IndustrialBUSINESS 2LeaseholdDistrict 22 · Tuas

Macdermid Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2004
Quick Summary

Macdermid Building is a industrial building in District 22 · Tuas, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.4. It is leasehold. 2 transactions are on record since 1995, most recently in Dec 2004. 1 unit is currently listed for rent. ACRA records 9 live company registrations at this address.

1

What are the key facts about Macdermid Building?

Key takeawayMacdermid Building is a industrial building in District 22 · Tuas, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
1.4
Tenure
Leasehold
District / Area
District 22 · Tuas
Address
20 Tuas Avenue 6
Land area
5,455 sqm
Completed
Not on record
Storeys
Not on record
Owner
CapitaLand Ascendas REIT (SGX filings)
Net lettable area
54,734 sq ft (the owner's annual report (as filed on SGX))
Estate (JTC)
Tuas Industrial Estate
Listed as
Factory / Workshop (B2)
Transactions on record
2 (records start 1995)
Live listings
1
ACRA registrations
9
2

Who owns Macdermid Building, and what is it valued at?

Key takeawayMacdermid Building is owned by CapitaLand Ascendas REIT, a REIT listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.
20 Tuas Avenue 6
Valued at S$9.9 million as at 31 Dec 2025, by JLL SG.
20 Tuas Avenue 6: CapitaLand Ascendas REIT's annual report (2025)
Occupancy
100% (as of 31 Dec 2025)

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

3

About Macdermid Building

Macdermid Building is an industrial building in Tuas (District 22). It is located along Tuas Avenue 6, Singapore 639307.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1.4. 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 5,455 sqm of land with roughly 7,637 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$94 psf. The most recent was in December 2004.

Across JTC's rental returns for Tuas Avenue 6, the median rent for industrial space on this street works out to about S$0.95 psf per month over 1 observations. Observed medians on the street span S$0.95 to S$0.95 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 6.9 km away. The closest business-park zone is about 4.8 km away. The nearest MRT is Tuas Crescent MRT, 842 m away (about a 13-minute walk). The closest bus stop (Mercedes-Benz Logistics) is 188 m away (about a 3-minute walk).

9 businesses are currently registered at this address with ACRA.

4

What is Macdermid Building zoned as?

Key takeawayMacdermid Building sits on land zoned BUSINESS 2 with a gross plot ratio of 1.4.
Land-use zone
BUSINESS 2
Gross plot ratio
1.4

Run the full zoning report for this building →

5

What has Macdermid Building sold for?

Key takeaway2 transactions are on record since 1995, most recently in Dec 2004 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2004Single-user FactoryS$5.50M58,707 sqft$94
Oct 2004Single-user FactoryS$5.50M58,707 sqft$94

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

6

Market context around Macdermid 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

How fast units move at Macdermid Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

8

What's been approved at Macdermid Building?

Key takeawayURA's planning decisions at Macdermid 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. 5 Jan 2009Approved
    Additions & alterations

    Proposed retention of metal awning to existing factory on lot 01831v mk07 at 20 tuas avenue 6

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).

9

What is available at Macdermid Building right now?

Key takeaway1 unit is currently listed at Macdermid Building. One row per unit; several agents often market the same unit.

For rent (1)

  • 20 Tuas Avenue 6S$25k/mo · 13,000 sqft

Browse every listing at this building →

10

What is near Macdermid Building?

Key takeawayThe nearest MRT/LRT is Tuas Crescent MRT, about 842 m away.

Getting around

Amenities nearby

Mercedes-Benz Logistics · 188 mAcumed Medical Group · 684 mTuas Crescent MRT Exit B · 811 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Macdermid Building

Key takeawayThe nearest station is Tuas Crescent (EW31), 812 m away — a quiet station, with about 11,000 taps in and out on an average weekday. No public car park we hold is within 500 m; the nearest is Tuas Ave 3 (URA), 640 m away; the nearest URA season parking is Tuas Area, 1.8 km away (S$90/month).
Foot traffic: busier than 37% of industrial buildings

nearest MRT/LRT Tuas Crescent (EW31) 812 m, about 11,000 taps a weekday; bus stops within 400 m: 8, about 1,172 taps a weekday; Tuas: 42,328 resident workers (Census 2020, by workplace); about 1 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

  • Tuas Crescent (EW31)812 m · about 11,000 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 Macdermid Building. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with 1,172 boardings and alightings on an average weekday.

12

Who's registered at Macdermid Building?

Key takeaway9 live companies (and LLPs and branches; sole proprietors are not counted) list Macdermid Building as their registered address. These are registered businesses, not who occupies the space.
  • Manufacturing
    2
  • Wholesale and retail trade
    2
  • Transportation and storage
    2
  • Financial and insurance
    2
  • Professional, scientific and technical services
    1

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.

13

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$10.24 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$10.24 psm/mo
Observed range
S$10.24 – S$10.24

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.

14

Frequently asked questions about Macdermid Building

Where is Macdermid Building?⌄

Macdermid Building is at 20 Tuas Avenue 6, Singapore 639307, in the Tuas planning area.

What is Macdermid Building zoned as?⌄

Macdermid Building is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at Macdermid 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 Macdermid Building?⌄

Macdermid 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 Macdermid Building sold for?⌄

Across 2 recorded transactions, the median is S$94 psf. The latest was in December 2004.

What does industrial space near Macdermid Building rent for?⌄

JTC's rental returns for Tuas Avenue 6 put the median at about S$0.95 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Tuas Avenue 6, not a rent quoted for Macdermid Building itself.

What is the nearest MRT station to Macdermid Building?⌄

Tuas Crescent MRT is the closest, 842 m away (about a 13-minute walk).

How many businesses are registered at Macdermid Building?⌄

9 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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