IndustrialBUSINESS 1District 13 · Geylang

Pines Industrial Building

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Pines Industrial 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. 3 units are currently listed for sale or rent. ACRA records 86 live company registrations at this address.

1

What are the key facts about Pines Industrial Building?

Key takeawayPines Industrial Building is a industrial building in District 13 · Geylang, zoned BUSINESS 1.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Not on record
District / Area
District 13 · Geylang
Address
240 Macpherson Road
Land area
4,154 sqm
Completed
Not on record
Storeys
Not on record
Listed as
Light Industrial (B1)
Transactions on record
None recorded
Live listings
3
ACRA registrations
86

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 Pines Industrial Building

Pines Industrial Building is an industrial building in Geylang (District 13). It is located along MacPherson Road, Singapore 348574.

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.

It sits on about 4,154 sqm of land with roughly 10,386 sqm of gross floor area.

Across JTC's rental returns for MacPherson Road, the median rent for industrial space on this street works out to about S$1.65 psf per month over 106 observations. Observed medians on the street span S$0.75 to S$3.23 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 6.5 km away. The closest business-park zone is about 1.6 km away. The nearest MRT is Potong Pasir MRT, 804 m away (about a 13-minute walk). The closest bus stop (Opp Cencon Bldg) is 211 m away (about a 3-minute walk).

98 businesses are currently registered at this address with ACRA.

3

What is Pines Industrial Building zoned as?

Key takeawayPines 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 Pines Industrial Building rent for?

Key takeawayNo rent is published for Pines Industrial Building itself. On its street, Macpherson Road, strata factory space rented at a median of $2.39 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 Macpherson Road

Street level · 2026Q3
25th pct
—
— psm
Median
$2.39
$25.76 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +9% on a year earlier

2023Q4 · $24.02 psm2026Q3 · $25.76 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 Pines 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

How fast units move at Pines Industrial Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 2 units for rent; 1 unit for sale.

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.

Sale: 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.

7

What's been approved at Pines Industrial Building?

Key takeawayURA has approved 2 changes of use at Pines Industrial Building since 2000, most recently in 2021. 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. 6 Dec 2023RenewedFloor 4
    Change of use

    Continued use of the 4th storey factory unit #04-XX for import & export of ornamental fish

  2. 19 Jan 2021ApprovedFloor 4
    Change of use to import & export of ornamental fish

    Change of use of the 4th storey factory unit #04-XX to import & export of ornamental fish

  3. 26 Apr 2019ApprovedFloor 1
    Change of use to import and export of ornamental fishes

    Change of use of the 1st storey unit #01-XX to import and export of ornamental fishes

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).

8

How does MacPherson Road price?

Strata sales on the street (5y)
4

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.

9

What is available at Pines Industrial Building right now?

Key takeaway3 units are currently listed at Pines Industrial Building — 1 for sale and 2 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • Freehold | No Airspace | Great Location2 agentsS$1.40M · 1,776 sqft

For rent (2)

  • Pines Industrial BuildingS$3k/mo · 1,200 sqft
  • Good Accessibility | No Airspace | Single Floorplate2 agentsS$4k/mo · 1,776 sqft

Browse every listing at this building →

10

What is near Pines Industrial Building?

Key takeawayThe nearest MRT/LRT is Potong Pasir MRT, about 804 m away.

Getting around

Amenities nearby

Opp Cencon Bldg · 211 mCircuit Medical Clinic · 244 mEducational Institution · 475 mPotong Pasir MRT Exit B · 767 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Pines Industrial Building

Key takeawayThe nearest station is Potong Pasir (NE10), 767 m away — a moderately busy station, with about 35,000 taps in and out on an average weekday. 10 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 90% of industrial buildings

nearest MRT/LRT Potong Pasir (NE10) 767 m, about 35,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 7, about 12,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 39,000 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)767 m · about 35,000 weekday taps
  • Mattar (DT25)785 m · 9,848 weekday taps
  • Geylang Bahru (DT24)990 m · about 12,000 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 Pines Industrial Building. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with about 12,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Lor Pendek (URA)133 m
    S$0.60 per half-hour at midday on a weekday · 4 car lots
  • Genting Rd (URA)148 m
    S$0.60 per half-hour at midday on a weekday · 20 car lots
  • Tannery Lane (URA)185 m
    S$0.60 per half-hour at midday on a weekday · 36 car lots
  • Genting Link (URA)199 m
    S$0.60 per half-hour at midday on a weekday · 2 car lots
  • Service Rd (Macpherson Rd) (URA)222 m
    S$0.60 per half-hour at midday on a weekday · season S$90/month · 23 car lots

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

12

Who's registered at Pines Industrial Building?

Key takeaway86 live companies (and LLPs and branches; sole proprietors are not counted) list Pines Industrial Building as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    27
  • Construction
    14
  • Professional, scientific and technical services
    13
  • Administrative and support services
    9
  • Financial and insurance
    6
  • Information and communications
    5
  • Manufacturing
    4
  • Education
    3
  • Transportation and storage
    2
  • Arts, entertainment and recreation
    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.

13

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$17.70 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$17.70 psm/mo
Observed range
S$8.10 – S$34.72

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.

14

Frequently asked questions about Pines Industrial Building

Where is Pines Industrial Building?⌄

Pines Industrial Building is at 240 Macpherson Road, Singapore 348574, in the Geylang planning area.

What is Pines Industrial Building zoned as?⌄

Pines 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 Pines 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.

Have there been any recorded transactions at Pines Industrial Building?⌄

No caveats have been lodged for Pines 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 Pines Industrial Building rent for?⌄

JTC's rental returns for MacPherson Road put the median at about S$1.65 psf per month. That is a street-level figure from undated snapshots covering all industrial space on MacPherson Road, not a rent quoted for Pines Industrial Building itself.

What is the nearest MRT station to Pines Industrial Building?⌄

Potong Pasir MRT is the closest, 804 m away (about a 13-minute walk).

How many businesses are registered at Pines Industrial Building?⌄

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

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