Luxasia Building
Luxasia Building is a industrial building in District 19 · Hougang, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 11 years remaining. 1 transaction is on record since 1995, most recently in May 2020. 3 units are currently listed for rent. ACRA records 43 live company registrations at this address.
What are the key facts about Luxasia Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 19 · Hougang
- Address
- 12 Tai Seng Street
- Land area
- 4,150 sqm
- Transactions on record
- 1 (records start 1995)
- Live listings
- 3
- ACRA registrations
- 43
About Luxasia Building
Luxasia Building is an industrial building in Hougang (District 19). It is located along Tai Seng Street, Singapore 534118.
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 11 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 4,150 sqm of land with roughly 10,186 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$772 psf. The most recent was in May 2020.
Across JTC's rental returns for Tai Seng Street, the median rent for industrial space on this street works out to about S$3.11 psf per month over 18 observations. Observed medians on the street span S$2.00 to S$4.35 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 7.8 km away. The closest business-park zone is about 246 m away. The nearest MRT is Tai Seng MRT, 288 m away (about a 4-minute walk). The closest bus stop (Opp Asiawide Ind Bldg) is 64 m away (about a 1-minute walk).
43 businesses are currently registered at this address with ACRA.
What is Luxasia Building zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
What has Luxasia Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| May 2020 | Single-user Factory | S$66.09M | 85,578 sqft | $772 |
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.
What is available at Luxasia Building right now?
For rent (3)
- Ground Floor, 5mins To Taiseng Mrt, City Fringe LocationS$19k/mo · 5,240 sqft
- Luxasia Building2 agentsS$10k/mo · 2,448 sqft
- Tai Seng AvenueS$90k/mo · 20,000 sqft
What is near Luxasia Building?
Getting around
- Tai Seng MRT288 m · ~5 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Luxasia Building?
- Live registrations
- 43
- Registered last 3 years
- 0
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$33.47 psm/mo
- Observed range
- S$21.53 – S$46.82
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 Luxasia Building
Where is Luxasia Building?⌄
Luxasia Building is at 12 Tai Seng Street, Singapore 534118, in the Hougang planning area.
What is Luxasia Building zoned as?⌄
Luxasia 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 Luxasia 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 Luxasia Building?⌄
Luxasia Building is leasehold. About 11 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at Luxasia Building sold for?⌄
Across 1 recorded transaction, the median is S$772 psf. The latest was in May 2020.
What does industrial space near Luxasia Building rent for?⌄
JTC's rental returns for Tai Seng Street put the median at about S$3.11 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Tai Seng Street, not a rent quoted for Luxasia Building itself.
What is the nearest MRT station to Luxasia Building?⌄
Tai Seng MRT is the closest, 288 m away (about a 4-minute walk).
How many businesses are registered at Luxasia Building?⌄
43 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 Luxasia 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.