IndustrialBUSINESS 1District 12 · Novena

Mun Hean Industrial Building

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Mun Hean Industrial Building is a industrial building in District 12 · Novena, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. ACRA records 18 live company registrations at this address.

1

What are the key facts about Mun Hean Industrial Building?

Key takeawayMun Hean Industrial Building is a industrial building in District 12 · Novena, zoned BUSINESS 1.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Not on record
District / Area
District 12 · Novena
Address
53 Kim Keat Road
Land area
—
Completed
Not on record
Storeys
4 (© OpenStreetMap contributors)
Transactions on record
None recorded
Live listings
None
ACRA registrations
18

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About Mun Hean Industrial Building

Mun Hean Industrial Building is an industrial building in Novena (District 12). It is located along Kim Keat Road, Singapore 328823.

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.

Across JTC's rental returns for Kim Keat Road, the median rent for industrial space on this street works out to about S$2.80 psf per month over 82 observations. Observed medians on the street span S$0.15 to S$3.90 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 6.1 km away. The closest business-park zone is about 3.9 km away. The nearest MRT is Toa Payoh MRT Exit A, 983 m away (about a 15-minute walk). The closest bus stop (Opp NKF) is 130 m away (about a 2-minute walk).

17 businesses are currently registered at this address with ACRA.

3

What is Mun Hean Industrial Building zoned as?

Key takeawayMun Hean 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 →

4

What does space at Mun Hean Industrial Building rent for?

Key takeawayNo rent is published for Mun Hean Industrial Building itself. On its street, Kim Keat Road, strata factory space rented at a median of $3.92 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 Kim Keat Road

Street level · 2026Q3
25th pct
—
— psm
Median
$3.92
$42.24 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +9.3% on a year earlier

2023Q2 · $28.52 psm2026Q3 · $42.24 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.

5

Market context around Mun Hean 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.

6

What's been approved at Mun Hean Industrial Building?

Key takeawayURA's planning decisions at Mun Hean Industrial Building since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 15 Apr 2026RefusedFloor 2
    Change of use to secondary workers' dormitory

    Proposed change of use of units #02-XX and #02-XX to secondary workers' dormitory

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

7

How does Kim Keat Road price?

Strata sales on the street (5y)
3

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

8

What is near Mun Hean Industrial Building?

Amenities nearby

Opp NKF · 130 mPlushealth Medical Clinic & Surgery · 188 mBlks 91/92 Whampoa Drive # · 287 mEducational Institution · 470 mRen Ci Community Hospital · 941 mToa Payoh MRT Exit A · 983 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at Mun Hean Industrial Building

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Toa Payoh, 1.0 km away. 25 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 73% of industrial buildings

no MRT/LRT within 1 km (nearest Toa Payoh, 1.0 km); bus stops within 400 m: 10, about 21,000 taps a weekday; Novena: 42,829 resident workers (Census 2020, by workplace); about 67,000 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.

Bus

10 bus stops within 400 m, with about 21,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 76/77 Lorong Limau (HDB)98 m
    S$0.60 per half-hour at midday on a weekday · gantry 3 m · 127 car lots
  • Lor Ampas (URA)126 m
    S$0.60 per half-hour at midday on a weekday · 5 car lots
  • Blk 111A Saint Michael Bus Terminal (HDB)188 m
    S$0.60 per half-hour at midday on a weekday
  • Blk 78A Lorong Limau (HDB)224 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 355 car lots
  • Blk 103/104 Jalan Rajah (HDB)228 m
    S$0.60 per half-hour at midday on a weekday · 186 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. Mun Hean Industrial Building's own car park, if it has one, and its charges are not in the open data.

10

Who's registered at Mun Hean Industrial Building?

Key takeaway18 live companies (and LLPs and branches; sole proprietors are not counted) list Mun Hean Industrial Building as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    7
  • Real estate
    3
  • Administrative and support services
    3
  • Construction
    1
  • Professional, scientific and technical services
    1
  • Financial and insurance
    1
  • Manufacturing
    1
  • Health and social services
    1
  • Accommodation and food services
    0
  • Information and communications
    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.

11

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$30.15 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$30.15 psm/mo
Observed range
S$1.58 – S$42.03

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.

12

Frequently asked questions about Mun Hean Industrial Building

Where is Mun Hean Industrial Building?⌄

Mun Hean Industrial Building is at 53 Kim Keat Road, Singapore 328823, in the Novena planning area.

What is Mun Hean Industrial Building zoned as?⌄

Mun Hean 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 Mun Hean 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.

Have there been any recorded transactions at Mun Hean Industrial Building?⌄

No caveats have been lodged for Mun Hean Industrial Building in the records we track. That is common for single-owner industrial buildings, which never generate strata transactions.

What does industrial space near Mun Hean Industrial Building rent for?⌄

JTC's rental returns for Kim Keat Road put the median at about S$2.80 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Kim Keat Road, not a rent quoted for Mun Hean Industrial Building itself.

What is the nearest MRT station to Mun Hean Industrial Building?⌄

Toa Payoh MRT Exit A is the closest, 983 m away (about a 15-minute walk).

How many businesses are registered at Mun Hean Industrial Building?⌄

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

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