IndustrialBUSINESS 1LeaseholdDistrict 27 · Yishun

Albert Industrial Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Apr 2023
Quick Summary

Albert Industrial Building is a industrial building in District 27 · Yishun, 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 Apr 2023. ACRA records 5 live company registrations at this address.

1

What are the key facts about Albert Industrial Building?

Key takeawayAlbert Industrial Building is a industrial building in District 27 · Yishun, zoned BUSINESS 1, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 27 · Yishun
Address
541 Yishun Industrial Park A
Land area
6,851 sqm
Completed
Not on record
Storeys
Not on record
Estate (JTC)
Yishun Industrial Park A
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
5
2

Who owns Albert Industrial Building, and what is it valued at?

Key takeawayNo REIT or listed company holds Albert Industrial Building today on its latest filings. Earlier SGX filings about it are below, each with its date.
541 Yishun Industrial Park A
Valued at S$11.9 million as at 31 Mar 2023, by JLL.
Whole-building deals
  1. Announced 24 Apr 2023 · completed 12 Sep 2023
    HSBC Institutional Trust Services (Singapore) Limited, as trustee of AA REIT sold 541 Yishun Industrial Park A for S$12.9 million (sale price) to Cantal United Pte Ltd.

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 Albert Industrial Building

Albert Industrial Building is an industrial building in Yishun (District 27). It is located along Yishun Industrial Park A, Singapore 768764.

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 6,851 sqm of land with roughly 8,801 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$175 psf. The most recent was in April 2023.

Across JTC's rental returns for Yishun Industrial Park A, the median rent for industrial space on this street works out to about S$1.40 psf per month over 19 observations. Observed medians on the street span S$0.17 to S$1.90 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 1.8 km away. The nearest MRT is Canberra MRT, 940 m away (about a 15-minute walk). The closest bus stop (Opp Blk 288) is 238 m away (about a 4-minute walk).

5 businesses are currently registered at this address with ACRA.

4

What is Albert Industrial Building zoned as?

Key takeawayAlbert Industrial Building 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 Albert Industrial Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Apr 2023 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Apr 2023Single-user FactoryS$12.88M73,748 sqft$175

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 Albert Industrial Building rent for?

Key takeawayNo rent is published for Albert Industrial Building itself. On its street, Yishun Industrial Park A, strata factory space rented at a median of $1.90 psf a month in 2026Q2. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Yishun Industrial Park A

Street level · 2026Q2
25th pct
—
— psm
Median
$1.90
$20.45 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +18.8% on a year earlier

2022Q2 · $13.46 psm2026Q2 · $20.45 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 Albert Industrial Building

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

What's been approved at Albert Industrial Building?

Key takeawayURA's planning decisions at Albert Industrial Building 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.
  1. 12 Mar 2015Approved
    Additions & alterations

    Addition/alteration to the existing 4-storey industrial development involving addition of a 4.05m diameter silo

  2. 25 Aug 2000Approved
    Additions & alterations

    Proposed additions & alterations to existing 4 storey factory building with ancillary office

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).

9

What is near Albert Industrial Building?

Key takeawayThe nearest MRT/LRT is Canberra MRT, about 940 m away.

Getting around

Amenities nearby

Opp Blk 288 · 238 mFullerton Health @ Lumileds · 267 mEducational Institution · 379 mCanberra MRT Exit E · 895 m

Straight-line distances. Source: PropKaki amenities data.

10

Getting there and parking at Albert Industrial Building

Key takeawayThe nearest station is Canberra (NS12), 896 m away — a busy station, with about 45,000 taps in and out on an average weekday. 3 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 66% of industrial buildings

nearest MRT/LRT Canberra (NS12) 896 m, about 45,000 taps a weekday; bus stops within 400 m: 2, about 2,945 taps a weekday; Yishun: 41,952 resident workers (Census 2020, by workplace); about 43,000 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

  • Canberra (NS12)896 m · about 45,000 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 Albert Industrial Building. Transfers between lines don't tap, so interchanges read low.

Bus

2 bus stops within 400 m, with 2,945 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Yishun Ave 7 Hvp (URA)341 m
  • Yishun Industrial Park A (URA)479 m
    S$0.60 per half-hour at midday on a weekday · season S$90/month · 70 car lots
  • Blk 1001/1019,1023/1024 Yishun Industrial Park A (JTC)481 m

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

11

Who's registered at Albert Industrial Building?

Key takeaway5 live companies (and LLPs and branches; sole proprietors are not counted) list Albert Industrial Building as their registered address. These are registered businesses, not who occupies the space.
  • Manufacturing
    4
  • Construction
    1

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.

12

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$15.07 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$15.07 psm/mo
Observed range
S$1.82 – S$20.45

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.

13

Frequently asked questions about Albert Industrial Building

Where is Albert Industrial Building?⌄

Albert Industrial Building is at 541 Yishun Industrial Park A, Singapore 768764, in the Yishun planning area.

What is Albert Industrial Building zoned as?⌄

Albert Industrial Building 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 Albert Industrial Building?⌄

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 Albert Industrial Building?⌄

Albert Industrial Building 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 Albert Industrial Building sold for?⌄

Across 1 recorded transaction, the median is S$175 psf. The latest was in April 2023.

What does industrial space near Albert Industrial Building rent for?⌄

JTC's rental returns for Yishun Industrial Park A put the median at about S$1.40 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Yishun Industrial Park A, not a rent quoted for Albert Industrial Building itself.

What is the nearest MRT station to Albert Industrial Building?⌄

Canberra MRT is the closest, 940 m away (about a 15-minute walk).

How many businesses are registered at Albert Industrial Building?⌄

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

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