IndustrialBUSINESS 1FreeholdDistrict 13 · Geylang

Perfect One

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2026

Quick Summary

Perfect One 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 freehold. 22 transactions are on record since 1995, at a median S$525 psf, most recently in Sept 2026. 4 units are currently listed for rent. ACRA records 66 live company registrations at this address.

The facts are here — now get the verdict on Perfect One.

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What are the key facts about Perfect One?

Key takeawayPerfect One is a industrial building in District 13 · Geylang, zoned BUSINESS 1, held freehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Freehold
District / Area: District 13 · Geylang
Address: 1 Genting Link
Land area: 4,782 sqm
Completed: Not on record
Storeys: 8 (© OpenStreetMap contributors)
Strata units (MCST): 47
Managing agent: NEWMAN SRE PTE LTD
Strata formed: 1985 (MCST 1019)
Units with a recorded sale: At least 18
Listed as: Light Industrial (B1), Warehouse, Office
Transactions on record: 22 (records start 1995)
Live listings: 4
ACRA registrations: 66

About Perfect One

Perfect One is an industrial building in Geylang (District 13). It is located along Genting Link, Singapore 349518.

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 4,782 sqm of land with roughly 11,956 sqm of gross floor area.

21 transactions have been recorded here, at a median of S$510 psf. The most recent was in June 2026.

Across JTC's rental returns for Genting Link, the median rent for industrial space on this street works out to about S$1.69 psf per month over 77 observations. Observed medians on the street span S$0.80 to S$2.36 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 6.4 km away. The closest business-park zone is about 1.9 km away. The nearest MRT is Potong Pasir MRT, 616 m away (about a 10-minute walk). The closest bus stop (Bef Genting Lk) is 46 m away (about a 1-minute walk).

70 businesses are currently registered at this address with ACRA.

What is Perfect One zoned as?

Key takeawayPerfect One 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 →

What has Perfect One sold for?

Key takeawayAcross 22 recorded transactions since 1995, the median price is about S$1.16M, most recently in Sept 2026.

Date	Use	Price	Area	PSF
Sept 2026	Multiple-user Factory	S$1.58M	1,281 sqft	$1,233
Jun 2026	Warehouse	S$1.16M	1,335 sqft	$870
Mar 2025	Multiple-user Factory	S$1.16M	1,335 sqft	$870
Oct 2023	Multiple-user Factory	S$3.29M	3,929 sqft	$837
Oct 2022	Multiple-user Factory	S$2.74M	3,929 sqft	$697
Jul 2021	Multiple-user Factory	S$1.12M	1,270 sqft	$882
Dec 2016	Warehouse	S$2.20M	2,530 sqft	$870
Jan 2016	Multiple-user Factory	S$780k	1,335 sqft	$584
Oct 2015	Multiple-user Factory	S$850k	1,335 sqft	$637
Oct 2015	Multiple-user Factory	S$2.54M	3,950 sqft	$643

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

What does space at Perfect One rent for?

Key takeawayJTC publishes leases at Perfect One itself: strata factory space leased at a median of $2.19 psf a month in 2026Q3, with the middle half of leases between $1.98 and $2.35. 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 · 2026Q3

25th pct

$1.98

$21.26 psm

Median

$2.19

$23.53 psm

75th pct

$2.35

$25.27 psm

S$ per sq ft per month · median +15.1% on a year earlier

2019Q1 · $19.94 psm2026Q3 · $23.53 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 Genting Link

Street level · 2026Q3

25th pct

—

— psm

Median

$1.90

$20.45 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median -0.1% on a year earlier

2023Q3 · $20.48 psm2026Q3 · $20.45 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.

Market context around Perfect One

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.

How fast units move at Perfect One

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 4 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 5 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.

What's been approved at Perfect One?

Key takeawayURA has approved 1 change of use at Perfect One since 2000, most recently in 2019. 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.

9 Sept 2019ApprovedFloor 1
Change of use to industrial canteen
Change of use of the 1st storey unit #01-XX to industrial canteen

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).

How does Genting Link price?

Strata sales on the street (5y)

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

What is available at Perfect One right now?

Key takeaway4 units are currently listed at Perfect One. One row per unit; several agents often market the same unit.

For rent (4)

Perfect One Industrial BuildingS$8k/mo · 4,000 sqft
Perfect One6 agentsS$6k/mo · 2,885 sqft
Perfect One8 agentsS$3k/mo · 1,335 sqft
Perfect One2 agentsS$800/mo · 185 sqft

Browse every listing at this building →

What is near Perfect One?

Key takeawayThe nearest MRT/LRT is Potong Pasir MRT, about 616 m away.

Getting around

Potong Pasir MRT616 m · ~10 min

Amenities nearby

Bef Genting Lk · 46 mRuby Medical Centre · 307 mEducational Institution · 541 mPotong Pasir MRT Exit B · 576 mBlk 69 Geylang Bahru · 907 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Perfect One

Key takeawayThe nearest station is Potong Pasir (NE10), 576 m away — a moderately busy station, with about 35,000 taps in and out on an average weekday. 13 public car parks are within 500 m; the cheapest URA season parking nearby is S$80 a month.

Foot traffic: busier than 93% of industrial buildings

nearest MRT/LRT Potong Pasir (NE10) 576 m, about 35,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 8, about 14,000 taps a weekday; Geylang: 116,481 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

Potong Pasir (NE10)576 m · about 35,000 weekday taps
Geylang Bahru (DT24)829 m · about 12,000 weekday taps
Mattar (DT25)998 m · 9,848 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 Perfect One. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with about 14,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Genting Link (URA)48 m
S$0.60 per half-hour at midday on a weekday · 2 car lots
Lor Pendek (URA)125 m
S$0.60 per half-hour at midday on a weekday · 4 car lots
Service Rd (Macpherson Rd) (URA)126 m
S$0.60 per half-hour at midday on a weekday · season S$90/month · 23 car lots
Genting Rd (URA)132 m
S$0.60 per half-hour at midday on a weekday · 20 car lots
Lor Bakar Batu (URA)178 m
S$0.60 per half-hour at midday on a weekday · 50 car lots

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

Who's registered at Perfect One?

Key takeaway66 live companies (and LLPs and branches; sole proprietors are not counted) list Perfect One as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
23
Professional, scientific and technical services
8
Construction
6
Transportation and storage
6
Financial and insurance
5
Information and communications
5
Manufacturing
4
Real estate
3
Accommodation and food services
3
Administrative and support 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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$18.20 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$18.20 psm/mo
Observed range: S$8.56 – S$25.39

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 Perfect One

Where is Perfect One?⌄

Perfect One is at 1 Genting Link, Singapore 349518, in the Geylang planning area.

What is Perfect One zoned as?⌄

Perfect One 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 Perfect One?⌄

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 Perfect One?⌄

Perfect One is freehold.

What have units at Perfect One sold for?⌄

Across 21 recorded transactions, the median is S$510 psf. The latest was in June 2026.

What does industrial space near Perfect One rent for?⌄

JTC's rental returns for Genting Link put the median at about S$1.69 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Genting Link, not a rent quoted for Perfect One itself.

What is the nearest MRT station to Perfect One?⌄

Potong Pasir MRT is the closest, 616 m away (about a 10-minute walk).

How many businesses are registered at Perfect One?⌄

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

For agents · in the PropKaki app

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from BCA's MCST register, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.