Mun Hean Industrial Building

Asset class

Industrial

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Tenure

Freehold

District / Area

District 12 · Novena

Address

53 Kim Keat Road

Land area

3,306 sqm

Completed

Not on record

Storeys

4 (© OpenStreetMap contributors)

Units with a recorded sale

At least 10

Transactions on record

14 (records start 1995)

Live listings

3

ACRA registrations

18

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.

The site is freehold. It sits on about 3,306 sqm of land with roughly 8,265 sqm of gross floor area.

14 transactions have been recorded here, at a median of S$519 psf. The most recent was in June 2026.

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 closest bus stop (Opp NKF) is 112 m away (about a 2-minute walk).

17 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Run the full zoning report for this building →

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

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.

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).

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.

Browse every listing at this building →

Straight-line distances. Source: PropKaki amenities data.

• 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.

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.