Petro Centre
Petro Centre is a industrial building in District 3 · Bukit Merah, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 34 years remaining. 42 transactions are on record since 1995, most recently in Oct 2025. 8 units are currently listed for rent. ACRA records 73 live company registrations at this address.
What are the key facts about Petro Centre?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 3 · Bukit Merah
- Address
- 5 Jalan Kilang Barat
- Land area
- 2,471 sqm
- Transactions on record
- 42 (records start 1995)
- Live listings
- 8
- ACRA registrations
- 73
About Petro Centre
Petro Centre is an industrial building in Bukit Merah (District 03). It is located along Jalan Kilang Barat, Singapore 159349.
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 34 years left to run. It sits on about 2,471 sqm of land with roughly 6,176 sqm of gross floor area.
42 transactions have been recorded here, at a median of S$338 psf. The most recent was in October 2025.
Across JTC's rental returns for Jalan Kilang Barat, the median rent for industrial space on this street works out to about S$2.77 psf per month over 87 observations. Observed medians on the street span S$1.38 to S$3.40 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 2.0 km away. The closest business-park zone is about 1.3 km away. The closest bus stop (Opp Blk 28) is 180 m away (about a 3-minute walk).
73 businesses are currently registered at this address with ACRA.
What is Petro Centre zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has Petro Centre sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Oct 2025 | Multiple-user Factory | S$960k | 1,744 sqft | $551 |
| Nov 2022 | Multiple-user Factory | S$928k | 1,755 sqft | $529 |
| Sept 2022 | Multiple-user Factory | S$950k | 1,830 sqft | $519 |
| Mar 2021 | Multiple-user Factory | S$1.38M | 2,896 sqft | $477 |
| Dec 2019 | Multiple-user Factory | S$2.30M | 5,974 sqft | $385 |
| Jan 2015 | Multiple-user Factory | S$2.38M | 5,974 sqft | $398 |
| Mar 2014 | Multiple-user Factory | S$715k | 1,152 sqft | $621 |
| Nov 2012 | Multiple-user Factory | S$675k | 1,109 sqft | $609 |
| Mar 2012 | Multiple-user Factory | S$603k | 1,152 sqft | $524 |
| Jul 2010 | Multiple-user Factory | S$810k | 1,830 sqft | $443 |
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.
How does Jalan Kilang Barat price?
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 Petro Centre right now?
For rent (8)
- City-Fringe Light Industrial Business SpaceS$11k/mo · 2,960 sqft
- Petro Centre4 agentsS$18k/mo · 4,768 sqft
- Petro CentreS$7k/mo · 1,744 sqft
- Petro Centre2 agentsS$11k/mo · 2,900 sqft
What is near Petro Centre?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Petro Centre?
- Live registrations
- 73
- Registered last 3 years
- 11
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.
What does industrial space rent for on this street?
- Street rent, median
- S$29.87 psm/mo
- Observed range
- S$14.89 – S$36.59
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 Petro Centre
Where is Petro Centre?⌄
Petro Centre is at 5 Jalan Kilang Barat, Singapore 159349, in the Bukit Merah planning area.
What is Petro Centre zoned as?⌄
Petro Centre 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 Petro Centre?⌄
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 Petro Centre?⌄
Petro Centre is leasehold. About 34 years remain on the lease.
What have units at Petro Centre sold for?⌄
Across 42 recorded transactions, the median is S$338 psf. The latest was in October 2025.
What does industrial space near Petro Centre rent for?⌄
JTC's rental returns for Jalan Kilang Barat put the median at about S$2.77 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Jalan Kilang Barat, not a rent quoted for Petro Centre itself.
How many businesses are registered at Petro Centre?⌄
73 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on Petro Centre.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.