IndustrialBUSINESS 1FreeholdDistrict 19 · Serangoon

Centro Bianco

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

Centro Bianco is a industrial building in District 19 · Serangoon, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 1 transaction is on record since 1995, most recently in Aug 1999. 17 units are currently listed for sale or rent. ACRA records 868 live company registrations at this address.

1

What are the key facts about Centro Bianco?

Key takeawayCentro Bianco is a industrial building in District 19 · Serangoon, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 19 · Serangoon
Address
73 Upper Paya Lebar Road
Land area
1,814 sqm
Transactions on record
1 (records start 1995)
Live listings
17
ACRA registrations
868
2

About Centro Bianco

Centro Bianco is an industrial property in Serangoon (District 19). It is located along Upper Paya Lebar Road, Singapore 534818.

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 1,814 sqm of land with roughly 4,534 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$485 psf. The most recent was in August 1999.

Across JTC's rental returns for Upper Paya Lebar Road, the median rent for industrial space on this street works out to about S$1.66 psf per month over 101 observations. Observed medians on the street span S$0.50 to S$3.10 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 7.6 km away. The closest business-park zone is about 297 m away. The nearest MRT is Tai Seng MRT, 242 m away (about a 4-minute walk). The closest bus stop (Asiawide Ind Bldg) is 78 m away (about a 1-minute walk).

868 businesses are currently registered at this address with ACRA.

3

What is Centro Bianco zoned as?

Key takeawayCentro Bianco 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 Centro Bianco sold for?

Key takeaway1 transaction is on record since 1995, most recently in Aug 1999 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 1999Single-user FactoryS$11.00M22,688 sqft$485

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

How does Upper Paya Lebar Road price?

Key takeawayUpper Paya Lebar Road's current JTC street rent is S$25.94 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 3.5% (3.1% net of property tax).
Strata sales on the street (5y)
25
Street median PSF (strata)
$816
Indicative street yield
3.5% gross
3.1% 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.

6

What is available at Centro Bianco right now?

Key takeaway17 units are currently listed at Centro Bianco6 for sale and 11 for rent. One row per unit; several agents often market the same unit.

For sale (6)

  • Upper Paya Lebar Road ShophouseS$5.50M · 2,479 sqft
  • Upper Paya Lebar Road ShophouseS$13.00M · 4,921 sqft
  • Centro BiancoS$3.20M · 2,637 sqft
  • Cheapest!!! Backpacker's Hostel & Residential approved. Freehold-2 Storey Shophouse to grab!!!S$5.48M · 2,630 sqft

For rent (11)

  • Centro BiancoS$1k/mo · 150 sqft
  • Centro Bianco5 agentsS$2k/mo · 365 sqft
  • Centro Bianco2 agentsS$2k/mo · 300 sqft
  • Ground Floor - Well Equip F&B Catering Space @ Tai SengS$27k/mo · 3,677 sqft

Browse every listing at this building →

7

What is near Centro Bianco?

Key takeawayThe nearest MRT/LRT is Tai Seng MRT, about 242 m away.

Getting around

Amenities nearby

Asiawide Ind Bldg · 79 mTai Seng MRT Exit A · 121 mThe Clinic @ Tai Seng · 216 mBusiness Park · 297 mEducational Institution · 502 mBlk 80 Circuit Road · 992 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Centro Bianco?

Key takeawayACRA records 868 live company registrations at this address, 451 of them in the last three years.
Live registrations
868
Registered last 3 years
451

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.

9

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$17.91 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$17.91 psm/mo
Observed range
S$5.35 – S$33.36

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.

10

Frequently asked questions about Centro Bianco

Where is Centro Bianco?

Centro Bianco is at 73 Upper Paya Lebar Road, Singapore 534818, in the Serangoon planning area.

What is Centro Bianco zoned as?

Centro Bianco 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 Centro Bianco?

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 Centro Bianco?

Centro Bianco is freehold.

What have units at Centro Bianco sold for?

Across 1 recorded transaction, the median is S$485 psf. The latest was in August 1999.

What does industrial space near Centro Bianco rent for?

JTC's rental returns for Upper Paya Lebar Road put the median at about S$1.66 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Upper Paya Lebar Road, not a rent quoted for Centro Bianco itself.

What is the nearest MRT station to Centro Bianco?

Tai Seng MRT is the closest, 242 m away (about a 4-minute walk).

How many businesses are registered at Centro Bianco?

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

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