IndustrialBUSINESS 1LeaseholdDistrict 3 · Bukit Merah

Mercedes-Benz Center

Reviewed by Nathan TangUpdated 10 August 2026Data through Feb 2023
Quick Summary

Mercedes-Benz Center is a industrial building in District 3 · Bukit Merah, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 21 years remaining. 1 transaction is on record since 1995, most recently in Feb 2023. ACRA records 0 live company registrations at this address.

1

What are the key facts about Mercedes-Benz Center?

Key takeawayMercedes-Benz Center is a industrial building in District 3 · Bukit Merah, zoned BUSINESS 1, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 3 · Bukit Merah
Address
301 Alexandra Road
Land area
4,849 sqm
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About Mercedes-Benz Center

Mercedes-Benz Center is an industrial building in Bukit Merah (District 03). It is located along Alexandra Road, Singapore 159968.

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 21 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 4,849 sqm of land with roughly 18,512 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$1,308 psf. The most recent was in February 2023.

Across JTC's rental returns for Alexandra Road, the median rent for industrial space on this street works out to about S$3.42 psf per month over 98 observations. Observed medians on the street span S$0.94 to S$4.20 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 2.4 km away. The closest business-park zone is about 1.4 km away. The nearest MRT is Queenstown MRT, 536 m away (about a 8-minute walk). The closest bus stop (Lea Hin Hardware Fty) is 112 m away (about a 2-minute walk).

3

What is Mercedes-Benz Center zoned as?

Key takeawayMercedes-Benz Center 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 →

4

What has Mercedes-Benz Center sold for?

Key takeaway1 transaction is on record since 1995, most recently in Feb 2023 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Feb 2023Single-user FactoryS$131.00M100,183 sqft$1,308

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 Alexandra Road price?

Key takeawayAlexandra Road's current JTC street rent is S$39.29 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 12.0% (10.8% net of property tax).
Strata sales on the street (5y)
31
Street median PSF (strata)
$366
Indicative street yield
12.0% gross
10.8% 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 near Mercedes-Benz Center?

Key takeawayThe nearest MRT/LRT is Queenstown MRT, about 536 m away.

Getting around

Amenities nearby

Lea Hin Hardware Fty · 112 mEducational Institution · 236 mHealthpoint Family Clinic & Surgery · 308 mABC Brickworks Market & Food Centre · 369 mQueenstown MRT Exit A · 500 mAlexandra Hospital · 1.0 kmBusiness Park · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Mercedes-Benz Center?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

8

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$36.81 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$36.81 psm/mo
Observed range
S$10.09 – S$45.21

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.

9

Frequently asked questions about Mercedes-Benz Center

Where is Mercedes-Benz Center?

Mercedes-Benz Center is at 301 Alexandra Road, Singapore 159968, in the Bukit Merah planning area.

What is Mercedes-Benz Center zoned as?

Mercedes-Benz Center 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 Mercedes-Benz Center?

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 Mercedes-Benz Center?

Mercedes-Benz Center is leasehold. About 21 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Mercedes-Benz Center sold for?

Across 1 recorded transaction, the median is S$1,308 psf. The latest was in February 2023.

What does industrial space near Mercedes-Benz Center rent for?

JTC's rental returns for Alexandra Road put the median at about S$3.42 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Alexandra Road, not a rent quoted for Mercedes-Benz Center itself.

What is the nearest MRT station to Mercedes-Benz Center?

Queenstown MRT is the closest, 536 m away (about a 8-minute walk).

For agents · in the PropKaki app

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