IndustrialBUSINESS 1LeaseholdDistrict 14 · Geylang

Framework Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Oct 2025
Quick Summary

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.

1

What are the key facts about Framework Building?

Key takeawayFramework Building is a industrial building in District 14 · Geylang, zoned BUSINESS 1, held leasehold.
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
2

Who owns Framework Building, and what is it valued at?

Key takeawayFramework 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.
2 Aljunied Avenue 1
Valued at S$61.6 million as at 31 Mar 2026, by JLL.
2 Aljunied Avenue 1 (Framework Building)
Valued at S$61.6 million as at 31 Mar 2026.
from its annual report (2025)
2 Aljunied Avenue 1: AIMS APAC REIT's annual report (2025)
Occupancy
100%
Land tenure
30 years
Whole-building deals
  1. Announced 20 Nov 2025 · completed 20 Nov 2025
    AA REIT bought 2 Aljunied Avenue 1, Singapore 389977.
  2. Announced 28 Aug 2025
    HSBC 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.

3

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.

4

What is Framework Building zoned as?

Key takeawayFramework 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 →

5

What has Framework Building sold for?

Key takeaway2 transactions are on record since 1995, most recently in Oct 2025 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Oct 2025Single-user FactoryS$45.75M80,533 sqft$568
Nov 2002Single-user FactoryS$3.28M80,533 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

6

Market context around Framework 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.

7

How fast units move at Framework Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 4 units 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.

8

What's been approved at Framework Building?

Key takeawayURA has approved 2 changes of use at Framework Building since 2000, most recently in 2018. 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.
  1. 1 Nov 2018ApprovedFloors 4, 7
    Change 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)

  2. 31 Jul 2015ApprovedFloor 4
    Change of use to call centre

    Proposed change of use of production unit #04-XX to call centre at 2 aljunied avenue 1

  3. 24 Jun 2013Approved
    Additions & 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).

9

What is available at Framework Building right now?

Key takeaway4 units are currently listed at Framework Building. One row per unit; several agents often market the same unit.

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

Browse every listing at this building →

10

What is near Framework Building?

Key takeawayThe nearest MRT/LRT is Paya Lebar MRT, about 454 m away.

Getting around

Amenities nearby

Opp Blk 1015 · 105 mBlk 117 Aljunied Ave 2 · 256 mEducational Institution · 317 mAljunied Medical Clinic · 322 mPaya Lebar MRT Exit C · 344 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Framework Building

Key takeawayThe nearest station is Paya Lebar (EW8 / CC9), 344 m away — one of the busiest stations, with about 95,000 taps in and out on an average weekday. 14 public car parks are within 500 m.
Foot traffic: busier than 99% of industrial buildings

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 m
    no short-term parking · 3 car lots
  • Blk 118 Aljunied Avenue 2 (HDB)180 m
    S$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 m
    S$0.60 per half-hour at midday on a weekday · 64 car lots
  • Blk 119 Aljunied Crescent (HDB)326 m
    S$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.

12

Who's registered at Framework Building?

Key takeaway3 live companies (and LLPs and branches; sole proprietors are not counted) list Framework Building as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    1
  • Manufacturing
    1
  • Construction
    1
  • Financial and insurance
    0
  • Information and communications
    0
  • 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

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.

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