IndustrialBUSINESS 2999-year leaseholdDistrict 22 · Pioneer

44 Lok Yang Way

Reviewed by Nathan TangUpdated 8 November 2026Data through Jan 2011
Quick Summary

44 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 999-year leasehold. 2 transactions are on record since 1995, most recently in Jan 2011. ACRA records 2 live company registrations at this address.

1

What are the key facts about 44 Lok Yang Way?

Key takeaway44 Lok Yang Way is a industrial building in District 22 · Pioneer, zoned BUSINESS 2, held 999-year leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.5
Tenure
999-year leasehold
District / Area
District 22 · Pioneer
Address
44 Lok Yang Way
Land area
—
Completed
Not on record
Storeys
Not on record
Estate (JTC)
Jurong Industrial Estate
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
2
2

About 44 Lok Yang Way

44 Lok Yang Way is an industrial property in Pioneer (District 22). It is located along Lok Yang Way, Singapore 628645.

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 999-year leasehold, with about 935 years left to run.

2 transactions have been recorded here, at a median of S$103 psf. The most recent was in January 2011.

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, 761 m away (about a 12-minute walk). The closest bus stop (Bef Lok Yang Way) is 61 m away (about a 1-minute walk).

3 businesses are currently registered at this address with ACRA.

3

What is 44 Lok Yang Way zoned as?

Key takeaway44 Lok Yang Way 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 44 Lok Yang Way sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jan 2011 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jan 2011Single-user FactoryS$2.49M14,997 sqft$166
Sept 2005Single-user FactoryS$600k14,997 sqft$40

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

5

Market context around 44 Lok Yang Way

Key takeawayBrokers' industrial figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • 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
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • 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
Singapore Industrial MarketBeat Q2 2026

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.

6

What's been approved at 44 Lok Yang Way?

Key takeawayURA's planning decisions at 44 Lok Yang Way since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 18 Jun 2019Approved
    Additions & alterations

    Proposed retention of ancillary q.c. office to existing part single / 2-storey terrace factory on lot 01060w mk06 at 44 lok yang way (pioneer planning area)

  2. 17 May 2017Approved
    Additions & alterations

    Proposed retention of ancillary q.c. office to existing part single / 2-storey terrace factory on lot 01060w mk 6 at 44 lok yang way (pioneer planning area)

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).

7

What is near 44 Lok Yang Way?

Key takeawayThe nearest MRT/LRT is Joo Koon MRT, about 761 m away.

Getting around

Amenities nearby

Bef Lok Yang Way · 61 mDrs Koo, Fok & Associates Pte Ltd · 713 mJoo Koon MRT Exit A · 737 mEducational Institution · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

8

Getting there and parking at 44 Lok Yang Way

Key takeawayThe nearest station is Joo Koon (EW29), 738 m away — a moderately busy station, with about 37,000 taps in and out on an average weekday. 3 public car parks are within 500 m.
Foot traffic: busier than 55% of industrial buildings

nearest MRT/LRT Joo Koon (EW29) 738 m, about 37,000 taps a weekday; bus stops within 400 m: 10, about 1,157 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)738 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 44 Lok Yang Way. Transfers between lines don't tap, so interchanges read low.

Bus

10 bus stops within 400 m, with 1,157 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Sixth Lok Yang Rd (URA)75 m
    S$0.60 per half-hour at midday on a weekday · 18 car lots
  • Fifth Lok Yang Rd (URA)189 m
    S$0.60 per half-hour at midday on a weekday · 14 car lots
  • Fourth Lok Yang Rd (URA)385 m
    S$0.60 per half-hour at midday on a weekday · 23 car lots

Nearest URA season parking: Lok Yang Area, 609 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 44 Lok Yang Way's own car park, if it has one, and its charges are not in the open data.

9

Who's registered at 44 Lok Yang Way?

Key takeaway2 live companies (and LLPs and branches; sole proprietors are not counted) list 44 Lok Yang Way as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    1
  • Professional, scientific and technical services
    1
  • Manufacturing
    0
  • Transportation and storage
    0

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.

10

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$18.84 psm/month — an all-time median from 2000 onwards, not a current rent.
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.

11

Frequently asked questions about 44 Lok Yang Way

Where is 44 Lok Yang Way?⌄

44 Lok Yang Way is at 44 Lok Yang Way, Singapore 628645, in the Pioneer planning area.

What is 44 Lok Yang Way zoned as?⌄

44 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 44 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 44 Lok Yang Way?⌄

44 Lok Yang Way is 999-year leasehold. About 935 years remain on the lease.

What have units at 44 Lok Yang Way sold for?⌄

Across 2 recorded transactions, the median is S$103 psf. The latest was in January 2011.

What does industrial space near 44 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 44 Lok Yang Way itself.

What is the nearest MRT station to 44 Lok Yang Way?⌄

Joo Koon MRT is the closest, 761 m away (about a 12-minute walk).

How many businesses are registered at 44 Lok Yang Way?⌄

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

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