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

—

Transactions on record

1 (records start 1995)

Live listings

None

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.

Straight-line distances. Source: PropKaki amenities data.

Live registrations

14

Registered last 3 years

6

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.

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.