Knight Frank Singapore has announced the launch of 153 Kampong Ampat for collective sale by public tender. This seven-storey industrial building, located in the Tai Seng–MacPherson precinct, sits on approximately 43,354 sq ft of freehold land. Zoned as “Business 1” with a plot ratio of 2.5 under the Master Plan 2025, the property boasts a gross floor area of about 114,969 sq ft, translating to a plot ratio of 2.65.
Situated on Singapore’s city fringe, the property benefits from prominent visibility and extensive road frontage. Its freehold tenure and strategic location make it an attractive prospect for investment, owner occupation, or redevelopment. Additionally, the site holds potential for conversion into worker accommodation, subject to regulatory approval.
The industrial property market in Singapore remains strong, as evidenced by the swift sale of Generations at Tannery, where units fetched between S$1,500 and S$2,000 per square foot. Melvin Chay, Senior Director of Capital Markets at Knight Frank Singapore, noted the sustained demand for well-located freehold assets, stating, “With its scale, visibility and flexibility for owner occupation, redevelopment or potential workers’ dormitory use, 153 Kampong Ampat should attract interest from a diverse pool of purchasers.”
The property is offered at a guide price of S$105m, equating to a land rate of approximately S$913 per square foot per plot ratio. The public tender is set to close on 23 October 2026 at 10.00 am.
