Soon Aik Industrial Building
Soon Aik 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 freehold. ACRA records 4 live company registrations at this address.
What are the key facts about Soon Aik Industrial Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Freehold
- District / Area
- District 13 · Geylang
- Address
- —
- Land area
- 1,345 sqm
- Completed
- Not on record
- Storeys
- Not on record
- Transactions on record
- None recorded
- Live listings
- None
- ACRA registrations
- 4
No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.
About Soon Aik Industrial Building
Soon Aik Industrial Building is an industrial building in Geylang (District 13). It is located along Tannery Lane, Singapore 347775.
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 1,345 sqm of land with roughly 3,362 sqm of gross floor area.
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$3.01 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.
1 industrial project is still uncompleted on this street, adding about 16,190 sqm of gross floor area, the earliest due around 2029.
The nearest port or airport land is about 6.4 km away. The closest business-park zone is about 1.7 km away. The nearest MRT is Potong Pasir MRT, 739 m away (about a 12-minute walk). The closest bus stop (Gulab Bldg) is 145 m away (about a 2-minute walk).
5 businesses are currently registered at this address with ACRA.
What is Soon Aik Industrial Building zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What does space at Soon Aik Industrial Building rent for?
Strata factory space on Tannery Lane
Street level · 2026Q3S$ per sq ft per month (median only published) · median +15.1% on a year earlier
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 Soon Aik Industrial Building
- 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
- 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
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 does Tannery Lane price?
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 near Soon Aik Industrial Building?
Getting around
- Potong Pasir MRT739 m · ~12 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Soon Aik Industrial Building
nearest MRT/LRT Potong Pasir (NE10) 701 m, about 35,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 8, about 10,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 39,000 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
- Potong Pasir (NE10)701 m · about 35,000 weekday taps
- Mattar (DT25)854 m · 9,848 weekday taps
- Geylang Bahru (DT24)918 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 Soon Aik Industrial Building. Transfers between lines don't tap, so interchanges read low.
Bus
8 bus stops within 400 m, with about 10,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Lor Pendek (URA)66 mS$0.60 per half-hour at midday on a weekday · 4 car lots
- Genting Rd (URA)71 mS$0.60 per half-hour at midday on a weekday · 20 car lots
- Genting Link (URA)109 mS$0.60 per half-hour at midday on a weekday · 2 car lots
- Service Rd (Macpherson Rd) (URA)161 mS$0.60 per half-hour at midday on a weekday · season S$90/month · 23 car lots
- Tannery Lane (URA)224 mS$0.60 per half-hour at midday on a weekday · 36 car lots
Public car parks only, by straight-line distance, with the operator's published rates. Soon Aik Industrial Building's own car park, if it has one, and its charges are not in the open data.
Who's registered at Soon Aik Industrial Building?
- Wholesale and retail trade4
- Manufacturing0
- Construction0
- Education0
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?
- 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 Soon Aik Industrial Building
Where is Soon Aik Industrial Building?⌄
Soon Aik Industrial Building is at Tannery Lane, Singapore 347775, in the Geylang planning area.
What is Soon Aik Industrial Building zoned as?⌄
Soon Aik 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 Soon Aik 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 Soon Aik Industrial Building?⌄
Soon Aik Industrial Building is freehold.
Have there been any recorded transactions at Soon Aik Industrial Building?⌄
No caveats have been lodged for Soon Aik Industrial Building in the records we track. That is common for single-owner industrial buildings, which never generate strata transactions.
What does industrial space near Soon Aik 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 Soon Aik Industrial Building itself.
What is the nearest MRT station to Soon Aik Industrial Building?⌄
Potong Pasir MRT is the closest, 739 m away (about a 12-minute walk).
How many businesses are registered at Soon Aik Industrial Building?⌄
5 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on Soon Aik Industrial Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
