IndustrialBUSINESS 1FreeholdDistrict 14 · Geylang

Paya Lebar 178

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2026
Quick Summary

Paya Lebar 178 is a industrial building in District 14 · Geylang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 98 transactions are on record since 1995, at a median S$594 psf, most recently in Jul 2026. 34 units are currently listed for sale or rent. ACRA records 129 live company registrations at this address.

1

What are the key facts about Paya Lebar 178?

Key takeawayPaya Lebar 178 is a industrial building in District 14 · Geylang, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 14 · Geylang
Address
178 Paya Lebar Road
Land area
6,328 sqm
Completed
2004 (per EdgeProp listings)
Storeys
6 (© OpenStreetMap contributors)
Strata units (MCST)
77
Managing agent
SMART PROPERTY MANAGEMENT (SINGAPORE) PTE LTD
Strata formed
2004 (MCST 2863)
Units with a recorded sale
At least 61
Listed as
Light Industrial (B1)
Transactions on record
98 (records start 1995)
Live listings
34
ACRA registrations
129
2

About Paya Lebar 178

Paya Lebar 178 is an industrial building in Geylang (District 14). It is located along Paya Lebar Road, Singapore 409030.

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 freehold. It sits on about 6,328 sqm of land with roughly 15,821 sqm of gross floor area.

98 transactions have been recorded here, at a median of S$594 psf. The most recent was in July 2026.

Across JTC's rental returns for Paya Lebar Road, the median rent for industrial space on this street works out to about S$2.03 psf per month over 106 observations. Observed medians on the street span S$0.82 to S$3.35 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 7.0 km away. The closest business-park zone is about 1.1 km away. The nearest MRT is Macpherson MRT, 417 m away (about a 6-minute walk). The closest bus stop (Opp Traffic Police) is 124 m away (about a 2-minute walk).

139 businesses are currently registered at this address with ACRA.

3

What is Paya Lebar 178 zoned as?

Key takeawayPaya Lebar 178 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 Paya Lebar 178 sold for?

Key takeawayAcross 98 recorded transactions since 1995, the median price is about S$1.19M, most recently in Jul 2026.
DateUsePriceAreaPSF
Jul 2026Multiple-user FactoryS$2.12M1,410 sqft$1,500
Oct 2025Multiple-user FactoryS$1.80M1,399 sqft$1,286
Feb 2025Multiple-user FactoryS$1.83M1,410 sqft$1,300
Dec 2024Multiple-user FactoryS$1.75M1,410 sqft$1,241
Dec 2024Multiple-user FactoryS$2.02M1,593 sqft$1,270
Jun 2024Multiple-user FactoryS$4.90M3,251 sqft$1,507
May 2024Multiple-user FactoryS$4.08M3,143 sqft$1,298
Mar 2024Multiple-user FactoryS$2.88M2,282 sqft$1,260
Jan 2024Multiple-user FactoryS$2.68M2,142 sqft$1,250
Apr 2023Multiple-user FactoryS$1.65M1,410 sqft$1,170

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 Paya Lebar 178 rent for?

Key takeawayJTC publishes leases at Paya Lebar 178 itself: strata factory space leased at a median of $3.05 psf a month in 2025Q2, with the middle half of leases between $2.40 and $3.07. 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 · 2025Q2
25th pct
$2.40
$25.83 psm
Median
$3.05
$32.79 psm
75th pct
$3.07
$33.06 psm

S$ per sq ft per month

2020Q2 · $26.97 psm2025Q2 · $32.79 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 Paya Lebar Road

Street level · 2026Q3
25th pct
—
— psm
Median
$3.30
$35.52 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median -1.4% on a year earlier

2023Q4 · $30.47 psm2026Q3 · $35.52 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 Paya Lebar 178

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 Paya Lebar 178

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 9 units for rent; 25 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing 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, 6 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 Paya Lebar 178?

Key takeawayURA has approved 5 changes of use at Paya Lebar 178 since 2000, most recently in 2024. 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. 14 Jan 2025ApprovedFloors 1, 2
    Additions & alterations

    Proposed addition & alterations and change of use of #01-XX and #02-XX to light industrial use at existing 7 storey multi-user light industrial building

  2. 30 Aug 2024ApprovedFloor 3
    Change of use to industrial training

    Change of use of the 3rd storey factory unit #03-XX to industrial training

  3. 8 Nov 2023RenewedFloors 1, 2
    Continued use as industrial canteen

    Continued use of the 1st storey factory unit #01-XX and 2nd storey factory unit #02-XX as industrial canteen

  4. 19 Nov 2020ApprovedFloors 1, 2
    Change of use to industrial canteen

    Change of use of the 1st storey factory unit #01-XX and 2nd storey factory unit #02-XX to industrial canteen

  5. 12 Dec 2019ApprovedFloor 3
    Change of use to industrial canteen

    Change of use of factory unit #03-XX to industrial canteen

  6. 30 Aug 2016ApprovedFloor 1
    Change of use to industrial canteen

    Proposed change of use of warehouse unit #01-XX to industrial canteen

  7. 1 Dec 2015RenewedFloor 7
    Continued use as industrial canteen

    Continued use of factory unit #07-XX as industrial canteen

  8. 1 Jul 2011ApprovedFloor 7
    Change of use to ancillary staff canteen

    Change of use of factory unit #07-XX to ancillary staff canteen

  9. 7 May 2010ApprovedFloors 1, 2
    Additions & alterations

    Prop addition of an internal steel staircase from ancillary showroom unit #01-XX to light industrial unit #02-XX of 7 sty multi user light industrial bldg ...

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 Paya Lebar Road price?

Key takeawayPaya Lebar Road's current JTC street rent is S$35.52 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 2.9% (2.6% net of property tax).
Strata sales on the street (5y)
75
Street median PSF (strata)
$1,338
Indicative street yield
2.9% gross
2.6% 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 available at Paya Lebar 178 right now?

Key takeaway34 units are currently listed at Paya Lebar 178 — 25 for sale and 9 for rent. One row per unit; several agents often market the same unit.

For sale (25)

  • 178 Paya Lebar RoadS$2.61M · 1,399 sqft
  • Paya Lebar 178S$5.19M · 3,089 sqft
  • Paya Lebar 178S$2.84M · 1,690 sqft
  • Paya Lebar 178S$2.35M · 1,690 sqft

For rent (9)

  • Paya Lebar 178S$6k/mo · 1,690 sqft
  • Paya Lebar 178S$6k/mo · 2,000 sqft
  • Paya Lebar 178S$6k/mo · 2,000 sqft
  • Paya Lebar 1782 agentsS$12k/mo · 3,143 sqft

Browse every listing at this building →

11

What is near Paya Lebar 178?

Key takeawayThe nearest MRT/LRT is Macpherson MRT, about 417 m away.

Getting around

Amenities nearby

Opp Traffic Police · 124 mEducational Institution · 194 mMacpherson MRT Exit A · 354 mLifecare Medical Centre · 382 mBlk 80 Circuit Road · 413 mBusiness Park · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at Paya Lebar 178

Key takeawayThe nearest station is MacPherson (CC10 / DT26), 353 m away — a moderately busy station, with about 39,000 taps in and out on an average weekday. 14 public car parks are within 500 m.
Foot traffic: busier than 98% of industrial buildings

nearest MRT/LRT MacPherson (CC10/DT26) 353 m, about 39,000 taps a weekday; 3 more stations within 1 km; bus stops within 400 m: 10, about 17,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 41,000 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

  • MacPherson (CC10 / DT26)353 m · about 39,000 weekday taps
  • Tai Seng (CC11)579 m · about 45,000 weekday taps
  • Mattar (DT25)813 m · 9,848 weekday taps
  • Ubi (DT27)928 m · about 22,000 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 Paya Lebar 178. Transfers between lines don't tap, so interchanges read low.

Bus

10 bus stops within 400 m, with about 17,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 17 Circuit Road (HDB)185 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m
  • Ubi Rd 1 (URA)230 m
    S$0.60 per half-hour at midday on a weekday · 26 car lots
  • Blk 22/34/36 Circuit Road (HDB)300 m
    S$0.60 per half-hour at midday on a weekday · 519 car lots
  • Blk 96 Circuit Road (HDB)310 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 739 car lots
  • Blk 3004-3007,3014,3015 Ubi Road 1 (JTC)353 m

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Kampong Ampat Industri Al Estate, 799 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Paya Lebar 178's own car park, if it has one, and its charges are not in the open data.

13

Who's registered at Paya Lebar 178?

Key takeaway129 live companies (and LLPs and branches; sole proprietors are not counted) list Paya Lebar 178 as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    44
  • Information and communications
    20
  • Financial and insurance
    16
  • Professional, scientific and technical services
    14
  • Manufacturing
    6
  • Construction
    6
  • Real estate
    6
  • Accommodation and food services
    5
  • Administrative and support services
    3
  • Transportation and storage
    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.

14

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$21.84 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$21.84 psm/mo
Observed range
S$8.80 – S$36.10

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.

15

Frequently asked questions about Paya Lebar 178

Where is Paya Lebar 178?⌄

Paya Lebar 178 is at 178 Paya Lebar Road, Singapore 409030, in the Geylang planning area.

What is Paya Lebar 178 zoned as?⌄

Paya Lebar 178 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 Paya Lebar 178?⌄

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 Paya Lebar 178?⌄

Paya Lebar 178 is freehold.

What have units at Paya Lebar 178 sold for?⌄

Across 98 recorded transactions, the median is S$594 psf. The latest was in July 2026.

What does industrial space near Paya Lebar 178 rent for?⌄

JTC's rental returns for Paya Lebar Road put the median at about S$2.03 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Paya Lebar Road, not a rent quoted for Paya Lebar 178 itself.

What is the nearest MRT station to Paya Lebar 178?⌄

Macpherson MRT is the closest, 417 m away (about a 6-minute walk).

How many businesses are registered at Paya Lebar 178?⌄

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

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