IndustrialBUSINESS 1FreeholdDistrict 13 · Geylang

Golden Wheel Building

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

Golden Wheel Building 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. 32 transactions are on record since 1995, at a median S$650 psf, most recently in May 2025. 4 units are currently listed for sale or rent. ACRA records 60 live company registrations at this address.

1

What are the key facts about Golden Wheel Building?

Key takeawayGolden Wheel Building is a industrial building in District 13 · Geylang, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 13 · Geylang
Address
41 Kallang Pudding Road
Land area
3,418 sqm
Completed
Not on record
Storeys
Not on record
Strata units (MCST)
26
Managing agent
STRATA LAND PROPERTY CONSULTANTS PTE LTD
Strata formed
1992 (MCST 1694)
Units with a recorded sale
At least 27
Listed as
Light Industrial (B1)
Transactions on record
32 (records start 1995)
Live listings
4
ACRA registrations
60
2

About Golden Wheel Building

Golden Wheel Building is an industrial building in Geylang (District 13). It is located along Kallang Pudding Road, Singapore 349316.

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 3,418 sqm of land with roughly 8,545 sqm of gross floor area.

32 transactions have been recorded here, at a median of S$650 psf. The most recent was in May 2025.

Across JTC's rental returns for Kallang Pudding Road, the median rent for industrial space on this street works out to about S$1.80 psf per month over 106 observations. Observed medians on the street span S$0.85 to S$2.59 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 6.6 km away. The closest business-park zone is about 1.4 km away. The nearest MRT is Mattar MRT, 575 m away (about a 9-minute walk). The closest bus stop (Opp Aljunied Pk) is 76 m away (about a 1-minute walk).

70 businesses are currently registered at this address with ACRA.

3

What is Golden Wheel Building zoned as?

Key takeawayGolden Wheel 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 →

4

What has Golden Wheel Building sold for?

Key takeawayAcross 32 recorded transactions since 1995, the median price is about S$1.01M, most recently in May 2025.
DateUsePriceAreaPSF
May 2025Multiple-user FactoryS$1.37M1,561 sqft$876
Jul 2023Multiple-user FactoryS$1.68M2,121 sqft$792
May 2023Multiple-user FactoryS$949k1,163 sqft$816
Nov 2022Multiple-user FactoryS$5.93M7,330 sqft$809
Jul 2021Multiple-user FactoryS$3.52M5,328 sqft$660
Nov 2020Multiple-user FactoryS$1.00M1,561 sqft$641
Jan 2019Multiple-user FactoryS$8.00M10,129 sqft$790
May 2018Multiple-user FactoryS$4.23M7,330 sqft$577
Mar 2018Multiple-user FactoryS$1.45M2,121 sqft$686
Feb 2014Multiple-user FactoryS$8.45M12,432 sqft$680

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

5

What does space at Golden Wheel Building rent for?

Key takeawayJTC publishes leases at Golden Wheel Building itself: strata factory space leased at a median of $2.45 psf a month in 2026Q3, with the middle half of leases between $2.45 and $2.51. That is the building's figure across its leases, and never a quote for a particular unit.

Strata factory space in this building

This building · 2026Q3
25th pct
$2.45
$26.40 psm
Median
$2.45
$26.40 psm
75th pct
$2.51
$27.04 psm

S$ per sq ft per month

2019Q2 · $19.23 psm2026Q3 · $26.40 psm median

JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.

Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.

Strata factory space on Kallang Pudding Road

Street level · 2026Q3
25th pct
—
— psm
Median
$2.42
$26.10 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +3.8% on a year earlier

2023Q4 · $21.86 psm2026Q3 · $26.10 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.

6

Market context around Golden Wheel 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 Golden Wheel Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 2 units for rent; 2 units for sale.

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.

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.

8

How does Kallang Pudding Road price?

Key takeawayKallang Pudding Road's current JTC street rent is S$26.10 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 3.7% (3.3% net of property tax).
Strata sales on the street (5y)
111
Street median PSF (strata)
$804
Indicative street yield
3.7% gross
3.3% net of property tax

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.

9

What is available at Golden Wheel Building right now?

Key takeaway4 units are currently listed at Golden Wheel Building — 2 for sale and 2 for rent. One row per unit; several agents often market the same unit.

For sale (2)

  • Golden Wheel BuildingS$15.00M · 5,328 sqft
  • Golden Wheel Building2 agentsS$15.00M · 12,500 sqft

For rent (2)

  • Golden Wheel BuildingS$2k/mo · 750 sqft
  • Golden Wheel Building2 agentsS$3k/mo · 1,141 sqft

Browse every listing at this building →

10

What is near Golden Wheel Building?

Key takeawayThe nearest MRT/LRT is Mattar MRT, about 575 m away.

Getting around

Amenities nearby

Circuit Medical Clinic · 76 mOpp Aljunied Pk · 77 mEducational Institution · 335 mMattar MRT Exit A · 505 mBlks 79/79A Circuit Road · 768 mBusiness Park · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Golden Wheel Building

Key takeawayThe nearest station is Mattar (DT25), 505 m away — a quiet station, with 9,848 taps in and out on an average weekday. 10 public car parks are within 500 m.
Foot traffic: busier than 87% of industrial buildings

nearest MRT/LRT Mattar (DT25) 505 m, about 9,848 taps a weekday; bus stops within 400 m: 10, about 15,000 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)505 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 Golden Wheel Building. Transfers between lines don't tap, so interchanges read low.

Bus

10 bus stops within 400 m, with about 15,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Tannery Lane (URA)249 m
    S$0.60 per half-hour at midday on a weekday · 36 car lots
  • Happy Ave North (URA)268 m
    S$0.60 per half-hour at midday on a weekday · 7 car lots
  • Soon Wing Rd (URA)272 m
    S$0.60 per half-hour at midday on a weekday · 10 car lots
  • Jln Anggerek (URA)395 m
    S$0.60 per half-hour at midday on a weekday · 18 car lots
  • Genting Rd (URA)429 m
    S$0.60 per half-hour at midday on a weekday · 20 car lots

Nearest URA season parking: Service Rd (Macpherson Rd), 524 m away, S$90/month.

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

12

Who's registered at Golden Wheel Building?

Key takeaway60 live companies (and LLPs and branches; sole proprietors are not counted) list Golden Wheel Building as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    16
  • Construction
    9
  • Information and communications
    8
  • Financial and insurance
    7
  • Professional, scientific and technical services
    5
  • Administrative and support services
    4
  • Transportation and storage
    4
  • Manufacturing
    3
  • Health and social services
    2
  • Other services
    1

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. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. ACRA, as of 2026-09-16.

13

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$19.41 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$19.41 psm/mo
Observed range
S$9.15 – S$27.93

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.

14

Frequently asked questions about Golden Wheel Building

Where is Golden Wheel Building?⌄

Golden Wheel Building is at 41 Kallang Pudding Road, Singapore 349316, in the Geylang planning area.

What is Golden Wheel Building zoned as?⌄

Golden Wheel 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 Golden Wheel 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 Golden Wheel Building?⌄

Golden Wheel Building is freehold.

What have units at Golden Wheel Building sold for?⌄

Across 32 recorded transactions, the median is S$650 psf. The latest was in May 2025.

What does industrial space near Golden Wheel Building rent for?⌄

JTC's rental returns for Kallang Pudding Road put the median at about S$1.80 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Kallang Pudding Road, not a rent quoted for Golden Wheel Building itself.

What is the nearest MRT station to Golden Wheel Building?⌄

Mattar MRT is the closest, 575 m away (about a 9-minute walk).

How many businesses are registered at Golden Wheel Building?⌄

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

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