Macpherson Industrial Estate

Asset class

Industrial

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Tenure

Freehold

District / Area

District 13 · Toa Payoh

Address

21 Playfair Road

Land area

933 sqm

Transactions on record

2 (records start 1995)

Live listings

None

ACRA registrations

4

Macpherson Industrial Estate is an industrial property in Toa Payoh (District 13). It is located along Playfair Road, Singapore 367988.

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 freehold. It sits on about 933 sqm of land with roughly 2,331 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$912 psf. The most recent was in February 2021.

Across JTC's rental returns for Playfair Road, the median rent for industrial space on this street works out to about S$1.73 psf per month over 105 observations. Observed medians on the street span S$0.80 to S$2.93 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

4 industrial projects are still uncompleted on this street, adding about 14,460 sqm of gross floor area, the earliest due around 2027.

The nearest port or airport land is about 7.3 km away. The closest business-park zone is about 594 m away. The nearest MRT is Tai Seng MRT, 266 m away (about a 4-minute walk). The closest bus stop (Sky Green Condo) is 133 m away (about a 2-minute walk).

4 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Run the full zoning report for this building →

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.

Straight-line distances. Source: PropKaki amenities data.

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.

Street rent, median

S$18.61 psm/mo

Observed range

S$8.61 – S$31.58

Pipeline on this street

4 projects · 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.