IndustrialBUSINESS 1FreeholdDistrict 13 · Geylang

Tong Lee Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2026

Quick Summary

Tong Lee 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. 107 transactions are on record since 1995, at a median S$435 psf, most recently in Jul 2026. 42 units are currently listed for rent. ACRA records 167 live company registrations at this address.

The facts are here — now get the verdict on Tong Lee Building.

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What are the key facts about Tong Lee Building?

Key takeawayTong Lee Building is a industrial building in District 13 · Geylang, zoned BUSINESS 1, held freehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Freehold
District / Area: District 13 · Geylang
Address: 35 Kallang Pudding Road
Land area: 11,678 sqm
Completed: Not on record
Storeys: Not on record
Strata units (MCST): 187
Managing agent: ABSOLUT PROPERTIES PTE LTD
Strata formed: 1987 (MCST 1237)
Units with a recorded sale: At least 64
Listed as: Light Industrial (B1), Office
Transactions on record: 107 (records start 1995)
Live listings: 42
ACRA registrations: 167

About Tong Lee Building

Tong Lee Building is an industrial building in Geylang (District 13). It is located along Kallang Pudding Road, Singapore 349314.

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 11,678 sqm of land with roughly 29,194 sqm of gross floor area.

106 transactions have been recorded here, at a median of S$430 psf. The most recent was in April 2026.

Across JTC's rental returns for Kallang Pudding Road, the median rent for industrial space on this street works out to about S$1.80 psf per month over 106 observations. Observed medians on the street span S$0.85 to S$2.59 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 6.6 km away. The closest business-park zone is about 1.4 km away. The nearest MRT is Mattar MRT, 655 m away (about a 10-minute walk). The closest bus stop (Cencon Bldg) is 101 m away (about a 2-minute walk).

228 businesses are currently registered at this address with ACRA.

What is Tong Lee Building zoned as?

Key takeawayTong Lee 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 Tong Lee Building sold for?

Key takeawayAcross 107 recorded transactions since 1995, the median price is about S$825k, most recently in Jul 2026.

Date	Use	Price	Area	PSF
Jul 2026	Multiple-user Factory	S$915k	904 sqft	$1,012
Apr 2026	Multiple-user Factory	S$880k	904 sqft	$973
Feb 2026	Multiple-user Factory	S$2.06M	2,874 sqft	$717
Dec 2025	Multiple-user Factory	S$2.05M	2,820 sqft	$728
Dec 2025	Multiple-user Factory	S$1.02M	1,141 sqft	$893
Sept 2025	Multiple-user Factory	S$830k	904 sqft	$918
Jun 2025	Multiple-user Factory	S$2.18M	2,982 sqft	$730
May 2025	Multiple-user Factory	S$800k	904 sqft	$885
Apr 2025	Multiple-user Factory	S$825k	915 sqft	$902
Mar 2025	Multiple-user Factory	S$952k	1,141 sqft	$834

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 Tong Lee Building rent for?

Key takeawayJTC publishes leases at Tong Lee Building itself: strata factory space leased at a median of $2.20 psf a month in 2026Q3, with the middle half of leases between $1.92 and $2.38. That is the building's figure across its leases, and never a quote for a particular unit.

Strata factory space in this building

This building · 2026Q3

25th pct

$1.92

$20.71 psm

Median

$2.20

$23.64 psm

75th pct

$2.38

$25.60 psm

S$ per sq ft per month · median +4% on a year earlier

2023Q4 · $19.87 psm2026Q3 · $23.64 psm median

JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.

Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.

Strata factory space on Kallang Pudding Road

Street level · 2026Q3

25th pct

—

— psm

Median

$2.42

$26.10 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +3.8% on a year earlier

2023Q4 · $21.86 psm2026Q3 · $26.10 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 Tong Lee 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.

How fast units move at Tong Lee Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 42 units for rent; 0 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 8 new listings appeared and 3 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Tong Lee Building?

Key takeawayURA has approved 2 changes of use at Tong Lee Building since 2000, most recently in 2021. 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.

15 Dec 2021ApprovedFloor 4
Change of use to warehouse
Proposed change of use of unit #04-XX to warehouse
10 Nov 2008ApprovedFloor 10
Change of use: canteen → factory unit
Change of use of unit #10-XX from canteen to factory unit (light industrial) with ancillary office at block 'a'

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).

How does Kallang Pudding Road price?

Key takeawayKallang Pudding Road's current JTC street rent is S$26.10 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 3.7% (3.3% net of property tax).

Strata sales on the street (5y)

111

Street median PSF (strata)

$804

Indicative street yield

3.7% gross

3.3% 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.

What is available at Tong Lee Building right now?

Key takeaway42 units are currently listed at Tong Lee Building. One row per unit; several agents often market the same unit.

For rent (42)

Tong Lee BuildingS$240/mo · 50 sqft
Tong Lee Building Block AS$6k/mo · 3,046 sqft
Tong Lee Building Block AS$7k/mo · 2,874 sqft
Tong Lee Building Block AS$7k/mo · 3,600 sqft

Browse every listing at this building →

What is near Tong Lee Building?

Key takeawayThe nearest MRT/LRT is Mattar MRT, about 655 m away.

Getting around

Mattar MRT655 m · ~10 min

Amenities nearby

Cencon Bldg · 101 mCircuit Medical Clinic · 108 mEducational Institution · 420 mMattar MRT Exit A · 585 mBlks 79/79A Circuit Road · 846 mBusiness Park · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Tong Lee Building

Key takeawayThe nearest station is Mattar (DT25), 585 m away — a quiet station, with 9,848 taps in and out on an average weekday. 10 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 86% of industrial buildings

nearest MRT/LRT Mattar (DT25) 585 m, about 9,848 taps a weekday; bus stops within 400 m: 9, about 15,000 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

Mattar (DT25)585 m · 9,848 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 Tong Lee Building. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with about 15,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Tannery Lane (URA)265 m
S$0.60 per half-hour at midday on a weekday · 36 car lots
Happy Ave North (URA)279 m
S$0.60 per half-hour at midday on a weekday · 7 car lots
Soon Wing Rd (URA)354 m
S$0.60 per half-hour at midday on a weekday · 10 car lots
Lor Pendek (URA)393 m
S$0.60 per half-hour at midday on a weekday · 4 car lots
Genting Rd (URA)403 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. Tong Lee Building's own car park, if it has one, and its charges are not in the open data.

Who's registered at Tong Lee Building?

Key takeaway167 live companies (and LLPs and branches; sole proprietors are not counted) list Tong Lee Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
50
Construction
48
Manufacturing
16
Professional, scientific and technical services
14
Information and communications
11
Administrative and support services
11
Transportation and storage
4
Accommodation and food services
3
Real estate
3
Financial and insurance
2

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$19.41 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$19.41 psm/mo
Observed range: S$9.15 – S$27.93

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 Tong Lee Building

Where is Tong Lee Building?⌄

Tong Lee Building is at 35 Kallang Pudding Road, Singapore 349314, in the Geylang planning area.

What is Tong Lee Building zoned as?⌄

Tong Lee 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 Tong Lee 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 Tong Lee Building?⌄

Tong Lee Building is freehold.

What have units at Tong Lee Building sold for?⌄

Across 106 recorded transactions, the median is S$430 psf. The latest was in April 2026.

What does industrial space near Tong Lee Building rent for?⌄

JTC's rental returns for Kallang Pudding 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 Kallang Pudding Road, not a rent quoted for Tong Lee Building itself.

What is the nearest MRT station to Tong Lee Building?⌄

Mattar MRT is the closest, 655 m away (about a 10-minute walk).

How many businesses are registered at Tong Lee Building?⌄

228 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.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

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 BCA's MCST register, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, 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.