Forte

Asset class

Industrial

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Tenure

Freehold

District / Area

District 19 · Hougang

Address

29 New Industrial Road

Land area

3,782 sqm

Transactions on record

2 (records start 1995)

Live listings

None

ACRA registrations

1

Forte is an industrial building in Hougang (District 19). It is located along New Industrial Road, Singapore 536213.

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 freehold. It sits on about 3,782 sqm of land with roughly 9,706 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$943 psf. The most recent was in June 2015.

Across JTC's rental returns for New Industrial Road, the median rent for industrial space on this street works out to about S$2.03 psf per month over 104 observations. Observed medians on the street span S$0.88 to S$2.86 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

2 industrial projects are still uncompleted on this street, adding about 15,440 sqm of gross floor area, the earliest due around 2028.

The nearest port or airport land is about 7.1 km away. The closest business-park zone is about 391 m away. The nearest MRT is Bartley MRT, 666 m away (about a 10-minute walk). The closest bus stop (Blk 181) is 290 m away (about a 4-minute walk).

1 business is currently registered at this address with ACRA.

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Run the full zoning report for this building →

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.

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.

Straight-line distances. Source: PropKaki amenities data.

Live registrations

1

Registered last 3 years

1

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.

Street rent, median

S$21.86 psm/mo

Observed range

S$9.46 – S$30.78

Pipeline on this street

2 projects · earliest TOP 2028

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.