Pines Industrial Building
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.
What are the key facts about Pines Industrial Building?
- 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.
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$3.23 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.
The nearest port or airport land is about 6.5 km away. The closest business-park zone is about 1.6 km away. The nearest MRT is Potong Pasir MRT, 804 m away (about a 13-minute walk). The closest bus stop (Opp Cencon Bldg) is 211 m away (about a 3-minute walk).
98 businesses are currently registered at this address with ACRA.
What is Pines Industrial Building zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What does space at Pines Industrial Building rent for?
Strata factory space on Macpherson Road
Street level · 2026Q3S$ per sq ft per month (median only published) · median +9% on a year earlier
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 Pines Industrial Building
- 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
- 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
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 Pines Industrial Building
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.
What's been approved at Pines Industrial Building?
- 6 Dec 2023RenewedFloor 4Change of use
Continued use of the 4th storey factory unit #04-XX for import & export of ornamental fish
- 19 Jan 2021ApprovedFloor 4Change 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
- 26 Apr 2019ApprovedFloor 1Change 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).
How does MacPherson Road price?
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 Pines Industrial Building right now?
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
What is near Pines Industrial Building?
Getting around
- Potong Pasir MRT804 m · ~13 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Pines Industrial Building
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 mS$0.60 per half-hour at midday on a weekday · 4 car lots
- Genting Rd (URA)148 mS$0.60 per half-hour at midday on a weekday · 20 car lots
- Tannery Lane (URA)185 mS$0.60 per half-hour at midday on a weekday · 36 car lots
- Genting Link (URA)199 mS$0.60 per half-hour at midday on a weekday · 2 car lots
- Service Rd (Macpherson Rd) (URA)222 mS$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.
Who's registered at Pines Industrial Building?
- Wholesale and retail trade27
- Construction14
- Professional, scientific and technical services13
- Administrative and support services9
- Financial and insurance6
- Information and communications5
- Manufacturing4
- Education3
- Transportation and storage2
- Arts, entertainment and recreation2
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?
- 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.
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.
The facts are here — now get the verdict on Pines Industrial Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
