IndustrialBUSINESS 1FreeholdDistrict 14 · Geylang

Aljunied Industrial Complex

Reviewed by Nathan TangUpdated 10 August 2026Data through Mar 2026
Quick Summary

Aljunied Industrial Complex is a industrial building in District 14 · Geylang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 66 transactions are on record since 1995, most recently in Mar 2026. 14 units are currently listed for sale or rent. ACRA records 179 live company registrations at this address.

1

What are the key facts about Aljunied Industrial Complex?

Key takeawayAljunied Industrial Complex is a industrial building in District 14 · Geylang, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 14 · Geylang
Address
623 Aljunied Road
Land area
11,365 sqm
Transactions on record
66 (records start 1995)
Live listings
14
ACRA registrations
179
2

About Aljunied Industrial Complex

Aljunied Industrial Complex is an industrial building in Geylang (District 14). It is located along Aljunied Road, Singapore 389835.

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 11,365 sqm of land with roughly 28,414 sqm of gross floor area.

66 transactions have been recorded here, at a median of S$512 psf. The most recent was in March 2026.

Across JTC's rental returns for Aljunied Road, the median rent for industrial space on this street works out to about S$1.87 psf per month over 106 observations. Observed medians on the street span S$1.23 to S$2.56 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 6.1 km away. The closest business-park zone is about 1.8 km away. The nearest MRT is Mattar MRT, 485 m away (about a 8-minute walk). The closest bus stop (Aft Genting Lane) is 174 m away (about a 3-minute walk).

179 businesses are currently registered at this address with ACRA.

3

What is Aljunied Industrial Complex zoned as?

Key takeawayAljunied Industrial Complex 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 Aljunied Industrial Complex sold for?

Key takeawayAcross 66 recorded transactions since 1995, the median price is about S$925k, most recently in Mar 2026.
DateUsePriceAreaPSF
Mar 2026Multiple-user FactoryS$2.76M3,068 sqft$899
Feb 2026Multiple-user FactoryS$1.26M1,615 sqft$782
Jul 2025WarehouseS$2.70M2,088 sqft$1,293
Sept 2023Multiple-user FactoryS$1.15M1,615 sqft$710
Sept 2023Multiple-user FactoryS$1.38M1,948 sqft$710
Sept 2023Multiple-user FactoryS$1.15M1,615 sqft$712
Mar 2023Multiple-user FactoryS$1.25M1,787 sqft$700
Sept 2022Multiple-user FactoryS$1.70M2,530 sqft$672
Sept 2022Multiple-user FactoryS$1.25M1,787 sqft$698
Sept 2022Multiple-user FactoryS$2.10M3,068 sqft$685

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 Aljunied Road price?

Key takeawayAljunied Road's current JTC street rent is S$26.91 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 3.5% (3.2% net of property tax).
Strata sales on the street (5y)
113
Street median PSF (strata)
$889
Indicative street yield
3.5% gross
3.2% 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.

6

What is available at Aljunied Industrial Complex right now?

Key takeaway14 units are currently listed at Aljunied Industrial Complex3 for sale and 11 for rent. One row per unit; several agents often market the same unit.

For sale (3)

  • Freehold Building Facing Main Road For SaleS$39.99M
  • Aljunied Industrial ComplexS$2.10M · 2,142 sqft
  • Freehold B1 Industrial Land for RebuildS$18.80M · 11,024 sqft

For rent (11)

  • Aljunied Industrial Complex13 agentsS$4k/mo · 1,904 sqft
  • Aljunied ☑️☑️☑️ Industrial ComplexS$5k/mo · 1,904 sqft
  • Aljunied Industrial Complex2 agentsS$32k/mo · 2,800 sqft
  • Aljunied roadS$44k/mo · 7,981 sqft

Browse every listing at this building →

7

What is near Aljunied Industrial Complex?

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

Getting around

Amenities nearby

CODE 4 Medical Clinic · 106 mAft Genting Lane · 174 mEducational Institution · 185 mMattar MRT Exit A · 457 mBlks 79/79A Circuit Road · 660 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Aljunied Industrial Complex?

Key takeawayACRA records 179 live company registrations at this address, 34 of them in the last three years.
Live registrations
179
Registered last 3 years
34

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$20.09 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$20.09 psm/mo
Observed range
S$13.27 – S$27.53

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 Aljunied Industrial Complex

Where is Aljunied Industrial Complex?

Aljunied Industrial Complex is at 623 Aljunied Road, Singapore 389835, in the Geylang planning area.

What is Aljunied Industrial Complex zoned as?

Aljunied Industrial Complex 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 Aljunied Industrial Complex?

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 Aljunied Industrial Complex?

Aljunied Industrial Complex is freehold.

What have units at Aljunied Industrial Complex sold for?

Across 66 recorded transactions, the median is S$512 psf. The latest was in March 2026.

What does industrial space near Aljunied Industrial Complex rent for?

JTC's rental returns for Aljunied Road put the median at about S$1.87 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Aljunied Road, not a rent quoted for Aljunied Industrial Complex itself.

What is the nearest MRT station to Aljunied Industrial Complex?

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

How many businesses are registered at Aljunied Industrial Complex?

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

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