IndustrialBUSINESS 1LeaseholdDistrict 3 · Bukit Merah

Cendex Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Oct 2026
Quick Summary

Cendex Centre 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 39 years remaining. 339 transactions are on record since 1995, at a median S$550 psf, most recently in Oct 2026. 31 units are currently listed for sale or rent. ACRA records 670 live company registrations at this address.

1

What are the key facts about Cendex Centre?

Key takeawayCendex Centre 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
120 Lower Delta Road
Land area
11,642 sqm
Completed
2007 (per EdgeProp)
Storeys
Not on record
Strata units (MCST)
239
Managing agent
EMPIRE CITY CONSULTANT PTE LTD
Strata formed
2007 (MCST 3256)
Units with a recorded sale
At least 213
Listed as
Light Industrial (B1), Office
Transactions on record
339 (records start 1995)
Live listings
31
ACRA registrations
670
2

About Cendex Centre

Cendex Centre is an industrial building in Bukit Merah (District 03). It is located along Lower Delta Road, Singapore 169208.

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 39 years left to run. It sits on about 11,642 sqm of land with roughly 29,153 sqm of gross floor area.

337 transactions have been recorded here, at a median of S$550 psf. The most recent was in April 2026.

Across JTC's rental returns for Lower Delta Road, the median rent for industrial space on this street works out to about S$1.95 psf per month over 71 observations. Observed medians on the street span S$1.75 to S$4.19 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 1.9 km away. The closest business-park zone is about 759 m away. The nearest MRT is Tiong Bahru MRT, 827 m away (about a 13-minute walk). The closest bus stop (Cendex Ctr) is 72 m away (about a 1-minute walk).

732 businesses are currently registered at this address with ACRA.

3

What is Cendex Centre zoned as?

Key takeawayCendex Centre 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 Cendex Centre sold for?

Key takeawayAcross 339 recorded transactions since 1995, the median price is about S$709k, most recently in Oct 2026.
DateUsePriceAreaPSF
Oct 2026Multiple-user FactoryS$808k1,098 sqft$736
Sept 2026Multiple-user FactoryS$1.45M2,250 sqft$645
Apr 2026Multiple-user FactoryS$788k1,098 sqft$718
Feb 2026Multiple-user FactoryS$1.33M1,539 sqft$863
Aug 2025Multiple-user FactoryS$745k1,152 sqft$647
May 2025Multiple-user FactoryS$1.10M1,539 sqft$715
Apr 2025Multiple-user FactoryS$910k1,604 sqft$567
Jan 2025Multiple-user FactoryS$3.25M4,855 sqft$669
Oct 2024Multiple-user FactoryS$780k1,098 sqft$710
Apr 2024Multiple-user FactoryS$760k1,173 sqft$648

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 Cendex Centre rent for?

Key takeawayJTC publishes leases at Cendex Centre itself: strata factory space leased at a median of $2.91 psf a month in 2026Q3, with the middle half of leases between $2.82 and $3.15. 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
$2.82
$30.39 psm
Median
$2.91
$31.37 psm
75th pct
$3.15
$33.92 psm

S$ per sq ft per month · median -1.6% on a year earlier

2023Q4 · $32.70 psm2026Q3 · $31.37 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 Lower Delta Road

Street level · 2026Q3
25th pct
—
— psm
Median
$2.10
$22.59 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median -1.2% on a year earlier

2023Q4 · $21.85 psm2026Q3 · $22.59 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 Cendex Centre

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 Cendex Centre

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 14 units for rent; 17 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 2 new listings appeared and 3 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, 4 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

What's been approved at Cendex Centre?

Key takeawayURA has approved 4 changes of use at Cendex Centre since 2000, most recently in 2015, and refused 2. 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. 30 Sept 2025ApprovedFloor 15
    Additions & alterations

    Proposed retention of addition and alteration works at roof terrace and proposed change of use of factory units #15-XX to core media activities at existing cendex centre on lot 03670p mk01 at 120 lower delta road (bukit merah planning area)

  2. 12 Oct 2023RefusedFloor 1
    Change of use: warehouse → night club

    Proposed change of use of #01-XX cendex centre from warehouse to night club

  3. 1 Dec 2021RefusedFloor 2
    Additions & alterations

    Outline application for proposed additions and alterations to existing warehouse unit #02-XX with new ancillary facilities (cendex centre)

  4. 4 Sept 2020RefusedFloor 12
    Change of use to office

    Change of use of factory unit #12-XX to office at 120 lower delta road - cendex centre (bukit merah planning area)

  5. 18 Dec 2015ApprovedFloor 4
    Change of use to storage of wine and food products with ancillary office

    Proposed change of use of unit #04-XX to storage of wine and food products with ancillary office on lot 03670p mk 01 at 120 lower delta road - cendex centre (bukit merah planning area)

  6. 6 Oct 2015ApprovedFloor 1
    Change of use

    Proposed change of use of part unit #01-XX warehouse storage on lot 03670p mk01 at 120 lower delta road - cendex center (bukit merah planning area)

  7. 8 Sept 2015ApprovedFloor 13
    Change of use to storage use

    Proposed change of use of factory unit #13-XX to storage use within the existing 16-storey multi-user light industrial development on lot 03670p mk01 at 120 lower delta road - cendex centre (bukit merah planning area)

  8. 5 Mar 2008ApprovedFloor 1
    Change of use: light industrial use → showroom

    Change of use of unit #01-XX from light industrial use to showroom

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).

9

How does Lower Delta Road price?

Key takeawayLower Delta Road's current JTC street rent is S$22.59 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 3.7% (3.3% net of property tax).
Strata sales on the street (5y)
22
Street median PSF (strata)
$657
Indicative street yield
3.7% gross
3.3% 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.

10

What is available at Cendex Centre right now?

Key takeaway31 units are currently listed at Cendex Centre — 17 for sale and 14 for rent. One row per unit; several agents often market the same unit.

For sale (17)

  • Cendex CentreS$780k · 1,173 sqft
  • Cendex CentreS$799k · 1,098 sqft
  • Cendex CentreS$1.08M · 1,604 sqft
  • Cendex Centre2 agentsS$1.55M · 2,217 sqft

For rent (14)

  • Cendex CentreS$3k/mo · 1,098 sqft
  • Cendex CentreS$4k/mo · 1,098 sqft
  • Cendex CentreS$5k/mo · 1,593 sqft
  • Cendex CentreS$7k/mo · 2,250 sqft

Browse every listing at this building →

11

What is near Cendex Centre?

Key takeawayThe nearest MRT/LRT is Tiong Bahru MRT, about 827 m away.

Getting around

Amenities nearby

Cendex Ctr · 72 mCentral Division Clinic · 202 mEducational Institution · 343 mBlk 112 Jalan Bukit Merah · 346 mBusiness Park · 759 mTiong Bahru MRT Exit A · 767 mOutram Community Hospital · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at Cendex Centre

Key takeawayThe nearest station is Tiong Bahru (EW17), 767 m away — a busy station, with about 52,000 taps in and out on an average weekday. 14 public car parks are within 500 m.
Foot traffic: busier than 92% of industrial buildings

nearest MRT/LRT Tiong Bahru (EW17) 767 m, about 52,000 taps a weekday; bus stops within 400 m: 6, about 16,000 taps a weekday; Bukit Merah: 103,575 resident workers (Census 2020, by workplace); about 63,000 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

  • Tiong Bahru (EW17)767 m · about 52,000 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 Cendex Centre. Transfers between lines don't tap, so interchanges read low.

Bus

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

Public car parks within 500 m

  • Blk 105-107 Jalan Bukit Merah (HDB)243 m
    no short-term parking · gantry 4.5 m · 213 car lots
  • Blk 113A Jalan Bukit Merah (HDB)264 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 144 car lots
  • Blk 18 & 19 Telok Blangah Crescent (HDB)290 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m
  • Blk 16A Telok Blangah Crescent (HDB)356 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 593 car lots
  • Blk 108/110/112 Jalan Bukit Merah (HDB)363 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 19 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Nearest URA season parking: Seah Im Rd Off St, 1.5 km away, S$125/month.

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

13

Who's registered at Cendex Centre?

Key takeaway670 live companies (and LLPs and branches; sole proprietors are not counted) list Cendex Centre as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    158
  • Financial and insurance
    120
  • Professional, scientific and technical services
    118
  • Transportation and storage
    61
  • Information and communications
    51
  • Accommodation and food services
    32
  • Construction
    29
  • Administrative and support services
    24
  • Manufacturing
    19
  • Education
    16

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.

14

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$20.99 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$20.99 psm/mo
Observed range
S$18.84 – S$45.11

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.

15

Frequently asked questions about Cendex Centre

Where is Cendex Centre?⌄

Cendex Centre is at 120 Lower Delta Road, Singapore 169208, in the Bukit Merah planning area.

What is Cendex Centre zoned as?⌄

Cendex Centre 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 Cendex Centre?⌄

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 Cendex Centre?⌄

Cendex Centre is leasehold. About 39 years remain on the lease.

What have units at Cendex Centre sold for?⌄

Across 337 recorded transactions, the median is S$550 psf. The latest was in April 2026.

What does industrial space near Cendex Centre rent for?⌄

JTC's rental returns for Lower Delta Road put the median at about S$1.95 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Lower Delta Road, not a rent quoted for Cendex Centre itself.

What is the nearest MRT station to Cendex Centre?⌄

Tiong Bahru MRT is the closest, 827 m away (about a 13-minute walk).

How many businesses are registered at Cendex Centre?⌄

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

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