IndustrialBUSINESS 1LeaseholdDistrict 19 · Serangoon

52 Serangoon North Avenue 4

Reviewed by Nathan TangUpdated 8 November 2026Data through Feb 2005

Quick Summary

52 Serangoon North Avenue 4 is a industrial building in District 19 · Serangoon, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 1 transaction is on record since 1995, most recently in Feb 2005. ACRA records 4 live company registrations at this address.

The facts are here — now get the verdict on 52 Serangoon North Avenue 4.

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What are the key facts about 52 Serangoon North Avenue 4?

Key takeaway52 Serangoon North Avenue 4 is a industrial building in District 19 · Serangoon, zoned BUSINESS 1, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 19 · Serangoon
Address: 52 Serangoon North Avenue 4
Land area: —
Completed: Not on record
Storeys: 7 (© OpenStreetMap contributors)
Owner: CapitaLand Ascendas REIT (SGX filings)
Net lettable area: 118,877 sq ft (the owner's annual report (as filed on SGX))
Estate (JTC): Serangoon North Industrial Estate
Transactions on record: 1 (records start 1995)
Live listings: None
ACRA registrations: 4

Who owns 52 Serangoon North Avenue 4, and what is it valued at?

Key takeaway52 Serangoon North Avenue 4 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.

Valued at S$26 million as at 31 Dec 2025, by C&W.

per CapitaLand Ascendas REIT's SGX filing, 5 Feb 2026

Earlier: S$24.8 million (31 Dec 2024) · S$23 million (31 Dec 2022)

52 Serangoon North Avenue 4: CapitaLand Ascendas REIT's annual report (2025)

Occupancy: 100% (as of 31 Dec 2025)

per CapitaLand Ascendas REIT's annual report (SGX), 1 Apr 2026, page 50

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 52 Serangoon North Avenue 4

52 Serangoon North Avenue 4 is an industrial property in Serangoon (District 19). It is located along Serangoon North Avenue 4, Singapore 555853.

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 0 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$201 psf. The most recent was in February 2005.

Across JTC's rental returns for Serangoon North Avenue 4, the median rent for industrial space on this street works out to about S$1.95 psf per month over 69 observations. Observed medians on the street span S$1.14 to S$3.01 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 3.5 km away. The closest business-park zone is about 4.0 km away. The closest bus stop (Opp Blk 953) is 82 m away (about a 1-minute walk).

4 businesses are currently registered at this address with ACRA.

What is 52 Serangoon North Avenue 4 zoned as?

Key takeaway52 Serangoon North Avenue 4 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 52 Serangoon North Avenue 4 sold for?

Key takeaway1 transaction is on record since 1995, most recently in Feb 2005 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Feb 2005	Single-user Factory	S$14.00M	69,584 sqft	$201

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 52 Serangoon North Avenue 4 rent for?

Key takeawayNo rent is published for 52 Serangoon North Avenue 4 itself. On its street, Serangoon North Avenue 4, strata factory space rented at a median of $2.81 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 Serangoon North Avenue 4

Street level · 2026Q3

25th pct

—

— psm

Median

$2.81

$30.23 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +3.6% on a year earlier

2023Q4 · $30.82 psm2026Q3 · $30.23 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 52 Serangoon North Avenue 4

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.

How does Serangoon North Avenue 4 price?

Key takeawaySerangoon North Avenue 4's current JTC street rent is S$30.23 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 5.6% (5.0% net of property tax).

Strata sales on the street (5y)

Street median PSF (strata)

$555

Indicative street yield

5.6% gross

5.0% 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.

What is near 52 Serangoon North Avenue 4?

Amenities nearby

Opp Blk 953 · 82 mDedicare Medical Practice & Surgery @ Hougang · 131 mEducational Institution · 309 mCi Yuan Hawker Centre · 762 mInstitute of Mental Health · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 52 Serangoon North Avenue 4

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Fernvale, 1.8 km away. 10 public car parks are within 500 m.

Foot traffic: busier than 71% of industrial buildings

no MRT/LRT within 1 km (nearest Fernvale, 1.8 km); bus stops within 400 m: 13, about 25,000 taps a weekday; Serangoon: 38,451 resident workers (Census 2020, by workplace); about 61,000 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.

Bus

13 bus stops within 400 m, with about 25,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 955A Hougang Avenue 9 (HDB)195 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 778 car lots
Blk 504A Serangoon North Avenue 4 (HDB)234 m
S$0.60 per half-hour at midday on a weekday · gantry 2 m · 450 car lots
Blk 531/536 Serangoon North Avenue 4 (HDB)270 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 270 car lots
Blk 966A Hougang Avenue 9 (HDB)282 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 784 car lots
Blk 500/506B Serangoon North Avenue 4 (HDB)326 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 224 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: Service Rd (Jln Kelulu T), 802 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 52 Serangoon North Avenue 4's own car park, if it has one, and its charges are not in the open data.

Who's registered at 52 Serangoon North Avenue 4?

Key takeaway4 live companies (and LLPs and branches; sole proprietors are not counted) list 52 Serangoon North Avenue 4 as their registered address. These are registered businesses, not who occupies the space.

Professional, scientific and technical services
2
Manufacturing
1
Financial and insurance
1
Wholesale and retail trade
0
Construction
0
Administrative and support 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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$20.94 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$20.94 psm/mo
Observed range: S$12.26 – S$32.36

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 52 Serangoon North Avenue 4

Where is 52 Serangoon North Avenue 4?⌄

52 Serangoon North Avenue 4 is at 52 Serangoon North Avenue 4, Singapore 555853, in the Serangoon planning area.

What is 52 Serangoon North Avenue 4 zoned as?⌄

52 Serangoon North Avenue 4 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 52 Serangoon North Avenue 4?⌄

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 52 Serangoon North Avenue 4?⌄

52 Serangoon North Avenue 4 is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 52 Serangoon North Avenue 4 sold for?⌄

Across 1 recorded transaction, the median is S$201 psf. The latest was in February 2005.

What does industrial space near 52 Serangoon North Avenue 4 rent for?⌄

JTC's rental returns for Serangoon North Avenue 4 put the median at about S$1.95 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Serangoon North Avenue 4, not a rent quoted for 52 Serangoon North Avenue 4 itself.

How many businesses are registered at 52 Serangoon North Avenue 4?⌄

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

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Read the figures right

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

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.

Net lettable area: as the owner's latest annual report prints it (sq m converted to sq ft where needed).

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".

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), 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.