IndustrialBUSINESS 1LeaseholdDistrict 3 · Bukit Merah

Alexandra Road

Reviewed by Nathan TangUpdated 10 August 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. 3 units are currently listed for sale or rent. ACRA records 28 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
Transactions on record
1 (records start 1995)
Live listings
3
ACRA registrations
28
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.

5

How does Alexandra Road price?

Key takeawayAlexandra Road's current JTC street rent is S$39.29 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 12.0% (10.8% net of property tax).
Strata sales on the street (5y)
31
Street median PSF (strata)
$366
Indicative street yield
12.0% gross
10.8% 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.

6

What is available at Alexandra Road right now?

Key takeaway3 units are currently listed at Alexandra Road1 for sale and 2 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 (2)

  • Alexandra Road2 agentsS$10k/mo · 3,340 sqft
  • Alexandra RoadS$13k/mo · 2,134 sqft

Browse every listing at this building →

7

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.

8

How many companies are registered at Alexandra Road?

Key takeawayACRA records 28 live company registrations at this address, 3 of them in the last three years.
Live registrations
28
Registered last 3 years
3

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.

9

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.

10

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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