IndustrialBUSINESS 1District 13 · Geylang

Platinum 28

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Platinum 28 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. 1 unit is currently listed for rent. ACRA records 131 live company registrations at this address.

1

What are the key facts about Platinum 28?

Key takeawayPlatinum 28 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
—
Land area
2,205 sqm
Completed
2008 (per EdgeProp)
Storeys
9 (© OpenStreetMap contributors)
Listed as
Light Industrial (B1)
Transactions on record
None recorded
Live listings
1
ACRA registrations
131

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 Platinum 28

Platinum 28 is an industrial building in Geylang (District 13). It is located along Genting Lane, Singapore 349585.

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 2,205 sqm of land with roughly 5,513 sqm of gross floor area.

Across JTC's rental returns for Genting Lane, the median rent for industrial space on this street works out to about S$1.60 psf per month over 106 observations. Observed medians on the street span S$0.73 to S$2.20 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

1 industrial project is still uncompleted on this street, adding about 17,170 sqm of gross floor area, the earliest due around 2027.

The nearest port or airport land is about 6.3 km away. The closest business-park zone is about 2.0 km away. The nearest MRT is Potong Pasir MRT, 565 m away (about a 9-minute walk). The closest bus stop (Bef Genting Lk) is 58 m away (about a 1-minute walk).

138 businesses are currently registered at this address with ACRA.

3

What is Platinum 28 zoned as?

Key takeawayPlatinum 28 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 Platinum 28 rent for?

Key takeawayNo rent is published for Platinum 28 itself. On its street, Genting Lane, strata factory space rented at a median of $2.15 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 Genting Lane

Street level · 2026Q3
25th pct
—
— psm
Median
$2.15
$23.14 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +4.1% on a year earlier

2023Q4 · $20.24 psm2026Q3 · $23.14 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 Platinum 28

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 Platinum 28

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

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing 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

How does Genting Lane price?

Key takeawayGenting Lane's current JTC street rent is S$23.14 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 3.6% (3.3% net of property tax).
Strata sales on the street (5y)
18
Street median PSF (strata)
$696
Indicative street yield
3.6% gross
3.3% 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 available at Platinum 28 right now?

Key takeaway1 unit is currently listed at Platinum 28. One row per unit; several agents often market the same unit.

For rent (1)

  • fitted condition own door unit at macpherson!S$4k/mo · 1,302 sqft

Browse every listing at this building →

9

What is near Platinum 28?

Key takeawayThe nearest MRT/LRT is Potong Pasir MRT, about 565 m away.

Getting around

Amenities nearby

Bef Genting Lk · 58 mRuby Medical Centre · 317 mPotong Pasir MRT Exit B · 525 mEducational Institution · 599 mBlk 69 Geylang Bahru · 829 m

Straight-line distances. Source: PropKaki amenities data.

10

Getting there and parking at Platinum 28

Key takeawayThe nearest station is Potong Pasir (NE10), 525 m away — a moderately busy station, with about 35,000 taps in and out on an average weekday. 15 public car parks are within 500 m; the cheapest URA season parking nearby is S$80 a month.
Foot traffic: busier than 94% of industrial buildings

nearest MRT/LRT Potong Pasir (NE10) 525 m, about 35,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 9, about 15,000 taps a weekday; Geylang: 116,481 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

  • Potong Pasir (NE10)525 m · about 35,000 weekday taps
  • Geylang Bahru (DT24)764 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 Platinum 28. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with about 15,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Lor Bakar Batu (URA)140 m
    S$0.60 per half-hour at midday on a weekday · 50 car lots
  • Genting Link (URA)143 m
    S$0.60 per half-hour at midday on a weekday · 2 car lots
  • Siang Kuang Ave (URA)195 m
    S$0.60 per half-hour at midday on a weekday · 12 car lots
  • Service Rd (Macpherson Rd) (URA)199 m
    S$0.60 per half-hour at midday on a weekday · season S$90/month · 23 car lots
  • Genting Rd (URA)217 m
    S$0.60 per half-hour at midday on a weekday · 20 car lots

Public car parks only, by straight-line distance, with the operator's published rates. Platinum 28's own car park, if it has one, and its charges are not in the open data.

11

Who's registered at Platinum 28?

Key takeaway131 live companies (and LLPs and branches; sole proprietors are not counted) list Platinum 28 as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    32
  • Professional, scientific and technical services
    24
  • Information and communications
    21
  • Financial and insurance
    16
  • Construction
    14
  • Manufacturing
    8
  • Accommodation and food services
    5
  • Administrative and support services
    3
  • Education
    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.

12

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$17.23 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$17.23 psm/mo
Observed range
S$7.82 – S$23.68
Pipeline on this street
1 project · earliest TOP 2027

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.

13

Frequently asked questions about Platinum 28

Where is Platinum 28?⌄

Platinum 28 is at Genting Lane, Singapore 349585, in the Geylang planning area.

What is Platinum 28 zoned as?⌄

Platinum 28 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 Platinum 28?⌄

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 Platinum 28?⌄

No caveats have been lodged for Platinum 28 in the records we track. That is common for single-owner industrial buildings, which never generate strata transactions.

What does industrial space near Platinum 28 rent for?⌄

JTC's rental returns for Genting Lane put the median at about S$1.60 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Genting Lane, not a rent quoted for Platinum 28 itself.

What is the nearest MRT station to Platinum 28?⌄

Potong Pasir MRT is the closest, 565 m away (about a 9-minute walk).

How many businesses are registered at Platinum 28?⌄

138 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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