IndustrialBUSINESS 1FreeholdDistrict 13 · Toa Payoh

Phoon Huat Industrial Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Apr 2012
Quick Summary

Phoon Huat Industrial Building is a industrial building in District 13 · Toa Payoh, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 1 transaction is on record since 1995, most recently in Apr 2012. 6 units are currently listed for rent. ACRA records 8 live company registrations at this address.

1

What are the key facts about Phoon Huat Industrial Building?

Key takeawayPhoon Huat Industrial Building is a industrial building in District 13 · Toa Payoh, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 13 · Toa Payoh
Address
37 Mactaggart Road
Land area
1,525 sqm
Completed
Not on record
Storeys
Not on record
Listed as
Light Industrial (B1), Factory / Workshop (B2)
Transactions on record
1 (records start 1995)
Live listings
6
ACRA registrations
8
2

About Phoon Huat Industrial Building

Phoon Huat Industrial Building is an industrial building in Toa Payoh (District 13). It is located along Mactaggart Road, Singapore 368083.

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 1,525 sqm of land with roughly 3,813 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$1,450 psf. The most recent was in April 2012.

Across JTC's rental returns for Mactaggart Road, the median rent for industrial space on this street works out to about S$1.74 psf per month over 102 observations. Observed medians on the street span S$1.00 to S$3.46 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 7.2 km away. The closest business-park zone is about 707 m away. The nearest MRT is Tai Seng MRT, 558 m away (about a 9-minute walk). The closest bus stop (Aft Jln Belangkas) is 190 m away (about a 3-minute walk).

8 businesses are currently registered at this address with ACRA.

3

What is Phoon Huat Industrial Building zoned as?

Key takeawayPhoon Huat 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 has Phoon Huat Industrial Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Apr 2012 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Apr 2012Single-user FactoryS$23.80M16,418 sqft$1,450

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 Phoon Huat Industrial Building rent for?

Key takeawayNo rent is published for Phoon Huat Industrial Building itself. On its street, Mactaggart Road, strata factory space rented at a median of $2.55 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 Mactaggart Road

Street level · 2026Q3
25th pct
—
— psm
Median
$2.55
$27.45 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +0% on a year earlier

2023Q4 · $25.83 psm2026Q3 · $27.45 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.

6

Market context around Phoon Huat 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.

7

How fast units move at Phoon Huat Industrial Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 6 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 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 Phoon Huat Industrial Building?

Key takeawayURA has approved 3 changes of use at Phoon Huat Industrial Building since 2000, most recently in 2015. 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. 24 Sept 2026RenewedFloor 3
    Continued use as bakery production

    Continued use of the 3rd storey single-user light industry factory (#03-XX) as bakery production

  2. 14 Mar 2024RenewedFloor 4
    Continued use as manufacturing of pastry and bakeries

    Continued use of the 4th storey single-user light industry factory (#04-XX) as manufacturing of pastry and bakeries

  3. 4 Jan 2024Renewed
    Continued use as bakery production

    Continued use of the 3rd storey single-user light industry factory (#03–01) as bakery production

  4. 11 Aug 2021RenewedFloor 4
    Continued use as manufacturing of pastry and bakeries

    Continued use of the 4th storey single-user light industry factory (#04-XX) as manufacturing of pastry and bakeries

  5. 29 Sept 2020Renewed
    Continued use as bakery production

    Continued use of the 3rd storey single-user light industry factory (#03–01) as bakery production

  6. 26 Sept 2020RenewedFloor 6
    Continued use as coffee roasting production

    Continued use of the 6th storey single-user light industry factory (#06-XX) as coffee roasting production

  7. 14 Jun 2018RenewedFloor 4
    Continued use as manufacturing of pastry and bakeries

    Continued use of the 4th storey single-user light industry factory (#04-XX) as manufacturing of pastry and bakeries

  8. 30 Oct 2017Renewed
    Continued use as bakery production

    Continued use of the 3rd storey single-user light industry factory (#03–01) as bakery production

  9. 30 Oct 2017RenewedFloor 6
    Continued use as coffee roasting production

    Continued use of the 6th storey single-user light industry factory (#06-XX) as coffee roasting production

  10. 12 Mar 2015Approved
    Change of use to manufacturing of pastry and bakeries

    Proposed change of use of the 4th storey single-user light industry factory (#04–01) to manufacturing of pastry and bakeries

  11. 30 Oct 2014Approved
    Change of use to bakery production

    Proposed change of use of the 3rd storey single-user light industry factory (#03–01) to bakery production

  12. 29 Oct 2014ApprovedFloor 6
    Change of use to coffee roasting production

    Proposed change of use of the 6th storey single-user light industry factory (#06-XX) to coffee roasting production

1 earlier change-of-use and A&A decision is on record since 2000.

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 Mactaggart Road price?

Strata sales on the street (5y)
9

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.

10

What is available at Phoon Huat Industrial Building right now?

Key takeaway6 units are currently listed at Phoon Huat Industrial Building. One row per unit; several agents often market the same unit.

For rent (6)

  • Food Factory at MacPherson / Tai SengS$17k/mo · 4,383 sqft
  • LIREA industrial building2 agentsS$17k/mo · 4,383 sqft
  • Ground floor stand alone building near Macpherson Tai Seng2 agentsS$25k/mo · 15,000 sqft
  • Central Kitchen @ MacPhersonS$17k/mo · 4,000 sqft

Browse every listing at this building →

11

What is near Phoon Huat Industrial Building?

Key takeawayThe nearest MRT/LRT is Tai Seng MRT, about 558 m away.

Getting around

Amenities nearby

Aft Jln Belangkas · 191 mWinnie Medical Centre · 350 mTai Seng MRT Exit A · 508 mEducational Institution · 522 mBusiness Park · 707 mBlk 80 Circuit Road · 780 m

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at Phoon Huat Industrial Building

Key takeawayThe nearest station is Tai Seng (CC11), 508 m away — a busy station, with about 45,000 taps in and out on an average weekday. 23 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 89% of industrial buildings

nearest MRT/LRT Tai Seng (CC11) 508 m, about 45,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 4, about 5,347 taps a weekday; Toa Payoh: 53,749 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

  • Tai Seng (CC11)508 m · about 45,000 weekday taps
  • Mattar (DT25)742 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 Phoon Huat Industrial Building. Transfers between lines don't tap, so interchanges read low.

Bus

4 bus stops within 400 m, with 5,347 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Jln Mesin (URA)81 m
    S$0.60 per half-hour at midday on a weekday · 8 car lots
  • Kampong Ampat (URA)87 m
    S$0.60 per half-hour at midday on a weekday · 14 car lots
  • Harvey Rd (URA)118 m
    S$0.60 per half-hour at midday on a weekday · 8 car lots
  • Mactaggart Rd (URA)120 m
    S$0.60 per half-hour at midday on a weekday · 10 car lots
  • Upp Aljunied Link Off St (URA)137 m
    S$0.60 per half-hour at midday on a weekday · 15 car lots

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

13

Who's registered at Phoon Huat Industrial Building?

Key takeaway8 live companies (and LLPs and branches; sole proprietors are not counted) list Phoon Huat Industrial Building as their registered address. These are registered businesses, not who occupies the space.
  • Accommodation and food services
    4
  • Manufacturing
    3
  • Financial and insurance
    1
  • Wholesale and retail trade
    0
  • Education
    0
  • Other services
    0

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$18.77 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$18.77 psm/mo
Observed range
S$10.76 – S$37.28

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 Phoon Huat Industrial Building

Where is Phoon Huat Industrial Building?⌄

Phoon Huat Industrial Building is at 37 Mactaggart Road, Singapore 368083, in the Toa Payoh planning area.

What is Phoon Huat Industrial Building zoned as?⌄

Phoon Huat 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 Phoon Huat 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 Phoon Huat Industrial Building?⌄

Phoon Huat Industrial Building is freehold.

What have units at Phoon Huat Industrial Building sold for?⌄

Across 1 recorded transaction, the median is S$1,450 psf. The latest was in April 2012.

What does industrial space near Phoon Huat Industrial Building rent for?⌄

JTC's rental returns for Mactaggart Road put the median at about S$1.74 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Mactaggart Road, not a rent quoted for Phoon Huat Industrial Building itself.

What is the nearest MRT station to Phoon Huat Industrial Building?⌄

Tai Seng MRT is the closest, 558 m away (about a 9-minute walk).

How many businesses are registered at Phoon Huat Industrial Building?⌄

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

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