IndustrialBUSINESS 2LeaseholdDistrict 17 · Pasir Ris

Skp Industrial Building Ii

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2019
Quick Summary

Skp Industrial Building Ii is a industrial building in District 17 · Pasir Ris, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 2 transactions are on record since 1995, most recently in Jul 2019. ACRA records 0 live company registrations at this address.

1

What are the key facts about Skp Industrial Building Ii?

Key takeawaySkp Industrial Building Ii is a industrial building in District 17 · Pasir Ris, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 17 · Pasir Ris
Address
8 Loyang Way 1
Land area
5,324 sqm
Completed
Not on record
Storeys
Not on record
Estate (JTC)
Loyang Industrial Estate
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
0
2

Who owns Skp Industrial Building Ii, and what is it valued at?

Key takeawayNo REIT or listed company holds Skp Industrial Building Ii today on its latest filings. Earlier SGX filings about it are below, each with its date.
Whole-building deals
  1. Announced 18 Sep 2019 · completed 18 Sep 2019
    Sold No. 8 Loyang Way 1 for S$27 million (sale price) to Seow Kim Polythelene Co Pte Ltd.

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

3

About Skp Industrial Building Ii

Skp Industrial Building Ii is an industrial building in Pasir Ris (District 17). It is located along Loyang Way 1, Singapore 508707.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

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 5,324 sqm of land with roughly 13,771 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$248 psf. The most recent was in July 2019.

Across JTC's rental returns for Loyang Way 1, the median rent for industrial space on this street works out to about S$1.64 psf per month over 1 observations. Observed medians on the street span S$1.64 to S$1.64 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 1.1 km away. The closest business-park zone is about 3.5 km away. The closest bus stop (Bef Loyang Way 1) is 221 m away (about a 3-minute walk).

4

What is Skp Industrial Building Ii zoned as?

Key takeawaySkp Industrial Building Ii sits on land zoned BUSINESS 2 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 2
Gross plot ratio
2.5

Run the full zoning report for this building →

5

What has Skp Industrial Building Ii sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jul 2019 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jul 2019Single-user FactoryS$27.00M105,140 sqft$257
Mar 2008Single-user FactoryS$25.00M105,140 sqft$238

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

6

Market context around Skp Industrial Building Ii

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.

7

What's been approved at Skp Industrial Building Ii?

Key takeawayURA's planning decisions at Skp Industrial Building Ii since 2000 are below. 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.
  1. 30 Jun 2021Approved
    Additions & alterations

    Proposed new platform to the exisitng 4-storey single user detached factorey and 4-storey factory with ancillary office on lots 3036x & 3037l plot a0985600 & a13863 mk. 31 at 8 loyang way 1

  2. 27 Feb 2008Approved
    Additions & alterations

    Proposed additions and alterations to an existing 4-storey single user detached factory

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).

8

What is near Skp Industrial Building Ii?

Amenities nearby

Bef Loyang Way 1 · 221 mSteward Clinic · 492 mEducational Institution · 893 mPort / Airport · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at Skp Industrial Building Ii

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Pasir Ris, 1.5 km away. 3 public car parks are within 500 m.
Foot traffic: busier than 41% of industrial buildings

no MRT/LRT within 1 km (nearest Pasir Ris, 1.5 km); bus stops within 400 m: 5, about 4,988 taps a weekday; Pasir Ris: 23,751 resident workers (Census 2020, by workplace); about 5,025 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.

Bus

5 bus stops within 400 m, with 4,988 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Loyang Way 1 (URA)143 m
    S$0.60 per half-hour at midday on a weekday · 10 car lots
  • Loyang St (URA)259 m
    S$0.60 per half-hour at midday on a weekday · 18 car lots
  • Loyang Lane (URA)443 m
    S$0.60 per half-hour at midday on a weekday · 12 car lots

Nearest URA season parking: Pasir Ris Park Car Par K E Off St, 3.2 km away, S$90/month.

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

10

How many companies are registered at Skp Industrial Building Ii?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

11

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$17.60 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$17.60 psm/mo
Observed range
S$17.60 – S$17.60

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.

12

Frequently asked questions about Skp Industrial Building Ii

Where is Skp Industrial Building Ii?⌄

Skp Industrial Building Ii is at 8 Loyang Way 1, Singapore 508707, in the Pasir Ris planning area.

What is Skp Industrial Building Ii zoned as?⌄

Skp Industrial Building Ii is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at Skp Industrial Building Ii?⌄

Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of Skp Industrial Building Ii?⌄

Skp Industrial Building Ii is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Skp Industrial Building Ii sold for?⌄

Across 2 recorded transactions, the median is S$248 psf. The latest was in July 2019.

What does industrial space near Skp Industrial Building Ii rent for?⌄

JTC's rental returns for Loyang Way 1 put the median at about S$1.64 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Loyang Way 1, not a rent quoted for Skp Industrial Building Ii itself.

For agents · in the PropKaki app

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

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about Skp Industrial Building Ii — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…