IndustrialBUSINESS 1LeaseholdDistrict 4 · Bukit Merah

Tbc Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Apr 2021

Quick Summary

Tbc Building is a industrial building in District 4 · Bukit Merah, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 2 transactions are on record since 1995, most recently in Apr 2021. 4 units are currently listed for rent. ACRA records 10 live company registrations at this address.

The facts are here — now get the verdict on Tbc Building.

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What are the key facts about Tbc Building?

Key takeawayTbc Building is a industrial building in District 4 · 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 4 · Bukit Merah
Address: 3 Depot Close
Land area: 6,515 sqm
Completed: Not on record
Storeys: 6 (© OpenStreetMap contributors)
Estate (JTC): Telok Blangah Industrial Estate
Listed as: Light Industrial (B1)
Transactions on record: 2 (records start 1995)
Live listings: 4
ACRA registrations: 10

What are the specs at Tbc Building?

Key takeawayThe building's specs as its sources state them — the listing agent or the management can confirm a unit's own.

Facilities: car park; Source: CommercialGuru

About Tbc Building

Tbc Building is an industrial building in Bukit Merah (District 04). It is located along Depot Close, Singapore 109840.

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 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 6,515 sqm of land with roughly 16,172 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$708 psf. The most recent was in April 2021.

The nearest port or airport land is about 1.8 km away. The closest business-park zone is about 1.0 km away. The closest bus stop (Opp Blk 114) is 114 m away (about a 2-minute walk).

12 businesses are currently registered at this address with ACRA.

What is Tbc Building zoned as?

Key takeawayTbc Building 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 →

What has Tbc Building sold for?

Key takeaway2 transactions are on record since 1995, most recently in Apr 2021 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Apr 2021	Single-user Factory	S$74.00M	70,162 sqft	$1,055
Oct 2012	Single-user Factory	S$25.25M	70,162 sqft	$360

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

Market context around Tbc Building

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.

How fast units move at Tbc Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 4 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 3 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Tbc Building?

Key takeawayURA has approved 2 changes of use at Tbc Building since 2000, most recently in 2025, 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.

21 Aug 2025Approved
Change of use: ancillary display area → industrial training and ancillary office
Proposed change of use of part of 1st storey premises from ancillary display area to industrial training and ancillary office
8 Apr 2025Approved
Additions & alterations
Proposed additions and alterations and change of use of part of the 4th storey to industrial canteen and warehouse and part of the 6th storey to warehouse at the existing 7-storey single-user light industrial building on lot 02202p mk01 at 3 depot close (bukit merah planning area)
4 Mar 2024RefusedFloor 1
Change of use to foreign system school
Proposed change of use of part of #01-XX of tbc building to foreign system school
10 Dec 2021Renewed
Continued use as industrial canteen
Continued use of part of 4th storey as industrial canteen at existing 7-storey single-user light industrial building
15 Nov 2018Approved
Change of use to industrial canteen
Proposed change of use of part of 4th storey to industrial canteen at existing 7-storey single-user light industrial building
5 Oct 2017Approved
Additions & alterations
Prpoposed additions and alterations to the existing 7-storey single-user light industrial building with ancillary office involving change of use of part of 7th storey factory to core media activities
18 Aug 2015Approved
Additions & alterations
Proposed amendment to approved addition & alteration to existing single-user of a 7-storey light industrial building with ancillary office mk01 on lot 02202p, 3 depot close (bukit merah)
3 Mar 2014Approved
Additions & alterations
Proposed addition & alteration to existing single-user of a 7-storey light industrial building with ancillary office

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).

What is available at Tbc Building right now?

Key takeaway4 units are currently listed at Tbc Building. One row per unit; several agents often market the same unit.

For rent (4)

TBC BuildingS$1k/mo · 100 sqft
TBC Building3 agentsS$906/mo · 82 sqft
3 Depot Close TBC BuildingS$900/mo · 100 sqft
3 Depot Close TBC BuildingS$1k/mo · 180 sqft

Browse every listing at this building →

What is near Tbc Building?

Amenities nearby

Opp Blk 114 · 114 mEducational Institution · 209 mFriendship Clinic & Surgery · 409 mAlexandra Village Food Centre · 430 mAlexandra Hospital · 779 mBusiness Park · 1.0 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Tbc Building

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Queenstown, 1.2 km away. 9 public car parks are within 500 m.

Foot traffic: busier than 71% of industrial buildings

no MRT/LRT within 1 km (nearest Queenstown, 1.2 km); bus stops within 400 m: 8, about 14,000 taps a weekday; Bukit Merah: 103,575 resident workers (Census 2020, by workplace); about 35,000 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.

Bus

8 bus stops within 400 m, with about 14,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 113/114 Depot Road (HDB)164 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 43 car lots
Blk 1001/1010 Bukit Merah Lane 1/3 (JTC)218 m
Blk 112C Depot Road (HDB)241 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 392 car lots
Block 110 Depot Road (HDB)362 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 84 car lots
Blk 2A Jalan Bukit Merah (HDB)414 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 220 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Nearest URA season parking: Pasir Panjang Road Are A, 1.4 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Tbc Building's own car park, if it has one, and its charges are not in the open data.

Who's registered at Tbc Building?

Key takeaway10 live companies (and LLPs and branches; sole proprietors are not counted) list Tbc Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
3
Education
3
Manufacturing
1
Professional, scientific and technical services
1
Information and communications
1
Other services
1
Accommodation and food services
0
Financial and insurance
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.

Frequently asked questions about Tbc Building

Where is Tbc Building?⌄

Tbc Building is at 3 Depot Close, Singapore 109840, in the Bukit Merah planning area.

What is Tbc Building zoned as?⌄

Tbc Building 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 Tbc Building?⌄

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 Tbc Building?⌄

Tbc Building is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Tbc Building sold for?⌄

Across 2 recorded transactions, the median is S$708 psf. The latest was in April 2021.

How many businesses are registered at Tbc Building?⌄

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

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

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.

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.

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

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 estate boundaries, URA planning decisions, HDB car park information (data.gov.sg), PropKaki's foot-traffic model, CommercialGuru, OpenStreetMap (© OpenStreetMap contributors) — 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.