IndustrialBUSINESS 2LeaseholdDistrict 22 · Pioneer

5 Third Lok Yang Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Jun 2025

Quick Summary

5 Third Lok Yang Road 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 with roughly 6 years remaining. 2 transactions are on record since 1995, most recently in Jun 2025. 1 unit is currently listed for rent. ACRA records 3 live company registrations at this address.

The facts are here — now get the verdict on 5 Third Lok Yang Road.

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What are the key facts about 5 Third Lok Yang Road?

Key takeaway5 Third Lok Yang Road is a industrial building in District 22 · Pioneer, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 22 · Pioneer
Address: 5 Third Lok Yang Road
Land area: —
Completed: Not on record
Storeys: Not on record
Estate (JTC): Jurong Industrial Estate
Listed as: Warehouse
Transactions on record: 2 (records start 1995)
Live listings: 1
ACRA registrations: 3

About 5 Third Lok Yang Road

5 Third Lok Yang Road is an industrial property in Pioneer (District 22). It is located along Third Lok Yang Road, Singapore 628000.

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 6 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

2 transactions have been recorded here, at a median of S$86 psf. The most recent was in June 2025.

The nearest port or airport land is about 3.0 km away. The closest business-park zone is about 2.4 km away. The closest bus stop (Aft Fourth Lok Yang Rd) is 150 m away (about a 2-minute walk).

3 businesses are currently registered at this address with ACRA.

What is 5 Third Lok Yang Road zoned as?

Key takeaway5 Third Lok Yang Road 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 →

What has 5 Third Lok Yang Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jun 2025 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Jun 2025	Warehouse	S$3.83M	44,679 sqft	$86
Aug 2017	Warehouse	S$3.90M	44,679 sqft	$87

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 5 Third Lok Yang Road

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.

How fast units move at 5 Third Lok Yang Road

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 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 is available at 5 Third Lok Yang Road right now?

Key takeaway1 unit is currently listed at 5 Third Lok Yang Road. One row per unit; several agents often market the same unit.

For rent (1)

Pioneer SectorS$11k/mo · 6,000 sqft

Browse every listing at this building →

What is near 5 Third Lok Yang Road?

Amenities nearby

Aft Fourth Lok Yang Rd · 150 mDrs Koo, Fok & Associates · 607 mEducational Institution · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 5 Third Lok Yang Road

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Joo Koon, 1.2 km away. 7 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 28% of industrial buildings

no MRT/LRT within 1 km (nearest Joo Koon, 1.2 km); bus stops within 400 m: 9, about 1,078 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.

Bus

9 bus stops within 400 m, with 1,078 boardings and alightings on an average weekday.

Public car parks within 500 m

Third Lok Yang Rd (URA)80 m
S$0.60 per half-hour at midday on a weekday · 30 car lots
Lok Yang Way (URA)121 m
S$0.60 per half-hour at midday on a weekday · 119 car lots
Lok Yang Area (URA)146 m
season S$90/month
Fourth Lok Yang Rd (URA)165 m
S$0.60 per half-hour at midday on a weekday · 23 car lots
Second Lok Yang Rd (URA)259 m
S$0.60 per half-hour at midday on a weekday · 22 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 5 Third Lok Yang Road's own car park, if it has one, and its charges are not in the open data.

Who's registered at 5 Third Lok Yang Road?

Key takeaway3 live companies (and LLPs and branches; sole proprietors are not counted) list 5 Third Lok Yang Road as their registered address. These are registered businesses, not who occupies the space.

Construction
2
Wholesale and retail trade
1
Manufacturing
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.

Frequently asked questions about 5 Third Lok Yang Road

Where is 5 Third Lok Yang Road?⌄

5 Third Lok Yang Road is at 5 Third Lok Yang Road, Singapore 628000, in the Pioneer planning area.

What is 5 Third Lok Yang Road zoned as?⌄

5 Third Lok Yang Road 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 5 Third Lok Yang Road?⌄

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 5 Third Lok Yang Road?⌄

5 Third Lok Yang Road is leasehold. About 6 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 5 Third Lok Yang Road sold for?⌄

Across 2 recorded transactions, the median is S$86 psf. The latest was in June 2025.

How many businesses are registered at 5 Third Lok Yang Road?⌄

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

For agents · in the PropKaki app

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from JTC estate boundaries, URA car park data (URA Data Service), PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.