IndustrialBUSINESS 1LeaseholdDistrict 13 · Geylang

Sindo Industrial Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2026

Quick Summary

Sindo 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. It is leasehold with roughly 14 years remaining. 43 transactions are on record since 1995, at a median S$157 psf, most recently in Sept 2026. 19 units are currently listed for rent. ACRA records 254 live company registrations at this address.

The facts are here — now get the verdict on Sindo Industrial Building.

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What are the key facts about Sindo Industrial Building?

Key takeawaySindo Industrial Building is a industrial building in District 13 · Geylang, zoned BUSINESS 1, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 13 · Geylang
Address: 66 Tannery Lane
Land area: 9,968 sqm
Completed: Not on record
Storeys: 9 (© OpenStreetMap contributors)
Strata units (MCST): 53
Managing agent: DICKSON PROPERTY CONSULTANTS PTE LTD
Strata formed: 1985 (MCST 0974)
Units with a recorded sale: At least 32
Listed as: Light Industrial (B1), Office
Transactions on record: 43 (records start 1995)
Live listings: 19
ACRA registrations: 254

About Sindo Industrial Building

Sindo Industrial Building is an industrial building in Geylang (District 13). It is located along Tannery Lane, Singapore 347805.

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 14 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 9,968 sqm of land with roughly 24,919 sqm of gross floor area.

42 transactions have been recorded here, at a median of S$158 psf. The most recent was in April 2026.

Across JTC's rental returns for Tannery Lane, the median rent for industrial space on this street works out to about S$1.66 psf per month over 106 observations. Observed medians on the street span S$1.00 to S$3.01 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 16,190 sqm of gross floor area, the earliest due around 2029.

The nearest port or airport land is about 6.2 km away. The closest business-park zone is about 1.7 km away. The nearest MRT is Mattar MRT, 638 m away (about a 10-minute walk). The closest bus stop (Tannery Blk) is 292 m away (about a 5-minute walk).

302 businesses are currently registered at this address with ACRA.

What is Sindo Industrial Building zoned as?

Key takeawaySindo 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 →

What has Sindo Industrial Building sold for?

Key takeawayAcross 43 recorded transactions since 1995, the median price is about S$550k, most recently in Sept 2026.

Date	Use	Price	Area	PSF
Sept 2026	Multiple-user Factory	S$760k	4,844 sqft	$157
Apr 2026	Multiple-user Factory	S$325k	1,808 sqft	$180
Jan 2024	Multiple-user Factory	S$265k	1,636 sqft	$162
Oct 2023	Multiple-user Factory	S$700k	3,886 sqft	$180
Mar 2022	Multiple-user Factory	S$480k	3,326 sqft	$144
Jun 2021	Multiple-user Factory	S$1.10M	5,920 sqft	$186
Mar 2021	Multiple-user Factory	S$375k	3,186 sqft	$118
Sept 2019	Multiple-user Factory	S$310k	1,808 sqft	$171
Apr 2018	Multiple-user Factory	S$485k	2,734 sqft	$177
Dec 2017	Multiple-user Factory	S$630k	3,326 sqft	$189

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

What does space at Sindo Industrial Building rent for?

Key takeawayJTC publishes leases at Sindo Industrial Building itself: strata factory space leased at a median of $3.93 psf a month in 2026Q3, with the middle half of leases between $3.06 and $3.97. That is the building's figure across its leases, and never a quote for a particular unit.

Strata factory space in this building

This building · 2026Q3

25th pct

$3.06

$32.91 psm

Median

$3.93

$42.33 psm

75th pct

$3.97

$42.72 psm

S$ per sq ft per month

2020Q3 · $20.46 psm2026Q3 · $42.33 psm median

JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.

Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.

Strata factory space on Tannery Lane

Street level · 2026Q3

25th pct

—

— psm

Median

$3.34

$35.96 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +15.1% on a year earlier

2023Q4 · $26.03 psm2026Q3 · $35.96 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.

Market context around Sindo 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.

How fast units move at Sindo Industrial Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 19 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 5 new listings appeared and 1 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 Sindo Industrial Building?

Key takeawayURA has approved 1 change of use at Sindo Industrial Building since 2000, most recently in 2023. 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.

23 Jan 2026RenewedFloor 5
Continued use as media activities
Continued use of the 5th storey unit #05-XX of sindo industrial building to media activities
8 Feb 2023ApprovedFloor 5
Change of use to media activities
Change of use of the 5th storey unit #05-XX of sindo industrial building to media activities

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 Tannery Lane price?

Key takeawayTannery Lane's current JTC street rent is S$35.96 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 5.3% (4.7% net of property tax).

Strata sales on the street (5y)

Street median PSF (strata)

$710

Indicative street yield

5.3% gross

4.7% 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.

What is available at Sindo Industrial Building right now?

Key takeaway19 units are currently listed at Sindo Industrial Building. One row per unit; several agents often market the same unit.

For rent (19)

Sindo Industrial BuildingS$3k/mo · 875 sqft
Sindo Industrial BuildingS$800/mo · 240 sqft
Sindo Industrial BuildingS$2k/mo · 533 sqft
Sindo Industrial BuildingS$3k/mo · 907 sqft

Browse every listing at this building →

What is near Sindo Industrial Building?

Key takeawayThe nearest MRT/LRT is Mattar MRT, about 638 m away.

Getting around

Mattar MRT638 m · ~10 min

Amenities nearby

CODE 4 Medical Clinic · 176 mTannery Blk · 292 mEducational Institution · 338 mMattar MRT Exit A · 585 mBlks 79/79A Circuit Road · 838 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Sindo Industrial Building

Key takeawayThe nearest station is Mattar (DT25), 585 m away — a quiet station, with 9,848 taps in and out on an average weekday. 11 public car parks are within 500 m.

Foot traffic: busier than 86% of industrial buildings

nearest MRT/LRT Mattar (DT25) 585 m, about 9,848 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 7, about 9,077 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 40,000 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

Mattar (DT25)585 m · 9,848 weekday taps
Geylang Bahru (DT24)868 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 Sindo Industrial Building. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with 9,077 boardings and alightings on an average weekday.

Public car parks within 500 m

Genting Lane (URA)131 m
S$0.60 per half-hour at midday on a weekday · 43 car lots
Tannery Lane (URA)162 m
S$0.60 per half-hour at midday on a weekday · 36 car lots
Genting Lane Off St (URA)172 m
S$0.60 per half-hour at midday on a weekday · 38 car lots
Soon Wing Rd (URA)229 m
S$0.60 per half-hour at midday on a weekday · 10 car lots
Aljunied Rd (Minor) (URA)270 m
S$0.60 per half-hour at midday on a weekday · 19 car lots

Nearest URA season parking: Kallang Industrial Est Ate Zone A, 505 m away, S$90/month.

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

Who's registered at Sindo Industrial Building?

Key takeaway254 live companies (and LLPs and branches; sole proprietors are not counted) list Sindo Industrial Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
92
Construction
47
Professional, scientific and technical services
29
Manufacturing
19
Information and communications
17
Administrative and support services
16
Transportation and storage
9
Other services
7
Financial and insurance
5
Real estate
5

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?

Key takeawayJTC's street-level record shows a median of S$17.91 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$17.91 psm/mo
Observed range: S$10.76 – S$32.37
Pipeline on this street: 1 project · earliest TOP 2029

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 Sindo Industrial Building

Where is Sindo Industrial Building?⌄

Sindo Industrial Building is at 66 Tannery Lane, Singapore 347805, in the Geylang planning area.

What is Sindo Industrial Building zoned as?⌄

Sindo 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 Sindo 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.

What is the tenure of Sindo Industrial Building?⌄

Sindo Industrial Building is leasehold. About 14 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Sindo Industrial Building sold for?⌄

Across 42 recorded transactions, the median is S$158 psf. The latest was in April 2026.

What does industrial space near Sindo Industrial Building rent for?⌄

JTC's rental returns for Tannery Lane put the median at about S$1.66 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Tannery Lane, not a rent quoted for Sindo Industrial Building itself.

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

Mattar MRT is the closest, 638 m away (about a 10-minute walk).

How many businesses are registered at Sindo Industrial Building?⌄

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

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from BCA's MCST register, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.