IndustrialBUSINESS 1FreeholdDistrict 3 · Queenstown

243 Alexandra Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2014
Quick Summary

243 Alexandra Road is a industrial building in District 3 · Queenstown, 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. 11 units are currently listed for sale or rent. ACRA records 24 live company registrations at this address.

1

What are the key facts about 243 Alexandra Road?

Key takeaway243 Alexandra Road is a industrial building in District 3 · Queenstown, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 3 · Queenstown
Address
243 Alexandra Road
Land area
Transactions on record
4 (records start 1995)
Live listings
11
ACRA registrations
24
2

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.

3

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 →

4

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.
DateUsePriceAreaPSF
Dec 2014Single-user FactoryS$32.00M14,753 sqft$2,169
Dec 2011Single-user FactoryS$25.00M14,753 sqft$1,695
Jan 2011Single-user FactoryS$20.00M14,753 sqft$1,356
Jul 2010Single-user FactoryS$14.00M14,753 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.

5

How does Alexandra Road price?

Key takeawayAlexandra Road's current JTC street rent is S$39.29 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 12.0% (10.8% net of property tax).
Strata sales on the street (5y)
31
Street median PSF (strata)
$366
Indicative street yield
12.0% gross
10.8% 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.

6

What is available at 243 Alexandra Road right now?

Key takeaway11 units are currently listed at 243 Alexandra Road5 for sale and 6 for rent. One row per unit; several agents often market the same unit.

For sale (5)

  • Freehold Industrial Building in Alexandra For Sale!4 agentsS$70.00M · 54,748 sqft
  • BS Centre2 agentsS$69.89M · 36,883 sqft
  • BS Centre2 agentsS$70.00M · 36,883 sqft
  • Standalone Freehold B1 Building2 agentsS$69.00M · 37,000 sqft

For rent (6)

  • BS Centre2 agentsS$11k/mo · 3,340 sqft
  • BS CentreS$13k/mo · 2,134 sqft
  • BS Centre5 agentsS$10k/mo · 3,340 sqft
  • BS Centre4 agentsS$13k/mo · 2,134 sqft

Browse every listing at this building →

7

What is near 243 Alexandra Road?

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

Getting around

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.

8

How many companies are registered at 243 Alexandra Road?

Key takeawayACRA records 24 live company registrations at this address, 5 of them in the last three years.
Live registrations
24
Registered last 3 years
5

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.

9

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.

10

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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