IndustrialBUSINESS 1FreeholdDistrict 5 · Queenstown

Alexandra Technopark

Reviewed by Nathan TangUpdated 8 November 2026Data through Jun 2009
Quick Summary

Alexandra Technopark is a industrial building in District 5 · Queenstown, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 1 transaction is on record since 1995, most recently in Jun 2009. 21 units are currently listed for rent. ACRA records 43 live company registrations at this address.

1

What are the key facts about Alexandra Technopark?

Key takeawayAlexandra Technopark is a industrial building in District 5 · Queenstown, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 5 · Queenstown
Address
438a,438b Alexandra Road
Land area
47,721 sqm
Completed
Not on record
Storeys
8 (© OpenStreetMap contributors)
Owner
Frasers Logistics & Commercial Trust (SGX filings)
Listed as
Light Industrial (B1), Food & Beverage, Business / Science Park
Transactions on record
1 (records start 1995)
Live listings
21
ACRA registrations
43
2

Who owns Alexandra Technopark, and what is it valued at?

Key takeawayAlexandra Technopark is owned by Frasers Logistics & Commercial Trust, 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.
Alexandra Technopark, 438A/438B/438C Alexandra Road
Valued at S$711 million as at 30 Sep 2025, by KF SG.
Alexandra Technopark
Valued at S$711 million as at 30 Sep 2025.
from its annual report (2025)
Alexandra Technopark: Frasers Logistics & Commercial Trust's annual report (2025)
Land tenure
88-year leasehold

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 Alexandra Technopark

Alexandra Technopark is an industrial building in Bukit Merah (District 05). It is located along Alexandra Road, Singapore 119967.

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 freehold. It sits on about 47,721 sqm of land with roughly 122,953 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$667 psf. The most recent was in June 2009.

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 907 m away. The closest business-park zone is about 150 m away. The nearest MRT is Labrador Park MRT, 650 m away (about a 10-minute walk). The closest bus stop (Alexandra Pt) is 203 m away (about a 3-minute walk).

44 businesses are currently registered at this address with ACRA.

4

What is Alexandra Technopark zoned as?

Key takeawayAlexandra Technopark 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 Alexandra Technopark sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jun 2009 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2009Single-user FactoryS$342.50M513,657 sqft$667

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 Alexandra Technopark rent for?

Key takeawayNo rent is published for Alexandra Technopark 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.

7

Market context around Alexandra Technopark

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 Alexandra Technopark

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 21 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 3 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

What's been approved at Alexandra Technopark?

Key takeawayURA has approved 12 changes of use at Alexandra Technopark since 2000, most recently in 2024, and refused 1. 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. 7 Apr 2025RenewedFloor 1
    Continued use as medical clinic

    Continued use of unit #01-XX as medical clinic at alexandra technopark

  2. 24 Feb 2025RefusedFloor 2
    Change of use to office

    Proposed change of use of unit #02-XX to office at alexandra technopark

  3. 23 Sept 2024Approved
    Additions & alterations

    Proposed amendment to approved additions & alterations involving change of use from light industry to e-business (software development) with ancillary staff recreation areas on lot 02623k mk01 at 438a alexandra road, alexandra technopark, singapore 119967

  4. 12 Aug 2024Approved
    Additions & alterations

    Proposed amendment to approved additions & alterations involving change of use from light industry to e-business (software development) with ancillary staff recreation areas on lot 02623k mk01 at 438a alexandra road, alexandra technopark (queenstown planning area)

  5. 20 Jun 2024ApprovedFloor 1
    Change of use to display area for manufacturing technologies and products by singapore manufactur

    Proposed change of use of units #01-XX & #01-XX to display area for manufacturing technologies and products by singapore manufacturing federation

  6. 15 Apr 2024ApprovedFloor 4
    Change of use to industrial training

    Proposed change of use of units #04-XX & #04-XX to industrial training

  7. 13 Feb 2024Approved
    Additions & alterations

    Extension of written permission for the approved additions & alterations involving change of use from light industry to e-business (software development) with ancillary staff recreation areas on lot 02623k mk01 at 438a alexandra road, alexandra technopark, singapore 119967

  8. 22 Nov 2023Approved
    Additions & alterations

    Proposed amendment to approved additions & alterations involving change of use from light industry to e-business (software development) with ancillary staff recreation areas on lot 02623k mk01 at 438a alexandra road, alexandra technopark, singapore 119967 (queenstown planning area)

  9. 8 Aug 2023Approved
    Additions & alterations

    Proposed amendment to approved additions & alterations involving change of use from light industry to e-business (software development) with ancillary staff recreation areas on lot 02623k mk01 at 438a alexandra road, alexandra technopark, singapore 119967 (queenstown planning area)

  10. 5 Apr 2022RenewedFloor 1
    Continued use as medical clinic

    Continued use of unit #01-XX as medical clinic at alexandra technopark

  11. 9 Feb 2022Approved
    Additions & alterations

    Extension of written permission for the approved proposed additions & alterations involving change of use from light industry to e-business (software development) with ancillary staff recreation areas on lot 02623k mk01 at 438a alexandra road, alexandra technopark, singapore 119967

  12. 13 May 2020RenewedFloor 1
    Continued use as medical clinic

    Continued use of unit #01-XX as medical clinic on lot 02623k mk01 at 438c alexandra road - alexandra technopark (queenstown planning area)

22 earlier change-of-use and A&A decisions are on record since 2000.

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).

10

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.

11

What is available at Alexandra Technopark right now?

Key takeaway21 units are currently listed at Alexandra Technopark. One row per unit; several agents often market the same unit.

For rent (21)

  • Alexandra TechnoparkS$173k/mo · 37,566 sqft
  • Alexandra Technopark ☑️☑️☑️ Fitted / Bare. CONTACT 96820839S$180k/mo · 37,566 sqft
  • Alexandra Technopark2 agentsS$121k/mo · 24,101 sqft
  • 438A & 438B Alexandra RoadS$120k/mo · 25,016 sqft

Browse every listing at this building →

12

What is near Alexandra Technopark?

Key takeawayThe nearest MRT/LRT is Labrador Park MRT, about 650 m away.

Getting around

Amenities nearby

Town Hall Clinic · 15 mBusiness Park · 150 mAlexandra Pt · 203 mLabrador Park MRT Exit A · 656 mEducational Institution · 815 mAlexandra Hospital · 858 mBlk 82 Telok Blangah Drive · 906 mPort / Airport · 907 m

Straight-line distances. Source: PropKaki amenities data.

13

Getting there and parking at Alexandra Technopark

Key takeawayThe nearest station is Labrador Park (CC27), 650 m away — a moderately busy station, with about 20,000 taps in and out on an average weekday. No public car park we hold is within 500 m; the nearest is Pasir Panjang Rd Off S T (URA), 578 m away; the nearest URA season parking is Pasir Panjang Road Are A, 580 m away (S$90/month).
Foot traffic: busier than 85% of industrial buildings

nearest MRT/LRT Labrador Park (CC27) 650 m, about 20,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 5, about 16,000 taps a weekday; Queenstown: 131,782 resident workers (Census 2020, by workplace); about 18,000 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

  • Labrador Park (CC27)650 m · about 20,000 weekday taps
  • Pasir Panjang (CC26)989 m · about 14,000 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 Technopark. Transfers between lines don't tap, so interchanges read low.

Bus

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

14

Who's registered at Alexandra Technopark?

Key takeaway43 live companies (and LLPs and branches; sole proprietors are not counted) list Alexandra Technopark as their registered address. These are registered businesses, not who occupies the space.
  • Transportation and storage
    11
  • Wholesale and retail trade
    9
  • Financial and insurance
    5
  • Manufacturing
    4
  • Information and communications
    3
  • Professional, scientific and technical services
    3
  • Other services
    3
  • Arts, entertainment and recreation
    2
  • Administrative and support services
    1
  • Accommodation and food services
    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.

15

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.

16

Frequently asked questions about Alexandra Technopark

Where is Alexandra Technopark?⌄

Alexandra Technopark is at 438A,438B Alexandra Road, Singapore 119967, in the Bukit Merah planning area.

What is Alexandra Technopark zoned as?⌄

Alexandra Technopark 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 Technopark?⌄

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 Technopark?⌄

Alexandra Technopark is freehold.

What have units at Alexandra Technopark sold for?⌄

Across 1 recorded transaction, the median is S$667 psf. The latest was in June 2009.

What does industrial space near Alexandra Technopark 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 Technopark itself.

What is the nearest MRT station to Alexandra Technopark?⌄

Labrador Park MRT is the closest, 650 m away (about a 10-minute walk).

How many businesses are registered at Alexandra Technopark?⌄

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

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