IndustrialBUSINESS 2LeaseholdDistrict 17 · Pasir Ris

Loyang Enterprise Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2026

Quick Summary

Loyang Enterprise Building is a industrial building in District 17 · Pasir Ris, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 17 years remaining. 85 transactions are on record since 1995, at a median S$217 psf, most recently in Sept 2026. 42 units are currently listed for sale or rent. ACRA records 166 live company registrations at this address.

The facts are here — now get the verdict on Loyang Enterprise Building.

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What are the key facts about Loyang Enterprise Building?

Key takeawayLoyang Enterprise Building is a industrial building in District 17 · Pasir Ris, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 17 · Pasir Ris
Address: 56 Loyang Way
Land area: 20,632 sqm
Completed: 2016 (JTC industrial completions)
Storeys: 5 (© OpenStreetMap contributors)
Developer: OKH Global Ltd (JTC industrial completions)
Strata units (MCST): 102
Managing agent: EXCELTEC PROPERTY MANAGEMENT PTE LTD
Strata formed: 2018 (MCST 4525)
Estate (JTC): Loyang Industrial Estate
Units with a recorded sale: At least 65
Listed as: Factory / Workshop (B2), Food & Beverage, Light Industrial (B1)
Transactions on record: 85 (records start 1995)
Live listings: 42
ACRA registrations: 166

About Loyang Enterprise Building

Loyang Enterprise Building is an industrial building in Pasir Ris (District 17). It is located along Loyang Way, Singapore 508775.

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 17 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 20,632 sqm of land with roughly 51,581 sqm of gross floor area.

84 transactions have been recorded here, at a median of S$218 psf. The most recent was in June 2026.

Across JTC's rental returns for Loyang Way, the median rent for industrial space on this street works out to about S$1.45 psf per month over 70 observations. Observed medians on the street span S$0.17 to S$2.18 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 24,980 sqm of gross floor area, the earliest due around 2027.

The nearest port or airport land is about 874 m away. The closest business-park zone is about 4.1 km away. The closest bus stop (Composite Tech) is 108 m away (about a 2-minute walk).

187 businesses are currently registered at this address with ACRA.

What is Loyang Enterprise Building zoned as?

Key takeawayLoyang Enterprise Building 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 →

What has Loyang Enterprise Building sold for?

Key takeawayAcross 85 recorded transactions since 1995, the median price is about S$1.30M, most recently in Sept 2026.

Date	Use	Price	Area	PSF
Sept 2026	Multiple-user Factory	S$1.22M	6,265 sqft	$195
Jun 2026	Multiple-user Factory	S$2.56M	19,612 sqft	$131
May 2026	Multiple-user Factory	S$2.80M	18,546 sqft	$151
Mar 2026	Multiple-user Factory	S$859k	4,252 sqft	$202
Sept 2025	Multiple-user Factory	S$870k	4,252 sqft	$205
Jul 2025	Multiple-user Factory	S$2.05M	8,493 sqft	$241
May 2025	Multiple-user Factory	S$2.41M	18,589 sqft	$130
May 2025	Multiple-user Factory	S$2.03M	8,278 sqft	$246
Mar 2025	Multiple-user Factory	S$1.52M	6,168 sqft	$246
Dec 2024	Multiple-user Factory	S$895k	4,252 sqft	$211

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

What does space at Loyang Enterprise Building rent for?

Key takeawayJTC publishes leases at Loyang Enterprise Building itself: strata factory space leased at a median of $2.17 psf a month in 2026Q3, with the middle half of leases between $2.13 and $2.29. That is the building's figure across its leases, and never a quote for a particular unit.

Strata factory space in this building

This building · 2026Q3

25th pct

$2.13

$22.88 psm

Median

$2.17

$23.32 psm

75th pct

$2.29

$24.62 psm

S$ per sq ft per month · median +3.6% on a year earlier

2023Q1 · $18.64 psm2026Q3 · $23.32 psm median

JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.

Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.

Strata factory space on Loyang Way

Street level · 2026Q3

25th pct

—

— psm

Median

$2.08

$22.44 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +22.6% on a year earlier

2023Q4 · $18.47 psm2026Q3 · $22.44 psm median

This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.

Source: JTC J-SPACE, rental of industrial space by street.

Market context around Loyang Enterprise Building

Key takeawayBrokers' industrial figures for Singapore as a whole — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Factory (ground floor): Rent S$1.81 psf/mth
Factory (upper floor): Rent S$1.41 psf/mth
Prime logistics: Rent S$1.87 psf/mth · Capital value S$245 psf · Net yield 6.5%
Warehouse (ground floor): Rent S$1.91 psf/mth
Warehouse (upper floor): Rent S$1.39 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026 (island-wide)

Factory - Ground Floor: Rent S$1.79 psf/mth
Factory - Upper Floor: Rent S$1.57 psf/mth
High-Tech: Rent S$3.56 psf/mth
Prime Logistics - Ground Floor: Rent S$1.92 psf/mth
Prime Logistics - Upper Floor: Rent S$1.74 psf/mth
Warehouse - Ground Floor: Rent S$1.81 psf/mth
Warehouse - Upper Floor: Rent S$1.49 psf/mth

Singapore Industrial MarketBeat Q2 2026

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.

How fast units move at Loyang Enterprise Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 15 units for rent; 27 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 3 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 5 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Loyang Enterprise Building?

Key takeawayURA's planning decisions at Loyang Enterprise Building since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

28 Aug 2023RenewedFloor 1
Continued use as industrial canteen
Continued use of unit #01-XX (1st storey & mezzanine) as industrial canteen
14 Mar 2016Renewed
Change of use
Proposed extension of written permission for erection of a 6-storey (each with a mezzanine floor) multi-user ramp-up general industrial (b2) development (total :101 factory units) and an ancillary staff canteen (temporary) on lot 4877m mk 31 at loyang way (pasir ris planning area).

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

How does Loyang Way price?

Key takeawayLoyang Way's current JTC street rent is S$22.44 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 12.1% (10.9% net of property tax).

Strata sales on the street (5y)

Street median PSF (strata)

$204

Indicative street yield

12.1% gross

10.9% 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.

What is available at Loyang Enterprise Building right now?

Key takeaway42 units are currently listed at Loyang Enterprise Building — 27 for sale and 15 for rent. One row per unit; several agents often market the same unit.

For sale (27)

Loyang Enterprise BuildingS$2.89M · 19,612 sqft
Loyang Enterprise BuildingS$2.20M · 11,453 sqft
Loyang Enterprise BuildingS$3.20M · 10,712 sqft
Loyang Enterprise BuildingS$915k · 3,100 sqft

For rent (15)

Loyang Enterprise BuildingS$7k/mo · 3,100 sqft
Loyang Enterprise BuildingS$8k/mo · 3,100 sqft
Loyang Enterprise BuildingS$3k/mo · 2,900 sqft
Loyang Enterprise BuildingS$22k/mo · 11,929 sqft

Browse every listing at this building →

What is near Loyang Enterprise Building?

Amenities nearby

Composite Tech · 108 mLoyang Medical Centre · 604 mPort / Airport · 874 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Loyang Enterprise Building

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Pasir Ris, 2.3 km away. One public car park is within 500 m.

Foot traffic: busier than 31% of industrial buildings

no MRT/LRT within 1 km (nearest Pasir Ris, 2.3 km); bus stops within 400 m: 8, about 1,879 taps a weekday; Pasir Ris: 23,751 resident workers (Census 2020, by workplace); about 1,050 residents within 1 km (June 2026). Ranked against 8,225 industrial buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.

Bus

8 bus stops within 400 m, with 1,879 boardings and alightings on an average weekday.

Public car parks within 500 m

Loyang Way (URA)356 m
S$0.60 per half-hour at midday on a weekday · 37 car lots

Nearest URA season parking: Pasir Ris Park Car Par K E Off St, 3.7 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Loyang Enterprise Building's own car park, if it has one, and its charges are not in the open data.

Who's registered at Loyang Enterprise Building?

Key takeaway166 live companies (and LLPs and branches; sole proprietors are not counted) list Loyang Enterprise Building as their registered address. These are registered businesses, not who occupies the space.

Construction
38
Manufacturing
36
Wholesale and retail trade
24
Transportation and storage
18
Professional, scientific and technical services
12
Accommodation and food services
11
Other services
10
Administrative and support services
6
Information and communications
4
Real estate
3

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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$15.62 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$15.62 psm/mo
Observed range: S$1.88 – S$23.47
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.

Frequently asked questions about Loyang Enterprise Building

Where is Loyang Enterprise Building?⌄

Loyang Enterprise Building is at 56 Loyang Way, Singapore 508775, in the Pasir Ris planning area.

What is Loyang Enterprise Building zoned as?⌄

Loyang Enterprise Building 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 Loyang Enterprise Building?⌄

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 Loyang Enterprise Building?⌄

Loyang Enterprise Building is leasehold. About 17 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Loyang Enterprise Building sold for?⌄

Across 84 recorded transactions, the median is S$218 psf. The latest was in June 2026.

What does industrial space near Loyang Enterprise Building rent for?⌄

JTC's rental returns for Loyang Way put the median at about S$1.45 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Loyang Way, not a rent quoted for Loyang Enterprise Building itself.

How many businesses are registered at Loyang Enterprise Building?⌄

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

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Read the figures right

Completion year: the first quarter JTC records a TOP (Temporary Occupation Permit) at this address. JTC lists major industrial projects (7,000 sqm and up) from 2013; where an older building stood on the site, this is the current building's year.

Developer: as named on JTC's completion record, often the project company rather than the listed group.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from JTC industrial completions, BCA's MCST register, JTC estate boundaries, URA car park data (URA Data Service), PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.