32 Lok Yang Way
32 Lok Yang Way is a industrial building in District 22 · Pioneer, on land zoned BUSINESS 2 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 May 2022. ACRA records 4 live company registrations at this address.
What are the key facts about 32 Lok Yang Way?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 22 · Pioneer
- Address
- 32 Lok Yang Way
- Land area
- —
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 4
About 32 Lok Yang Way
32 Lok Yang Way is an industrial property in Pioneer (District 22). It is located along Lok Yang Way, Singapore 628639.
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.
1 transaction has been recorded here, at a median of S$117 psf. The most recent was in May 2022.
Across JTC's rental returns for Lok Yang Way, the median rent for industrial space on this street works out to about S$1.75 psf per month over 3 observations. Observed medians on the street span S$0.65 to S$1.87 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 46,510 sqm of gross floor area, the earliest due around 2029.
The nearest port or airport land is about 3.3 km away. The closest business-park zone is about 2.5 km away. The nearest MRT is Joo Koon MRT, 878 m away (about a 14-minute walk). The closest bus stop (Leroy-Somer) is 51 m away (about a 1-minute walk).
4 businesses are currently registered at this address with ACRA.
What is 32 Lok Yang Way zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
What has 32 Lok Yang Way sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| May 2022 | Single-user Factory | S$2.52M | 21,626 sqft | $117 |
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.
What is near 32 Lok Yang Way?
Getting around
- Joo Koon MRT878 m · ~14 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at 32 Lok Yang Way?
- Live registrations
- 4
- 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.
What does industrial space rent for on this street?
- Street rent, median
- S$18.84 psm/mo
- Observed range
- S$6.98 – S$20.12
- Pipeline on this street
- 1 project · earliest TOP 2029
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 32 Lok Yang Way
Where is 32 Lok Yang Way?⌄
32 Lok Yang Way is at 32 Lok Yang Way, Singapore 628639, in the Pioneer planning area.
What is 32 Lok Yang Way zoned as?⌄
32 Lok Yang Way 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 32 Lok Yang Way?⌄
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 32 Lok Yang Way?⌄
32 Lok Yang Way 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 32 Lok Yang Way sold for?⌄
Across 1 recorded transaction, the median is S$117 psf. The latest was in May 2022.
What does industrial space near 32 Lok Yang Way rent for?⌄
JTC's rental returns for Lok Yang Way put the median at about S$1.75 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Lok Yang Way, not a rent quoted for 32 Lok Yang Way itself.
What is the nearest MRT station to 32 Lok Yang Way?⌄
Joo Koon MRT is the closest, 878 m away (about a 14-minute walk).
How many businesses are registered at 32 Lok Yang Way?⌄
4 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on 32 Lok Yang 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.