IndustrialBUSINESS 2LeaseholdDistrict 14 · Bedok

Synergy @ Kb

Reviewed by Nathan TangUpdated 8 November 2026Data through Jun 2026

Quick Summary

Synergy @ Kb is a industrial building in District 14 · Bedok, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.0. It is leasehold with roughly 16 years remaining. 13 transactions are on record since 1995, at a median S$381 psf, most recently in Jun 2026. ACRA records 33 live company registrations at this address.

The facts are here — now get the verdict on Synergy @ Kb.

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What are the key facts about Synergy @ Kb?

Key takeawaySynergy @ Kb is a industrial building in District 14 · Bedok, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 2.0
Tenure: Leasehold
District / Area: District 14 · Bedok
Address: 23 Kaki Bukit Road 4
Land area: —
Completed: 2014 (JTC industrial completions)
Storeys: Not on record
Developer: NSS Properties Pte Ltd (JTC industrial completions)
Strata units (MCST): 385
Managing agent: NEWMAN PROPERTY SERVICES PTE. LTD.
Strata formed: 2014 (MCST 4145)
Units with a recorded sale: At least 11
Transactions on record: 13 (records start 1995)
Live listings: None
ACRA registrations: 33

About Synergy @ Kb

Synergy @ Kb is an industrial building in Bedok (District 14). It is located along Kaki Bukit Road 4, Singapore 417801.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 2. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 16 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

13 transactions have been recorded here, at a median of S$381 psf. The most recent was in June 2026.

Across JTC's rental returns for Kaki Bukit Road 4, the median rent for industrial space on this street works out to about S$2.16 psf per month over 47 observations. Observed medians on the street span S$1.75 to S$3.10 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 6.7 km away. The closest business-park zone is about 2.0 km away. The nearest MRT is Kaki Bukit MRT, 650 m away (about a 10-minute walk). The closest bus stop (Opp Autobay @ Kaki Bt) is 152 m away (about a 2-minute walk).

42 businesses are currently registered at this address with ACRA.

What is Synergy @ Kb zoned as?

Key takeawaySynergy @ Kb sits on land zoned BUSINESS 2 with a gross plot ratio of 2.0.

Land-use zone: BUSINESS 2
Gross plot ratio: 2.0

Run the full zoning report for this building →

What has Synergy @ Kb sold for?

Key takeawayAcross 13 recorded transactions since 1995, the median price is about S$1.32M, most recently in Jun 2026.

Date	Use	Price	Area	PSF
Jun 2026	Multiple-user Factory	S$900k	3,649 sqft	$247
Feb 2022	Multiple-user Factory	S$890k	3,649 sqft	$244
Aug 2021	Multiple-user Factory	S$915k	3,649 sqft	$251
Apr 2015	Multiple-user Factory	S$1.32M	3,649 sqft	$362
Sept 2014	Multiple-user Factory	S$1.48M	3,649 sqft	$404
Aug 2014	Multiple-user Factory	S$1.48M	3,649 sqft	$404
May 2014	Multiple-user Factory	S$950k	2,433 sqft	$391
Apr 2014	Multiple-user Factory	S$1.35M	3,897 sqft	$346
Aug 2013	Multiple-user Factory	S$1.01M	2,443 sqft	$415
Jul 2013	Multiple-user Factory	S$1.39M	3,649 sqft	$381

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

What does space at Synergy @ Kb rent for?

Key takeawayJTC publishes leases at Synergy @ Kb itself: strata factory space leased at a median of $2.82 psf a month in 2026Q3, with the middle half of leases between $2.75 and $3.08. That is the building's figure across its leases, and never a quote for a particular unit.

Strata factory space in this building

This building · 2026Q3

25th pct

$2.75

$29.63 psm

Median

$2.82

$30.37 psm

75th pct

$3.08

$33.13 psm

S$ per sq ft per month · median -5.6% on a year earlier

2023Q4 · $29.88 psm2026Q3 · $30.37 psm median

JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.

Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.

Strata factory space on Kaki Bukit Road 4

Street level · 2026Q3

25th pct

—

— psm

Median

$2.89

$31.11 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median -3.7% on a year earlier

2023Q4 · $29.73 psm2026Q3 · $31.11 psm median

This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.

Source: JTC J-SPACE, rental of industrial space by street.

Market context around Synergy @ Kb

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.

What's been approved at Synergy @ Kb?

Key takeawayURA has approved 3 changes of use at Synergy @ Kb since 2000, most recently in 2023, and refused 1. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

28 Aug 2026RenewedFloor 1
Continued use as ancillary workers' dormitory
Continued use of 3rd storey production area as ancillary workers' dormitory (12 workers) at unit #01-XX of the existing 3-storey terrace factory
29 May 2026RenewedFloor 1
Continued use as ancillary workers' dormitory
Continued use of part of 2nd and 3rd storey production area as ancillary workers' dormitory (19 workers) at the existing 3-storey terrace factory #01-XX
8 Aug 2023ApprovedFloor 1
Change of use: production area → ancillary workers' dormitory
Proposed change of use of 3rd storey from production area to ancillary workers' dormitory (12 workers) at unit #01-XX of the existing 3-storey terrace factory
27 Jul 2023Approved
Change of use: production area → ancillary workers' dormitory
Proposed change of use of part of 2nd and 3rd storey from production area to ancillary workers' dormitory (19 workers) of the existing 3-storey terrace factory
22 Nov 2021RefusedFloor 1
Change of use to ancillary workers' dormitory
Proposed change of use of #01-XX to ancillary workers' dormitory (10 workers)
3 Nov 2014ApprovedFloor 1
Change of use
Proposed scrap metal trading and processing at #01-XX in the multi-user general industrial development

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).

How does Kaki Bukit Road 4 price?

Key takeawayKaki Bukit Road 4's current JTC street rent is S$31.11 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 9.6% (8.6% net of property tax).

Strata sales on the street (5y)

151

Street median PSF (strata)

$355

Indicative street yield

9.6% gross

8.6% 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.

What is near Synergy @ Kb?

Key takeawayThe nearest MRT/LRT is Kaki Bukit MRT, about 650 m away.

Getting around

Kaki Bukit MRT650 m · ~10 min

Amenities nearby

Opp Autobay @ Kaki Bt · 153 mICONCARE Medical Clinic · 455 mEducational Institution · 499 mKaki Bukit MRT Exit A · 569 mBlk 630 Bedok Reservoir Road · 866 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Synergy @ Kb

Key takeawayThe nearest station is Kaki Bukit (DT28), 569 m away — a moderately busy station, with about 25,000 taps in and out on an average weekday. No public car park we hold is within 500 m; the nearest is Kaki Bukit Ave 4 (URA), 578 m away, season S$90/month.

Foot traffic: busier than 62% of industrial buildings

nearest MRT/LRT Kaki Bukit (DT28) 569 m, about 25,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 6, about 961 taps a weekday; Bedok: 59,875 resident workers (Census 2020, by workplace); about 24,000 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

Kaki Bukit (DT28)569 m · about 25,000 weekday taps
Bedok North (DT29)921 m · about 17,000 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 Synergy @ Kb. Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with 961 boardings and alightings on an average weekday.

Who's registered at Synergy @ Kb?

Key takeaway33 live companies (and LLPs and branches; sole proprietors are not counted) list Synergy @ Kb as their registered address. These are registered businesses, not who occupies the space.

Construction
12
Transportation and storage
5
Wholesale and retail trade
4
Other services
4
Administrative and support services
2
Manufacturing
2
Information and communications
1
Professional, scientific and technical services
1
Water supply, sewerage and waste management
1
Financial and insurance
1

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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$23.25 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$23.25 psm/mo
Observed range: S$18.80 – S$33.33

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 Synergy @ Kb

Where is Synergy @ Kb?⌄

Synergy @ Kb is at 23 Kaki Bukit Road 4, Singapore 417801, in the Bedok planning area.

What is Synergy @ Kb zoned as?⌄

Synergy @ Kb is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 2. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at Synergy @ Kb?⌄

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 Synergy @ Kb?⌄

Synergy @ Kb is leasehold. About 16 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Synergy @ Kb sold for?⌄

Across 13 recorded transactions, the median is S$381 psf. The latest was in June 2026.

What does industrial space near Synergy @ Kb rent for?⌄

JTC's rental returns for Kaki Bukit Road 4 put the median at about S$2.16 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Kaki Bukit Road 4, not a rent quoted for Synergy @ Kb itself.

What is the nearest MRT station to Synergy @ Kb?⌄

Kaki Bukit MRT is the closest, 650 m away (about a 10-minute walk).

How many businesses are registered at Synergy @ Kb?⌄

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

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Read the figures right

Completion year: the first quarter JTC records a TOP (Temporary Occupation Permit) at this address. JTC lists major industrial projects (7,000 sqm and up) from 2013; where an older building stood on the site, this is the current building's year.

Developer: as named on JTC's completion record, often the project company rather than the listed group.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

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.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

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.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

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 industrial completions, BCA's MCST register, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

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.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.