IndustrialBUSINESS 1FreeholdDistrict 5 · Queenstown

38 Alexandra Terrace

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2016
Quick Summary

38 Alexandra Terrace is a industrial building in District 5 · 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 May 2016. ACRA records 6 live company registrations at this address.

1

What are the key facts about 38 Alexandra Terrace?

Key takeaway38 Alexandra Terrace is a industrial building in District 5 · Queenstown, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 5 · Queenstown
Address
38 Alexandra Terrace
Land area
—
Completed
Not on record
Storeys
5 (© OpenStreetMap contributors)
Transactions on record
4 (records start 1995)
Live listings
None
ACRA registrations
6
2

About 38 Alexandra Terrace

38 Alexandra Terrace is an industrial property in Queenstown (District 05). It is located along Alexandra Terrace, Singapore 119932.

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$717 psf. The most recent was in May 2016.

Across JTC's rental returns for Alexandra Terrace, the median rent for industrial space on this street works out to about S$2.69 psf per month over 54 observations. Observed medians on the street span S$0.86 to S$4.31 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 506 m away. The closest business-park zone is about 26 m away. The nearest MRT is Labrador Park MRT, 656 m away (about a 10-minute walk). The closest bus stop (HarbourSide Bldg 2) is 135 m away (about a 2-minute walk).

7 businesses are currently registered at this address with ACRA.

3

What is 38 Alexandra Terrace zoned as?

Key takeaway38 Alexandra Terrace 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 38 Alexandra Terrace sold for?

Key takeaway4 transactions are on record since 1995, most recently in May 2016 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2016Single-user FactoryS$16.50M9,277 sqft$1,778
Jun 2010Single-user FactoryS$8.60M9,277 sqft$927
Dec 2009Single-user FactoryS$4.70M9,277 sqft$507
Nov 2006Single-user FactoryS$3.00M9,277 sqft$323

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

5

Market context around 38 Alexandra Terrace

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 38 Alexandra Terrace?

Key takeawayURA's planning decisions at 38 Alexandra Terrace 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. 24 Nov 2006Refused
    Change of use to office

    Proposed change of use of the 3-storey food packing/store/ancillary office building with roof over machine room to office

  2. 29 Nov 2001Approved
    Additions & alterations

    Proposed addition of a storey and alterations to the existing 3-storey food packing/store/.ancillary office building

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

What is near 38 Alexandra Terrace?

Key takeawayThe nearest MRT/LRT is Labrador Park MRT, about 656 m away.

Getting around

Amenities nearby

Business Park · 26 mHarbourSide Bldg 2 · 135 mRafflesMedical · 159 mPort / Airport · 506 mPasir Panjang MRT Exit A · 635 mPasir Panjang Food Centre · 703 mEducational Institution · 1.1 kmAlexandra Hospital · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

8

Getting there and parking at 38 Alexandra Terrace

Key takeawayThe nearest station is Pasir Panjang (CC26), 635 m away — a quiet station, with about 14,000 taps in and out on an average weekday. 4 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 84% of industrial buildings

nearest MRT/LRT Pasir Panjang (CC26) 635 m, about 14,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 5, about 7,626 taps a weekday; Queenstown: 131,782 resident workers (Census 2020, by workplace); about 11,000 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

  • Pasir Panjang (CC26)635 m · about 14,000 weekday taps
  • Labrador Park (CC27)641 m · about 20,000 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 38 Alexandra Terrace. Transfers between lines don't tap, so interchanges read low.

Bus

5 bus stops within 400 m, with 7,626 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Pasir Panjang Rd Off S T (URA)264 m
    S$0.60 per half-hour at midday on a weekday · 19 car lots
  • Pasir Panjang Road Are A (URA)265 m
    season S$90/month
  • Jln Pelepah Off St (URA)293 m
    S$0.60 per half-hour at midday on a weekday · 54 car lots
  • Pepys Rd Off St (URA)456 m
    S$0.60 per half-hour at midday on a weekday · 30 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 38 Alexandra Terrace's own car park, if it has one, and its charges are not in the open data.

9

Who's registered at 38 Alexandra Terrace?

Key takeaway6 live companies (and LLPs and branches; sole proprietors are not counted) list 38 Alexandra Terrace as their registered address. These are registered businesses, not who occupies the space.
  • Administrative and support services
    2
  • Financial and insurance
    1
  • Construction
    1
  • Wholesale and retail trade
    1
  • Information and communications
    1
  • Professional, scientific and technical services
    0
  • Manufacturing
    0
  • Transportation and storage
    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.

10

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$28.92 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$28.92 psm/mo
Observed range
S$9.30 – S$46.39

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.

11

Frequently asked questions about 38 Alexandra Terrace

Where is 38 Alexandra Terrace?⌄

38 Alexandra Terrace is at 38 Alexandra Terrace, Singapore 119932, in the Queenstown planning area.

What is 38 Alexandra Terrace zoned as?⌄

38 Alexandra Terrace 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 38 Alexandra Terrace?⌄

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 38 Alexandra Terrace?⌄

38 Alexandra Terrace is freehold.

What have units at 38 Alexandra Terrace sold for?⌄

Across 4 recorded transactions, the median is S$717 psf. The latest was in May 2016.

What does industrial space near 38 Alexandra Terrace rent for?⌄

JTC's rental returns for Alexandra Terrace put the median at about S$2.69 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Alexandra Terrace, not a rent quoted for 38 Alexandra Terrace itself.

What is the nearest MRT station to 38 Alexandra Terrace?⌄

Labrador Park MRT is the closest, 656 m away (about a 10-minute walk).

How many businesses are registered at 38 Alexandra Terrace?⌄

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

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