Framework Building
Framework Building is a industrial building in District 14 · Geylang, on land zoned BUSINESS 1 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 Oct 2025. 4 units are currently listed for rent. ACRA records 3 live company registrations at this address.
What are the key facts about Framework Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 14 · Geylang
- Address
- 2 Aljunied Avenue 1
- Land area
- 7,481 sqm
- Completed
- Not on record
- Storeys
- 8 (© OpenStreetMap contributors)
- Owner
- AIMS APAC REIT (SGX filings)
- Estate (JTC)
- Eunos Industrial Estate
- Listed as
- Light Industrial (B1)
- Transactions on record
- 2 (records start 1995)
- Live listings
- 4
- ACRA registrations
- 3
Who owns Framework Building, and what is it valued at?
- Occupancy
- 100%
- Land tenure
- 30 years
- Announced 20 Nov 2025 · completed 20 Nov 2025AA REIT bought 2 Aljunied Avenue 1, Singapore 389977.
- Announced 28 Aug 2025HSBC Institutional Trust Services (Singapore) Limited, in its capacity as the trustee of AA REIT Alexandra Trust bought Framework Building for S$56.7 million (purchase consideration) from Framework Building Products Pte Ltd.At the time: NLA 173,109 sq ft
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 Framework Building
Framework Building is an industrial building in Geylang (District 14). It is located along Aljunied Avenue 1, Singapore 389977.
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 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 7,481 sqm of land with roughly 18,703 sqm of gross floor area.
2 transactions have been recorded here, at a median of S$304 psf. The most recent was in October 2025.
The nearest port or airport land is about 6.0 km away. The closest business-park zone is about 2.2 km away. The nearest MRT is Paya Lebar MRT, 454 m away (about a 7-minute walk). The closest bus stop (Opp Blk 1015) is 105 m away (about a 2-minute walk).
4 businesses are currently registered at this address with ACRA.
What is Framework Building zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has Framework Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Oct 2025 | Single-user Factory | S$45.75M | 80,533 sqft | $568 |
| Nov 2002 | Single-user Factory | S$3.28M | 80,533 sqft | $41 |
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 Framework Building
- 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 Framework Building
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 Framework Building?
- 1 Nov 2018ApprovedFloors 4, 7Change of use to diagnostic laboratory
Proposed change of use of units #04-XX & #07-XX to diagnostic laboratory on lot 07613l mk24 at 2 aljunied avenue 1 – framework building (geylang planning area)
- 31 Jul 2015ApprovedFloor 4Change of use to call centre
Proposed change of use of production unit #04-XX to call centre at 2 aljunied avenue 1
- 24 Jun 2013ApprovedAdditions & alterations
Proposed new erection of a block of 8-storey single user light industry building to existing single user industrial development
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 Framework Building right now?
For rent (4)
- Framework BuildingS$7k/mo · 1,820 sqft
- Framework Building2 agentsS$23k/mo · 5,832 sqft
- 2 Aljunied Avenue 1S$9k/mo · 2,280 sqft
- Aljunied B1 Building2 agentsS$23k/mo · 5,831 sqft
What is near Framework Building?
Getting around
- Paya Lebar MRT454 m · ~7 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Framework Building
nearest MRT/LRT Paya Lebar (EW8/CC9) 344 m, about 95,000 taps a weekday; 3 more stations within 1 km; bus stops within 400 m: 9, about 29,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 48,000 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
- Paya Lebar (EW8 / CC9)344 m · about 95,000 weekday taps
- MacPherson (CC10 / DT26)581 m · about 39,000 weekday taps
- Aljunied (EW9)806 m · about 47,000 weekday taps
- Mattar (DT25)945 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 Framework Building. Transfers between lines don't tap, so interchanges read low.
Bus
9 bus stops within 400 m, with about 29,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Blk 118 Aljunied Avenue 2 (HDB)153 mno short-term parking · 3 car lots
- Blk 118 Aljunied Avenue 2 (HDB)180 mS$0.60 per half-hour at midday on a weekday · gantry 1.8 m · 231 car lots
- Blk 1005-1012 Aljunied Crescent (JTC)209 m
- Blk 114-117 Aljunied Avenue 2 (HDB)283 mS$0.60 per half-hour at midday on a weekday · 64 car lots
- Blk 119 Aljunied Crescent (HDB)326 mS$0.60 per half-hour at midday on a weekday · 128 car lots
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: Geylang Area, 1.1 km away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. Framework Building's own car park, if it has one, and its charges are not in the open data.
Who's registered at Framework Building?
- Wholesale and retail trade1
- Manufacturing1
- Construction1
- Financial and insurance0
- Information and communications0
- 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.
Frequently asked questions about Framework Building
Where is Framework Building?⌄
Framework Building is at 2 Aljunied Avenue 1, Singapore 389977, in the Geylang planning area.
What is Framework Building zoned as?⌄
Framework 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 Framework 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.
What is the tenure of Framework Building?⌄
Framework 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 Framework Building sold for?⌄
Across 2 recorded transactions, the median is S$304 psf. The latest was in October 2025.
What is the nearest MRT station to Framework Building?⌄
Paya Lebar MRT is the closest, 454 m away (about a 7-minute walk).
How many businesses are registered at Framework Building?⌄
4 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 Framework Building.
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.
