IndustrialBUSINESS 1LeaseholdDistrict 13 · Toa Payoh

Nobel Design House

Reviewed by Nathan TangUpdated 8 November 2026Data through Jan 2019
Quick Summary

Nobel Design House is a industrial building in District 13 · Toa Payoh, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 3 transactions are on record since 1995, most recently in Jan 2019. ACRA records 26 live company registrations at this address.

1

What are the key facts about Nobel Design House?

Key takeawayNobel Design House is a industrial building in District 13 · Toa Payoh, zoned BUSINESS 1, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 13 · Toa Payoh
Address
134 Joo Seng Road
Land area
2,838 sqm
Completed
Not on record
Storeys
6 (© OpenStreetMap contributors)
Estate (JTC)
Joo Seng Industrial Estate
Listed as
Light Industrial (B1)
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
26
2

About Nobel Design House

Nobel Design House is an industrial building in Toa Payoh (District 13). It is located along Joo Seng Road, Singapore 368359.

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 leasehold, with about 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 2,838 sqm of land with roughly 7,096 sqm of gross floor area.

3 transactions have been recorded here, at a median of S$360 psf. The most recent was in January 2019.

Across JTC's rental returns for Joo Seng Road, the median rent for industrial space on this street works out to about S$1.47 psf per month over 103 observations. Observed medians on the street span S$0.66 to S$2.21 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 7.6 km away. The closest business-park zone is about 387 m away. The nearest MRT is Tai Seng MRT, 602 m away (about a 9-minute walk). The closest bus stop (Aft Paya Lebar St) is 322 m away (about a 5-minute walk).

30 businesses are currently registered at this address with ACRA.

3

What is Nobel Design House zoned as?

Key takeawayNobel Design House sits on land zoned BUSINESS 1 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 1
Gross plot ratio
2.5

Run the full zoning report for this building →

4

What has Nobel Design House sold for?

Key takeaway3 transactions are on record since 1995, most recently in Jan 2019 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jan 2019Single-user FactoryS$11.00M30,555 sqft$360
Mar 2015Single-user FactoryS$13.50M30,555 sqft$442
Dec 2006Single-user FactoryS$10.68M30,555 sqft$350

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

5

What does space at Nobel Design House rent for?

Key takeawayNo rent is published for Nobel Design House itself. On its street, Joo Seng Road, strata factory space rented at a median of $1.95 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Joo Seng Road

Street level · 2026Q3
25th pct
—
— psm
Median
$1.95
$21.01 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +6.8% on a year earlier

2023Q4 · $22.07 psm2026Q3 · $21.01 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.

6

Market context around Nobel Design House

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.

7

How fast units move at Nobel Design House

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 0 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 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.

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

8

What's been approved at Nobel Design House?

Key takeawayURA's planning decisions at Nobel Design House 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.
  1. 16 Dec 2006Approved
    Additions & alterations

    Proposed additions and alterations to the existing 4-storey single user light industrial development (business 1) including addition of a 4-storey factory extension

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).

9

How does Joo Seng Road price?

Key takeawayJoo Seng Road's current JTC street rent is S$21.01 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 3.2% (2.9% net of property tax).
Strata sales on the street (5y)
20
Street median PSF (strata)
$733
Indicative street yield
3.2% gross
2.9% 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.

10

What is near Nobel Design House?

Key takeawayThe nearest MRT/LRT is Tai Seng MRT, about 602 m away.

Getting around

Amenities nearby

Educational Institution · 202 mLotus Medical Clinic · 301 mAft Paya Lebar St · 322 mBusiness Park · 387 mTai Seng MRT Exit A · 488 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Nobel Design House

Key takeawayThe nearest station is Tai Seng (CC11), 488 m away — a busy station, with about 45,000 taps in and out on an average weekday. 14 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 90% of industrial buildings

nearest MRT/LRT Tai Seng (CC11) 488 m, about 45,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 3, about 4,982 taps a weekday; Toa Payoh: 53,749 resident workers (Census 2020, by workplace); about 40,000 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.

Stations within 1 km

  • Tai Seng (CC11)488 m · about 45,000 weekday taps
  • Bartley (CC12)629 m · about 19,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Nobel Design House. Transfers between lines don't tap, so interchanges read low.

Bus

3 bus stops within 400 m, with 4,982 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Joo Seng Rd (URA)29 m
    S$0.60 per half-hour at midday on a weekday · 20 car lots
  • Shaw Rd (URA)153 m
    S$0.60 per half-hour at midday on a weekday · 15 car lots
  • Little Rd (URA)183 m
    S$0.60 per half-hour at midday on a weekday · 6 car lots
  • Harrison Rd (URA)282 m
    S$0.60 per half-hour at midday on a weekday · 4 car lots
  • Blk 12 To 18 Joo Seng Road (HDB)302 m
    S$0.60 per half-hour at midday on a weekday · gantry 5.4 m · 337 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

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

12

Who's registered at Nobel Design House?

Key takeaway26 live companies (and LLPs and branches; sole proprietors are not counted) list Nobel Design House as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    14
  • Professional, scientific and technical services
    8
  • Financial and insurance
    2
  • Administrative and support services
    1
  • Other services
    1
  • Manufacturing
    0
  • Construction
    0
  • Transportation and storage
    0
  • Real estate
    0

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.

13

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$15.87 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$15.87 psm/mo
Observed range
S$7.15 – S$23.81

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.

14

Frequently asked questions about Nobel Design House

Where is Nobel Design House?⌄

Nobel Design House is at 134 Joo Seng Road, Singapore 368359, in the Toa Payoh planning area.

What is Nobel Design House zoned as?⌄

Nobel Design House 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 Nobel Design House?⌄

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 Nobel Design House?⌄

Nobel Design House 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 Nobel Design House sold for?⌄

Across 3 recorded transactions, the median is S$360 psf. The latest was in January 2019.

What does industrial space near Nobel Design House rent for?⌄

JTC's rental returns for Joo Seng Road put the median at about S$1.47 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Joo Seng Road, not a rent quoted for Nobel Design House itself.

What is the nearest MRT station to Nobel Design House?⌄

Tai Seng MRT is the closest, 602 m away (about a 9-minute walk).

How many businesses are registered at Nobel Design House?⌄

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

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