IndustrialBUSINESS 1LeaseholdDistrict 12 · Toa Payoh

623 Lorong 4 Toa Payoh

Reviewed by Nathan TangUpdated 10 August 2026Data through Nov 1999
Quick Summary

623 Lorong 4 Toa Payoh is a industrial building in District 12 · Toa Payoh, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 3 years remaining. 1 transaction is on record since 1995, most recently in Nov 1999. ACRA records 2 live company registrations at this address.

1

What are the key facts about 623 Lorong 4 Toa Payoh?

Key takeaway623 Lorong 4 Toa Payoh is a industrial building in District 12 · Toa Payoh, zoned BUSINESS 1, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 12 · Toa Payoh
Address
623 Lorong 4 Toa Payoh
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
2
2

About 623 Lorong 4 Toa Payoh

623 Lorong 4 Toa Payoh is an industrial property in Toa Payoh (District 12). It is located along Lorong 4 Toa Payoh, Singapore 319518.

Under the URA Master Plan the site is zoned Business 1 with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

The site is leasehold, with about 3 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

1 transaction has been recorded here, at a median of S$103 psf. The most recent was in November 1999.

Across JTC's rental returns for Lorong 4 Toa Payoh, the median rent for industrial space on this street works out to about S$2.00 psf per month over 3 observations. Observed medians on the street span S$1.95 to S$2.32 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

The nearest port or airport land is about 6.9 km away. The closest business-park zone is about 3.7 km away. The nearest MRT is Toa Payoh MRT, 658 m away (about a 10-minute walk). The closest bus stop (Blk 68) is 143 m away (about a 2-minute walk).

2 businesses are currently registered at this address with ACRA.

3

What is 623 Lorong 4 Toa Payoh zoned as?

Key takeaway623 Lorong 4 Toa Payoh sits on land zoned BUSINESS 1 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 1
Gross plot ratio
2.5

Run the full zoning report for this building →

4

What has 623 Lorong 4 Toa Payoh sold for?

Key takeaway1 transaction is on record since 1995, most recently in Nov 1999 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 1999Single-user FactoryS$6.15M59,802 sqft$103

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.

5

What is near 623 Lorong 4 Toa Payoh?

Key takeawayThe nearest MRT/LRT is Toa Payoh MRT, about 658 m away.

Getting around

Amenities nearby

Sheffield Clinic & Surgery · 135 mBlk 68 · 143 mBlk 74 Toa Payoh Lorong 4 · 217 mEducational Institution · 427 mToa Payoh MRT Exit A · 637 mRen Ci Community Hospital · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

6

How many companies are registered at 623 Lorong 4 Toa Payoh?

Key takeawayACRA records 2 live company registrations at this address.
Live registrations
2
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.

7

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$21.53 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$21.53 psm/mo
Observed range
S$20.99 – S$24.99

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.

8

Frequently asked questions about 623 Lorong 4 Toa Payoh

Where is 623 Lorong 4 Toa Payoh?

623 Lorong 4 Toa Payoh is at 623 Lorong 4 Toa Payoh, Singapore 319518, in the Toa Payoh planning area.

What is 623 Lorong 4 Toa Payoh zoned as?

623 Lorong 4 Toa Payoh is zoned Business 1 under the URA Master Plan, with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

What kind of business can operate at 623 Lorong 4 Toa Payoh?

Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of 623 Lorong 4 Toa Payoh?

623 Lorong 4 Toa Payoh is leasehold. About 3 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 623 Lorong 4 Toa Payoh sold for?

Across 1 recorded transaction, the median is S$103 psf. The latest was in November 1999.

What does industrial space near 623 Lorong 4 Toa Payoh rent for?

JTC's rental returns for Lorong 4 Toa Payoh put the median at about S$2.00 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Lorong 4 Toa Payoh, not a rent quoted for 623 Lorong 4 Toa Payoh itself.

What is the nearest MRT station to 623 Lorong 4 Toa Payoh?

Toa Payoh MRT is the closest, 658 m away (about a 10-minute walk).

How many businesses are registered at 623 Lorong 4 Toa Payoh?

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

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