I Development Building
I Development Building 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 38 years remaining. 2 transactions are on record since 1995, most recently in Aug 2025. ACRA records 3 live company registrations at this address.
What are the key facts about I Development Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 12 · Kallang
- Address
- 62 Bendemeer Road
- Land area
- 470 sqm
- Transactions on record
- 2 (records start 1995)
- Live listings
- None
- ACRA registrations
- 3
About I Development Building
I Development Building is an industrial building in Kallang (District 12). It is located along Bendemeer Road, Singapore 339939.
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 38 years left to run. It sits on about 470 sqm of land with roughly 1,176 sqm of gross floor area.
2 transactions have been recorded here, at a median of S$1,399 psf. The most recent was in August 2025.
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 4.9 km away. The closest business-park zone is about 3.8 km away. The nearest MRT is Bendemeer MRT, 270 m away (about a 4-minute walk). The closest bus stop (Bef Lavender St) is 122 m away (about a 2-minute walk).
3 businesses are currently registered at this address with ACRA.
What is I Development Building zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has I Development Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Aug 2025 | Warehouse | S$11.30M | 5,064 sqft | $2,231 |
| Mar 2011 | Single-user Factory | S$3.30M | 5,819 sqft | $567 |
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.
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 near I Development Building?
Getting around
- Bendemeer MRT270 m · ~4 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at I Development Building?
- Live registrations
- 3
- Registered last 3 years
- 0
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.
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 I Development Building
Where is I Development Building?⌄
I Development Building is at 62 Bendemeer Road, Singapore 339939, in the Kallang planning area.
What is I Development Building zoned as?⌄
I Development 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 I Development 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 I Development Building?⌄
I Development Building is leasehold. About 38 years remain on the lease.
What have units at I Development Building sold for?⌄
Across 2 recorded transactions, the median is S$1,399 psf. The latest was in August 2025.
What does industrial space near I Development Building 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 I Development Building itself.
What is the nearest MRT station to I Development Building?⌄
Bendemeer MRT is the closest, 270 m away (about a 4-minute walk).
How many businesses are registered at I Development Building?⌄
3 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 I Development Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.