24 Leng Kee Road

Asset class

Industrial

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Tenure

Leasehold

District / Area

District 3 · Bukit Merah

Address

24 Leng Kee Road

Land area

—

Completed

2017 (JTC industrial completions)

Storeys

8 (© OpenStreetMap contributors)

Developer

Wealth Assets Pte Ltd (JTC industrial completions)

Estate (JTC)

Alexandra Village Industrial Estate

Listed as

Light Industrial (B1)

Transactions on record

1 (records start 1995)

Live listings

1

ACRA registrations

14

24 Leng Kee Road is an industrial property in Bukit Merah (District 03). It is located along Leng Kee Road, Singapore 159096.

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 leasehold, with about 28 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

1 transaction has been recorded here, at a median of S$653 psf. The most recent was in April 2014.

Across JTC's rental returns for Leng Kee Road, the median rent for industrial space on this street works out to about S$2.50 psf per month over 105 observations. Observed medians on the street span S$2.05 to S$4.00 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

1 industrial project is still uncompleted on this street, adding about 17,900 sqm of gross floor area, the earliest due around 2030.

The nearest port or airport land is about 2.9 km away. The closest business-park zone is about 1.9 km away. The nearest MRT is Redhill MRT, 504 m away (about a 8-minute walk). The closest bus stop (Skoda S'pore/Volkswagen Grp) is 80 m away (about a 1-minute walk).

14 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Run the full zoning report for this building →

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

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.

1. 13 May 2003Approved
   Additions & alterations

   Proposed reconstruction of a single-storey single user motor car workshop

2. 5 Apr 2001Approved
   Additions & alterations

   Proposed additions of a metal car-parking shelter

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).

Browse every listing at this building →

Straight-line distances. Source: PropKaki amenities data.

• Wholesale and retail trade
  10
• Financial and insurance
  2
• Accommodation and food services
  1
• Administrative and support services
  1
• Other services
  0
• Manufacturing
  0
• Construction
  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.

Street rent, median

S$26.91 psm/mo

Observed range

S$22.07 – S$43.05

Pipeline on this street

1 project · earliest TOP 2030

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.