IndustrialBUSINESS 2LeaseholdDistrict 22 · Pioneer

Lokyang Light Industries Park

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2014
Quick Summary

Lokyang Light Industries Park is a industrial building in District 22 · Pioneer, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 4 transactions are on record since 1995, most recently in May 2014. ACRA records 26 live company registrations at this address.

1

What are the key facts about Lokyang Light Industries Park?

Key takeawayLokyang Light Industries Park is a industrial building in District 22 · Pioneer, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 22 · Pioneer
Address
15 Pioneer Road North
Land area
Transactions on record
4 (records start 1995)
Live listings
None
ACRA registrations
26
2

About Lokyang Light Industries Park

Lokyang Light Industries Park is an industrial estate in Pioneer (District 22). It is located along Pioneer Road North, Singapore 628464.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

4 transactions have been recorded here, at a median of S$131 psf. The most recent was in May 2014.

Across JTC's rental returns for Pioneer Road North, the median rent for industrial space on this street works out to about S$1.25 psf per month over 2 observations. Observed medians on the street span S$1.07 to S$1.44 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 2.6 km away. The closest business-park zone is about 2.2 km away. The closest bus stop (Aft Kian Teck Rd) is 119 m away (about a 2-minute walk).

26 businesses are currently registered at this address with ACRA.

3

What is Lokyang Light Industries Park zoned as?

Key takeawayLokyang Light Industries Park sits on land zoned BUSINESS 2 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 2
Gross plot ratio
2.5

Run the full zoning report for this building →

4

What has Lokyang Light Industries Park sold for?

Key takeaway4 transactions are on record since 1995, most recently in May 2014 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2014Multiple-user FactoryS$310k2,336 sqft$133
Sept 2012Multiple-user FactoryS$265k2,250 sqft$118
Aug 2007Multiple-user FactoryS$290k2,250 sqft$129
May 1997Multiple-user FactoryS$645k2,250 sqft$287

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

What is near Lokyang Light Industries Park?

Amenities nearby

Aft Kian Teck Rd · 119 mDrs Koo, Fok & Associates · 225 mEducational Institution · 1.0 km

Straight-line distances. Source: PropKaki amenities data.

6

How many companies are registered at Lokyang Light Industries Park?

Key takeawayACRA records 26 live company registrations at this address, 3 of them in the last three years.
Live registrations
26
Registered last 3 years
3

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.

7

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$13.50 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$13.50 psm/mo
Observed range
S$11.48 – S$15.51

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.

8

Frequently asked questions about Lokyang Light Industries Park

Where is Lokyang Light Industries Park?

Lokyang Light Industries Park is at 15 Pioneer Road North, Singapore 628464, in the Pioneer planning area.

What is Lokyang Light Industries Park zoned as?

Lokyang Light Industries Park is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at Lokyang Light Industries Park?

Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of Lokyang Light Industries Park?

Lokyang Light Industries Park is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Lokyang Light Industries Park sold for?

Across 4 recorded transactions, the median is S$131 psf. The latest was in May 2014.

What does industrial space near Lokyang Light Industries Park rent for?

JTC's rental returns for Pioneer Road North put the median at about S$1.25 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Pioneer Road North, not a rent quoted for Lokyang Light Industries Park itself.

How many businesses are registered at Lokyang Light Industries Park?

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

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