IndustrialFreeholdDistrict 13 · Toa Payoh

Citimac Complex

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2013
Quick Summary

Citimac Complex is a industrial building in District 13 · Toa Payoh. It is freehold. 26 transactions are on record since 1995, at a median S$387 psf, most recently in May 2013. 1 unit is currently listed for rent. ACRA records 1 live company registration at this address.

1

What are the key facts about Citimac Complex?

Key takeawayCitimac Complex is a industrial building in District 13 · Toa Payoh, held freehold.
Asset class
Industrial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Freehold
District / Area
District 13 · Toa Payoh
Address
605b Macpherson Road
Land area
—
Completed
Not on record
Storeys
Not on record
Units with a recorded sale
At least 22
Listed as
Light Industrial (B1)
Transactions on record
26 (records start 1995)
Live listings
1
ACRA registrations
1
2

About Citimac Complex

Citimac Complex is an industrial building in Toa Payoh (District 13). It is located along Macpherson Road, Singapore 368241.

The site is freehold.

26 transactions have been recorded here, at a median of S$386 psf. The most recent was in May 2013.

Across JTC's rental returns for Macpherson Road, the median rent for industrial space on this street works out to about S$1.65 psf per month over 106 observations. Observed medians on the street span S$0.75 to S$3.23 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

5 businesses are currently registered at this address with ACRA.

3

What has Citimac Complex sold for?

Key takeawayAcross 26 recorded transactions since 1995, the median price is about S$1.13M, most recently in May 2013.
DateUsePriceAreaPSF
May 2013Multiple-user FactoryS$2.01M2,626 sqft$765
Nov 2012Multiple-user FactoryS$2.53M3,961 sqft$640
Apr 2012Multiple-user FactoryS$1.97M2,637 sqft$747
Jun 2011Multiple-user FactoryS$1.21M1,733 sqft$696
Apr 2011Multiple-user FactoryS$1.13M2,637 sqft$428
Dec 2010Multiple-user FactoryS$1.10M2,637 sqft$417
Jun 2009Multiple-user FactoryS$1.63M4,812 sqft$339
Nov 2008Multiple-user FactoryS$736k2,626 sqft$280
Aug 2008Multiple-user FactoryS$1.12M3,531 sqft$317
Oct 2006Multiple-user FactoryS$540k2,648 sqft$204

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

4

What does space at Citimac Complex rent for?

Key takeawayNo rent is published for Citimac Complex itself. On its street, Macpherson Road, strata factory space rented at a median of $2.39 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 Macpherson Road

Street level · 2026Q3
25th pct
—
— psm
Median
$2.39
$25.76 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +9% on a year earlier

2023Q4 · $24.02 psm2026Q3 · $25.76 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.

5

Market context around Citimac 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.

6

How fast units move at Citimac Complex

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent.

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

7

What's been approved at Citimac Complex?

Key takeawayURA's planning decisions at Citimac Complex since 2000 are below. 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. 2 Dec 2015RefusedFloor 1
    Change of use to nightclub

    Change of use of the 1st storey showroom unit #01-XX to nightclub

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).

8

How does Macpherson Road price?

Strata sales on the street (5y)
4

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

9

What is available at Citimac Complex right now?

Key takeaway1 unit is currently listed at Citimac Complex. One row per unit; several agents often market the same unit.

For rent (1)

  • 605B Macpherson Road, 368241S$4k/mo · 1,550 sqft

Browse every listing at this building →

10

Who's registered at Citimac Complex?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list Citimac Complex as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    1
  • Manufacturing
    0
  • Construction
    0
  • Administrative and support services
    0
  • Information and communications
    0
  • Transportation and storage
    0
  • Professional, scientific and technical services
    0
  • Financial and insurance
    0
  • Real estate
    0
  • Accommodation and food services
    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.

11

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$17.70 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$17.70 psm/mo
Observed range
S$8.10 – S$34.72

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.

12

Frequently asked questions about Citimac Complex

Where is Citimac Complex?⌄

Citimac Complex is at 605B Macpherson Road, Singapore 368241, in the Toa Payoh planning area.

What is the tenure of Citimac Complex?⌄

Citimac Complex is freehold.

What have units at Citimac Complex sold for?⌄

Across 26 recorded transactions, the median is S$386 psf. The latest was in May 2013.

What does industrial space near Citimac Complex rent for?⌄

JTC's rental returns for Macpherson Road put the median at about S$1.65 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Macpherson Road, not a rent quoted for Citimac Complex itself.

How many businesses are registered at Citimac Complex?⌄

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

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