IndustrialBUSINESS 1LeaseholdDistrict 3 · Bukit Merah

Shriro House

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2013

Quick Summary

Shriro House 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 31 years remaining. 1 transaction is on record since 1995, most recently in Dec 2013. 7 units are currently listed for sale or rent. ACRA records 14 live company registrations at this address.

The facts are here — now get the verdict on Shriro House.

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What are the key facts about Shriro House?

Key takeawayShriro House is a industrial building in District 3 · Bukit Merah, zoned BUSINESS 1, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 3 · Bukit Merah
Address: 11 Etc Chang Charn Road
Land area: 3,203 sqm
Completed: Not on record
Storeys: 5 (© OpenStreetMap contributors)
Owner: ESR REIT (SGX filings)
Estate (JTC): Alexandra Village Industrial Estate
Listed as: Light Industrial (B1)
Transactions on record: 1 (records start 1995)
Live listings: 7
ACRA registrations: 14

Who owns Shriro House, and what is it valued at?

Key takeawayShriro House is owned by ESR REIT, a REIT listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.

11 Chang Charn Road

Valued at S$36 million as at 31 Dec 2025, by Colliers International Consultancy & Valuation (Singapore) Pte Ltd.

per ESR REIT's SGX filing, 4 Feb 2026

Earlier: S$33.8 million (31 Dec 2024) · S$27.7 million (31 Dec 2023) · S$28.2 million (31 Dec 2022)

Whole-building deals

Announced 20 Dec 2013 · completed 31 Mar 2014
RBC Investor Services Trust Singapore Limited, in its capacity as trustee of CIT bought 11 Chang Charn Road for S$32 million (purchase consideration) from Shriro Property (Singapore) Pte Ltd.
Announcement on SGX · completion notice

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

About Shriro House

Shriro House is an industrial building in Bukit Merah (District 03). It is located along Etc Chang Charn Road, Singapore 159640.

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 3,203 sqm of land with roughly 8,007 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$820 psf. The most recent was in December 2013.

The nearest port or airport land is about 2.6 km away. The closest business-park zone is about 1.8 km away. The nearest MRT is Redhill MRT, 611 m away (about a 10-minute walk). The closest bus stop (Shriro Hse) is 42 m away (about a 1-minute walk).

15 businesses are currently registered at this address with ACRA.

What is Shriro House zoned as?

Key takeawayShriro House 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 Shriro House sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2013 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Dec 2013	Single-user Factory	S$32.00M	39,028 sqft	$820

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 Shriro House

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 Shriro House

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 6 units for rent; 1 unit for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 0 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 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 is available at Shriro House right now?

Key takeaway7 units are currently listed at Shriro House — 1 for sale and 6 for rent. One row per unit; several agents often market the same unit.

For sale (1)

Rare Corner Industrial Building with Prominent FrontageS$10.00M · 10,426 sqft

For rent (6)

11 Chang Charn RdS$14k/mo · 5,120 sqft
Shriro HouseS$13k/mo · 5,000 sqft
11 Chang Charn RoadS$8k/mo · 3,038 sqft
11 Chung Charn RoadS$18k/mo · 5,120 sqft

Browse every listing at this building →

What is near Shriro House?

Key takeawayThe nearest MRT/LRT is Redhill MRT, about 611 m away.

Getting around

Redhill MRT611 m · ~10 min

Amenities nearby

Educational Institution · 38 mShriro Hse · 43 mBukit Merah Clinic · 257 mABC Brickworks Market & Food Centre · 399 mRedhill MRT Exit A · 633 mAlexandra Hospital · 1.3 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Shriro House

Key takeawayThe nearest station is Redhill (EW18), 611 m away — a moderately busy station, with about 39,000 taps in and out on an average weekday. 21 public car parks are within 500 m.

Foot traffic: busier than 93% of industrial buildings

nearest MRT/LRT Redhill (EW18) 611 m, about 39,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 14, about 11,000 taps a weekday; Bukit Merah: 103,575 resident workers (Census 2020, by workplace); about 52,000 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

Redhill (EW18)611 m · about 39,000 weekday taps
Queenstown (EW19)867 m · about 36,000 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 Shriro House. Transfers between lines don't tap, so interchanges read low.

Bus

14 bus stops within 400 m, with about 11,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Chang Charn Rd (URA)66 m
S$0.60 per half-hour at midday on a weekday · 11 car lots
Blk 49/50 Hoy Fatt Road (HDB)79 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 8 car lots
Kung Chong Rd (URA)156 m
S$0.60 per half-hour at midday on a weekday · 27 car lots
Blk 37A Jalan Rumah Tinggi (HDB)158 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 428 car lots
Blk 44/47 Lengkok Bahru (HDB)190 m
S$0.60 per half-hour at midday on a weekday · 143 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: Queensway Off St (Ride Out Tea Garden), 2.1 km away, S$90/month.

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

Who's registered at Shriro House?

Key takeaway14 live companies (and LLPs and branches; sole proprietors are not counted) list Shriro House as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
6
Information and communications
4
Education
2
Professional, scientific and technical services
1
Administrative and support services
1
Financial and insurance
0
Construction
0
Transportation and storage
0
Accommodation and food services
0
Arts, entertainment and recreation
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.

Frequently asked questions about Shriro House

Where is Shriro House?⌄

Shriro House is at 11 Etc Chang Charn Road, Singapore 159640, in the Bukit Merah planning area.

What is Shriro House zoned as?⌄

Shriro House 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 Shriro House?⌄

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 Shriro House?⌄

Shriro House is leasehold. About 31 years remain on the lease.

What have units at Shriro House sold for?⌄

Across 1 recorded transaction, the median is S$820 psf. The latest was in December 2013.

What is the nearest MRT station to Shriro House?⌄

Redhill MRT is the closest, 611 m away (about a 10-minute walk).

How many businesses are registered at Shriro House?⌄

15 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.

Owner: the REIT or SGX-listed company whose latest valuation notice or annual report lists this building (a later divestment removes it). '(N% interest)' or '(part of the strata)' when it holds less than the whole. A building with no listed owner shows none — a private owner is never named.

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.

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 JTC estate boundaries, URA planning decisions, the owner's SGX filings, URA car park data (URA Data Service), 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.

Owners, valuations and deals: the owners' own filings on SGX (notices of valuation of real assets, acquisition and divestment announcements, annual reports), facts only, each with its date.

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.