IndustrialBUSINESS 1LeaseholdDistrict 23 · Bukit Batok

The Splendour

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

The Splendour 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. 111 transactions are on record since 1995, most recently in Jan 2026. 20 units are currently listed for sale or rent. ACRA records 164 live company registrations at this address.

1

What are the key facts about The Splendour?

Key takeawayThe Splendour 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
31 Bukit Batok Crescent
Land area
15,155 sqm
Transactions on record
111 (records start 1995)
Live listings
20
ACRA registrations
164
2

About The Splendour

The Splendour is an industrial building in Bukit Batok (District 23). It is located along Bukit Batok Crescent, Singapore 658070.

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 15,155 sqm of land with roughly 37,888 sqm of gross floor area.

111 transactions have been recorded here, at a median of S$253 psf. The most recent was in January 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 4.7 km away. The closest business-park zone is about 1.4 km away. The closest bus stop (Wang-Fu Ind Pte Ltd) is 217 m away (about a 3-minute walk).

164 businesses are currently registered at this address with ACRA.

3

What is The Splendour zoned as?

Key takeawayThe Splendour 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 Splendour sold for?

Key takeawayAcross 111 recorded transactions since 1995, the median price is about S$2.10M, most recently in Jan 2026.
DateUsePriceAreaPSF
Jan 2026Multiple-user FactoryS$3.20M8,665 sqft$369
Oct 2025Multiple-user FactoryS$3.10M8,665 sqft$358
Jul 2025Multiple-user FactoryS$3.85M10,237 sqft$376
Jun 2025Multiple-user FactoryS$1.84M8,665 sqft$212
Apr 2025Multiple-user FactoryS$3.33M8,999 sqft$369
Nov 2024Multiple-user FactoryS$3.50M8,665 sqft$404
Sept 2024Multiple-user FactoryS$3.30M8,665 sqft$381
Jun 2024Multiple-user FactoryS$3.30M8,665 sqft$381
May 2024Multiple-user FactoryS$3.03M8,665 sqft$350
Apr 2024Multiple-user FactoryS$3.30M8,665 sqft$381

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 Splendour right now?

Key takeaway20 units are currently listed at The Splendour6 for sale and 14 for rent. One row per unit; several agents often market the same unit.

For sale (6)

  • The SplendourS$868k · 2,250 sqft
  • The SplendourS$2.80M · 4,456 sqft
  • The Splendour3 agentsS$3.60M · 8,665 sqft
  • The SplendourS$3.50M · 8,662 sqft

For rent (14)

  • The SplendourS$4k/mo · 1,678 sqft
  • The SplendourS$4k/mo · 1,615 sqft
  • The Splendour2 agentsS$4k/mo · 1,883 sqft
  • The Splendour2 agentsS$3k/mo · 1,270 sqft

Browse every listing at this building →

7

What is near The Splendour?

Amenities nearby

Wang-Fu Ind Pte Ltd · 217 mHisemainn Medical Clinic (Bukit Batok) · 776 mEducational Institution · 826 mBusiness Park · 1.4 kmJurong Community Hospital · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at The Splendour?

Key takeawayACRA records 164 live company registrations at this address, 42 of them in the last three years.
Live registrations
164
Registered last 3 years
42

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 Splendour

Where is The Splendour?

The Splendour is at 31 Bukit Batok Crescent, Singapore 658070, in the Bukit Batok planning area.

What is The Splendour zoned as?

The Splendour 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 Splendour?

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 Splendour?

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

What have units at The Splendour sold for?

Across 111 recorded transactions, the median is S$253 psf. The latest was in January 2026.

What does industrial space near The Splendour 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 Splendour itself.

How many businesses are registered at The Splendour?

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

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