Renault Commercial Vehicles Centre

Asset class

Industrial

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Tenure

Leasehold

District / Area

District 12 · Toa Payoh

Address

23 Lorong 8 Toa Payoh

Land area

4,380 sqm

Completed

Not on record

Storeys

3 (© OpenStreetMap contributors)

Estate (JTC)

Toa Payoh Industrial Estate

Listed as

Light Industrial (B1), Factory / Workshop (B2), Warehouse

Transactions on record

2 (records start 1995)

Live listings

3

ACRA registrations

2

Renault Commercial Vehicles Centre is an industrial building in Toa Payoh (District 12). It is located along Lorong 8 Toa Payoh, Singapore 319257.

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 leasehold, with about 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 4,380 sqm of land with roughly 10,950 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$332 psf. The most recent was in May 2013.

Across JTC's rental returns for Lorong 8 Toa Payoh, the median rent for industrial space on this street works out to about S$1.48 psf per month over 25 observations. Observed medians on the street span S$0.91 to S$2.35 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 2.9 km away. The closest bus stop (Braddell Tech Bldg) is 177 m away (about a 3-minute walk).

3 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. 24 Jun 2015Approved
   Change of use to warehouse

   Change of use of part 2 & part 3-storey single-user motor vehicle workshop to warehouse

2. 12 Mar 2002Approved
   Additions & alterations

   Proposed additions & alterations to the existing part 2- & part 3-storey single-user motor vehicle workshop with ancillary motor vehicle showroom and ancillary office

3. 30 Aug 2001Approved
   Change of use to motor vehicle workshop with ancillary motor vehicle showroom and ancillary offic

   Change of use of the part 2/part 3-storey light industrial building to motor vehicle workshop with ancillary motor vehicle showroom and ancillary office

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).

Browse every listing at this building →

Straight-line distances. Source: PropKaki amenities data.

• Wholesale and retail trade
  2
• Manufacturing
  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.

Street rent, median

S$15.92 psm/mo

Observed range

S$9.78 – S$25.28

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.