Lipo Building
Lipo 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. 83 transactions are on record since 1995, most recently in Jul 2026. 7 units are currently listed for sale or rent. ACRA records 152 live company registrations at this address.
What are the key facts about Lipo Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Freehold
- District / Area
- District 14 · Geylang
- Address
- 621 Aljunied Road
- Land area
- 6,708 sqm
- Transactions on record
- 83 (records start 1995)
- Live listings
- 7
- ACRA registrations
- 152
About Lipo Building
Lipo Building is an industrial building in Geylang (District 14). It is located along Aljunied Road, Singapore 389834.
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 6,708 sqm of land with roughly 16,771 sqm of gross floor area.
83 transactions have been recorded here, at a median of S$533 psf. The most recent was in July 2026.
Across JTC's rental returns for Aljunied Road, the median rent for industrial space on this street works out to about S$1.87 psf per month over 106 observations. Observed medians on the street span S$1.23 to S$2.56 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 6.1 km away. The closest business-park zone is about 1.8 km away. The nearest MRT is Mattar MRT, 430 m away (about a 7-minute walk). The closest bus stop (Opp Canossa Catholic Pr) is 180 m away (about a 3-minute walk).
152 businesses are currently registered at this address with ACRA.
What is Lipo Building zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has Lipo Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jul 2026 | Multiple-user Factory | S$1.22M | 1,281 sqft | $949 |
| Apr 2026 | Multiple-user Factory | S$1.28M | 969 sqft | $1,321 |
| Apr 2026 | Multiple-user Factory | S$1.33M | 1,066 sqft | $1,250 |
| Mar 2026 | Multiple-user Factory | S$735k | 807 sqft | $910 |
| Jan 2026 | Multiple-user Factory | S$4.57M | 5,543 sqft | $825 |
| Jul 2025 | Multiple-user Factory | S$900k | 1,012 sqft | $889 |
| Jun 2025 | Multiple-user Factory | S$852k | 947 sqft | $900 |
| Jun 2025 | Multiple-user Factory | S$852k | 947 sqft | $900 |
| Jun 2025 | Multiple-user Factory | S$882k | 980 sqft | $900 |
| Jun 2025 | Multiple-user Factory | S$852k | 947 sqft | $900 |
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 Aljunied Road 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 Lipo Building right now?
For sale (2)
- Lipo Building2 agentsS$4.23M · 4,865 sqft
- Lipo BuildingS$4.59M · 4,779 sqft
For rent (5)
- Lipo Building2 agentsS$8k/mo · 4,456 sqft
- Lipo BuildingS$800/mo · 140 sqft
- Lipo BuildingS$550/mo · 100 sqft
- Lipo Building2 agentsS$2k/mo · 430 sqft
What is near Lipo Building?
Getting around
- Mattar MRT430 m · ~7 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Lipo Building?
- Live registrations
- 152
- Registered last 3 years
- 54
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$20.09 psm/mo
- Observed range
- S$13.27 – S$27.53
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 Lipo Building
Where is Lipo Building?⌄
Lipo Building is at 621 Aljunied Road, Singapore 389834, in the Geylang planning area.
What is Lipo Building zoned as?⌄
Lipo 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 Lipo 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 Lipo Building?⌄
Lipo Building is freehold.
What have units at Lipo Building sold for?⌄
Across 83 recorded transactions, the median is S$533 psf. The latest was in July 2026.
What does industrial space near Lipo Building rent for?⌄
JTC's rental returns for Aljunied Road put the median at about S$1.87 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Aljunied Road, not a rent quoted for Lipo Building itself.
What is the nearest MRT station to Lipo Building?⌄
Mattar MRT is the closest, 430 m away (about a 7-minute walk).
How many businesses are registered at Lipo Building?⌄
152 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 Lipo 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.