The Commerze@Irving
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. 98 transactions are on record since 1995, at a median S$660 psf, most recently in Aug 2026. 51 units are currently listed for sale or rent. ACRA records 551 live company registrations at this address.
What are the key facts about The Commerze@Irving?
- 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
- 98 (records start 1995)
- Live listings
- 51
- ACRA registrations
- 551
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.
What is The Commerze@Irving zoned as?
- Land-use zone
- BUSINESS 1 - WHITE
- Gross plot ratio
- 3.5
What has The Commerze@Irving sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Aug 2026 | Multiple-user Factory | S$795k | 1,033 sqft | $769 |
| Jun 2026 | Multiple-user Factory | S$796k | 1,066 sqft | $747 |
| Apr 2026 | Multiple-user Factory | S$1.25M | 1,690 sqft | $740 |
| Apr 2026 | Multiple-user Factory | S$795k | 1,055 sqft | $754 |
| Feb 2026 | Multiple-user Factory | S$753k | 1,033 sqft | $728 |
| Aug 2025 | Multiple-user Factory | S$760k | 1,033 sqft | $735 |
| Jun 2025 | Multiple-user Factory | S$745k | 1,012 sqft | $736 |
| May 2025 | Multiple-user Factory | S$710k | 1,033 sqft | $687 |
| Jan 2025 | Multiple-user Factory | S$838k | 1,281 sqft | $654 |
| Dec 2024 | Multiple-user Factory | S$705k | 1,066 sqft | $662 |
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.
How does Irving Place 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 available at The Commerze@Irving right now?
For sale (32)
- The Commerze@IrvingS$1.59M · 1,162 sqft
- The Commerze @ IrvingS$480k · 248 sqft
- The Commerze @ IrvingS$680k · 380 sqft
- The Commerze @ IrvingS$700k · 366 sqft
For rent (19)
- The Commerze@IrvingS$3k/mo · 409 sqft
- The Commerze @ IrvingS$3k/mo · 410 sqft
- The Commerze @ IrvingS$3k/mo · 408 sqft
- The Commerze @ IrvingS$2k/mo · 390 sqft
What is near The Commerze@Irving?
Getting around
- Tai Seng MRT248 m · ~4 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at The Commerze@Irving?
- 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.
What does industrial space rent for on this street?
- 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.
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.
The facts are here — now get the verdict on The Commerze@Irving.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.