IndustrialBUSINESS 1District 3 · Bukit Merah

Globamatrix

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

Globamatrix is a industrial building in District 3 · Bukit Merah, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on Globamatrix.

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What are the key facts about Globamatrix?

Key takeawayGlobamatrix is a industrial building in District 3 · Bukit Merah, zoned BUSINESS 1.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Not on record
District / Area: District 3 · Bukit Merah
Address: —
Land area: 1,070 sqm
Completed: Not on record
Storeys: Not on record
Transactions on record: None recorded
Live listings: None
ACRA registrations: 0

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

About Globamatrix

Globamatrix is an industrial building in Bukit Merah (District 03). It is located along Jalan Kilang Barat, Singapore 159354.

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.

It sits on about 1,070 sqm of land with roughly 2,674 sqm of gross floor area.

Across JTC's rental returns for Jalan Kilang Barat, the median rent for industrial space on this street works out to about S$2.77 psf per month over 87 observations. Observed medians on the street span S$1.38 to S$3.40 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 2.0 km away. The closest business-park zone is about 1.2 km away. The closest bus stop (Blk 1) is 166 m away (about a 3-minute walk).

What is Globamatrix zoned as?

Key takeawayGlobamatrix sits on land zoned BUSINESS 1 with a gross plot ratio of 2.5.

Land-use zone: BUSINESS 1
Gross plot ratio: 2.5

Run the full zoning report for this building →

What does space at Globamatrix rent for?

Key takeawayNo rent is published for Globamatrix itself. On its street, Jalan Kilang Barat, strata factory space rented at a median of $2.87 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Jalan Kilang Barat

Street level · 2026Q3

25th pct

—

— psm

Median

$2.87

$30.84 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +2.4% on a year earlier

2023Q3 · $30.14 psm2026Q3 · $30.84 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.

Market context around Globamatrix

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 Globamatrix?

Key takeawayURA has approved 1 change of use at Globamatrix since 2000, most recently in 2017. 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.

6 Oct 2017ApprovedFloor 2
Change of use to manufacturing and spray painting of guitars
Proposed change of use of factory unit #02-XX to manufacturing and spray painting of guitars on lot 03483x mk 01 at 12 jalang kilang barat, bandlab technologies building (bukit merah planning area)

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).

How does Jalan Kilang Barat price?

Key takeawayJalan Kilang Barat's current JTC street rent is S$30.84 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 4.9% (4.4% net of property tax).

Strata sales on the street (5y)

Street median PSF (strata)

$698

Indicative street yield

4.9% gross

4.4% 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.

What is near Globamatrix?

Amenities nearby

Blk 1 · 166 mEducational Institution · 190 mKL Ng Medical Clinic · 192 mABC Brickworks Market & Food Centre · 225 mAlexandra Hospital · 864 mBusiness Park · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Globamatrix

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Queenstown, 1.1 km away. 12 public car parks are within 500 m.

Foot traffic: busier than 73% of industrial buildings

no MRT/LRT within 1 km (nearest Queenstown, 1.1 km); bus stops within 400 m: 9, about 21,000 taps a weekday; Bukit Merah: 103,575 resident workers (Census 2020, by workplace); about 40,000 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.

Bus

9 bus stops within 400 m, with about 21,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 1001/1010 Bukit Merah Lane 1/3 (JTC)232 m
Blk 28 Jalan Bukit Merah (HDB)242 m
S$0.60 per half-hour at midday on a weekday · 60 car lots
Blk 2A Jalan Bukit Merah (HDB)266 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 220 car lots
Blk 1/3/5 Jalan Bukit Merah (HDB)275 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 460 car lots
Blk 28 Hoy Fatt Road (HDB)315 m
S$0.60 per half-hour at midday on a weekday · gantry 2.1 m · 53 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.

Nearest URA season parking: Pasir Panjang Road Are A, 1.6 km away, S$90/month.

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

Who's registered at Globamatrix?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list Globamatrix as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
0
Manufacturing
0
Information and communications
0
Financial and insurance
0
Other services
0
Construction
0
Accommodation and food 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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$29.87 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$29.87 psm/mo
Observed range: S$14.89 – S$36.59

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 Globamatrix

Where is Globamatrix?⌄

Globamatrix is at Jalan Kilang Barat, Singapore 159354, in the Bukit Merah planning area.

What is Globamatrix zoned as?⌄

Globamatrix 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 Globamatrix?⌄

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.

Have there been any recorded transactions at Globamatrix?⌄

No caveats have been lodged for Globamatrix in the records we track. That is common for single-owner industrial buildings, which never generate strata transactions.

What does industrial space near Globamatrix rent for?⌄

JTC's rental returns for Jalan Kilang Barat put the median at about S$2.77 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Jalan Kilang Barat, not a rent quoted for Globamatrix itself.

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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.

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.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

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, JTC car park information (data.gov.sg), 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.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.