Yew Lee Building
Yew Lee Building is a industrial building in District 19 · Hougang, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 1 transaction is on record since 1995, most recently in Aug 2021. ACRA records 2 live company registrations at this address.
What are the key facts about Yew Lee Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 19 · Hougang
- Address
- 17 Tai Seng Drive
- Land area
- 3,169 sqm
- Completed
- Not on record
- Storeys
- 6 (© OpenStreetMap contributors)
- Estate (JTC)
- Tai Seng Industrial Estate
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 2
About Yew Lee Building
Yew Lee Building is an industrial building in Hougang (District 19). It is located along Tai Seng Drive, Singapore 535221.
Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
The site is leasehold, with about 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 3,169 sqm of land with roughly 7,922 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$586 psf. The most recent was in August 2021.
Across JTC's rental returns for Tai Seng Drive, the median rent for industrial space on this street works out to about S$1.50 psf per month over 38 observations. Observed medians on the street span S$0.46 to S$3.00 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 8.0 km away. The closest business-park zone is about 575 m away. The nearest MRT is Tai Seng MRT, 691 m away (about a 11-minute walk). The closest bus stop (Opp Comfort Test Ctr) is 122 m away (about a 2-minute walk).
3 businesses are currently registered at this address with ACRA.
What is Yew Lee Building zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
What has Yew Lee Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Aug 2021 | Multiple-user Factory | S$20.00M | 34,110 sqft | $586 |
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
Market context around Yew Lee Building
- 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
- 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
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.
What's been approved at Yew Lee Building?
- 11 Dec 2009ApprovedAdditions & alterations
Proposed additions & alterations to the existing 6-storey single user factory
- 30 Dec 2008ApprovedAdditions & alterations
Proposed alteration and additions & change of use part of existing factory to ancillary office at 3rd storey to the existing 6-storey single user factory
- 14 Feb 2002ApprovedAdditions & alterations
Proposed alterations / additions to the existing 6-storey sinlge-user factory
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).
What is near Yew Lee Building?
Getting around
- Tai Seng MRT691 m · ~11 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Yew Lee Building
nearest MRT/LRT Tai Seng (CC11) 682 m, about 45,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 6, about 3,566 taps a weekday; Hougang: 43,772 resident workers (Census 2020, by workplace); about 21,000 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)682 m · about 45,000 weekday taps
- Ubi (DT27)988 m · about 22,000 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 Yew Lee Building. Transfers between lines don't tap, so interchanges read low.
Bus
6 bus stops within 400 m, with 3,566 boardings and alightings on an average weekday.
Public car parks within 500 m
- Tai Seng Drive (URA)105 mS$0.60 per half-hour at midday on a weekday · 8 car lots
- Ubi Avenue 4 (JTC)297 m
- Ubi Ave 4 (URA)355 mS$0.60 per half-hour at midday on a weekday · 10 car lots
- Defu Lane 12 (JTC)371 m
- Tai Seng Ave (URA)449 mS$0.60 per half-hour at midday on a weekday · 47 car lots
Public car parks only, by straight-line distance, with the operator's published rates. Yew Lee Building's own car park, if it has one, and its charges are not in the open data.
Who's registered at Yew Lee Building?
- Manufacturing2
- Construction0
- Professional, scientific and technical services0
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?
- Street rent, median
- S$16.15 psm/mo
- Observed range
- S$4.91 – S$32.25
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 Yew Lee Building
Where is Yew Lee Building?⌄
Yew Lee Building is at 17 Tai Seng Drive, Singapore 535221, in the Hougang planning area.
What is Yew Lee Building zoned as?⌄
Yew Lee Building is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
What kind of business can operate at Yew Lee Building?⌄
Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades. The specific trade still has to be approved, so check the permissible-use list for your activity.
What is the tenure of Yew Lee Building?⌄
Yew Lee Building is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at Yew Lee Building sold for?⌄
Across 1 recorded transaction, the median is S$586 psf. The latest was in August 2021.
What does industrial space near Yew Lee Building rent for?⌄
JTC's rental returns for Tai Seng Drive 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 Tai Seng Drive, not a rent quoted for Yew Lee Building itself.
What is the nearest MRT station to Yew Lee Building?⌄
Tai Seng MRT is the closest, 691 m away (about a 11-minute walk).
How many businesses are registered at Yew Lee Building?⌄
3 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 Yew Lee Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
