PropKaki
IndustrialBUSINESS 1FreeholdDistrict 14 · Geylang

Yi Guang Factory Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Nov 2024
Quick Summary

Yi Guang Factory Building is a industrial building in District 14 · Geylang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 57 transactions are on record since 1995, most recently in Nov 2024. 13 units are currently listed for sale or rent. ACRA records 213 live company registrations at this address.

The facts are here — now get the verdict on Yi Guang Factory Building.Ask PropKaki
1

What are the key facts about Yi Guang Factory Building?

Key takeawayYi Guang Factory Building is a industrial building in District 14 · Geylang, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 14 · Geylang
Address
180 Paya Lebar Road
Land area
4,525 sqm
Transactions on record
57 (records start 1995)
Live listings
13
ACRA registrations
213
2

About Yi Guang Factory Building

Yi Guang Factory Building is an industrial building in Geylang (District 14). It is located along Paya Lebar Road, Singapore 409032.

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 4,525 sqm of land with roughly 11,313 sqm of gross floor area.

57 transactions have been recorded here, at a median of S$505 psf. The most recent was in November 2024.

Across JTC's rental returns for Paya Lebar Road, the median rent for industrial space on this street works out to about S$2.03 psf per month over 106 observations. Observed medians on the street span S$0.82 to S$3.35 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 7.1 km away. The closest business-park zone is about 1.0 km away. The nearest MRT is Tai Seng MRT, 508 m away (about a 8-minute walk). The closest bus stop (Le Crescendo) is 76 m away (about a 1-minute walk).

213 businesses are currently registered at this address with ACRA.

3

What is Yi Guang Factory Building zoned as?

Key takeawayYi Guang Factory 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 →

4

What has Yi Guang Factory Building sold for?

Key takeawayAcross 57 recorded transactions since 1995, the median price is about S$1.06M, most recently in Nov 2024.
DateUsePriceAreaPSF
Nov 2024Multiple-user FactoryS$2.50M3,122 sqft$801
Oct 2024Multiple-user FactoryS$1.45M1,636 sqft$886
Aug 2024Multiple-user FactoryS$1.43M1,668 sqft$860
Aug 2024Multiple-user FactoryS$1.62M1,884 sqft$860
Nov 2023Multiple-user FactoryS$1.93M2,390 sqft$808
Oct 2023Multiple-user FactoryS$1.40M1,636 sqft$856
Aug 2023Multiple-user FactoryS$1.63M1,991 sqft$820
Aug 2023Multiple-user FactoryS$1.50M1,884 sqft$796
Apr 2023Multiple-user FactoryS$2.45M2,304 sqft$1,064
Feb 2023Multiple-user FactoryS$1.85M2,390 sqft$774

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 Paya Lebar Road price?

Key takeawayPaya Lebar Road's current JTC street rent is S$35.95 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 3.1% (2.8% net of property tax).
Strata sales on the street (5y)
81
Street median PSF (strata)
$1,282
Indicative street yield
3.1% gross
2.8% 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 Yi Guang Factory Building right now?

Key takeaway13 units are currently listed at Yi Guang Factory Building — 1 for sale and 12 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • Yi Guang Factory Building2 agentsS$3.28M · 3,122 sqft

For rent (12)

  • Grd floor High Ceiling near Paya LabaS$5k/mo · 1,050 sqft
  • Yi Guang Factory BuildingS$5k/mo · 2,000 sqft
  • Yi Guang Factory Building2 agentsS$2k/mo · 230 sqft
  • Yi Guang Factory BuildingS$1k/mo · 400 sqft

Browse every listing at this building →

7

What is near Yi Guang Factory Building?

Key takeawayThe nearest MRT/LRT is Tai Seng MRT, about 508 m away.

Getting around

Amenities nearby

Le Crescendo · 76 mEducational Institution · 138 mLifecare Medical Centre · 399 mTai Seng MRT Exit B · 463 mBlk 80 Circuit Road · 465 mBusiness Park · 1.0 km

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Yi Guang Factory Building?

Key takeawayACRA records 213 live company registrations at this address, 42 of them in the last three years.
Live registrations
213
Registered last 3 years
42

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$21.84 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$21.84 psm/mo
Observed range
S$8.80 – S$36.10

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 Yi Guang Factory Building

Where is Yi Guang Factory Building?⌄

Yi Guang Factory Building is at 180 Paya Lebar Road, Singapore 409032, in the Geylang planning area.

What is Yi Guang Factory Building zoned as?⌄

Yi Guang Factory 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 Yi Guang Factory 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 Yi Guang Factory Building?⌄

Yi Guang Factory Building is freehold.

What have units at Yi Guang Factory Building sold for?⌄

Across 57 recorded transactions, the median is S$505 psf. The latest was in November 2024.

What does industrial space near Yi Guang Factory Building rent for?⌄

JTC's rental returns for Paya Lebar Road put the median at about S$2.03 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Paya Lebar Road, not a rent quoted for Yi Guang Factory Building itself.

What is the nearest MRT station to Yi Guang Factory Building?⌄

Tai Seng MRT is the closest, 508 m away (about a 8-minute walk).

How many businesses are registered at Yi Guang Factory Building?⌄

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

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