Type

Units

Min Area

Price Range

Studio

2500 sqft

S$988K – S$2.9M

Other

2500 sqft

S$2.9M

Property Highlights

Commercial development with 3 units currently available.
Prices currently range from S$988K to S$2.9M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$198K on this acquisition.
Located 11 min (920 m) from DT28 Kaki Bukit MRT Station.

Price Trends & Rental Yield

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Entrepreneur Business Centre: Industrial Commercial Space in Kaki Bukit

Entrepreneur Business Centre stands as a purposeful commercial development in the heart of Singapore's established Kaki Bukit industrial corridor. Situated at 18 Kaki Bukit Road 3, this property presents ground floor units that cater to a diverse range of industrial and commercial operators seeking versatile, strategically located workspace.

The development's units are characterised by generous floor plates and rectangular configurations that maximise operational flexibility. With individual units spanning approximately 2,500 square feet, the spaces lend themselves naturally to manufacturing, light industrial, storage, and ancillary operations. What distinguishes Entrepreneur Business Centre from comparable properties in the immediate vicinity is the regulatory approval permitting 100% use as industrial canteens—a classification that opens significant income-generation pathways for both owner-occupiers and investment-focused purchasers.

Location and Transport Connectivity

Proximity to the Mass Rapid Transit network remains a cornerstone of this development's appeal. Kaki Bukit MRT Station (DT28) sits just 600 metres away, a straightforward ten-minute walk or quick ride by internal shuttle services. This positioning ensures reliable access for staff, suppliers, and service visitors throughout the working day. The Kaki Bukit corridor itself benefits from secondary MRT stations at Ubi (DT27, 900 metres distant) and Tai Seng (CC11, 1.6 kilometres away), creating a tri-station catchment that enhances accessibility for workers arriving from multiple residential zones across the island.

The neighbourhood's wider transport infrastructure extends to Eunos Station (EW7) at approximately 1.9 kilometres, further broadening the geographic reach from which operational staff might commute. For logistics-dependent businesses, the industrial zone's proximity to major arterial roads ensures efficient movement of goods and materials without unnecessary delay or congestion penalties during peak periods.

Regulatory Approvals and Operational Flexibility

Entrepreneur Business Centre units carry formal approval for industrial canteen usage, a regulatory designation that significantly enhances their commercial potential. This approval pathway removes uncertainty around change-of-use applications and permits operators to transition seamlessly between primary industrial functions and food service operations. Purchasers evaluating the space for canteen conversion find the approval already embedded within the unit's classification, streamlining planning timelines and reducing administrative friction.

The current operational history of units within the development—presently configured as factories with integrated storage—demonstrates the resilience and adaptability of the spaces. This existing use case validates the structural adequacy and service provisions (utilities, drainage, ventilation) necessary for heavier industrial activity, whilst the canteen approval simultaneously positions the units for more service-oriented commercial deployment should market conditions or operator strategy shift in future years.

Investment Yield Characteristics

For capital investors evaluating acquisition within Entrepreneur Business Centre, the rental yield profile merits particular attention. Individual canteen stalls within comparable on-site food service operations command monthly rental values in the region of S$10,000, translating to substantial gross rental yields when calculated against the development's prevailing acquisition price points. This yield cushion attracts both institutional investors seeking stable income streams and sophisticated owner-operators pursuing hybrid strategies combining personal operational use with income-generating sub-tenancies.

The broader industrial canteen ecosystem across Singapore's mature business parks demonstrates consistent demand underpinned by the necessity for on-site food services within labour-intensive manufacturing and logistics zones. Entrepreneur Business Centre's positioning within the Kaki Bukit precinct—a densely occupied industrial cluster—ensures reliable footfall and user demand, reducing vacancy risk and supporting premium rental positioning relative to peripheral or newly-opened competing sites.

Recent Market Transactions and Pricing Context

Market pricing for comparable units within Entrepreneur Business Centre has recently settled at approximately S$1,120 per square foot, as evidenced by a transaction conducted in May 2025. Current asking prices position new inventory at S$1,152 per square foot, representing a modest appreciation of approximately 2.9% above the recent comparable baseline. This tight differential reflects a balanced market in which buyer and seller expectations remain well-aligned, minimising negotiation friction and supporting predictable transaction velocity.

The price-per-square-foot metric provides purchasers with a transparent benchmarking tool against both historical transactions within the same development and competing stock across adjacent industrial parks. This transparency facilitates informed decision-making and reduces the information asymmetry that can characterise commercial property acquisition in markets with lower transaction frequency.

Amenities and Neighbourhood Character

The immediate environs of Entrepreneur Business Centre include established retail and F&B anchors, including a major hypermarket chain, that support both business operations and employee convenience. On-site canteen facilities within the larger compound eliminate the need for off-site meal provisioning, enhancing workplace efficiency and reducing lunch-hour congestion. These amenities reinforce the industrial zone's attractiveness as a destination for both corporate tenants and self-employed operators.

Considerations for Purchasers

Prospective acquirers should note that Goods and Services Tax (GST) applies to transactions within this development, a detail that requires incorporation into total cost-of-acquisition calculations. Additionally, all marketing materials and property descriptions remain subject to update by ownership or relevant authorities, and physical measurements represent approximate guidance only, with final dimensions confirmed through professional survey upon purchase completion.

Entrepreneur Business Centre represents a pragmatic choice for purchasers seeking established industrial stock with transparent recent pricing, strong MRT connectivity, and embedded regulatory flexibility. The combination of generous floor plates, canteen-use approval, and proximity to the Kaki Bukit transport node positions these units as serviceable acquisitions for both owner-operators and yield-focused investors within Singapore's competitive commercial real estate landscape.

Frequently Asked Questions

What rental yield can investors realistically expect from units at Entrepreneur Business Centre if operated as industrial canteens?

Individual canteen stalls within the development and comparable on-site food service operations command monthly rents around S$10,000, which translates to annual gross rental income of S$120,000 per stall. For a unit acquisition price in the region of S$2.88 million, sub-letting individual stalls or sections could generate gross yields between 4% and 5% depending on stall count and rental optimisation. The regulatory approval for 100% canteen use removes change-of-use friction, enabling operators to transition revenue models without planning delays or uncertainty. Investors should factor in operating costs, maintenance, and potential vacancy periods when calculating net yield, but the embedded demand from the dense industrial workforce in Kaki Bukit provides a reliable anchor for occupancy expectations.

How does the current asking price per square foot compare to recent market transactions in the same development?

The most recent comparable transaction within Entrepreneur Business Centre, conducted in May 2025, settled at S$1,120 per square foot. Current asking prices for available units position at S$1,152 per square foot, representing an increase of approximately 2.9% above that recent benchmark. This modest appreciation suggests a balanced market with reasonable alignment between buyer expectations and seller valuations, minimising negotiation friction and supporting transparent price discovery. The tight differential also indicates that the development has not experienced speculative price escalation, positioning it as a stable, fundamentals-driven investment choice rather than a speculative opportunity.

What is the Additional Buyer's Stamp Duty (ABSD) impact for a Singapore Citizen purchasing a second property at this development?

Singapore Citizens acquiring a second residential property incur Additional Buyer's Stamp Duty (ABSD) at 20% on the purchase price, applied on top of standard Buyer's Stamp Duty. For a unit purchased at S$2.88 million, the ABSD liability would total S$576,000, significantly increasing total acquisition cost. However, it is crucial to note that Entrepreneur Business Centre is classified as a commercial development, not residential; ABSD applies specifically to residential property purchases and does not apply to commercial or industrial space acquisitions. Purchasers should confirm the exact classification of the unit they are acquiring with their conveyancer to ensure accurate tax provisioning, but commercial units within this development should not trigger ABSD liability.

Are there lease decay or long-term resale value concerns associated with units at Entrepreneur Business Centre?

Entrepreneur Business Centre operates under commercial property tenure, which typically differs materially from residential leasehold structures prone to lease decay. Commercial industrial properties in Singapore are commonly held under long-term leases (999 years or longer) or freehold arrangements that do not experience the value erosion seen in residential leasehold properties as remaining tenure shortens. The structural condition and utility infrastructure required to support industrial and canteen operations remain durable and functional across multi-decade holding periods when properly maintained. Prospective purchasers should clarify the exact tenure (freehold versus leasehold term) with their conveyancer, but commercial classification and the development's location within an established industrial cluster suggest minimal long-term resale value risk attributable to lease decay.

How does proximity to Kaki Bukit MRT Station (DT28) influence demand and capital appreciation for units in this development?

Kaki Bukit MRT Station sits just 600 metres from Entrepreneur Business Centre, providing ten-minute walking access and reliable public transport connectivity for staff, suppliers, and service visitors. MRT proximity enhances the development's appeal to corporate tenants and logistics operators who prioritise employee commute efficiency and multimodal accessibility. Secondary stations at Ubi (DT27, 900 metres) and Tai Seng (CC11, 1.6 kilometres) expand the transport catchment further, supporting demand from a wider geographic origin of workers. Industrial properties with strong MRT connectivity typically command premium rents and valuations relative to peripheral, car-dependent sites; the three-station clustering around Entrepreneur Business Centre positions it as a first-choice location for operators seeking to minimise transport friction, supporting capital appreciation potential and faster tenant acquisition cycles.

Is Entrepreneur Business Centre suitable for high-net-worth individuals, upgraders, first-time buyers, or specialist investors?

Entrepreneur Business Centre primarily attracts specialist commercial investors and owner-operators rather than residential buyer cohorts. High-net-worth individuals utilising commercial property as a diversified investment vehicle may find the development appealing for its transparent pricing, embedded regulatory approvals, and reliable yield characteristics; the recent S$1,120 per square foot comparable provides clear market benchmarking. First-time commercial property buyers benefit from the straightforward unit configurations and established operational use cases demonstrating the spaces' suitability for industrial and food service deployment. Owner-operators building standalone canteen or manufacturing businesses find the regulatory approvals and MRT connectivity particularly valuable, eliminating planning uncertainty and reducing commute barriers for staff recruitment. Residential upgraders would not typically consider this property, as it serves commercial rather than residential functions. Specialist yield investors seeking income-generating commercial stock with sub-letting potential find the canteen-use approval and S$10,000-per-stall rental benchmark particularly compelling.

What financing headroom and Total Debt Service Ratio (TDSR) implications exist for purchasers at typical Entrepreneur Business Centre price points?

Units at Entrepreneur Business Centre trade around S$2.88 million, requiring substantial equity contribution or debt financing headroom from prospective purchasers. Commercial property financing typically requires 30% to 40% down payment from institutional lenders, necessitating S$864,000 to S$1.15 million in cash reserves before borrowing. For borrowers with moderately leveraged portfolios, the combination of this acquisition price and ongoing property maintenance costs, plus mortgage servicing, may absorb meaningful portions of TDSR capacity—typically capped at 60% by conservative lenders. Purchasers should model financing scenarios with reference to current commercial mortgage rates (typically 3% to 4% above base lending rate) and obtain pre-approval confirmation from their lender before entering into negotiations. The investment-grade yield profile and commercial classification may support higher LTV (loan-to-value) ratios than residential properties in some lending scenarios, but individual bank policies vary significantly.

How does Entrepreneur Business Centre compare to competing commercial developments in the Kaki Bukit industrial precinct?

Entrepreneur Business Centre occupies a well-established position within the Kaki Bukit corridor, one of Singapore's densest industrial and light manufacturing zones. Competing developments in the immediate vicinity include other factory and warehouse properties offering comparable floor plates and MRT proximity, though not all carry the formal approval for 100% canteen use that Entrepreneur Business Centre features. The development's recent comparable pricing at S$1,120 per square foot provides a transparent market benchmark; competing stock in similar condition typically trades within a 5% to 10% range of this figure depending on floor level, age, and specific operational suitability. Entrepreneur Business Centre distinguishes itself through the combination of regulatory canteen approval (reducing planning friction), recent transaction transparency, and proximity to the three-station MRT cluster. Purchasers should obtain comparable quotes from competing industrial parks to validate pricing, but the development's established track record and clear regulatory status position it competitively relative to newer entrants or peripheral alternatives.

Which unit stack or floor level within Entrepreneur Business Centre offers the best value proposition for acquirers?

Entrepreneur Business Centre's ground floor units carry particular advantage for industrial and canteen operations, eliminating elevator dependencies and facilitating rapid goods movement, staff ingress/egress, and delivery coordination. Ground floor positioning commands a slight premium in industrial markets due to these operational efficiencies, but the development's rectangular configurations and generous 2,500-square-foot footprints ensure functional viability across multiple levels. Purchasers prioritising operational efficiency and tenant appeal for canteen sub-letting should weight ground floor units despite modest price premiums, as superior accessibility typically justifies higher rental positioning and faster tenant acquisition. Investor-focused buyers less concerned with personal operational use may find upper-floor units offer superior value on a price-per-square-foot basis, though with recognition that ground floor rents will remain slightly ahead. The development's modest scale and straightforward design suggest limited variance in value across available units; pricing should be driven primarily by floor level and specific dimensional characteristics rather than structural or zoning differentiation.

What is the future supply pipeline for commercial and industrial property in the Kaki Bukit and adjacent districts?

The Kaki Bukit industrial precinct is a mature, well-established zone with limited undeveloped land available for new construction. Most forward supply comprises intensification of existing sites or conversion of aging industrial stock to higher-value uses (cold storage, logistics, food manufacturing). The proximity to Kaki Bukit, Ubi, and Tai Seng MRT stations, coupled with the zone's established character and restrictive land-use planning, suggests that substantial new competing supply is unlikely to materialise in the medium term. However, ongoing gentrification pressures and rising land values may eventually drive conversion of some industrial parcels to residential or mixed-use development, potentially reducing the pure industrial accommodation stock. Purchasers acquiring commercial units in Entrepreneur Business Centre should view their investment within this context: the location's supply constraints and MRT connectivity support long-term value retention, but the gradual shift toward higher-density uses may eventually alter the zone's industrial character. Current acquisition at transparent, market-tested pricing positions buyers favourably before any potential supply constraints or use-conversion pressures materialise.

Factory At 18 Kaki Bukit Road 3 — From S$988K