1 Genting Lane

Asset class

Industrial

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Tenure

Leasehold

District / Area

District 13 · Geylang

Address

1 Genting Lane

Land area

—

Completed

Not on record

Storeys

6 (© OpenStreetMap contributors)

Owner

Mapletree Logistics Trust (SGX filings)

Net lettable area

65,122 sq ft (the owner's SGX filings)

Estate (JTC)

Kolam Ayer Industrial Estate

Listed as

Light Industrial (B1)

Transactions on record

4 (records start 1995)

Live listings

3

ACRA registrations

16

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

1 Genting Lane is an industrial property in Geylang (District 13). It is located along Genting Lane, Singapore 349544.

Under the URA Master Plan the site is zoned Business 1 with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

The site is leasehold, with about 22 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

4 transactions have been recorded here, at a median of S$303 psf. The most recent was in December 2024.

Across JTC's rental returns for Genting Lane, the median rent for industrial space on this street works out to about S$1.60 psf per month over 106 observations. Observed medians on the street span S$0.73 to S$2.20 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

1 industrial project is still uncompleted on this street, adding about 17,170 sqm of gross floor area, the earliest due around 2027.

The nearest port or airport land is about 6.4 km away. The closest business-park zone is about 1.9 km away. The nearest MRT is Potong Pasir MRT, 552 m away (about a 9-minute walk). The closest bus stop (Bef Genting Lk) is 30 m away (about a 0-minute walk).

20 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Run the full zoning report for this building →

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter

Official series (JTC, 2026Q3): Multiple-User Factory occupancy (island-wide) 90.3% (-0.7 pp on the year) · Single-User Factory occupancy (island-wide) 89.1% (0 pp on the year) · Warehouse occupancy (island-wide) 89.7% (+0.1 pp on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

1. 1 Apr 2026ApprovedFloor 6
   Change of use to general industry

   Change of use of the 6th storey unit #06-XX to general industry

2. 27 Aug 2018Agency works
   Additions & alterations

   Lodgment for proposed additions and alterations with addition a loading platform to existing 7-storey single user light industry building

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

An INDICATIVE street-level yield, not a yield for any particular unit: the current-quarter JTC street rent divided by the street's strata sale PSF median.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Street figures cover strata deals only — land and strata PSF are not comparable.

Browse every listing at this building →

Straight-line distances. Source: PropKaki amenities data.

• Wholesale and retail trade
  11
• Manufacturing
  1
• Professional, scientific and technical services
  1
• Construction
  1
• Administrative and support services
  1
• Financial and insurance
  1
• Information and communications
  0
• Transportation and storage
  0
• Education
  0
• Arts, entertainment and recreation
  0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

Street rent, median

S$17.23 psm/mo

Observed range

S$7.82 – S$23.68

Pipeline on this street

1 project · earliest TOP 2027

JTC street medians span 2000 to today and are an all-time level, not today's asking rent; the forward pipeline is a forecast, not committed completions.