IndustrialBUSINESS 1999-year leaseholdDistrict 20 · Bishan

King Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2006
Quick Summary

King Building is a industrial building in District 20 · Bishan, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is 999-year leasehold. 1 transaction is on record since 1995, most recently in Dec 2006. ACRA records 0 live company registrations at this address.

1

What are the key facts about King Building?

Key takeawayKing Building is a industrial building in District 20 · Bishan, zoned BUSINESS 1, held 999-year leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
999-year leasehold
District / Area
District 20 · Bishan
Address
55 Jalan Pemimpin
Land area
3,818 sqm
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About King Building

King Building is an industrial building in Bishan (District 20). It is located along Jalan Pemimpin, Singapore 577211.

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 999-year leasehold, with about 858 years left to run. It sits on about 3,818 sqm of land with roughly 7,470 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$257 psf. The most recent was in December 2006.

Across JTC's rental returns for Jalan Pemimpin, the median rent for industrial space on this street works out to about S$1.80 psf per month over 106 observations. Observed medians on the street span S$0.88 to S$2.67 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

1 industrial project is still uncompleted on this street, adding about 9,880 sqm of gross floor area, the earliest due around 2027.

The nearest port or airport land is about 7.5 km away. The closest business-park zone is about 415 m away. The nearest MRT is Tai Seng MRT, 529 m away (about a 8-minute walk). The closest bus stop (Asiawide Ind Bldg) is 360 m away (about a 6-minute walk).

3

What is King Building zoned as?

Key takeawayKing Building 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 →

4

What has King Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2006 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2006Single-user FactoryS$8.60M33,519 sqft$257

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.

5

How does Jalan Pemimpin price?

Key takeawayJalan Pemimpin's current JTC street rent is S$27.27 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 2.7% (2.5% net of property tax).
Strata sales on the street (5y)
49
Street median PSF (strata)
$1,077
Indicative street yield
2.7% gross
2.5% 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.

6

What is near King Building?

Key takeawayThe nearest MRT/LRT is Tai Seng MRT, about 529 m away.

Getting around

Amenities nearby

Educational Institution · 303 mTai Seng Clinic · 337 mAsiawide Ind Bldg · 360 mBusiness Park · 415 mTai Seng MRT Exit A · 422 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at King Building?

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.

8

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$19.34 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$19.34 psm/mo
Observed range
S$9.46 – S$28.70
Pipeline on this street
1 project · earliest TOP 2027

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.

9

Frequently asked questions about King Building

Where is King Building?

King Building is at 55 Jalan Pemimpin, Singapore 577211, in the Bishan planning area.

What is King Building zoned as?

King 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 King 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 King Building?

King Building is 999-year leasehold. About 858 years remain on the lease.

What have units at King Building sold for?

Across 1 recorded transaction, the median is S$257 psf. The latest was in December 2006.

What does industrial space near King Building rent for?

JTC's rental returns for Jalan Pemimpin put the median at about S$1.80 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Jalan Pemimpin, not a rent quoted for King Building itself.

What is the nearest MRT station to King Building?

Tai Seng MRT is the closest, 529 m away (about a 8-minute walk).

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