IndustrialBUSINESS 2LeaseholdDistrict 22 · Boon Lay

15 Neythal Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Aug 2019
Quick Summary

15 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. 2 transactions are on record since 1995, most recently in Aug 2019. ACRA records 2 live company registrations at this address.

1

What are the key facts about 15 Neythal Road?

Key takeaway15 Neythal Road is a industrial building in District 22 · Boon Lay, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 22 · Boon Lay
Address
15 Neythal Road
Land area
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
2
2

About 15 Neythal Road

15 Neythal Road is an industrial property in Boon Lay (District 22). It is located along Neythal Road, Singapore 628580.

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 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$52 psf. The most recent was in August 2019.

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 2.0 km away. The closest business-park zone is about 2.8 km away. The closest bus stop (Markono Holdings) is 261 m away (about a 4-minute walk).

2 businesses are currently registered at this address with ACRA.

3

What is 15 Neythal Road zoned as?

Key takeaway15 Neythal Road sits on land zoned BUSINESS 2 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 2
Gross plot ratio
2.5

Run the full zoning report for this building →

4

What has 15 Neythal Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Aug 2019 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2019Single-user FactoryS$4.35M51,941 sqft$84
Jul 2002Single-user FactoryS$1.02M51,941 sqft$20

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

What is near 15 Neythal Road?

Amenities nearby

Markono Holdings · 261 mAcumed Medical Group (Pioneer) · 572 mEducational Institution · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

6

How many companies are registered at 15 Neythal Road?

Key takeawayACRA records 2 live company registrations at this address, 1 of them in the last three years.
Live registrations
2
Registered last 3 years
1

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.

7

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$10.85 psm/month — an all-time median from 2000 onwards, not a current rent.
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.

8

Frequently asked questions about 15 Neythal Road

Where is 15 Neythal Road?

15 Neythal Road is at 15 Neythal Road, Singapore 628580, in the Boon Lay planning area.

What is 15 Neythal Road zoned as?

15 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 15 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 15 Neythal Road?

15 Neythal 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 15 Neythal Road sold for?

Across 2 recorded transactions, the median is S$52 psf. The latest was in August 2019.

What does industrial space near 15 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 15 Neythal Road itself.

How many businesses are registered at 15 Neythal Road?

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

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