IndustrialFreeholdDistrict 13 · Toa Payoh

Citimac Complex

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2015
Quick Summary

Citimac Complex is a industrial building in District 13 · Toa Payoh. It is freehold. 25 transactions are on record since 1995, at a median S$518 psf, most recently in Dec 2015. 1 unit is currently listed for rent. ACRA records 5 live company registrations 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
605a Macpherson Road
Land area
—
Completed
Not on record
Storeys
Not on record
Units with a recorded sale
At least 21
Listed as
Office
Transactions on record
25 (records start 1995)
Live listings
1
ACRA registrations
5
2

About Citimac Complex

Citimac Complex is an industrial building in Toa Payoh (District 13). It is located along Macpherson Road, Singapore 368240.

The site is freehold.

25 transactions have been recorded here, at a median of S$518 psf. The most recent was in December 2015.

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.

6 businesses are currently registered at this address with ACRA.

3

What has Citimac Complex sold for?

Key takeawayAcross 25 recorded transactions since 1995, the median price is about S$1.44M, most recently in Dec 2015.
DateUsePriceAreaPSF
Dec 2015Multiple-user FactoryS$2.11M2,637 sqft$800
Mar 2013Multiple-user FactoryS$1.35M1,744 sqft$774
Jan 2013Multiple-user FactoryS$2.19M2,734 sqft$800
Jan 2013Multiple-user FactoryS$1.80M2,648 sqft$680
Jan 2013Multiple-user FactoryS$2.40M3,531 sqft$680
Nov 2012Multiple-user FactoryS$1.79M2,637 sqft$680
Aug 2012Multiple-user FactoryS$2.30M3,531 sqft$651
Aug 2012Multiple-user FactoryS$1.72M2,648 sqft$650
Aug 2012Multiple-user FactoryS$1.78M2,734 sqft$650
Jun 2012Multiple-user FactoryS$1.69M2,648 sqft$640

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, 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.

7

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.

8

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)

  • Citimac ComplexS$7k/mo · 1,830 sqft

Browse every listing at this building →

9

Who's registered at Citimac Complex?

Key takeaway5 live companies (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.
  • Professional, scientific and technical services
    2
  • Information and communications
    2
  • Wholesale and retail trade
    1
  • Manufacturing
    0
  • Financial and insurance
    0
  • Construction
    0
  • Administrative and support services
    0
  • Transportation and storage
    0
  • Accommodation and food services
    0
  • Real estate
    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. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. ACRA, as of 2026-09-16.

10

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.

11

Frequently asked questions about Citimac Complex

Where is Citimac Complex?⌄

Citimac Complex is at 605A Macpherson Road, Singapore 368240, 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 25 recorded transactions, the median is S$518 psf. The latest was in December 2015.

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?⌄

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

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