48 Lok Yang Way

Asset class

Industrial

Land-use zone

BUSINESS 2

Gross plot ratio

2.5

Tenure

Leasehold

District / Area

District 22 · Pioneer

Address

48 Lok Yang Way

Land area

—

Completed

Not on record

Storeys

Not on record

Estate (JTC)

Jurong Industrial Estate

Transactions on record

5 (records start 1995)

Live listings

None

ACRA registrations

1

48 Lok Yang Way is an industrial property in Pioneer (District 22). It is located along Lok Yang Way, Singapore 628647.

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.

5 transactions have been recorded here, at a median of S$112 psf. The most recent was in December 2016.

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, 728 m away (about a 11-minute walk). The closest bus stop (Bef Lok Yang Way) is 27 m away (about a 0-minute walk).

1 business is currently registered at this address with ACRA.

Land-use zone

BUSINESS 2

Gross plot ratio

2.5

Run the full zoning report for this building →

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

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.

1. 25 Jun 2026Approved
   Additions & alterations

   Proposed additions and alterations and change of use to existing 2-storey corner terrace factory with temporary ancillary worker's dormitory (total 96 workers) on lot 01058v mk 06 at 48 lok yang way, singapore 628647 (pioneer planning area)

2. 22 Sept 2015Approved
   Additions & alterations

   Proposed additions & alterations to the existing corner terrace factory involving rear extension on lot 01058v mk06 at 48 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).

Straight-line distances. Source: PropKaki amenities data.

• Manufacturing
  1
• Construction
  0
• Professional, scientific and technical services
  0
• Other services
  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.

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.