In Space
In Space is a industrial building in District 19 · Hougang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 83 transactions are on record since 1995, most recently in Mar 2026. 27 units are currently listed for sale or rent. ACRA records 193 live company registrations at this address.
What are the key facts about In Space?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Freehold
- District / Area
- District 19 · Hougang
- Address
- 24 New Industrial Road
- Land area
- 5,694 sqm
- Transactions on record
- 83 (records start 1995)
- Live listings
- 27
- ACRA registrations
- 193
About In Space
In Space is an industrial building in Hougang (District 19). It is located along New Industrial Road, Singapore 536210.
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 5,694 sqm of land with roughly 14,480 sqm of gross floor area.
83 transactions have been recorded here, at a median of S$721 psf. The most recent was in March 2026.
Across JTC's rental returns for New Industrial Road, the median rent for industrial space on this street works out to about S$2.03 psf per month over 104 observations. Observed medians on the street span S$0.88 to S$2.86 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.
2 industrial projects are still uncompleted on this street, adding about 15,440 sqm of gross floor area, the earliest due around 2028.
The nearest port or airport land is about 7.2 km away. The closest business-park zone is about 333 m away. The nearest MRT is Bartley MRT, 746 m away (about a 12-minute walk). The closest bus stop (Blk 181) is 246 m away (about a 4-minute walk).
193 businesses are currently registered at this address with ACRA.
What is In Space zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has In Space sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Mar 2026 | Multiple-user Factory | S$1.75M | 2,454 sqft | $713 |
| Nov 2025 | Multiple-user Factory | S$1.72M | 2,174 sqft | $790 |
| Nov 2025 | Multiple-user Factory | S$2.06M | 2,379 sqft | $868 |
| Oct 2025 | Multiple-user Factory | S$2.05M | 2,347 sqft | $874 |
| Feb 2025 | Multiple-user Factory | S$1.93M | 2,454 sqft | $784 |
| Dec 2024 | Multiple-user Factory | S$1.80M | 2,174 sqft | $828 |
| Jun 2024 | Multiple-user Factory | S$2.13M | 2,390 sqft | $891 |
| Dec 2023 | Multiple-user Factory | S$2.20M | 2,454 sqft | $896 |
| May 2023 | Multiple-user Factory | S$1.88M | 2,379 sqft | $791 |
| Mar 2023 | Multiple-user Factory | S$2.32M | 2,379 sqft | $975 |
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 New Industrial 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 In Space right now?
For sale (17)
- Inspace4 agentsS$2.20M · 2,411 sqft
- InspaceS$1.89M · 2,174 sqft
- Inspace2 agentsS$2.20M · 2,454 sqft
- Inspace4 agentsS$1.95M · 2,347 sqft
For rent (10)
- Inspace3 agentsS$6k/mo · 2,347 sqft
- Inspace2 agentsS$5k/mo · 2,454 sqft
- InspaceS$6k/mo · 3,057 sqft
- Inspace2 agentsS$4k/mo · 2,347 sqft
What is near In Space?
Getting around
- Bartley MRT746 m · ~12 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at In Space?
- Live registrations
- 193
- Registered last 3 years
- 71
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$21.86 psm/mo
- Observed range
- S$9.46 – S$30.78
- Pipeline on this street
- 2 projects · earliest TOP 2028
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 In Space
Where is In Space?⌄
In Space is at 24 New Industrial Road, Singapore 536210, in the Hougang planning area.
What is In Space zoned as?⌄
In Space 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 In Space?⌄
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 In Space?⌄
In Space is freehold.
What have units at In Space sold for?⌄
Across 83 recorded transactions, the median is S$721 psf. The latest was in March 2026.
What does industrial space near In Space rent for?⌄
JTC's rental returns for New Industrial Road put the median at about S$2.03 psf per month. That is a street-level figure from undated snapshots covering all industrial space on New Industrial Road, not a rent quoted for In Space itself.
What is the nearest MRT station to In Space?⌄
Bartley MRT is the closest, 746 m away (about a 12-minute walk).
How many businesses are registered at In Space?⌄
193 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 In Space.
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.