IndustrialBUSINESS 1LeaseholdDistrict 13 · Toa Payoh

138 Joo Seng Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2006
Quick Summary

138 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. 2 transactions are on record since 1995, most recently in Jun 2006. 7 units are currently listed for rent. ACRA records 22 live company registrations at this address.

1

What are the key facts about 138 Joo Seng Road?

Key takeaway138 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
138 Joo Seng Road
Land area
Transactions on record
2 (records start 1995)
Live listings
7
ACRA registrations
22
2

About 138 Joo Seng Road

138 Joo Seng Road is an industrial property in Toa Payoh (District 13). It is located along Joo Seng Road, Singapore 368361.

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.

2 transactions have been recorded here, at a median of S$174 psf. The most recent was in June 2006.

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 7.7 km away. The closest business-park zone is about 289 m away. The nearest MRT is Tai Seng MRT, 509 m away (about a 8-minute walk). The closest bus stop (Aft Paya Lebar St) is 243 m away (about a 4-minute walk).

22 businesses are currently registered at this address with ACRA.

3

What is 138 Joo Seng Road zoned as?

Key takeaway138 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 →

4

What has 138 Joo Seng Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jun 2006 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2006Single-user FactoryS$13.00M48,223 sqft$270
Aug 2005Single-user FactoryS$3.80M48,223 sqft$79

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

How does Joo Seng Road price?

Key takeawayJoo Seng Road's current JTC street rent is S$22.61 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 3.1% (2.8% net of property tax).
Strata sales on the street (5y)
21
Street median PSF (strata)
$712
Indicative street yield
3.1% gross
2.8% 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.

6

What is available at 138 Joo Seng Road right now?

Key takeaway7 units are currently listed at 138 Joo Seng Road. One row per unit; several agents often market the same unit.

For rent (7)

  • 🌟 Joo seng | Ground floor factory warehouse | direct loading bays | MRTS$20k/mo · 5,570 sqft
  • Affordable light industrial near Tai Seng MRT2 agentsS$25k/mo · 13,671 sqft
  • D13 B1 Industrial unit Ground Floor near TaiSeng MRTS$20k/mo · 12,821 sqft
  • D13 B1 Ground Floor Industrial unit near TaiSeng MRTS$34k/mo · 26,500 sqft

Browse every listing at this building →

7

What is near 138 Joo Seng Road?

Key takeawayThe nearest MRT/LRT is Tai Seng MRT, about 509 m away.

Getting around

Amenities nearby

Tai Seng Clinic · 212 mAft Paya Lebar St · 243 mEducational Institution · 260 mBusiness Park · 289 mTai Seng MRT Exit A · 391 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 138 Joo Seng Road?

Key takeawayACRA records 22 live company registrations at this address, 4 of them in the last three years.
Live registrations
22
Registered last 3 years
4

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.

9

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.

10

Frequently asked questions about 138 Joo Seng Road

Where is 138 Joo Seng Road?

138 Joo Seng Road is at 138 Joo Seng Road, Singapore 368361, in the Toa Payoh planning area.

What is 138 Joo Seng Road zoned as?

138 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 138 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 138 Joo Seng Road?

138 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 138 Joo Seng Road sold for?

Across 2 recorded transactions, the median is S$174 psf. The latest was in June 2006.

What does industrial space near 138 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 138 Joo Seng Road itself.

What is the nearest MRT station to 138 Joo Seng Road?

Tai Seng MRT is the closest, 509 m away (about a 8-minute walk).

How many businesses are registered at 138 Joo Seng Road?

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

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