IndustrialBUSINESS 1FreeholdDistrict 19 · Hougang

Mainland Industrial Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Mar 1996

Quick Summary

Mainland Industrial Building is a industrial building in District 19 · Hougang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 3 transactions are on record since 1995, most recently in Mar 1996. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on Mainland Industrial Building.

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What are the key facts about Mainland Industrial Building?

Key takeawayMainland Industrial Building is a industrial building in District 19 · Hougang, zoned BUSINESS 1, held freehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Freehold
District / Area: District 19 · Hougang
Address: 4 New Industrial Road
Land area: 1,398 sqm
Completed: Not on record
Storeys: Not on record
Units with a recorded sale: At least 3
Transactions on record: 3 (records start 1995)
Live listings: None
ACRA registrations: 0

About Mainland Industrial Building

Mainland Industrial Building is an industrial building in Hougang (District 19). It is located along New Industrial Road, Singapore 536198.

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 1,398 sqm of land with roughly 3,495 sqm of gross floor area.

3 transactions have been recorded here, at a median of S$490 psf. The most recent was in March 1996.

Across JTC's rental returns for New Industrial Road, the median rent for industrial space on this street works out to about S$2.03 psf per month over 104 observations. Observed medians on the street span S$0.88 to S$2.86 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

2 industrial projects are still uncompleted on this street, adding about 15,440 sqm of gross floor area, the earliest due around 2028.

The nearest port or airport land is about 6.1 km away. The closest business-park zone is about 4.0 km away. The nearest MRT is Toa Payoh MRT, 951 m away (about a 15-minute walk). The closest bus stop (Bef Kim Keat Lane) is 159 m away (about a 2-minute walk).

What is Mainland Industrial Building zoned as?

Key takeawayMainland Industrial Building sits on land zoned BUSINESS 1 with a gross plot ratio of 2.5.

Land-use zone: BUSINESS 1
Gross plot ratio: 2.5

Run the full zoning report for this building →

What has Mainland Industrial Building sold for?

Key takeaway3 transactions are on record since 1995, most recently in Mar 1996 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Mar 1996	Multiple-user Factory	S$600k	1,528 sqft	$393
Jan 1996	Multiple-user Factory	S$717k	1,464 sqft	$490
Nov 1995	Multiple-user Factory	S$788k	1,507 sqft	$523

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

What does space at Mainland Industrial Building rent for?

Key takeawayNo rent is published for Mainland Industrial Building itself. On its street, New Industrial Road, strata factory space rented at a median of $2.84 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on New Industrial Road

Street level · 2026Q3

25th pct

—

— psm

Median

$2.84

$30.60 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +4.2% on a year earlier

2023Q4 · $23.43 psm2026Q3 · $30.60 psm median

This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.

Source: JTC J-SPACE, rental of industrial space by street.

Market context around Mainland Industrial 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.

How does New Industrial Road price?

Key takeawayNew Industrial Road's current JTC street rent is S$30.60 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 4.6% (4.1% net of property tax).

Strata sales on the street (5y)

Street median PSF (strata)

$723

Indicative street yield

4.6% gross

4.1% net of property tax

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.

What is near Mainland Industrial Building?

Key takeawayThe nearest MRT/LRT is Toa Payoh MRT, about 951 m away.

Getting around

Toa Payoh MRT951 m · ~15 min

Amenities nearby

Bef Kim Keat Lane · 159 mmydoctor@Balestier · 212 mBlks 91/92 Whampoa Drive # · 310 mEducational Institution · 584 mRen Ci Community Hospital · 829 mToa Payoh MRT Exit A · 913 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Mainland Industrial Building

Key takeawayThe nearest station is Toa Payoh (NS19), 914 m away — a busy station, with about 76,000 taps in and out on an average weekday. 25 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 91% of industrial buildings

nearest MRT/LRT Toa Payoh (NS19) 914 m, about 76,000 taps a weekday; bus stops within 400 m: 11, about 17,000 taps a weekday; Novena: 42,829 resident workers (Census 2020, by workplace); about 64,000 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

Toa Payoh (NS19)914 m · about 76,000 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 Mainland Industrial Building. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 17,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Lor Ampas (URA)34 m
S$0.60 per half-hour at midday on a weekday · 5 car lots
Jln Ampas (URA)167 m
S$0.60 per half-hour at midday on a weekday · 18 car lots
Blk 103/104 Jalan Rajah (HDB)200 m
S$0.60 per half-hour at midday on a weekday · 186 car lots
Blk 76/77 Lorong Limau (HDB)214 m
S$0.60 per half-hour at midday on a weekday · gantry 3 m · 127 car lots
Kim Keat Close (URA)247 m
S$0.60 per half-hour at midday on a weekday · season S$90/month · 22 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

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

Who's registered at Mainland Industrial Building?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list Mainland Industrial Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
0
Manufacturing
0
Construction
0
Financial and insurance
0
Professional, scientific and technical services
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$21.86 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$21.86 psm/mo
Observed range: S$9.46 – S$30.78
Pipeline on this street: 2 projects · earliest TOP 2028

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 Mainland Industrial Building

Where is Mainland Industrial Building?⌄

Mainland Industrial Building is at 4 New Industrial Road, Singapore 536198, in the Hougang planning area.

What is Mainland Industrial Building zoned as?⌄

Mainland Industrial 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 Mainland Industrial 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 Mainland Industrial Building?⌄

Mainland Industrial Building is freehold.

What have units at Mainland Industrial Building sold for?⌄

Across 3 recorded transactions, the median is S$490 psf. The latest was in March 1996.

What does industrial space near Mainland Industrial Building rent for?⌄

JTC's rental returns for New Industrial Road put the median at about S$2.03 psf per month. That is a street-level figure from undated snapshots covering all industrial space on New Industrial Road, not a rent quoted for Mainland Industrial Building itself.

What is the nearest MRT station to Mainland Industrial Building?⌄

Toa Payoh MRT is the closest, 951 m away (about a 15-minute walk).

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Read the figures right

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

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

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 URA car park data (URA Data Service), LTA DataMall passenger volumes, 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.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.