Victory Building
Victory 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 with roughly 63 years remaining. 2 transactions are on record since 1995, most recently in Jul 2007. ACRA records 1 live company registration at this address.
What are the key facts about Victory Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 19 · Hougang
- Address
- 111 Defu Lane 10
- Land area
- 3,882 sqm
- Transactions on record
- 2 (records start 1995)
- Live listings
- None
- ACRA registrations
- 1
About Victory Building
Victory Building is an industrial building in Hougang (District 19). It is located along Defu Lane 10, Singapore 539226.
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 63 years left to run. It sits on about 3,882 sqm of land with roughly 9,705 sqm of gross floor area.
2 transactions have been recorded here, at a median of S$147 psf. The most recent was in July 2007.
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 6.4 km away. The closest business-park zone is about 1.4 km away. The nearest MRT is Kovan MRT Exit C, 960 m away (about a 15-minute walk). The closest bus stop (Opp Blk 106) is 158 m away (about a 2-minute walk).
1 business is currently registered at this address with ACRA.
What is Victory Building zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has Victory Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jul 2007 | Single-user Factory | S$6.13M | 41,785 sqft | $147 |
| Jun 2007 | Single-user Factory | S$6.13M | 41,785 sqft | $147 |
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.
What is near Victory Building?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Victory Building?
- Live registrations
- 1
- Registered last 3 years
- 1
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$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 Victory Building
Where is Victory Building?⌄
Victory Building is at 111 Defu Lane 10, Singapore 539226, in the Hougang planning area.
What is Victory Building zoned as?⌄
Victory 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 Victory 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 Victory Building?⌄
Victory Building is leasehold. About 63 years remain on the lease.
What have units at Victory Building sold for?⌄
Across 2 recorded transactions, the median is S$147 psf. The latest was in July 2007.
What does industrial space near Victory 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 Victory Building itself.
What is the nearest MRT station to Victory Building?⌄
Kovan MRT Exit C is the closest, 960 m away (about a 15-minute walk).
How many businesses are registered at Victory Building?⌄
1 business is currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on Victory Building.
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.