IndustrialBUSINESS 1 - WHITEFreeholdDistrict 13 · Toa Payoh

Citimac Complex

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2013

Quick Summary

Citimac Complex is a industrial building in District 13 · Toa Payoh, on land zoned BUSINESS 1 - WHITE under the URA Master Plan with a gross plot ratio of 3.5. It is freehold. 13 transactions are on record since 1995, at a median S$581 psf, most recently in Jul 2013. 1 unit is currently listed for rent. ACRA records 15 live company registrations at this address.

The facts are here — now get the verdict on Citimac Complex.

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What are the key facts about Citimac Complex?

Key takeawayCitimac Complex is a industrial building in District 13 · Toa Payoh, zoned BUSINESS 1 - WHITE, held freehold.

Asset class: Industrial
Land-use zone: BUSINESS 1 - WHITE
Gross plot ratio: 3.5
Tenure: Freehold
District / Area: District 13 · Toa Payoh
Address: 605 Macpherson Road
Land area: 13,000 sqm
Completed: Not on record
Storeys: 8 (© OpenStreetMap contributors)
Units with a recorded sale: At least 10
Listed as: Food & Beverage
Transactions on record: 13 (records start 1995)
Live listings: 1
ACRA registrations: 15

About Citimac Complex

Citimac Complex is an industrial building in Toa Payoh (District 13). It is located along Macpherson Road, Singapore 368239.

Under the URA Master Plan the site is zoned Business 1 - White with a gross plot ratio of 3.5.

The site is freehold. It sits on about 13,000 sqm of land with roughly 45,454 sqm of gross floor area.

13 transactions have been recorded here, at a median of S$581 psf. The most recent was in July 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.

The nearest port or airport land is about 7.3 km away. The closest business-park zone is about 642 m away. The nearest MRT is Tai Seng MRT, 172 m away (about a 3-minute walk). The closest bus stop (Grantral Mall Macpherson) is 77 m away (about a 1-minute walk).

17 businesses are currently registered at this address with ACRA.

What is Citimac Complex zoned as?

Key takeawayCitimac Complex sits on land zoned BUSINESS 1 - WHITE with a gross plot ratio of 3.5.

Land-use zone: BUSINESS 1 - WHITE
Gross plot ratio: 3.5

Run the full zoning report for this building →

What has Citimac Complex sold for?

Key takeawayAcross 13 recorded transactions since 1995, the median price is about S$1.60M, most recently in Jul 2013.

Date	Use	Price	Area	PSF
Jul 2013	Multiple-user Factory	S$3.97M	5,242 sqft	$756
Jun 2013	Multiple-user Factory	S$2.40M	2,002 sqft	$1,200
Jun 2013	Multiple-user Factory	S$749k	624 sqft	$1,200
Jun 2013	Multiple-user Factory	S$1.90M	1,582 sqft	$1,200
Jan 2007	Multiple-user Factory	S$1.33M	5,242 sqft	$254
Mar 2006	Multiple-user Factory	S$1.15M	4,209 sqft	$273
May 2005	Multiple-user Factory	S$1.30M	4,273 sqft	$304
Jan 2005	Multiple-user Factory	S$1.60M	3,305 sqft	$484
Apr 2002	Multiple-user Factory	S$1.50M	2,583 sqft	$581
Aug 2000	Warehouse	S$4.20M	8,870 sqft	$474

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

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.

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.

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.

What's been approved at Citimac Complex?

Key takeawayURA has approved 3 changes of use at Citimac Complex since 2000, most recently in 2009. 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.

20 Apr 2021Approved
Additions & alterations
Proposed addition and alteration to existing 8-storey light industrial building
22 Apr 2019Approved
Additions & alterations
Proposed addition and alteration to existing multi-user 8-storey light industrial building
20 Apr 2009ApprovedFloor 1
Change of use to canteen
Change of use of showroom unit #01-XX to canteen
27 Jun 2007ApprovedFloor 1
Change of use to showroom
C/u of the ist storey canteen (#01-XX) to showroom
19 Dec 2005ApprovedFloor 1
Change of use to canteen
Change of use of the 1st sty ancillary office (#01-XX) to canteen

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).

How does Macpherson Road price?

Strata sales on the street (5y)

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.

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)

Restaurant Bar Live Entertainment @ Tai SengS$10k/mo · 732 sqft

Browse every listing at this building →

What is near Citimac Complex?

Key takeawayThe nearest MRT/LRT is Tai Seng MRT, about 172 m away.

Getting around

Tai Seng MRT172 m · ~3 min

Amenities nearby

Grantral Mall Macpherson · 77 mTai Seng MRT Exit B · 112 mEducational Institution · 192 mWinnie Medical Centre · 238 mBusiness Park · 642 mBlk 80 Circuit Road · 660 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Citimac Complex

Key takeawayThe nearest station is Tai Seng (CC11), 111 m away — a busy station, with about 45,000 taps in and out on an average weekday. 15 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 98% of industrial buildings

nearest MRT/LRT Tai Seng (CC11) 111 m, about 45,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 9, about 20,000 taps a weekday; Toa Payoh: 53,749 resident workers (Census 2020, by workplace); about 37,000 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

Tai Seng (CC11)111 m · about 45,000 weekday taps
MacPherson (CC10 / DT26)818 m · about 39,000 weekday taps
Mattar (DT25)911 m · 9,848 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 Citimac Complex. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with about 20,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Irving Rd (URA)208 m
S$0.60 per half-hour at midday on a weekday · 6 car lots
Blk 81/82 Macpherson Lane (HDB)270 m
S$0.60 per half-hour at midday on a weekday
Irving Place (URA)286 m
S$0.60 per half-hour at midday on a weekday · 11 car lots
Burn Rd (URA)295 m
S$0.60 per half-hour at midday on a weekday · 20 car lots
Tai Seng St (URA)313 m
S$0.60 per half-hour at midday on a weekday · 8 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.

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

Who's registered at Citimac Complex?

Key takeaway15 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.

Construction
6
Wholesale and retail trade
2
Professional, scientific and technical services
2
Administrative and support services
1
Manufacturing
1
Transportation and storage
1
Accommodation and food services
1
Arts, entertainment and recreation
1
Information and communications
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.

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.

Frequently asked questions about Citimac Complex

Where is Citimac Complex?⌄

Citimac Complex is at 605 Macpherson Road, Singapore 368239, in the Toa Payoh planning area.

What is Citimac Complex zoned as?⌄

Citimac Complex is zoned Business 1 - White under the URA Master Plan, with a gross plot ratio of 3.5.

What is the tenure of Citimac Complex?⌄

Citimac Complex is freehold.

What have units at Citimac Complex sold for?⌄

Across 13 recorded transactions, the median is S$581 psf. The latest was in July 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.

What is the nearest MRT station to Citimac Complex?⌄

Tai Seng MRT is the closest, 172 m away (about a 3-minute walk).

How many businesses are registered at Citimac Complex?⌄

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

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.