IndustrialBUSINESS 1FreeholdDistrict 12 · Novena

Gs Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Oct 2007

Quick Summary

Gs Building is a industrial building in District 12 · Novena, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 1 transaction is on record since 1995, most recently in Oct 2007. 6 units are currently listed for sale or rent. ACRA records 2 live company registrations at this address.

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

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What are the key facts about Gs Building?

Key takeawayGs Building is a industrial building in District 12 · Novena, zoned BUSINESS 1, held freehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Freehold
District / Area: District 12 · Novena
Address: 16,16b,16d,20a Lorong Ampas
Land area: 3,427 sqm
Completed: Not on record
Storeys: 6 (© OpenStreetMap contributors)
Transactions on record: 1 (records start 1995)
Live listings: 6
ACRA registrations: 2

About Gs Building

Gs Building is an industrial building in Novena (District 12). It is located along Lorong Ampas, Singapore 328778.

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 3,427 sqm of land with roughly 8,565 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$306 psf. The most recent was in October 2007.

Across JTC's rental returns for Lorong Ampas, the median rent for industrial space on this street works out to about S$1.37 psf per month over 19 observations. Observed medians on the street span S$1.14 to S$2.21 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 6.2 km away. The closest business-park zone is about 4.0 km away. The nearest MRT is Toa Payoh MRT, 935 m away (about a 15-minute walk). The closest bus stop (Opp NKF) is 194 m away (about a 3-minute walk).

2 businesses are currently registered at this address with ACRA.

What is Gs Building zoned as?

Key takeawayGs 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 has Gs Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Oct 2007 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Oct 2007	Warehouse	S$3.00M	9,795 sqft	$306

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

What does space at Gs Building rent for?

Key takeawayJTC publishes leases at Gs Building itself: strata factory space leased at a median of $1.21 psf a month in 2022Q1, with the middle half of leases between $1.11 and $1.21. 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 · 2022Q1

25th pct

$1.11

$11.93 psm

Median

$1.21

$13.02 psm

75th pct

$1.21

$13.02 psm

S$ per sq ft per month

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.

Market context around Gs 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 Gs Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 2 units for rent; 4 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, 1 new listing appeared and 3 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 Gs Building?

Key takeawayURA's planning decisions at Gs Building since 2000 are below. 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.

20 Aug 2021Refused
Change of use to art centre
Proposed change of use of 1st storey premises to art centre

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).

How does Lorong Ampas price?

Key takeawayAcross 49 strata sales on Lorong Ampas in the last 5 years, the median is $1,517 psf.

Strata sales on the street (5y)

Street median PSF (strata)

$1,517

Street figures cover strata deals only — land and strata PSF are not comparable.

What is available at Gs Building right now?

Key takeaway6 units are currently listed at Gs Building — 4 for sale and 2 for rent. One row per unit; several agents often market the same unit.

For sale (4)

Space 18S$50k · 4,908 sqft
Space 18S$2.59M · 1,788 sqft
Space 18S$2.50M · 1,787 sqft
Space 18S$2.58M · 1,787 sqft

For rent (2)

Space 18S$8k/mo · 1,765 sqft
Office Store near town in Balestier for rent2 agentsS$8k/mo · 1,733 sqft

Browse every listing at this building →

What is near Gs Building?

Key takeawayThe nearest MRT/LRT is Toa Payoh MRT, about 935 m away.

Getting around

Toa Payoh MRT935 m · ~15 min

Amenities nearby

Opp NKF · 194 mPlushealth Medical Clinic & Surgery · 263 mBlks 91/92 Whampoa Drive # · 346 mEducational Institution · 530 mRen Ci Community Hospital · 889 mToa Payoh MRT Exit A · 897 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Gs Building

Key takeawayThe nearest station is Toa Payoh (NS19), 898 m away — a busy station, with about 76,000 taps in and out on an average weekday. 24 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 91% of industrial buildings

nearest MRT/LRT Toa Payoh (NS19) 898 m, about 76,000 taps a weekday; bus stops within 400 m: 11, about 17,000 taps a weekday; Novena: 42,829 resident workers (Census 2020, by workplace); about 66,000 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

Toa Payoh (NS19)898 m · about 76,000 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 Gs Building. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 17,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Lor Ampas (URA)33 m
S$0.60 per half-hour at midday on a weekday · 5 car lots
Blk 103/104 Jalan Rajah (HDB)143 m
S$0.60 per half-hour at midday on a weekday · 186 car lots
Blk 76/77 Lorong Limau (HDB)209 m
S$0.60 per half-hour at midday on a weekday · gantry 3 m · 127 car lots
Jln Ampas (URA)211 m
S$0.60 per half-hour at midday on a weekday · 18 car lots
Blk 105/108 Jalan Rajah (HDB)261 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 43 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.

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

Who's registered at Gs Building?

Key takeaway2 live companies (and LLPs and branches; sole proprietors are not counted) list Gs Building as their registered address. These are registered businesses, not who occupies the space.

Construction
1
Wholesale and retail trade
1
Professional, scientific and technical services
0
Manufacturing
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$14.71 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$14.71 psm/mo
Observed range: S$12.23 – S$23.83

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 Gs Building

Where is Gs Building?⌄

Gs Building is at 16,16B,16D,20A Lorong Ampas, Singapore 328778, in the Novena planning area.

What is Gs Building zoned as?⌄

Gs 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 Gs 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 Gs Building?⌄

Gs Building is freehold.

What have units at Gs Building sold for?⌄

Across 1 recorded transaction, the median is S$306 psf. The latest was in October 2007.

What does industrial space near Gs Building rent for?⌄

JTC's rental returns for Lorong Ampas put the median at about S$1.37 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Lorong Ampas, not a rent quoted for Gs Building itself.

What is the nearest MRT station to Gs Building?⌄

Toa Payoh MRT is the closest, 935 m away (about a 15-minute walk).

How many businesses are registered at Gs Building?⌄

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

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Read the figures right

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

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.

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 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.

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.