IndustrialBUSINESS 1LeaseholdDistrict 22 · Clementi

Tradehub 21

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2024
Quick Summary

Tradehub 21 is a industrial building in District 22 · Clementi, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.0. It is leasehold with roughly 37 years remaining. 15 transactions are on record since 1995, most recently in Jul 2024. ACRA records 22 live company registrations at this address.

1

What are the key facts about Tradehub 21?

Key takeawayTradehub 21 is a industrial building in District 22 · Clementi, zoned BUSINESS 1, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.0
Tenure
Leasehold
District / Area
District 22 · Clementi
Address
24 Boon Lay Way
Land area
Transactions on record
15 (records start 1995)
Live listings
None
ACRA registrations
22
2

About Tradehub 21

Tradehub 21 is an industrial building in Clementi (District 22). It is located along Boon Lay Way, Singapore 609969.

Under the URA Master Plan the site is zoned Business 1 with a gross plot ratio of 2. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

The site is leasehold, with about 37 years left to run.

15 transactions have been recorded here, at a median of S$493 psf. The most recent was in July 2024.

Across JTC's rental returns for Boon Lay Way, the median rent for industrial space on this street works out to about S$2.30 psf per month over 77 observations. Observed medians on the street span S$1.37 to S$3.73 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 3.7 km away. The closest business-park zone is about 377 m away. The closest bus stop (Aft Boon Lay Sub Stn) is 204 m away (about a 3-minute walk).

22 businesses are currently registered at this address with ACRA.

3

What is Tradehub 21 zoned as?

Key takeawayTradehub 21 sits on land zoned BUSINESS 1 with a gross plot ratio of 2.0.
Land-use zone
BUSINESS 1
Gross plot ratio
2.0

Run the full zoning report for this building →

4

What has Tradehub 21 sold for?

Key takeawayAcross 15 recorded transactions since 1995, the median price is about S$1.92M, most recently in Jul 2024.
DateUsePriceAreaPSF
Jul 2024Multiple-user FactoryS$2.20M3,854 sqft$571
Jan 2023Multiple-user FactoryS$2.10M3,854 sqft$545
Jan 2021Multiple-user FactoryS$1.77M3,854 sqft$459
Aug 2016Multiple-user FactoryS$1.80M3,854 sqft$467
May 2016Multiple-user FactoryS$1.92M3,854 sqft$498
Mar 2016Multiple-user FactoryS$1.90M3,854 sqft$493
Oct 2015Multiple-user FactoryS$1.95M3,854 sqft$506
Aug 2015Multiple-user FactoryS$3.90M7,707 sqft$506
Jul 2015Multiple-user FactoryS$2.00M3,854 sqft$519
Jun 2015Multiple-user FactoryS$2.00M3,854 sqft$519

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 Boon Lay Way price?

Key takeawayBoon Lay Way's current JTC street rent is S$27.94 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 5.8% (5.3% net of property tax).
Strata sales on the street (5y)
154
Street median PSF (strata)
$525
Indicative street yield
5.8% gross
5.3% 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 near Tradehub 21?

Amenities nearby

Aft Boon Lay Sub Stn · 204 mBusiness Park · 377 mDrs Koo, Han & Associates · 432 mJurong Community Hospital · 798 mEducational Institution · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Tradehub 21?

Key takeawayACRA records 22 live company registrations at this address, 4 of them in the last three years.
Live registrations
22
Registered last 3 years
4

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.

8

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$24.76 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$24.76 psm/mo
Observed range
S$14.74 – S$40.18

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.

9

Frequently asked questions about Tradehub 21

Where is Tradehub 21?

Tradehub 21 is at 24 Boon Lay Way, Singapore 609969, in the Clementi planning area.

What is Tradehub 21 zoned as?

Tradehub 21 is zoned Business 1 under the URA Master Plan, with a gross plot ratio of 2. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

What kind of business can operate at Tradehub 21?

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 Tradehub 21?

Tradehub 21 is leasehold. About 37 years remain on the lease.

What have units at Tradehub 21 sold for?

Across 15 recorded transactions, the median is S$493 psf. The latest was in July 2024.

What does industrial space near Tradehub 21 rent for?

JTC's rental returns for Boon Lay Way put the median at about S$2.30 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Boon Lay Way, not a rent quoted for Tradehub 21 itself.

How many businesses are registered at Tradehub 21?

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

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