IndustrialBUSINESS 1LeaseholdDistrict 19 · Hougang

Swee Hin Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Feb 2016

Quick Summary

Swee Hin Building is a industrial building in District 19 · Hougang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 1 transaction is on record since 1995, most recently in Feb 2016. ACRA records 1 live company registration at this address.

The facts are here — now get the verdict on Swee Hin Building.

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What are the key facts about Swee Hin Building?

Key takeawaySwee Hin Building is a industrial building in District 19 · Hougang, zoned BUSINESS 1, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 19 · Hougang
Address: 91 Defu Lane 10
Land area: 4,880 sqm
Completed: Not on record
Storeys: Not on record
Estate (JTC): Defu Industrial Estate
Transactions on record: 1 (records start 1995)
Live listings: None
ACRA registrations: 1

About Swee Hin Building

Swee Hin Building is an industrial building in Hougang (District 19). It is located along Defu Lane 10, Singapore 539221.

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 4,880 sqm of land with roughly 12,198 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$425 psf. The most recent was in February 2016.

Across JTC's rental returns for Defu Lane 10, the median rent for industrial space on this street works out to about S$1.50 psf per month over 26 observations. Observed medians on the street span S$0.14 to S$2.27 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 6.7 km away. The closest business-park zone is about 932 m away. The closest bus stop (Opp Blk 169) is 101 m away (about a 2-minute walk).

2 businesses are currently registered at this address with ACRA.

What is Swee Hin Building zoned as?

Key takeawaySwee Hin 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 Swee Hin Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Feb 2016 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Feb 2016	Single-user Factory	S$22.30M	52,529 sqft	$425

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 Swee Hin Building rent for?

Key takeawayNo rent is published for Swee Hin Building itself. On its street, Defu Lane 10, strata factory space rented at a median of $2.25 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Defu Lane 10

Street level · 2026Q3

25th pct

—

— psm

Median

$2.25

$24.22 psm

75th pct

—

— psm

S$ per sq ft per month (median only published)

2022Q3 · $18.03 psm2026Q3 · $24.22 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 Swee Hin 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.

What's been approved at Swee Hin Building?

Key takeawayURA's planning decisions at Swee Hin Building 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.

17 Mar 2020Agency works
Additions & alterations
Proposed additions & alterations to 1st storey of existing 7-storey warehouse building with ancillary office
3 Oct 2016Approved
Additions & alterations
Proposed additions & alterations and change of use from existing 7-storey factory to warehouse building with 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).

What is near Swee Hin Building?

Amenities nearby

Opp Blk 169 · 101 mSingapore Family Clinic & Surgery (Hougang) · 234 mBlk 105 Hougang Ave 1 · 345 mEducational Institution · 530 mBusiness Park · 932 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Swee Hin Building

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Kovan, 1.2 km away. 10 public car parks are within 500 m.

Foot traffic: busier than 64% of industrial buildings

no MRT/LRT within 1 km (nearest Kovan, 1.2 km); bus stops within 400 m: 9, about 22,000 taps a weekday; Hougang: 43,772 resident workers (Census 2020, by workplace); about 23,000 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.

Bus

9 bus stops within 400 m, with about 22,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 1 To 32, 37 To 38 Defu Lane 10 (JTC)142 m
Blk 108 Hougang Avenue 1 (HDB)232 m
S$0.60 per half-hour at midday on a weekday · 39 car lots
Defu Lane 9 (JTC)236 m
Blk 172A Hougang Avenue 1 (HDB)254 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 823 car lots
Blk 174A-174D Hougang Avenue 1 (HDB)309 m
S$0.60 per half-hour at midday on a weekday · 154 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Nearest URA season parking: Simon Road-Kovan Road Area, 1.6 km away, S$90/month.

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

Who's registered at Swee Hin Building?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list Swee Hin Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
1
Manufacturing
0
Accommodation and food services
0
Transportation and storage
0
Information and communications
0
Administrative and support services
0
Other services
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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$16.15 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$16.15 psm/mo
Observed range: S$1.49 – S$24.47

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 Swee Hin Building

Where is Swee Hin Building?⌄

Swee Hin Building is at 91 Defu Lane 10, Singapore 539221, in the Hougang planning area.

What is Swee Hin Building zoned as?⌄

Swee Hin 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 Swee Hin 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 Swee Hin Building?⌄

Swee Hin Building 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 Swee Hin Building sold for?⌄

Across 1 recorded transaction, the median is S$425 psf. The latest was in February 2016.

What does industrial space near Swee Hin Building rent for?⌄

JTC's rental returns for Defu Lane 10 put the median at about S$1.50 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Defu Lane 10, not a rent quoted for Swee Hin Building itself.

How many businesses are registered at Swee Hin Building?⌄

2 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.

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".

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 JTC estate boundaries, JTC car park information (data.gov.sg), PropKaki's foot-traffic model — 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.