IndustrialBUSINESS 1District 19 · Hougang

Fna Group Building

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

Fna Group Building is a industrial building in District 19 · Hougang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. ACRA records 7 live company registrations at this address.

The facts are here — now get the verdict on Fna Group Building.

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What are the key facts about Fna Group Building?

Key takeawayFna Group Building is a industrial building in District 19 · Hougang, zoned BUSINESS 1.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Not on record
District / Area: District 19 · Hougang
Address: 103 Defu Lane 10
Land area: 7,540 sqm
Completed: 2014 (JTC industrial completions)
Storeys: 5 (© OpenStreetMap contributors)
Developer: AIMS AMP Capital Industrial Reit (JTC industrial completions)
Owner: AIMS APAC REIT (SGX filings)
Estate (JTC): Defu Industrial Estate
Transactions on record: None recorded
Live listings: None
ACRA registrations: 7

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

Who owns Fna Group Building, and what is it valued at?

Key takeawayFna Group Building is owned by AIMS APAC REIT, a REIT listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.

103 Defu Lane 10

Valued at S$30.8 million as at 31 Mar 2026, by JLL.

per AIMS APAC REIT's SGX filing, 7 May 2026

Earlier: S$30.8 million (31 Mar 2025) · S$30.7 million (31 Mar 2024) · S$33.2 million (31 Mar 2023)

103 Defu Lane 10: AIMS APAC REIT's annual report (2025)

Occupancy: 100% (as of 31 Mar 2026)
Land tenure: 60 years

per AIMS APAC REIT's annual report (SGX), 26 Jun 2026, page 169

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

What are the specs at Fna Group Building?

Key takeawayThe building's specs as its sources state them — the listing agent or the management can confirm a unit's own.

Facilities: car park; Source: CommercialGuru

About Fna Group Building

Fna Group Building is an industrial building in Hougang (District 19). It is located along Defu Lane 10, Singapore 539223.

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.

It sits on about 7,540 sqm of land with roughly 18,851 sqm of gross floor area.

Across JTC's rental returns for Defu Lane 10, the median rent for industrial space on this street works out to about S$1.50 psf per month over 26 observations. Observed medians on the street span S$0.14 to S$2.27 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 1.2 km away. The nearest MRT is Kovan MRT Exit C, 1000 m away (about a 16-minute walk). The closest bus stop (Opp Blk 106) is 51 m away (about a 1-minute walk).

7 businesses are currently registered at this address with ACRA.

What is Fna Group Building zoned as?

Key takeawayFna Group Building 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 →

What does space at Fna Group Building rent for?

Key takeawayNo rent is published for Fna Group Building itself. On its street, Defu Lane 10, strata factory space rented at a median of $2.25 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 Defu Lane 10

Street level · 2026Q3

25th pct

—

— psm

Median

$2.25

$24.22 psm

75th pct

—

— psm

S$ per sq ft per month (median only published)

2022Q3 · $18.03 psm2026Q3 · $24.22 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.

Market context around Fna Group Building

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.

What's been approved at Fna Group Building?

Key takeawayURA has approved 1 change of use at Fna Group Building since 2000, most recently in 2007. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

9 May 2007Approved
Change of use
Proposed use of the existing part 2 /part 3-storey factory building for manufacturing of disposable packaging products

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).

What is near Fna Group Building?

Amenities nearby

Opp Blk 106 · 51 mLifecare Family Clinic & Surgery · 118 mBlk 105 Hougang Ave 1 · 202 mEducational Institution · 312 mKovan MRT Exit C · 1000 mBusiness Park · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Fna Group Building

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Kovan, 1.0 km away. 8 public car parks are within 500 m.

Foot traffic: busier than 64% of industrial buildings

no MRT/LRT within 1 km (nearest Kovan, 1.0 km); bus stops within 400 m: 10, about 20,000 taps a weekday; Hougang: 43,772 resident workers (Census 2020, by workplace); about 26,000 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.

Bus

10 bus stops within 400 m, with about 20,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 1 To 32, 37 To 38 Defu Lane 10 (JTC)170 m
Blk 101-108 Hougang Avenue 1 (HDB)182 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 248 car lots
Blk 105 Hougang Avenue 1 (HDB)198 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 168 car lots
Blk 108 Hougang Avenue 1 (HDB)254 m
S$0.60 per half-hour at midday on a weekday · 39 car lots
Defu Lane 9 (JTC)347 m

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Nearest URA season parking: Simon Road-Kovan Road Area, 1.6 km away, S$90/month.

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

Who's registered at Fna Group Building?

Key takeaway7 live companies (and LLPs and branches; sole proprietors are not counted) list Fna Group Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
2
Financial and insurance
1
Professional, scientific and technical services
1
Construction
1
Real estate
1
Information and communications
1
Manufacturing
0
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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$16.15 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$16.15 psm/mo
Observed range: S$1.49 – S$24.47

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 Fna Group Building

Where is Fna Group Building?⌄

Fna Group Building is at 103 Defu Lane 10, Singapore 539223, in the Hougang planning area.

What is Fna Group Building zoned as?⌄

Fna Group Building 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 Fna Group Building?⌄

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.

Have there been any recorded transactions at Fna Group Building?⌄

No caveats have been lodged for Fna Group Building in the records we track. That is common for single-owner industrial buildings, which never generate strata transactions.

What does industrial space near Fna Group Building rent for?⌄

JTC's rental returns for Defu Lane 10 put the median at about S$1.50 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Defu Lane 10, not a rent quoted for Fna Group Building itself.

What is the nearest MRT station to Fna Group Building?⌄

Kovan MRT Exit C is the closest, 1000 m away (about a 16-minute walk).

How many businesses are registered at Fna Group Building?⌄

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

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Read the figures right

Completion year: the first quarter JTC records a TOP (Temporary Occupation Permit) at this address. JTC lists major industrial projects (7,000 sqm and up) from 2013; where an older building stood on the site, this is the current building's year.

Developer: as named on JTC's completion record, often the project company rather than the listed group.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

Owner: the REIT or SGX-listed company whose latest valuation notice or annual report lists this building (a later divestment removes it). '(N% interest)' or '(part of the strata)' when it holds less than the whole. A building with no listed owner shows none — a private owner is never named.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from JTC industrial completions, JTC estate boundaries, URA planning decisions, the owner's SGX filings, JTC car park information (data.gov.sg), PropKaki's foot-traffic model, CommercialGuru, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Owners, valuations and deals: the owners' own filings on SGX (notices of valuation of real assets, acquisition and divestment announcements, annual reports), facts only, each with its date.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.