IndustrialBUSINESS 1LeaseholdDistrict 13 · Toa Payoh

135 Joo Seng Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2007
Quick Summary

135 Joo Seng Road is a industrial building in District 13 · Toa Payoh, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 1 transaction is on record since 1995, most recently in Nov 2007. 15 units are currently listed for rent. ACRA records 15 live company registrations at this address.

1

What are the key facts about 135 Joo Seng Road?

Key takeaway135 Joo Seng Road is a industrial building in District 13 · Toa Payoh, zoned BUSINESS 1, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 13 · Toa Payoh
Address
135 Joo Seng Road
Land area
—
Completed
Not on record
Storeys
7 (© OpenStreetMap contributors)
Owner
AIMS APAC REIT (SGX filings)
Estate (JTC)
Joo Seng Industrial Estate
Listed as
Light Industrial (B1), Warehouse, Factory / Workshop (B2)
Transactions on record
1 (records start 1995)
Live listings
15
ACRA registrations
15
2

Who owns 135 Joo Seng Road, and what is it valued at?

Key takeaway135 Joo Seng Road is owned by AIMS APAC REIT, a REIT listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.
135 Joo Seng Road: AIMS APAC REIT's annual report (2025)
Occupancy
81% (as of 31 Mar 2026)
Land tenure
60 years

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.

3

What are the specs at 135 Joo Seng Road?

Key takeawayThe building's specs as its sources state them — the listing agent or the management can confirm a unit's own.
Facilities
car park
Source: CommercialGuru
4

About 135 Joo Seng Road

135 Joo Seng Road is an industrial property in Toa Payoh (District 13). It is located along Joo Seng Road, Singapore 368363.

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 0 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$429 psf. The most recent was in November 2007.

Across JTC's rental returns for Joo Seng Road, the median rent for industrial space on this street works out to about S$1.47 psf per month over 103 observations. Observed medians on the street span S$0.66 to S$2.21 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 7.6 km away. The closest business-park zone is about 430 m away. The nearest MRT is Bartley MRT, 573 m away (about a 9-minute walk). The closest bus stop (Aft Paya Lebar St) is 372 m away (about a 6-minute walk).

19 businesses are currently registered at this address with ACRA.

5

What is 135 Joo Seng Road zoned as?

Key takeaway135 Joo Seng Road sits on land zoned BUSINESS 1 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 1
Gross plot ratio
2.5

Run the full zoning report for this building →

6

What has 135 Joo Seng Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Nov 2007 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2007Single-user FactoryS$25.00M58,342 sqft$429

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

7

What does space at 135 Joo Seng Road rent for?

Key takeawayNo rent is published for 135 Joo Seng Road itself. On its street, Joo Seng Road, strata factory space rented at a median of $1.95 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Joo Seng Road

Street level · 2026Q3
25th pct
—
— psm
Median
$1.95
$21.01 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +6.8% on a year earlier

2023Q4 · $22.07 psm2026Q3 · $21.01 psm median

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.

8

Market context around 135 Joo Seng Road

Key takeawayBrokers' industrial figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • 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
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • 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
Singapore Industrial MarketBeat Q2 2026

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.

9

How fast units move at 135 Joo Seng Road

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 15 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 2 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

10

What's been approved at 135 Joo Seng Road?

Key takeawayURA has approved 2 changes of use at 135 Joo Seng Road since 2000, most recently in 2013. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 28 Sept 2015RenewedFloor 3
    Continued use as e-business

    Continued use of part of 3rd storey light industrial factory (#03-XX) as e-business

  2. 6 Nov 2013ApprovedFloor 2
    Change of use to warehouse

    Change of use of the 2nd storey unit #02-XX to warehouse

  3. 21 Dec 2012ApprovedFloor 3
    Change of use to type 1 e-business

    Proposed change of use of part of 3rd storey light industrial factory (#03-XX) to type 1 e-business

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).

11

How does Joo Seng Road price?

Key takeawayJoo Seng Road's current JTC street rent is S$21.01 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 3.2% (2.9% net of property tax).
Strata sales on the street (5y)
20
Street median PSF (strata)
$733
Indicative street yield
3.2% gross
2.9% net of property tax

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.

12

What is available at 135 Joo Seng Road right now?

Key takeaway15 units are currently listed at 135 Joo Seng Road. One row per unit; several agents often market the same unit.

For rent (15)

  • 135 Joo Seng Road, 368363S$9k/mo · 3,323 sqft
  • 135 Joo Seng Road7 agentsS$20k/mo · 5,576 sqft
  • B1 Warehouse Joo Seng, Near Tai Seng MrtS$22k/mo · 7,980 sqft
  • 135 Joo Seng RoadS$5k/mo · 1,900 sqft

Browse every listing at this building →

13

What is near 135 Joo Seng Road?

Key takeawayThe nearest MRT/LRT is Bartley MRT, about 573 m away.

Getting around

Amenities nearby

Educational Institution · 134 mKong Kian Clinic · 334 mAft Paya Lebar St · 372 mBusiness Park · 430 mBartley MRT Exit A · 545 m

Straight-line distances. Source: PropKaki amenities data.

14

Getting there and parking at 135 Joo Seng Road

Key takeawayThe nearest station is Bartley (CC12), 545 m away — a moderately busy station, with about 19,000 taps in and out on an average weekday. 13 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 85% of industrial buildings

nearest MRT/LRT Bartley (CC12) 545 m, about 19,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 1, about 1,594 taps a weekday; Toa Payoh: 53,749 resident workers (Census 2020, by workplace); about 41,000 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.

Stations within 1 km

  • Bartley (CC12)545 m · about 19,000 weekday taps
  • Tai Seng (CC11)586 m · about 45,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 135 Joo Seng Road. Transfers between lines don't tap, so interchanges read low.

Bus

1 bus stop within 400 m, with 1,594 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Joo Seng Rd (URA)82 m
    S$0.60 per half-hour at midday on a weekday · 20 car lots
  • Shaw Rd (URA)249 m
    S$0.60 per half-hour at midday on a weekday · 15 car lots
  • Blk 12 To 18 Joo Seng Road (HDB)251 m
    S$0.60 per half-hour at midday on a weekday · gantry 5.4 m · 337 car lots
  • Little Rd (URA)263 m
    S$0.60 per half-hour at midday on a weekday · 6 car lots
  • Harrison Rd (URA)365 m
    S$0.60 per half-hour at midday on a weekday · 4 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Public car parks only, by straight-line distance, with the operator's published rates. 135 Joo Seng Road's own car park, if it has one, and its charges are not in the open data.

15

Who's registered at 135 Joo Seng Road?

Key takeaway15 live companies (and LLPs and branches; sole proprietors are not counted) list 135 Joo Seng Road as their registered address. These are registered businesses, not who occupies the space.
  • Construction
    5
  • Wholesale and retail trade
    4
  • Manufacturing
    2
  • Professional, scientific and technical services
    2
  • Administrative and support services
    1
  • Other services
    1
  • Financial and insurance
    0
  • Information and communications
    0
  • Accommodation and food services
    0
  • Transportation and storage
    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.

16

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$15.87 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$15.87 psm/mo
Observed range
S$7.15 – S$23.81

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.

17

Frequently asked questions about 135 Joo Seng Road

Where is 135 Joo Seng Road?⌄

135 Joo Seng Road is at 135 Joo Seng Road, Singapore 368363, in the Toa Payoh planning area.

What is 135 Joo Seng Road zoned as?⌄

135 Joo Seng Road is zoned Business 1 under the URA Master Plan, with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

What kind of business can operate at 135 Joo Seng Road?⌄

Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of 135 Joo Seng Road?⌄

135 Joo Seng Road 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 135 Joo Seng Road sold for?⌄

Across 1 recorded transaction, the median is S$429 psf. The latest was in November 2007.

What does industrial space near 135 Joo Seng Road rent for?⌄

JTC's rental returns for Joo Seng Road put the median at about S$1.47 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Joo Seng Road, not a rent quoted for 135 Joo Seng Road itself.

What is the nearest MRT station to 135 Joo Seng Road?⌄

Bartley MRT is the closest, 573 m away (about a 9-minute walk).

How many businesses are registered at 135 Joo Seng Road?⌄

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

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