King George's Avenue

Asset class

Industrial

Land-use zone

Not on record

Gross plot ratio

—

Tenure

Freehold

District / Area

District 8 · Kallang

Address

King George's Avenue

Land area

—

Transactions on record

1 (records start 1995)

Live listings

None

ACRA registrations

0

King George'S Avenue is an industrial property in Kallang (District 08). It is located along King George'S Avenue.

The site is freehold.

1 transaction has been recorded here, at a median of S$496 psf. The most recent was in December 1996.

Across JTC's rental returns for King George'S Avenue, the median rent for industrial space on this street works out to about S$1.90 psf per month over 38 observations. Observed medians on the street span S$0.56 to S$3.51 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

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.

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.

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.

Street rent, median

S$20.43 psm/mo

Observed range

S$6.00 – S$37.78

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.