IndustrialBUSINESS 1FreeholdDistrict 13 · Geylang

Elite Industrial Building I

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2026
Quick Summary

Elite Industrial Building I is a industrial building in District 13 · Geylang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 61 transactions are on record since 1995, at a median S$608 psf, most recently in Sept 2026. ACRA records 37 live company registrations at this address.

1

What are the key facts about Elite Industrial Building I?

Key takeawayElite Industrial Building I is a industrial building in District 13 · Geylang, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 13 · Geylang
Address
32 Kallang Pudding Road
Land area
3,847 sqm
Completed
Not on record
Storeys
Not on record
Strata units (MCST)
40
Managing agent
NEWMAN SRE PTE LTD
Strata formed
1997 (MCST 2051)
Units with a recorded sale
At least 33
Transactions on record
61 (records start 1995)
Live listings
None
ACRA registrations
37
2

About Elite Industrial Building I

Elite Industrial Building I is an industrial building in Geylang (District 13). It is located along Kallang Pudding Road, Singapore 349313.

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 3,847 sqm of land with roughly 9,618 sqm of gross floor area.

60 transactions have been recorded here, at a median of S$606 psf. The most recent was in February 2025.

Across JTC's rental returns for Kallang Pudding Road, the median rent for industrial space on this street works out to about S$1.80 psf per month over 106 observations. Observed medians on the street span S$0.85 to S$2.59 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 6.5 km away. The closest business-park zone is about 1.5 km away. The nearest MRT is Mattar MRT, 607 m away (about a 10-minute walk). The closest bus stop (Opp Aljunied Pk) is 160 m away (about a 2-minute walk).

47 businesses are currently registered at this address with ACRA.

3

What is Elite Industrial Building I zoned as?

Key takeawayElite Industrial Building I 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 Elite Industrial Building I sold for?

Key takeawayAcross 61 recorded transactions since 1995, the median price is about S$1.18M, most recently in Sept 2026.
DateUsePriceAreaPSF
Sept 2026WarehouseS$2.40M2,734 sqft$878
Feb 2025WarehouseS$2.32M2,885 sqft$804
May 2024WarehouseS$3.25M4,155 sqft$783
May 2024WarehouseS$2.26M2,885 sqft$783
Apr 2024WarehouseS$1.23M1,098 sqft$1,120
Nov 2023WarehouseS$2.50M2,960 sqft$846
Nov 2023WarehouseS$2.31M2,885 sqft$800
Oct 2023WarehouseS$1.14M1,421 sqft$800
Aug 2023WarehouseS$2.10M2,734 sqft$768
Nov 2022WarehouseS$1.14M1,421 sqft$800

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

5

What does space at Elite Industrial Building I rent for?

Key takeawayNo rent is published for Elite Industrial Building I itself. On its street, Kallang Pudding Road, strata factory space rented at a median of $2.42 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Kallang Pudding Road

Street level · 2026Q3
25th pct
—
— psm
Median
$2.42
$26.10 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +3.8% on a year earlier

2023Q4 · $21.86 psm2026Q3 · $26.10 psm median

This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.

Source: JTC J-SPACE, rental of industrial space by street.

6

Market context around Elite Industrial Building I

Key takeawayBrokers' industrial figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Factory (ground floor): Rent S$1.81 psf/mth
  • Factory (upper floor): Rent S$1.41 psf/mth
  • Prime logistics: Rent S$1.87 psf/mth · Capital value S$245 psf · Net yield 6.5%
  • Warehouse (ground floor): Rent S$1.91 psf/mth
  • Warehouse (upper floor): Rent S$1.39 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • Factory - Ground Floor: Rent S$1.79 psf/mth
  • Factory - Upper Floor: Rent S$1.57 psf/mth
  • High-Tech: Rent S$3.56 psf/mth
  • Prime Logistics - Ground Floor: Rent S$1.92 psf/mth
  • Prime Logistics - Upper Floor: Rent S$1.74 psf/mth
  • Warehouse - Ground Floor: Rent S$1.81 psf/mth
  • Warehouse - Upper Floor: Rent S$1.49 psf/mth
Singapore Industrial MarketBeat Q2 2026

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.

7

How does Kallang Pudding Road price?

Key takeawayKallang Pudding Road's current JTC street rent is S$26.10 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 3.7% (3.3% net of property tax).
Strata sales on the street (5y)
111
Street median PSF (strata)
$804
Indicative street yield
3.7% gross
3.3% 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.

8

What is near Elite Industrial Building I?

Key takeawayThe nearest MRT/LRT is Mattar MRT, about 607 m away.

Getting around

Amenities nearby

Circuit Medical Clinic · 41 mOpp Aljunied Pk · 160 mEducational Institution · 330 mMattar MRT Exit A · 539 mBlks 79/79A Circuit Road · 807 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at Elite Industrial Building I

Key takeawayThe nearest station is Mattar (DT25), 539 m away — a quiet station, with 9,848 taps in and out on an average weekday. 11 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 86% of industrial buildings

nearest MRT/LRT Mattar (DT25) 539 m, about 9,848 taps a weekday; bus stops within 400 m: 7, about 11,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 40,000 residents within 1 km (June 2026). Ranked against 8,225 industrial buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.

Stations within 1 km

  • Mattar (DT25)539 m · 9,848 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Elite Industrial Building I. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with about 11,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Tannery Lane (URA)144 m
    S$0.60 per half-hour at midday on a weekday · 36 car lots
  • Soon Wing Rd (URA)238 m
    S$0.60 per half-hour at midday on a weekday · 10 car lots
  • Genting Rd (URA)343 m
    S$0.60 per half-hour at midday on a weekday · 20 car lots
  • Genting Lane (URA)368 m
    S$0.60 per half-hour at midday on a weekday · 43 car lots
  • Happy Ave North (URA)374 m
    S$0.60 per half-hour at midday on a weekday · 7 car lots

Public car parks only, by straight-line distance, with the operator's published rates. Elite Industrial Building I's own car park, if it has one, and its charges are not in the open data.

10

Who's registered at Elite Industrial Building I?

Key takeaway37 live companies (and LLPs and branches; sole proprietors are not counted) list Elite Industrial Building I as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    15
  • Construction
    5
  • Professional, scientific and technical services
    3
  • Manufacturing
    3
  • Transportation and storage
    3
  • Information and communications
    3
  • Financial and insurance
    2
  • Administrative and support services
    2
  • Real estate
    1
  • Accommodation and food services
    0

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. ACRA, as of 2026-09-16.

11

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$19.41 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$19.41 psm/mo
Observed range
S$9.15 – S$27.93

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.

12

Frequently asked questions about Elite Industrial Building I

Where is Elite Industrial Building I?⌄

Elite Industrial Building I is at 32 Kallang Pudding Road, Singapore 349313, in the Geylang planning area.

What is Elite Industrial Building I zoned as?⌄

Elite Industrial Building I 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 Elite Industrial Building I?⌄

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 Elite Industrial Building I?⌄

Elite Industrial Building I is freehold.

What have units at Elite Industrial Building I sold for?⌄

Across 60 recorded transactions, the median is S$606 psf. The latest was in February 2025.

What does industrial space near Elite Industrial Building I rent for?⌄

JTC's rental returns for Kallang Pudding Road put the median at about S$1.80 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Kallang Pudding Road, not a rent quoted for Elite Industrial Building I itself.

What is the nearest MRT station to Elite Industrial Building I?⌄

Mattar MRT is the closest, 607 m away (about a 10-minute walk).

How many businesses are registered at Elite Industrial Building I?⌄

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

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