Lhk Building
Lhk Building is a industrial building in District 14 · Geylang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 52 transactions are on record since 1995, most recently in Nov 2023. 1 unit is currently listed for sale. ACRA records 146 live company registrations at this address.
What are the key facts about Lhk Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Freehold
- District / Area
- District 14 · Geylang
- Address
- 701 Sims Drive
- Land area
- 3,836 sqm
- Transactions on record
- 52 (records start 1995)
- Live listings
- 1
- ACRA registrations
- 146
About Lhk Building
Lhk Building is an industrial building in Geylang (District 14). It is located along Sims Drive, Singapore 387383.
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 3,836 sqm of land with roughly 9,590 sqm of gross floor area.
52 transactions have been recorded here, at a median of S$450 psf. The most recent was in November 2023.
Across JTC's rental returns for Sims Drive, the median rent for industrial space on this street works out to about S$1.60 psf per month over 105 observations. Observed medians on the street span S$0.70 to S$2.39 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 5.3 km away. The closest business-park zone is about 2.6 km away. The nearest MRT is Aljunied MRT, 662 m away (about a 10-minute walk). The closest bus stop (Blk 45) is 147 m away (about a 2-minute walk).
146 businesses are currently registered at this address with ACRA.
What is Lhk Building zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has Lhk Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Nov 2023 | Multiple-user Factory | S$2.80M | 3,154 sqft | $888 |
| Jul 2023 | Multiple-user Factory | S$1.19M | 1,163 sqft | $1,027 |
| Jul 2023 | Multiple-user Factory | S$1.19M | 1,163 sqft | $1,027 |
| Mar 2023 | Multiple-user Factory | S$1.65M | 1,711 sqft | $964 |
| Sept 2022 | Multiple-user Factory | S$1.59M | 2,282 sqft | $695 |
| Feb 2022 | Multiple-user Factory | S$3.21M | 4,941 sqft | $650 |
| Feb 2022 | Multiple-user Factory | S$2.04M | 3,143 sqft | $650 |
| Feb 2022 | Multiple-user Factory | S$1.37M | 2,110 sqft | $650 |
| Nov 2021 | Multiple-user Factory | S$2.19M | 3,261 sqft | $671 |
| Aug 2021 | Multiple-user Factory | S$720k | 710 sqft | $1,013 |
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.
How does Sims Drive price?
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.
What is available at Lhk Building right now?
For sale (1)
- Lhk BuildingS$2.30M · 1,425 sqft
What is near Lhk Building?
Getting around
- Aljunied MRT662 m · ~10 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Lhk Building?
- Live registrations
- 146
- Registered last 3 years
- 21
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.
What does industrial space rent for on this street?
- Street rent, median
- S$17.22 psm/mo
- Observed range
- S$7.53 – S$25.77
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 Lhk Building
Where is Lhk Building?⌄
Lhk Building is at 701 Sims Drive, Singapore 387383, in the Geylang planning area.
What is Lhk Building zoned as?⌄
Lhk 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 Lhk 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 Lhk Building?⌄
Lhk Building is freehold.
What have units at Lhk Building sold for?⌄
Across 52 recorded transactions, the median is S$450 psf. The latest was in November 2023.
What does industrial space near Lhk Building rent for?⌄
JTC's rental returns for Sims Drive put the median at about S$1.60 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Sims Drive, not a rent quoted for Lhk Building itself.
What is the nearest MRT station to Lhk Building?⌄
Aljunied MRT is the closest, 662 m away (about a 10-minute walk).
How many businesses are registered at Lhk Building?⌄
146 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on Lhk Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.