IndustrialBUSINESS 1LeaseholdDistrict 23 · Bukit Batok

Shatec

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2026

Quick Summary

Shatec 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. 2 transactions are on record since 1995, most recently in Jul 2026. 1 unit is currently listed for sale. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on Shatec.

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What are the key facts about Shatec?

Key takeawayShatec 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: 21 Bukit Batok Street 22
Land area: —
Completed: Not on record
Storeys: Not on record
Estate (JTC): Bukit Batok Industrial Park A
Listed as: Light Industrial (B1)
Transactions on record: 2 (records start 1995)
Live listings: 1
ACRA registrations: 0

About Shatec

Shatec is an industrial building in Bukit Batok (District 23). It is located along Bukit Batok Street 22, Singapore 659589.

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 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

2 transactions have been recorded here, at a median of S$222 psf. The most recent was in July 2026.

Across JTC's rental returns for Bukit Batok Street 22, the median rent for industrial space on this street works out to about S$1.70 psf per month over 9 observations. Observed medians on the street span S$1.35 to S$2.15 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 11,140 sqm of gross floor area, the earliest due around 2026.

The nearest port or airport land is about 4.6 km away. The closest business-park zone is about 1.4 km away. The nearest MRT is Bukit Batok MRT, 561 m away (about a 9-minute walk). The closest bus stop (Bt View Sec Sch) is 216 m away (about a 3-minute walk).

2 businesses are currently registered at this address with ACRA.

What is Shatec zoned as?

Key takeawayShatec 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 Shatec sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jul 2026 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Jul 2026	Single-user Factory	S$11.88M	40,901 sqft	$290
Feb 2001	Single-user Factory	S$6.30M	40,901 sqft	$154

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

Market context around Shatec

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 Shatec

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for sale.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 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.

What's been approved at Shatec?

Key takeawayURA has approved 1 change of use at Shatec since 2000, most recently in 2018. 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.

7 Oct 2022Renewed
Continued use as industrial canteen
Continued use of the 1st storey food presentation laboratory and reception hall as industrial canteen
19 Sept 2018Approved
Change of use to industrial canteen
Proposed change of use of the 1st storey food presentation laboratory and reception hall to industrial canteen on lot 05882k mk05 at 21 bukit batok street 22 - shatec (bukit batok planning area)
11 Feb 2005Approved
Additions & alterations
Proposed temporary cabin at the rear of an existing 3-storey factory block
9 Nov 2001Approved
Additions & alterations
Proposed additions & alterations and retention works to the existing 3-storey factory (for use as food catering with ancillary training centre)

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).

What is available at Shatec right now?

Key takeaway1 unit is currently listed at Shatec. One row per unit; several agents often market the same unit.

For sale (1)

21 Bukit Batok Street 22S$18.00M · 64,548 sqft

Browse every listing at this building →

What is near Shatec?

Key takeawayThe nearest MRT/LRT is Bukit Batok MRT, about 561 m away.

Getting around

Bukit Batok MRT561 m · ~9 min

Amenities nearby

Bt View Sec Sch · 216 mEducational Institution · 217 mStarcare Clinic And Surgery · 267 mBukit Batok MRT Exit D · 502 mSt Luke's Hospital · 1.1 kmBusiness Park · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Shatec

Key takeawayThe nearest station is Bukit Batok (NS2), 502 m away — a busy station, with about 63,000 taps in and out on an average weekday. 5 public car parks are within 500 m.

Foot traffic: busier than 82% of industrial buildings

nearest MRT/LRT Bukit Batok (NS2) 502 m, about 63,000 taps a weekday; bus stops within 400 m: 6, about 3,928 taps a weekday; Bukit Batok: 33,792 resident workers (Census 2020, by workplace); about 59,000 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

Bukit Batok (NS2)502 m · about 63,000 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 Shatec. Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with 3,928 boardings and alightings on an average weekday.

Public car parks within 500 m

210A Bukit Batok Street 21 (HDB)153 m
S$0.60 per half-hour at midday on a weekday
Blk 297 - 299 Bukit Batok St 22 Bukit Batok Street 22 (HDB)297 m
S$0.60 per half-hour at midday on a weekday · 241 car lots
Blk 201/211 Bukit Batok Street 21 (HDB)337 m
S$0.60 per half-hour at midday on a weekday · gantry 3.8 m · 775 car lots
Blk 296 Bukit Batok Street 22 (HDB)400 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m
Blk 274A Toh Guan Road (HDB)420 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 1,294 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: Hillview Terrace, 1.3 km away, S$90/month.

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

Who's registered at Shatec?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list Shatec as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
0
Accommodation and food services
0
Professional, scientific and technical services
0
Administrative and support services
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$18.30 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$18.30 psm/mo
Observed range: S$14.57 – S$23.14
Pipeline on this street: 1 project · earliest TOP 2026

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 Shatec

Where is Shatec?⌄

Shatec is at 21 Bukit Batok Street 22, Singapore 659589, in the Bukit Batok planning area.

What is Shatec zoned as?⌄

Shatec 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 Shatec?⌄

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 Shatec?⌄

Shatec is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Shatec sold for?⌄

Across 2 recorded transactions, the median is S$222 psf. The latest was in July 2026.

What does industrial space near Shatec rent for?⌄

JTC's rental returns for Bukit Batok Street 22 put the median at about S$1.70 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Bukit Batok Street 22, not a rent quoted for Shatec itself.

What is the nearest MRT station to Shatec?⌄

Bukit Batok MRT is the closest, 561 m away (about a 9-minute walk).

How many businesses are registered at Shatec?⌄

2 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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Read the figures right

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

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.

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".

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 estate boundaries, URA planning decisions, HDB car park information (data.gov.sg), 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.