IndustrialBUSINESS 1LeaseholdDistrict 3 · Bukit Merah

Srs Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2026

Quick Summary

Srs Building is a industrial building in District 3 · Bukit Merah, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 31 years remaining. 2 transactions are on record since 1995, most recently in Aug 2026. ACRA records 8 live company registrations at this address.

The facts are here — now get the verdict on Srs Building.

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What are the key facts about Srs Building?

Key takeawaySrs Building is a industrial building in District 3 · Bukit Merah, zoned BUSINESS 1, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 3 · Bukit Merah
Address: 5 Kung Chong Road
Land area: —
Completed: 2019 (JTC industrial completions)
Storeys: 5 (© OpenStreetMap contributors)
Developer: SRS Autohub Pte Ltd (JTC industrial completions)
Estate (JTC): Alexandra Village Industrial Estate
Transactions on record: 2 (records start 1995)
Live listings: None
ACRA registrations: 8

About Srs Building

Srs Building is an industrial building in Bukit Merah (District 03). It is located along Kung Chong Road, Singapore 159142.

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 31 years left to run.

2 transactions have been recorded here, at a median of S$1,276 psf. The most recent was in August 2026.

Across JTC's rental returns for Kung Chong Road, the median rent for industrial space on this street works out to about S$3.00 psf per month over 3 observations. Observed medians on the street span S$3.00 to S$3.07 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 2.7 km away. The closest business-park zone is about 1.9 km away. The nearest MRT is Redhill MRT, 485 m away (about a 8-minute walk). The closest bus stop (Opp Blk 53) is 53 m away (about a 1-minute walk).

11 businesses are currently registered at this address with ACRA.

What is Srs Building zoned as?

Key takeawaySrs 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 →

What has Srs Building sold for?

Key takeaway2 transactions are on record since 1995, most recently in Aug 2026 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Aug 2026	Single-user Factory	S$14.00M	8,113 sqft	$1,726
May 2015	Single-user Factory	S$6.70M	8,113 sqft	$826

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

Market context around Srs 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.

What's been approved at Srs Building?

Key takeawayURA has approved 1 change of use at Srs Building since 2000, most recently in 2023. 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.

13 Oct 2023Approved
Change of use: ancillary office → warehouse, part 2nd storey warehouse to car showroom and part 4th storey warehou
Retention of use of part 2nd/3rd/4th/5th storey from ancillary office to warehouse, part 2nd storey warehouse to car showroom and part 4th storey warehouse to e-business (software development) at srs building

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).

What is near Srs Building?

Key takeawayThe nearest MRT/LRT is Redhill MRT, about 485 m away.

Getting around

Redhill MRT485 m · ~8 min

Amenities nearby

Opp Blk 53 · 53 mEducational Institution · 181 mL & H Polyclinic And Surgery · 224 mRedhill MRT Exit A · 512 mABC Brickworks Market & Food Centre · 547 mAlexandra Hospital · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Srs Building

Key takeawayThe nearest station is Redhill (EW18), 485 m away — a moderately busy station, with about 39,000 taps in and out on an average weekday. 21 public car parks are within 500 m.

Foot traffic: busier than 96% of industrial buildings

nearest MRT/LRT Redhill (EW18) 485 m, about 39,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 19, about 21,000 taps a weekday; Bukit Merah: 103,575 resident workers (Census 2020, by workplace); about 51,000 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

Redhill (EW18)485 m · about 39,000 weekday taps
Queenstown (EW19)874 m · about 36,000 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 Srs Building. Transfers between lines don't tap, so interchanges read low.

Bus

19 bus stops within 400 m, with about 21,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Kung Chong Rd (URA)82 m
S$0.60 per half-hour at midday on a weekday · 27 car lots
Chang Charn Rd (URA)118 m
S$0.60 per half-hour at midday on a weekday · 11 car lots
Blk 61 Lengkok Bahru (HDB)154 m
S$0.60 per half-hour at midday on a weekday · 26 car lots
Leng Kee Rd (URA)155 m
S$0.60 per half-hour at midday on a weekday · 24 car lots
Blk 49/50 Hoy Fatt Road (HDB)206 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 8 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: Queensway Off St (Ride Out Tea Garden), 2.0 km away, S$90/month.

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

Who's registered at Srs Building?

Key takeaway8 live companies (and LLPs and branches; sole proprietors are not counted) list Srs Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
3
Financial and insurance
2
Administrative and support services
1
Transportation and storage
1
Real estate
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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$32.29 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$32.29 psm/mo
Observed range: S$32.29 – S$33.06

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 Srs Building

Where is Srs Building?⌄

Srs Building is at 5 Kung Chong Road, Singapore 159142, in the Bukit Merah planning area.

What is Srs Building zoned as?⌄

Srs 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 Srs 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 Srs Building?⌄

Srs Building is leasehold. About 31 years remain on the lease.

What have units at Srs Building sold for?⌄

Across 2 recorded transactions, the median is S$1,276 psf. The latest was in August 2026.

What does industrial space near Srs Building rent for?⌄

JTC's rental returns for Kung Chong Road put the median at about S$3.00 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Kung Chong Road, not a rent quoted for Srs Building itself.

What is the nearest MRT station to Srs Building?⌄

Redhill MRT is the closest, 485 m away (about a 8-minute walk).

How many businesses are registered at Srs Building?⌄

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

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Read the figures right

Completion year: the first quarter JTC records a TOP (Temporary Occupation Permit) at this address. JTC lists major industrial projects (7,000 sqm and up) from 2013; where an older building stood on the site, this is the current building's year.

Developer: as named on JTC's completion record, often the project company rather than the listed group.

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.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

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 industrial completions, JTC estate boundaries, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

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.