IndustrialBUSINESS 2LeaseholdDistrict 13 · Geylang

Fong Tat Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2015

Quick Summary

Fong Tat Building is a industrial building in District 13 · Geylang, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 2 transactions are on record since 1995, most recently in Nov 2015. 1 unit is currently listed for rent. ACRA records 22 live company registrations at this address.

The facts are here — now get the verdict on Fong Tat Building.

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What are the key facts about Fong Tat Building?

Key takeawayFong Tat Building is a industrial building in District 13 · Geylang, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 13 · Geylang
Address: 3 Kallang Way 2a
Land area: 3,115 sqm
Completed: Not on record
Storeys: 7 (© OpenStreetMap contributors)
Estate (JTC): Kolam Ayer Industrial Estate
Listed as: Dormitory
Transactions on record: 2 (records start 1995)
Live listings: 1
ACRA registrations: 22

Who owns Fong Tat Building, and what is it valued at?

Key takeawayNo REIT or listed company holds Fong Tat Building today on its latest filings. Earlier SGX filings about it are below, each with its date.

Whole-building deals

Announced 30 Mar 2016 · completed 30 Mar 2016
Sabana Shari’ah Compliant Industrial Real Estate Investment Trust sold 3 Kallang Way 2A Fong Tat Building for S$16.6 million (divestment price).
Announcement on SGX · completion notice

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.

About Fong Tat Building

Fong Tat Building is an industrial building in Geylang (District 13). It is located along Kallang Way 2A, Singapore 347493.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 3,115 sqm of land with roughly 7,788 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$471 psf. The most recent was in November 2015.

Across JTC's rental returns for Kallang Way 2A, the median rent for industrial space on this street works out to about S$1.63 psf per month over 1 observations. Observed medians on the street span S$1.63 to S$1.63 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 5.9 km away. The closest business-park zone is about 2.1 km away. The nearest MRT is Geylang Bahru MRT, 649 m away (about a 10-minute walk). The closest bus stop (Aft Kallang Way 1) is 98 m away (about a 2-minute walk).

23 businesses are currently registered at this address with ACRA.

What is Fong Tat Building zoned as?

Key takeawayFong Tat Building sits on land zoned BUSINESS 2 with a gross plot ratio of 2.5.

Land-use zone: BUSINESS 2
Gross plot ratio: 2.5

Run the full zoning report for this building →

What has Fong Tat Building sold for?

Key takeaway2 transactions are on record since 1995, most recently in Nov 2015 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Nov 2015	Single-user Factory	S$16.60M	33,533 sqft	$495
Sept 2010	Single-user Factory	S$15.00M	33,533 sqft	$447

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

Market context around Fong Tat 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.

How fast units move at Fong Tat Building

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

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 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.

What's been approved at Fong Tat Building?

Key takeawayURA has approved 2 changes of use at Fong Tat Building since 2000, most recently in 2024. 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.

26 Jan 2024Approved
Change of use to secondary workers dormitory
Proposed change of use of 7th storey production area to secondary workers dormitory (for 152 workers) and part of 3rd, 4th storey ancillary areas to factory at 3 kallang way 2a (total 329 workers: consist of existing approved 177 workers at 8th storey and newly proposed 152 workers at 7th storey)
3 Sept 2019Approved
Change of use to secondary workers dormitory
Proposed change of use of 8th storey production area to secondary workers dormitory (for 177 workers) and part 4th, 6th, 7th storey ancillary spaces to factory at 3 kallang way 2a

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 available at Fong Tat Building right now?

Key takeaway1 unit is currently listed at Fong Tat Building. One row per unit; several agents often market the same unit.

For rent (1)

3 Kallang Way 2A2 agentsS$650/mo · 100 sqft

Browse every listing at this building →

What is near Fong Tat Building?

Key takeawayThe nearest MRT/LRT is Geylang Bahru MRT, about 649 m away.

Getting around

Geylang Bahru MRT649 m · ~10 min

Amenities nearby

Aft Kallang Way 1 · 99 mEducational Institution · 271 mCODE 4 Medical Clinic · 300 mGeylang Bahru MRT Exit B · 639 mBlk 49 Sims Place · 736 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Fong Tat Building

Key takeawayThe nearest station is Geylang Bahru (DT24), 639 m away — a quiet station, with about 12,000 taps in and out on an average weekday. 7 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 82% of industrial buildings

nearest MRT/LRT Geylang Bahru (DT24) 639 m, about 12,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 5, about 2,130 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

Geylang Bahru (DT24)639 m · about 12,000 weekday taps
Mattar (DT25)765 m · 9,848 weekday taps
Aljunied (EW9)962 m · about 47,000 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 Fong Tat Building. Transfers between lines don't tap, so interchanges read low.

Bus

5 bus stops within 400 m, with 2,130 boardings and alightings on an average weekday.

Public car parks within 500 m

Kallang Way 2A (URA)51 m
S$0.60 per half-hour at midday on a weekday · 15 car lots
Genting Lane Off St (URA)224 m
S$0.60 per half-hour at midday on a weekday · 38 car lots
Genting Lane (URA)242 m
S$0.60 per half-hour at midday on a weekday · 43 car lots
Aljunied Rd (Minor) (URA)370 m
S$0.60 per half-hour at midday on a weekday · 19 car lots
Kallang Industrial Est Ate Zone A (URA)376 m
season S$90/month

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

Who's registered at Fong Tat Building?

Key takeaway22 live companies (and LLPs and branches; sole proprietors are not counted) list Fong Tat Building as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
9
Construction
7
Wholesale and retail trade
4
Professional, scientific and technical services
1
Administrative and support services
1
Accommodation and food services
0
Real estate
0
Information and communications
0
Health and social services
0
Other 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$17.54 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$17.54 psm/mo
Observed range: S$17.54 – S$17.54

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 Fong Tat Building

Where is Fong Tat Building?⌄

Fong Tat Building is at 3 Kallang Way 2A, Singapore 347493, in the Geylang planning area.

What is Fong Tat Building zoned as?⌄

Fong Tat Building is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at Fong Tat Building?⌄

Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of Fong Tat Building?⌄

Fong Tat Building is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Fong Tat Building sold for?⌄

Across 2 recorded transactions, the median is S$471 psf. The latest was in November 2015.

What does industrial space near Fong Tat Building rent for?⌄

JTC's rental returns for Kallang Way 2A put the median at about S$1.63 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Kallang Way 2A, not a rent quoted for Fong Tat Building itself.

What is the nearest MRT station to Fong Tat Building?⌄

Geylang Bahru MRT is the closest, 649 m away (about a 10-minute walk).

How many businesses are registered at Fong Tat Building?⌄

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

For agents · in the PropKaki app

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

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.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

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.

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 estate boundaries, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, 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.