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Mactech Building Review

Mactech Building Review
Industrial & Commercial Property Review — District 13

Mactech Building

A freehold B1 light industrial address off Kallang Pudding Road, minutes from Potong Pasir and Mattar MRT.

SGCPI Research Desk Updated August 2026 2 Kallang Pudding Road, Singapore 349307 FREEHOLD

Street-level view of Mactech Building, 2 Kallang Pudding Road, Singapore 349307. Imagery: Google Street View (user-contributed imagery), accessed August 2026.

Project Overview

Building NameMactech Building
Address2 Kallang Pudding Road, Singapore 349307
DistrictDistrict 13 (Macpherson / Potong Pasir)
TenureFreehold
Zoning / UseB1 Light Industrial
Built Form≈8-storey light industrial block with multi-storey car park, cargo & passenger lift lobbies
Land Area / GFA7,957 sqm land / 19,888 sqm GFA (≈85,600 / ≈214,100 sq ft)
Completion Year≈1995 (MCST constituted 27 Jul 1995)
Nearest MRTMattar (DT25), Potong Pasir (NE10)
Key Road AccessPIE, KPE, TPE expressways
Transacted PSF Range≈S$980 – S$1,220 psf
Sale Price RangeS$1,450,000 – S$2,699,999
Asking Rent Range≈S$1,200 – S$5,999 per unit/month
Occupier BaseSME manufacturers, warehousing/logistics, engineering and light-assembly trades

Location & Connectivity

Mactech Building sits along Kallang Pudding Road, a well-established industrial enclave on the fringe of the Macpherson and Potong Pasir residential belt in District 13. The immediate surroundings are dominated by mid-rise B1 light industrial and warehouse developments, giving the precinct a functional, business-park character rather than a mixed-use one — a point that matters for occupiers who need predictable industrial neighbours rather than encroaching residential sensitivities over noise, loading or operating hours.

Connectivity is one of the building’s stronger cards. Mattar MRT Station on the Downtown Line and Potong Pasir MRT Station on the North-East Line are both within comfortable walking distance, with Tai Seng and Bartley stations on the Circle Line also reachable for staff commuting from the eastern and central corridors. For vehicular and freight access, the site benefits from proximity to the Pan-Island Expressway (PIE), the Kallang-Paya Lebar Expressway (KPE) and the Tampines Expressway (TPE), which together give tenants efficient reach into the eastern industrial belt, the city centre and Changi Airport for cargo movements.

Amenities within the immediate vicinity are geared toward a working-day population — coffeeshops, canteens and F&B outlets in neighbouring industrial blocks, an NTUC FairPrice supermarket nearby, and the larger NEX and The Poiz Centre malls a short drive or ride away for banking, retail and after-work errands. Several primary and secondary schools sit within the surrounding residential pockets, which is a secondary consideration for owner-occupiers who also live locally.

Location of Mactech Building. Map data: Google Maps, accessed August 2026.

Building & Facilities

Mactech Building is a mid-rise B1 light industrial development of roughly eight storeys, built around a rectangular floor plate with a mix of factory, warehouse and ancillary office units. Vertical circulation is served by a combination of passenger lifts and multiple cargo lifts, which listings indicate can include units with high floor-to-ceiling clearances of up to approximately 6.5 metres — a specification that suits mezzanine fit-outs, racking systems and equipment-heavy operations.

Loading and unloading provisions cater to both 20-footer and 40-footer container traffic, which is a meaningful differentiator for logistics and freight-forwarding occupiers compared with smaller B1 buildings that only accommodate light vans. Car parking is available on an ample basis for staff and visitors, supplemented by dedicated container parking bays. Common areas follow the standard industrial-building formula — functional lobbies, service corridors and utility risers — rather than the lifestyle-amenity finishes seen in newer business parks.

As with any freehold industrial asset approaching three decades of age, prospective buyers and tenants should factor in a fabric and mechanical-and-electrical due-diligence review — lift maintenance records, roof and facade condition, and fire-safety certification are worth verifying directly with the MCST managing agent before committing to a purchase or long-term lease.

Unit Types & Floor Plan Notes

Unit sizes at Mactech Building span a fairly wide range, from compact factory units suited to small workshops through to larger warehouse-format spaces for bulk storage or production lines. The four indicative configurations below reflect the spread typically seen in recent listings and transactions.

Compact Factory Unit

≈1,200 – 1,300 sq ft

Entry-level factory footprint suited to small workshops, precision assembly or ancillary storage, typically transacted in the S$984 – S$1,069 psf band based on recent deals.

Mid-Tier Industrial Unit

≈2,000 – 2,600 sq ft

A popular size band for engineering firms and light manufacturers, often featuring high ceilings and cargo-lift access for equipment installation.

Warehouse / Storage Unit

≈2,000 – 3,000 sq ft

Ground- or low-floor units favoured by logistics and distribution tenants, with container-parking access and typically lower transacted psf than upper-floor factory space.

Owner-Occupier Combination Unit

≈2,500 – 3,500 sq ft

Larger combined or adjoining units suited to owner-operators wanting production floor plus a small office or showroom component under one title.

Ceiling Height: ≈4.5m – 6.5m clear (unit-dependent)
Lift Provision: Multiple passenger lifts plus ≈6 cargo lifts
Loading: 20-footer and 40-footer container access
Floor Loading: ≈7.5 – 10 kN/sqm typical for B1 factory floors (verify per unit)
Power Supply: Three-phase electrical supply available, capacity to be confirmed per unit with building management

Investment Case

Mactech Building’s core appeal rests on its freehold tenure and its strong multi-line MRT accessibility, both of which are relatively scarce combinations among Singapore’s older B1 industrial stock. At the same time, its age and specification place real limits on how it competes against newer, higher-spec business park developments.

What Works

  • Freehold tenure removes lease-decay risk entirely, a genuine rarity for B1 industrial stock in this price band.
  • Walkable access to two MRT lines (Downtown and North-East) plus proximity to a third (Circle Line).
  • Container-capable loading bays and cargo lifts suit logistics and freight-handling tenants directly.
  • High ceiling clearance in select units supports mezzanine or racking fit-outs, adding usable volume.
  • Established, functioning MCST with an active managing agent since 1995, indicating a track record of upkeep.

What to Weigh Carefully

  • Building age (≈30 years) means M&E systems and common-area finishes are dated relative to newer developments.
  • Total unit count and historical transaction volume are thin, which can make comparable valuation harder.
  • B1 zoning restricts occupier use strictly to permitted light-industrial activities — verify eligibility before purchase.
  • Rental range spans widely (≈S$1,200 – S$5,999 per unit), reflecting significant variance in unit size and specification.
  • Older freehold industrial buildings carry a background en-bloc possibility that can affect long-term holding certainty.

Who This Suits

Mactech Building is best suited to owner-occupier SMEs in light manufacturing, engineering, assembly or ancillary trades who value freehold ownership and don’t need a showpiece building — the specification is functional rather than premium. It also suits logistics and warehousing operators who need genuine container access rather than just a loading bay for vans, given the 20-footer and 40-footer provision on site. For investors, the appeal is narrower and more selective: freehold industrial assets in this size and price band can offer a defensive, inflation-hedged addition to a portfolio, but buyers should go in with realistic expectations on rental yield and resale liquidity given the building’s age and relatively thin transaction history, and should budget for ongoing maintenance and eventual upgrading costs rather than assuming a purely passive hold.

Frequently Asked Questions

What is Mactech Building zoned for, and what businesses can operate there?
Mactech Building is zoned B1 Light Industrial under URA’s Master Plan, which permits clean, non-pollutive light manufacturing, engineering, assembly, warehousing and ancillary office use directly supporting an industrial operation. It does not permit general office use as a primary function, retail storefronts, or heavy/pollutive industrial processes involving significant noise, fumes or hazardous materials without specific approval. Before committing to a purchase or lease, occupiers should confirm their intended activity against the current URA use classification and, where relevant, apply for change-of-use approval. Ancillary office space is typically capped at a percentage of the unit’s gross floor area, so businesses planning a large administrative headcount alongside production should verify the exact ratio permitted for their specific unit.
Can foreigners buy a unit at Mactech Building?
Yes. Unlike residential property, Singapore’s Residential Property Act restrictions on foreign ownership do not apply to industrial properties such as Mactech Building. Foreign individuals and foreign-owned companies can generally purchase B1 industrial units without prior government approval, subject to standard company registration and compliance requirements if buying through a corporate entity. That said, financing terms for foreign buyers are often less favourable than for Singapore citizens or PRs, with banks typically offering lower loan-to-value ratios and stricter income-verification requirements. Prospective foreign buyers should also factor in that industrial property does not qualify for the same owner-occupier financing schemes available to residential buyers, so cash flow planning matters more.
Does ABSD apply to an industrial unit purchase at Mactech Building?
No. Additional Buyer’s Stamp Duty (ABSD) applies specifically to residential property purchases in Singapore and does not extend to industrial or commercial property such as Mactech Building. Buyers, whether Singaporean, PR or foreign, purchasing an industrial unit here will not incur ABSD regardless of how many other properties they already own. This is one of the structural advantages industrial property holds over residential property for portfolio diversification, since acquisition costs are materially lower. Buyers will, however, still be liable for standard Buyer’s Stamp Duty (BSD) on the purchase price or market value, whichever is higher, calculated on the usual tiered BSD schedule.
Is Seller’s Stamp Duty (SSD) a concern when reselling a unit here?
Seller’s Stamp Duty for industrial property applies if the unit is sold within three years of purchase, on a tiered basis: broadly around 15% if sold within the first year, 10% in the second year, and 5% in the third year, calculated on the higher of the sale price or market value. After the three-year holding period, no SSD applies. This means investors planning a shorter-term flip at Mactech Building need to price the SSD cost into their exit assumptions, while owner-occupiers or longer-term holders are largely unaffected. As tax rules can be revised, buyers should confirm the prevailing SSD schedule with IRAS or a conveyancing lawyer before transacting.
What Buyer’s Stamp Duty (BSD) applies on a purchase at Mactech Building?
Buyer’s Stamp Duty is payable on all Singapore property purchases, including industrial units at Mactech Building, calculated on a progressive scale applied to the purchase price or market value, whichever is higher. Broadly, the rate starts at 1% on the first S$180,000, rising through several bands to 3%, 4% and up to around 5–6% for higher-value tiers depending on current IRAS schedules. On a typical unit here transacting in the S$1.45 million to S$2.7 million range, BSD would represent a meaningful five-figure cost that should be budgeted into total acquisition expenses alongside legal fees and any financing charges.
Is GST payable on the purchase of an industrial unit at Mactech Building?
GST treatment depends on the seller’s GST-registration status and whether the property is sold with vacant possession or as a tenanted investment. If the seller is a GST-registered entity selling the unit as part of a taxable business activity, GST at the prevailing rate may be chargeable on top of the purchase price. If the seller is an individual or a non-GST-registered entity, no GST typically applies. Buyers structuring the purchase through a company should also consider whether they can register for GST themselves to potentially recover input tax on associated costs. This is a technical area, so buyers should verify GST treatment with their conveyancing lawyer or tax adviser before signing the Option to Purchase.
How does financing work given the building’s remaining structural life, and does freehold tenure matter here?
Because Mactech Building is freehold, there is no leasehold decay to factor into bank valuations or loan tenure — a meaningful advantage over 30-year or 60-year leasehold industrial stock, where financing terms shorten and valuations soften as the remaining lease runs down. Banks typically offer loan-to-value ratios of around 70–80% for industrial property, subject to the borrower’s profile and whether the purchase is via an individual or corporate entity. Loan tenures for industrial property are generally shorter than residential, often capped around 25–30 years or tied to the borrower’s working age. Buyers should still budget for a comprehensive structural and M&E inspection given the building’s age, as this can influence a bank’s internal risk assessment.
What kind of rental yield can an investor expect at Mactech Building?
Based on the observed asking rental range of roughly S$1,200 to S$5,999 per unit per month against sale prices spanning S$1.45 million to S$2.7 million, gross rental yields for B1 industrial stock in this location typically fall in the broad range of 3% to 5% per annum, though actual outcomes vary significantly by unit size, floor level and fit-out condition. Investors should stress-test this against vacancy periods, agent commissions, MCST maintenance fees and property tax, all of which erode gross yield. As with most older industrial buildings, rental demand tends to correlate closely with the tenant’s operational fit — container access, ceiling height and power supply — rather than purely on headline psf pricing.
How does the building’s age affect its long-term investment outlook?
At roughly three decades old, Mactech Building sits firmly in the “mature industrial stock” category. This typically means lower acquisition psf compared with newer business park developments, but also higher near-to-medium-term capital expenditure risk on lifts, roofing, fire-safety systems and common-area M&E as these components approach end-of-life. Buyers should request the MCST’s sinking fund position and recent maintenance history before purchase, since a well-funded sinking fund reduces the risk of large ad-hoc special levies. Age is not necessarily a deterrent for owner-occupiers prioritising freehold tenure and location over building specification, but investors chasing capital appreciation should model conservative assumptions.
Is there a realistic prospect of en-bloc redevelopment at Mactech Building?
En-bloc potential for older freehold industrial buildings depends on plot ratio headroom, land size, and collective owner appetite, none of which can be confirmed without a formal feasibility study commissioned by the MCST or a developer. Given the site’s land area of approximately 7,957 sqm and its established GFA, there may be some redevelopment upside if URA plot ratio allowances for the area increase over time, but this should be treated as a long-term, speculative possibility rather than a near-term catalyst. Prospective buyers should not factor en-bloc premiums into their purchase decision and should instead evaluate the unit on its standalone rental and resale merits.
What parking and loading provisions does Mactech Building offer?
The building provides ample car parking for staff and visitors alongside dedicated container parking bays supporting both 20-footer and 40-footer trailers, a specification that is genuinely useful for logistics, freight-forwarding and distribution occupiers rather than purely cosmetic. Loading and unloading areas connect to multiple cargo lifts, which is an important consideration for tenants moving heavy machinery, pallets or bulk goods between floors. Buyers or tenants with specific vehicle turning-radius, dock-leveller or loading-bay-height requirements should conduct a physical site visit to confirm suitability, as these details are not always evident from listing photos or floor plans alone.
What are typical MCST maintenance fees for a unit at Mactech Building?
As an established MCST (constituted since 1995) covering a sizeable GFA of around 19,888 sqm, maintenance fees at Mactech Building are levied on a per-share-value basis typical of Singapore industrial strata developments, generally covering common-area cleaning, lift servicing, security, fire-safety compliance and sinking fund contributions. Exact monthly quantum varies by unit share value and should be confirmed directly with the managing agent or through the property’s latest MCST accounts, which prospective buyers are entitled to review during due diligence. Budgeting a reasonable monthly maintenance allowance on top of property tax and any financing costs is essential when underwriting total occupancy cost.
How liquid is the resale market for units at Mactech Building?
Recorded transaction volume for Mactech Building has been relatively modest based on available data, which is typical for a smaller, older strata industrial building compared with larger newer business parks that see more frequent turnover. This means sellers should expect a longer marketing period and should price competitively against comparable B1 stock in the immediate Kallang Pudding Road and Macpherson micro-market to attract genuine interest. Freehold tenure does provide some structural support for resale appeal versus leasehold alternatives, but buyers relying on a quick exit should treat this as a medium-to-long-term hold rather than a short-cycle trading asset.
What types of businesses are best suited to operating from Mactech Building?
Given its B1 zoning, container-capable loading, high-ceiling units and cargo lift provision, Mactech Building suits light manufacturing, precision engineering, product assembly, warehousing, distribution and logistics operators, as well as trade and repair businesses needing genuine industrial floor specification rather than office-style space. It is less suited to businesses requiring showroom-style walk-in retail frontage, food production requiring extensive wet-process infrastructure without prior approval, or any activity classified as heavy or pollutive industry under URA guidelines. Businesses considering a move here should map their operational floor-loading, power and ventilation requirements against the specific unit’s specifications before committing.
What should a buyer’s due-diligence checklist include before purchasing at Mactech Building?
Beyond the standard legal title search and Option to Purchase review, buyers should request the MCST’s latest maintenance accounts and sinking fund balance, confirm the unit’s permitted use aligns with intended business activity, verify floor-loading capacity and available power supply against equipment needs, and physically inspect ceiling height, lift access and loading-bay proximity. It is also worth checking recent URA caveats for comparable transactions in the building to validate asking price against realistic market levels, and confirming with a conveyancing lawyer whether any outstanding encumbrances, subdivision restrictions or use-conversion conditions apply to the specific unit being purchased.

This article is provided for general informational purposes only and does not constitute financial, legal, tax or investment advice. Figures marked with “≈” are reasoned estimates based on publicly available listings and transaction data at the time of research and may not reflect current market conditions. Prospective buyers and tenants should conduct independent due diligence and consult qualified professionals, including a licensed property agent, lawyer and financial adviser, before making any purchase, lease or investment decision. Data accuracy is not guaranteed and is subject to change without notice.

© 2026 SG Commercial Property Insights. All rights reserved.

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