23 Playfair Road
23 Playfair 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 freehold. 1 transaction is on record since 1995, most recently in Mar 2021. 2 units are currently listed for sale. ACRA records 0 live company registrations at this address.
What are the key facts about 23 Playfair Road?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Freehold
- District / Area
- District 13 · Toa Payoh
- Address
- 23 Playfair Road
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Listed as
- Light Industrial (B1), Warehouse
- Transactions on record
- 1 (records start 1995)
- Live listings
- 2
- ACRA registrations
- 0
About 23 Playfair Road
23 Playfair Road is an industrial property in Toa Payoh (District 13). It is located along Playfair Road, Singapore 367989.
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 freehold.
1 transaction has been recorded here, at a median of S$1,785 psf. The most recent was in March 2021.
Across JTC's rental returns for Playfair Road, the median rent for industrial space on this street works out to about S$1.73 psf per month over 105 observations. Observed medians on the street span S$0.80 to S$2.93 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.
4 industrial projects are still uncompleted on this street, adding about 14,460 sqm of gross floor area, the earliest due around 2027.
The nearest port or airport land is about 7.3 km away. The closest business-park zone is about 582 m away. The nearest MRT is Tai Seng MRT, 264 m away (about a 4-minute walk). The closest bus stop (Sky Green Condo) is 145 m away (about a 2-minute walk).
What is 23 Playfair Road zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has 23 Playfair Road sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Mar 2021 | Single-user Factory | S$13.00M | 7,283 sqft | $1,785 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at 23 Playfair Road rent for?
Strata factory space on Playfair Road
Street level · 2026Q3S$ per sq ft per month (median only published) · median -11.8% 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 23 Playfair Road
- 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 fast units move at 23 Playfair Road
Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 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.
What's been approved at 23 Playfair Road?
- 14 Sept 2001ApprovedAdditions & alterations
Proposed addition of an open sided lean-to shed at the rear of the existing single-storey terrace factory with ancillary office
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).
How does Playfair Road price?
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.
What is available at 23 Playfair Road right now?
For sale (2)
- 23 playfair roadS$21.00M · 7,282 sqft
- ⭐️RARE Freehold B1 Industrial Land for Redevelopment2 agentsS$21.00M · 18,207 sqft
What is near 23 Playfair Road?
Getting around
- Tai Seng MRT264 m · ~4 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 23 Playfair Road
nearest MRT/LRT Tai Seng (CC11) 228 m, about 45,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 8, about 17,000 taps a weekday; Toa Payoh: 53,749 resident workers (Census 2020, by workplace); about 39,000 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
- Tai Seng (CC11)228 m · about 45,000 weekday taps
- Mattar (DT25)864 m · 9,848 weekday taps
- MacPherson (CC10 / DT26)926 m · about 39,000 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 23 Playfair Road. Transfers between lines don't tap, so interchanges read low.
Bus
8 bus stops within 400 m, with about 17,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Burn Rd (URA)140 mS$0.60 per half-hour at midday on a weekday · 20 car lots
- Kampong Ampat Industri Al Estate (URA)153 mseason S$90/month
- Blk 81/82 Macpherson Lane (HDB)198 mS$0.60 per half-hour at midday on a weekday
- Irving Rd (URA)198 mS$0.60 per half-hour at midday on a weekday · 6 car lots
- Mactaggart Rd (URA)203 mS$0.60 per half-hour at midday on a weekday · 10 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. 23 Playfair Road's own car park, if it has one, and its charges are not in the open data.
Who's registered at 23 Playfair Road?
- Wholesale and retail trade0
- Construction0
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.
What does industrial space rent for on this street?
- Street rent, median
- S$18.61 psm/mo
- Observed range
- S$8.61 – S$31.58
- Pipeline on this street
- 4 projects · earliest TOP 2027
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 23 Playfair Road
Where is 23 Playfair Road?⌄
23 Playfair Road is at 23 Playfair Road, Singapore 367989, in the Toa Payoh planning area.
What is 23 Playfair Road zoned as?⌄
23 Playfair 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 23 Playfair 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 23 Playfair Road?⌄
23 Playfair Road is freehold.
What have units at 23 Playfair Road sold for?⌄
Across 1 recorded transaction, the median is S$1,785 psf. The latest was in March 2021.
What does industrial space near 23 Playfair Road rent for?⌄
JTC's rental returns for Playfair Road put the median at about S$1.73 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Playfair Road, not a rent quoted for 23 Playfair Road itself.
What is the nearest MRT station to 23 Playfair Road?⌄
Tai Seng MRT is the closest, 264 m away (about a 4-minute walk).
The facts are here — now get the verdict on 23 Playfair Road.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
