IndustrialBUSINESS 1FreeholdDistrict 3 · Bukit Merah

243 Alexandra Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2014

Quick Summary

243 Alexandra Road is a industrial building in District 3 · Bukit Merah, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 4 transactions are on record since 1995, most recently in Dec 2014. 10 units are currently listed for sale or rent. ACRA records 24 live company registrations at this address.

The facts are here — now get the verdict on 243 Alexandra Road.

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What are the key facts about 243 Alexandra Road?

Key takeaway243 Alexandra Road is a industrial building in District 3 · Bukit Merah, zoned BUSINESS 1, held freehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Freehold
District / Area: District 3 · Bukit Merah
Address: 243 Alexandra Road
Land area: —
Completed: 2020 (JTC industrial completions)
Storeys: 6 (© OpenStreetMap contributors)
Developer: BottomSlim New York Pte Ltd (JTC industrial completions)
Listed as: Light Industrial (B1)
Transactions on record: 4 (records start 1995)
Live listings: 10
ACRA registrations: 24

What are the specs at 243 Alexandra Road?

Key takeawayThe building's specs as its sources state them — the listing agent or the management can confirm a unit's own.

Facilities: car park; Source: CommercialGuru

About 243 Alexandra Road

243 Alexandra Road is an industrial property in Queenstown (District 03). It is located along Alexandra Road, Singapore 159932.

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.

4 transactions have been recorded here, at a median of S$1,526 psf. The most recent was in December 2014.

Across JTC's rental returns for Alexandra Road, the median rent for industrial space on this street works out to about S$3.42 psf per month over 98 observations. Observed medians on the street span S$0.94 to S$4.20 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 2.9 km away. The closest business-park zone is about 1.9 km away. The nearest MRT is Redhill MRT, 523 m away (about a 8-minute walk). The closest bus stop (Opp Cycle & Carriage) is 105 m away (about a 2-minute walk).

24 businesses are currently registered at this address with ACRA.

What is 243 Alexandra Road zoned as?

Key takeaway243 Alexandra 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 →

What has 243 Alexandra Road sold for?

Key takeaway4 transactions are on record since 1995, most recently in Dec 2014 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Dec 2014	Single-user Factory	S$32.00M	14,753 sqft	$2,169
Dec 2011	Single-user Factory	S$25.00M	14,753 sqft	$1,695
Jan 2011	Single-user Factory	S$20.00M	14,753 sqft	$1,356
Jul 2010	Single-user Factory	S$14.00M	14,753 sqft	$949

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

What does space at 243 Alexandra Road rent for?

Key takeawayNo rent is published for 243 Alexandra Road itself. On its street, Alexandra Road, strata factory space rented at a median of $3.43 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Alexandra Road

Street level · 2026Q3

25th pct

—

— psm

Median

$3.43

$36.87 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +0.9% on a year earlier

2023Q4 · $37.05 psm2026Q3 · $36.87 psm median

This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.

Source: JTC J-SPACE, rental of industrial space by street.

Market context around 243 Alexandra 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.

How fast units move at 243 Alexandra Road

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 6 units for rent; 4 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at 243 Alexandra Road?

Key takeawayURA has approved 3 changes of use at 243 Alexandra Road since 2000, most recently in 2026, and refused 1. 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.

1 Sept 2026RenewedFloor 5
Continued use as core media activities
Continued use of unit #05-XX as core media activities at bs centre
14 Aug 2026ApprovedFloors 1, 5, 3
Change of use to childcare centre and 3rd storey childcare centre
Proposed change of use of units #01-XX, 1st storey mezzanine, #05-XX and 5th storey mezzanine to childcare centre and 3rd storey childcare centre (units #03-XX & #03-XX) to light industrial use
29 Sept 2025ApprovedFloor 3
Change of use to childcare centre
Proposed change of use of light industrial units #03-XX & #03-XX to childcare centre
4 Nov 2024RefusedFloor 2
Change of use to gym/fitness centre
Proposed change of use of 2nd storey (#02-XX, #02-XX & #02-XX) to gym/fitness centre
12 Jun 2023ApprovedFloor 5
Change of use
Proposed change of use of unit #05-XX for core media activities at bs centre

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).

How does Alexandra Road price?

Key takeawayAlexandra Road's current JTC street rent is S$36.87 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 11.3% (10.2% net of property tax).

Strata sales on the street (5y)

Street median PSF (strata)

$365

Indicative street yield

11.3% gross

10.2% 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.

What is available at 243 Alexandra Road right now?

Key takeaway10 units are currently listed at 243 Alexandra Road — 4 for sale and 6 for rent. One row per unit; several agents often market the same unit.

For sale (4)

Freehold Industrial Building in Alexandra For Sale!4 agentsS$70.00M · 54,748 sqft
BS Centre2 agentsS$70.00M · 36,883 sqft
Standalone Freehold B1 Building2 agentsS$69.00M · 37,000 sqft
Freehold Industrial Building in Alexandra for Sale3 agentsS$68.00M · 36,883 sqft

For rent (6)

Bs CentreS$10k/mo · 2,400 sqft
BS Centre2 agentsS$11k/mo · 3,340 sqft
BS CentreS$13k/mo · 2,134 sqft
BS Centre4 agentsS$10k/mo · 3,340 sqft

Browse every listing at this building →

What is near 243 Alexandra Road?

Key takeawayThe nearest MRT/LRT is Redhill MRT, about 523 m away.

Getting around

Redhill MRT523 m · ~8 min

Amenities nearby

Opp Cycle & Carriage · 105 mEducational Institution · 170 mAlexandra Family Clinic & Surgery · 200 mRedhill MRT Exit A · 561 mABC Brickworks Market & Food Centre · 719 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 243 Alexandra Road

Key takeawayThe nearest station is Redhill (EW18), 523 m away — a moderately busy station, with about 39,000 taps in and out on an average weekday. 21 public car parks are within 500 m.

Foot traffic: busier than 95% of industrial buildings

nearest MRT/LRT Redhill (EW18) 523 m, about 39,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 11, about 14,000 taps a weekday; Bukit Merah: 103,575 resident workers (Census 2020, by workplace); about 49,000 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.

Stations within 1 km

Redhill (EW18)523 m · about 39,000 weekday taps
Queenstown (EW19)749 m · about 36,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 243 Alexandra Road. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 14,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Leng Kee Rd (URA)105 m
S$0.60 per half-hour at midday on a weekday · 24 car lots
Blk 60A Strathmore Avenue (HDB)122 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 327 car lots
Blk 57 Dawson Rd (HDB)203 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 250 car lots
Kung Chong Rd (URA)226 m
S$0.60 per half-hour at midday on a weekday · 27 car lots
Blk 129A Clarence Lane (HDB)231 m
S$0.60 per half-hour at midday on a weekday · gantry 2 m · 245 car lots

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Queensway Off St (Ride Out Tea Garden), 1.9 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 243 Alexandra Road's own car park, if it has one, and its charges are not in the open data.

Who's registered at 243 Alexandra Road?

Key takeaway24 live companies (and LLPs and branches; sole proprietors are not counted) list 243 Alexandra Road as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
8
Wholesale and retail trade
3
Other services
3
Construction
3
Real estate
3
Professional, scientific and technical services
1
Health and social services
1
Manufacturing
1
Arts, entertainment and recreation
1
Education
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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$36.81 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$36.81 psm/mo
Observed range: S$10.09 – S$45.21

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.

Frequently asked questions about 243 Alexandra Road

Where is 243 Alexandra Road?⌄

243 Alexandra Road is at 243 Alexandra Road, Singapore 159932, in the Queenstown planning area.

What is 243 Alexandra Road zoned as?⌄

243 Alexandra 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 243 Alexandra 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 243 Alexandra Road?⌄

243 Alexandra Road is freehold.

What have units at 243 Alexandra Road sold for?⌄

Across 4 recorded transactions, the median is S$1,526 psf. The latest was in December 2014.

What does industrial space near 243 Alexandra Road rent for?⌄

JTC's rental returns for Alexandra Road put the median at about S$3.42 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Alexandra Road, not a rent quoted for 243 Alexandra Road itself.

What is the nearest MRT station to 243 Alexandra Road?⌄

Redhill MRT is the closest, 523 m away (about a 8-minute walk).

How many businesses are registered at 243 Alexandra Road?⌄

24 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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Read the figures right

Completion year: the first quarter JTC records a TOP (Temporary Occupation Permit) at this address. JTC lists major industrial projects (7,000 sqm and up) from 2013; where an older building stood on the site, this is the current building's year.

Developer: as named on JTC's completion record, often the project company rather than the listed group.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

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.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

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 industrial completions, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, CommercialGuru, OpenStreetMap (© OpenStreetMap contributors) — 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.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.