IndustrialBUSINESS PARKLeaseholdDistrict 5 · Queenstown

Mapletree Business City

Reviewed by Nathan TangUpdated 10 August 2026Data through Aug 2016
Quick Summary

Mapletree Business City is a industrial building in District 5 · Queenstown, on land zoned BUSINESS PARK under the URA Master Plan with a gross plot ratio of 2.8. It is leasehold with roughly 70 years remaining. 1 transaction is on record since 1995, most recently in Aug 2016. 21 units are currently listed for rent. ACRA records 642 live company registrations at this address.

1

What are the key facts about Mapletree Business City?

Key takeawayMapletree Business City is a industrial building in District 5 · Queenstown, zoned BUSINESS PARK, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS PARK
Gross plot ratio
2.8
Tenure
Leasehold
District / Area
District 5 · Queenstown
Address
10,20,30 Pasir Panjang Road
Land area
108,536 sqm
Transactions on record
1 (records start 1995)
Live listings
21
ACRA registrations
642
2

About Mapletree Business City

Mapletree Business City is an industrial building in Queenstown (District 05). It is located along Pasir Panjang Road, Singapore 117438.

Under the URA Master Plan the site is zoned Business Park with a gross plot ratio of 2.8. Business Park zoning is for high-technology, R&D and knowledge-based activities rather than general industry.

The site is leasehold, with about 70 years left to run. It sits on about 108,536 sqm of land with roughly 308,929 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$795 psf. The most recent was in August 2016.

Across JTC's rental returns for Pasir Panjang Road, the median rent for industrial space on this street works out to about S$2.30 psf per month over 106 observations. Observed medians on the street span S$1.07 to S$3.50 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 539 m away. The closest business-park zone is about 0 m away. The nearest MRT is Labrador Park MRT, 508 m away (about a 8-minute walk). The closest bus stop (Mapletree Business City) is 96 m away (about a 2-minute walk).

642 businesses are currently registered at this address with ACRA.

3

What is Mapletree Business City zoned as?

Key takeawayMapletree Business City sits on land zoned BUSINESS PARK with a gross plot ratio of 2.8.
Land-use zone
BUSINESS PARK
Gross plot ratio
2.8

Run the full zoning report for this building →

4

What has Mapletree Business City sold for?

Key takeaway1 transaction is on record since 1995, most recently in Aug 2016 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2016Business ParkS$1780.00M2,239,300 sqft$795

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.

5

How does Pasir Panjang Road price?

Key takeawayPasir Panjang Road's current JTC street rent is S$33.77 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 4.0% (3.6% net of property tax).
Strata sales on the street (5y)
63
Street median PSF (strata)
$991
Indicative street yield
4.0% gross
3.6% 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.

6

What is available at Mapletree Business City right now?

Key takeaway21 units are currently listed at Mapletree Business City. One row per unit; several agents often market the same unit.

For rent (21)

  • Mapletree Business City2 agentsS$121k/mo · 17,327 sqft
  • Mapletree Business CityS$0/mo · 23,076 sqft
  • Mapletree Business CityS$235k/mo · 34,541 sqft
  • Mapletree Business CityS$68k/mo · 9,313 sqft

Browse every listing at this building →

7

What is near Mapletree Business City?

Key takeawayThe nearest MRT/LRT is Labrador Park MRT, about 508 m away.

Getting around

Amenities nearby

Business Park · 0 mRafflesMedical · 37 mMapletree Business City · 96 mLabrador Park MRT Exit A · 494 mPort / Airport · 539 mPasir Panjang Food Centre · 843 mEducational Institution · 992 mAlexandra Hospital · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Mapletree Business City?

Key takeawayACRA records 642 live company registrations at this address, 85 of them in the last three years.
Live registrations
642
Registered last 3 years
85

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.

9

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$24.76 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$24.76 psm/mo
Observed range
S$11.50 – S$37.67

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.

10

Frequently asked questions about Mapletree Business City

Where is Mapletree Business City?

Mapletree Business City is at 10,20,30 Pasir Panjang Road, Singapore 117438, in the Queenstown planning area.

What is Mapletree Business City zoned as?

Mapletree Business City is zoned Business Park under the URA Master Plan, with a gross plot ratio of 2.8. Business Park zoning is for high-technology, R&D and knowledge-based activities rather than general industry.

What is the tenure of Mapletree Business City?

Mapletree Business City is leasehold. About 70 years remain on the lease.

What have units at Mapletree Business City sold for?

Across 1 recorded transaction, the median is S$795 psf. The latest was in August 2016.

What does industrial space near Mapletree Business City rent for?

JTC's rental returns for Pasir Panjang Road put the median at about S$2.30 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Pasir Panjang Road, not a rent quoted for Mapletree Business City itself.

What is the nearest MRT station to Mapletree Business City?

Labrador Park MRT is the closest, 508 m away (about a 8-minute walk).

How many businesses are registered at Mapletree Business City?

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

For agents · in the PropKaki app

The facts are here — now get the verdict on Mapletree Business City.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about Mapletree Business City — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…
Chat on WhatsApp