IndustrialBUSINESS 1 - WHITELeaseholdDistrict 13 · Toa Payoh

The Commerze@Irving

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2026
Quick Summary

The Commerze@Irving is a industrial building in District 13 · Toa Payoh, on land zoned BUSINESS 1 - WHITE under the URA Master Plan with a gross plot ratio of 3.5. It is leasehold with roughly 45 years remaining. 97 transactions are on record since 1995, most recently in Jun 2026. 55 units are currently listed for sale or rent. ACRA records 551 live company registrations at this address.

1

What are the key facts about The Commerze@Irving?

Key takeawayThe Commerze@Irving is a industrial building in District 13 · Toa Payoh, zoned BUSINESS 1 - WHITE, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 1 - WHITE
Gross plot ratio
3.5
Tenure
Leasehold
District / Area
District 13 · Toa Payoh
Address
1 Irving Place
Land area
Transactions on record
97 (records start 1995)
Live listings
55
ACRA registrations
551
2

About The Commerze@Irving

The Commerze@Irving is an industrial building in Toa Payoh (District 13). It is located along Irving Place, Singapore 369546.

Under the URA Master Plan the site is zoned Business 1 - White with a gross plot ratio of 3.5.

The site is leasehold, with about 45 years left to run.

97 transactions have been recorded here, at a median of S$660 psf. The most recent was in June 2026.

Across JTC's rental returns for Irving Place, the median rent for industrial space on this street works out to about S$2.36 psf per month over 37 observations. Observed medians on the street span S$2.13 to S$3.44 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 7.5 km away. The closest business-park zone is about 357 m away. The nearest MRT is Tai Seng MRT, 248 m away (about a 4-minute walk). The closest bus stop (Asiawide Ind Bldg) is 156 m away (about a 2-minute walk).

551 businesses are currently registered at this address with ACRA.

3

What is The Commerze@Irving zoned as?

Key takeawayThe Commerze@Irving sits on land zoned BUSINESS 1 - WHITE with a gross plot ratio of 3.5.
Land-use zone
BUSINESS 1 - WHITE
Gross plot ratio
3.5

Run the full zoning report for this building →

4

What has The Commerze@Irving sold for?

Key takeawayAcross 97 recorded transactions since 1995, the median price is about S$714k, most recently in Jun 2026.
DateUsePriceAreaPSF
Jun 2026Multiple-user FactoryS$796k1,066 sqft$747
Apr 2026Multiple-user FactoryS$1.25M1,690 sqft$740
Apr 2026Multiple-user FactoryS$795k1,055 sqft$754
Feb 2026Multiple-user FactoryS$753k1,033 sqft$728
Aug 2025Multiple-user FactoryS$760k1,033 sqft$735
Jun 2025Multiple-user FactoryS$745k1,012 sqft$736
May 2025Multiple-user FactoryS$710k1,033 sqft$687
Jan 2025Multiple-user FactoryS$838k1,281 sqft$654
Dec 2024Multiple-user FactoryS$705k1,066 sqft$662
Nov 2024Multiple-user FactoryS$1.00M1,690 sqft$592

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 Irving Place price?

Key takeawayIrving Place's current JTC street rent is S$32.81 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 5.3% (4.7% net of property tax).
Strata sales on the street (5y)
30
Street median PSF (strata)
$685
Indicative street yield
5.3% gross
4.7% 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 available at The Commerze@Irving right now?

Key takeaway55 units are currently listed at The Commerze@Irving33 for sale and 22 for rent. One row per unit; several agents often market the same unit.

For sale (33)

  • The Commerze @ Irving5 agentsS$550k · 431 sqft
  • The Commerze @ Irving2 agentsS$1.10M · 1,378 sqft
  • The Commerze @ IrvingS$480k · 431 sqft
  • The Commerze @ Irving2 agentsS$650k · 431 sqft

For rent (22)

  • The Commerze @ Irving2 agentsS$3k/mo · 431 sqft
  • The Commerze @ IrvingS$5k/mo · 377 sqft
  • The Commerze @ Irving2 agentsS$2k/mo · 386 sqft
  • The Commerze @ IrvingS$1k/mo · 280 sqft

Browse every listing at this building →

7

What is near The Commerze@Irving?

Key takeawayThe nearest MRT/LRT is Tai Seng MRT, about 248 m away.

Getting around

Amenities nearby

Tai Seng MRT Exit A · 136 mAsiawide Ind Bldg · 156 mThe Clinic @ Tai Seng · 268 mBusiness Park · 357 mPlace Of Worship · 401 mPaya Lebar Road Park · 444 mEducational Institution · 493 mHotel · 855 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at The Commerze@Irving?

Key takeawayACRA records 551 live company registrations at this address, 196 of them in the last three years.
Live registrations
551
Registered last 3 years
196

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.

9

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$25.39 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$25.39 psm/mo
Observed range
S$22.88 – S$36.98

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.

10

Frequently asked questions about The Commerze@Irving

Where is The Commerze@Irving?

The Commerze@Irving is at 1 Irving Place, Singapore 369546, in the Toa Payoh planning area.

What is The Commerze@Irving zoned as?

The Commerze@Irving is zoned Business 1 - White under the URA Master Plan, with a gross plot ratio of 3.5.

What is the tenure of The Commerze@Irving?

The Commerze@Irving is leasehold. About 45 years remain on the lease.

What have units at The Commerze@Irving sold for?

Across 97 recorded transactions, the median is S$660 psf. The latest was in June 2026.

What does industrial space near The Commerze@Irving rent for?

JTC's rental returns for Irving Place put the median at about S$2.36 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Irving Place, not a rent quoted for The Commerze@Irving itself.

What is the nearest MRT station to The Commerze@Irving?

Tai Seng MRT is the closest, 248 m away (about a 4-minute walk).

How many businesses are registered at The Commerze@Irving?

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

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