IndustrialBUSINESS 1LeaseholdDistrict 13 · Toa Payoh

459 Macpherson Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2026

Quick Summary

459 Macpherson Road is a industrial building in District 13 · Toa Payoh, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 38 years remaining. 6 transactions are on record since 1995, most recently in Aug 2026. ACRA records 5 live company registrations at this address.

The facts are here — now get the verdict on 459 Macpherson Road.

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What are the key facts about 459 Macpherson Road?

Key takeaway459 Macpherson Road is a industrial building in District 13 · Toa Payoh, zoned BUSINESS 1, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 13 · Toa Payoh
Address: 459 Macpherson Road
Land area: —
Completed: 2014 (JTC industrial completions)
Storeys: Not on record
Developer: Homeland Construction Pte Ltd (JTC industrial completions)
Estate (JTC): Kampong Ampat Industrial Estate
Transactions on record: 6 (records start 1995)
Live listings: None
ACRA registrations: 5

About 459 Macpherson Road

459 Macpherson Road is an industrial property in Toa Payoh (District 13). It is located along Macpherson Road, Singapore 368177.

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 38 years left to run.

5 transactions have been recorded here, at a median of S$625 psf. The most recent was in February 2021.

Across JTC's rental returns for Macpherson Road, the median rent for industrial space on this street works out to about S$1.65 psf per month over 106 observations. Observed medians on the street span S$0.75 to S$3.23 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 7.0 km away. The closest business-park zone is about 862 m away. The nearest MRT is Mattar MRT, 632 m away (about a 10-minute walk). The closest bus stop (Aft Jln Belangkas) is 49 m away (about a 1-minute walk).

11 businesses are currently registered at this address with ACRA.

What is 459 Macpherson Road zoned as?

Key takeaway459 Macpherson 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 →

What has 459 Macpherson Road sold for?

Key takeaway6 transactions are on record since 1995, most recently in Aug 2026 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Aug 2026	Single-user Factory	S$9.50M	6,490 sqft	$1,464
Feb 2021	Single-user Factory	S$8.50M	6,490 sqft	$1,310
Jul 2020	Single-user Factory	S$7.78M	6,490 sqft	$1,198
Dec 2011	Single-user Factory	S$4.45M	7,201 sqft	$618
Jun 2011	Single-user Factory	S$4.50M	7,201 sqft	$625
Jul 2010	Single-user Factory	S$3.85M	7,201 sqft	$535

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 459 Macpherson Road rent for?

Key takeawayNo rent is published for 459 Macpherson Road itself. On its street, Macpherson Road, strata factory space rented at a median of $2.39 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 Macpherson Road

Street level · 2026Q3

25th pct

—

— psm

Median

$2.39

$25.76 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +9% on a year earlier

2023Q4 · $24.02 psm2026Q3 · $25.76 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.

Market context around 459 Macpherson 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.

What's been approved at 459 Macpherson Road?

Key takeawayThis is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

F&B and nightlife here

URA does not approve new eating houses (restaurants, coffee shops, cafes) here; an existing one's permission may be renewed.

Per URA circular DC23-08, Appendix A (2 Oct 2023: no new eating houses in shophouses on listed stretches). A planning guideline for the area, not a decision on any unit; it applies to new eating houses and bars, not to one already approved.

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 Macpherson Road price?

Strata sales on the street (5y)

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.

What is near 459 Macpherson Road?

Key takeawayThe nearest MRT/LRT is Mattar MRT, about 632 m away.

Getting around

Mattar MRT632 m · ~10 min

Amenities nearby

Aft Jln Belangkas · 49 mWinnie Medical Centre · 355 mEducational Institution · 535 mMattar MRT Exit A · 591 mBlk 80 Circuit Road · 692 mBusiness Park · 862 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 459 Macpherson Road

Key takeawayThe nearest station is Mattar (DT25), 591 m away — a quiet station, with 9,848 taps in and out on an average weekday. 21 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 91% of industrial buildings

nearest MRT/LRT Mattar (DT25) 591 m, about 9,848 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 5, about 6,134 taps a weekday; Toa Payoh: 53,749 resident workers (Census 2020, by workplace); about 42,000 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

Mattar (DT25)591 m · 9,848 weekday taps
Tai Seng (CC11)620 m · about 45,000 weekday taps
MacPherson (CC10 / DT26)941 m · about 39,000 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 459 Macpherson Road. Transfers between lines don't tap, so interchanges read low.

Bus

5 bus stops within 400 m, with 6,134 boardings and alightings on an average weekday.

Public car parks within 500 m

Macpherson Road Area (URA)37 m
season S$90/month
Macpherson Rd (URA)50 m
S$0.60 per half-hour at midday on a weekday · 28 car lots
Jln Mesin (URA)79 m
S$0.60 per half-hour at midday on a weekday · 8 car lots
Harvey Rd (URA)185 m
S$0.60 per half-hour at midday on a weekday · 8 car lots
Upp Aljunied Link Off St (URA)222 m
S$0.60 per half-hour at midday on a weekday · 15 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 459 Macpherson Road's own car park, if it has one, and its charges are not in the open data.

Who's registered at 459 Macpherson Road?

Key takeaway5 live companies (and LLPs and branches; sole proprietors are not counted) list 459 Macpherson Road as their registered address. These are registered businesses, not who occupies the space.

Accommodation and food services
2
Administrative and support services
1
Construction
1
Transportation and storage
1
Wholesale and retail trade
0
Financial and insurance
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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$17.70 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$17.70 psm/mo
Observed range: S$8.10 – S$34.72

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 459 Macpherson Road

Where is 459 Macpherson Road?⌄

459 Macpherson Road is at 459 Macpherson Road, Singapore 368177, in the Toa Payoh planning area.

What is 459 Macpherson Road zoned as?⌄

459 Macpherson 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 459 Macpherson 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 459 Macpherson Road?⌄

459 Macpherson Road is leasehold. About 38 years remain on the lease.

What have units at 459 Macpherson Road sold for?⌄

Across 5 recorded transactions, the median is S$625 psf. The latest was in February 2021.

What does industrial space near 459 Macpherson Road rent for?⌄

JTC's rental returns for Macpherson Road put the median at about S$1.65 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Macpherson Road, not a rent quoted for 459 Macpherson Road itself.

What is the nearest MRT station to 459 Macpherson Road?⌄

Mattar MRT is the closest, 632 m away (about a 10-minute walk).

How many businesses are registered at 459 Macpherson Road?⌄

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

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Read the figures right

Completion year: the first quarter JTC records a TOP (Temporary Occupation Permit) at this address. JTC lists major industrial projects (7,000 sqm and up) from 2013; where an older building stood on the site, this is the current building's year.

Developer: as named on JTC's completion record, often the project company rather than the listed group.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

F&B / nightlife: per URA circular DC23-08, Appendix A (2 Oct 2023: no new eating houses in shophouses on listed stretches). A planning guideline, not a decision on any unit.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from JTC industrial completions, JTC estate boundaries, URA circular DC23-08 (2 Oct 2023), URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.