IndustrialBUSINESS 1LeaseholdDistrict 3 · Bukit Merah

The Alexcier

Reviewed by Nathan TangUpdated 8 November 2026Data through Oct 2026
Quick Summary

The Alexcier 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 9 years remaining. 166 transactions are on record since 1995, at a median S$378 psf, most recently in Oct 2026. 13 units are currently listed for sale or rent. ACRA records 267 live company registrations at this address.

1

What are the key facts about The Alexcier?

Key takeawayThe Alexcier 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
237 Alexandra Road
Land area
5,032 sqm
Completed
2008 (per EdgeProp listings)
Storeys
9 (© OpenStreetMap contributors)
Strata units (MCST)
120
Managing agent
CHAMBERS PROPERTY MANAGEMENT SERVICES PTE LTD
Strata formed
2008 (MCST 3349)
Units with a recorded sale
At least 92
Listed as
Light Industrial (B1)
Transactions on record
166 (records start 1995)
Live listings
13
ACRA registrations
267
2

About The Alexcier

The Alexcier is an industrial building in Bukit Merah (District 03). It is located along Alexandra Road, Singapore 159929.

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 9 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 5,032 sqm of land with roughly 12,580 sqm of gross floor area.

165 transactions have been recorded here, at a median of S$380 psf. The most recent was in May 2026.

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 3.0 km away. The closest business-park zone is about 2.1 km away. The nearest MRT is Redhill MRT, 362 m away (about a 6-minute walk). The closest bus stop (SIS Bldg) is 86 m away (about a 1-minute walk).

208 businesses are currently registered at this address with ACRA.

3

What is The Alexcier zoned as?

Key takeawayThe Alexcier 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 The Alexcier sold for?

Key takeawayAcross 166 recorded transactions since 1995, the median price is about S$442k, most recently in Oct 2026.
DateUsePriceAreaPSF
Oct 2026Multiple-user FactoryS$350k1,076 sqft$325
May 2026Multiple-user FactoryS$868k2,820 sqft$308
Dec 2025Multiple-user FactoryS$238k721 sqft$330
Feb 2025Multiple-user FactoryS$240k721 sqft$333
Oct 2024Multiple-user FactoryS$258k689 sqft$375
Sept 2024Multiple-user FactoryS$263k689 sqft$382
Oct 2023Multiple-user FactoryS$270k710 sqft$380
Oct 2023Multiple-user FactoryS$280k721 sqft$388
Feb 2023Multiple-user FactoryS$475k1,249 sqft$380
Feb 2023Multiple-user FactoryS$400k1,227 sqft$326

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

5

What does space at The Alexcier rent for?

Key takeawayJTC publishes leases at The Alexcier itself: strata factory space leased at a median of $3.48 psf a month in 2026Q3, with the middle half of leases between $3.38 and $3.85. 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
$3.38
$36.42 psm
Median
$3.48
$37.50 psm
75th pct
$3.85
$41.49 psm

S$ per sq ft per month · median +2.1% on a year earlier

2022Q4 · $36.36 psm2026Q3 · $37.50 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 Alexandra Road

Street level · 2026Q3
25th pct
—
— psm
Median
$3.43
$36.87 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +0.9% on a year earlier

2023Q4 · $37.05 psm2026Q3 · $36.87 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.

6

Market context around The Alexcier

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.

7

How fast units move at The Alexcier

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 5 units for rent; 8 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 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.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 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.

8

What's been approved at The Alexcier?

Key takeawayURA has approved 7 changes of use at The Alexcier since 2000, most recently in 2021. 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.
  1. 15 Sept 2021ApprovedFloor 6
    Change of use to r&d laboratory

    Proposed change of use of unit #06-XX to r&d laboratory at the alexcier

  2. 12 Oct 2020ApprovedFloor 2
    Change of use to industrial canteen

    Change of use of unit #02-XX to industrial canteen at 237 alexandra road – the alexcier (bukit merah planning area)

  3. 18 Nov 2014ApprovedFloor 7
    Change of use to industrial training

    Proposed change of use of the industrial unit #07-XX to industrial training

  4. 8 Apr 2013ApprovedFloor 2
    Additions & alterations

    Additions and alterations to the existing secondary childcare center (units #02-XX) of existing 8-storey multi-users light industrial development with basement

  5. 12 Dec 2012ApprovedFloor 2
    Change of use to secondary child day-care centre

    Proposed change of use of the approved staff canteen (units #02-XX) to secondary child day-care centre

  6. 18 Jun 2010ApprovedFloor 1
    Change of use to light industrial

    Change of use of the 1st storey motor vehicle showroom (units #01-XX) to light industrial

  7. 27 Sept 2008ApprovedFloor 1
    Change of use to motor vehicle showroom

    Proposed change of use of the light industrial units #01-XX to motor vehicle showroom

  8. 10 Apr 2008ApprovedFloor 2
    Change of use: light industrial use → staff canteen

    Proposed change of use of units #02-XX from light industrial use to staff canteen

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).

9

How does Alexandra Road price?

Key takeawayAlexandra Road's current JTC street rent is S$36.87 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 11.3% (10.2% net of property tax).
Strata sales on the street (5y)
28
Street median PSF (strata)
$365
Indicative street yield
11.3% gross
10.2% 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.

10

What is available at The Alexcier right now?

Key takeaway13 units are currently listed at The Alexcier — 8 for sale and 5 for rent. One row per unit; several agents often market the same unit.

For sale (8)

  • The AlexcierS$541k · 1,432 sqft
  • The AlexcierS$540k · 1,432 sqft
  • The AlexcierS$441k · 1,055 sqft
  • The Alexcier2 agentsS$303k · 1,259 sqft

For rent (5)

  • The AlexcierS$3k/mo · 613 sqft
  • The Alexcier2 agentsS$9k/mo · 1,572 sqft
  • The Alexcier2 agentsS$9k/mo · 2,508 sqft
  • The AlexcierS$5k/mo · 1,076 sqft

Browse every listing at this building →

11

What is near The Alexcier?

Key takeawayThe nearest MRT/LRT is Redhill MRT, about 362 m away.

Getting around

Amenities nearby

SIS Bldg · 86 mEducational Institution · 227 mL & H Polyclinic And Surgery · 255 mRedhill MRT Exit A · 401 mBlk 79 Redhill Lane · 619 m

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at The Alexcier

Key takeawayThe nearest station is Redhill (EW18), 362 m away — a moderately busy station, with about 39,000 taps in and out on an average weekday. 18 public car parks are within 500 m.
Foot traffic: busier than 97% of industrial buildings

nearest MRT/LRT Redhill (EW18) 362 m, about 39,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 14, about 30,000 taps a weekday; Bukit Merah: 103,575 resident workers (Census 2020, by workplace); about 48,000 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

  • Redhill (EW18)362 m · about 39,000 weekday taps
  • Queenstown (EW19)910 m · about 36,000 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 The Alexcier. Transfers between lines don't tap, so interchanges read low.

Bus

14 bus stops within 400 m, with about 30,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 129A Clarence Lane (HDB)168 m
    S$0.60 per half-hour at midday on a weekday · gantry 2 m · 245 car lots
  • Blk 61 Lengkok Bahru (HDB)173 m
    S$0.60 per half-hour at midday on a weekday · 26 car lots
  • Leng Kee Rd (URA)177 m
    S$0.60 per half-hour at midday on a weekday · 24 car lots
  • Blk 58/59 Lengkok Bahru (HDB)229 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m
  • Blk 64 Lengkok Bahru (HDB)249 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 169 car lots

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Queensway Off St (Ride Out Tea Garden), 2.0 km away, S$90/month.

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

13

Who's registered at The Alexcier?

Key takeaway267 live companies (and LLPs and branches; sole proprietors are not counted) list The Alexcier as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    62
  • Financial and insurance
    62
  • Professional, scientific and technical services
    36
  • Accommodation and food services
    21
  • Information and communications
    15
  • Administrative and support services
    13
  • Transportation and storage
    13
  • Manufacturing
    11
  • Education
    9
  • Construction
    9

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.

14

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.

15

Frequently asked questions about The Alexcier

Where is The Alexcier?⌄

The Alexcier is at 237 Alexandra Road, Singapore 159929, in the Bukit Merah planning area.

What is The Alexcier zoned as?⌄

The Alexcier 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 The Alexcier?⌄

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 The Alexcier?⌄

The Alexcier is leasehold. About 9 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at The Alexcier sold for?⌄

Across 165 recorded transactions, the median is S$380 psf. The latest was in May 2026.

What does industrial space near The Alexcier 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 The Alexcier itself.

What is the nearest MRT station to The Alexcier?⌄

Redhill MRT is the closest, 362 m away (about a 6-minute walk).

How many businesses are registered at The Alexcier?⌄

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

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