Excel Building
Excel Building is a industrial building in District 23 · Bukit Batok, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 4 transactions are on record since 1995, most recently in Feb 2007. 2 units are currently listed for rent. ACRA records 19 live company registrations at this address.
What are the key facts about Excel Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 23 · Bukit Batok
- Address
- 521 Bukit Batok Street 23
- Land area
- 9,724 sqm
- Transactions on record
- 4 (records start 1995)
- Live listings
- 2
- ACRA registrations
- 19
About Excel Building
Excel Building is an industrial building in Bukit Batok (District 23). It is located along Bukit Batok Street 23, Singapore 659544.
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 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 9,724 sqm of land with roughly 24,310 sqm of gross floor area.
4 transactions have been recorded here, at a median of S$148 psf. The most recent was in February 2007.
Across JTC's rental returns for Bukit Batok Street 23, the median rent for industrial space on this street works out to about S$1.75 psf per month over 98 observations. Observed medians on the street span S$0.85 to S$2.40 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 4.8 km away. The closest business-park zone is about 1.5 km away. The closest bus stop (SBST Bt Batok Depot) is 124 m away (about a 2-minute walk).
19 businesses are currently registered at this address with ACRA.
What is Excel Building zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has Excel Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Feb 2007 | Single-user Factory | S$25.40M | 104,662 sqft | $243 |
| Dec 2006 | Single-user Factory | S$24.10M | 104,662 sqft | $230 |
| Jul 2006 | Single-user Factory | S$6.80M | 104,662 sqft | $65 |
| Apr 2006 | Single-user Factory | S$6.80M | 104,662 sqft | $65 |
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.
How does Bukit Batok Street 23 price?
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 available at Excel Building right now?
For rent (2)
- Warehouse, Bukit Batok High Ceiling , Storage/ProductionS$69k/mo · 43,000 sqft
- 521 Bukit Batok Street 23S$36k/mo · 20,839 sqft
What is near Excel Building?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Excel Building?
- Live registrations
- 19
- Registered last 3 years
- 10
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.
What does industrial space rent for on this street?
- Street rent, median
- S$18.80 psm/mo
- Observed range
- S$9.13 – S$25.83
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 Excel Building
Where is Excel Building?⌄
Excel Building is at 521 Bukit Batok Street 23, Singapore 659544, in the Bukit Batok planning area.
What is Excel Building zoned as?⌄
Excel Building 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 Excel Building?⌄
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 Excel Building?⌄
Excel Building is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at Excel Building sold for?⌄
Across 4 recorded transactions, the median is S$148 psf. The latest was in February 2007.
What does industrial space near Excel Building rent for?⌄
JTC's rental returns for Bukit Batok Street 23 put the median at about S$1.75 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Bukit Batok Street 23, not a rent quoted for Excel Building itself.
How many businesses are registered at Excel Building?⌄
19 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on Excel Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.