42 Lok Yang Way
42 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. 4 transactions are on record since 1995, most recently in Apr 2017. ACRA records 0 live company registrations at this address.
What are the key facts about 42 Lok Yang Way?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 22 · Pioneer
- Address
- 42 Lok Yang Way
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Estate (JTC)
- Jurong Industrial Estate
- Transactions on record
- 4 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About 42 Lok Yang Way
42 Lok Yang Way is an industrial property in Pioneer (District 22). It is located along Lok Yang Way, Singapore 628644.
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.
4 transactions have been recorded here, at a median of S$152 psf. The most recent was in April 2017.
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 3.4 km away. The closest business-park zone is about 2.5 km away. The nearest MRT is Joo Koon MRT, 778 m away (about a 12-minute walk). The closest bus stop (Bef Lok Yang Way) is 79 m away (about a 1-minute walk).
What is 42 Lok Yang Way zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
What has 42 Lok Yang Way sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Apr 2017 | Single-user Factory | S$2.75M | 14,997 sqft | $183 |
| Jun 2012 | Single-user Factory | S$3.05M | 14,997 sqft | $203 |
| Feb 2011 | Single-user Factory | S$1.80M | 14,997 sqft | $120 |
| Apr 2001 | Single-user Factory | S$1.10M | 14,997 sqft | $73 |
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
Market context around 42 Lok Yang Way
- 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.
What's been approved at 42 Lok Yang Way?
- 22 Jul 2022Agency worksAdditions & alterations
Proposed additions & alterations to existing jtc factory on lot 01061v mk06 at 42 lok yang way
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).
What is near 42 Lok Yang Way?
Getting around
- Joo Koon MRT778 m · ~12 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 42 Lok Yang Way
nearest MRT/LRT Joo Koon (EW29) 755 m, about 37,000 taps a weekday; bus stops within 400 m: 11, about 1,261 taps a weekday; Pioneer: 36,801 resident workers (Census 2020, by workplace); about 0 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
- Joo Koon (EW29)755 m · about 37,000 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 42 Lok Yang Way. Transfers between lines don't tap, so interchanges read low.
Bus
11 bus stops within 400 m, with 1,261 boardings and alightings on an average weekday.
Public car parks within 500 m
- Sixth Lok Yang Rd (URA)91 mS$0.60 per half-hour at midday on a weekday · 18 car lots
- Fifth Lok Yang Rd (URA)174 mS$0.60 per half-hour at midday on a weekday · 14 car lots
- Fourth Lok Yang Rd (URA)368 mS$0.60 per half-hour at midday on a weekday · 23 car lots
Nearest URA season parking: Lok Yang Area, 590 m away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. 42 Lok Yang Way's own car park, if it has one, and its charges are not in the open data.
How many companies are registered at 42 Lok Yang Way?
- Live registrations
- 0
- Registered last 3 years
- 0
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 42 Lok Yang Way
Where is 42 Lok Yang Way?⌄
42 Lok Yang Way is at 42 Lok Yang Way, Singapore 628644, in the Pioneer planning area.
What is 42 Lok Yang Way zoned as?⌄
42 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 42 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 42 Lok Yang Way?⌄
42 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 42 Lok Yang Way sold for?⌄
Across 4 recorded transactions, the median is S$152 psf. The latest was in April 2017.
What does industrial space near 42 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 42 Lok Yang Way itself.
What is the nearest MRT station to 42 Lok Yang Way?⌄
Joo Koon MRT is the closest, 778 m away (about a 12-minute walk).
The facts are here — now get the verdict on 42 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.