IndustrialBUSINESS 1LeaseholdDistrict 3 · Bukit Merah

247 Alexandra Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2004
Quick Summary

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.

1

What are the key facts about 247 Alexandra Road?

Key takeaway247 Alexandra Road is a industrial building in District 3 · Bukit Merah, zoned BUSINESS 1, held leasehold.
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
2

Who owns 247 Alexandra Road, and what is it valued at?

Key takeaway247 Alexandra Road is owned by CapitaLand Ascendas REIT, a REIT listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.
247 Alexandra Road: CapitaLand Ascendas REIT's annual report (2025)
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.

3

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.

4

What is 247 Alexandra Road zoned as?

Key takeaway247 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 →

5

What has 247 Alexandra Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Aug 2004 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2004Single-user FactoryS$324k4,017 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

6

What does space at 247 Alexandra Road rent for?

Key takeawayNo rent is published for 247 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.

7

Market context around 247 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.

8

What's been approved at 247 Alexandra Road?

Key takeawayURA's planning decisions at 247 Alexandra Road since 2000 are below. 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. 2 Jun 2022Approved
    Additions & 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)

  2. 8 Jul 2021Approved
    Additions & 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)

  3. 26 Mar 2020Approved
    Additions & 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)

  4. 29 Jun 2010Approved
    Additions & alterations

    Proposed additions and alterations to the existing 5-storey single user light industrial building with ancillary car showroom at 1st storey

  5. 22 Jan 2010Approved
    Additions & alterations

    Proposed alterations to the existing 5 storey single user light industrial building with ancillary car showroom

  6. 30 Jan 2009Approved
    Additions & alterations

    Proposed addition of 2 canopies over the existing driveway to the existing 5-sty single user light industrial building

  7. 6 Jan 2005Approved
    Additions & 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

  8. 24 Mar 2003Approved
    Additions & 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).

9

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)
28
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.

10

What is near 247 Alexandra Road?

Key takeawayThe nearest MRT/LRT is Redhill MRT, about 584 m away.

Getting around

Amenities nearby

Skoda S'pore/Volkswagen Grp · 67 mAlexandra Family Clinic & Surgery · 166 mEducational Institution · 209 mRedhill MRT Exit A · 621 mABC Brickworks Market & Food Centre · 651 mAlexandra Hospital · 1.5 km

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at 247 Alexandra Road

Key takeawayThe nearest station is Redhill (EW18), 584 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) 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 m
    S$0.60 per half-hour at midday on a weekday · 24 car lots
  • Blk 60A Strathmore Avenue (HDB)125 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 327 car lots
  • Blk 57 Dawson Rd (HDB)165 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 250 car lots
  • Kung Chong Rd (URA)186 m
    S$0.60 per half-hour at midday on a weekday · 27 car lots
  • Blk 56A Strathmore Avenue (HDB)260 m
    S$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.

12

Who's registered at 247 Alexandra Road?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list 247 Alexandra Road as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    1
  • Manufacturing
    0
  • Professional, scientific and technical services
    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.

13

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.

14

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.

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