M.i. Building
M.i. Building is a industrial building in District 19 · Serangoon, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 1 years remaining. 2 transactions are on record since 1995, most recently in Apr 2021. 2 units are currently listed for rent. ACRA records 4 live company registrations at this address.
What are the key facts about M.i. Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 19 · Serangoon
- Address
- 11 Serangoon North Avenue 5
- Land area
- 5,462 sqm
- Transactions on record
- 2 (records start 1995)
- Live listings
- 2
- ACRA registrations
- 4
About M.i. Building
M.I. Building is an industrial building in Serangoon (District 19). It is located along Serangoon North Avenue 5, Singapore 554809.
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 leasehold, with about 1 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 5,462 sqm of land with roughly 13,653 sqm of gross floor area.
2 transactions have been recorded here, at a median of S$298 psf. The most recent was in April 2021.
Across JTC's rental returns for Serangoon North Avenue 5, the median rent for industrial space on this street works out to about S$2.01 psf per month over 75 observations. Observed medians on the street span S$0.22 to S$2.96 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 3.2 km away. The closest business-park zone is about 4.3 km away. The closest bus stop (Blk 546) is 88 m away (about a 1-minute walk).
4 businesses are currently registered at this address with ACRA.
What is M.i. Building zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has M.i. Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Apr 2021 | Multiple-user Factory | S$21.00M | 58,796 sqft | $357 |
| Jul 2006 | Single-user Factory | S$14.00M | 58,793 sqft | $238 |
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.
What is available at M.i. Building right now?
For rent (2)
- Ground With Mezzanine Office - Power 1200Amps, 7m HeightS$45k/mo · 21,000 sqft
- MI Building3 agentsS$47k/mo · 20,831 sqft
What is near M.i. Building?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at M.i. Building?
- Live registrations
- 4
- Registered last 3 years
- 2
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?
- Street rent, median
- S$21.68 psm/mo
- Observed range
- S$2.33 – S$31.82
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 M.i. Building
Where is M.I. Building?⌄
M.I. Building is at 11 Serangoon North Avenue 5, Singapore 554809, in the Serangoon planning area.
What is M.I. Building zoned as?⌄
M.I. 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 M.I. 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 M.I. Building?⌄
M.I. Building is leasehold. About 1 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at M.I. Building sold for?⌄
Across 2 recorded transactions, the median is S$298 psf. The latest was in April 2021.
What does industrial space near M.I. Building rent for?⌄
JTC's rental returns for Serangoon North Avenue 5 put the median at about S$2.01 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Serangoon North Avenue 5, not a rent quoted for M.I. Building itself.
How many businesses are registered at M.I. Building?⌄
4 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on M.i. Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.