PropKaki
IndustrialBUSINESS 1LeaseholdDistrict 3 · Bukit Merah

The Alexcier

Reviewed by Nathan TangUpdated 10 August 2026Data through May 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. 165 transactions are on record since 1995, most recently in May 2026. 14 units are currently listed for sale or rent. ACRA records 208 live company registrations at this address.

The facts are here — now get the verdict on The Alexcier.Ask PropKaki
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
Transactions on record
165 (records start 1995)
Live listings
14
ACRA registrations
208
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 165 recorded transactions since 1995, the median price is about S$445k, most recently in May 2026.
DateUsePriceAreaPSF
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
Nov 2022Multiple-user FactoryS$468k1,410 sqft$332

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.

5

How does Alexandra Road price?

Key takeawayAlexandra Road's current JTC street rent is S$39.29 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 12.0% (10.8% net of property tax).
Strata sales on the street (5y)
31
Street median PSF (strata)
$366
Indicative street yield
12.0% gross
10.8% 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.

6

What is available at The Alexcier right now?

Key takeaway14 units are currently listed at The Alexcier — 8 for sale and 6 for rent. One row per unit; several agents often market the same unit.

For sale (8)

  • The Alexcier2 agentsS$399k · 1,055 sqft
  • The AlexcierS$441k · 1,055 sqft
  • The AlexcierS$450k · 1,076 sqft
  • The Alexcier2 agentsS$400k · 1,249 sqft

For rent (6)

  • The Alexcier2 agentsS$9k/mo · 1,572 sqft
  • The Alexcier2 agentsS$9k/mo · 2,508 sqft
  • The Alexcier4 agentsS$8k/mo · 2,508 sqft
  • The AlexcierS$5k/mo · 1,076 sqft

Browse every listing at this building →

7

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.

8

How many companies are registered at The Alexcier?

Key takeawayACRA records 208 live company registrations at this address, 38 of them in the last three years.
Live registrations
208
Registered last 3 years
38

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.

9

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.

10

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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