Sime Darby Business Centre

Asset class

Industrial

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Tenure

Leasehold

District / Area

District 3 · Bukit Merah

Address

315 Alexandra Road

Land area

7,720 sqm

Completed

Not on record

Storeys

5 (© OpenStreetMap contributors)

Estate (JTC)

Alexandra Village Industrial Estate

Transactions on record

3 (records start 1995)

Live listings

None

ACRA registrations

3

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.

Sime Darby Business Centre is an industrial building in Bukit Merah (District 03). It is located along Alexandra Road, Singapore 159944.

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 29 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 7,720 sqm of land with roughly 16,647 sqm of gross floor area.

3 transactions have been recorded here, at a median of S$818 psf. The most recent was in October 2025.

Across JTC's rental returns for Alexandra Road, the median rent for industrial space on this street works out to about S$3.42 psf per month over 98 observations. Observed medians on the street span S$0.94 to S$4.20 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 2.2 km away. The closest business-park zone is about 1.3 km away. The nearest MRT is Queenstown MRT, 642 m away (about a 10-minute walk). The closest bus stop (Bef IKEA Ind Bldg) is 42 m away (about a 1-minute walk).

5 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Run the full zoning report for this building →

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

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.

1. 9 Jan 2026Approved
   Additions & alterations

   Proposed addition and alteration to the roof storey of existing part5-storey/3-storey single-user light industrial development with basementcarpark

2. 7 Aug 2024ApprovedFloor 5
   Change of use to e-business use

   Proposed change of use of #05-XX sime darby business centre as e-business use

3. 14 Nov 2018ApprovedFloor 4
   Change of use to e-business space

   Proposed change of use of unit #04-XX to e-business space at existing single-user light industrial development, sime darby business centre

4. 30 Nov 2017Approved
   Additions & alterations

   Proposed addition and alteration to the existing part 5-storey/3-storey single-user light industrial development with basement carpark

5. 6 Sept 2016RenewedFloor 5
   Continued use as e-business

   Continued use of the 5th storey factory unit #05-XX as e-business (software development)

6. 2 Mar 2015RenewedFloor 4
   Continued use as type 1 e-business

   Continued use of the 4th storey factory unit #04-XX as type 1 e-business (software development)

7. 30 Sept 2014Approved
   Additions & alterations

   Proposed addition and alteration to the existing part 5-storey / part 3 storey factory with basement carpark on lot 1957 mk 01 at 315 alexandra road singapore 159944

8. 23 Oct 2013ApprovedFloor 4
   Change of use to software and hardware development & testing

   Change of use of industrial unit #04-XX to software and hardware development & testing at 315 alexandra road

9. 21 Aug 2013RenewedFloor 5
   Continued use as type 1 e-business

   Continued use of the 5th storey factory unit (#05-XX) at sime darby business centre as type 1 e-business (software development)

10. 30 Mar 2012ApprovedFloor 4
    Change of use to type 1 e-business

    Change of use of the 4th storey factory unit (#04-XX) at sime darby business centre to type 1 e-business (software development)

11. 23 Aug 2011ApprovedFloor 5
    Change of use to type 1 e-business

    Change of use of the 5th storey factory unit (#05-XX) at sime darby business centre to type 1 e-business (software development)

12. 8 Apr 2011ApprovedFloor 3
    Change of use to type 1 e-business

    Change of use of the 3rd storey factory unit (#03-XX) at sime darby business centre to type 1 e-business (software development and services)

3 earlier change-of-use and A&A decisions are on record since 2000.

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).

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.

Straight-line distances. Source: PropKaki amenities data.

• Wholesale and retail trade
  2
• Other services
  1
• Financial and insurance
  0
• Information and communications
  0
• Manufacturing
  0
• Professional, scientific and technical services
  0
• Transportation and storage
  0
• Education
  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.

Street rent, median

S$36.81 psm/mo

Observed range

S$10.09 – S$45.21

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.