Yi Guang Factory Building

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

Completed

Not on record

Storeys

11 (© OpenStreetMap contributors)

Strata units (MCST)

71

Managing agent

ASIA PROPERTIES INTEGRATED SERVICES PTE LTD

Strata formed

1984 (MCST 0821)

Units with a recorded sale

At least 43

Listed as

Light Industrial (B1), Warehouse, Office

Transactions on record

57 (records start 1995)

Live listings

15

ACRA registrations

178

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.

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Run the full zoning report for this building →

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

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.

1. 19 Aug 2026ApprovedFloor 8
   Change of use to core media

   Proposed change of use of unit #08-XX to core media

2. 16 Mar 2026RenewedFloor 2
   Continued use as carpentry workshop

   Continued use of unit #02-XX as carpentry workshop

3. 21 Jan 2025RenewedFloor 4
   Continued use as general industrial factory

   Continued use of the light industrial factory unit #04-XX as general industrial factory (carpentry workshop)

4. 24 Jan 2024RenewedFloor 5
   Continued use as core media activities

   Continued use of the 5th storey factory unit #05-XX as core media activities

5. 20 Apr 2023ApprovedFloor 2
   Change of use to carpentry workshop

   Proposed change of use of unit #02-XX to carpentry workshop

6. 19 Apr 2023ApprovedFloor 9
   Change of use to food processing

   Proposed change of use of unit #09-XX to food processing

7. 31 Mar 2022ApprovedFloor 5
   Change of use to music production and recording studio

   Change of use of the 5th storey factory unit #05-XX to music production and recording studio

8. 5 Jan 2022RenewedFloor 4
   Continued use as general industrial factory

   Continued use of the light industrial factory unit #04-XX as general industrial factory (carpentry workshop)

9. 3 Jan 2019RenewedFloor 4
   Continued use as general industrial factory

   Continued use of the light industrial factory unit #04-XX as general industrial factory (carpentry workshop)

10. 13 Jan 2016RenewedFloor 4
    Continued use as general industrial factory

    Continued use of the light industrial factory unit #04-XX as general industrial factory (carpentry workshop)

11. 2 Sept 2013RenewedFloor 4
    Continued use as general industry

    Continued use of the light industrial factory unit (#04-XX) as general industry (carpentry workshop, designing and printing area and ancillary office)

12. 30 Apr 2013RenewedFloor 7
    Continued use as workshop for making altars fiberglass

    Continued use of the light industrial factory unit (#07-XX) as workshop for making altars fiberglass

18 earlier change-of-use and A&A decisions are on record since 2000.

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).

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.

Browse every listing at this building →

Straight-line distances. Source: PropKaki amenities data.

• Wholesale and retail trade
  49
• Professional, scientific and technical services
  27
• Financial and insurance
  25
• Construction
  25
• Manufacturing
  19
• Information and communications
  6
• Accommodation and food services
  6
• Transportation and storage
  5
• Other services
  5
• Health and social services
  5

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.

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.