IndustrialBUSINESS 1LeaseholdDistrict 16 · Bedok

508 Chai Chee Lane

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2013

Quick Summary

508 Chai Chee Lane is a industrial building in District 16 · Bedok, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 5 years remaining. 1 transaction is on record since 1995, most recently in Aug 2013. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on 508 Chai Chee Lane.

Ask PropKaki

What are the key facts about 508 Chai Chee Lane?

Key takeaway508 Chai Chee Lane is a industrial building in District 16 · Bedok, zoned BUSINESS 1, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 16 · Bedok
Address: 508 Chai Chee Lane
Land area: —
Completed: Not on record
Storeys: 7 (© OpenStreetMap contributors)
Owner: Alpha Integrated REIT (SGX filings)
Land lease expires: 2060 (the owner's annual report (as filed on SGX))
Estate (JTC): Bedok Industrial Estate
Transactions on record: 1 (records start 1995)
Live listings: None
ACRA registrations: 0

Who owns 508 Chai Chee Lane, and what is it valued at?

Key takeaway508 Chai Chee Lane is owned by Alpha Integrated 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.

Valued at S$72 million as at 31 Dec 2025, by JLL.

per Alpha Integrated REIT's SGX filing, 23 Jan 2026

508 Chai Chee Lane: Alpha Integrated REIT's annual report (2025)

Committed occupancy: 99% (as of 31 Dec 2025)
Occupancy: 99.2% (as of 31 Dec 2025)
Land lease expires: Apr 2060

per Alpha Integrated REIT's annual report (SGX), 1 Apr 2026, page 111

Whole-building deals

Announced 22 Aug 2013
HSBC Institutional Trust Services (Singapore) Limited, in its capacity as trustee of Sabana REIT bought 508 Chai Chee Lane for S$59.5 million (purchase consideration) from Advanced Micro Devices (Singapore) Pte Ltd.
Announcement on SGX

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 508 Chai Chee Lane

508 Chai Chee Lane is an industrial property in Bedok (District 16). It is located along Chai Chee Lane, Singapore 469032.

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 5 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$523 psf. The most recent was in August 2013.

Across JTC's rental returns for Chai Chee Lane, the median rent for industrial space on this street works out to about S$1.43 psf per month over 59 observations. Observed medians on the street span S$1.20 to S$1.85 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

1 industrial project is still uncompleted on this street, adding about 2,300 sqm of gross floor area, the earliest due around 2029.

The nearest port or airport land is about 6.3 km away. The closest business-park zone is about 783 m away. The nearest MRT is Bedok North MRT, 545 m away (about a 8-minute walk). The closest bus stop (Hua Yu Mansions) is 271 m away (about a 4-minute walk).

What is 508 Chai Chee Lane zoned as?

Key takeaway508 Chai Chee Lane 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 508 Chai Chee Lane sold for?

Key takeaway1 transaction is on record since 1995, most recently in Aug 2013 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Aug 2013	Single-user Factory	S$59.50M	113,690 sqft	$523

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 508 Chai Chee Lane rent for?

Key takeawayNo rent is published for 508 Chai Chee Lane itself. On its street, Chai Chee Lane, strata factory space rented at a median of $1.45 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 Chai Chee Lane

Street level · 2026Q3

25th pct

—

— psm

Median

$1.45

$15.61 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median -3.3% on a year earlier

2023Q4 · $15.61 psm2026Q3 · $15.61 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 508 Chai Chee Lane

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 508 Chai Chee Lane?

Key takeawayURA's planning decisions at 508 Chai Chee Lane 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.

25 May 2016Approved
Additions & alterations
Regularisation of gfa and amendments to the approved additions & alterations to 1st and 2nd storey of existing 7-storey single user clean & light industrial building with basements
24 Mar 2016Approved
Additions & alterations
Proposed additions & alterations to 1st and 2nd storey of existing 7-storey single user clean & light indistrial building with basements on lot 06084k mk 28 at 508 chai chee lane
6 Jan 2016Approved
Additions & alterations
Proposed additions & alterations to 1st storey of the existing 7-storey single-user clean & light e-industrial building with basements.
16 Nov 2010Approved
Additions & alterations
Proposed additions & alterations to basement 1 of existing 7-storey single user clean & light e-industrial building with two levels of basement car parks on lot 6084k mk-28 at 508 chai chee lane for m/s advanced micro devices (s) pte ltd
27 Feb 2007Approved
Additions & alterations
Proposal additions & alterations to basement-1 & 1st storey of existing 7-storey single user clean & light e-industrial building
27 Feb 2007Refused
Additions & alterations
Pro. regularisation & amendment to approved a & a to basement-1, 1st sty & 2nd sty of existing 7-sty single user clean & light e-industrial bldg with two levels of basement carparks
6 Apr 2006Approved
Additions & alterations
Additions & alterations to basement-1 & 1st storey of existing 7-storey single user clean & light e-industrial building
20 Mar 2006Refused
Additions & alterations
Additions & alterations to basement-1 & 1st storey of existing 7-storey single user clean & light e-industrial 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).

What is near 508 Chai Chee Lane?

Key takeawayThe nearest MRT/LRT is Bedok North MRT, about 545 m away.

Getting around

Bedok North MRT545 m · ~9 min

Amenities nearby

Aidan Medical Clinic · 167 mHua Yu Mansions · 271 mBlk 630 Bedok Reservoir Road · 377 mEducational Institution · 472 mBedok North MRT Exit C · 505 mBusiness Park · 783 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 508 Chai Chee Lane

Key takeawayThe nearest station is Bedok North (DT29), 505 m away — a moderately busy station, with about 17,000 taps in and out on an average weekday. 8 public car parks are within 500 m.

Foot traffic: busier than 73% of industrial buildings

nearest MRT/LRT Bedok North (DT29) 505 m, about 17,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 3, about 4,827 taps a weekday; Bedok: 59,875 resident workers (Census 2020, by workplace); about 44,000 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

Bedok North (DT29)505 m · about 17,000 weekday taps
Kaki Bukit (DT28)959 m · about 25,000 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 508 Chai Chee Lane. Transfers between lines don't tap, so interchanges read low.

Bus

3 bus stops within 400 m, with 4,827 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 611/616 Bedok Reservoir Road (HDB)224 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 322 car lots
Blk 613C Bedok Reservoir Road (HDB)357 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 329 car lots
Blk 601/605 Bedok Reservoir Road (HDB)363 m
S$0.60 per half-hour at midday on a weekday · 581 car lots
Blk 630 Bedok Reservoir Road (HDB)375 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 46 car lots
Blk 630/632 Bedok Reservoir Road (HDB)380 m
S$0.60 per half-hour at midday on a weekday · gantry 4.3 m · 170 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Nearest URA season parking: Changi Road Area, 1.4 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 508 Chai Chee Lane's own car park, if it has one, and its charges are not in the open data.

How many companies are registered at 508 Chai Chee Lane?

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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$15.34 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$15.34 psm/mo
Observed range: S$12.92 – S$19.91
Pipeline on this street: 1 project · earliest TOP 2029

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 508 Chai Chee Lane

Where is 508 Chai Chee Lane?⌄

508 Chai Chee Lane is at 508 Chai Chee Lane, Singapore 469032, in the Bedok planning area.

What is 508 Chai Chee Lane zoned as?⌄

508 Chai Chee Lane 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 508 Chai Chee Lane?⌄

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 508 Chai Chee Lane?⌄

508 Chai Chee Lane is leasehold. About 5 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 508 Chai Chee Lane sold for?⌄

Across 1 recorded transaction, the median is S$523 psf. The latest was in August 2013.

What does industrial space near 508 Chai Chee Lane rent for?⌄

JTC's rental returns for Chai Chee Lane put the median at about S$1.43 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Chai Chee Lane, not a rent quoted for 508 Chai Chee Lane itself.

What is the nearest MRT station to 508 Chai Chee Lane?⌄

Bedok North MRT is the closest, 545 m away (about a 8-minute walk).

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

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.

Owner: the REIT or SGX-listed company whose latest valuation notice or annual report lists this building (a later divestment removes it). '(N% interest)' or '(part of the strata)' when it holds less than the whole. A building with no listed owner shows none — a private owner is never named.

Land lease expiry: the year the owner's SGX filing prints for the land lease (state land; JTC for industrial).

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.

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.

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".

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

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 estate boundaries, the owner's SGX filings, the owner's annual report (as filed on SGX), HDB car park information (data.gov.sg), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Owners, valuations and deals: the owners' own filings on SGX (notices of valuation of real assets, acquisition and divestment announcements, annual reports), facts only, each with its date.

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.