IndustrialBUSINESS 1LeaseholdDistrict 13 · Toa Payoh

One Ka @ Macpherson

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2026

Quick Summary

One Ka @ Macpherson is a industrial building in District 13 · Toa Payoh, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 36 years remaining. 63 transactions are on record since 1995, at a median S$805 psf, most recently in Aug 2026. 38 units are currently listed for sale or rent. ACRA records 129 live company registrations at this address.

The facts are here — now get the verdict on One Ka @ Macpherson.

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What are the key facts about One Ka @ Macpherson?

Key takeawayOne Ka @ Macpherson is a industrial building in District 13 · Toa Payoh, zoned BUSINESS 1, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 13 · Toa Payoh
Address: 1 Kampong Ampat
Land area: 7,346 sqm
Completed: 2024 (JTC industrial completions)
Storeys: Not on record
Developer: Woodlands Smartisan Pte Ltd (JTC industrial completions)
Strata units (MCST): 98
Managing agent: STARCITI VISION PROPERTY MANAGEMENT PTE LTD
Strata formed: 2025 (MCST 4936)
Units with a recorded sale: At least 63
Listed as: Light Industrial (B1)
Transactions on record: 63 (records start 1995)
Live listings: 38
ACRA registrations: 129

About One Ka @ Macpherson

One Ka @ Macpherson is an industrial building in Toa Payoh (District 13). It is located along Kampong Ampat, Singapore 368314.

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 36 years left to run. It sits on about 7,346 sqm of land with roughly 18,365 sqm of gross floor area.

62 transactions have been recorded here, at a median of S$805 psf. The most recent was in July 2026.

Across JTC's rental returns for Kampong Ampat, the median rent for industrial space on this street works out to about S$2.95 psf per month over 86 observations. Observed medians on the street span S$0.53 to S$3.65 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 7.0 km away. The closest business-park zone is about 886 m away. The nearest MRT is Mattar MRT, 667 m away (about a 10-minute walk). The closest bus stop (Aft Jln Belangkas) is 136 m away (about a 2-minute walk).

137 businesses are currently registered at this address with ACRA.

What is One Ka @ Macpherson zoned as?

Key takeawayOne Ka @ Macpherson 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 →

What has One Ka @ Macpherson sold for?

Key takeawayAcross 63 recorded transactions since 1995, the median price is about S$1.49M, most recently in Aug 2026.

Date	Use	Price	Area	PSF
Aug 2026	Multiple-user Factory	S$1.95M	3,444 sqft	$566
Jul 2026	Multiple-user Factory	S$1.90M	2,207 sqft	$861
Jun 2026	Multiple-user Factory	S$1.59M	1,798 sqft	$885
Sept 2025	Multiple-user Factory	S$1.65M	1,798 sqft	$918
Sept 2025	Multiple-user Factory	S$1.65M	1,808 sqft	$912
Sept 2025	Multiple-user Factory	S$1.56M	1,755 sqft	$891
Sept 2024	Multiple-user Factory	S$1.60M	1,798 sqft	$890
Sept 2024	Multiple-user Factory	S$1.60M	1,808 sqft	$885
Aug 2024	Multiple-user Factory	S$1.46M	1,798 sqft	$812
May 2024	Multiple-user Factory	S$1.38M	1,808 sqft	$762

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

What does space at One Ka @ Macpherson rent for?

Key takeawayJTC publishes leases at One Ka @ Macpherson itself: strata factory space leased at a median of $3.44 psf a month in 2025Q4, with the middle half of leases between $3.29 and $3.56. That is the building's figure across its leases, and never a quote for a particular unit.

Strata factory space in this building

This building · 2025Q4

25th pct

$3.29

$35.38 psm

Median

$3.44

$37.00 psm

75th pct

$3.56

$38.33 psm

S$ per sq ft per month

JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.

Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.

Strata factory space on Kampong Ampat

Street level · 2026Q3

25th pct

—

— psm

Median

$3.27

$35.15 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +1.7% on a year earlier

2023Q4 · $38.75 psm2026Q3 · $35.15 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.

Market context around One Ka @ Macpherson

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.

How fast units move at One Ka @ Macpherson

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 14 units for rent; 24 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 7 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 3 new listings appeared and 6 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.

What's been approved at One Ka @ Macpherson?

Key takeawayURA's planning decisions at One Ka @ Macpherson 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.

6 Mar 2025RenewedFloor 1
Continued use as industrial canteen
Continued use of unit #01-XX as industrial canteen at one ka @ macpherson
6 Sept 2024RefusedFloor 1
Change of use to restaurant with live entertainment
Proposed change of use of #01-XX to restaurant with live entertainment

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).

How does Kampong Ampat price?

Key takeawayKampong Ampat's current JTC street rent is S$35.15 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 4.4% (4.0% net of property tax).

Strata sales on the street (5y)

Street median PSF (strata)

$801

Indicative street yield

4.4% gross

4.0% 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.

What is available at One Ka @ Macpherson right now?

Key takeaway38 units are currently listed at One Ka @ Macpherson — 24 for sale and 14 for rent. One row per unit; several agents often market the same unit.

For sale (24)

OneKA@MacPhersonS$1.58M · 1,808 sqft
OneKA @ Macpherson4 agentsS$2.68M · 3,681 sqft
OneKA @ MacphersonS$1.55M · 1,755 sqft
OneKA @ Macpherson3 agentsS$3.25M · 3,681 sqft

For rent (14)

OneKA @ MacphersonS$7k/mo · 1,755 sqft
OneKA @ Macpherson2 agentsS$12k/mo · 3,670 sqft
Canteen @ ONE KAS$35k/mo · 8,900 sqft
OneKA @ Macpherson2 agentsS$4k/mo · 200 sqft

Browse every listing at this building →

What is near One Ka @ Macpherson?

Key takeawayThe nearest MRT/LRT is Mattar MRT, about 667 m away.

Getting around

Mattar MRT667 m · ~10 min

Amenities nearby

Aft Jln Belangkas · 136 mYSL Aljunied Clinic & Surgery · 285 mMattar MRT Exit A · 618 mEducational Institution · 629 mBlks 79/79A Circuit Road · 757 mBusiness Park · 887 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at One Ka @ Macpherson

Key takeawayThe nearest station is Mattar (DT25), 618 m away — a quiet station, with 9,848 taps in and out on an average weekday. 20 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 87% of industrial buildings

nearest MRT/LRT Mattar (DT25) 618 m, about 9,848 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 5, about 5,855 taps a weekday; Toa Payoh: 53,749 resident workers (Census 2020, by workplace); about 42,000 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

Mattar (DT25)618 m · 9,848 weekday taps
Tai Seng (CC11)695 m · about 45,000 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 One Ka @ Macpherson. Transfers between lines don't tap, so interchanges read low.

Bus

5 bus stops within 400 m, with 5,855 boardings and alightings on an average weekday.

Public car parks within 500 m

Macpherson Road Area (URA)123 m
season S$90/month
Jln Mesin (URA)139 m
S$0.60 per half-hour at midday on a weekday · 8 car lots
Macpherson Rd (URA)141 m
S$0.60 per half-hour at midday on a weekday · 28 car lots
Upp Aljunied Link Off St (URA)187 m
S$0.60 per half-hour at midday on a weekday · 15 car lots
Kampong Ampat (URA)224 m
S$0.60 per half-hour at midday on a weekday · 14 car lots

Public car parks only, by straight-line distance, with the operator's published rates. One Ka @ Macpherson's own car park, if it has one, and its charges are not in the open data.

Who's registered at One Ka @ Macpherson?

Key takeaway129 live companies (and LLPs and branches; sole proprietors are not counted) list One Ka @ Macpherson as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
45
Transportation and storage
18
Financial and insurance
14
Administrative and support services
14
Professional, scientific and technical services
10
Real estate
6
Accommodation and food services
6
Other services
6
Construction
5
Manufacturing
2

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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$31.77 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$31.77 psm/mo
Observed range: S$5.69 – S$39.29

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.

Frequently asked questions about One Ka @ Macpherson

Where is One Ka @ Macpherson?⌄

One Ka @ Macpherson is at 1 Kampong Ampat, Singapore 368314, in the Toa Payoh planning area.

What is One Ka @ Macpherson zoned as?⌄

One Ka @ Macpherson 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 One Ka @ Macpherson?⌄

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 One Ka @ Macpherson?⌄

One Ka @ Macpherson is leasehold. About 36 years remain on the lease.

What have units at One Ka @ Macpherson sold for?⌄

Across 62 recorded transactions, the median is S$805 psf. The latest was in July 2026.

What does industrial space near One Ka @ Macpherson rent for?⌄

JTC's rental returns for Kampong Ampat put the median at about S$2.95 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Kampong Ampat, not a rent quoted for One Ka @ Macpherson itself.

What is the nearest MRT station to One Ka @ Macpherson?⌄

Mattar MRT is the closest, 667 m away (about a 10-minute walk).

How many businesses are registered at One Ka @ Macpherson?⌄

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

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Read the figures right

Completion year: the first quarter JTC records a TOP (Temporary Occupation Permit) at this address. JTC lists major industrial projects (7,000 sqm and up) from 2013; where an older building stood on the site, this is the current building's year.

Developer: as named on JTC's completion record, often the project company rather than the listed group.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from JTC industrial completions, BCA's MCST register, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.