Nova Building
Nova Building is a industrial building in District 13 · Geylang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 22 years remaining. 3 transactions are on record since 1995, most recently in Sept 2013. ACRA records 22 live company registrations at this address.
What are the key facts about Nova Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 13 · Geylang
- Address
- 12 Kallang Way
- Land area
- 4,763 sqm
- Transactions on record
- 3 (records start 1995)
- Live listings
- None
- ACRA registrations
- 22
About Nova Building
Nova Building is an industrial building in Geylang (District 13). It is located along Kallang Way, Singapore 349216.
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 22 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 4,763 sqm of land with roughly 11,906 sqm of gross floor area.
3 transactions have been recorded here, at a median of S$392 psf. The most recent was in September 2013.
Across JTC's rental returns for Kallang Way, the median rent for industrial space on this street works out to about S$1.71 psf per month over 66 observations. Observed medians on the street span S$1.31 to S$4.35 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 111,150 sqm of gross floor area, the earliest due around 2028.
The nearest port or airport land is about 6.0 km away. The closest business-park zone is about 2.0 km away. The nearest MRT is Mattar MRT, 614 m away (about a 10-minute walk). The closest bus stop (Aft Genting Lane) is 34 m away (about a 0-minute walk).
22 businesses are currently registered at this address with ACRA.
What is Nova Building zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has Nova Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Sept 2013 | Single-user Factory | S$21.00M | 51,265 sqft | $410 |
| Jun 2009 | Single-user Factory | S$7.20M | 51,265 sqft | $140 |
| Sept 1996 | Single-user Factory | S$20.10M | 51,265 sqft | $392 |
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 near Nova Building?
Getting around
- Mattar MRT614 m · ~10 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Nova Building?
- Live registrations
- 22
- Registered last 3 years
- 11
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$18.41 psm/mo
- Observed range
- S$14.10 – S$46.82
- Pipeline on this street
- 1 project · earliest TOP 2028
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 Nova Building
Where is Nova Building?⌄
Nova Building is at 12 Kallang Way, Singapore 349216, in the Geylang planning area.
What is Nova Building zoned as?⌄
Nova Building 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 Nova Building?⌄
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 Nova Building?⌄
Nova Building is leasehold. About 22 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at Nova Building sold for?⌄
Across 3 recorded transactions, the median is S$392 psf. The latest was in September 2013.
What does industrial space near Nova Building rent for?⌄
JTC's rental returns for Kallang Way put the median at about S$1.71 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Kallang Way, not a rent quoted for Nova Building itself.
What is the nearest MRT station to Nova Building?⌄
Mattar MRT is the closest, 614 m away (about a 10-minute walk).
How many businesses are registered at Nova Building?⌄
22 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 Nova 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.