IndustrialRESIDENTIALLeaseholdDistrict 3 · Bukit Merah

Ganges Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Apr 2011

Quick Summary

Ganges Centre is a industrial building in District 3 · Bukit Merah, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.0. It is leasehold with roughly 9 years remaining. 17 transactions are on record since 1995, at a median S$425 psf, most recently in Apr 2011. ACRA records 18 live company registrations at this address.

The facts are here — now get the verdict on Ganges Centre.

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What are the key facts about Ganges Centre?

Key takeawayGanges Centre is a industrial building in District 3 · Bukit Merah, zoned RESIDENTIAL, held leasehold.

Asset class: Industrial
Land-use zone: RESIDENTIAL
Gross plot ratio: 2.0
Tenure: Leasehold
District / Area: District 3 · Bukit Merah
Address: 554 Havelock Road
Land area: 2,109 sqm
Completed: Not on record
Storeys: Not on record
Units with a recorded sale: At least 11
Transactions on record: 17 (records start 1995)
Live listings: None
ACRA registrations: 18

About Ganges Centre

Ganges Centre is a mixed-use building in Outram (District 03). It is located along Havelock Road, Singapore 169639.

Under the URA Master Plan the site is zoned Residential with a gross plot ratio of 2.

The site is leasehold, with about 9 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 2,109 sqm of land with roughly 4,217 sqm of gross floor area.

17 transactions have been recorded here, at a median of S$425 psf. The most recent was in April 2011.

The nearest port or airport land is about 3.2 km away. The closest business-park zone is about 976 m away. The nearest MRT is Havelock MRT, 285 m away (about a 4-minute walk). The closest bus stop (Ganges Ctr) is 59 m away (about a 1-minute walk).

19 businesses are currently registered at this address with ACRA.

What is Ganges Centre zoned as?

Key takeawayGanges Centre sits on land zoned RESIDENTIAL with a gross plot ratio of 2.0.

Land-use zone: RESIDENTIAL
Gross plot ratio: 2.0

Run the full zoning report for this building →

What has Ganges Centre sold for?

Key takeawayAcross 17 recorded transactions since 1995, the median price is about S$2.35M, most recently in Apr 2011.

Date	Use	Price	Area	PSF
Apr 2011	Multiple-user Factory	S$2.35M	3,488 sqft	$674
Apr 2011	Multiple-user Factory	S$2.35M	5,533 sqft	$425
Apr 2011	Multiple-user Factory	S$2.35M	5,533 sqft	$425
Apr 2011	Multiple-user Factory	S$2.35M	5,533 sqft	$425
Apr 2011	Multiple-user Factory	S$2.35M	5,533 sqft	$425
Apr 2011	Multiple-user Factory	S$2.35M	5,533 sqft	$425
Apr 2011	Multiple-user Factory	S$1.07M	2,304 sqft	$463
Apr 2011	Multiple-user Factory	S$2.35M	5,533 sqft	$425
Apr 2011	Multiple-user Factory	S$2.35M	5,533 sqft	$425
Apr 2011	Multiple-user Factory	S$1.28M	3,272 sqft	$392

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

Market context around Ganges 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.

What's been approved at Ganges Centre?

Key takeawayURA has approved 4 changes of use at Ganges Centre since 2000, most recently in 2024, 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.

16 Dec 2025Renewed
Continued use as restaurant
Continued use of part 10th storey staff pantry and attic level function room as restaurant at louis kienne serviced residences
20 Aug 2024Approved
Change of use: staff pantry → restaurant
Proposed change of use of part 10th storey from staff pantry to restaurant
4 May 2023Approved
Change of use to restaurant
Proposed change of use of attic level function room to restaurant at louis kienne serviced residences
13 Apr 2023Refused
Change of use to bar
Proposed change of use of attic level function room to bar at louis kienne serviced residences
5 Jun 2014Approved
Additions & alterations
Proposed regularisation & amendment to approved additions and alterations and change of use to the existing 10-storey flatted factory building to serviced apartment (96 units) development with attic, swimming pool and other amenities on lot 99222n ts 24 at 554 havelock road
10 Sept 2013Approved
Additions & alterations
Proposed additions and alterations and change of use to the existing 10-storey flatted factory building to a serviced apartment (96 units) development with attic, swimming pool and other amenities on lot 99222n ts 24 at 554 havelock road (bukit merah pla
10 Apr 2012Refused
Additions & alterations
Proposed outline application for additions & alterations and change of use to the existing 10-storey flatted factory building to a 10-storey hotel development with swimming pool and amenities
10 Dec 2008ApprovedFloor 2
Change of use: light industrial use → warehouse with ancillary office
Change of use of the 2nd storey (#02-XX) from light industrial use to warehouse with ancillary office
10 Aug 2006ApprovedFloor 1
Change of use to ancillary staff canteen
Change of use of the approved general industry unit #01-XX to ancillary staff canteen

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).

What is near Ganges Centre?

Key takeawayThe nearest MRT/LRT is Havelock MRT, about 285 m away.

Getting around

Havelock MRT285 m · ~5 min

Amenities nearby

Ganges Ctr · 59 mEducational Institution · 84 mMedi Clinic · 147 mHavelock MRT Exit 3 · 245 mZion Riverside Food Centre · 273 mBusiness Park · 976 mSingapore General Hospital · 981 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Ganges Centre

Key takeawayThe nearest station is Havelock (TE16), 245 m away — a moderately busy station, with about 16,000 taps in and out on an average weekday. 18 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 Havelock (TE16) 245 m, about 16,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 9, about 8,446 taps a weekday; Bukit Merah: 103,575 resident workers (Census 2020, by workplace); about 54,000 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

Havelock (TE16)245 m · about 16,000 weekday taps
Great World (TE15)355 m · about 21,000 weekday taps
Tiong Bahru (EW17)589 m · about 52,000 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 Ganges Centre. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with 8,446 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 568 Ganges Avenue (HDB)64 m
S$0.60 per half-hour at midday on a weekday
Blk 87 Zion Road (HDB)172 m
S$0.60 per half-hour at midday on a weekday · gantry 2.4 m · 66 car lots
Blk 96 Havelock Road Mscp (HDB)192 m
S$0.60 per half-hour at midday on a weekday · gantry 1.9 m · 220 car lots
Ganges Ave Off St (URA)204 m
S$0.60 per half-hour at midday on a weekday · season S$90/month · 39 car lots
Blks 4-8 Taman Ho Swee (HDB)248 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 82 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. Ganges Centre's own car park, if it has one, and its charges are not in the open data.

Who's registered at Ganges Centre?

Key takeaway18 live companies (and LLPs and branches; sole proprietors are not counted) list Ganges Centre as their registered address. These are registered businesses, not who occupies the space.

Accommodation and food services
8
Arts, entertainment and recreation
3
Professional, scientific and technical services
3
Financial and insurance
2
Real estate
2
Wholesale and retail trade
0
Information and communications
0
Construction
0
Transportation and storage
0
Other services
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.

Frequently asked questions about Ganges Centre

Where is Ganges Centre?⌄

Ganges Centre is at 554 Havelock Road, Singapore 169639, in the Outram planning area.

What is Ganges Centre zoned as?⌄

Ganges Centre is zoned Residential under the URA Master Plan, with a gross plot ratio of 2.

What is the tenure of Ganges Centre?⌄

Ganges Centre is leasehold. About 9 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Ganges Centre sold for?⌄

Across 17 recorded transactions, the median is S$425 psf. The latest was in April 2011.

What is the nearest MRT station to Ganges Centre?⌄

Havelock MRT is the closest, 285 m away (about a 4-minute walk).

How many businesses are registered at Ganges Centre?⌄

19 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.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

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.

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 URA planning decisions, 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.