Centro Bianco

Asset class

Industrial

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Tenure

Freehold

District / Area

District 19 · Toa Payoh

Address

73 Upper Paya Lebar Road

Land area

1,814 sqm

Completed

Not on record

Storeys

8 (© OpenStreetMap contributors)

Listed as

Light Industrial (B1), Office, Food & Beverage

Transactions on record

1 (records start 1995)

Live listings

17

ACRA registrations

803

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.

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Run the full zoning report for this building →

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

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.

1. 20 May 2024RenewedFloor 1
   Continued use as food catering service

   Continued use of the 1st storey factory unit #01-XX as food catering service

2. 14 Jul 2022RenewedFloor 1
   Continued use as industrial canteen

   Continued use of light industrial unit #01-XX as industrial canteen

3. 5 Aug 2020RenewedFloor 1
   Continued use as food catering service

   Continued use of the 1st storey factory unit #01-XX as food catering service

4. 1 Oct 2018RenewedFloor 1
   Continued use as industrial canteen in a 8-storey light industrial development

   Continued use of light industrial unit #01-XX as industrial canteen in a 8-storey light industrial development (multi-user) with a basement carpark

5. 7 Nov 2017Refused
   Change of use to sky roof terrace

   Proposed change of use of the open to sky roof terrace at 7th storey to industrial canteen

6. 7 Apr 2017ApprovedFloor 1
   Change of use to food catering service

   Proposed change of use of 1st storey factory unit #01-XX to food catering service

7. 9 Sept 2016RefusedFloor 1
   Change of use to take-away foodshop

   Proposed change of use of 1st storey factory unit #01-XX to take-away foodshop

8. 22 Mar 2016ApprovedFloor 2
   Change of use to child day-care centre

   Change of use of the 2nd storey factory units #02-XX, #02-XX & #02-XX to child day-care centre

9. 12 Nov 2015ApprovedFloor 1
   Change of use: light industry → industrial canteen in a 8-storey light industrial development

   Proposed change of use of unit #01-XX from light industry to industrial canteen in a 8-storey light industrial development (multi-user) with a basement carpark

10. 21 Mar 2011Refused
    Additions & alterations

    Proposed outline application for conversion of existing 8 storey light industry building development (multi-user) with a basement carpark to hotel mk24 on lot 09300t 73 , upper paya lebar road (toa payoh)

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).

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.

Browse every listing at this building →

Straight-line distances. Source: PropKaki amenities data.

• Wholesale and retail trade
  267
• Information and communications
  156
• Professional, scientific and technical services
  102
• Financial and insurance
  58
• Transportation and storage
  44
• Manufacturing
  37
• Education
  34
• Construction
  31
• Other services
  28
• Administrative and support services
  17

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. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. ACRA, as of 2026-09-16.

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.