IndustrialBUSINESS 1FreeholdDistrict 14 · Geylang

Aljunied Industrial Complex

Reviewed by Nathan TangUpdated 8 November 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, at a median S$512 psf, most recently in Mar 2026. 15 units are currently listed for sale or rent. ACRA records 138 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
Completed
Not on record
Storeys
Not on record
Strata units (MCST)
131
Managing agent
LUXMAN PROPERTY CONSULTANTS PTE LTD
Strata formed
1984 (MCST 0826)
Units with a recorded sale
At least 45
Listed as
Light Industrial (B1), Warehouse, Food & Beverage
Transactions on record
66 (records start 1995)
Live listings
15
ACRA registrations
138
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$1.25M1,787 sqft$698
Sept 2022Multiple-user FactoryS$1.70M2,530 sqft$672
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. sqm ↔ sq ft converter

5

What does space at Aljunied Industrial Complex rent for?

Key takeawayJTC publishes leases at Aljunied Industrial Complex itself: strata factory space leased at a median of $2.45 psf a month in 2026Q3, with the middle half of leases between $1.91 and $2.66. That is the building's figure across its leases, and never a quote for a particular unit.

Strata factory space in this building

This building · 2026Q3
25th pct
$1.91
$20.54 psm
Median
$2.45
$26.42 psm
75th pct
$2.66
$28.63 psm

S$ per sq ft per month · median +17.3% on a year earlier

2023Q2 · $19.05 psm2026Q3 · $26.42 psm median

JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.

Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.

Strata factory space on Aljunied Road

Street level · 2026Q3
25th pct
—
— psm
Median
$2.45
$26.34 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +4.3% on a year earlier

2023Q4 · $23.51 psm2026Q3 · $26.34 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 Aljunied Industrial Complex

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 Aljunied Industrial Complex

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 12 units for rent; 3 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 2 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

How does Aljunied Road price?

Key takeawayAljunied Road's current JTC street rent is S$26.34 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 3.3% (2.9% net of property tax).
Strata sales on the street (5y)
118
Street median PSF (strata)
$900
Indicative street yield
3.3% gross
2.9% 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.

9

What is available at Aljunied Industrial Complex right now?

Key takeaway15 units are currently listed at Aljunied Industrial Complex — 3 for sale and 12 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 (12)

  • Aljunied Industrial Complex4 agentsS$4k/mo · 1,904 sqft
  • Aljunied ☑️☑️☑️ Industrial ComplexS$4k/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 →

10

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.

11

Getting there and parking at Aljunied Industrial Complex

Key takeawayThe nearest station is Mattar (DT25), 457 m away — a quiet station, with 9,848 taps in and out on an average weekday. 8 public car parks are within 500 m.
Foot traffic: busier than 89% of industrial buildings

nearest MRT/LRT Mattar (DT25) 457 m, about 9,848 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 9, about 6,795 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 42,000 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

  • Mattar (DT25)457 m · 9,848 weekday taps
  • Geylang Bahru (DT24)941 m · about 12,000 weekday taps
  • Aljunied (EW9)996 m · about 47,000 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 Aljunied Industrial Complex. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with 6,795 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Aljunied Rd (Minor) (URA)69 m
    S$0.60 per half-hour at midday on a weekday · 19 car lots
  • Genting Lane Off St (URA)160 m
    S$0.60 per half-hour at midday on a weekday · 38 car lots
  • Genting Lane (URA)213 m
    S$0.60 per half-hour at midday on a weekday · 43 car lots
  • Soon Wing Rd (URA)245 m
    S$0.60 per half-hour at midday on a weekday · 10 car lots
  • Kallang Way 2A (URA)255 m
    S$0.60 per half-hour at midday on a weekday · 15 car lots

Nearest URA season parking: Kallang Industrial Est Ate Zone A, 626 m away, S$90/month.

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

12

Who's registered at Aljunied Industrial Complex?

Key takeaway138 live companies (and LLPs and branches; sole proprietors are not counted) list Aljunied Industrial Complex as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    47
  • Construction
    29
  • Manufacturing
    18
  • Professional, scientific and technical services
    12
  • Administrative and support services
    11
  • Information and communications
    5
  • Transportation and storage
    3
  • Financial and insurance
    3
  • Other services
    3
  • Accommodation and food services
    3

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.

13

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.

14

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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