IndustrialBUSINESS 1LeaseholdDistrict 19 · Serangoon

54 Serangoon North Ave 4

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2012
Quick Summary

54 Serangoon North Ave 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. 2 transactions are on record since 1995, most recently in Sept 2012. 2 units are currently listed for rent. ACRA records 17 live company registrations at this address.

1

What are the key facts about 54 Serangoon North Ave 4?

Key takeaway54 Serangoon North Ave 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
54 Serangoon North Avenue 4
Land area
5,200 sqm
Completed
Not on record
Storeys
6 (© OpenStreetMap contributors)
Owner
ESR REIT (SGX filings)
Net lettable area
117,111 sq ft (the owner's annual report (as filed on SGX))
Land lease expires
2056 (the owner's annual report (as filed on SGX))
Estate (JTC)
Serangoon North Industrial Estate
Listed as
Light Industrial (B1)
Transactions on record
2 (records start 1995)
Live listings
2
ACRA registrations
17
2

Who owns 54 Serangoon North Ave 4, and what is it valued at?

Key takeaway54 Serangoon North Ave 4 is owned by ESR 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.
54 Serangoon North Avenue 4
Valued at S$18.7 million as at 31 Dec 2025, by Savills Valuation and Professional Services (S) Pte Ltd.
54 Serangoon North Ave 4
Valued at S$18.5 million as at 31 Dec 2023, by C&W.
54 SERANGOON NORTH AVENUE 4: ESR REIT's annual report (2025)
Occupancy
73% (as of 31 Dec 2025)
Land lease expires
15 Jun 2056
Whole-building deals
  1. Announced 1 Mar 2013 · completed 1 Mar 2013
    Cambridge Industrial Trust bought 54 SERANGOON NORTH AVENUE 4.

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.

3

About 54 Serangoon North Ave 4

54 Serangoon North Ave 4 is an industrial property in Serangoon (District 19). It is located along Serangoon North Avenue 4, Singapore 555854.

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. It sits on about 5,200 sqm of land with roughly 13,001 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$254 psf. The most recent was in September 2012.

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 953) is 105 m away (about a 2-minute walk).

17 businesses are currently registered at this address with ACRA.

4

What is 54 Serangoon North Ave 4 zoned as?

Key takeaway54 Serangoon North Ave 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 →

5

What has 54 Serangoon North Ave 4 sold for?

Key takeaway2 transactions are on record since 1995, most recently in Sept 2012 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Sept 2012Single-user FactoryS$21.00M55,993 sqft$375
Sept 2005Single-user FactoryS$7.50M55,993 sqft$134

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

6

What does space at 54 Serangoon North Ave 4 rent for?

Key takeawayNo rent is published for 54 Serangoon North Ave 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.

7

Market context around 54 Serangoon North Ave 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.

8

How fast units move at 54 Serangoon North Ave 4

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 2 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 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.

9

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)
82
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.

10

What is available at 54 Serangoon North Ave 4 right now?

Key takeaway2 units are currently listed at 54 Serangoon North Ave 4. One row per unit; several agents often market the same unit.

For rent (2)

  • Light Industrial space at Serangoon North Avenue 44 agentsS$24k/mo · 9,784 sqft
  • Big Floor, Big Savings – Move In Today in a Prime Serangoon Hub2 agentsS$53k/mo · 21,054 sqft

Browse every listing at this building →

11

What is near 54 Serangoon North Ave 4?

Amenities nearby

Opp Blk 953 · 105 mDedicare Medical Practice & Surgery @ Hougang · 135 mEducational Institution · 364 mCi Yuan Hawker Centre · 771 mInstitute of Mental Health · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at 54 Serangoon North Ave 4

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Fernvale, 1.7 km away. 11 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: 15, about 30,000 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

15 bus stops within 400 m, with about 30,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 955A Hougang Avenue 9 (HDB)207 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)243 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 784 car lots
  • Blk 504A Serangoon North Avenue 4 (HDB)291 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)317 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 270 car lots
  • Blk 950 To 976 Hougang Avenue 9 /Street 91 (HDB)352 m
    no short-term parking · 500 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), 744 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 54 Serangoon North Ave 4's own car park, if it has one, and its charges are not in the open data.

13

Who's registered at 54 Serangoon North Ave 4?

Key takeaway17 live companies (and LLPs and branches; sole proprietors are not counted) list 54 Serangoon North Ave 4 as their registered address. These are registered businesses, not who occupies the space.
  • Financial and insurance
    5
  • Wholesale and retail trade
    4
  • Manufacturing
    3
  • Information and communications
    2
  • Professional, scientific and technical services
    1
  • Construction
    1
  • Other services
    1
  • Administrative and support services
    0
  • Accommodation and food services
    0
  • Transportation and storage
    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.

14

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.

15

Frequently asked questions about 54 Serangoon North Ave 4

Where is 54 Serangoon North Ave 4?⌄

54 Serangoon North Ave 4 is at 54 Serangoon North Avenue 4, Singapore 555854, in the Serangoon planning area.

What is 54 Serangoon North Ave 4 zoned as?⌄

54 Serangoon North Ave 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 54 Serangoon North Ave 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 54 Serangoon North Ave 4?⌄

54 Serangoon North Ave 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 54 Serangoon North Ave 4 sold for?⌄

Across 2 recorded transactions, the median is S$254 psf. The latest was in September 2012.

What does industrial space near 54 Serangoon North Ave 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 54 Serangoon North Ave 4 itself.

How many businesses are registered at 54 Serangoon North Ave 4?⌄

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

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