IndustrialBUSINESS 1LeaseholdDistrict 23 · Bukit Batok

Heng Loong Building

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2024
Quick Summary

Heng Loong Building is a industrial building in District 23 · Bukit Batok, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 31 years remaining. 48 transactions are on record since 1995, most recently in May 2024. 15 units are currently listed for sale or rent. ACRA records 240 live company registrations at this address.

1

What are the key facts about Heng Loong Building?

Key takeawayHeng Loong Building is a industrial building in District 23 · Bukit Batok, zoned BUSINESS 1, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 23 · Bukit Batok
Address
61 Bukit Batok Crescent
Land area
2,727 sqm
Transactions on record
48 (records start 1995)
Live listings
15
ACRA registrations
240
2

About Heng Loong Building

Heng Loong Building is an industrial building in Bukit Batok (District 23). It is located along Bukit Batok Crescent, Singapore 658078.

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 31 years left to run. It sits on about 2,727 sqm of land with roughly 6,817 sqm of gross floor area.

48 transactions have been recorded here, at a median of S$246 psf. The most recent was in May 2024.

Across JTC's rental returns for Bukit Batok Crescent, the median rent for industrial space on this street works out to about S$1.91 psf per month over 95 observations. Observed medians on the street span S$0.99 to S$2.67 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 4.6 km away. The closest business-park zone is about 1.3 km away. The closest bus stop (Toh Guan Ctr) is 178 m away (about a 3-minute walk).

240 businesses are currently registered at this address with ACRA.

3

What is Heng Loong Building zoned as?

Key takeawayHeng Loong 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 Heng Loong Building sold for?

Key takeawayAcross 48 recorded transactions since 1995, the median price is about S$310k, most recently in May 2024.
DateUsePriceAreaPSF
May 2024Multiple-user FactoryS$788k1,206 sqft$654
Feb 2021Multiple-user FactoryS$344k1,206 sqft$285
Nov 2020Multiple-user FactoryS$415k1,206 sqft$344
Dec 2019Multiple-user FactoryS$355k1,227 sqft$289
Oct 2018Multiple-user FactoryS$340k1,206 sqft$282
Jun 2016Multiple-user FactoryS$500k1,927 sqft$260
Mar 2016Multiple-user FactoryS$675k2,121 sqft$318
Nov 2014Multiple-user FactoryS$480k1,206 sqft$398
Nov 2013Multiple-user FactoryS$470k1,227 sqft$383
Aug 2012Multiple-user FactoryS$480k1,206 sqft$398

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 Bukit Batok Crescent price?

Key takeawayBukit Batok Crescent's current JTC street rent is S$27.77 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 7.6% (6.8% net of property tax).
Strata sales on the street (5y)
390
Street median PSF (strata)
$403
Indicative street yield
7.6% gross
6.8% 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 available at Heng Loong Building right now?

Key takeaway15 units are currently listed at Heng Loong Building1 for sale and 14 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • Heng Loong Building2 agentsS$950k · 1,206 sqft

For rent (14)

  • Heng Loong Building3 agentsS$600/mo · 155 sqft
  • Heng Loong BuildingS$2k/mo · 410 sqft
  • Heng Loong BuildingS$1k/mo · 250 sqft
  • Heng Loong Building3 agentsS$4k/mo · 1,927 sqft

Browse every listing at this building →

7

What is near Heng Loong Building?

Amenities nearby

Toh Guan Ctr · 179 mEducational Institution · 690 mHisemainn Medical Clinic (Bukit Batok) · 746 mJurong Community Hospital · 1.2 kmBusiness Park · 1.3 km

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Heng Loong Building?

Key takeawayACRA records 240 live company registrations at this address, 72 of them in the last three years.
Live registrations
240
Registered last 3 years
72

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.

9

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$20.56 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$20.56 psm/mo
Observed range
S$10.69 – S$28.73

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.

10

Frequently asked questions about Heng Loong Building

Where is Heng Loong Building?

Heng Loong Building is at 61 Bukit Batok Crescent, Singapore 658078, in the Bukit Batok planning area.

What is Heng Loong Building zoned as?

Heng Loong 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 Heng Loong 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 Heng Loong Building?

Heng Loong Building is leasehold. About 31 years remain on the lease.

What have units at Heng Loong Building sold for?

Across 48 recorded transactions, the median is S$246 psf. The latest was in May 2024.

What does industrial space near Heng Loong Building rent for?

JTC's rental returns for Bukit Batok Crescent put the median at about S$1.91 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Bukit Batok Crescent, not a rent quoted for Heng Loong Building itself.

How many businesses are registered at Heng Loong Building?

240 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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