IndustrialBUSINESS 1999-year leaseholdDistrict 20 · Bishan

King Building

Reviewed by Nathan TangUpdated 8 November 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
Completed
Not on record
Storeys
Not on record
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. sqm ↔ sq ft converter

5

What does space at King Building rent for?

Key takeawayNo rent is published for King Building itself. On its street, Jalan Pemimpin, strata factory space rented at a median of $2.65 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 Jalan Pemimpin

Street level · 2026Q3
25th pct
—
— psm
Median
$2.65
$28.52 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +6% on a year earlier

2023Q4 · $25.91 psm2026Q3 · $28.52 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.

6

Market context around King Building

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.

7

What's been approved at King Building?

Key takeawayURA's planning decisions at King Building since 2000 are below. 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. 26 Jul 2000Refused
    Change of use to motor vechicle service centre

    Proposed change of use of the 1st storey light industrial factory to motor vechicle service centre

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).

8

How does Jalan Pemimpin price?

Key takeawayJalan Pemimpin's current JTC street rent is S$28.52 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 2.9% (2.6% net of property tax).
Strata sales on the street (5y)
51
Street median PSF (strata)
$1,091
Indicative street yield
2.9% gross
2.6% 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.

9

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.

10

Getting there and parking at King Building

Key takeawayThe nearest station is Tai Seng (CC11), 422 m away — a busy station, with about 45,000 taps in and out on an average weekday. 15 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 88% of industrial buildings

nearest MRT/LRT Tai Seng (CC11) 422 m, about 45,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 2, about 3,291 taps a weekday; Toa Payoh: 53,749 resident workers (Census 2020, by workplace); about 40,000 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

  • Tai Seng (CC11)422 m · about 45,000 weekday taps
  • Bartley (CC12)728 m · about 19,000 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 King Building. Transfers between lines don't tap, so interchanges read low.

Bus

2 bus stops within 400 m, with 3,291 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Shaw Rd (URA)75 m
    S$0.60 per half-hour at midday on a weekday · 15 car lots
  • Joo Seng Rd (URA)131 m
    S$0.60 per half-hour at midday on a weekday · 20 car lots
  • Harrison Rd (URA)181 m
    S$0.60 per half-hour at midday on a weekday · 4 car lots
  • Little Rd (URA)209 m
    S$0.60 per half-hour at midday on a weekday · 6 car lots
  • Burn Rd (URA)250 m
    S$0.60 per half-hour at midday on a weekday · 20 car lots

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

11

Who's registered at King Building?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list King Building as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    0
  • Other services
    0
  • Professional, scientific and technical services
    0

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.

12

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.

13

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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