IndustrialBUSINESS 1FreeholdDistrict 13 · Geylang

Elite Industrial Building Ii

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

Elite Industrial Building Ii 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. 35 transactions are on record since 1995, at a median S$530 psf, most recently in Jun 2026. 3 units are currently listed for sale or rent. ACRA records 49 live company registrations at this address.

1

What are the key facts about Elite Industrial Building Ii?

Key takeawayElite Industrial Building Ii 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
47 Tannery Lane
Land area
3,423 sqm
Completed
Not on record
Storeys
Not on record
Strata units (MCST)
39
Managing agent
LE PROPERTY CONSULTANCY PTE LTD
Strata formed
1997 (MCST 2052)
Units with a recorded sale
At least 24
Listed as
Light Industrial (B1), Warehouse, Factory / Workshop (B2)
Transactions on record
35 (records start 1995)
Live listings
3
ACRA registrations
49
2

About Elite Industrial Building Ii

Elite Industrial Building Ii is an industrial building in Geylang (District 13). It is located along Tannery Lane, Singapore 347794.

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 3,423 sqm of land with roughly 8,558 sqm of gross floor area.

35 transactions have been recorded here, at a median of S$530 psf. The most recent was in June 2026.

Across JTC's rental returns for Tannery Lane, the median rent for industrial space on this street works out to about S$1.66 psf per month over 106 observations. Observed medians on the street span S$1.00 to S$3.01 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

1 industrial project is still uncompleted on this street, adding about 16,190 sqm of gross floor area, the earliest due around 2029.

The nearest port or airport land is about 6.4 km away. The closest business-park zone is about 1.6 km away. The nearest MRT is Mattar MRT, 638 m away (about a 10-minute walk). The closest bus stop (Opp Aljunied Pk) is 247 m away (about a 4-minute walk).

57 businesses are currently registered at this address with ACRA.

3

What is Elite Industrial Building Ii zoned as?

Key takeawayElite Industrial Building Ii 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 Ii sold for?

Key takeawayAcross 35 recorded transactions since 1995, the median price is about S$1.08M, most recently in Jun 2026.
DateUsePriceAreaPSF
Jun 2026WarehouseS$1.31M1,539 sqft$850
Aug 2024WarehouseS$2.50M2,271 sqft$1,100
Jun 2023WarehouseS$1.08M1,539 sqft$705
Jun 2023WarehouseS$1.08M1,539 sqft$705
Jun 2023WarehouseS$2.38M2,271 sqft$1,050
Oct 2022WarehouseS$1.49M2,056 sqft$725
Mar 2022WarehouseS$2.12M3,057 sqft$695
Nov 2021WarehouseS$2.13M3,132 sqft$680
Aug 2021WarehouseS$2.76M4,090 sqft$675
May 2019WarehouseS$1.80M2,271 sqft$793

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 Ii rent for?

Key takeawayNo rent is published for Elite Industrial Building Ii itself. On its street, Tannery Lane, strata factory space rented at a median of $3.34 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 Tannery Lane

Street level · 2026Q3
25th pct
—
— psm
Median
$3.34
$35.96 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +15.1% on a year earlier

2023Q4 · $26.03 psm2026Q3 · $35.96 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 Ii

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 fast units move at Elite Industrial Building Ii

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 2 units for rent; 1 unit for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

8

How does Tannery Lane price?

Key takeawayTannery Lane's current JTC street rent is S$35.96 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 5.3% (4.7% net of property tax).
Strata sales on the street (5y)
39
Street median PSF (strata)
$710
Indicative street yield
5.3% gross
4.7% 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.

9

What is available at Elite Industrial Building Ii right now?

Key takeaway3 units are currently listed at Elite Industrial Building Ii — 1 for sale and 2 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • Elite Industrial Building II2 agentsS$3.76M · 3,132 sqft

For rent (2)

  • Near Fringe LavenderS$4k/mo · 1,421 sqft
  • Need Warehouse call benson9o36.5ooo. All size available2 agentsS$3k/mo · 1,500 sqft

Browse every listing at this building →

10

What is near Elite Industrial Building Ii?

Key takeawayThe nearest MRT/LRT is Mattar MRT, about 638 m away.

Getting around

Amenities nearby

Circuit Medical Clinic · 135 mOpp Aljunied Pk · 247 mEducational Institution · 342 mMattar MRT Exit A · 575 mBlks 79/79A Circuit Road · 841 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Elite Industrial Building Ii

Key takeawayThe nearest station is Mattar (DT25), 575 m away — a quiet station, with 9,848 taps in and out on an average weekday. 13 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 89% of industrial buildings

nearest MRT/LRT Mattar (DT25) 575 m, about 9,848 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 8, about 12,000 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)575 m · 9,848 weekday taps
  • Geylang Bahru (DT24)981 m · about 12,000 weekday taps
  • Potong Pasir (NE10)987 m · about 35,000 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 Ii. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with about 12,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Tannery Lane (URA)67 m
    S$0.60 per half-hour at midday on a weekday · 36 car lots
  • Soon Wing Rd (URA)233 m
    S$0.60 per half-hour at midday on a weekday · 10 car lots
  • Genting Lane (URA)283 m
    S$0.60 per half-hour at midday on a weekday · 43 car lots
  • Genting Rd (URA)290 m
    S$0.60 per half-hour at midday on a weekday · 20 car lots
  • Genting Lane Off St (URA)318 m
    S$0.60 per half-hour at midday on a weekday · 38 car lots

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

12

Who's registered at Elite Industrial Building Ii?

Key takeaway49 live companies (and LLPs and branches; sole proprietors are not counted) list Elite Industrial Building Ii as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    28
  • Construction
    4
  • Transportation and storage
    4
  • Information and communications
    3
  • Real estate
    3
  • Arts, entertainment and recreation
    3
  • Manufacturing
    2
  • Administrative and support services
    1
  • Health and social services
    1
  • Professional, scientific and technical 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.

13

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$10.76 – S$32.37
Pipeline on this street
1 project · earliest TOP 2029

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.

14

Frequently asked questions about Elite Industrial Building Ii

Where is Elite Industrial Building Ii?⌄

Elite Industrial Building Ii is at 47 Tannery Lane, Singapore 347794, in the Geylang planning area.

What is Elite Industrial Building Ii zoned as?⌄

Elite Industrial Building Ii 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 Ii?⌄

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 Ii?⌄

Elite Industrial Building Ii is freehold.

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

Across 35 recorded transactions, the median is S$530 psf. The latest was in June 2026.

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

JTC's rental returns for Tannery Lane 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 Tannery Lane, not a rent quoted for Elite Industrial Building Ii itself.

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

Mattar MRT is the closest, 638 m away (about a 10-minute walk).

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

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

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