IndustrialBUSINESS 1FreeholdDistrict 19 · Hougang

Pei Fu Industrial Building

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Pei Fu Industrial Building is a industrial building in District 19 · Hougang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. ACRA records 178 live company registrations at this address.

1

What are the key facts about Pei Fu Industrial Building?

Key takeawayPei Fu Industrial Building is a industrial building in District 19 · Hougang, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 19 · Hougang
Address
—
Land area
5,694 sqm
Completed
Not on record
Storeys
8 (© OpenStreetMap contributors)
Transactions on record
None recorded
Live listings
None
ACRA registrations
178

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About Pei Fu Industrial Building

Pei Fu Industrial Building is an industrial building in Hougang (District 19). It is located along New Industrial Road, Singapore 536210.

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 5,694 sqm of land with roughly 14,480 sqm of gross floor area.

Across JTC's rental returns for New Industrial Road, the median rent for industrial space on this street works out to about S$2.03 psf per month over 104 observations. Observed medians on the street span S$0.88 to S$2.86 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

2 industrial projects are still uncompleted on this street, adding about 15,440 sqm of gross floor area, the earliest due around 2028.

The nearest port or airport land is about 7.2 km away. The closest business-park zone is about 333 m away. The nearest MRT is Bartley MRT, 746 m away (about a 12-minute walk). The closest bus stop (Blk 181) is 246 m away (about a 4-minute walk).

193 businesses are currently registered at this address with ACRA.

3

What is Pei Fu Industrial Building zoned as?

Key takeawayPei Fu Industrial Building 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 does space at Pei Fu Industrial Building rent for?

Key takeawayNo rent is published for Pei Fu Industrial Building itself. On its street, New Industrial Road, strata factory space rented at a median of $2.84 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 New Industrial Road

Street level · 2026Q3
25th pct
—
— psm
Median
$2.84
$30.60 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +4.2% on a year earlier

2023Q4 · $23.43 psm2026Q3 · $30.60 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.

5

Market context around Pei Fu Industrial Building

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.

6

What's been approved at Pei Fu Industrial Building?

Key takeawayURA has approved 6 changes of use at Pei Fu Industrial Building since 2000, most recently in 2025. 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. 19 Mar 2025ApprovedFloor 2
    Change of use to food manufacturing

    Proposed change of use of unit #02-XX to food manufacturing (pet food)

  2. 8 Mar 2024ApprovedFloor 5
    Change of use to warehouse

    Proposed change of use of unit #05-XX to warehouse

  3. 22 Aug 2023ApprovedFloor 5
    Change of use to central kitchen

    Proposed change of use of unit #05-XX to central kitchen

  4. 3 Aug 2023ApprovedFloor 1
    Change of use to industrial canteen

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

  5. 4 Apr 2023ApprovedFloor 1
    Change of use to industrial canteen

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

  6. 15 Dec 2000ApprovedFloor 1
    Change of use to warehouse with ancillary office and packing room

    Change of use of the approved warehouse unit #01-XX to warehouse with ancillary office and packing room

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).

7

How does New Industrial Road price?

Key takeawayNew Industrial Road's current JTC street rent is S$30.60 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 4.6% (4.1% net of property tax).
Strata sales on the street (5y)
82
Street median PSF (strata)
$723
Indicative street yield
4.6% gross
4.1% 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.

8

What is near Pei Fu Industrial Building?

Key takeawayThe nearest MRT/LRT is Bartley MRT, about 746 m away.

Getting around

Amenities nearby

Educational Institution · 43 mBlk 181 · 246 mBusiness Park · 333 mKensington Square Medical Clinic And Surgery · 466 mBartley MRT Exit A · 746 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at Pei Fu Industrial Building

Key takeawayThe nearest station is Bartley (CC12), 746 m away — a moderately busy station, with about 19,000 taps in and out on an average weekday. 5 public car parks are within 500 m.
Foot traffic: busier than 72% of industrial buildings

nearest MRT/LRT Bartley (CC12) 746 m, about 19,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 3, about 2,486 taps a weekday; Hougang: 43,772 resident workers (Census 2020, by workplace); about 28,000 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

  • Bartley (CC12)746 m · about 19,000 weekday taps
  • Tai Seng (CC11)937 m · about 45,000 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 Pei Fu Industrial Building. Transfers between lines don't tap, so interchanges read low.

Bus

3 bus stops within 400 m, with 2,486 boardings and alightings on an average weekday.

Public car parks within 500 m

  • New Industrial Rd (URA)170 m
    S$0.60 per half-hour at midday on a weekday · 10 car lots
  • Blk 182 Hougang Street 13 (HDB)339 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 279 car lots
  • Blk 178A To 178B Hougang Street 12 (HDB)403 m
    no short-term parking · 4 car lots
  • Kim Chuan Rd (URA)426 m
    S$0.60 per half-hour at midday on a weekday · 25 car lots
  • Blk 180 Hougang Street 12 (HDB)441 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 319 car lots

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, 1.1 km away, S$90/month.

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

10

Who's registered at Pei Fu Industrial Building?

Key takeaway178 live companies (and LLPs and branches; sole proprietors are not counted) list Pei Fu Industrial Building as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    69
  • Construction
    26
  • Professional, scientific and technical services
    25
  • Information and communications
    16
  • Administrative and support services
    13
  • Transportation and storage
    9
  • Manufacturing
    8
  • Financial and insurance
    6
  • Accommodation and food services
    2
  • Health and social services
    2

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.

11

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$21.86 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$21.86 psm/mo
Observed range
S$9.46 – S$30.78
Pipeline on this street
2 projects · 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.

12

Frequently asked questions about Pei Fu Industrial Building

Where is Pei Fu Industrial Building?⌄

Pei Fu Industrial Building is at New Industrial Road, Singapore 536210, in the Hougang planning area.

What is Pei Fu Industrial Building zoned as?⌄

Pei Fu Industrial 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 Pei Fu Industrial 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 Pei Fu Industrial Building?⌄

Pei Fu Industrial Building is freehold.

Have there been any recorded transactions at Pei Fu Industrial Building?⌄

No caveats have been lodged for Pei Fu Industrial Building in the records we track. That is common for single-owner industrial buildings, which never generate strata transactions.

What does industrial space near Pei Fu Industrial Building rent for?⌄

JTC's rental returns for New Industrial 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 New Industrial Road, not a rent quoted for Pei Fu Industrial Building itself.

What is the nearest MRT station to Pei Fu Industrial Building?⌄

Bartley MRT is the closest, 746 m away (about a 12-minute walk).

How many businesses are registered at Pei Fu Industrial Building?⌄

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

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