IndustrialBUSINESS 1FreeholdDistrict 19 · Hougang

Primax

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2026
Quick Summary

Primax is a industrial building in District 19 · Hougang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 106 transactions are on record since 1995, most recently in Jun 2026. 28 units are currently listed for sale or rent. ACRA records 205 live company registrations at this address.

1

What are the key facts about Primax?

Key takeawayPrimax is a industrial building in District 19 · Hougang, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 19 · Hougang
Address
22 New Industrial Road
Land area
Transactions on record
106 (records start 1995)
Live listings
28
ACRA registrations
205
2

About Primax

Primax is an industrial building in Hougang (District 19). It is located along New Industrial Road, Singapore 536208.

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.

106 transactions have been recorded here, at a median of S$635 psf. The most recent was in June 2026.

Across JTC's rental returns for New Industrial Road, the median rent for industrial space on this street works out to about S$2.03 psf per month over 104 observations. Observed medians on the street span S$0.88 to S$2.86 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

2 industrial projects are still uncompleted on this street, adding about 15,440 sqm of gross floor area, the earliest due around 2028.

The nearest port or airport land is about 7.2 km away. The closest business-park zone is about 295 m away. The nearest MRT is Bartley MRT, 713 m away (about a 11-minute walk). The closest bus stop (Blk 181) is 303 m away (about a 5-minute walk).

205 businesses are currently registered at this address with ACRA.

3

What is Primax zoned as?

Key takeawayPrimax 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 Primax sold for?

Key takeawayAcross 106 recorded transactions since 1995, the median price is about S$1.84M, most recently in Jun 2026.
DateUsePriceAreaPSF
Jun 2026Multiple-user FactoryS$2.00M2,939 sqft$681
Feb 2026Multiple-user FactoryS$2.18M2,799 sqft$779
Jan 2026Multiple-user FactoryS$2.00M2,896 sqft$691
Jan 2026Multiple-user FactoryS$2.22M2,939 sqft$755
Dec 2025Multiple-user FactoryS$2.16M2,906 sqft$743
Nov 2025Multiple-user FactoryS$1.90M2,939 sqft$647
Nov 2025Multiple-user FactoryS$2.06M2,917 sqft$706
Oct 2025Multiple-user FactoryS$1.90M2,928 sqft$649
Aug 2025Multiple-user FactoryS$2.00M2,637 sqft$758
Aug 2025Multiple-user FactoryS$1.88M2,939 sqft$640

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 New Industrial Road price?

Key takeawayNew Industrial Road's current JTC street rent is S$30.78 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 4.7% (4.3% net of property tax).
Strata sales on the street (5y)
96
Street median PSF (strata)
$718
Indicative street yield
4.7% gross
4.3% 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.

6

What is available at Primax right now?

Key takeaway28 units are currently listed at Primax19 for sale and 9 for rent. One row per unit; several agents often market the same unit.

For sale (19)

  • Primax2 agentsS$2.40M · 2,896 sqft
  • Primax2 agentsS$2.50M · 2,906 sqft
  • Primax3 agentsS$2.30M · 1,625 sqft
  • Primax2 agentsS$2.10M · 2,680 sqft

For rent (9)

  • Primax2 agentsS$5k/mo · 2,798 sqft
  • Primax3 agentsS$5k/mo · 2,680 sqft
  • Primax3 agentsS$5k/mo · 2,798 sqft
  • Primax2 agentsS$4k/mo · 2,896 sqft

Browse every listing at this building →

7

What is near Primax?

Key takeawayThe nearest MRT/LRT is Bartley MRT, about 713 m away.

Getting around

Amenities nearby

Educational Institution · 99 mBusiness Park · 295 mBlk 181 · 303 mKong Kian Clinic · 439 mBartley MRT Exit A · 710 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Primax?

Key takeawayACRA records 205 live company registrations at this address, 63 of them in the last three years.
Live registrations
205
Registered last 3 years
63

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$21.86 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$21.86 psm/mo
Observed range
S$9.46 – S$30.78
Pipeline on this street
2 projects · earliest TOP 2028

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 Primax

Where is Primax?

Primax is at 22 New Industrial Road, Singapore 536208, in the Hougang planning area.

What is Primax zoned as?

Primax 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 Primax?

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 Primax?

Primax is freehold.

What have units at Primax sold for?

Across 106 recorded transactions, the median is S$635 psf. The latest was in June 2026.

What does industrial space near Primax rent for?

JTC's rental returns for New Industrial Road put the median at about S$2.03 psf per month. That is a street-level figure from undated snapshots covering all industrial space on New Industrial Road, not a rent quoted for Primax itself.

What is the nearest MRT station to Primax?

Bartley MRT is the closest, 713 m away (about a 11-minute walk).

How many businesses are registered at Primax?

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

For agents · in the PropKaki app

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