IndustrialBUSINESS 1FreeholdDistrict 12 · Novena

Wee Hur Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Feb 2011

Quick Summary

Wee Hur Building is a industrial building in District 12 · Novena, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 2 transactions are on record since 1995, most recently in Feb 2011. ACRA records 41 live company registrations at this address.

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What are the key facts about Wee Hur Building?

Key takeawayWee Hur Building is a industrial building in District 12 · Novena, zoned BUSINESS 1, held freehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Freehold
District / Area: District 12 · Novena
Address: 39 Kim Keat Road
Land area: 699 sqm
Completed: Not on record
Storeys: 3 (© OpenStreetMap contributors)
Transactions on record: 2 (records start 1995)
Live listings: None
ACRA registrations: 41

About Wee Hur Building

Wee Hur Building is an industrial building in Novena (District 12). It is located along Kim Keat Road, Singapore 328814.

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 699 sqm of land with roughly 1,748 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$778 psf. The most recent was in February 2011.

Across JTC's rental returns for Kim Keat Road, the median rent for industrial space on this street works out to about S$2.80 psf per month over 82 observations. Observed medians on the street span S$0.15 to S$3.90 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 6.0 km away. The closest business-park zone is about 4.0 km away. The closest bus stop (Bef Kim Keat Lane) is 100 m away (about a 2-minute walk).

39 businesses are currently registered at this address with ACRA.

What is Wee Hur Building zoned as?

Key takeawayWee Hur Building 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 has Wee Hur Building sold for?

Key takeaway2 transactions are on record since 1995, most recently in Feb 2011 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Feb 2011	Single-user Factory	S$8.30M	7,524 sqft	$1,103
Nov 1998	Single-user Factory	S$3.40M	7,524 sqft	$452

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 Wee Hur Building rent for?

Key takeawayNo rent is published for Wee Hur Building itself. On its street, Kim Keat Road, strata factory space rented at a median of $3.92 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 Kim Keat Road

Street level · 2026Q3

25th pct

—

— psm

Median

$3.92

$42.24 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +9.3% on a year earlier

2023Q2 · $28.52 psm2026Q3 · $42.24 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 Wee Hur Building

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.

How does Kim Keat Road price?

Strata sales on the street (5y)

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

What is near Wee Hur Building?

Amenities nearby

Bef Kim Keat Lane · 100 mBlks 91/92 Whampoa Drive # · 231 mPlushealth Medical Clinic & Surgery · 241 mEducational Institution · 530 mRen Ci Community Hospital · 884 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Wee Hur Building

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Toa Payoh, 1.0 km away. 26 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 73% of industrial buildings

no MRT/LRT within 1 km (nearest Toa Payoh, 1.0 km); bus stops within 400 m: 11, about 21,000 taps a weekday; Novena: 42,829 resident workers (Census 2020, by workplace); about 64,000 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

11 bus stops within 400 m, with about 21,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Lor Ampas (URA)100 m
S$0.60 per half-hour at midday on a weekday · 5 car lots
Blk 76/77 Lorong Limau (HDB)120 m
S$0.60 per half-hour at midday on a weekday · gantry 3 m · 127 car lots
Kim Keat Close (URA)190 m
S$0.60 per half-hour at midday on a weekday · season S$90/month · 22 car lots
Blk 78A Lorong Limau (HDB)241 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 355 car lots
Blk 103/104 Jalan Rajah (HDB)255 m
S$0.60 per half-hour at midday on a weekday · 186 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.

Public car parks only, by straight-line distance, with the operator's published rates. Wee Hur Building's own car park, if it has one, and its charges are not in the open data.

Who's registered at Wee Hur Building?

Key takeaway41 live companies (and LLPs and branches; sole proprietors are not counted) list Wee Hur Building as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
30
Real estate
5
Administrative and support services
2
Accommodation and food services
2
Wholesale and retail trade
1
Construction
1
Professional, scientific and technical services
0

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$30.15 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$30.15 psm/mo
Observed range: S$1.58 – S$42.03

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 Wee Hur Building

Where is Wee Hur Building?⌄

Wee Hur Building is at 39 Kim Keat Road, Singapore 328814, in the Novena planning area.

What is Wee Hur Building zoned as?⌄

Wee Hur Building 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 Wee Hur Building?⌄

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 Wee Hur Building?⌄

Wee Hur Building is freehold.

What have units at Wee Hur Building sold for?⌄

Across 2 recorded transactions, the median is S$778 psf. The latest was in February 2011.

What does industrial space near Wee Hur Building rent for?⌄

JTC's rental returns for Kim Keat Road put the median at about S$2.80 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Kim Keat Road, not a rent quoted for Wee Hur Building itself.

How many businesses are registered at Wee Hur Building?⌄

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

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

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 URA car park data (URA Data Service), 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.