IndustrialBUSINESS 1LeaseholdDistrict 19 · Serangoon

53 Serangoon North Avenue 4

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2004

Quick Summary

53 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 with roughly 55 years remaining. 1 transaction is on record since 1995, most recently in Dec 2004. 1 unit is currently listed for rent. ACRA records 9 live company registrations at this address.

The facts are here — now get the verdict on 53 Serangoon North Avenue 4.

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What are the key facts about 53 Serangoon North Avenue 4?

Key takeaway53 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: 53 Serangoon North Avenue 4
Land area: 4,950 sqm
Completed: Not on record
Storeys: 5 (© OpenStreetMap contributors)
Owner: CapitaLand Ascendas REIT (SGX filings)
Net lettable area: 108,403 sq ft (the owner's annual report (as filed on SGX))
Estate (JTC): Serangoon North Industrial Estate
Listed as: Light Industrial (B1)
Transactions on record: 1 (records start 1995)
Live listings: 1
ACRA registrations: 9

Who owns 53 Serangoon North Avenue 4, and what is it valued at?

Key takeaway53 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$24.8 million as at 31 Dec 2025, by C&W.

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

Earlier: S$23.3 million (31 Dec 2024) · S$21.4 million (31 Dec 2022)

53 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.

What are the specs at 53 Serangoon North Avenue 4?

Key takeawayThe building's specs as its sources state them — the listing agent or the management can confirm a unit's own.

Facilities: 24-hour security; Source: CommercialGuru

About 53 Serangoon North Avenue 4

53 Serangoon North Avenue 4 is an industrial property in Serangoon (District 19). It is located along Serangoon North Avenue 4, Singapore 555852.

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 55 years left to run. It sits on about 4,950 sqm of land with roughly 12,358 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$263 psf. The most recent was in December 2004.

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 3.4 km away. The closest business-park zone is about 4.1 km away. The closest bus stop (Opp Blk 531) is 147 m away (about a 2-minute walk).

10 businesses are currently registered at this address with ACRA.

What is 53 Serangoon North Avenue 4 zoned as?

Key takeaway53 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 53 Serangoon North Avenue 4 sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2004 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Dec 2004	Single-user Factory	S$14.00M	53,284 sqft	$263

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 53 Serangoon North Avenue 4 rent for?

Key takeawayNo rent is published for 53 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 53 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 fast units move at 53 Serangoon North Avenue 4

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at 53 Serangoon North Avenue 4?

Key takeawayURA has approved 1 change of use at 53 Serangoon North Avenue 4 since 2000, most recently in 2019. 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.

23 May 2023Agency works
Additions & alterations
Proposed relocation of bicycle lots to existing 5-storey single owner, multiple-user industrial development with a basement car park on lot 16258v mk 18 at no. 53 serangoon north avenue 4 (serangoon planning area)
19 May 2022RenewedFloor 2
Continued use as general industry
Continued use of unit #02-XX as general industry at the existing light industrial development
23 Jan 2020Agency works
Additions & alterations
Proposed additions & alterations works to existing 5-storey single owner, multiple-user industrial development with a basement carpark
13 Jun 2019ApprovedFloor 2
Change of use to general industry
Proposed change of use of unit #02-XX to general industry at the existing light industrial development
22 Mar 2019Agency works
Additions & alterations
Proposed additions & alterations works to existing 5-storey single owner, multiple-user industrial development with a basement carpark on lot 16258v mk 18 at 53 serangoon avenue 4 (serangoon planning area).
5 Jul 2013Approved
Additions & alterations
Proposed additions and alterations to existing single user 4-storey with a basement industrial factory building (with a new uncovered external mild steel perforated fire escape staircase) on lot 16258v (jtc leasehold land) mk 18 at 53 serangoon north ave 4 (serangoon)
5 Mar 2012Approved
Additions & alterations
Proposed additions & alteration to the existing 4-storey single user industrial building (b1) with a basement carpark on jtc lot 16258v mukim 18 at serangoon north avenue 4
15 Dec 2006Approved
Additions & alterations
Proposed addition to the existing 4 storey single purpose single occupier light industrial factory building involving addition of a racking system at 1st storey
21 Jun 2005Approved
Additions & alterations
Proposed additions & alterations to the existing 4-storey industrial factory building with basement

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 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 available at 53 Serangoon North Avenue 4 right now?

Key takeaway1 unit is currently listed at 53 Serangoon North Avenue 4. One row per unit; several agents often market the same unit.

For rent (1)

53 Serangoon North Avenue 44 agentsS$5k/mo · 1,959 sqft

Browse every listing at this building →

What is near 53 Serangoon North Avenue 4?

Amenities nearby

Opp Blk 531 · 147 mDedicare Medical Practice & Surgery @ Hougang · 264 mEducational Institution · 348 mCi Yuan Hawker Centre · 900 mInstitute of Mental Health · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 53 Serangoon North Avenue 4

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Fernvale, 1.7 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, 1.7 km); bus stops within 400 m: 13, about 22,000 taps a weekday; Serangoon: 38,451 resident workers (Census 2020, by workplace); about 56,000 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 22,000 boardings and alightings on an average weekday.

Public car parks within 500 m

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 504A Serangoon North Avenue 4 (HDB)298 m
S$0.60 per half-hour at midday on a weekday · gantry 2 m · 450 car lots
Blk 955A Hougang Avenue 9 (HDB)334 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 778 car lots
Blk 966A Hougang Avenue 9 (HDB)359 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 784 car lots
Blk 537/542 Serangoon North Avenue 4 (HDB)367 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 306 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: Service Rd (Jln Kelulu T), 754 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 53 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 53 Serangoon North Avenue 4?

Key takeaway9 live companies (and LLPs and branches; sole proprietors are not counted) list 53 Serangoon North Avenue 4 as their registered address. These are registered businesses, not who occupies the space.

Manufacturing
4
Wholesale and retail trade
2
Professional, scientific and technical services
2
Financial and insurance
1
Information and communications
0
Construction
0
Administrative and support services
0
Education
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 53 Serangoon North Avenue 4

Where is 53 Serangoon North Avenue 4?⌄

53 Serangoon North Avenue 4 is at 53 Serangoon North Avenue 4, Singapore 555852, in the Serangoon planning area.

What is 53 Serangoon North Avenue 4 zoned as?⌄

53 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 53 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 53 Serangoon North Avenue 4?⌄

53 Serangoon North Avenue 4 is leasehold. About 55 years remain on the lease.

What have units at 53 Serangoon North Avenue 4 sold for?⌄

Across 1 recorded transaction, the median is S$263 psf. The latest was in December 2004.

What does industrial space near 53 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 53 Serangoon North Avenue 4 itself.

How many businesses are registered at 53 Serangoon North Avenue 4?⌄

10 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.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

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, URA planning decisions, 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, CommercialGuru, 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.