IndustrialBUSINESS 2LeaseholdDistrict 25 · Sungei Kadut

Koon Seng Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Oct 2020

Quick Summary

Koon Seng Building is a industrial building in District 25 · Sungei Kadut, on land zoned BUSINESS 2 under the URA Master Plan. It is leasehold. 2 transactions are on record since 1995, most recently in Oct 2020. ACRA records 1 live company registration at this address.

The facts are here — now get the verdict on Koon Seng Building.

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What are the key facts about Koon Seng Building?

Key takeawayKoon Seng Building is a industrial building in District 25 · Sungei Kadut, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: Subject to Detailed Planning
Tenure: Leasehold
District / Area: District 25 · Sungei Kadut
Address: 2 Sungei Kadut Loop
Land area: 8,295 sqm
Completed: Not on record
Storeys: Not on record
Estate (JTC): Sungei Kadut Eco-District (SKED)
Transactions on record: 2 (records start 1995)
Live listings: None
ACRA registrations: 1

About Koon Seng Building

Koon Seng Building is an industrial building in Sungei Kadut (District 25). It is located along Sungei Kadut Loop, Singapore 729449.

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

The site is leasehold, with about 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 8,295 sqm of land with roughly 8,731 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$21 psf. The most recent was in October 2020.

Across JTC's rental returns for Sungei Kadut Loop, the median rent for industrial space on this street works out to about S$1.24 psf per month over 46 observations. Observed medians on the street span S$0.10 to S$3.30 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 4.7 km away. The closest business-park zone is about 766 m away. The closest bus stop (Aft Sg Kadut Eating Hse) is 899 m away (about a 14-minute walk).

1 business is currently registered at this address with ACRA.

What is Koon Seng Building zoned as?

Key takeawayKoon Seng Building sits on land zoned BUSINESS 2.

Land-use zone: BUSINESS 2
Gross plot ratio: Subject to Detailed Planning

URA has not published a fixed plot ratio for this site — the Master Plan records "SDP" (Subject to Detailed Planning), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

What has Koon Seng Building sold for?

Key takeaway2 transactions are on record since 1995, most recently in Oct 2020 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Oct 2020	Single-user Factory	S$1.78M	89,067 sqft	$20
Sept 2001	Single-user Factory	S$1.97M	89,067 sqft	$22

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

Market context around Koon Seng 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.

What's been approved at Koon Seng Building?

Key takeawayURA's planning decisions at Koon Seng 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.

13 Mar 2026Renewed
Change of use
Continued use of the existing ancillary workers' dormitory (286 workers) on 4th storey of a 4-storey single-user factory
18 Sept 2023Renewed
Change of use
Continued use of the existing ancillary workers' dormitory (286 workers) on 4th storey of a 4-storey single-user factor
8 Sept 2021Renewed
Change of use
Continued use of the existing ancillary workers' dormitory (286 workers) on 4th storey of a 4-storey single-user factory
11 Sept 2020Renewed
Change of use
Continued use of the temporary ancillary workers' dormitory (for 286 workers) on 4th storey of a 4-storey single-user factory
28 Sept 2017Approved
Additions & alterations
Proposed additions and alterations to the existing 4-storey single-user factory on lot 00653w mk11 at 2 sungei kadut loop (sungei kadut planning area)
5 Jul 2017Renewed
Change of use
Continued use of the existing ancillary workers' dormitory (for 286 workers) on 4th storey of a 4-storey single-user factory

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).

What is near Koon Seng Building?

Amenities nearby

Business Park · 766 mAft Sg Kadut Eating Hse · 899 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Koon Seng Building

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Kranji, 2.2 km away. One public car park is within 500 m.

Foot traffic: busier than 8% of industrial buildings

no MRT/LRT within 1 km (nearest Kranji, 2.2 km); no bus stop within 400 m; Sungei Kadut: 20,753 resident workers (Census 2020, by workplace); about 4 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

No bus stop within 400 m.

Public car parks within 500 m

Sungei Kadut Drive (URA)294 m
S$0.60 per half-hour at midday on a weekday · 38 car lots

Nearest URA season parking: Sungei Kadut Area, 1.5 km away, S$90/month.

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

Who's registered at Koon Seng Building?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list Koon Seng Building as their registered address. These are registered businesses, not who occupies the space.

Construction
1
Wholesale and retail trade
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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$13.32 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$13.32 psm/mo
Observed range: S$1.05 – S$35.52

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 Koon Seng Building

Where is Koon Seng Building?⌄

Koon Seng Building is at 2 Sungei Kadut Loop, Singapore 729449, in the Sungei Kadut planning area.

What is Koon Seng Building zoned as?⌄

Koon Seng Building is zoned Business 2 under the URA Master Plan. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at Koon Seng Building?⌄

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 Koon Seng Building?⌄

Koon Seng Building is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Koon Seng Building sold for?⌄

Across 2 recorded transactions, the median is S$21 psf. The latest was in October 2020.

What does industrial space near Koon Seng Building rent for?⌄

JTC's rental returns for Sungei Kadut Loop put the median at about S$1.24 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Sungei Kadut Loop, not a rent quoted for Koon Seng Building itself.

How many businesses are registered at Koon Seng Building?⌄

1 business is currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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Read the figures right

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

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

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.

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.

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 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.