IndustrialBUSINESS 1LeaseholdDistrict 23 · Bukit Batok

The Spire

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

The Spire 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. ACRA records 299 live company registrations at this address.

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

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What are the key facts about The Spire?

Key takeawayThe Spire 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: —
Land area: 21,352 sqm
Completed: 2002 (per EdgeProp listings)
Storeys: 13 (© OpenStreetMap contributors)
Transactions on record: None recorded
Live listings: None
ACRA registrations: 299

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

About The Spire

The Spire is an industrial building in Bukit Batok (District 23). It is located along Bukit Batok Crescent, Singapore 658079.

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 21,352 sqm of land with roughly 53,380 sqm of gross floor area.

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 193 m away (about a 3-minute walk).

332 businesses are currently registered at this address with ACRA.

What is The Spire zoned as?

Key takeawayThe Spire 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 does space at The Spire rent for?

Key takeawayNo rent is published for The Spire itself. On its street, Bukit Batok Crescent, strata factory space rented at a median of $2.62 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 Bukit Batok Crescent

Street level · 2026Q3

25th pct

—

— psm

Median

$2.62

$28.18 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +3.6% on a year earlier

2023Q4 · $27.61 psm2026Q3 · $28.18 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 Spire

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.

What's been approved at The Spire?

Key takeawayURA has approved 1 change of use at The Spire since 2000, most recently in 2016, 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.

26 Sept 2022RenewedFloor 1
Continued use as core media activities
Continued use of the 1st storey warehouse units (#01-XX & #01-XX) as core media activities at the spire
25 Feb 2020RenewedFloor 1
Continued use as core media activities
Continued use of the 1st storey warehouse units (#01-XX & #01-XX) as core media activities at the spire
10 Apr 2019RenewedFloor 1
Continued use as core media activities
Continued use of the 1st storey warehouse units (#01-XX & #01-XX) as core media activities at 10 bukit batok crescent
5 Mar 2018RefusedFloor 1
Change of use: warehouse → commercial school
Proposed change of use of unit #01-XX of the spire from warehouse to commercial school on lot mk05 07748a at 10 bukit batok crescent - the spire (bukit batok planning area)
1 Sept 2016ApprovedFloor 1
Additions & alterations
Proposed additions and alterations and change of use of the 1st storey warehouse units (#01-XX & #01-XX) to core media activities
15 Apr 2016ApprovedFloor 1
Change of use to core media activities
Change of use of the 1st storey warehouse units (#01-XX & #01-XX) to core media activities

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).

How does Bukit Batok Crescent price?

Key takeawayBukit Batok Crescent's current JTC street rent is S$28.18 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 7.4% (6.7% net of property tax).

Strata sales on the street (5y)

384

Street median PSF (strata)

$406

Indicative street yield

7.4% gross

6.7% 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.

What is near The Spire?

Amenities nearby

Opp Burgundy Hill · 193 mHisemainn Medical Clinic (Bukit Batok) · 648 mEducational Institution · 719 mBusiness Park · 1.4 kmJurong Community Hospital · 1.5 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at The Spire

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Bukit Batok, 1.5 km away. No public car park we hold is within 500 m; the nearest is Blk 290H Bukit Batok Street 24 (HDB), 550 m away; the nearest URA season parking is Hillview Terrace, 1.6 km away (S$90/month).

Foot traffic: busier than 57% of industrial buildings

no MRT/LRT within 1 km (nearest Bukit Batok, 1.5 km); bus stops within 400 m: 7, about 11,000 taps a weekday; Bukit Batok: 33,792 resident workers (Census 2020, by workplace); about 20,000 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

7 bus stops within 400 m, with about 11,000 boardings and alightings on an average weekday.

Who's registered at The Spire?

Key takeaway299 live companies (and LLPs and branches; sole proprietors are not counted) list The Spire as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
71
Professional, scientific and technical services
51
Information and communications
50
Construction
41
Financial and insurance
24
Transportation and storage
20
Manufacturing
19
Administrative and support services
10
Real estate
5
Accommodation and food services
3

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$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.

Frequently asked questions about The Spire

Where is The Spire?⌄

The Spire is at Bukit Batok Crescent, Singapore 658079, in the Bukit Batok planning area.

What is The Spire zoned as?⌄

The Spire 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 Spire?⌄

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 Spire?⌄

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

Have there been any recorded transactions at The Spire?⌄

No caveats have been lodged for The Spire in the records we track. That is common for single-owner industrial buildings, which never generate strata transactions.

What does industrial space near The Spire 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 Spire itself.

How many businesses are registered at The Spire?⌄

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

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Read the figures right

Completion year: as EdgeProp listings 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.

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 listings, URA planning decisions, HDB car park information (data.gov.sg), PropKaki's foot-traffic model, 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.

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.