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Helios, Biopolis Review

Helios, Biopolis Review
Business Park & Biomedical R&D Property Review — District 05

Helios, Biopolis

A private-sector anchor building within Singapore’s flagship Biopolis biomedical R&D cluster at one-north.

SGCPI Research Desk Updated 25 August 2026 11 Biopolis Way, Singapore 138667 ≈60-YR LEASEHOLD FROM 2001

Street-level view of Helios, Biopolis, 11 Biopolis Way, Singapore 138667. Imagery: Google Street View (user-contributed imagery), accessed August 2026.

Project Overview

Building NameHelios, Biopolis
Address11 Biopolis Way, Singapore 138667
DistrictDistrict 05 (Buona Vista / one-north)
Tenure≈60-year leasehold from 2001 (JTC-granted)
Zoning / UseBusiness Park — biomedical sciences R&D
Built Form7-storey block, part of sky-bridge-linked Biopolis Phase 1 cluster
Land Area / GFA≈150,000 sq ft (building GFA, shared basement with cluster)
Completion Year2003
Nearest MRTBuona Vista (EW21/CC22), one-north (CC23)
Key Road AccessAyer Rajah Expressway (AYE), North Buona Vista Road
Transacted PSF Range≈S$2,000 – S$2,600 psf
Sale Price Range≈S$4.0 million – S$9.5 million
Asking Rent Range≈S$3.50 – S$4.80 psf/month
Occupier BaseBiomedical, pharma and life-sciences R&D firms; flexible/serviced office operators

Location & Connectivity

Helios sits at the heart of Biopolis, the biomedical sciences precinct that anchors the western end of one-north in Buona Vista. Along with Chromos, it is one of two Phase 1 buildings in the seven-tower, sky-bridge-linked cluster earmarked for private-sector occupiers, while the remaining five house A*STAR’s public research institutes. The address places it within a purpose-built research campus rather than a generic business park, which shapes both the tenant profile and the way the building is used day to day.

Connectivity is a genuine strength. Buona Vista MRT (East-West and Circle lines) and one-north MRT (Circle Line) both sit within a short walk, giving direct rail access into the CBD, Jurong East and Changi corridors without a car. Vehicle access runs via North Buona Vista Road and Commonwealth Avenue, both of which feed quickly onto the Ayer Rajah Expressway for onward travel to the airport, Jurong Innovation District or the city centre. Shuttle and shared basement parking within the Biopolis cluster reduce the need for a personal parking lot on most working days.

The immediate surrounds are dense with amenities built for a research workforce rather than retail shoppers: campus cafés, casual F&B such as Mealbox by Fusion Bistro, and a NTUC FairPrice supermarket within reasonable walking distance. For heavier retail or grocery runs, Holland Road Shopping Centre and The Star Vista are a short drive or MRT hop away, and the precinct’s proximity to the National University of Singapore, NUH and the Singapore Science Park reinforces its position within a broader innovation corridor.

Location of Helios, Biopolis. Map data: Google Maps, accessed August 2026.

Building & Facilities

Helios rises seven storeys above two shared basement levels that link the entire Biopolis Phase 1 cluster, allowing tenants to move between buildings under cover and to share back-of-house infrastructure such as loading, waste handling and mechanical plant. Floor plates are generously sized for a research campus, built with the higher floor-to-floor heights and floor loading capacities that lab and pilot-production tenants typically require, rather than the lighter specifications of a conventional CBD office tower.

Because the building was purpose-built for biomedical R&D, base infrastructure historically includes provisions for lab gas, fume exhaust risers and enhanced power capacity in designated zones, alongside conventional office fit-out in the balance of each floor. Common facilities across the cluster include basement car parking, loading bays, and campus-wide security and access control consistent with a controlled research environment. Fit-out condition varies significantly by unit depending on the previous tenant’s use — some floors retain wet-lab infrastructure, others have been reinstated to shell-and-core or Cat-A office condition.

Given the building’s age (completed 2003) and its specialised lab-linked services, prospective buyers or tenants should commission a technical due-diligence review of mechanical, electrical and exhaust systems, and confirm with JTC or the current landlord which floors retain lab-grade infrastructure versus standard office fit-out before committing to a specific unit.

Unit Types & Floor Plan Notes

Space at Helios is typically leased or sold in a mix of formats reflecting its dual role as a research building and a business park office asset. The four broad categories below give a general sense of what is usually available; exact configurations depend on which floors are on the market at any given time.

Compact Suite

≈750 – 1,200 sq ft

Entry-level office or admin suites suited to start-ups, satellite teams or back-office functions supporting a larger lab operation elsewhere in the building.

Mid-Tier Floor Plate

≈2,000 – 4,000 sq ft

The most commonly transacted size band, typically configured as a blend of open office, meeting rooms and light lab or QC space for growing biomedical teams.

Lab-Ready Space

≈1,500 – 3,500 sq ft

Units retaining or capable of supporting wet or dry lab infrastructure, with existing exhaust risers and reinforced power distribution.

Full-Floor Suite

≈8,000 – 12,000 sq ft

Whole-floor takes for regional R&D headquarters or anchor tenants requiring dedicated reception, meeting facilities and contiguous lab-office space.

Floor-to-Floor Height: ≈4.2 – 4.5 m in lab-designated zones
Floor Loading: ≈7.5 – 10 kN/m² in reinforced lab bays
Power Provision: Enhanced capacity available in designated lab risers
Lab Infrastructure: Legacy fume exhaust and gas risers on selected floors only
Parking Ratio: Shared basement parking across the Biopolis cluster

Investment Case

Helios occupies a scarce position in the Singapore commercial market: a private-sector-designated building embedded within a public biomedical research campus. That positioning brings both structural advantages and constraints that a buyer or tenant should weigh carefully before committing.

What Works

  • Direct co-location with A*STAR institutes and biomedical MNCs supports genuine research collaboration and talent access.
  • Dual MRT access via Buona Vista and one-north stations is rare for a business park asset.
  • Purpose-built lab infrastructure on select floors commands a specialised, less price-sensitive tenant pool.
  • Shared basement, loading and security infrastructure across the cluster reduces individual operating overhead.
  • Precinct-wide growth of one-north as an innovation district supports long-run demand for biomedical space.

What to Weigh Carefully

  • Building age (completed 2003) means M&E and lab systems on some floors may need near-term upgrading.
  • Use is restricted to permitted business park activities; general commercial or retail use is not allowed.
  • Remaining lease tenure directly affects bank financing quantum and eventual resale value.
  • Liquidity is thinner than CBD strata office, since buyer pools are largely limited to biomedical and R&D occupiers.
  • Specialised lab fit-out in existing units can raise reinstatement costs for tenants with a purely office-based use.

Who This Suits

Helios is best suited to biomedical, pharmaceutical and life-sciences companies that value proximity to A*STAR research institutes and the wider Biopolis ecosystem over a CBD address — from early-stage biotech start-ups needing lab-ready space to regional R&D or clinical affairs teams of larger pharma groups. It also works for flexible-workspace operators and professional services firms serving the biomedical cluster, given the strong dual-MRT access. It is less suited to retail-facing businesses, general commercial offices with no research use case, or investors seeking a highly liquid strata asset with a broad resale buyer pool, given the building’s specialised zoning and tenant base.

Frequently Asked Questions

What is Helios, Biopolis zoned for, and what activities are permitted?
Helios sits on land zoned Business Park under the URA Master Plan, with a specific emphasis on biomedical sciences research and development given its location within the Biopolis precinct. Permitted uses generally include R&D laboratories, offices supporting biomedical or technology functions, pilot production, and limited ancillary retail or F&B serving the campus population. It is not zoned for general retail, residential or unrestricted commercial use, and heavy industrial activity is also excluded. Prospective buyers or tenants planning a specific use should verify permissibility directly with URA or JTC before committing, since business park zoning is interpreted more narrowly than general commercial or industrial classifications elsewhere in Singapore.
Can foreigners buy strata space at Helios, Biopolis?
Yes. Business park and commercial properties like Helios fall outside the Residential Property Act, so foreign individuals and foreign-owned companies can generally purchase strata units without the approvals required for landed residential property. This makes Helios accessible to regional biomedical groups and multinational occupiers looking to establish an owned base in Singapore. That said, financing terms for foreign buyers can differ from those offered to Singapore-incorporated entities, and some units may carry JTC-imposed conditions on subsequent transfer or sub-letting given the underlying leasehold grant. Buyers should confirm any such restrictions with the seller’s solicitor and JTC before signing.
Does Additional Buyer’s Stamp Duty (ABSD) apply to this purchase?
ABSD in Singapore applies to residential property purchases, not to commercial or business park assets such as Helios. Buyers acquiring strata space here, whether Singapore citizens, permanent residents, foreigners or corporate entities, are therefore not subject to ABSD on this transaction. Standard Buyer’s Stamp Duty (BSD) still applies on the purchase price or market value, whichever is higher, calculated on the usual tiered scale. This is one of the reasons business park and industrial assets remain attractive relative to residential property for investors seeking exposure to Singapore real estate without the additional cooling-measure duties that apply to homes.
Is Seller’s Stamp Duty (SSD) a consideration if I want to resell quickly?
SSD for industrial and business park properties in Singapore applies if the unit is sold within three years of purchase, with rates on a declining scale depending on the holding period. This means a buyer looking to flip a unit at Helios within that window should factor SSD into their exit math, as it can materially reduce short-term trading returns. Beyond the three-year mark, SSD no longer applies, which is one reason most buyers in this segment treat the asset as a medium- to long-term hold rather than a short-term trade. Always confirm current SSD rates with IRAS before transacting, as policy settings can change.
What about Buyer’s Stamp Duty (BSD) and GST on the purchase?
BSD applies to the purchase of strata space at Helios on the same tiered basis used across Singapore commercial property, calculated on the higher of purchase price or market valuation. Separately, if the seller is GST-registered, GST may be chargeable on the sale price of the unit, since business park space is treated as a taxable supply rather than exempt residential property. Buyers using the property for a GST-registered business may be able to claim input tax on this GST, subject to normal IRAS conditions, but this should be confirmed with a tax adviser as part of due diligence rather than assumed.
How does the remaining lease affect financing options?
Helios sits on a leasehold tenure originally granted by JTC, with the remaining term steadily shortening from the original grant. Banks generally size loan quantum and tenure against the remaining lease, applying more conservative loan-to-value ratios and shorter repayment periods as the unexpired term falls below common thresholds such as 30 years. Buyers should request the exact remaining lease figure from the seller or JTC before applying for financing, since this single number can materially change both the loan amount available and the monthly repayment structure. Cash buyers face fewer constraints but should still weigh lease decay against their expected holding period.
What rental yield can an investor reasonably expect?
Based on prevailing asking rents in the ≈S$3.50 to S$4.80 psf per month range against typical strata sale pricing, gross rental yields for business park space at Helios generally sit in the mid-single-digit percentage range, broadly comparable to other one-north and Science Park assets. Actual yield depends heavily on unit condition, whether lab infrastructure is intact, and how quickly a suitable biomedical or R&D tenant can be sourced given the narrower tenant pool relative to general office space. Investors should stress-test their yield assumptions against void periods, since specialised space can take longer to lease than standard CBD office floors.
How does the building’s age affect its long-term appeal?
Completed in 2003, Helios is now over two decades old, which places it firmly in the “established” rather than “new” category of business park stock. Core structure and shared infrastructure have generally been well maintained given JTC’s original build quality and ongoing precinct management, but individual units may show their age in M&E systems, cabling and lab fit-out depending on tenant history. Buyers should budget for reinstatement or upgrading works on older units, and weigh this against the building’s strong locational advantages. Age is less of a concern here than in a purely speculative office asset, given the specialised, less commoditised nature of demand for Biopolis space.
What are the odds of en-bloc sale or redevelopment?
En-bloc sale is a much less relevant concept for JTC-granted business park land like Helios than for private strata residential developments, since redevelopment decisions for the Biopolis cluster are driven primarily by JTC’s master planning for the wider one-north precinct rather than by a strata collective sale vote among individual unit owners. Given Biopolis’s status as a flagship, actively expanding biomedical hub, near-term redevelopment or demolition of Phase 1 buildings such as Helios appears unlikely. Owners should nonetheless monitor JTC’s public masterplan updates for the precinct, as any long-term changes would originate from that level rather than from a bottom-up strata process.
What are the parking and loading arrangements like?
Helios shares basement car parking and loading facilities with the wider Biopolis Phase 1 cluster rather than maintaining fully dedicated facilities for a single building. This arrangement generally works well given the campus’s coordinated management, though peak-hour parking availability can be tighter than at a standalone building with its own dedicated lot. Loading bays serve the cluster’s shared logistics needs, including deliveries for lab consumables and equipment, and are typically managed through a centralised booking or access system. Tenants with frequent heavy deliveries or specialised equipment moves should confirm loading bay access and booking procedures with building management ahead of move-in.
What ongoing maintenance or MCST fees should I expect?
As a strata-titled business park asset, Helios is managed under a Management Corporation Strata Title (MCST) structure or an equivalent JTC-appointed management arrangement, with owners contributing monthly maintenance fees covering common area upkeep, security, shared basement facilities, lift maintenance and sinking fund contributions. Fees for business park buildings of this type and age typically run higher than standard office strata given the additional shared infrastructure supporting lab-designated floors, such as exhaust systems and enhanced power provision. Prospective buyers should request the latest MCST budget and any known upcoming major works, such as lift or façade upgrading, before finalising a purchase.
How liquid is the resale market for strata units here?
Resale liquidity for Helios strata space is moderate rather than deep, reflecting the specialised biomedical and R&D tenant base that the building serves compared with generic CBD office stock. Transaction volumes across the Biopolis cluster are lower than in mainstream office districts, and pricing can be less transparent given the smaller pool of comparable deals. This is typical of purpose-built business park assets and is not unique to Helios. Owners planning an eventual exit should budget for a longer marketing period than a CBD office unit would require, and consider engaging an agent with specific experience in one-north and Science Park transactions to reach the right buyer pool.
What types of businesses are best suited to space at Helios?
Given its zoning and legacy lab infrastructure, Helios is best suited to biomedical research organisations, pharmaceutical and clinical affairs teams, medical device developers, contract research organisations, and biotech start-ups that benefit from proximity to A*STAR institutes and the broader Biopolis network. It also accommodates professional services and flexible workspace operators serving this cluster, and administrative or regional support functions tied to a biomedical parent operation. Businesses without a genuine R&D or biomedical-adjacent use case, such as retail, F&B beyond ancillary campus service, or general consumer-facing commerce, are not well suited to the building’s zoning or its surrounding tenant ecosystem.

This article is provided for general informational purposes only and does not constitute financial, legal or investment advice. Figures marked with an approximate symbol are reasoned estimates based on publicly available data at the time of writing and should be independently verified before any transaction decision. Readers should conduct their own due diligence, including engagement of qualified legal, tax and property professionals, before buying, selling or leasing any property referenced in this article.

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