IndustrialBUSINESS 1LeaseholdDistrict 23 · Bukit Batok

Prestige Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Mar 2026

Quick Summary

Prestige Centre is a industrial building in District 23 · Bukit Batok, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 31 years remaining. 150 transactions are on record since 1995, at a median S$240 psf, most recently in Mar 2026. 6 units are currently listed for sale or rent. ACRA records 215 live company registrations at this address.

The facts are here — now get the verdict on Prestige Centre.

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What are the key facts about Prestige Centre?

Key takeawayPrestige Centre is a industrial building in District 23 · Bukit Batok, zoned BUSINESS 1, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 23 · Bukit Batok
Address: 71 Bukit Batok Crescent
Land area: 3,109 sqm
Completed: 2005 (per EdgeProp)
Storeys: Not on record
Strata units (MCST): 84
Managing agent: 360 INTEGRATED FM & SM PTE LTD
Strata formed: 2005 (MCST 3011)
Units with a recorded sale: At least 73
Listed as: Light Industrial (B1), Office
Transactions on record: 150 (records start 1995)
Live listings: 6
ACRA registrations: 215

About Prestige Centre

Prestige Centre is an industrial building in Bukit Batok (District 23). It is located along Bukit Batok Crescent, Singapore 658071.

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 31 years left to run. It sits on about 3,109 sqm of land with roughly 7,772 sqm of gross floor area.

150 transactions have been recorded here, at a median of S$240 psf. The most recent was in March 2026.

Across JTC's rental returns for Bukit Batok Crescent, the median rent for industrial space on this street works out to about S$1.91 psf per month over 95 observations. Observed medians on the street span S$0.99 to S$2.67 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 4.6 km away. The closest business-park zone is about 1.2 km away. The closest bus stop (Toh Guan Ctr) is 164 m away (about a 3-minute walk).

258 businesses are currently registered at this address with ACRA.

What is Prestige Centre zoned as?

Key takeawayPrestige Centre 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 Prestige Centre sold for?

Key takeawayAcross 150 recorded transactions since 1995, the median price is about S$253k, most recently in Mar 2026.

Date	Use	Price	Area	PSF
Mar 2026	Multiple-user Factory	S$510k	1,109 sqft	$460
Nov 2025	Multiple-user Factory	S$560k	1,109 sqft	$505
Jul 2025	Multiple-user Factory	S$490k	1,109 sqft	$442
Jul 2025	Multiple-user Factory	S$352k	689 sqft	$511
May 2025	Multiple-user Factory	S$321k	667 sqft	$481
Apr 2025	Multiple-user Factory	S$335k	700 sqft	$479
Apr 2025	Multiple-user Factory	S$335k	700 sqft	$479
Feb 2025	Multiple-user Factory	S$398k	829 sqft	$480
Jul 2024	Multiple-user Factory	S$417k	893 sqft	$467
Apr 2024	Multiple-user Factory	S$467k	1,109 sqft	$421

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 Prestige Centre rent for?

Key takeawayJTC publishes leases at Prestige Centre itself: strata factory space leased at a median of $2.37 psf a month in 2026Q3, with the middle half of leases between $2.32 and $2.55. 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 · 2026Q3

25th pct

$2.32

$24.93 psm

Median

$2.37

$25.55 psm

75th pct

$2.55

$27.47 psm

S$ per sq ft per month · median -9.2% on a year earlier

2023Q1 · $28.90 psm2026Q3 · $25.55 psm median

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 Bukit Batok Crescent

Street level · 2026Q3

25th pct

—

— psm

Median

$2.62

$28.18 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +3.6% on a year earlier

2023Q4 · $27.61 psm2026Q3 · $28.18 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 Prestige Centre

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 Prestige Centre

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 2 units for rent; 4 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 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, 0 new listings appeared and 1 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 Prestige Centre?

Key takeawayURA has approved 2 changes of use at Prestige Centre since 2000, most recently in 2014, and refused 1. 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.

18 Aug 2017RenewedFloor 7
Continued use as industrial training
Continued use of unit #07-XX of an existing 12-storey multiple-user industrial flatted factory as industrial training
26 Aug 2014ApprovedFloor 7
Change of use to industrial training
Change of use of unit #07-XX of an existing 12-storey multiple-user industrial flatted factory to industrial training on lot 07960a mk05 at 71 bukit batok crescent (bukit batok planning area)
17 Jul 2014RefusedFloor 7
Change of use to commercial school
Change of use of unit #07-XX of an existing 12-storey multiple-user industrial flatted factory to commercial school on lot 07960a mk05 at 71 bukit batok crescent (bukit batok planning area)
1 Dec 2009ApprovedFloor 2
Change of use to cafeteria
Proposed change of use of ancillary canteen (unit #02-XX) of existing 12-storey multiple user industrial flatted factory to cafeteria

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 Bukit Batok Crescent price?

Key takeawayBukit Batok Crescent's current JTC street rent is S$28.18 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 7.4% (6.7% net of property tax).

Strata sales on the street (5y)

384

Street median PSF (strata)

$406

Indicative street yield

7.4% gross

6.7% 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 Prestige Centre right now?

Key takeaway6 units are currently listed at Prestige Centre — 4 for sale and 2 for rent. One row per unit; several agents often market the same unit.

For sale (4)

Prestige CentreS$800k · 2,171 sqft
Prestige Centre2 agentsS$528k · 1,109 sqft
Prestige Centre2 agentsS$537k · 1,076 sqft
Prestige Centre2 agentsS$500k · 893 sqft

For rent (2)

Prestige Centre2 agentsS$1k/mo · 140 sqft
Prestige Centre2 agentsS$6k/mo · 2,702 sqft

Browse every listing at this building →

What is near Prestige Centre?

Amenities nearby

Toh Guan Ctr · 164 mEducational Institution · 671 mPlatinum Medical Centre @Dorm · 725 mJurong Community Hospital · 1.2 kmBusiness Park · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Prestige Centre

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Bukit Batok, 1.4 km away. No public car park we hold is within 500 m; the nearest is Blk 291F Bukit Batok Street 24 (HDB), 516 m away; the nearest URA season parking is Hillview Terrace, 1.6 km away (S$90/month).

Foot traffic: busier than 55% of industrial buildings

no MRT/LRT within 1 km (nearest Bukit Batok, 1.4 km); bus stops within 400 m: 8, about 8,410 taps a weekday; Bukit Batok: 33,792 resident workers (Census 2020, by workplace); about 22,000 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.

Bus

8 bus stops within 400 m, with 8,410 boardings and alightings on an average weekday.

Who's registered at Prestige Centre?

Key takeaway215 live companies (and LLPs and branches; sole proprietors are not counted) list Prestige Centre as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
58
Professional, scientific and technical services
43
Construction
17
Administrative and support services
17
Financial and insurance
16
Information and communications
15
Manufacturing
15
Transportation and storage
12
Accommodation and food services
10
Real estate
7

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$20.56 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$20.56 psm/mo
Observed range: S$10.69 – S$28.73

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 Prestige Centre

Where is Prestige Centre?⌄

Prestige Centre is at 71 Bukit Batok Crescent, Singapore 658071, in the Bukit Batok planning area.

What is Prestige Centre zoned as?⌄

Prestige 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 Prestige 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 Prestige Centre?⌄

Prestige Centre is leasehold. About 31 years remain on the lease.

What have units at Prestige Centre sold for?⌄

Across 150 recorded transactions, the median is S$240 psf. The latest was in March 2026.

What does industrial space near Prestige Centre rent for?⌄

JTC's rental returns for Bukit Batok Crescent put the median at about S$1.91 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Bukit Batok Crescent, not a rent quoted for Prestige Centre itself.

How many businesses are registered at Prestige Centre?⌄

258 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: as EdgeProp states it, not checked against an official record. Sales records start in 1995, which says nothing about when a building was built.

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.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

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 EdgeProp, BCA's MCST register, URA planning decisions, HDB car park information (data.gov.sg), 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.