Solstice Business Center
Solstice Business Center is a industrial building in District 19 · Hougang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 82 transactions are on record since 1995, most recently in Apr 2026. 10 units are currently listed for sale or rent. ACRA records 406 live company registrations at this address.
What are the key facts about Solstice Business Center?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Freehold
- District / Area
- District 19 · Hougang
- Address
- 23 New Industrial Road
- Land area
- 3,805 sqm
- Transactions on record
- 82 (records start 1995)
- Live listings
- 10
- ACRA registrations
- 406
About Solstice Business Center
Solstice Business Center is an industrial building in Hougang (District 19). It is located along New Industrial Road, Singapore 536209.
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 3,805 sqm of land with roughly 9,514 sqm of gross floor area.
82 transactions have been recorded here, at a median of S$546 psf. The most recent was in April 2026.
Across JTC's rental returns for New Industrial Road, the median rent for industrial space on this street works out to about S$2.03 psf per month over 104 observations. Observed medians on the street span S$0.88 to S$2.86 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.
2 industrial projects are still uncompleted on this street, adding about 15,440 sqm of gross floor area, the earliest due around 2028.
The nearest port or airport land is about 7.2 km away. The closest business-park zone is about 303 m away. The nearest MRT is Bartley MRT, 566 m away (about a 9-minute walk). The closest bus stop (Aft Rochdale Rd) is 182 m away (about a 3-minute walk).
406 businesses are currently registered at this address with ACRA.
What is Solstice Business Center zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has Solstice Business Center sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Apr 2026 | Multiple-user Factory | S$1.64M | 1,259 sqft | $1,301 |
| Feb 2026 | Multiple-user Factory | S$1.43M | 1,410 sqft | $1,014 |
| Mar 2025 | Multiple-user Factory | S$1.63M | 1,518 sqft | $1,074 |
| Mar 2024 | Multiple-user Factory | S$2.20M | 1,787 sqft | $1,231 |
| May 2023 | Multiple-user Factory | S$1.29M | 1,528 sqft | $845 |
| Nov 2022 | Multiple-user Factory | S$1.25M | 1,518 sqft | $824 |
| Oct 2021 | Multiple-user Factory | S$1.03M | 1,378 sqft | $750 |
| Apr 2021 | Multiple-user Factory | S$1.02M | 1,410 sqft | $723 |
| Jan 2021 | Multiple-user Factory | S$1.03M | 1,410 sqft | $734 |
| Aug 2020 | Multiple-user Factory | S$875k | 1,206 sqft | $726 |
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.
How does New Industrial Road price?
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 Solstice Business Center right now?
For sale (5)
- Solstice Business Centre2 agentsS$1.55M · 1,206 sqft
- Solstice Business CentreS$1.95M · 1,517 sqft
- Solstice Business Centre2 agentsS$1.60M · 1,206 sqft
- Solstice Business Centre2 agentsS$1.97M · 1,572 sqft
For rent (5)
- Solstice Business Centre2 agentsS$4k/mo · 1,517 sqft
- Solstice Business Centre2 agentsS$4k/mo · 1,206 sqft
- Solstice Business CentreS$5k/mo · 1,572 sqft
- Solstice Business Centre2 agentsS$4k/mo · 1,410 sqft
What is near Solstice Business Center?
Getting around
- Bartley MRT566 m · ~9 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Solstice Business Center?
- Live registrations
- 406
- Registered last 3 years
- 120
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.
What does industrial space rent for on this street?
- Street rent, median
- S$21.86 psm/mo
- Observed range
- S$9.46 – S$30.78
- Pipeline on this street
- 2 projects · earliest TOP 2028
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 Solstice Business Center
Where is Solstice Business Center?⌄
Solstice Business Center is at 23 New Industrial Road, Singapore 536209, in the Hougang planning area.
What is Solstice Business Center zoned as?⌄
Solstice Business Center 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 Solstice Business Center?⌄
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 Solstice Business Center?⌄
Solstice Business Center is freehold.
What have units at Solstice Business Center sold for?⌄
Across 82 recorded transactions, the median is S$546 psf. The latest was in April 2026.
What does industrial space near Solstice Business Center rent for?⌄
JTC's rental returns for New Industrial Road put the median at about S$2.03 psf per month. That is a street-level figure from undated snapshots covering all industrial space on New Industrial Road, not a rent quoted for Solstice Business Center itself.
What is the nearest MRT station to Solstice Business Center?⌄
Bartley MRT is the closest, 566 m away (about a 9-minute walk).
How many businesses are registered at Solstice Business Center?⌄
406 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on Solstice Business Center.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.