Bth Centre

Asset class

Industrial

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Tenure

Leasehold

District / Area

District 19 · Serangoon

Address

23 Serangoon North Avenue 5

Land area

5,999 sqm

Completed

Not on record

Storeys

Not on record

Owner

Alpha Integrated REIT (SGX filings)

Land lease expires

2056 (the owner's annual report (as filed on SGX))

Estate (JTC)

Serangoon North Industrial Estate

Listed as

Light Industrial (B1), Office

Transactions on record

1 (records start 1995)

Live listings

14

ACRA registrations

7

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.

Bth Centre is an industrial building in Serangoon (District 19). It is located along Serangoon North Avenue 5, Singapore 554530.

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 10 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 5,999 sqm of land with roughly 14,964 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$945 psf. The most recent was in August 2012.

Across JTC's rental returns for Serangoon North Avenue 5, the median rent for industrial space on this street works out to about S$2.01 psf per month over 75 observations. Observed medians on the street span S$0.22 to S$2.96 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 3.4 km away. The closest business-park zone is about 4.1 km away. The closest bus stop (Ban Teck Han Bldg) is 95 m away (about a 2-minute walk).

6 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Run the full zoning report for this building →

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

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.

1. 2 Sept 2021Agency works
   Additions & alterations

   Proposed 3000 litres n2 skid bulk tank and r.c. plinth in existing factory on lot 16685x mk 18 at 23 serangoon north avenue 5, singapore 554530

2. 24 May 2021Agency works
   Additions & alterations

   Proposed additions & alterations involving extension of an existing substation at 1st storey of existing 5-storey single occupier factory building

3. 19 Apr 2021Agency works
   Additions & alterations

   Proposed 6,000 litres n2 vie tank and r.c. plinth in existing factory on lot 16685x mk 18 at 23 serangoon north avenue 5, singapore 554530

4. 16 Jul 2020Agency works
   Additions & alterations

   Proposed regularisation of existing storey allocation of an existing 6th storey factory

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).

Browse every listing at this building →

Straight-line distances. Source: PropKaki amenities data.

• Wholesale and retail trade
  3
• Professional, scientific and technical services
  2
• Information and communications
  1
• Health and social services
  1
• Accommodation and food services
  0
• Financial and insurance
  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.

Street rent, median

S$21.68 psm/mo

Observed range

S$2.33 – S$31.82

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.