IndustrialBUSINESS 1LeaseholdDistrict 3 · Queenstown

Gmti Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2016
Quick Summary

Gmti Building is a industrial building in District 3 · Queenstown, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 36 years remaining. 1 transaction is on record since 1995, most recently in Jun 2016. ACRA records 0 live company registrations at this address.

1

What are the key facts about Gmti Building?

Key takeawayGmti Building is a industrial building in District 3 · Queenstown, zoned BUSINESS 1, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 3 · Queenstown
Address
6 Commonwealth Lane
Land area
4,891 sqm
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About Gmti Building

Gmti Building is an industrial building in Queenstown (District 03). It is located along Commonwealth Lane, Singapore 149547.

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 36 years left to run. It sits on about 4,891 sqm of land with roughly 12,162 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$804 psf. The most recent was in June 2016.

Across JTC's rental returns for Commonwealth Lane, the median rent for industrial space on this street works out to about S$3.06 psf per month over 61 observations. Observed medians on the street span S$2.46 to S$3.91 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 3.2 km away. The closest business-park zone is about 289 m away. The nearest MRT is Commonwealth MRT, 298 m away (about a 5-minute walk). The closest bus stop (Opp Blk 115B) is 145 m away (about a 2-minute walk).

3

What is Gmti Building zoned as?

Key takeawayGmti Building 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 →

4

What has Gmti Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jun 2016 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2016Single-user FactoryS$42.35M52,645 sqft$804

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.

5

How does Commonwealth Lane price?

Key takeawayCommonwealth Lane's current JTC street rent is S$32.95 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 11.3% (10.1% net of property tax).
Strata sales on the street (5y)
42
Street median PSF (strata)
$320
Indicative street yield
11.3% gross
10.1% 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.

6

What is near Gmti Building?

Key takeawayThe nearest MRT/LRT is Commonwealth MRT, about 298 m away.

Getting around

Amenities nearby

Opp Blk 115B · 145 mHolland Medical Clinic · 236 mEducational Institution · 261 mCommonwealth MRT Exit B · 265 mBusiness Park · 289 mCommonwealth Crescent Market · 421 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Gmti Building?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

8

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$32.95 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$32.95 psm/mo
Observed range
S$26.46 – S$42.08

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.

9

Frequently asked questions about Gmti Building

Where is Gmti Building?

Gmti Building is at 6 Commonwealth Lane, Singapore 149547, in the Queenstown planning area.

What is Gmti Building zoned as?

Gmti Building 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 Gmti Building?

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 Gmti Building?

Gmti Building is leasehold. About 36 years remain on the lease.

What have units at Gmti Building sold for?

Across 1 recorded transaction, the median is S$804 psf. The latest was in June 2016.

What does industrial space near Gmti Building rent for?

JTC's rental returns for Commonwealth Lane put the median at about S$3.06 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Commonwealth Lane, not a rent quoted for Gmti Building itself.

What is the nearest MRT station to Gmti Building?

Commonwealth MRT is the closest, 298 m away (about a 5-minute walk).

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