IndustrialBUSINESS 1 - WHITEFreeholdDistrict 19 · Serangoon

Guang Ming Industrial Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2012
Quick Summary

Guang Ming Industrial Building is a industrial building in District 19 · Serangoon, on land zoned BUSINESS 1 - WHITE under the URA Master Plan with a gross plot ratio of 3.5. It is freehold. 16 transactions are on record since 1995, most recently in Jul 2012. ACRA records 0 live company registrations at this address.

1

What are the key facts about Guang Ming Industrial Building?

Key takeawayGuang Ming Industrial Building is a industrial building in District 19 · Serangoon, zoned BUSINESS 1 - WHITE, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1 - WHITE
Gross plot ratio
3.5
Tenure
Freehold
District / Area
District 19 · Serangoon
Address
65 Upper Paya Lebar Road
Land area
Transactions on record
16 (records start 1995)
Live listings
None
ACRA registrations
0
2

About Guang Ming Industrial Building

Guang Ming Industrial Building is an industrial building in Serangoon (District 19). It is located along Upper Paya Lebar Road, Singapore 534817.

Under the URA Master Plan the site is zoned Business 1 - White with a gross plot ratio of 3.5.

The site is freehold.

16 transactions have been recorded here, at a median of S$430 psf. The most recent was in July 2012.

Across JTC's rental returns for Upper Paya Lebar Road, the median rent for industrial space on this street works out to about S$1.66 psf per month over 101 observations. Observed medians on the street span S$0.50 to S$3.10 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 7.6 km away. The closest business-park zone is about 344 m away. The nearest MRT is Tai Seng MRT, 186 m away (about a 3-minute walk). The closest bus stop (Asiawide Ind Bldg) is 119 m away (about a 2-minute walk).

3

What is Guang Ming Industrial Building zoned as?

Key takeawayGuang Ming Industrial Building sits on land zoned BUSINESS 1 - WHITE with a gross plot ratio of 3.5.
Land-use zone
BUSINESS 1 - WHITE
Gross plot ratio
3.5

Run the full zoning report for this building →

4

What has Guang Ming Industrial Building sold for?

Key takeawayAcross 16 recorded transactions since 1995, the median price is about S$943k, most recently in Jul 2012.
DateUsePriceAreaPSF
Jul 2012Multiple-user FactoryS$1.66M2,799 sqft$593
Sept 2011Multiple-user FactoryS$1.26M2,799 sqft$450
Jul 2011WarehouseS$692k1,442 sqft$480
Aug 2007Multiple-user FactoryS$820k2,799 sqft$293
Jun 2006Multiple-user FactoryS$395k1,733 sqft$228
Aug 2000Multiple-user FactoryS$790k2,799 sqft$282
Jun 2000Multiple-user FactoryS$1.15M2,799 sqft$410
Apr 2000WarehouseS$440k1,442 sqft$305
Mar 1999Multiple-user FactoryS$682k2,131 sqft$320
Aug 1998Multiple-user FactoryS$1.05M1,841 sqft$570

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.

5

How does Upper Paya Lebar Road price?

Key takeawayUpper Paya Lebar Road's current JTC street rent is S$25.94 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 3.5% (3.1% net of property tax).
Strata sales on the street (5y)
25
Street median PSF (strata)
$816
Indicative street yield
3.5% gross
3.1% 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.

6

What is near Guang Ming Industrial Building?

Key takeawayThe nearest MRT/LRT is Tai Seng MRT, about 186 m away.

Getting around

Amenities nearby

Tai Seng MRT Exit A · 65 mAsiawide Ind Bldg · 119 mThe Clinic @ Tai Seng · 176 mBusiness Park · 345 mEducational Institution · 489 mBlk 80 Circuit Road · 950 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Guang Ming Industrial Building?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

8

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$17.91 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$17.91 psm/mo
Observed range
S$5.35 – S$33.36

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.

9

Frequently asked questions about Guang Ming Industrial Building

Where is Guang Ming Industrial Building?

Guang Ming Industrial Building is at 65 Upper Paya Lebar Road, Singapore 534817, in the Serangoon planning area.

What is Guang Ming Industrial Building zoned as?

Guang Ming Industrial Building is zoned Business 1 - White under the URA Master Plan, with a gross plot ratio of 3.5.

What is the tenure of Guang Ming Industrial Building?

Guang Ming Industrial Building is freehold.

What have units at Guang Ming Industrial Building sold for?

Across 16 recorded transactions, the median is S$430 psf. The latest was in July 2012.

What does industrial space near Guang Ming Industrial Building rent for?

JTC's rental returns for Upper Paya Lebar Road put the median at about S$1.66 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Upper Paya Lebar Road, not a rent quoted for Guang Ming Industrial Building itself.

What is the nearest MRT station to Guang Ming Industrial Building?

Tai Seng MRT is the closest, 186 m away (about a 3-minute walk).

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