247 Alexandra Road
247 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 leasehold with roughly 25 years remaining. 1 transaction is on record since 1995, most recently in Aug 2004. ACRA records 1 live company registration at this address.
What are the key facts about 247 Alexandra Road?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 3 · Bukit Merah
- Address
- 247 Alexandra Road
- Land area
- —
- Completed
- Not on record
- Storeys
- 5 (© OpenStreetMap contributors)
- Owner
- CapitaLand Ascendas REIT (SGX filings)
- Net lettable area
- 137,810 sq ft (the owner's annual report (as filed on SGX))
- Estate (JTC)
- Alexandra Village Industrial Estate
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 1
Who owns 247 Alexandra Road, and what is it valued at?
- Occupancy
- 100% (as of 31 Dec 2025)
Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.
About 247 Alexandra Road
247 Alexandra Road is an industrial property in Queenstown (District 03). It is located along Alexandra Road, Singapore 159934.
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 25 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$81 psf. The most recent was in August 2004.
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 2.8 km away. The closest business-park zone is about 1.8 km away. The nearest MRT is Redhill MRT, 584 m away (about a 9-minute walk). The closest bus stop (Skoda S'pore/Volkswagen Grp) is 67 m away (about a 1-minute walk).
6 businesses are currently registered at this address with ACRA.
What is 247 Alexandra Road zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has 247 Alexandra Road sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Aug 2004 | Single-user Factory | S$324k | 4,017 sqft | $81 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at 247 Alexandra Road rent for?
Strata factory space on Alexandra Road
Street level · 2026Q3S$ per sq ft per month (median only published) · median +0.9% on a year earlier
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 247 Alexandra Road
- 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
- 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
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 247 Alexandra Road?
- 2 Jun 2022ApprovedAdditions & alterations
Proposed additions and alterations to existing 5-storey single user industrial factory with ancillary car showroom at 1st storey on lots 01964k & 98421l mk 01 at 247 alexandra road (bukit merah planning area)
- 8 Jul 2021ApprovedAdditions & alterations
Regularisation of gfa & proposed amendment to approved additions and alterations to existing 5-storey single-user light industrial building with ancillary car showroom at 1st storey on lots 01964k, 98421l, mk 01 at 247 alexandra road (bukit merah planning area)
- 26 Mar 2020ApprovedAdditions & alterations
Proposed additions and alterations to existing 5-storey single user light industrial factory with ancillary car showroom at 1st storey on lots 01964k, 98421l mk 01 at 247 alexandra road (bukit merah planning area)
- 29 Jun 2010ApprovedAdditions & alterations
Proposed additions and alterations to the existing 5-storey single user light industrial building with ancillary car showroom at 1st storey
- 22 Jan 2010ApprovedAdditions & alterations
Proposed alterations to the existing 5 storey single user light industrial building with ancillary car showroom
- 30 Jan 2009ApprovedAdditions & alterations
Proposed addition of 2 canopies over the existing driveway to the existing 5-sty single user light industrial building
- 6 Jan 2005ApprovedAdditions & alterations
Proposed add. & alt.to the existing 5-storey single user industrial building to motorvehicle workshop (light industrial use) with ancillary motor vehicle showroom� ancillary
- 24 Mar 2003ApprovedAdditions & alterations
Proposed additions and alterations to the existing 4-storey single user industrial building to motor vehicle workshop with ancillary motor vehilce showroom, ancillary store and ancillary office
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?
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 near 247 Alexandra Road?
Getting around
- Redhill MRT584 m · ~9 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 247 Alexandra Road
nearest MRT/LRT Redhill (EW18) 584 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 50,000 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)584 m · about 39,000 weekday taps
- Queenstown (EW19)691 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 247 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)92 mS$0.60 per half-hour at midday on a weekday · 24 car lots
- Blk 60A Strathmore Avenue (HDB)125 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 327 car lots
- Blk 57 Dawson Rd (HDB)165 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 250 car lots
- Kung Chong Rd (URA)186 mS$0.60 per half-hour at midday on a weekday · 27 car lots
- Blk 56A Strathmore Avenue (HDB)260 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 274 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), 1.8 km away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. 247 Alexandra Road's own car park, if it has one, and its charges are not in the open data.
Who's registered at 247 Alexandra Road?
- Wholesale and retail trade1
- Manufacturing0
- Professional, scientific and technical services0
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?
- 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 247 Alexandra Road
Where is 247 Alexandra Road?⌄
247 Alexandra Road is at 247 Alexandra Road, Singapore 159934, in the Queenstown planning area.
What is 247 Alexandra Road zoned as?⌄
247 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 247 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 247 Alexandra Road?⌄
247 Alexandra Road is leasehold. About 25 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at 247 Alexandra Road sold for?⌄
Across 1 recorded transaction, the median is S$81 psf. The latest was in August 2004.
What does industrial space near 247 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 247 Alexandra Road itself.
What is the nearest MRT station to 247 Alexandra Road?⌄
Redhill MRT is the closest, 584 m away (about a 9-minute walk).
How many businesses are registered at 247 Alexandra Road?⌄
6 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on 247 Alexandra Road.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
