IndustrialBUSINESS 2LeaseholdDistrict 17 · Pasir Ris

59 Loyang Way

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2002

Quick Summary

59 Loyang Way is a industrial building in District 17 · Pasir Ris, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 2 transactions are on record since 1995, most recently in May 2002. ACRA records 2 live company registrations at this address.

The facts are here — now get the verdict on 59 Loyang Way.

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What are the key facts about 59 Loyang Way?

Key takeaway59 Loyang Way is a industrial building in District 17 · Pasir Ris, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 17 · Pasir Ris
Address: 59 Loyang Way
Land area: —
Completed: Not on record
Storeys: Not on record
Estate (JTC): Loyang Industrial Estate
Transactions on record: 2 (records start 1995)
Live listings: None
ACRA registrations: 2

About 59 Loyang Way

59 Loyang Way is an industrial property in Pasir Ris (District 17). It is located along Loyang Way, Singapore 508750.

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.

2 transactions have been recorded here, at a median of S$112 psf. The most recent was in May 2002.

Across JTC's rental returns for Loyang Way, the median rent for industrial space on this street works out to about S$1.45 psf per month over 70 observations. Observed medians on the street span S$0.17 to S$2.18 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 24,980 sqm of gross floor area, the earliest due around 2027.

The nearest port or airport land is about 1.1 km away. The closest business-park zone is about 4.2 km away. The closest bus stop (Opp SIA Supplies Ctr) is 62 m away (about a 1-minute walk).

2 businesses are currently registered at this address with ACRA.

What is 59 Loyang Way zoned as?

Key takeaway59 Loyang 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 →

What has 59 Loyang Way sold for?

Key takeaway2 transactions are on record since 1995, most recently in May 2002 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
May 2002	Single-user Factory	S$1.32M	15,092 sqft	$87
Aug 1998	Single-user Factory	S$2.08M	15,092 sqft	$138

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

What does space at 59 Loyang Way rent for?

Key takeawayNo rent is published for 59 Loyang Way itself. On its street, Loyang Way, strata factory space rented at a median of $2.08 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Loyang Way

Street level · 2026Q3

25th pct

—

— psm

Median

$2.08

$22.44 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +22.6% on a year earlier

2023Q4 · $18.47 psm2026Q3 · $22.44 psm median

This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.

Source: JTC J-SPACE, rental of industrial space by street.

Market context around 59 Loyang 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.

What's been approved at 59 Loyang Way?

Key takeawayURA's planning decisions at 59 Loyang 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.

20 Nov 2007Approved
Additions & alterations
Proposed additions and alterations to the existing 2 units of 2-storey single-user light industrial terrace factories
10 Jul 2006Approved
Additions & alterations
Proposed additions and alterations to the existing terrace factory
19 Aug 2004Approved
Additions & alterations
Proposed a/a to existing 2-sty terrace factory

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).

How does Loyang Way price?

Key takeawayLoyang Way's current JTC street rent is S$22.44 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 12.1% (10.9% net of property tax).

Strata sales on the street (5y)

Street median PSF (strata)

$204

Indicative street yield

12.1% gross

10.9% net of property tax

An INDICATIVE street-level yield, not a yield for any particular unit: the current-quarter JTC street rent divided by the street's strata sale PSF median.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Street figures cover strata deals only — land and strata PSF are not comparable.

What is near 59 Loyang Way?

Amenities nearby

Opp SIA Supplies Ctr · 62 mLoyang Medical Centre · 332 mPort / Airport · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 59 Loyang Way

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Pasir Ris, 2.2 km away. 3 public car parks are within 500 m.

Foot traffic: busier than 33% of industrial buildings

no MRT/LRT within 1 km (nearest Pasir Ris, 2.2 km); bus stops within 400 m: 5, about 2,249 taps a weekday; Pasir Ris: 23,751 resident workers (Census 2020, by workplace); about 934 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

5 bus stops within 400 m, with 2,249 boardings and alightings on an average weekday.

Public car parks within 500 m

Loyang Way (URA)124 m
S$0.60 per half-hour at midday on a weekday · 37 car lots
Loyang Crescent (URA)267 m
S$0.60 per half-hour at midday on a weekday · 34 car lots
Loyang Industrial Area (URA)402 m

Nearest URA season parking: Pasir Ris Park Car Par K E Off St, 3.4 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 59 Loyang Way's own car park, if it has one, and its charges are not in the open data.

Who's registered at 59 Loyang Way?

Key takeaway2 live companies (and LLPs and branches; sole proprietors are not counted) list 59 Loyang Way as their registered address. These are registered businesses, not who occupies the space.

Manufacturing
1
Wholesale and retail trade
1

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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$15.62 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$15.62 psm/mo
Observed range: S$1.88 – S$23.47
Pipeline on this street: 1 project · earliest TOP 2027

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 59 Loyang Way

Where is 59 Loyang Way?⌄

59 Loyang Way is at 59 Loyang Way, Singapore 508750, in the Pasir Ris planning area.

What is 59 Loyang Way zoned as?⌄

59 Loyang 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 59 Loyang 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 59 Loyang Way?⌄

59 Loyang 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 59 Loyang Way sold for?⌄

Across 2 recorded transactions, the median is S$112 psf. The latest was in May 2002.

What does industrial space near 59 Loyang Way rent for?⌄

JTC's rental returns for Loyang Way put the median at about S$1.45 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Loyang Way, not a rent quoted for 59 Loyang Way itself.

How many businesses are registered at 59 Loyang Way?⌄

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

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Read the figures right

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

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.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

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.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.