Jun Jie Industrial Building Freehold En Bloc Sale 2026

The Business 1 site at 153 Kampong Ampat offers a prominent corner position and potential workers’ dormitory use, subject to approval.

A familiar industrial address in Tai Seng is entering the collective sale market, with a possible new chapter beyond its existing use.

Jun Jie Industrial Building at 153 Kampong Ampat has been launched for public tender with a guide price of S$105 million.

The freehold property combines a substantial site with a visible corner location, while potential workers’ dormitory use adds another option for prospective buyers to explore.

Knight Frank Singapore announced the launch on 28 September 2026 and is handling the sale.

📍 Address: 153 Kampong Ampat, Singapore 368326
🏢 Property: Seven storey industrial building
🔑 Tenure: Freehold
💰 Guide price: S$105 million
📐 Land area: 43,354 sq ft
🏗️ Existing gross floor area: Approximately 114,969 sq ft
📋 Zoning: Business 1 use
📊 Planning plot ratio: 2.5
📊 Existing plot ratio: Approximately 2.65
🤝 Marketing agent: Knight Frank Singapore

Business 1 Site with Existing Industrial Floor Space

Jun Jie Industrial Building occupies land zoned for Business 1 use, with a planning plot ratio of 2.5.

Its existing gross floor area represents a higher plot ratio of approximately 2.65.

Knight Frank puts the guide land rate at approximately S$913 per square foot per plot ratio.

Buyers considering redevelopment will need to establish the development parameters applicable to their proposed plans.

The building sits at the corner of Kampong Ampat and Upper Aljunied Link, within the established Tai Seng and MacPherson industrial area.

Its extensive road frontage gives the property strong visibility.

Knight Frank highlights owner occupation, redevelopment and potential worker accommodation among the possibilities that could interest different purchasers.

Potential Workers’ Dormitory Use Requires Approval

According to the marketing agent, authorities have indicated support for workers’ dormitory use at the site.

That support remains conditional. A detailed proposal must be submitted and approved, and the project must comply with the relevant planning and regulatory requirements.

For buyers, worker accommodation is therefore an option to investigate.

The announcement does not confirm an approved dormitory conversion or a change to the site’s stated Business 1 zoning.

The launch follows several freehold industrial transactions reported this year.

Among Singapore’s biggest collective sale deals announced in 2026 was Kingsford Group’s S$950 million agreement to acquire Tan Boon Liat Building in July.

The freehold industrial landmark on Outram Road stood out for the scale of the transaction, which marketing agent Cushman & Wakefield described as potentially the year’s largest en bloc deal at the time.

The agreement remained subject to owners’ approval and other conditions when announced.

A former Fujifilm Asia Pacific headquarters building on New Industrial Road fetched S$71 million in June, while Hwa Yew Industrial Building at Mandai Estate sold for S$72 million in May.

Knight Frank’s senior director of capital markets, Melvin Chay, cited recent industrial activity as evidence of continued demand for well-located freehold properties.

These transactions provide market context, although their different locations and property characteristics mean they are not direct valuation comparisons.

The public tender for Jun Jie Industrial Building closes at 10am on Friday, 23 October 2026.