Elite Industrial Building Ii
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.
What are the key facts about Elite Industrial Building Ii?
- 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
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.
What is Elite Industrial Building Ii zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has Elite Industrial Building Ii sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jun 2026 | Warehouse | S$1.31M | 1,539 sqft | $850 |
| Aug 2024 | Warehouse | S$2.50M | 2,271 sqft | $1,100 |
| Jun 2023 | Warehouse | S$1.08M | 1,539 sqft | $705 |
| Jun 2023 | Warehouse | S$1.08M | 1,539 sqft | $705 |
| Jun 2023 | Warehouse | S$2.38M | 2,271 sqft | $1,050 |
| Oct 2022 | Warehouse | S$1.49M | 2,056 sqft | $725 |
| Mar 2022 | Warehouse | S$2.12M | 3,057 sqft | $695 |
| Nov 2021 | Warehouse | S$2.13M | 3,132 sqft | $680 |
| Aug 2021 | Warehouse | S$2.76M | 4,090 sqft | $675 |
| May 2019 | Warehouse | S$1.80M | 2,271 sqft | $793 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Elite Industrial Building Ii rent for?
Strata factory space on Tannery Lane
Street level · 2026Q3S$ per sq ft per month (median only published) · median +15.1% on a year earlier
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.
Market context around Elite Industrial Building Ii
- 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
- 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
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.
How fast units move at Elite Industrial Building Ii
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.
How does Tannery Lane price?
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.
What is available at Elite Industrial Building Ii right now?
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
What is near Elite Industrial Building Ii?
Getting around
- Mattar MRT638 m · ~10 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Elite Industrial Building Ii
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 mS$0.60 per half-hour at midday on a weekday · 36 car lots
- Soon Wing Rd (URA)233 mS$0.60 per half-hour at midday on a weekday · 10 car lots
- Genting Lane (URA)283 mS$0.60 per half-hour at midday on a weekday · 43 car lots
- Genting Rd (URA)290 mS$0.60 per half-hour at midday on a weekday · 20 car lots
- Genting Lane Off St (URA)318 mS$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.
Who's registered at Elite Industrial Building Ii?
- Wholesale and retail trade28
- Construction4
- Transportation and storage4
- Information and communications3
- Real estate3
- Arts, entertainment and recreation3
- Manufacturing2
- Administrative and support services1
- Health and social services1
- Professional, scientific and technical services0
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.
What does industrial space rent for on this street?
- 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.
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.
The facts are here — now get the verdict on Elite Industrial Building Ii.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
