IndustrialBUSINESS PARKLeaseholdDistrict 5 · Queenstown

The Galen

Reviewed by Nathan TangUpdated 8 November 2026Data through Mar 2013

Quick Summary

The Galen is a industrial building in District 5 · Queenstown, on land zoned BUSINESS PARK under the URA Master Plan with a gross plot ratio of 2.0. It is leasehold with roughly 74 years remaining. 1 transaction is on record since 1995, most recently in Mar 2013. 4 units are currently listed for rent. ACRA records 26 live company registrations at this address.

The facts are here — now get the verdict on The Galen.

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What are the key facts about The Galen?

Key takeawayThe Galen is a industrial building in District 5 · Queenstown, zoned BUSINESS PARK, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS PARK
Gross plot ratio: 2.0
Tenure: Leasehold
District / Area: District 5 · Queenstown
Address: 61 Science Park Road
Land area: 16,311 sqm
Completed: 2002 (per EdgeProp)
Storeys: 6 (© OpenStreetMap contributors)
Owner: CapitaLand Ascendas REIT (SGX filings)
Land lease expires: 2079 (the owner's annual report (as filed on SGX))
Estate (JTC): Science Park III
Listed as: Business / Science Park, Factory / Workshop (B2)
Transactions on record: 1 (records start 1995)
Live listings: 4
ACRA registrations: 26

Who owns The Galen, and what is it valued at?

Key takeawayThe Galen is owned by CapitaLand Ascendas REIT, a REIT listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.

Valued at S$161.7 million as at 31 Dec 2025, by CBRE SG.

per CapitaLand Ascendas REIT's SGX filing, 5 Feb 2026

Earlier: S$157 million (31 Dec 2024) · S$150.3 million (31 Dec 2023) · S$150 million (31 Dec 2022)

The Galen: CapitaLand Ascendas REIT's annual report (2025)

Land lease expires: 24 Mar 2079

per CapitaLand Ascendas REIT's annual report (SGX), 1 Apr 2026, page 107

Whole-building deals

Announced 8 Aug 2014 · completed 8 Aug 2014
Bought The Galen for S$126 million (announced use of proceeds).
Announcement on SGX · completion notice

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

About The Galen

The Galen is an industrial building in Queenstown (District 05). It is located along Science Park Road, Singapore 117525.

Under the URA Master Plan the site is zoned Business Park with a gross plot ratio of 2. Business Park zoning is for high-technology, R&D and knowledge-based activities rather than general industry.

The site is leasehold, with about 74 years left to run. It sits on about 16,311 sqm of land with roughly 30,632 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$718 psf. The most recent was in March 2013.

Across JTC's rental returns for Science Park Road, the median rent for industrial space on this street works out to about S$3.95 psf per month over 88 observations. Observed medians on the street span S$2.20 to S$4.53 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 663 m away. The closest business-park zone is about 0 m away. The nearest MRT is Haw Par Villa MRT, 513 m away (about a 8-minute walk). The closest bus stop (Galen) is 71 m away (about a 1-minute walk).

26 businesses are currently registered at this address with ACRA.

What is The Galen zoned as?

Key takeawayThe Galen sits on land zoned BUSINESS PARK with a gross plot ratio of 2.0.

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

Run the full zoning report for this building →

What has The Galen sold for?

Key takeaway1 transaction is on record since 1995, most recently in Mar 2013 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Mar 2013	Business Park	S$126.00M	175,545 sqft	$718

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 The Galen rent for?

Key takeawayNo rent is published for The Galen itself. On its street, Science Park Road, strata factory space rented at a median of $4.16 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Science Park Road

Street level · 2026Q3

25th pct

—

— psm

Median

$4.16

$44.77 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median -2.2% on a year earlier

2023Q4 · $43.05 psm2026Q3 · $44.77 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 The Galen

Key takeawayBrokers' business park figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026

Business Park - City Fringe: Rent S$6.15 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Business Park (City Fringe): Rent S$6.33 psf/mth
Science Park: Rent S$4.88 psf/mth

Singapore Industrial MarketBeat Q2 2026

Official series (JTC, 2026Q3): Business Park occupancy (island-wide) 77.2% (+0.2 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 The Galen

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, 0 new listings appeared and 3 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 The Galen?

Key takeawayURA has approved 1 change of use at The Galen 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.

13 Jul 2021ApprovedFloor 6
Change of use to ancillary reception area for units #06-xx to #06-xx
Proposed change of use of part 6th storey lift lobby area to ancillary reception area for units #06-XX to #06-XX at 61 science park road - the galen (queenstown planning area)
30 Sept 2019Approved
Additions & alterations
Proposed additions and alterations to the existing 6-storey building on lot04123x mk03 at 61 science park road the galen singapore science park ii singapore 117525 (queenstown planning area)
19 Sept 2018Approved
Additions & alterations
Proposed new erection of sheltered linkway
11 Jun 2014Approved
Additions & alterations
Amendment to approved addition & alteration works on the 1st storey of the existing 6-storey building (multi-user) on lot 04123x mk03 at 61 science park road (queenstown planning area)
4 Jul 2013Approved
Additions & alterations
Proposed addition & alteration works on the 1st storey of the existing 6-storey building (multi-user) on lot 04123x mk03 at 61 science park road
28 Sept 2011Approved
Additions & alterations
Interior design and consultancy services for galen 1st storey main lobby upgrading works in singapore science park ii
12 May 2009Approved
Additions & alterations
Proposed additions & alterations works on the roof level of the existing 6-storey building (multi-user)
25 Aug 2008Approved
Additions & alterations
Proposed outdoor refreshment area to the existing staff cafeteria
24 Aug 2005Approved
Additions & alterations
Proposed temporary cul-de-sac for science park road within science park 3

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 The Galen right now?

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

For rent (4)

The GalenS$34k/mo · 7,050 sqft
The GalenS$8k/mo · 1,602 sqft
The Galen2 agentsS$26k/mo · 5,412 sqft
The GalenS$34k/mo · 7,065 sqft

Browse every listing at this building →

What is near The Galen?

Key takeawayThe nearest MRT/LRT is Haw Par Villa MRT, about 513 m away.

Getting around

Haw Par Villa MRT513 m · ~8 min

Amenities nearby

Business Park · 0 mGalen · 71 mHaw Par Villa MRT Exit A · 453 mEducational Institution · 457 mBL Medical Associates · 493 mPort / Airport · 663 mNational University Hospital · 715 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at The Galen

Key takeawayThe nearest station is Haw Par Villa (CC25), 452 m away — a moderately busy station, with about 15,000 taps in and out on an average weekday. No public car park we hold is within 500 m; the nearest is Pasir Panjang Rd - Sou Th Buona Vista Rd (URA), 868 m away, season S$90/month.

Foot traffic: busier than 80% of industrial buildings

nearest MRT/LRT Haw Par Villa (CC25) 452 m, about 15,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 9, about 1,927 taps a weekday; Queenstown: 131,782 resident workers (Census 2020, by workplace); about 5,910 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

Haw Par Villa (CC25)452 m · about 15,000 weekday taps
Kent Ridge (CC24)659 m · about 58,000 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 Galen. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with 1,927 boardings and alightings on an average weekday.

Who's registered at The Galen?

Key takeaway26 live companies (and LLPs and branches; sole proprietors are not counted) list The Galen as their registered address. These are registered businesses, not who occupies the space.

Professional, scientific and technical services
15
Wholesale and retail trade
4
Financial and insurance
3
Health and social services
2
Manufacturing
1
Accommodation and food services
1
Information and communications
0
Other services
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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$42.52 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$42.52 psm/mo
Observed range: S$23.69 – S$48.71

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 The Galen

Where is The Galen?⌄

The Galen is at 61 Science Park Road, Singapore 117525, in the Queenstown planning area.

What is The Galen zoned as?⌄

The Galen is zoned Business Park under the URA Master Plan, with a gross plot ratio of 2. Business Park zoning is for high-technology, R&D and knowledge-based activities rather than general industry.

What is the tenure of The Galen?⌄

The Galen is leasehold. About 74 years remain on the lease.

What have units at The Galen sold for?⌄

Across 1 recorded transaction, the median is S$718 psf. The latest was in March 2013.

What does industrial space near The Galen rent for?⌄

JTC's rental returns for Science Park Road put the median at about S$3.95 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Science Park Road, not a rent quoted for The Galen itself.

What is the nearest MRT station to The Galen?⌄

Haw Par Villa MRT is the closest, 513 m away (about a 8-minute walk).

How many businesses are registered at The Galen?⌄

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

For agents · in the PropKaki app

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Read the figures right

Completion year: as EdgeProp states it, not checked against an official record. Sales records start in 1995, which says nothing about when a building was built.

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.

Owner: the REIT or SGX-listed company whose latest valuation notice or annual report lists this building (a later divestment removes it). '(N% interest)' or '(part of the strata)' when it holds less than the whole. A building with no listed owner shows none — a private owner is never named.

Land lease expiry: the year the owner's SGX filing prints for the land lease (state land; JTC for industrial).

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".

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 EdgeProp, JTC estate boundaries, URA planning decisions, the owner's SGX filings, the owner's annual report (as filed on SGX), URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Owners, valuations and deals: the owners' own filings on SGX (notices of valuation of real assets, acquisition and divestment announcements, annual reports), facts only, each with its date.

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.