IndustrialBUSINESS 1FreeholdDistrict 14 · Geylang

Az @ Paya Lebar

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

Az @ Paya Lebar 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. ACRA records 1,050 live company registrations at this address.

1

What are the key facts about Az @ Paya Lebar?

Key takeawayAz @ Paya Lebar is a industrial building in District 14 · Geylang, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 14 · Geylang
Address
Land area
8,764 sqm
Transactions on record
None recorded
Live listings
None
ACRA registrations
1,050

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About Az @ Paya Lebar

Az @ Paya Lebar is an industrial building in Geylang (District 14). It is located along Paya Lebar Road, Singapore 409015.

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 8,764 sqm of land with roughly 21,911 sqm of gross floor area.

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 6.8 km away. The closest business-park zone is about 1.4 km away. The nearest MRT is Macpherson MRT, 140 m away (about a 2-minute walk). The closest bus stop (Blk 3019) is 129 m away (about a 2-minute walk).

1,050 businesses are currently registered at this address with ACRA.

3

What is Az @ Paya Lebar zoned as?

Key takeawayAz @ Paya Lebar 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

How does Paya Lebar Road price?

Key takeawayPaya Lebar Road's current JTC street rent is S$35.95 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 3.1% (2.8% net of property tax).
Strata sales on the street (5y)
81
Street median PSF (strata)
$1,282
Indicative street yield
3.1% gross
2.8% 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.

5

What is near Az @ Paya Lebar?

Key takeawayThe nearest MRT/LRT is Macpherson MRT, about 140 m away.

Getting around

Amenities nearby

Blk 3019 · 129 mMacpherson MRT Exit A · 140 mEducational Institution · 262 mMHC Medical Centre (Ubi) · 407 mBlk 80 Circuit Road · 432 mBusiness Park · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

6

How many companies are registered at Az @ Paya Lebar?

Key takeawayACRA records 1,050 live company registrations at this address, 375 of them in the last three years.
Live registrations
1,050
Registered last 3 years
375

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$21.84 psm/month — an all-time median from 2000 onwards, not a current rent.
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.

8

Frequently asked questions about Az @ Paya Lebar

Where is Az @ Paya Lebar?

Az @ Paya Lebar is at Paya Lebar Road, Singapore 409015, in the Geylang planning area.

What is Az @ Paya Lebar zoned as?

Az @ Paya Lebar 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 Az @ Paya Lebar?

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 Az @ Paya Lebar?

Az @ Paya Lebar is freehold.

Have there been any recorded transactions at Az @ Paya Lebar?

No caveats have been lodged for Az @ Paya Lebar in the records we track. That is common for single-owner industrial buildings, which never generate strata transactions.

What does industrial space near Az @ Paya Lebar 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 Az @ Paya Lebar itself.

What is the nearest MRT station to Az @ Paya Lebar?

Macpherson MRT is the closest, 140 m away (about a 2-minute walk).

How many businesses are registered at Az @ Paya Lebar?

1,050 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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