Ace Building
Ace Building is a industrial building in District 14 · Geylang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 11 transactions are on record since 1995, most recently in Mar 2026. 2 units are currently listed for sale or rent. ACRA records 15 live company registrations at this address.
What are the key facts about Ace Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Freehold
- District / Area
- District 14 · Geylang
- Address
- 146b Paya Lebar Road
- Land area
- 1,626 sqm
- Transactions on record
- 11 (records start 1995)
- Live listings
- 2
- ACRA registrations
- 15
About Ace Building
Ace Building is an industrial building in Geylang (District 14). It is located along Paya Lebar Road, Singapore 409017.
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 freehold. It sits on about 1,626 sqm of land with roughly 4,064 sqm of gross floor area.
11 transactions have been recorded here, at a median of S$793 psf. The most recent was in March 2026.
Across JTC's rental returns for Paya Lebar Road, the median rent for industrial space on this street works out to about S$2.03 psf per month over 106 observations. Observed medians on the street span S$0.82 to S$3.35 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 1.4 km away. The nearest MRT is Macpherson MRT, 204 m away (about a 3-minute walk). The closest bus stop (Citipoint Ind Cplx) is 85 m away (about a 1-minute walk).
15 businesses are currently registered at this address with ACRA.
What is Ace Building zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has Ace Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Mar 2026 | Multiple-user Factory | S$6.50M | 5,866 sqft | $1,108 |
| Oct 2025 | Multiple-user Factory | S$6.35M | 5,866 sqft | $1,082 |
| Oct 2024 | Multiple-user Factory | S$4.08M | 2,896 sqft | $1,409 |
| Dec 2023 | Multiple-user Factory | S$6.10M | 5,866 sqft | $1,040 |
| Mar 2020 | Multiple-user Factory | S$2.80M | 2,896 sqft | $967 |
| Oct 2017 | Multiple-user Factory | S$4.65M | 5,866 sqft | $793 |
| Oct 2017 | Multiple-user Factory | S$4.50M | 5,866 sqft | $767 |
| Jan 2013 | Multiple-user Factory | S$4.00M | 5,866 sqft | $682 |
| Jul 2011 | Multiple-user Factory | S$3.60M | 5,866 sqft | $614 |
| Feb 2010 | Multiple-user Factory | S$2.50M | 5,866 sqft | $426 |
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.
How does Paya Lebar Road price?
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 available at Ace Building right now?
For sale (1)
- Ground Floor | Good Frontage | Dual Key Two Doors @ Paya Lebar RoadS$3.45M · 2,300 sqft
For rent (1)
- ⭐️SUPER CHEAP & PRIME F&B @ Paya Lebar | Outdoor Seating | Near MRT | Heavy CrowdS$40k/mo · 1,605 sqft
What is near Ace Building?
Getting around
- Macpherson MRT204 m · ~3 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Ace Building?
- Live registrations
- 15
- Registered last 3 years
- 3
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.
What does industrial space rent for on this street?
- Street rent, median
- S$21.84 psm/mo
- Observed range
- S$8.80 – S$36.10
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 Ace Building
Where is Ace Building?⌄
Ace Building is at 146B Paya Lebar Road, Singapore 409017, in the Geylang planning area.
What is Ace Building zoned as?⌄
Ace Building 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 Ace Building?⌄
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 Ace Building?⌄
Ace Building is freehold.
What have units at Ace Building sold for?⌄
Across 11 recorded transactions, the median is S$793 psf. The latest was in March 2026.
What does industrial space near Ace Building rent for?⌄
JTC's rental returns for Paya Lebar Road put the median at about S$2.03 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Paya Lebar Road, not a rent quoted for Ace Building itself.
What is the nearest MRT station to Ace Building?⌄
Macpherson MRT is the closest, 204 m away (about a 3-minute walk).
How many businesses are registered at Ace Building?⌄
15 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on Ace Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.