IndustrialBUSINESS 2LeaseholdDistrict 22 · Pioneer

1 Lok Yang Way

Reviewed by Nathan TangUpdated 10 August 2026Data through Nov 2009
Quick Summary

1 Lok Yang Way is a industrial building in District 22 · Pioneer, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 2 transactions are on record since 1995, most recently in Nov 2009. 3 units are currently listed for rent. ACRA records 3 live company registrations at this address.

1

What are the key facts about 1 Lok Yang Way?

Key takeaway1 Lok Yang Way is a industrial building in District 22 · Pioneer, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 22 · Pioneer
Address
1 Lok Yang Way
Land area
Transactions on record
2 (records start 1995)
Live listings
3
ACRA registrations
3
2

About 1 Lok Yang Way

1 Lok Yang Way is an industrial property in Pioneer (District 22). It is located along Lok Yang Way, Singapore 628623.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

2 transactions have been recorded here, at a median of S$40 psf. The most recent was in November 2009.

Across JTC's rental returns for Lok Yang Way, the median rent for industrial space on this street works out to about S$1.75 psf per month over 3 observations. Observed medians on the street span S$0.65 to S$1.87 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 46,510 sqm of gross floor area, the earliest due around 2029.

The nearest port or airport land is about 2.4 km away. The closest business-park zone is about 2.6 km away. The closest bus stop (Hoe Keng Motor) is 117 m away (about a 2-minute walk).

3 businesses are currently registered at this address with ACRA.

3

What is 1 Lok Yang Way zoned as?

Key takeaway1 Lok Yang Way sits on land zoned BUSINESS 2 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 2
Gross plot ratio
2.5

Run the full zoning report for this building →

4

What has 1 Lok Yang Way sold for?

Key takeaway2 transactions are on record since 1995, most recently in Nov 2009 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2009Single-user FactoryS$19.00M516,967 sqft$37
May 2007Single-user FactoryS$22.00M516,967 sqft$43

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.

5

What is available at 1 Lok Yang Way right now?

Key takeaway3 units are currently listed at 1 Lok Yang Way. One row per unit; several agents often market the same unit.

For rent (3)

  • Factory with Mezz office, Corporate ImageS$35k/mo · 16,300 sqft
  • 2 Dedicated Bay | 7m High @ JurongS$14k/mo · 8,000 sqft
  • 8m High | 9 Bays | Optional Racks @ JurongS$101k/mo · 67,000 sqft

Browse every listing at this building →

6

What is near 1 Lok Yang Way?

Amenities nearby

Hoe Keng Motor · 117 mAcumed Medical Group (Pioneer) · 129 mEducational Institution · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at 1 Lok Yang Way?

Key takeawayACRA records 3 live company registrations at this address.
Live registrations
3
Registered last 3 years
0

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

8

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$18.84 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$18.84 psm/mo
Observed range
S$6.98 – S$20.12
Pipeline on this street
1 project · earliest TOP 2029

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.

9

Frequently asked questions about 1 Lok Yang Way

Where is 1 Lok Yang Way?

1 Lok Yang Way is at 1 Lok Yang Way, Singapore 628623, in the Pioneer planning area.

What is 1 Lok Yang Way zoned as?

1 Lok Yang Way is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at 1 Lok Yang Way?

Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of 1 Lok Yang Way?

1 Lok Yang Way is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 1 Lok Yang Way sold for?

Across 2 recorded transactions, the median is S$40 psf. The latest was in November 2009.

What does industrial space near 1 Lok Yang Way rent for?

JTC's rental returns for Lok Yang Way put the median at about S$1.75 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Lok Yang Way, not a rent quoted for 1 Lok Yang Way itself.

How many businesses are registered at 1 Lok Yang Way?

3 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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