IndustrialBUSINESS 1FreeholdDistrict 20 · Bishan

Prime Industrial Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2017

Quick Summary

Prime Industrial Building is a industrial building in District 20 · Bishan, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 13 transactions are on record since 1995, at a median S$302 psf, most recently in Nov 2017. 8 units are currently listed for rent. ACRA records 12 live company registrations at this address.

The facts are here — now get the verdict on Prime Industrial Building.

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What are the key facts about Prime Industrial Building?

Key takeawayPrime Industrial Building is a industrial building in District 20 · Bishan, zoned BUSINESS 1, held freehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Freehold
District / Area: District 20 · Bishan
Address: 39b Jalan Pemimpin
Land area: 1,416 sqm
Completed: Not on record
Storeys: 7 (© OpenStreetMap contributors)
Strata units (MCST): 68
Managing agent: PROPMAN PTE LTD
Strata formed: 1987 (MCST 1565)
Units with a recorded sale: At least 8
Listed as: Light Industrial (B1), Warehouse
Transactions on record: 13 (records start 1995)
Live listings: 8
ACRA registrations: 12

About Prime Industrial Building

Prime Industrial Building is an industrial building in Bishan (District 20). It is located along Jalan Pemimpin, Singapore 577184.

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. It sits on about 1,416 sqm of land with roughly 3,540 sqm of gross floor area.

13 transactions have been recorded here, at a median of S$302 psf. The most recent was in November 2017.

Across JTC's rental returns for Jalan Pemimpin, the median rent for industrial space on this street works out to about S$1.80 psf per month over 106 observations. Observed medians on the street span S$0.88 to S$2.67 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

1 industrial project is still uncompleted on this street, adding about 9,880 sqm of gross floor area, the earliest due around 2027.

The nearest port or airport land is about 6.5 km away. The nearest MRT is Marymount MRT, 205 m away (about a 3-minute walk). The closest bus stop (Opp Marymount Stn) is 142 m away (about a 2-minute walk).

15 businesses are currently registered at this address with ACRA.

What is Prime Industrial Building zoned as?

Key takeawayPrime Industrial Building 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 Prime Industrial Building sold for?

Key takeawayAcross 13 recorded transactions since 1995, the median price is about S$1.28M, most recently in Nov 2017.

Date	Use	Price	Area	PSF
Nov 2017	Multiple-user Factory	S$3.90M	5,726 sqft	$681
Dec 2014	Multiple-user Factory	S$2.95M	4,607 sqft	$640
Apr 2010	Multiple-user Factory	S$1.55M	4,607 sqft	$336
Oct 2007	Multiple-user Factory	S$1.28M	4,607 sqft	$278
Jan 2006	Multiple-user Factory	S$185k	936 sqft	$198
Aug 2001	Multiple-user Factory	S$920k	4,607 sqft	$200
Oct 1999	Multiple-user Factory	S$1.39M	4,607 sqft	$302
Sept 1999	Multiple-user Factory	S$2.35M	5,726 sqft	$410
May 1999	Multiple-user Factory	S$1.25M	4,607 sqft	$271
Mar 1999	Multiple-user Factory	S$546k	1,765 sqft	$309

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 Prime Industrial Building rent for?

Key takeawayNo rent is published for Prime Industrial Building itself. On its street, Jalan Pemimpin, strata factory space rented at a median of $2.65 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Jalan Pemimpin

Street level · 2026Q3

25th pct

—

— psm

Median

$2.65

$28.52 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +6% on a year earlier

2023Q4 · $25.91 psm2026Q3 · $28.52 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 Prime Industrial Building

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 Prime Industrial Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 8 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 2 new listings appeared and 0 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.

How does Jalan Pemimpin price?

Key takeawayJalan Pemimpin's current JTC street rent is S$28.52 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 2.9% (2.6% net of property tax).

Strata sales on the street (5y)

Street median PSF (strata)

$1,091

Indicative street yield

2.9% gross

2.6% 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 Prime Industrial Building right now?

Key takeaway8 units are currently listed at Prime Industrial Building. One row per unit; several agents often market the same unit.

For rent (8)

Prime Industrial BuildingS$5k/mo · 1,636 sqft
Prime Industrial Building5 agentsS$10k/mo · 3,000 sqft
Prime Industrial Building3 agentsS$10k/mo · 3,000 sqft
Prime Industrial Building7 agentsS$11k/mo · 3,000 sqft

Browse every listing at this building →

What is near Prime Industrial Building?

Key takeawayThe nearest MRT/LRT is Marymount MRT, about 205 m away.

Getting around

Marymount MRT205 m · ~3 min

Amenities nearby

Opp Marymount Stn · 142 mMarymount MRT Exit B · 220 mEducational Institution · 223 mBlk 320 Shunfu Road · 530 mHorizon Medical Centre · 613 mMount Alvernia Hospital · 944 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Prime Industrial Building

Key takeawayThe nearest station is Marymount (CC16), 205 m away — a moderately busy station, with about 17,000 taps in and out on an average weekday. One public car park is within 500 m.

Foot traffic: busier than 88% of industrial buildings

nearest MRT/LRT Marymount (CC16) 205 m, about 17,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 6, about 4,944 taps a weekday; Bishan: 28,932 resident workers (Census 2020, by workplace); about 36,000 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

Marymount (CC16)205 m · about 17,000 weekday taps
Bishan (NS17 / CC15)804 m · about 60,000 weekday taps
Upper Thomson (TE8)918 m · about 21,000 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 Prime Industrial Building. Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with 4,944 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 301-313 Shunfu Road (HDB)333 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 607 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Nearest URA season parking: Toa Payoh West, 1.6 km away, S$90/month.

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

Who's registered at Prime Industrial Building?

Key takeaway12 live companies (and LLPs and branches; sole proprietors are not counted) list Prime Industrial Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
2
Financial and insurance
2
Construction
2
Professional, scientific and technical services
1
Information and communications
1
Manufacturing
1
Administrative and support services
1
Transportation and storage
1
Arts, entertainment and recreation
1
Education
0

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$19.34 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$19.34 psm/mo
Observed range: S$9.46 – S$28.70
Pipeline on this street: 1 project · earliest TOP 2027

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 Prime Industrial Building

Where is Prime Industrial Building?⌄

Prime Industrial Building is at 39B Jalan Pemimpin, Singapore 577184, in the Bishan planning area.

What is Prime Industrial Building zoned as?⌄

Prime Industrial Building 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 Prime Industrial Building?⌄

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 Prime Industrial Building?⌄

Prime Industrial Building is freehold.

What have units at Prime Industrial Building sold for?⌄

Across 13 recorded transactions, the median is S$302 psf. The latest was in November 2017.

What does industrial space near Prime Industrial Building rent for?⌄

JTC's rental returns for Jalan Pemimpin put the median at about S$1.80 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Jalan Pemimpin, not a rent quoted for Prime Industrial Building itself.

What is the nearest MRT station to Prime Industrial Building?⌄

Marymount MRT is the closest, 205 m away (about a 3-minute walk).

How many businesses are registered at Prime Industrial Building?⌄

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

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

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.

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.

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".

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

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 BCA's MCST register, HDB car park information (data.gov.sg), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — 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.