IndustrialBUSINESS 1LeaseholdDistrict 3 · Bukit Merah

Sime Darby Business Centre

Reviewed by Nathan TangUpdated 10 August 2026Data through Oct 2025
Quick Summary

Sime Darby Business Centre 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 29 years remaining. 3 transactions are on record since 1995, most recently in Oct 2025. ACRA records 5 live company registrations at this address.

1

What are the key facts about Sime Darby Business Centre?

Key takeawaySime Darby Business Centre 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
315 Alexandra Road
Land area
7,720 sqm
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
5
2

About Sime Darby Business Centre

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.

3

What is Sime Darby Business Centre zoned as?

Key takeawaySime Darby Business Centre 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 Sime Darby Business Centre sold for?

Key takeaway3 transactions are on record since 1995, most recently in Oct 2025 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Oct 2025Multiple-user FactoryS$55.00M83,102 sqft$662
Jul 2023Multiple-user FactoryS$68.00M83,102 sqft$818
Jan 2021Multiple-user FactoryS$102.00M83,102 sqft$1,227

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 Alexandra Road price?

Key takeawayAlexandra Road's current JTC street rent is S$39.29 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 12.0% (10.8% net of property tax).
Strata sales on the street (5y)
31
Street median PSF (strata)
$366
Indicative street yield
12.0% gross
10.8% 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 near Sime Darby Business Centre?

Key takeawayThe nearest MRT/LRT is Queenstown MRT, about 643 m away.

Getting around

Amenities nearby

Bef IKEA Ind Bldg · 42 mMeden Clinic & Surgery · 86 mABC Brickworks Market & Food Centre · 288 mEducational Institution · 320 mQueenstown MRT Exit A · 608 mAlexandra Hospital · 780 mBusiness Park · 1.3 km

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Sime Darby Business Centre?

Key takeawayACRA records 5 live company registrations at this address, 1 of them in the last three years.
Live registrations
5
Registered last 3 years
1

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.

8

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$36.81 psm/month — an all-time median from 2000 onwards, not a current rent.
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.

9

Frequently asked questions about Sime Darby Business Centre

Where is Sime Darby Business Centre?

Sime Darby Business Centre is at 315 Alexandra Road, Singapore 159944, in the Bukit Merah planning area.

What is Sime Darby Business Centre zoned as?

Sime Darby Business Centre 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 Sime Darby Business Centre?

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 Sime Darby Business Centre?

Sime Darby Business Centre is leasehold. About 29 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Sime Darby Business Centre sold for?

Across 3 recorded transactions, the median is S$818 psf. The latest was in October 2025.

What does industrial space near Sime Darby Business Centre rent for?

JTC's rental returns for Alexandra Road put the median at about S$3.42 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Alexandra Road, not a rent quoted for Sime Darby Business Centre itself.

What is the nearest MRT station to Sime Darby Business Centre?

Queenstown MRT is the closest, 642 m away (about a 10-minute walk).

How many businesses are registered at Sime Darby Business Centre?

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

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