531 Bukit Batok Street 23
531 Bukit Batok Street 23 is a industrial building in District 23 · Bukit Batok, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 68 years remaining. 2 transactions are on record since 1995, most recently in Sept 2018. ACRA records 0 live company registrations at this address.
What are the key facts about 531 Bukit Batok Street 23?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 23 · Bukit Batok
- Address
- 531 Bukit Batok Street 23
- Land area
- —
- Transactions on record
- 2 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About 531 Bukit Batok Street 23
531 Bukit Batok Street 23 is an industrial property in Bukit Batok (District 23). It is located along Bukit Batok Street 23, Singapore 659547.
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 68 years left to run.
2 transactions have been recorded here, at a median of S$260 psf. The most recent was in September 2018.
Across JTC's rental returns for Bukit Batok Street 23, the median rent for industrial space on this street works out to about S$1.75 psf per month over 98 observations. Observed medians on the street span S$0.85 to S$2.40 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 4.8 km away. The closest business-park zone is about 1.5 km away. The closest bus stop (Midview Bldg) is 136 m away (about a 2-minute walk).
What is 531 Bukit Batok Street 23 zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has 531 Bukit Batok Street 23 sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Sept 2018 | Single-user Factory | S$22.40M | 81,317 sqft | $275 |
| Jun 2005 | Single-user Factory | S$20.00M | 81,317 sqft | $246 |
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.
How does Bukit Batok Street 23 price?
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 531 Bukit Batok Street 23?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at 531 Bukit Batok Street 23?
- 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?
- Street rent, median
- S$18.80 psm/mo
- Observed range
- S$9.13 – S$25.83
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 531 Bukit Batok Street 23
Where is 531 Bukit Batok Street 23?⌄
531 Bukit Batok Street 23 is at 531 Bukit Batok Street 23, Singapore 659547, in the Bukit Batok planning area.
What is 531 Bukit Batok Street 23 zoned as?⌄
531 Bukit Batok Street 23 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 531 Bukit Batok Street 23?⌄
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 531 Bukit Batok Street 23?⌄
531 Bukit Batok Street 23 is leasehold. About 68 years remain on the lease.
What have units at 531 Bukit Batok Street 23 sold for?⌄
Across 2 recorded transactions, the median is S$260 psf. The latest was in September 2018.
What does industrial space near 531 Bukit Batok Street 23 rent for?⌄
JTC's rental returns for Bukit Batok Street 23 put the median at about S$1.75 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Bukit Batok Street 23, not a rent quoted for 531 Bukit Batok Street 23 itself.
The facts are here — now get the verdict on 531 Bukit Batok Street 23.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.