PropKaki
IndustrialBUSINESS 1999-year leaseholdDistrict 20 · Bishan

L & Y Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Sept 2018
Quick Summary

L & Y Building is a industrial building in District 20 · Bishan, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is 999-year leasehold. 14 transactions are on record since 1995, most recently in Sept 2018. 6 units are currently listed for sale or rent. ACRA records 128 live company registrations at this address.

The facts are here — now get the verdict on L & Y Building.Ask PropKaki
1

What are the key facts about L & Y Building?

Key takeawayL & Y Building is a industrial building in District 20 · Bishan, zoned BUSINESS 1, held 999-year leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
999-year leasehold
District / Area
District 20 · Bishan
Address
59 Jalan Pemimpin
Land area
3,664 sqm
Transactions on record
14 (records start 1995)
Live listings
6
ACRA registrations
128
2

About L & Y Building

L & Y Building is an industrial building in Bishan (District 20). It is located along Jalan Pemimpin, Singapore 577218.

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 999-year leasehold, with about 858 years left to run. It sits on about 3,664 sqm of land with roughly 9,161 sqm of gross floor area.

14 transactions have been recorded here, at a median of S$290 psf. The most recent was in September 2018.

Across JTC's rental returns for Jalan Pemimpin, 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$0.88 to S$2.67 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 9,880 sqm of gross floor area, the earliest due around 2027.

The nearest port or airport land is about 6.3 km away. The closest business-park zone is about 5.0 km away. The nearest MRT is Marymount MRT, 442 m away (about a 7-minute walk). The closest bus stop (Marymount View) is 294 m away (about a 5-minute walk).

128 businesses are currently registered at this address with ACRA.

3

What is L & Y Building zoned as?

Key takeawayL & Y 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 L & Y Building sold for?

Key takeawayAcross 14 recorded transactions since 1995, the median price is about S$541k, most recently in Sept 2018.
DateUsePriceAreaPSF
Sept 2018Multiple-user FactoryS$1.01M1,335 sqft$757
Aug 2018Multiple-user FactoryS$1.10M1,572 sqft$700
Sept 2017Multiple-user FactoryS$1.10M1,572 sqft$700
Nov 2012Multiple-user FactoryS$525k1,744 sqft$301
Aug 2009Multiple-user FactoryS$605k2,045 sqft$296
Jun 2009Multiple-user FactoryS$473k1,572 sqft$301
Nov 2007Multiple-user FactoryS$610k2,282 sqft$267
Jul 2007Multiple-user FactoryS$532k2,045 sqft$260
Jul 2007Multiple-user FactoryS$455k1,572 sqft$290
Jun 2007Multiple-user FactoryS$504k1,744 sqft$289

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 Jalan Pemimpin price?

Key takeawayJalan Pemimpin's current JTC street rent is S$27.27 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 2.7% (2.5% net of property tax).
Strata sales on the street (5y)
49
Street median PSF (strata)
$1,077
Indicative street yield
2.7% gross
2.5% 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 available at L & Y Building right now?

Key takeaway6 units are currently listed at L & Y Building — 1 for sale and 5 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • L & Y BuildingS$4k · 1,752 sqft

For rent (5)

  • L & YS$4k/mo · 1,752 sqft
  • Bishan Fitted Kitchen/ Cloud Kitchen / Food Processing LicenseS$3k/mo · 117 sqft
  • L&Y Building3 agentsS$4k/mo · 1,752 sqft
  • L & Y BuildingS$4k/mo · 1,676 sqft

Browse every listing at this building →

7

What is near L & Y Building?

Key takeawayThe nearest MRT/LRT is Marymount MRT, about 442 m away.

Getting around

Amenities nearby

Marymount View · 294 mEducational Institution · 371 mMarymount MRT Exit A · 454 mDA Clinic @ Bishan · 579 mBlk 320 Shunfu Road · 625 mMount Alvernia Hospital · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at L & Y Building?

Key takeawayACRA records 128 live company registrations at this address, 24 of them in the last three years.
Live registrations
128
Registered last 3 years
24

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.

9

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$19.34 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$19.34 psm/mo
Observed range
S$9.46 – S$28.70
Pipeline on this street
1 project · earliest TOP 2027

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.

10

Frequently asked questions about L & Y Building

Where is L & Y Building?⌄

L & Y Building is at 59 Jalan Pemimpin, Singapore 577218, in the Bishan planning area.

What is L & Y Building zoned as?⌄

L & Y 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 L & Y 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 L & Y Building?⌄

L & Y Building is 999-year leasehold. About 858 years remain on the lease.

What have units at L & Y Building sold for?⌄

Across 14 recorded transactions, the median is S$290 psf. The latest was in September 2018.

What does industrial space near L & Y Building rent for?⌄

JTC's rental returns for Jalan Pemimpin 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 Jalan Pemimpin, not a rent quoted for L & Y Building itself.

What is the nearest MRT station to L & Y Building?⌄

Marymount MRT is the closest, 442 m away (about a 7-minute walk).

How many businesses are registered at L & Y Building?⌄

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

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