IndustrialBUSINESS 1District 19 · Serangoon

New Tech Park

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

New Tech Park is a industrial building in District 19 · Serangoon, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. 35 units are currently listed for rent. ACRA records 208 live company registrations at this address.

1

What are the key facts about New Tech Park?

Key takeawayNew Tech Park is a industrial building in District 19 · Serangoon, zoned BUSINESS 1.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Not on record
District / Area
District 19 · Serangoon
Address
151 Lorong Chuan
Land area
39,798 sqm
Completed
Not on record
Storeys
Not on record
Owner
Alpha Integrated REIT (SGX filings)
Land lease expires
2055 (the owner's annual report (as filed on SGX))
Listed as
Light Industrial (B1), Office, Food & Beverage
Transactions on record
None recorded
Live listings
35
ACRA registrations
208

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

Who owns New Tech Park, and what is it valued at?

Key takeawayNew Tech Park is owned by Alpha Integrated REIT, a REIT listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.
151 Lorong Chuan
Valued at S$384.3 million as at 31 Dec 2025, by CBRE.
New Tech Park
Valued at S$384.3 million as at 31 Dec 2025.
from its annual report (2025)
New Tech Park: Alpha Integrated REIT's annual report (2025)
Committed occupancy
94% (as of 31 Dec 2025)
Occupancy
94.4% (as of 31 Dec 2025)
Land lease expires
Nov 2055

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

3

About New Tech Park

New Tech Park is an industrial building in Serangoon (District 19). It is located along Lorong Chuan, Singapore 556741.

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.

It sits on about 39,798 sqm of land with roughly 76,558 sqm of gross floor area.

The nearest port or airport land is about 5.8 km away. The closest business-park zone is about 3.1 km away. The nearest MRT is Lorong Chuan MRT, 387 m away (about a 6-minute walk). The closest bus stop (New Tech Pk) is 203 m away (about a 3-minute walk).

213 businesses are currently registered at this address with ACRA.

4

What is New Tech Park zoned as?

Key takeawayNew Tech Park 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 →

5

Market context around New Tech Park

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

How fast units move at New Tech Park

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 35 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 4 new listings appeared and 7 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

7

What's been approved at New Tech Park?

Key takeawayURA has approved 12 changes of use at New Tech Park since 2000, most recently in 2025. 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. 29 Sept 2026RenewedFloor 1
    Continued use as betting outlet

    Continued use of part #01-XX as betting outlet

  2. 8 Apr 2025RenewedFloor 2
    Continued use as student care centre

    Continued use of production unit #02-XX as student care centre

  3. 21 Jan 2025ApprovedFloor 1
    Change of use to gym/fitness centre

    Proposed change of use of #01-XX to gym/fitness centre

  4. 2 Jul 2024ApprovedFloor 1
    Change of use to betting outlet

    Proposed change of use of part of #01-XX to betting outlet

  5. 18 Jul 2022ApprovedFloor 1
    Change of use to clinic

    Proposed change of use of unit #01-XX to clinic

  6. 1 Jul 2022ApprovedFloor 2
    Change of use to student care centre

    Proposed change of use of production unit #02-XX to student care centre

  7. 1 Jun 2021ApprovedFloor 1
    Change of use to restaurant

    Proposed change of use of unit #01-XX to restaurant

  8. 17 May 2021ApprovedFloor 1
    Change of use to gym/fitness centre

    Proposed change of use of unit #01-XX to gym/fitness centre

  9. 27 May 2020Approved
    Additions & alterations

    Proposed addition and alteration for commercial use at the 2nd storey of the existing 6-storey multi-user industrial development on lot 13157c mk18 at 151 lorong chuan (serangoon planning area)

  10. 30 Apr 2020Approved
    Additions & alterations

    Proposed amendment to approved addition and alteration for commercial use at existing 6-storey multi-user industrial development on lot 13157c mk18 at 151 lorong chuan (serangoon planning area)

  11. 9 Nov 2019Approved
    Additions & alterations

    Proposed addition and alteration for commercial use at existing 6-storey multi-user industrial development on lot 13157c mk18 at 151 lorong chuan (serangoon planning area)

  12. 3 Jan 2019ApprovedFloor 2
    Change of use to communal meeting area

    Proposed change of use of part 2nd storey industrial area (unit #02-XX) to communal meeting area

12 earlier change-of-use and A&A decisions are on record since 2000.

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).

8

What is available at New Tech Park right now?

Key takeaway35 units are currently listed at New Tech Park. One row per unit; several agents often market the same unit.

For rent (35)

  • New Tech ParkS$102k/mo · 25,560 sqft
  • New Tech ParkS$26k/mo · 6,500 sqft
  • New Tech ParkS$51k/mo · 12,701 sqft
  • New Tech ParkS$67k/mo · 16,706 sqft

Browse every listing at this building →

9

What is near New Tech Park?

Key takeawayThe nearest MRT/LRT is Lorong Chuan MRT, about 387 m away.

Getting around

Amenities nearby

New Tech Pk · 203 mEducational Institution · 217 mLorong Chuan MRT Exit B · 249 mAffinity Medical Clinic · 262 m

Straight-line distances. Source: PropKaki amenities data.

10

Getting there and parking at New Tech Park

Key takeawayThe nearest station is Lorong Chuan (CC14), 249 m away — a moderately busy station, with about 18,000 taps in and out on an average weekday. No public car park we hold is within 500 m; the nearest is Blk 153-167 Bishan Street 13 (HDB), 740 m away; the nearest URA season parking is Serangoon Garden Estat E, 1.4 km away (S$90/month).
Foot traffic: busier than 85% of industrial buildings

nearest MRT/LRT Lorong Chuan (CC14) 249 m, about 18,000 taps a weekday; bus stops within 400 m: 7, about 4,898 taps a weekday; Serangoon: 38,451 resident workers (Census 2020, by workplace); about 41,000 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.

Stations within 1 km

  • Lorong Chuan (CC14)249 m · about 18,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to New Tech Park. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with 4,898 boardings and alightings on an average weekday.

11

Who's registered at New Tech Park?

Key takeaway208 live companies (and LLPs and branches; sole proprietors are not counted) list New Tech Park as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    47
  • Professional, scientific and technical services
    31
  • Financial and insurance
    31
  • Information and communications
    20
  • Administrative and support services
    15
  • Accommodation and food services
    14
  • Real estate
    12
  • Other services
    10
  • Manufacturing
    7
  • Transportation and storage
    5

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.

12

Frequently asked questions about New Tech Park

Where is New Tech Park?⌄

New Tech Park is at 151 Lorong Chuan, Singapore 556741, in the Serangoon planning area.

What is New Tech Park zoned as?⌄

New Tech Park 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 New Tech Park?⌄

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 New Tech Park?⌄

No caveats have been lodged for New Tech Park in the records we track. That is common for single-owner industrial buildings, which never generate strata transactions.

What is the nearest MRT station to New Tech Park?⌄

Lorong Chuan MRT is the closest, 387 m away (about a 6-minute walk).

How many businesses are registered at New Tech Park?⌄

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

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