Psl Industrial Building

Asset class

Industrial

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Tenure

Freehold

District / Area

District 13 · Geylang

Address

156 Macpherson Road

Land area

4,278 sqm

Completed

Not on record

Storeys

10 (© OpenStreetMap contributors)

Transactions on record

1 (records start 1995)

Live listings

None

ACRA registrations

70

Psl Industrial Building is an industrial building in Geylang (District 13). It is located along Macpherson Road, Singapore 348528.

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 4,278 sqm of land with roughly 10,694 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$605 psf. The most recent was in November 2021.

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 6.4 km away. The closest business-park zone is about 1.8 km away. The nearest MRT is Potong Pasir MRT, 576 m away (about a 9-minute walk). The closest bus stop (Gulab Bldg) is 52 m away (about a 1-minute walk).

86 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Run the full zoning report for this building →

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

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.

1. 11 Oct 2001ApprovedFloor 1
   Change of use to canteen

   Change of use of the showroom unit #01-XX to 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).

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.

Straight-line distances. Source: PropKaki amenities data.

• Wholesale and retail trade
  16
• Professional, scientific and technical services
  11
• Administrative and support services
  8
• Construction
  8
• Manufacturing
  6
• Information and communications
  5
• Transportation and storage
  5
• Financial and insurance
  4
• Accommodation and food services
  1
• Real estate
  1

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.

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.