IndustrialFreeholdDistrict 8 · Kallang

324,324b,324c,324d King George's Avenue

Reviewed by Nathan TangUpdated 8 November 2026Data through May 1996
Quick Summary

324,324b,324c,324d King George's Avenue is a industrial building in District 8 · Kallang. It is freehold. 1 transaction is on record since 1995, most recently in May 1996. ACRA records 0 live company registrations at this address.

1

What are the key facts about 324,324b,324c,324d King George's Avenue?

Key takeaway324,324b,324c,324d King George's Avenue is a industrial building in District 8 · Kallang, held freehold.
Asset class
Industrial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Freehold
District / Area
District 8 · Kallang
Address
324,324b,324c,324d King George's Avenue
Land area
—
Completed
Not on record
Storeys
Not on record
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 324,324b,324c,324d King George's Avenue

324,324B,324C,324D King George'S Avenue is an industrial property in Kallang (District 08). It is located along King George'S Avenue.

The site is freehold.

1 transaction has been recorded here, at a median of S$564 psf. The most recent was in May 1996.

Across JTC's rental returns for King George'S Avenue, the median rent for industrial space on this street works out to about S$1.90 psf per month over 38 observations. Observed medians on the street span S$0.56 to S$3.51 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

3

What has 324,324b,324c,324d King George's Avenue sold for?

Key takeaway1 transaction is on record since 1995, most recently in May 1996 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 1996Multiple-user FactoryS$4.04M7,158 sqft$564

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

4

What does space at 324,324b,324c,324d King George's Avenue rent for?

Key takeawayJTC publishes leases at 324,324b,324c,324d King George's Avenue itself: strata factory space leased at a median of $2.10 psf a month in 2025Q1, with the middle half of leases between $1.74 and $2.38. That is the building's figure across its leases, and never a quote for a particular unit.

Strata factory space in this building

This building · 2025Q1
25th pct
$1.74
$18.75 psm
Median
$2.10
$22.60 psm
75th pct
$2.38
$25.61 psm

S$ per sq ft per month

2019Q1 · $20.05 psm2025Q1 · $22.60 psm median

JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.

Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.

Strata factory space on King George'S Avenue

Street level · 2026Q3
25th pct
—
— psm
Median
$3.23
$34.82 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

2022Q3 · $18.84 psm2026Q3 · $34.82 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.

5

Market context around 324,324b,324c,324d King George's Avenue

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.

6

What's been approved at 324,324b,324c,324d King George's Avenue?

Key takeawayURA's planning decisions at 324,324b,324c,324d King George's Avenue 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. 1 Feb 2005Approved
    Additions & alterations

    Proposed additions and alterations to the existing 4-storey light industrial building (including the addition of a passenger lift)

  2. 24 Feb 2000Refused
    Change of use to new/used car showroom-cum-trading office

    Change of use of the 1st sty light industrial fty unit with mezzanine floor to new/used car showroom-cum-trading 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).

7

How does King George's Avenue price?

Strata sales on the street (5y)
8

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

8

How many companies are registered at 324,324b,324c,324d King George's Avenue?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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$20.43 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$20.43 psm/mo
Observed range
S$6.00 – S$37.78

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 324,324b,324c,324d King George's Avenue

Where is 324,324B,324C,324D King George'S Avenue?⌄

324,324B,324C,324D King George'S Avenue is at 324,324B,324C,324D King George'S Avenue, in the Kallang planning area.

What is the tenure of 324,324B,324C,324D King George'S Avenue?⌄

324,324B,324C,324D King George'S Avenue is freehold.

What have units at 324,324B,324C,324D King George'S Avenue sold for?⌄

Across 1 recorded transaction, the median is S$564 psf. The latest was in May 1996.

What does industrial space near 324,324B,324C,324D King George'S Avenue rent for?⌄

JTC's rental returns for King George'S Avenue put the median at about S$1.90 psf per month. That is a street-level figure from undated snapshots covering all industrial space on King George'S Avenue, not a rent quoted for 324,324B,324C,324D King George'S Avenue itself.

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