129 Kallang Way
129 Kallang Way is a industrial building in District 13 · Geylang. It is leasehold with roughly 45 years remaining. 1 transaction is on record since 1995, most recently in Aug 2004. ACRA records 0 live company registrations at this address.
What are the key facts about 129 Kallang Way?
- Asset class
- Industrial
- Land-use zone
- Not on record
- Gross plot ratio
- —
- Tenure
- Leasehold
- District / Area
- District 13 · Geylang
- Address
- 129 Kallang Way
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About 129 Kallang Way
129 Kallang Way is an industrial property in Geylang (District 13). It is located along Kallang Way, Singapore 349233.
The site is leasehold, with about 45 years left to run.
1 transaction has been recorded here, at a median of S$11 psf. The most recent was in August 2004.
Across JTC's rental returns for Kallang Way, the median rent for industrial space on this street works out to about S$1.71 psf per month over 66 observations. Observed medians on the street span S$1.31 to S$4.35 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 111,150 sqm of gross floor area, the earliest due around 2028.
What has 129 Kallang Way sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Aug 2004 | Single-user Factory | S$137k | 12,006 sqft | $11 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at 129 Kallang Way rent for?
Strata factory space on Kallang Way
Street level · 2026Q3S$ per sq ft per month (median only published) · median +2.4% on a year earlier
This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.
Source: JTC J-SPACE, rental of industrial space by street.
Market context around 129 Kallang Way
- 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.
How many companies are registered at 129 Kallang Way?
- 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$18.41 psm/mo
- Observed range
- S$14.10 – S$46.82
- Pipeline on this street
- 1 project · earliest TOP 2028
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 129 Kallang Way
Where is 129 Kallang Way?⌄
129 Kallang Way is at 129 Kallang Way, Singapore 349233, in the Geylang planning area.
What is the tenure of 129 Kallang Way?⌄
129 Kallang Way is leasehold. About 45 years remain on the lease.
What have units at 129 Kallang Way sold for?⌄
Across 1 recorded transaction, the median is S$11 psf. The latest was in August 2004.
What does industrial space near 129 Kallang Way rent for?⌄
JTC's rental returns for Kallang Way put the median at about S$1.71 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Kallang Way, not a rent quoted for 129 Kallang Way itself.
The facts are here — now get the verdict on 129 Kallang Way.
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.