IndustrialBUSINESS 1LeaseholdDistrict 3 · Bukit Merah

Alexandra Road

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

Alexandra Road 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 29 years remaining. 1 transaction is on record since 1995, most recently in Feb 2023. 4 units are currently listed for sale or rent. ACRA records 15 live company registrations at this address.

1

What are the key facts about Alexandra Road?

Key takeawayAlexandra Road 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
239,241 Alexandra Road
Land area
6,780 sqm
Completed
Not on record
Storeys
2 (© OpenStreetMap contributors)
Estate (JTC)
Alexandra Village Industrial Estate
Listed as
Other Retail, Light Industrial (B1), Office
Transactions on record
1 (records start 1995)
Live listings
4
ACRA registrations
15
2

About Alexandra Road

Alexandra Road is an industrial property in Bukit Merah (District 03). It is located along Alexandra Road, Singapore 159930.

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 29 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 6,780 sqm of land with roughly 16,949 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$1,320 psf. The most recent was in February 2023.

Across JTC's rental returns for Alexandra Road, the median rent for industrial space on this street works out to about S$3.42 psf per month over 98 observations. Observed medians on the street span S$0.94 to S$4.20 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 3.0 km away. The closest business-park zone is about 2.0 km away. The nearest MRT is Redhill MRT, 454 m away (about a 7-minute walk). The closest bus stop (Opp Cycle & Carriage) is 44 m away (about a 1-minute walk).

28 businesses are currently registered at this address with ACRA.

3

What is Alexandra Road zoned as?

Key takeawayAlexandra Road 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 →

4

What has Alexandra Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Feb 2023 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Feb 2023Multiple-user FactoryS$142.00M107,611 sqft$1,320

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

5

What does space at Alexandra Road rent for?

Key takeawayNo rent is published for Alexandra Road itself. On its street, Alexandra Road, strata factory space rented at a median of $3.43 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 Alexandra Road

Street level · 2026Q3
25th pct
—
— psm
Median
$3.43
$36.87 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +0.9% on a year earlier

2023Q4 · $37.05 psm2026Q3 · $36.87 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.

6

Market context around Alexandra Road

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.

7

How fast units move at Alexandra Road

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 3 units for rent; 1 unit for sale.

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

Sale: 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.

8

What's been approved at Alexandra Road?

Key takeawayURA's planning decisions at Alexandra Road 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. 11 Aug 2000Refused
    Change of use to office

    Change of use of part of 3rd and 4th storey to 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

How does Alexandra Road price?

Key takeawayAlexandra Road's current JTC street rent is S$36.87 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 11.3% (10.2% net of property tax).
Strata sales on the street (5y)
28
Street median PSF (strata)
$365
Indicative street yield
11.3% gross
10.2% 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 Alexandra Road right now?

Key takeaway4 units are currently listed at Alexandra Road — 1 for sale and 3 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • Alexandra RoadS$68.00M · 36,883 sqft

For rent (3)

  • Alexandra RoadS$10k/mo · 3,340 sqft
  • Alexandra RoadS$24k/mo · 2,000 sqft
  • Alexandra RoadS$13k/mo · 2,134 sqft

Browse every listing at this building →

11

What is near Alexandra Road?

Key takeawayThe nearest MRT/LRT is Redhill MRT, about 454 m away.

Getting around

Amenities nearby

Opp Cycle & Carriage · 44 mEducational Institution · 167 mAlexandra Family Clinic & Surgery · 267 mRedhill MRT Exit A · 493 mBlk 79 Redhill Lane · 713 m

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at Alexandra Road

Key takeawayThe nearest station is Redhill (EW18), 454 m away — a moderately busy station, with about 39,000 taps in and out on an average weekday. 19 public car parks are within 500 m.
Foot traffic: busier than 96% of industrial buildings

nearest MRT/LRT Redhill (EW18) 454 m, about 39,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 12, about 16,000 taps a weekday; Bukit Merah: 103,575 resident workers (Census 2020, by workplace); about 48,000 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)454 m · about 39,000 weekday taps
  • Queenstown (EW19)820 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 Alexandra Road. Transfers between lines don't tap, so interchanges read low.

Bus

12 bus stops within 400 m, with about 16,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Leng Kee Rd (URA)138 m
    S$0.60 per half-hour at midday on a weekday · 24 car lots
  • Blk 129A Clarence Lane (HDB)169 m
    S$0.60 per half-hour at midday on a weekday · gantry 2 m · 245 car lots
  • Blk 60A Strathmore Avenue (HDB)178 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 327 car lots
  • Blk 61 Lengkok Bahru (HDB)240 m
    S$0.60 per half-hour at midday on a weekday · 26 car lots
  • Kung Chong Rd (URA)257 m
    S$0.60 per half-hour at midday on a weekday · 27 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: Queensway Off St (Ride Out Tea Garden), 1.9 km away, S$90/month.

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

13

Who's registered at Alexandra Road?

Key takeaway15 live companies (and LLPs and branches; sole proprietors are not counted) list Alexandra Road as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    8
  • Financial and insurance
    4
  • Construction
    1
  • Administrative and support services
    1
  • Health and social services
    1
  • Professional, scientific and technical services
    0
  • Transportation and storage
    0
  • Real estate
    0
  • Information and communications
    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$36.81 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$36.81 psm/mo
Observed range
S$10.09 – S$45.21

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 Alexandra Road

Where is Alexandra Road?⌄

Alexandra Road is at 239,241 Alexandra Road, Singapore 159930, in the Bukit Merah planning area.

What is Alexandra Road zoned as?⌄

Alexandra Road 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 Alexandra Road?⌄

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 Alexandra Road?⌄

Alexandra Road is leasehold. About 29 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Alexandra Road sold for?⌄

Across 1 recorded transaction, the median is S$1,320 psf. The latest was in February 2023.

What does industrial space near Alexandra Road rent for?⌄

JTC's rental returns for Alexandra Road put the median at about S$3.42 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Alexandra Road, not a rent quoted for Alexandra Road itself.

What is the nearest MRT station to Alexandra Road?⌄

Redhill MRT is the closest, 454 m away (about a 7-minute walk).

How many businesses are registered at Alexandra Road?⌄

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

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