Noel Building
Noel Building is a industrial building in District 13 · Toa Payoh, on land zoned BUSINESS 1 - WHITE under the URA Master Plan with a gross plot ratio of 3.5. It is freehold. 25 transactions are on record since 1995, most recently in Apr 2015. 27 units are currently listed for sale or rent. ACRA records 12 live company registrations at this address.
What are the key facts about Noel Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1 - WHITE
- Gross plot ratio
- 3.5
- Tenure
- Freehold
- District / Area
- District 13 · Toa Payoh
- Address
- 50 Playfair Road
- Land area
- 2,489 sqm
- Transactions on record
- 25 (records start 1995)
- Live listings
- 27
- ACRA registrations
- 12
About Noel Building
Noel Building is an industrial building in Toa Payoh (District 13). It is located along Playfair Road, Singapore 367995.
Under the URA Master Plan the site is zoned Business 1 - White with a gross plot ratio of 3.5.
The site is freehold. It sits on about 2,489 sqm of land with roughly 8,711 sqm of gross floor area.
25 transactions have been recorded here, at a median of S$393 psf. The most recent was in April 2015.
Across JTC's rental returns for Playfair Road, the median rent for industrial space on this street works out to about S$1.73 psf per month over 105 observations. Observed medians on the street span S$0.80 to S$2.93 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.
4 industrial projects are still uncompleted on this street, adding about 14,460 sqm of gross floor area, the earliest due around 2027.
The nearest port or airport land is about 7.4 km away. The closest business-park zone is about 572 m away. The nearest MRT is Tai Seng MRT, 197 m away (about a 3-minute walk). The closest bus stop (Grantral Mall Macpherson) is 121 m away (about a 2-minute walk).
12 businesses are currently registered at this address with ACRA.
What is Noel Building zoned as?
- Land-use zone
- BUSINESS 1 - WHITE
- Gross plot ratio
- 3.5
What has Noel Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Apr 2015 | Warehouse | S$4.80M | 6,986 sqft | $687 |
| Oct 2012 | Multiple-user Factory | S$978k | 1,464 sqft | $668 |
| May 2012 | Multiple-user Factory | S$780k | 1,464 sqft | $533 |
| Oct 2011 | Multiple-user Factory | S$659k | 1,464 sqft | $450 |
| Aug 2011 | Multiple-user Factory | S$672k | 1,399 sqft | $480 |
| Apr 2011 | Multiple-user Factory | S$650k | 1,464 sqft | $444 |
| Sept 2010 | Multiple-user Factory | S$698k | 1,970 sqft | $354 |
| Jul 2010 | Multiple-user Factory | S$575k | 1,464 sqft | $393 |
| Apr 2008 | Multiple-user Factory | S$1.03M | 3,477 sqft | $296 |
| Jan 2007 | Multiple-user Factory | S$440k | 1,970 sqft | $223 |
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 Playfair 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 Noel Building right now?
For sale (24)
- Food point @ tai seng6 agentsS$3.16M · 1,679 sqft
- Foodpoint @ Tai Seng17 agentsS$3.04M · 1,700 sqft
- Food Point @ Tai Seng3 agentsS$3.21M · 1,700 sqft
- Food Point @ Tai SengS$2.99M · 1,700 sqft
For rent (3)
- Food Point @ Tai Seng2 agentsS$8k/mo · 1,700 sqft
- Food Point @ Tai Seng2 agentsS$8k/mo · 1,754 sqft
- Food Point @ Tai SengS$24k/mo · 12,685 sqft
What is near Noel Building?
Getting around
- Tai Seng MRT197 m · ~3 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Noel Building?
- Live registrations
- 12
- Registered last 3 years
- 2
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$18.61 psm/mo
- Observed range
- S$8.61 – S$31.58
- Pipeline on this street
- 4 projects · 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 Noel Building
Where is Noel Building?⌄
Noel Building is at 50 Playfair Road, Singapore 367995, in the Toa Payoh planning area.
What is Noel Building zoned as?⌄
Noel Building is zoned Business 1 - White under the URA Master Plan, with a gross plot ratio of 3.5.
What is the tenure of Noel Building?⌄
Noel Building is freehold.
What have units at Noel Building sold for?⌄
Across 25 recorded transactions, the median is S$393 psf. The latest was in April 2015.
What does industrial space near Noel Building rent for?⌄
JTC's rental returns for Playfair Road put the median at about S$1.73 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Playfair Road, not a rent quoted for Noel Building itself.
What is the nearest MRT station to Noel Building?⌄
Tai Seng MRT is the closest, 197 m away (about a 3-minute walk).
How many businesses are registered at Noel Building?⌄
12 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 Noel 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.