IndustrialBUSINESS 1FreeholdDistrict 13 · Geylang

Sky Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2006
Quick Summary

Sky 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 freehold. 2 transactions are on record since 1995, most recently in Dec 2006. ACRA records 0 live company registrations at this address.

1

What are the key facts about Sky Building?

Key takeawaySky Building is a industrial building in District 13 · Geylang, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 13 · Geylang
Address
31 Tannery Lane
Land area
1,379 sqm
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
0
2

About Sky Building

Sky Building is an industrial building in Geylang (District 13). It is located along Tannery Lane, Singapore 347788.

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 1,379 sqm of land with roughly 3,696 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$882 psf. The most recent was in December 2006.

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 6.4 km away. The closest business-park zone is about 1.7 km away. The nearest MRT is Mattar MRT, 802 m away (about a 12-minute walk). The closest bus stop (Opp Cencon Bldg) is 245 m away (about a 4-minute walk).

3

What is Sky Building zoned as?

Key takeawaySky 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 →

4

What has Sky Building sold for?

Key takeaway2 transactions are on record since 1995, most recently in Dec 2006 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2006Single-user FactoryS$11.20M14,845 sqft$754
Jun 1999Single-user FactoryS$15.00M14,845 sqft$1,010

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.

5

How does Tannery Lane price?

Key takeawayTannery Lane's current JTC street rent is S$32.37 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 4.5% (4.0% net of property tax).
Strata sales on the street (5y)
41
Street median PSF (strata)
$707
Indicative street yield
4.5% gross
4.0% 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.

6

What is near Sky Building?

Key takeawayThe nearest MRT/LRT is Mattar MRT, about 802 m away.

Getting around

Amenities nearby

Circuit Medical Clinic · 212 mOpp Cencon Bldg · 245 mEducational Institution · 511 mMattar MRT Exit A · 736 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Sky Building?

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.

8

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.

9

Frequently asked questions about Sky Building

Where is Sky Building?

Sky Building is at 31 Tannery Lane, Singapore 347788, in the Geylang planning area.

What is Sky Building zoned as?

Sky 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 Sky 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 Sky Building?

Sky Building is freehold.

What have units at Sky Building sold for?

Across 2 recorded transactions, the median is S$882 psf. The latest was in December 2006.

What does industrial space near Sky 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 Sky Building itself.

What is the nearest MRT station to Sky Building?

Mattar MRT is the closest, 802 m away (about a 12-minute walk).

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