IndustrialBUSINESS 2LeaseholdDistrict 22 · Boon Lay

23 Link Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Apr 2018

Quick Summary

23 Link Road is a industrial building in District 22 · Boon Lay, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 2 years remaining. 2 transactions are on record since 1995, most recently in Apr 2018. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on 23 Link Road.

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What are the key facts about 23 Link Road?

Key takeaway23 Link Road is a industrial building in District 22 · Boon Lay, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 22 · Boon Lay
Address: 23 Link Road
Land area: —
Completed: Not on record
Storeys: Not on record
Estate (JTC): Jurong Industrial Estate
Transactions on record: 2 (records start 1995)
Live listings: None
ACRA registrations: 0

About 23 Link Road

23 Link Road is an industrial property in Boon Lay (District 22). It is located along Link Road, Singapore 619037.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 2 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

2 transactions have been recorded here, at a median of S$110 psf. The most recent was in April 2018.

The nearest port or airport land is about 1.6 km away. The closest business-park zone is about 2.6 km away. The closest bus stop (Bef Intl Rd) is 64 m away (about a 1-minute walk).

What is 23 Link Road zoned as?

Key takeaway23 Link Road sits on land zoned BUSINESS 2 with a gross plot ratio of 2.5.

Land-use zone: BUSINESS 2
Gross plot ratio: 2.5

Run the full zoning report for this building →

What has 23 Link Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Apr 2018 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Apr 2018	Single-user Factory	S$1.65M	13,005 sqft	$127
Feb 2008	Single-user Factory	S$1.20M	13,005 sqft	$92

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. sqm ↔ sq ft converter

Market context around 23 Link Road

Key takeawayBrokers' industrial figures for Singapore as a whole — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Factory (ground floor): Rent S$1.81 psf/mth
Factory (upper floor): Rent S$1.41 psf/mth
Prime logistics: Rent S$1.87 psf/mth · Capital value S$245 psf · Net yield 6.5%
Warehouse (ground floor): Rent S$1.91 psf/mth
Warehouse (upper floor): Rent S$1.39 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026 (island-wide)

Factory - Ground Floor: Rent S$1.79 psf/mth
Factory - Upper Floor: Rent S$1.57 psf/mth
High-Tech: Rent S$3.56 psf/mth
Prime Logistics - Ground Floor: Rent S$1.92 psf/mth
Prime Logistics - Upper Floor: Rent S$1.74 psf/mth
Warehouse - Ground Floor: Rent S$1.81 psf/mth
Warehouse - Upper Floor: Rent S$1.49 psf/mth

Singapore Industrial MarketBeat Q2 2026

Official series (JTC, 2026Q3): Multiple-User Factory occupancy (island-wide) 90.3% (-0.7 pp on the year) · Single-User Factory occupancy (island-wide) 89.1% (0 pp on the year) · Warehouse occupancy (island-wide) 89.7% (+0.1 pp on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

What's been approved at 23 Link Road?

Key takeawayURA's planning decisions at 23 Link Road since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

7 Jul 2011Approved
Additions & alterations
Proposed additions & alterations to the existing 2-storey intermediate terrace factory

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

What is near 23 Link Road?

Amenities nearby

Bef Intl Rd · 65 mShenton Medical Group · 974 mEducational Institution · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 23 Link Road

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Boon Lay, 1.4 km away. 4 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 36% of industrial buildings

no MRT/LRT within 1 km (nearest Boon Lay, 1.4 km); bus stops within 400 m: 7, about 2,483 taps a weekday; Boon Lay: 19,300 resident workers (Census 2020, by workplace); about 1,024 residents within 1 km (June 2026). Ranked against 8,225 industrial buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.

Bus

7 bus stops within 400 m, with 2,483 boardings and alightings on an average weekday.

Public car parks within 500 m

Link Rd (URA)98 m
S$0.60 per half-hour at midday on a weekday · 22 car lots
Jln Tukang (URA)173 m
S$0.60 per half-hour at midday on a weekday · 31 car lots
Chin Bee Road Area (URA)396 m
season S$90/month
Chin Bee Rd (URA)435 m
S$0.60 per half-hour at midday on a weekday · 52 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 23 Link Road's own car park, if it has one, and its charges are not in the open data.

Who's registered at 23 Link Road?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 23 Link Road as their registered address. These are registered businesses, not who occupies the space.

Professional, scientific and technical services
0
Manufacturing
0
Other services
0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

Frequently asked questions about 23 Link Road

Where is 23 Link Road?⌄

23 Link Road is at 23 Link Road, Singapore 619037, in the Boon Lay planning area.

What is 23 Link Road zoned as?⌄

23 Link Road is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at 23 Link Road?⌄

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 Link Road?⌄

23 Link Road is leasehold. About 2 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 23 Link Road sold for?⌄

Across 2 recorded transactions, the median is S$110 psf. The latest was in April 2018.

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Year of completion is not on record for this building. Building age cannot be stated.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from JTC estate boundaries, URA car park data (URA Data Service), PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.