IndustrialBUSINESS 1LeaseholdDistrict 3 · Queenstown

Gmti Building

Reviewed by Nathan TangUpdated 8 November 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.

The facts are here — now get the verdict on Gmti Building.

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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
Completed: Not on record
Storeys: 7 (© OpenStreetMap contributors)
Estate (JTC): Tanglin Halt Industrial Estate
Transactions on record: 1 (records start 1995)
Live listings: None
ACRA registrations: 0

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).

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 →

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.

Date	Use	Price	Area	PSF
Jun 2016	Single-user Factory	S$42.35M	52,645 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. sqm ↔ sq ft converter

What does space at Gmti Building rent for?

Key takeawayNo rent is published for Gmti Building itself. On its street, Commonwealth Lane, strata factory space rented at a median of $2.97 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 Commonwealth Lane

Street level · 2026Q3

25th pct

—

— psm

Median

$2.97

$32.02 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median -13.4% on a year earlier

2023Q4 · $32.58 psm2026Q3 · $32.02 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 Gmti Building

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 Gmti Building?

Key takeawayURA's planning decisions at Gmti Building since 2000 are below. 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.

7 Aug 2019Agency works
Additions & alterations
Proposed addition of new canopy to existing certis commonwealth building on lot 02811t mk03 at 6 commonwealth lane, singapore 149547
24 Sept 2017Approved
Additions & alterations
Proposed amendment to approved additions and alterations to the existing block of 7-storey factory with a basement car park on lot 02811t mk 3 at 6 commonwealth lane
19 Jun 2017Approved
Additions & alterations
Amendment to approved additions and alterations to the existing block of 7-storey factory with a basement car park on lot 02811t mk 3 at 6 commonwealth lane
16 Feb 2017Approved
Additions & alterations
Proposed regularisation of gfa and amendment to approved additions and alterations to the existing block of 7-storey factory with a basement car park on lot 02811t mk 3 at 6 commonwealth lane
30 Nov 2016Approved
Additions & alterations
Proposed additions and alterations to the existing block of 7-storey factory with a basement car park on lot 02811t mk 3 at 6 commonwealth lane
19 Dec 2002Approved
Additions & alterations
Proposed linkway from driveway to covered walkway at 1st storey of the existing block of 7-storey factory with basement car park

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 Commonwealth Lane price?

Key takeawayCommonwealth Lane's current JTC street rent is S$32.02 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)

Street median PSF (strata)

$320

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.

What is near Gmti Building?

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

Getting around

Commonwealth MRT298 m · ~5 min

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.

Getting there and parking at Gmti Building

Key takeawayThe nearest station is Commonwealth (EW20), 265 m away — a moderately busy station, with about 29,000 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 97% of industrial buildings

nearest MRT/LRT Commonwealth (EW20) 265 m, about 29,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 6, about 28,000 taps a weekday; Queenstown: 131,782 resident workers (Census 2020, by workplace); about 36,000 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

Commonwealth (EW20)265 m · about 29,000 weekday taps
Holland Village (CC21)659 m · about 22,000 weekday taps
Buona Vista (EW21 / CC22)705 m · about 64,000 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 Gmti Building. Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with about 28,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 115A Commonwealth Drive (HDB)192 m
S$0.60 per half-hour at midday on a weekday · 103 car lots
Blk 2/4/6/31/32 Holland Close (HDB)210 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 256 car lots
Blk 89 Commonwealth Drive (HDB)222 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m
Blk 7B Commonwealth Avenue (HDB)272 m
S$0.60 per half-hour at midday on a weekday · gantry 2 m · 342 car lots
Tanglin Halt Close (URA)275 m
S$0.60 per half-hour at midday on a weekday · season S$90/month · 36 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. Gmti Building's own car park, if it has one, and its charges are not in the open data.

Who's registered at Gmti Building?

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

Manufacturing
0
Wholesale and retail trade
0
Financial and insurance
0
Real estate
0
Professional, scientific and technical services
0
Information and communications
0
Administrative and support services
0
Health and social services
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.

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.

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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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

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.

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

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

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 JTC estate boundaries, HDB car park information (data.gov.sg), URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — 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.