Henderson Industrial Park
Henderson Industrial Park 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. It is freehold. 133 transactions are on record since 1995, at a median S$531 psf, most recently in Oct 2026. 35 units are currently listed for sale or rent. ACRA records 271 live company registrations at this address.
What are the key facts about Henderson Industrial Park?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Freehold
- District / Area
- District 3 · Bukit Merah
- Address
- 203 Henderson Road
- Land area
- 13,980 sqm
- Completed
- Not on record
- Storeys
- 12 (© OpenStreetMap contributors)
- Units with a recorded sale
- At least 81
- Listed as
- Light Industrial (B1), Warehouse
- Transactions on record
- 133 (records start 1995)
- Live listings
- 35
- ACRA registrations
- 271
What are the specs at Henderson Industrial Park?
- Facilities
- car park
- Source: CommercialGuru
About Henderson Industrial Park
Henderson Industrial Park is an industrial estate in Bukit Merah (District 03). It is located along Henderson Road, Singapore 159546.
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 13,980 sqm of land with roughly 34,951 sqm of gross floor area.
131 transactions have been recorded here, at a median of S$528 psf. The most recent was in July 2026.
Across JTC's rental returns for Henderson Road, the median rent for industrial space on this street works out to about S$1.80 psf per month over 106 observations. Observed medians on the street span S$0.86 to S$2.43 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 2.1 km away. The closest business-park zone is about 983 m away. The nearest MRT is Tiong Bahru MRT, 845 m away (about a 13-minute walk). The closest bus stop (Blk 119) is 138 m away (about a 2-minute walk).
317 businesses are currently registered at this address with ACRA.
What is Henderson Industrial Park zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has Henderson Industrial Park sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Oct 2026 | Multiple-user Factory | S$3.92M | 4,241 sqft | $924 |
| Aug 2026 | Multiple-user Factory | S$2.97M | 3,122 sqft | $951 |
| Jul 2026 | Multiple-user Factory | S$1.57M | 1,711 sqft | $917 |
| Oct 2025 | Multiple-user Factory | S$3.99M | 4,241 sqft | $940 |
| Jan 2025 | Multiple-user Factory | S$1.79M | 1,959 sqft | $913 |
| Nov 2023 | Multiple-user Factory | S$3.80M | 4,370 sqft | $870 |
| Aug 2023 | Multiple-user Factory | S$3.60M | 4,241 sqft | $849 |
| Jul 2023 | Multiple-user Factory | S$1.80M | 2,067 sqft | $871 |
| Feb 2023 | Multiple-user Factory | S$3.81M | 4,370 sqft | $873 |
| Oct 2022 | Multiple-user Factory | S$2.15M | 3,122 sqft | $690 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Henderson Industrial Park rent for?
Strata factory space in this building
This building · 2026Q3S$ per sq ft per month · median +4% on a year earlier
JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.
Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.
Strata factory space on Henderson Road
Street level · 2026Q3S$ per sq ft per month (median only published) · median +4.3% on a year earlier
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 Henderson Industrial Park
- 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
- 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
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.
How fast units move at Henderson Industrial Park
Rent: between 6 Aug 2026 and 28 Aug 2026, 3 new listings appeared and 3 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.
Sale: between 6 Aug 2026 and 28 Aug 2026, 3 new listings appeared and 2 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.
One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.
What's been approved at Henderson Industrial Park?
- 8 Dec 2023ApprovedFloor 12Change of use to food factory
Proposed change of use of part of #12-XX to food factory
- 3 Nov 2021ApprovedFloor 3Change of use to indoor agriculture farming with ancillary bottling & storage of liquor
Proposed change of use of unit #03-XX to indoor agriculture farming with ancillary bottling & storage of liquor
- 3 May 2021ApprovedFloor 3Change of use to indoor agriculture farming
Change of use of unit #03-XX to indoor agriculture farming at 203 henderson road (bukit merah planning area)
- 6 Jan 2015ApprovedFloor 4Change of use to warehouse
Proposed change of use of existing canteen (unit #04-XX) to warehouse - no. 203
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 Henderson Road price?
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 available at Henderson Industrial Park right now?
For sale (15)
- Henderson Industrial ParkS$4.20M · 4,252 sqft
- Henderson Industrial ParkS$2.95M · 3,121 sqft
- Henderson Industrial ParkS$3.00M · 3,122 sqft
- Henderson Industrial ParkS$3.15M · 3,155 sqft
For rent (20)
- Henderson Industrial ParkS$4k/mo · 2,125 sqft
- Henderson Industrial ParkS$2k/mo · 753 sqft
- Henderson Industrial ParkS$3k/mo · 800 sqft
- Henderson Industrial ParkS$4k/mo · 1,800 sqft
What is near Henderson Industrial Park?
Getting around
- Tiong Bahru MRT845 m · ~13 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Henderson Industrial Park
nearest MRT/LRT Tiong Bahru (EW17) 782 m, about 52,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 8, about 19,000 taps a weekday; Bukit Merah: 103,575 resident workers (Census 2020, by workplace); about 64,000 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
- Tiong Bahru (EW17)782 m · about 52,000 weekday taps
- Redhill (EW18)965 m · about 39,000 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 Henderson Industrial Park. Transfers between lines don't tap, so interchanges read low.
Bus
8 bus stops within 400 m, with about 19,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Blk 118/119 Bukit Merah View (HDB)215 mS$0.60 per half-hour at midday on a weekday · 89 car lots
- Blk 121/122 & 127 Bukit Merah View (HDB)258 mS$0.60 per half-hour at midday on a weekday · 124 car lots
- Blks 167-169 Jalan Bukit Merah (HDB)304 mS$0.60 per half-hour at midday on a weekday · gantry 1.9 m
- Blk 129A Bukit Merah View (HDB)308 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 504 car lots
- Blk 116 Bukit Merah View (HDB)323 mS$0.60 per half-hour at midday on a weekday · 26 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: Seah Im Rd Off St, 1.6 km away, S$125/month.
Public car parks only, by straight-line distance, with the operator's published rates. Henderson Industrial Park's own car park, if it has one, and its charges are not in the open data.
Who's registered at Henderson Industrial Park?
- Wholesale and retail trade90
- Professional, scientific and technical services39
- Manufacturing32
- Construction22
- Financial and insurance21
- Information and communications21
- Administrative and support services16
- Accommodation and food services13
- Real estate10
- Transportation and storage2
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?
- Street rent, median
- S$19.37 psm/mo
- Observed range
- S$9.23 – S$26.14
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 Henderson Industrial Park
Where is Henderson Industrial Park?⌄
Henderson Industrial Park is at 203 Henderson Road, Singapore 159546, in the Bukit Merah planning area.
What is Henderson Industrial Park zoned as?⌄
Henderson Industrial Park 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 Henderson Industrial Park?⌄
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 Henderson Industrial Park?⌄
Henderson Industrial Park is freehold.
What have units at Henderson Industrial Park sold for?⌄
Across 131 recorded transactions, the median is S$528 psf. The latest was in July 2026.
What does industrial space near Henderson Industrial Park rent for?⌄
JTC's rental returns for Henderson Road put the median at about S$1.80 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Henderson Road, not a rent quoted for Henderson Industrial Park itself.
What is the nearest MRT station to Henderson Industrial Park?⌄
Tiong Bahru MRT is the closest, 845 m away (about a 13-minute walk).
How many businesses are registered at Henderson Industrial Park?⌄
317 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on Henderson Industrial Park.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
