IndustrialBUSINESS 1FreeholdDistrict 12 · Novena

Mun Hean Industrial Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 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. It is freehold. 14 transactions are on record since 1995, most recently in Jun 2026. 3 units are currently listed for rent. ACRA records 17 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, held freehold.
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
Transactions on record
14 (records start 1995)
Live listings
3
ACRA registrations
17
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.

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.

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 has Mun Hean Industrial Building sold for?

Key takeawayAcross 14 recorded transactions since 1995, the median price is about S$1.64M, most recently in Jun 2026.
DateUsePriceAreaPSF
Jun 2026Multiple-user FactoryS$7.50M8,073 sqft$929
Mar 2025Multiple-user FactoryS$2.93M3,089 sqft$950
Aug 2022Multiple-user FactoryS$3.50M4,069 sqft$860
Dec 2018Multiple-user FactoryS$3.34M4,069 sqft$820
Nov 2013Multiple-user FactoryS$1.92M3,089 sqft$622
Dec 2007Multiple-user FactoryS$3.00M5,791 sqft$518
Jun 2006Multiple-user FactoryS$360k1,507 sqft$239
Apr 2006Multiple-user FactoryS$680k3,079 sqft$221
Dec 1996Multiple-user FactoryS$1.59M3,079 sqft$515
Mar 1996Multiple-user FactoryS$1.60M3,079 sqft$520

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 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.

6

What is available at Mun Hean Industrial Building right now?

Key takeaway3 units are currently listed at Mun Hean Industrial Building. One row per unit; several agents often market the same unit.

For rent (3)

  • Mun Hean BuildingS$2k/mo · 635 sqft
  • Mun Hean BuildingS$2k/mo · 500 sqft
  • Mun Hean Industrial BuildingS$3k/mo · 635 sqft

Browse every listing at this building →

7

What is near Mun Hean Industrial Building?

Amenities nearby

Opp NKF · 112 mPlushealth Medical Clinic & Surgery · 163 mBlks 91/92 Whampoa Drive # · 276 mEducational Institution · 449 mRen Ci Community Hospital · 963 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Mun Hean Industrial Building?

Key takeawayACRA records 17 live company registrations at this address.
Live registrations
17
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.

9

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.

10

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.

What is the tenure of Mun Hean Industrial Building?

Mun Hean Industrial Building is freehold.

What have units at Mun Hean Industrial Building sold for?

Across 14 recorded transactions, the median is S$519 psf. The latest was in June 2026.

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.

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.

For agents · in the PropKaki app

The facts are here — now get the verdict on Mun Hean Industrial Building.

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

PropKaki
Tell me about Mun Hean Industrial Building — 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