (Marsiling) · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

6

How many companies are registered at 23 Kranji Way?

Key takeawayACRA records 1 live company registration at this address.
Live registrations
1
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.

7

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$18.29 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$18.29 psm/mo
Observed range
S$5.81 – S$19.53

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.

8

Frequently asked questions about 23 Kranji Way

Where is 23 Kranji Way?

23 Kranji Way is at 23 Kranji Way, Singapore 739450, in the Sungei Kadut planning area.

What is 23 Kranji Way zoned as?

23 Kranji Way is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at 23 Kranji Way?

Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of 23 Kranji Way?

23 Kranji Way is leasehold. About 45 years remain on the lease.

What have units at 23 Kranji Way sold for?

Across 1 recorded transaction, the median is S$91 psf. The latest was in October 2010.

What does industrial space near 23 Kranji Way rent for?

JTC's rental returns for Kranji Way put the median at about S$1.70 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Kranji Way, not a rent quoted for 23 Kranji Way itself.

How many businesses are registered at 23 Kranji Way?

1 business is currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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