Thye Hong Industrial Centre
Thye Hong Industrial Centre 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 freehold. 1 transaction is on record since 1995, most recently in Sept 2020. 9 units are currently listed for rent. ACRA records 287 live company registrations at this address.
What are the key facts about Thye Hong Industrial Centre?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Freehold
- District / Area
- District 3 · Bukit Merah
- Address
- 2 Leng Kee Road
- Land area
- 5,952 sqm
- Completed
- Not on record
- Storeys
- Not on record
- Listed as
- Light Industrial (B1)
- Transactions on record
- 1 (records start 1995)
- Live listings
- 9
- ACRA registrations
- 287
About Thye Hong Industrial Centre
Thye Hong Industrial Centre is an industrial building in Bukit Merah (District 03). It is located along Leng Kee Road, Singapore 159086.
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 freehold. It sits on about 5,952 sqm of land with roughly 17,900 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$766 psf. The most recent was in September 2020.
Across JTC's rental returns for Leng Kee Road, the median rent for industrial space on this street works out to about S$2.50 psf per month over 105 observations. Observed medians on the street span S$2.05 to S$4.00 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.
1 industrial project is still uncompleted on this street, adding about 17,900 sqm of gross floor area, the earliest due around 2030.
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, 267 m away (about a 4-minute walk). The closest bus stop (SIS Bldg) is 105 m away (about a 2-minute walk).
301 businesses are currently registered at this address with ACRA.
What is Thye Hong Industrial Centre zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has Thye Hong Industrial Centre sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Sept 2020 | Multiple-user Factory | S$112.50M | 146,832 sqft | $766 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Thye Hong Industrial Centre rent for?
Strata factory space on Leng Kee Road
Street level · 2026Q3S$ per sq ft per month (median only published) · median +36.2% on a year earlier
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 Thye Hong Industrial Centre
- 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
- 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
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.
How fast units move at Thye Hong Industrial Centre
Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 1 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 Thye Hong Industrial Centre?
- 23 Jul 2026ApprovedFloor 1Change of use to motorvehicle showroom
Proposed change of use of industrial canteen units #01-XX and #01-XX to motorvehicle showroom
- 13 Jul 2026RefusedFloor 3Change of use to commercial school
Proposed change of use of unit #03-XX to commercial school
- 17 Apr 2026ApprovedFloor 3Change of use to industrial training
Proposed change of use of unit #03-XX of the existing 6-storey multi-user light industrial development to industrial training
- 25 Feb 2025ApprovedFloor 1Change of use to showroom
Proposed change of use of 1st storey premises of unit #01-XX and unit #01-XX to showroom
- 21 Feb 2025RenewedFloor 1Continued use as gym/fitness centre
Continued use of unit #01-XX as gym/fitness centre
- 9 Oct 2024RefusedFloor 2Change of use to office
Proposed change of use of #02-XX to office
- 4 Sept 2024RenewedFloor 2Continued use as industrial training centre
Continued use of unit #02-XX light industrial factory as industrial training centre
- 8 Aug 2024RenewedFloor 1Continued use as industrial canteen
Continued use of #01-XX, #01-XX & #01-XX as industrial canteen
- 2 May 2023ApprovedFloor 3Change of use to student care centre
Proposed change of use of factory unit #03-XX to student care centre at thye hong industrial centre
- 17 Feb 2023ApprovedFloor 3Change of use to student care centre
Proposed change of use of factory unit #03-XX to student care centre at thye hong industrial centre
- 20 Oct 2021ApprovedAdditions & alterations
Proposed addition & alteration to existing 6-storey multi-user light industrial building mk01 on lot 01983x at 2 leng kee road (thye hong centre) (bukit merah planning area)
- 18 Sept 2019RenewedFloor 2Continued use as industrial training centre
Continued use of unit #02-XX light industrial factory as industrial training centre
6 earlier change-of-use and A&A decisions are on record since 2000.
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 Thye Hong Industrial Centre right now?
For rent (9)
- Thye Hong Centre2 agentsS$6k/mo · 1,284 sqft
- Thye Hong Centre4 agentsS$5k/mo · 1,280 sqft
- B1 Industrial / Office / Storage @ RedhillS$9k/mo · 2,185 sqft
- Thye Hong CentreS$14k/mo · 3,300 sqft
What is near Thye Hong Industrial Centre?
Getting around
- Redhill MRT267 m · ~4 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Thye Hong Industrial Centre
nearest MRT/LRT Redhill (EW18) 266 m, about 39,000 taps a weekday; bus stops within 400 m: 18, about 28,000 taps a weekday; Bukit Merah: 103,575 resident workers (Census 2020, by workplace); about 47,000 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.
Stations within 1 km
- Redhill (EW18)266 m · about 39,000 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 Thye Hong Industrial Centre. Transfers between lines don't tap, so interchanges read low.
Bus
18 bus stops within 400 m, with about 28,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Blk 61 Lengkok Bahru (HDB)146 mS$0.60 per half-hour at midday on a weekday · 26 car lots
- Blk 64 Lengkok Bahru (HDB)159 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 169 car lots
- Blk 58/59 Lengkok Bahru (HDB)167 mS$0.60 per half-hour at midday on a weekday · gantry 4.5 m
- Blk 129A Clarence Lane (HDB)210 mS$0.60 per half-hour at midday on a weekday · gantry 2 m · 245 car lots
- Leng Kee Rd (URA)254 mS$0.60 per half-hour at midday on a weekday · 24 car lots
HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.
Nearest URA season parking: Ganges Ave Off St, 1.9 km away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. Thye Hong Industrial Centre's own car park, if it has one, and its charges are not in the open data.
Who's registered at Thye Hong Industrial Centre?
- Wholesale and retail trade85
- Professional, scientific and technical services71
- Financial and insurance27
- Information and communications26
- Transportation and storage15
- Construction14
- Health and social services13
- Education12
- Manufacturing9
- Administrative and support services6
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?
- Street rent, median
- S$26.91 psm/mo
- Observed range
- S$22.07 – S$43.05
- Pipeline on this street
- 1 project · earliest TOP 2030
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 Thye Hong Industrial Centre
Where is Thye Hong Industrial Centre?⌄
Thye Hong Industrial Centre is at 2 Leng Kee Road, Singapore 159086, in the Bukit Merah planning area.
What is Thye Hong Industrial Centre zoned as?⌄
Thye Hong Industrial Centre 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 Thye Hong Industrial Centre?⌄
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 Thye Hong Industrial Centre?⌄
Thye Hong Industrial Centre is freehold.
What have units at Thye Hong Industrial Centre sold for?⌄
Across 1 recorded transaction, the median is S$766 psf. The latest was in September 2020.
What does industrial space near Thye Hong Industrial Centre rent for?⌄
JTC's rental returns for Leng Kee Road put the median at about S$2.50 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Leng Kee Road, not a rent quoted for Thye Hong Industrial Centre itself.
What is the nearest MRT station to Thye Hong Industrial Centre?⌄
Redhill MRT is the closest, 267 m away (about a 4-minute walk).
How many businesses are registered at Thye Hong Industrial Centre?⌄
301 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on Thye Hong Industrial Centre.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
