Hyflux Innovation Centre
Hyflux Innovation Centre is a industrial building in District 12 · Kallang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 14 years remaining. 1 transaction is on record since 1995, most recently in Jun 2014. 14 units are currently listed for sale or rent. ACRA records 75 live company registrations at this address.
What are the key facts about Hyflux Innovation Centre?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 12 · Kallang
- Address
- 80 Bendemeer Road
- Land area
- 17,373 sqm
- Completed
- 2012 (per EdgeProp)
- Storeys
- 10 (© OpenStreetMap contributors)
- Developer
- CapitaLand (per CommercialGuru)
- Owner
- CapitaLand Ascendas REIT (SGX filings)
- Net lettable area
- 382,850 sq ft (the owner's annual report (as filed on SGX))
- Estate (JTC)
- Kallang Basin Industrial Estate
- Listed as
- Business / Science Park
- Transactions on record
- 1 (records start 1995)
- Live listings
- 14
- ACRA registrations
- 75
Who owns Hyflux Innovation Centre, and what is it valued at?
- Occupancy
- 91.9% (as of 31 Dec 2025)
- Announced 25 Jun 2014 · completed 30 Jun 2014HSBC Institutional Trust Services (Singapore) Limited (as trustee of A-REIT) bought Hyflux Innovation Centre for S$191.2 million (total purchase consideration) from Hyflux Innovation Centre Pte Ltd.At the time: occupancy 83.9%
Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.
What are the specs at Hyflux Innovation Centre?
- Facilities
- car park
- Source: CommercialGuru
About Hyflux Innovation Centre
Hyflux Innovation Centre is an industrial building in Kallang (District 12). It is located along Bendemeer Road, Singapore 339949.
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 14 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 17,373 sqm of land with roughly 43,435 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$909 psf. The most recent was in June 2014.
Across JTC's rental returns for Bendemeer Road, the median rent for industrial space on this street works out to about S$2.87 psf per month over 78 observations. Observed medians on the street span S$1.20 to S$4.00 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 5.0 km away. The closest business-park zone is about 3.6 km away. The nearest MRT is Boon Keng MRT, 319 m away (about a 5-minute walk). The closest bus stop (Blk 7) is 132 m away (about a 2-minute walk).
81 businesses are currently registered at this address with ACRA.
What is Hyflux Innovation Centre zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has Hyflux Innovation Centre sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jun 2014 | Single-user Factory | S$170.00M | 187,014 sqft | $909 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Hyflux Innovation Centre rent for?
Strata factory space on Bendemeer Road
Street level · 2026Q3S$ per sq ft per month (median only published) · median +14% 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 Hyflux Innovation Centre
- 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 Hyflux Innovation Centre
Rent: between 6 Aug 2026 and 28 Aug 2026, 0 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.
Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 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 Hyflux Innovation Centre?
- 25 Feb 2026ApprovedFloor 1Change of use: ancillary gym → gym / fitness centre
Proposed change of use of unit #01-XX from ancillary gym to gym / fitness centre
- 14 Oct 2025ApprovedFloor 1Change of use to child care centre
Proposed change of use of units #01-XX and #01-XX to child care centre
- 18 Jul 2025RenewedFloor 1Continued use as industrial canteen
Continued use of unit #01-XX as industrial canteen
- 14 Mar 2024ApprovedAdditions & alterations
Proposed addition and alteration to the existing block of 10-storey single-user light industrial development with a basement carpark involving addition of a new service lift
- 20 Jun 2020RenewedFloor 1Continued use as industrial canteen
Continued use of unit #01-XX as industrial canteen - hyflux innovation centre
- 2 Jun 2017ApprovedFloor 1Change of use to industrial canteen
Proposed change of use of unit #01-XX to industrial canteen - hyflux innovation centre
- 25 Jul 2014Agency worksAdditions & alterations
Proposed a/a involving erection of carpark shelter to existing10-storey single- user industrial development with ancillary facilities, temporary ancillary staff canteen and basement carpark on ts17 lot 2774c at 80 bendemeer road (kallang planning area)
- 9 Jun 2014ApprovedAdditions & alterations
Proposed a/a involving change in quantum to approved erection of a 10-storey single- user industrial development with ancillary facilities, temporary ancillary staff canteen and basement carpark on ts17 lot 02524p pt (new lot: 2774c) at 80 bendemeer road
- 27 Feb 2014RenewedFloor 1Change of use
Continued use of the temporary ancillary staff canteen at unit #01-XX and #01-XX at 80 bendemeer road
- 10 May 2013ApprovedAdditions & alterations
Proposed a/a involving change in quantum to approved erection of a 10-storey single- user industrial development with ancillary facilities, temporary ancillary staff canteen and basement carpark on ts17 lot 02524p pt (new lot: 2774c) at 80 bendemeer road (kallang 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 Bendemeer Road price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What is available at Hyflux Innovation Centre right now?
For sale (1)
- Cheap B1 Building for sale | Rebuild to 5-6 storey | GSTS$4.30M · 4,390 sqft
For rent (13)
- 80 Bendemeer RoadS$105k/mo · 22,724 sqft
- 80 Bendemeer RoadS$30k/mo · 6,620 sqft
- 80 Bendemeer RoadS$88k/mo · 18,001 sqft
- 80 Bendemeer RoadS$36k/mo · 7,286 sqft
What is near Hyflux Innovation Centre?
Getting around
- Boon Keng MRT319 m · ~5 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Hyflux Innovation Centre
nearest MRT/LRT Boon Keng (NE9) 289 m, about 51,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 9, about 35,000 taps a weekday; Kallang: 63,333 resident workers (Census 2020, by workplace); about 49,000 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
- Boon Keng (NE9)289 m · about 51,000 weekday taps
- Bendemeer (DT23)341 m · about 11,000 weekday taps
- Farrer Park (NE8)960 m · about 57,000 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 Hyflux Innovation Centre. Transfers between lines don't tap, so interchanges read low.
Bus
9 bus stops within 400 m, with about 35,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Blk 23 Bendemeer Road (HDB)86 mS$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 50 car lots
- Blk 6A Boon Keng Road (HDB)197 mS$0.60 per half-hour at midday on a weekday · gantry 2 m · 276 car lots
- Jln Lembah Kallang (URA)202 mS$0.60 per half-hour at midday on a weekday · 8 car lots
- Blk 30 Bendemeer Road (HDB)227 mno short-term parking · gantry 4.5 m · 164 car lots
- Blk 8C Boon Keng Road (HDB)235 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 369 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. Hyflux Innovation Centre's own car park, if it has one, and its charges are not in the open data.
Who's registered at Hyflux Innovation Centre?
- Financial and insurance17
- Professional, scientific and technical services13
- Health and social services11
- Wholesale and retail trade8
- Information and communications7
- Administrative and support services6
- Manufacturing5
- Construction4
- Education2
- Transportation and storage1
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$30.87 psm/mo
- Observed range
- S$12.87 – S$43.05
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 Hyflux Innovation Centre
Where is Hyflux Innovation Centre?⌄
Hyflux Innovation Centre is at 80 Bendemeer Road, Singapore 339949, in the Kallang planning area.
What is Hyflux Innovation Centre zoned as?⌄
Hyflux Innovation Centre 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 Hyflux Innovation Centre?⌄
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 Hyflux Innovation Centre?⌄
Hyflux Innovation Centre is leasehold. About 14 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at Hyflux Innovation Centre sold for?⌄
Across 1 recorded transaction, the median is S$909 psf. The latest was in June 2014.
What does industrial space near Hyflux Innovation Centre rent for?⌄
JTC's rental returns for Bendemeer Road put the median at about S$2.87 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Bendemeer Road, not a rent quoted for Hyflux Innovation Centre itself.
What is the nearest MRT station to Hyflux Innovation Centre?⌄
Boon Keng MRT is the closest, 319 m away (about a 5-minute walk).
How many businesses are registered at Hyflux Innovation Centre?⌄
81 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 Hyflux Innovation Centre.
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.
