Steel Industries Building
Steel Industries Building is a industrial building in District 19 · Hougang, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 23 years remaining. 2 transactions are on record since 1995, most recently in Sept 2004. ACRA records 4 live company registrations at this address.
What are the key facts about Steel Industries Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 19 · Hougang
- Address
- 5 Tai Seng Drive
- Land area
- 5,162 sqm
- Transactions on record
- 2 (records start 1995)
- Live listings
- None
- ACRA registrations
- 4
About Steel Industries Building
Steel Industries Building is an industrial building in Hougang (District 19). It is located along Tai Seng Drive, Singapore 535217.
Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
The site is leasehold, with about 23 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 5,162 sqm of land with roughly 12,905 sqm of gross floor area.
2 transactions have been recorded here, at a median of S$250 psf. The most recent was in September 2004.
Across JTC's rental returns for Tai Seng Drive, the median rent for industrial space on this street works out to about S$1.50 psf per month over 38 observations. Observed medians on the street span S$0.46 to S$3.00 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 8.0 km away. The closest business-park zone is about 420 m away. The nearest MRT is Tai Seng MRT, 606 m away (about a 10-minute walk). The closest bus stop (Aft Airport Rd) is 261 m away (about a 4-minute walk).
4 businesses are currently registered at this address with ACRA.
What is Steel Industries Building zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
What has Steel Industries Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Sept 2004 | Single-user Factory | S$15.25M | 55,567 sqft | $274 |
| Jun 2001 | Single-user Factory | S$12.60M | 55,567 sqft | $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.
What is near Steel Industries Building?
Getting around
- Tai Seng MRT606 m · ~10 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Steel Industries Building?
- Live registrations
- 4
- Registered last 3 years
- 0
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$16.15 psm/mo
- Observed range
- S$4.91 – S$32.25
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 Steel Industries Building
Where is Steel Industries Building?⌄
Steel Industries Building is at 5 Tai Seng Drive, Singapore 535217, in the Hougang planning area.
What is Steel Industries Building zoned as?⌄
Steel Industries Building is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
What kind of business can operate at Steel Industries Building?⌄
Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades. The specific trade still has to be approved, so check the permissible-use list for your activity.
What is the tenure of Steel Industries Building?⌄
Steel Industries Building is leasehold. About 23 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at Steel Industries Building sold for?⌄
Across 2 recorded transactions, the median is S$250 psf. The latest was in September 2004.
What does industrial space near Steel Industries Building rent for?⌄
JTC's rental returns for Tai Seng Drive put the median at about S$1.50 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Tai Seng Drive, not a rent quoted for Steel Industries Building itself.
What is the nearest MRT station to Steel Industries Building?⌄
Tai Seng MRT is the closest, 606 m away (about a 10-minute walk).
How many businesses are registered at Steel Industries Building?⌄
4 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 Steel Industries Building.
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.