119 Neythal Road
119 Neythal Road is a industrial building in District 22 · Boon Lay, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 13 years remaining. 4 transactions are on record since 1995, most recently in Jun 2024. ACRA records 3 live company registrations at this address.
What are the key facts about 119 Neythal Road?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 22 · Boon Lay
- Address
- 119 Neythal Road
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Owner
- Mapletree Logistics Trust (SGX filings)
- Estate (JTC)
- Jurong Industrial Estate
- Transactions on record
- 4 (records start 1995)
- Live listings
- None
- ACRA registrations
- 3
Who owns 119 Neythal Road, and what is it valued at?
- Land tenure
- 60 years
- Announced 13 Jun 2024 · completed 12 Sep 2024HSBC Institutional Trust Services (Singapore) Limited (in its capacity as trustee of MLT) sold 119 Neythal Road for S$13.8 million (sale price).At the time: NLA 120,427 sq ft
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.
About 119 Neythal Road
119 Neythal Road is an industrial property in Boon Lay (District 22). It is located along Neythal Road, Singapore 628605.
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 13 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$160 psf. The most recent was in June 2024.
Across JTC's rental returns for Neythal Road, the median rent for industrial space on this street works out to about S$1.01 psf per month over 8 observations. Observed medians on the street span S$0.27 to S$1.95 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.
2 industrial projects are still uncompleted on this street, adding about 25,590 sqm of gross floor area, the earliest due around 2026.
The nearest port or airport land is about 2.4 km away. The closest business-park zone is about 2.3 km away. The closest bus stop (Aft Pioneer Rd Nth) is 75 m away (about a 1-minute walk).
5 businesses are currently registered at this address with ACRA.
What is 119 Neythal Road zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
What has 119 Neythal Road sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jun 2024 | Single-user Factory | S$13.80M | 97,036 sqft | $142 |
| Nov 2007 | Single-user Factory | S$17.27M | 97,036 sqft | $178 |
| Aug 2007 | Single-user Factory | S$17.27M | 97,036 sqft | $178 |
| Nov 2003 | Single-user Factory | S$2.00M | 97,036 sqft | $21 |
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
Market context around 119 Neythal Road
- Factory (ground floor): Rent S$1.81 psf/mth
- Factory (upper floor): Rent S$1.41 psf/mth
- Prime logistics: Rent S$1.87 psf/mth · Capital value S$245 psf · Net yield 6.5%
- Warehouse (ground floor): Rent S$1.91 psf/mth
- Warehouse (upper floor): Rent S$1.39 psf/mth
- Factory - Ground Floor: Rent S$1.79 psf/mth
- Factory - Upper Floor: Rent S$1.57 psf/mth
- High-Tech: Rent S$3.56 psf/mth
- Prime Logistics - Ground Floor: Rent S$1.92 psf/mth
- Prime Logistics - Upper Floor: Rent S$1.74 psf/mth
- Warehouse - Ground Floor: Rent S$1.81 psf/mth
- Warehouse - Upper Floor: Rent S$1.49 psf/mth
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.
What's been approved at 119 Neythal Road?
- 9 Apr 2025RenewedChange of use
Continued use of secondary workers' dormitory (for 358 workers) to the existing 5 storey single user industrial development
- 5 Feb 2020ApprovedChange of use to secondary workers dormitory
Proposed change of use of the approved 3rd storey secondary workers dormitory, part 2nd storey, part 4th storey, and part 5th storey production areas to secondary workers dormitory (358 workers) to the existing 5 storey single user industrial development
- 27 Jun 2018ApprovedChange of use to secondary workers' dormitory
Proposed change of use of the 3rd storey production area to secondary workers' dormitory (220 workers) in the existing 5 storey single user industrial development on lot 00882k mk 06 at 119 neythal road (boon lay planning area)
- 12 Jun 2009ApprovedChange of use to workers' dormitory
Proposed change of use and additions and alterations of existing factory area to workers' dormitory at 4th storey of existing 5th storey factory
- 12 Aug 2005ApprovedAdditions & alterations
Proposed change of use and additions and alterations of existing factory area to workers' dormitory at 4th storey of existing 5th storey factory on plot a1434
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).
What is near 119 Neythal Road?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 119 Neythal Road
no MRT/LRT within 1 km (nearest Pioneer, 1.1 km); bus stops within 400 m: 9, about 1,427 taps a weekday; Boon Lay: 19,300 resident workers (Census 2020, by workplace); about 4,825 residents within 1 km (June 2026). Ranked against 8,225 industrial buildings by PropKaki's model: a relative score, not a footfall count.
A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.
Bus
9 bus stops within 400 m, with 1,427 boardings and alightings on an average weekday.
Who's registered at 119 Neythal Road?
- Wholesale and retail trade1
- Construction1
- Manufacturing1
- Professional, scientific and technical services0
- Administrative and support services0
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.
What does industrial space rent for on this street?
- Street rent, median
- S$10.85 psm/mo
- Observed range
- S$2.88 – S$20.99
- Pipeline on this street
- 2 projects · earliest TOP 2026
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.
Frequently asked questions about 119 Neythal Road
Where is 119 Neythal Road?⌄
119 Neythal Road is at 119 Neythal Road, Singapore 628605, in the Boon Lay planning area.
What is 119 Neythal Road zoned as?⌄
119 Neythal Road 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 119 Neythal Road?⌄
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 119 Neythal Road?⌄
119 Neythal Road is leasehold. About 13 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at 119 Neythal Road sold for?⌄
Across 4 recorded transactions, the median is S$160 psf. The latest was in June 2024.
What does industrial space near 119 Neythal Road rent for?⌄
JTC's rental returns for Neythal Road put the median at about S$1.01 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Neythal Road, not a rent quoted for 119 Neythal Road itself.
How many businesses are registered at 119 Neythal Road?⌄
5 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on 119 Neythal Road.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
