Vantage Automotive Centre

Asset class

Industrial

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Tenure

Leasehold

District / Area

District 3 · Queenstown

Address

305 Alexandra Road

Land area

6,928 sqm

Transactions on record

1 (records start 1995)

Live listings

None

ACRA registrations

36

Vantage Automotive Centre is an industrial property in Queenstown (District 03). It is located along Alexandra Road, Singapore 159942.

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 6,928 sqm of land with roughly 17,326 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$214 psf. The most recent was in September 2002.

Across JTC's rental returns for Alexandra Road, the median rent for industrial space on this street works out to about S$3.42 psf per month over 98 observations. Observed medians on the street span S$0.94 to S$4.20 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 2.3 km away. The closest business-park zone is about 1.4 km away. The nearest MRT is Queenstown MRT, 586 m away (about a 9-minute walk). The closest bus stop (Bef IKEA Ind Bldg) is 140 m away (about a 2-minute walk).

36 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Run the full zoning report for this building →

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.

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.

Straight-line distances. Source: PropKaki amenities data.

Live registrations

36

Registered last 3 years

0

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.

Street rent, median

S$36.81 psm/mo

Observed range

S$10.09 – S$45.21

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.