IndustrialBUSINESS 2LeaseholdDistrict 14 · Bedok

K.b. Warehouse Complex

Reviewed by Nathan TangUpdated 8 November 2026Data through Mar 2010

Quick Summary

K.b. Warehouse Complex is a industrial building in District 14 · Bedok, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.0. It is leasehold with roughly 16 years remaining. 1 transaction is on record since 1995, most recently in Mar 2010. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on K.b. Warehouse Complex.

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What are the key facts about K.b. Warehouse Complex?

Key takeawayK.b. Warehouse Complex is a industrial building in District 14 · Bedok, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 2.0
Tenure: Leasehold
District / Area: District 14 · Bedok
Address: 23 Kaki Bukit Road 2
Land area: —
Completed: Not on record
Storeys: Not on record
Strata units (MCST): 22
Managing agent: WISELY 98 PTE LTD
Strata formed: 1986 (MCST 1073)
Estate (JTC): Kaki Bukit Industrial Estate
Transactions on record: 1 (records start 1995)
Live listings: None
ACRA registrations: 0

About K.b. Warehouse Complex

K.B. Warehouse Complex is an industrial estate in Bedok (District 14). It is located along Kaki Bukit Road 2, Singapore 417849.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 2. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 16 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

1 transaction has been recorded here, at a median of S$121 psf. The most recent was in March 2010.

Across JTC's rental returns for Kaki Bukit Road 2, the median rent for industrial space on this street works out to about S$1.56 psf per month over 105 observations. Observed medians on the street span S$0.54 to S$2.30 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 8.0 km away. The closest business-park zone is about 841 m away. The closest bus stop (Opp Gordon Warehse Bldg) is 178 m away (about a 3-minute walk).

What is K.b. Warehouse Complex zoned as?

Key takeawayK.b. Warehouse Complex sits on land zoned BUSINESS 2 with a gross plot ratio of 2.0.

Land-use zone: BUSINESS 2
Gross plot ratio: 2.0

Run the full zoning report for this building →

What has K.b. Warehouse Complex sold for?

Key takeaway1 transaction is on record since 1995, most recently in Mar 2010 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Mar 2010	Warehouse	S$1.02M	8,428 sqft	$121

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 K.b. Warehouse Complex rent for?

Key takeawayNo rent is published for K.b. Warehouse Complex itself. On its street, Kaki Bukit Road 2, strata factory space rented at a median of $2.12 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 Kaki Bukit Road 2

Street level · 2026Q3

25th pct

—

— psm

Median

$2.12

$22.77 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median -0.1% on a year earlier

2023Q4 · $21.57 psm2026Q3 · $22.77 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.

Market context around K.b. Warehouse Complex

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.

How does Kaki Bukit Road 2 price?

Key takeawayKaki Bukit Road 2's current JTC street rent is S$22.77 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 11.0% (9.9% net of property tax).

Strata sales on the street (5y)

118

Street median PSF (strata)

$227

Indicative street yield

11.0% gross

9.9% 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.

What is near K.b. Warehouse Complex?

Amenities nearby

Opp Gordon Warehse Bldg · 178 mST Medical Services · 450 mBusiness Park · 841 mEducational Institution · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at K.b. Warehouse Complex

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Ubi, 1.0 km away. 3 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 46% of industrial buildings

no MRT/LRT within 1 km (nearest Ubi, 1.0 km); bus stops within 400 m: 7, about 5,368 taps a weekday; Bedok: 59,875 resident workers (Census 2020, by workplace); about 16,000 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.

Bus

7 bus stops within 400 m, with 5,368 boardings and alightings on an average weekday.

Public car parks within 500 m

Kaki Bukit Rd 2 (URA)81 m
S$0.60 per half-hour at midday on a weekday · season S$90/month · 38 car lots
Defu Lane 12 (JTC)367 m
Ubi Avenue 4 (JTC)449 m

Public car parks only, by straight-line distance, with the operator's published rates. K.b. Warehouse Complex's own car park, if it has one, and its charges are not in the open data.

How many companies are registered at K.b. Warehouse Complex?

Key takeawayACRA records 0 live company registrations at this address.

Live registrations: 0
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?

Key takeawayJTC's street-level record shows a median of S$16.77 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$16.77 psm/mo
Observed range: S$5.79 – S$24.76

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 K.b. Warehouse Complex

Where is K.B. Warehouse Complex?⌄

K.B. Warehouse Complex is at 23 Kaki Bukit Road 2, Singapore 417849, in the Bedok planning area.

What is K.B. Warehouse Complex zoned as?⌄

K.B. Warehouse Complex is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 2. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at K.B. Warehouse Complex?⌄

Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of K.B. Warehouse Complex?⌄

K.B. Warehouse Complex is leasehold. About 16 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at K.B. Warehouse Complex sold for?⌄

Across 1 recorded transaction, the median is S$121 psf. The latest was in March 2010.

What does industrial space near K.B. Warehouse Complex rent for?⌄

JTC's rental returns for Kaki Bukit Road 2 put the median at about S$1.56 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Kaki Bukit Road 2, not a rent quoted for K.B. Warehouse Complex itself.

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from BCA's MCST register, JTC estate boundaries, URA car park data (URA Data Service), PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.