121 Banyan Drive
121 Banyan Drive is a industrial building in District 22 · Western Islands, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.5. It is leasehold with roughly 15 years remaining. 1 transaction is on record since 1995, most recently in Feb 2019. ACRA records 0 live company registrations at this address.
What are the key facts about 121 Banyan Drive?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 1.5
- Tenure
- Leasehold
- District / Area
- District 22 · Western Islands
- Address
- 121 Banyan Drive
- Land area
- —
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About 121 Banyan Drive
121 Banyan Drive is an industrial property in Western Islands (District 22). It is located along Banyan Drive, Singapore 627570.
Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
The site is leasehold, with about 15 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.
1 transaction has been recorded here, at a median of S$490 psf. The most recent was in February 2019.
Across JTC's rental returns for Banyan Drive, the median rent for industrial space on this street works out to about S$2.06 psf per month over 11 observations. Observed medians on the street span S$1.40 to S$2.47 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.
The nearest port or airport land is about 4.0 km away.
What is 121 Banyan Drive zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 1.5
What has 121 Banyan Drive sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Feb 2019 | Single-user Factory | S$227.50M | 464,389 sqft | $490 |
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.
How many companies are registered at 121 Banyan Drive?
- Live registrations
- 0
- 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.
What does industrial space rent for on this street?
- Street rent, median
- S$22.20 psm/mo
- Observed range
- S$15.07 – S$26.62
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 121 Banyan Drive
Where is 121 Banyan Drive?⌄
121 Banyan Drive is at 121 Banyan Drive, Singapore 627570, in the Western Islands planning area.
What is 121 Banyan Drive zoned as?⌄
121 Banyan Drive is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
What kind of business can operate at 121 Banyan Drive?⌄
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 121 Banyan Drive?⌄
121 Banyan Drive is leasehold. About 15 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at 121 Banyan Drive sold for?⌄
Across 1 recorded transaction, the median is S$490 psf. The latest was in February 2019.
What does industrial space near 121 Banyan Drive rent for?⌄
JTC's rental returns for Banyan Drive put the median at about S$2.06 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Banyan Drive, not a rent quoted for 121 Banyan Drive itself.
The facts are here — now get the verdict on 121 Banyan Drive.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.