IndustrialBUSINESS 1LeaseholdDistrict 23 · Bukit Batok

The Elitist

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2026
Quick Summary

The Elitist is a industrial building in District 23 · Bukit Batok, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 31 years remaining. 135 transactions are on record since 1995, most recently in Jun 2026. 11 units are currently listed for sale or rent. ACRA records 293 live company registrations at this address.

1

What are the key facts about The Elitist?

Key takeawayThe Elitist is a industrial building in District 23 · Bukit Batok, zoned BUSINESS 1, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 23 · Bukit Batok
Address
25 Bukit Batok Crescent
Land area
4,858 sqm
Transactions on record
135 (records start 1995)
Live listings
11
ACRA registrations
293
2

About The Elitist

The Elitist is an industrial building in Bukit Batok (District 23). It is located along Bukit Batok Crescent, Singapore 658066.

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 31 years left to run. It sits on about 4,858 sqm of land with roughly 12,145 sqm of gross floor area.

135 transactions have been recorded here, at a median of S$476 psf. The most recent was in June 2026.

Across JTC's rental returns for Bukit Batok Crescent, the median rent for industrial space on this street works out to about S$1.91 psf per month over 95 observations. Observed medians on the street span S$0.99 to S$2.67 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 4.8 km away. The closest business-park zone is about 1.4 km away. The closest bus stop (Opp Burgundy Hill) is 185 m away (about a 3-minute walk).

293 businesses are currently registered at this address with ACRA.

3

What is The Elitist zoned as?

Key takeawayThe Elitist 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 Elitist sold for?

Key takeawayAcross 135 recorded transactions since 1995, the median price is about S$468k, most recently in Jun 2026.
DateUsePriceAreaPSF
Jun 2026Multiple-user FactoryS$508k893 sqft$569
Jan 2026Multiple-user FactoryS$500k893 sqft$560
Jan 2026Multiple-user FactoryS$530k883 sqft$600
Nov 2025Multiple-user FactoryS$560k1,087 sqft$515
Oct 2025Multiple-user FactoryS$505k915 sqft$552
Jun 2025Multiple-user FactoryS$500k904 sqft$553
Apr 2025Multiple-user FactoryS$500k893 sqft$560
Dec 2024Multiple-user FactoryS$1.38M3,079 sqft$447
Aug 2024Multiple-user FactoryS$508k893 sqft$569
Jun 2024Multiple-user FactoryS$500k893 sqft$560

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 Bukit Batok Crescent price?

Key takeawayBukit Batok Crescent's current JTC street rent is S$27.77 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 7.6% (6.8% net of property tax).
Strata sales on the street (5y)
390
Street median PSF (strata)
$403
Indicative street yield
7.6% gross
6.8% 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 Elitist right now?

Key takeaway11 units are currently listed at The Elitist5 for sale and 6 for rent. One row per unit; several agents often market the same unit.

For sale (5)

  • The Elitist2 agentsS$2.29M · 4,015 sqft
  • The Elitist2 agentsS$690k · 1,087 sqft
  • The Elitist2 agentsS$580k · 893 sqft
  • The ElitistS$680k · 893 sqft

For rent (6)

  • The Elitist2 agentsS$3k/mo · 915 sqft
  • The Elitist2 agentsS$3k/mo · 893 sqft
  • The Elitist2 agentsS$450/mo · 140 sqft
  • The Elitist2 agentsS$3k/mo · 893 sqft

Browse every listing at this building →

7

What is near The Elitist?

Amenities nearby

Opp Burgundy Hill · 185 mHisemainn Medical Clinic (Bukit Batok) · 710 mEducational Institution · 792 mBusiness Park · 1.4 kmJurong Community Hospital · 1.5 km

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at The Elitist?

Key takeawayACRA records 293 live company registrations at this address, 88 of them in the last three years.
Live registrations
293
Registered last 3 years
88

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$20.56 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$20.56 psm/mo
Observed range
S$10.69 – S$28.73

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 Elitist

Where is The Elitist?

The Elitist is at 25 Bukit Batok Crescent, Singapore 658066, in the Bukit Batok planning area.

What is The Elitist zoned as?

The Elitist 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 Elitist?

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 Elitist?

The Elitist is leasehold. About 31 years remain on the lease.

What have units at The Elitist sold for?

Across 135 recorded transactions, the median is S$476 psf. The latest was in June 2026.

What does industrial space near The Elitist rent for?

JTC's rental returns for Bukit Batok Crescent put the median at about S$1.91 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Bukit Batok Crescent, not a rent quoted for The Elitist itself.

How many businesses are registered at The Elitist?

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

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