IndustrialBUSINESS 1LeaseholdDistrict 23 · Bukit Batok

Midview Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2026
Quick Summary

Midview Building is a industrial building in District 23 · Bukit Batok, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 31 years remaining. 331 transactions are on record since 1995, most recently in Jun 2026. 29 units are currently listed for sale or rent. ACRA records 431 live company registrations at this address.

1

What are the key facts about Midview Building?

Key takeawayMidview Building is a industrial building in District 23 · Bukit Batok, zoned BUSINESS 1, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 23 · Bukit Batok
Address
50 Bukit Batok Street 23
Land area
12,495 sqm
Transactions on record
331 (records start 1995)
Live listings
29
ACRA registrations
431
2

About Midview Building

Midview Building is an industrial building in Bukit Batok (District 23). It is located along Bukit Batok Street 23, Singapore 659578.

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 31 years left to run. It sits on about 12,495 sqm of land with roughly 31,237 sqm of gross floor area.

331 transactions have been recorded here, at a median of S$302 psf. The most recent was in June 2026.

Across JTC's rental returns for Bukit Batok Street 23, the median rent for industrial space on this street works out to about S$1.75 psf per month over 98 observations. Observed medians on the street span S$0.85 to S$2.40 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 4.7 km away. The closest business-park zone is about 1.4 km away. The closest bus stop (Midview Bldg) is 58 m away (about a 1-minute walk).

431 businesses are currently registered at this address with ACRA.

3

What is Midview Building zoned as?

Key takeawayMidview 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 →

4

What has Midview Building sold for?

Key takeawayAcross 331 recorded transactions since 1995, the median price is about S$409k, most recently in Jun 2026.
DateUsePriceAreaPSF
Jun 2026Multiple-user FactoryS$748k1,755 sqft$426
May 2026Multiple-user FactoryS$500k1,087 sqft$460
Apr 2026Multiple-user FactoryS$748k1,755 sqft$426
Oct 2025Multiple-user FactoryS$530k1,249 sqft$424
Oct 2025Multiple-user FactoryS$540k1,281 sqft$422
Sept 2025WarehouseS$600k1,518 sqft$395
Sept 2025Multiple-user FactoryS$520k1,249 sqft$416
Aug 2025Multiple-user FactoryS$593k1,507 sqft$394
Jul 2025WarehouseS$1.09M1,808 sqft$605
Jun 2025Multiple-user FactoryS$588k1,410 sqft$417

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 Bukit Batok Street 23 price?

Key takeawayBukit Batok Street 23's current JTC street rent is S$23.33 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 6.3% (5.7% net of property tax).
Strata sales on the street (5y)
49
Street median PSF (strata)
$395
Indicative street yield
6.3% gross
5.7% 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 Midview Building right now?

Key takeaway29 units are currently listed at Midview Building13 for sale and 16 for rent. One row per unit; several agents often market the same unit.

For sale (13)

  • Midview BuildingS$603k · 1,206 sqft
  • Midview Building2 agentsS$723k · 1,507 sqft
  • Midview BuildingS$708k · 1,668 sqft
  • Midview BuildingS$508k · 950 sqft

For rent (16)

  • Midview Building2 agentsS$4k/mo · 1,755 sqft
  • Midview BuildingS$888/mo · 209 sqft
  • Midview BuildingS$3k/mo · 1,249 sqft
  • Midview BuildingS$3k/mo · 1,206 sqft

Browse every listing at this building →

7

What is near Midview Building?

Amenities nearby

Midview Bldg · 58 mEducational Institution · 569 mHisemainn Medical Clinic (Bukit Batok) · 586 mJurong Community Hospital · 1.4 kmBusiness Park · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Midview Building?

Key takeawayACRA records 431 live company registrations at this address, 95 of them in the last three years.
Live registrations
431
Registered last 3 years
95

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$18.80 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$18.80 psm/mo
Observed range
S$9.13 – S$25.83

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 Midview Building

Where is Midview Building?

Midview Building is at 50 Bukit Batok Street 23, Singapore 659578, in the Bukit Batok planning area.

What is Midview Building zoned as?

Midview 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 Midview 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 Midview Building?

Midview Building is leasehold. About 31 years remain on the lease.

What have units at Midview Building sold for?

Across 331 recorded transactions, the median is S$302 psf. The latest was in June 2026.

What does industrial space near Midview Building rent for?

JTC's rental returns for Bukit Batok Street 23 put the median at about S$1.75 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Bukit Batok Street 23, not a rent quoted for Midview Building itself.

How many businesses are registered at Midview Building?

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

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