IndustrialBUSINESS 2LeaseholdDistrict 14 · Bedok

First East Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2026
Quick Summary

First East Centre is a industrial building in District 14 · Bedok, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.0. It is leasehold with roughly 13 years remaining. 122 transactions are on record since 1995, at a median S$233 psf, most recently in May 2026. 13 units are currently listed for sale or rent. ACRA records 737 live company registrations at this address.

1

What are the key facts about First East Centre?

Key takeawayFirst East Centre is a industrial building in District 14 · Bedok, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
1.0
Tenure
Leasehold
District / Area
District 14 · Bedok
Address
10 Kaki Bukit Road 2
Land area
10,720 sqm
Completed
2011 (per EdgeProp listings)
Storeys
Not on record
Strata units (MCST)
81
Managing agent
MCS UNITED GROUP HOLDINGS PTE LTD
Strata formed
2011 (MCST 3756)
Units with a recorded sale
At least 64
Listed as
Factory / Workshop (B2), Light Industrial (B1)
Transactions on record
122 (records start 1995)
Live listings
13
ACRA registrations
737
2

About First East Centre

First East Centre is an industrial building in Bedok (District 14). It is located along Kaki Bukit Road 2, Singapore 417868.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 13 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 10,720 sqm of land with roughly 10,720 sqm of gross floor area.

122 transactions have been recorded here, at a median of S$232 psf. The most recent was in May 2026.

Across JTC's rental returns for Kaki Bukit Road 2, the median rent for industrial space on this street works out to about S$1.56 psf per month over 105 observations. Observed medians on the street span S$0.54 to S$2.30 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 8.0 km away. The closest business-park zone is about 923 m away. The nearest MRT is Ubi MRT, 969 m away (about a 15-minute walk). The closest bus stop (Opp Gordon Warehse Bldg) is 251 m away (about a 4-minute walk).

759 businesses are currently registered at this address with ACRA.

3

What is First East Centre zoned as?

Key takeawayFirst East Centre sits on land zoned BUSINESS 2 with a gross plot ratio of 1.0.
Land-use zone
BUSINESS 2
Gross plot ratio
1.0

Run the full zoning report for this building →

4

What has First East Centre sold for?

Key takeawayAcross 122 recorded transactions since 1995, the median price is about S$623k, most recently in May 2026.
DateUsePriceAreaPSF
May 2026Multiple-user FactoryS$465k2,325 sqft$200
Apr 2026Multiple-user FactoryS$470k2,626 sqft$179
Aug 2025Multiple-user FactoryS$360k2,626 sqft$137
Aug 2025Multiple-user FactoryS$600k2,648 sqft$227
Jul 2025Multiple-user FactoryS$580k2,971 sqft$195
May 2025Multiple-user FactoryS$3.60M16,437 sqft$219
May 2025Multiple-user FactoryS$520k2,304 sqft$226
Oct 2024Multiple-user FactoryS$567k2,304 sqft$246
Jul 2024Multiple-user FactoryS$550k2,304 sqft$239
Jun 2024Multiple-user FactoryS$430k2,368 sqft$182

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

5

What does space at First East Centre rent for?

Key takeawayJTC publishes leases at First East Centre itself: strata factory space leased at a median of $2.77 psf a month in 2026Q3, with the middle half of leases between $2.62 and $2.81. That is the building's figure across its leases, and never a quote for a particular unit.

Strata factory space in this building

This building · 2026Q3
25th pct
$2.62
$28.21 psm
Median
$2.77
$29.85 psm
75th pct
$2.81
$30.27 psm

S$ per sq ft per month · median +18.1% on a year earlier

2023Q2 · $25.14 psm2026Q3 · $29.85 psm median

JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.

Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.

Strata factory space on Kaki Bukit Road 2

Street level · 2026Q3
25th pct
—
— psm
Median
$2.12
$22.77 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median -0.1% on a year earlier

2023Q4 · $21.57 psm2026Q3 · $22.77 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.

6

Market context around First East Centre

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.

7

How fast units move at First East Centre

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 3 units for rent; 10 units for sale.

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.

Sale: between 6 Aug 2026 and 28 Aug 2026, 2 new listings appeared and 2 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.

8

What's been approved at First East Centre?

Key takeawayURA has approved 6 changes of use at First East Centre since 2000, most recently in 2026, and refused 1. 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.
  1. 14 May 2026ApprovedFloor 1
    Change of use to industrial canteen

    Proposed change of use of part of unit #01-XX to industrial canteen

  2. 20 Aug 2015RefusedFloor 3
    Change of use to ancillary workers’ dormitory

    Proposed change of use of part of factory unit #03-XX (comprising 2-storey) to ancillary workers’ dormitory (10 workers) at the 4-storey multiple- user industrial building

  3. 4 Apr 2014Approved
    Change of use to general industrial use

    Proposed change of use of unit #o1-31 to general industrial use (collection, sorting and recycling of used cables and metals)

  4. 12 Apr 2012ApprovedFloor 1
    Change of use: factory → general industrial use

    Proposed change of use of unit #01-XX from factory to general industrial use (storage, dismantling and segregation of metal scrap)

  5. 27 Mar 2012ApprovedFloor 1
    Change of use: factory → general industrial use

    Proposed change of use of unit #01-XX from factory to general industrial use (recycling yard) at 10 kaki bukit road 2

  6. 4 Oct 2011ApprovedFloor 1
    Change of use to warehouse

    Proposed change of use of unit #01-XX to warehouse at the existing 4-storey multi-user industrial building

  7. 14 Jul 2011ApprovedFloor 1
    Change of use: staff canteen unit #01-xx → general industrial use

    Proposed change of use from staff canteen unit #01-XX to general industrial use (collection, processing & sale of waste paper) at the existing 4-storey multi-users industrial building

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).

9

How does Kaki Bukit Road 2 price?

Key takeawayKaki Bukit Road 2's current JTC street rent is S$22.77 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)
118
Street median PSF (strata)
$227
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.

10

What is available at First East Centre right now?

Key takeaway13 units are currently listed at First East Centre — 10 for sale and 3 for rent. One row per unit; several agents often market the same unit.

For sale (10)

  • First East CentreS$4.50M · 16,437 sqft
  • First East Centre2 agentsS$680k · 2,648 sqft
  • First East CentreS$520k · 2,562 sqft
  • First East Centre2 agentsS$625k · 3,251 sqft

For rent (3)

  • First East Centre2 agentsS$5k/mo · 2,562 sqft
  • First East Centre3 agentsS$7k/mo · 4,080 sqft
  • First East Centre3 agentsS$6k/mo · 4,080 sqft

Browse every listing at this building →

11

What is near First East Centre?

Key takeawayThe nearest MRT/LRT is Ubi MRT, about 969 m away.

Getting around

Amenities nearby

Opp Gordon Warehse Bldg · 251 mST Medical Services · 471 mBusiness Park · 923 mUbi MRT Exit A · 976 mEducational Institution · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at First East Centre

Key takeawayThe nearest station is Ubi (DT27), 970 m away — a moderately busy station, with about 22,000 taps in and out on an average weekday. 3 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 66% of industrial buildings

nearest MRT/LRT Ubi (DT27) 970 m, about 22,000 taps a weekday; bus stops within 400 m: 6, about 6,645 taps a weekday; Bedok: 59,875 resident workers (Census 2020, by workplace); about 17,000 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

  • Ubi (DT27)970 m · about 22,000 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 First East Centre. Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with 6,645 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Kaki Bukit Rd 2 (URA)93 m
    S$0.60 per half-hour at midday on a weekday · season S$90/month · 38 car lots
  • Defu Lane 12 (JTC)450 m
  • Ubi Avenue 4 (JTC)453 m

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

13

Who's registered at First East Centre?

Key takeaway737 live companies (and LLPs and branches; sole proprietors are not counted) list First East Centre as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    349
  • Information and communications
    86
  • Financial and insurance
    82
  • Professional, scientific and technical services
    59
  • Transportation and storage
    55
  • Other services
    49
  • Construction
    18
  • Manufacturing
    17
  • Administrative and support services
    12
  • Accommodation and food services
    4

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.

14

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$16.77 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$16.77 psm/mo
Observed range
S$5.79 – S$24.76

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.

15

Frequently asked questions about First East Centre

Where is First East Centre?⌄

First East Centre is at 10 Kaki Bukit Road 2, Singapore 417868, in the Bedok planning area.

What is First East Centre zoned as?⌄

First East Centre is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at First East Centre?⌄

Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of First East Centre?⌄

First East Centre is leasehold. About 13 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at First East Centre sold for?⌄

Across 122 recorded transactions, the median is S$232 psf. The latest was in May 2026.

What does industrial space near First East Centre rent for?⌄

JTC's rental returns for Kaki Bukit Road 2 put the median at about S$1.56 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Kaki Bukit Road 2, not a rent quoted for First East Centre itself.

What is the nearest MRT station to First East Centre?⌄

Ubi MRT is the closest, 969 m away (about a 15-minute walk).

How many businesses are registered at First East Centre?⌄

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

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