IndustrialBUSINESS 1District 13 · Toa Payoh

Teo Industrial Building

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Teo Industrial Building is a industrial building in District 13 · Toa Payoh, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. ACRA records 40 live company registrations at this address.

1

What are the key facts about Teo Industrial Building?

Key takeawayTeo Industrial Building is a industrial building in District 13 · Toa Payoh, zoned BUSINESS 1.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Not on record
District / Area
District 13 · Toa Payoh
Address
15 Shaw Road
Land area
3,669 sqm
Completed
Not on record
Storeys
Not on record
Transactions on record
None recorded
Live listings
None
ACRA registrations
40

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.

2

About Teo Industrial Building

Teo Industrial Building is an industrial building in Toa Payoh (District 13). It is located along Shaw Road, Singapore 367953.

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.

It sits on about 3,669 sqm of land with roughly 9,173 sqm of gross floor area.

Across JTC's rental returns for Shaw Road, the median rent for industrial space on this street works out to about S$1.80 psf per month over 92 observations. Observed medians on the street span S$0.49 to S$3.28 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 12,760 sqm of gross floor area, the earliest due around 2028.

The nearest port or airport land is about 7.6 km away. The closest business-park zone is about 361 m away. The nearest MRT is Tai Seng MRT, 454 m away (about a 7-minute walk). The closest bus stop (Asiawide Ind Bldg) is 281 m away (about a 4-minute walk).

44 businesses are currently registered at this address with ACRA.

3

What is Teo Industrial Building zoned as?

Key takeawayTeo 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 →

4

What does space at Teo Industrial Building rent for?

Key takeawayNo rent is published for Teo Industrial Building itself. On its street, Shaw Road, strata factory space rented at a median of $3.17 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 Shaw Road

Street level · 2026Q3
25th pct
—
— psm
Median
$3.17
$34.17 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +11.5% on a year earlier

2023Q4 · $28.16 psm2026Q3 · $34.17 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.

5

Market context around Teo 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.

6

What's been approved at Teo Industrial Building?

Key takeawayURA's planning decisions at Teo Industrial 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.
  1. 14 Aug 2018Renewed
    Continued use as existing 4-storey factory building

    Continued use of secondary workers' dormitory (for 505 workers) to existing 4-storey factory building on lots 08377n & 08379l mk24 at no.15 & 17, shaw road

  2. 16 Aug 2016Renewed
    Continued use as existing 4-storey factory building

    Continued use of secondary workers' dormitory (for 505 workers) to existing 4-storey factory building

  3. 18 Sept 2015Renewed
    Continued use as existing 4-storey factory building

    Continued use of existing secondary workers' dormitory (for 505 workers) to existing 4-storey factory building

  4. 23 Oct 2014Renewed
    Continued use as existing 4-storey factory building

    Continued use of existing secondary workers' dormitory (for 505 workers) to existing 4-storey factory building

  5. 21 Sept 2012Renewed
    Continued use as existing 4-storey factory building

    Continued use of existing secondary workers' dormitory (for 558 workers) to existing 4-storey factory building

  6. 26 May 2009Approved
    Additions & alterations

    Proposed amendment to approved a/a and change of use from ancillary to secondary workers' dormitory to the existing 4-storey factory building and 8-storey light industrial flatted with a basement building

  7. 24 Apr 2008Approved
    Additions & alterations

    Proposed amendment to approved a&a and change of use from ancillary to secondary workers' dormitory to the existing 4-storey factory building and 8-storey light industrial flatted with a basement building

  8. 5 Oct 2007Approved
    Additions & alterations

    Proposed addititons and alterations and change of use to ancillary workers' dormitory to existing 4 storey factory building and 8 storey light industrial flatted factory with a basement

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).

7

How does Shaw Road price?

Strata sales on the street (5y)
3

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

8

What is near Teo Industrial Building?

Key takeawayThe nearest MRT/LRT is Tai Seng MRT, about 454 m away.

Getting around

Amenities nearby

Tai Seng Clinic · 281 mAsiawide Ind Bldg · 281 mTai Seng MRT Exit A · 344 mEducational Institution · 347 mBusiness Park · 361 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at Teo Industrial Building

Key takeawayThe nearest station is Tai Seng (CC11), 344 m away — a busy station, with about 45,000 taps in and out on an average weekday. 15 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 95% of industrial buildings

nearest MRT/LRT Tai Seng (CC11) 344 m, about 45,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 5, about 12,000 taps a weekday; Toa Payoh: 53,749 resident workers (Census 2020, by workplace); about 38,000 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

  • Tai Seng (CC11)344 m · about 45,000 weekday taps
  • Bartley (CC12)776 m · about 19,000 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 Teo Industrial Building. Transfers between lines don't tap, so interchanges read low.

Bus

5 bus stops within 400 m, with about 12,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Shaw Rd (URA)12 m
    S$0.60 per half-hour at midday on a weekday · 15 car lots
  • Harrison Rd (URA)156 m
    S$0.60 per half-hour at midday on a weekday · 4 car lots
  • Little Rd (URA)168 m
    S$0.60 per half-hour at midday on a weekday · 6 car lots
  • Joo Seng Rd (URA)176 m
    S$0.60 per half-hour at midday on a weekday · 20 car lots
  • Burn Rd (URA)200 m
    S$0.60 per half-hour at midday on a weekday · 20 car lots

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

10

Who's registered at Teo Industrial Building?

Key takeaway40 live companies (and LLPs and branches; sole proprietors are not counted) list Teo Industrial Building as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    18
  • Accommodation and food services
    6
  • Administrative and support services
    3
  • Education
    3
  • Information and communications
    2
  • Professional, scientific and technical services
    2
  • Manufacturing
    2
  • Financial and insurance
    1
  • Construction
    1
  • Other services
    1

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.

11

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$19.38 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$19.38 psm/mo
Observed range
S$5.29 – S$35.29
Pipeline on this street
1 project · earliest TOP 2028

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 Teo Industrial Building

Where is Teo Industrial Building?⌄

Teo Industrial Building is at 15 Shaw Road, Singapore 367953, in the Toa Payoh planning area.

What is Teo Industrial Building zoned as?⌄

Teo 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 Teo 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.

Have there been any recorded transactions at Teo Industrial Building?⌄

No caveats have been lodged for Teo 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 Teo Industrial Building rent for?⌄

JTC's rental returns for Shaw Road put the median at about S$1.80 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Shaw Road, not a rent quoted for Teo Industrial Building itself.

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

Tai Seng MRT is the closest, 454 m away (about a 7-minute walk).

How many businesses are registered at Teo Industrial Building?⌄

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

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