First Centre
First Centre is a industrial building in District 19 · Serangoon, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 41 years remaining. 281 transactions are on record since 1995, most recently in Apr 2026. 20 units are currently listed for sale or rent. ACRA records 423 live company registrations at this address.
What are the key facts about First Centre?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 19 · Serangoon
- Address
- 50 Serangoon North Avenue 4
- Land area
- 9,459 sqm
- Transactions on record
- 281 (records start 1995)
- Live listings
- 20
- ACRA registrations
- 423
About First Centre
First Centre is an industrial building in Serangoon (District 19). It is located along Serangoon North Avenue 4, Singapore 555856.
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 41 years left to run. It sits on about 9,459 sqm of land with roughly 14,292 sqm of gross floor area.
281 transactions have been recorded here, at a median of S$292 psf. The most recent was in April 2026.
Across JTC's rental returns for Serangoon North Avenue 4, the median rent for industrial space on this street works out to about S$1.95 psf per month over 69 observations. Observed medians on the street span S$1.14 to S$3.01 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 3.5 km away. The closest business-park zone is about 4.0 km away. The closest bus stop (Opp Blk 953) is 86 m away (about a 1-minute walk).
423 businesses are currently registered at this address with ACRA.
What is First Centre zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has First Centre sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Apr 2026 | Multiple-user Factory | S$925k | 1,572 sqft | $589 |
| Nov 2025 | Multiple-user Factory | S$800k | 1,389 sqft | $576 |
| Nov 2025 | Multiple-user Factory | S$830k | 1,098 sqft | $756 |
| Nov 2025 | Multiple-user Factory | S$888k | 1,335 sqft | $665 |
| Aug 2025 | Multiple-user Factory | S$841k | 1,335 sqft | $630 |
| Jan 2025 | Multiple-user Factory | S$800k | 1,335 sqft | $599 |
| Sept 2024 | Multiple-user Factory | S$400k | 592 sqft | $676 |
| Sept 2024 | Multiple-user Factory | S$660k | 1,335 sqft | $494 |
| Aug 2024 | Multiple-user Factory | S$880k | 1,528 sqft | $576 |
| Jun 2024 | Multiple-user Factory | S$710k | 1,238 sqft | $574 |
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 Serangoon North Avenue 4 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 First Centre right now?
For sale (12)
- First CentreS$1.20M · 1,905 sqft
- First Centre2 agentsS$1000k · 1,572 sqft
- First Centre2 agentsS$1.20M · 1,905 sqft
- First Centre2 agentsS$1.45M · 1,668 sqft
For rent (8)
- First Centre3 agentsS$4k/mo · 1,528 sqft
- First Centre2 agentsS$5k/mo · 1,851 sqft
- First Centre2 agentsS$5k/mo · 1,800 sqft
- First CentreS$4k/mo · 1,313 sqft
What is near First Centre?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at First Centre?
- Live registrations
- 423
- Registered last 3 years
- 93
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$20.94 psm/mo
- Observed range
- S$12.26 – S$32.36
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 First Centre
Where is First Centre?⌄
First Centre is at 50 Serangoon North Avenue 4, Singapore 555856, in the Serangoon planning area.
What is First Centre zoned as?⌄
First Centre 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 First Centre?⌄
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 First Centre?⌄
First Centre is leasehold. About 41 years remain on the lease.
What have units at First Centre sold for?⌄
Across 281 recorded transactions, the median is S$292 psf. The latest was in April 2026.
What does industrial space near First Centre rent for?⌄
JTC's rental returns for Serangoon North Avenue 4 put the median at about S$1.95 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Serangoon North Avenue 4, not a rent quoted for First Centre itself.
How many businesses are registered at First Centre?⌄
423 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 First Centre.
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.