Hoesteel Industrial Building

Asset class

Industrial

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Tenure

Freehold

District / Area

District 13 · Geylang

Address

33 Tannery Lane

Land area

2,797 sqm

Completed

Not on record

Storeys

Not on record

Transactions on record

1 (records start 1995)

Live listings

None

ACRA registrations

10

Hoesteel Industrial Building is an industrial building in Geylang (District 13). It is located along Tannery Lane, Singapore 347789.

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 2,797 sqm of land with roughly 6,993 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$797 psf. The most recent was in February 2010.

Across JTC's rental returns for Tannery Lane, the median rent for industrial space on this street works out to about S$1.66 psf per month over 106 observations. Observed medians on the street span S$1.00 to S$3.01 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

1 industrial project is still uncompleted on this street, adding about 16,190 sqm of gross floor area, the earliest due around 2029.

The nearest port or airport land is about 6.4 km away. The closest business-park zone is about 1.6 km away. The nearest MRT is Mattar MRT, 743 m away (about a 12-minute walk). The closest bus stop (Opp Cencon Bldg) is 241 m away (about a 4-minute walk).

10 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Run the full zoning report for this building →

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

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.

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.

Straight-line distances. Source: PropKaki amenities data.

• Wholesale and retail trade
  4
• Manufacturing
  3
• Information and communications
  1
• Financial and insurance
  1
• Administrative and support services
  1
• Transportation and storage
  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.

Street rent, median

S$17.91 psm/mo

Observed range

S$10.76 – S$32.37

Pipeline on this street

1 project · earliest TOP 2029

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.