IndustrialBUSINESS 1District 3 · Queenstown

Commonwealth Car Mall

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

Commonwealth Car Mall is a industrial building in District 3 · Queenstown, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. ACRA records 1 live company registration at this address.

The facts are here — now get the verdict on Commonwealth Car Mall.

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What are the key facts about Commonwealth Car Mall?

Key takeawayCommonwealth Car Mall is a industrial building in District 3 · Queenstown, zoned BUSINESS 1.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Not on record
District / Area: District 3 · Queenstown
Address: 15 Commonwealth Lane
Land area: 10,152 sqm
Completed: Not on record
Storeys: Not on record
Estate (JTC): Alexandra Village Industrial Estate
Transactions on record: None recorded
Live listings: None
ACRA registrations: 1

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

About Commonwealth Car Mall

Commonwealth Car Mall is an industrial building in Queenstown (District 03). It is located along Commonwealth Lane, Singapore 149554.

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.

It sits on about 10,152 sqm of land with roughly 25,380 sqm of gross floor area.

Across JTC's rental returns for Commonwealth Lane, the median rent for industrial space on this street works out to about S$3.06 psf per month over 61 observations. Observed medians on the street span S$2.46 to S$3.91 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 3.2 km away. The closest business-park zone is about 272 m away. The nearest MRT is Commonwealth MRT, 385 m away (about a 6-minute walk). The closest bus stop (Opp Blk 115B) is 202 m away (about a 3-minute walk).

2 businesses are currently registered at this address with ACRA.

What is Commonwealth Car Mall zoned as?

Key takeawayCommonwealth Car Mall 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 →

What does space at Commonwealth Car Mall rent for?

Key takeawayNo rent is published for Commonwealth Car Mall itself. On its street, Commonwealth Lane, strata factory space rented at a median of $2.97 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 Commonwealth Lane

Street level · 2026Q3

25th pct

—

— psm

Median

$2.97

$32.02 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median -13.4% on a year earlier

2023Q4 · $32.58 psm2026Q3 · $32.02 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 Commonwealth Car Mall

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.

What's been approved at Commonwealth Car Mall?

Key takeawayURA's planning decisions at Commonwealth Car Mall 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.

20 Aug 2018Approved
Additions & alterations
Proposed temporary shed at the existing car showroom on lot 07302t & 07303a mk 04 at 15 commonwealth lane (queenstown planning area)
16 Jul 2015Approved
Additions & alterations
Proposed addtion & alteration involving new temporary sheds to existing temporary car showroom on lot 06448t mk 04 at 15 commonwealth lane (queenstown planning area)
25 Jan 2013Approved
Additions & alterations
Proposed addition and alteration of single storey sheds for car showroom use on lot 6448pt, mk04 at no.15 commonwealth lane singapore 149554 (queenstown planning area)

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 Commonwealth Lane price?

Key takeawayCommonwealth Lane's current JTC street rent is S$32.02 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 11.0% (9.9% net of property tax).

Strata sales on the street (5y)

Street median PSF (strata)

$320

Indicative street yield

11.0% gross

9.9% 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.

What is near Commonwealth Car Mall?

Key takeawayThe nearest MRT/LRT is Commonwealth MRT, about 385 m away.

Getting around

Commonwealth MRT385 m · ~6 min

Amenities nearby

Holland Medical Clinic · 149 mEducational Institution · 186 mOpp Blk 115B · 202 mBusiness Park · 273 mCommonwealth MRT Exit B · 352 mCommonwealth Crescent Market · 397 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Commonwealth Car Mall

Key takeawayThe nearest station is Commonwealth (EW20), 352 m away — a moderately busy station, with about 29,000 taps in and out on an average weekday. 23 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 96% of industrial buildings

nearest MRT/LRT Commonwealth (EW20) 352 m, about 29,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 6, about 19,000 taps a weekday; Queenstown: 131,782 resident workers (Census 2020, by workplace); about 36,000 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

Commonwealth (EW20)352 m · about 29,000 weekday taps
Holland Village (CC21)570 m · about 22,000 weekday taps
Buona Vista (EW21 / CC22)677 m · about 64,000 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 Commonwealth Car Mall. Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with about 19,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 2/4/6/31/32 Holland Close (HDB)121 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 256 car lots
Blk 115A Commonwealth Drive (HDB)197 m
S$0.60 per half-hour at midday on a weekday · 103 car lots
Blk 7B Commonwealth Avenue (HDB)223 m
S$0.60 per half-hour at midday on a weekday · gantry 2 m · 342 car lots
Blk 89 Commonwealth Drive (HDB)238 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m
Blk 110 Commonwealth Crescent (HDB)257 m
S$0.60 per half-hour at midday on a weekday · 34 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. Commonwealth Car Mall's own car park, if it has one, and its charges are not in the open data.

Who's registered at Commonwealth Car Mall?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list Commonwealth Car Mall as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
1
Financial and insurance
0
Administrative and support services
0
Accommodation and food services
0
Real estate
0
Professional, scientific and technical services
0
Education
0
Arts, entertainment and recreation
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$32.95 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$32.95 psm/mo
Observed range: S$26.46 – S$42.08

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 Commonwealth Car Mall

Where is Commonwealth Car Mall?⌄

Commonwealth Car Mall is at 15 Commonwealth Lane, Singapore 149554, in the Queenstown planning area.

What is Commonwealth Car Mall zoned as?⌄

Commonwealth Car Mall 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 Commonwealth Car Mall?⌄

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.

Have there been any recorded transactions at Commonwealth Car Mall?⌄

No caveats have been lodged for Commonwealth Car Mall in the records we track. That is common for single-owner industrial buildings, which never generate strata transactions.

What does industrial space near Commonwealth Car Mall rent for?⌄

JTC's rental returns for Commonwealth Lane put the median at about S$3.06 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Commonwealth Lane, not a rent quoted for Commonwealth Car Mall itself.

What is the nearest MRT station to Commonwealth Car Mall?⌄

Commonwealth MRT is the closest, 385 m away (about a 6-minute walk).

How many businesses are registered at Commonwealth Car Mall?⌄

2 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.

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.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

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

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 JTC estate boundaries, HDB car park information (data.gov.sg), URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model — 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.