IndustrialBUSINESS 1LeaseholdDistrict 12 · Kallang

Hyflux Innovation Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Jun 2014
Quick Summary

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.

1

What are the key facts about Hyflux Innovation Centre?

Key takeawayHyflux Innovation Centre is a industrial building in District 12 · Kallang, zoned BUSINESS 1, held leasehold.
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
2

Who owns Hyflux Innovation Centre, and what is it valued at?

Key takeawayHyflux Innovation Centre is owned by CapitaLand Ascendas REIT, a REIT listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.
80 Bendemeer Road
Valued at S$229.6 million as at 31 Dec 2025, by C&W.
80 Bendemeer Road: CapitaLand Ascendas REIT's annual report (2025)
Occupancy
91.9% (as of 31 Dec 2025)
Whole-building deals
  1. Announced 25 Jun 2014 · completed 30 Jun 2014
    HSBC 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.

3

What are the specs at Hyflux Innovation Centre?

Key takeawayThe building's specs as its sources state them — the listing agent or the management can confirm a unit's own.
Facilities
car park
Source: CommercialGuru
4

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.

5

What is Hyflux Innovation Centre zoned as?

Key takeawayHyflux Innovation Centre 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 →

6

What has Hyflux Innovation Centre sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jun 2014 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2014Single-user FactoryS$170.00M187,014 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

7

What does space at Hyflux Innovation Centre rent for?

Key takeawayNo rent is published for Hyflux Innovation Centre itself. On its street, Bendemeer Road, strata factory space rented at a median of $4.27 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 Bendemeer Road

Street level · 2026Q3
25th pct
—
— psm
Median
$4.27
$46.01 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +14% on a year earlier

2023Q4 · $35.17 psm2026Q3 · $46.01 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.

8

Market context around Hyflux Innovation Centre

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.

9

How fast units move at Hyflux Innovation Centre

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 13 units for rent; 1 unit for sale.

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.

10

What's been approved at Hyflux Innovation Centre?

Key takeawayURA has approved 3 changes of use at Hyflux Innovation Centre since 2000, most recently in 2026. 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.
  1. 25 Feb 2026ApprovedFloor 1
    Change of use: ancillary gym → gym / fitness centre

    Proposed change of use of unit #01-XX from ancillary gym to gym / fitness centre

  2. 14 Oct 2025ApprovedFloor 1
    Change of use to child care centre

    Proposed change of use of units #01-XX and #01-XX to child care centre

  3. 18 Jul 2025RenewedFloor 1
    Continued use as industrial canteen

    Continued use of unit #01-XX as industrial canteen

  4. 14 Mar 2024Approved
    Additions & 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

  5. 20 Jun 2020RenewedFloor 1
    Continued use as industrial canteen

    Continued use of unit #01-XX as industrial canteen - hyflux innovation centre

  6. 2 Jun 2017ApprovedFloor 1
    Change of use to industrial canteen

    Proposed change of use of unit #01-XX to industrial canteen - hyflux innovation centre

  7. 25 Jul 2014Agency works
    Additions & 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)

  8. 9 Jun 2014Approved
    Additions & 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

  9. 27 Feb 2014RenewedFloor 1
    Change of use

    Continued use of the temporary ancillary staff canteen at unit #01-XX and #01-XX at 80 bendemeer road

  10. 10 May 2013Approved
    Additions & 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).

11

How does Bendemeer Road price?

Strata sales on the street (5y)
8

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.

12

What is available at Hyflux Innovation Centre right now?

Key takeaway14 units are currently listed at Hyflux Innovation Centre — 1 for sale and 13 for rent. One row per unit; several agents often market the same unit.

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

Browse every listing at this building →

13

What is near Hyflux Innovation Centre?

Key takeawayThe nearest MRT/LRT is Boon Keng MRT, about 319 m away.

Getting around

Amenities nearby

Blk 7 · 132 mBlk 29 Bendemeer Road · 256 mBoon Keng MRT Exit C · 289 mI-Health Medical Clinic · 300 mEducational Institution · 568 mFarrer Park Hospital · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

14

Getting there and parking at Hyflux Innovation Centre

Key takeawayThe nearest station is Boon Keng (NE9), 289 m away — a busy station, with about 51,000 taps in and out on an average weekday. 16 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 99% of industrial buildings

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 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 50 car lots
  • Blk 6A Boon Keng Road (HDB)197 m
    S$0.60 per half-hour at midday on a weekday · gantry 2 m · 276 car lots
  • Jln Lembah Kallang (URA)202 m
    S$0.60 per half-hour at midday on a weekday · 8 car lots
  • Blk 30 Bendemeer Road (HDB)227 m
    no short-term parking · gantry 4.5 m · 164 car lots
  • Blk 8C Boon Keng Road (HDB)235 m
    S$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.

15

Who's registered at Hyflux Innovation Centre?

Key takeaway75 live companies (and LLPs and branches; sole proprietors are not counted) list Hyflux Innovation Centre as their registered address. These are registered businesses, not who occupies the space.
  • Financial and insurance
    17
  • Professional, scientific and technical services
    13
  • Health and social services
    11
  • Wholesale and retail trade
    8
  • Information and communications
    7
  • Administrative and support services
    6
  • Manufacturing
    5
  • Construction
    4
  • Education
    2
  • Transportation and storage
    1

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.

16

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$30.87 psm/month — an all-time median from 2000 onwards, not a current rent.
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.

17

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.

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