CommercialBUSINESS PARK - WHITELeaseholdDistrict 16 · Tampines

Changi City Point

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2023
Quick Summary

Changi City Point is a commercial building in District 16 · Tampines, on land zoned BUSINESS PARK - WHITE under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 43 years remaining. 1 transaction is on record since 1995, most recently in Aug 2023. 19 units are currently listed for sale or rent. ACRA records 12 live company registrations at this address.

1

What are the key facts about Changi City Point?

Key takeawayChangi City Point is a commercial building in District 16 · Tampines, zoned BUSINESS PARK - WHITE, held leasehold.
Asset class
Commercial
Land-use zone
BUSINESS PARK - WHITE
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 16 · Tampines
Address
5 Changi Business Park Central 1
Land area
46,969 sqm
Completed
Not on record
Storeys
2 (© OpenStreetMap contributors)
Developer
Ascendas Land (Singapore) and Frasers Centrepoint (per CommercialGuru)
Strata units (MCST)
3
Managing agent
XIAOHONG PROPERTY MANAGEMENT PTE. LTD.
Strata formed
2014 (MCST 4046)
Estate (JTC)
Changi Business Park
Submarket
Suburban
Listed as
Food & Beverage, Shop / Shophouse, Business / Science Park
Transactions on record
1 (records start 1995)
Live listings
19
ACRA registrations
12
2

Who owns Changi City Point, and what is it valued at?

Key takeawayNo REIT or listed company holds Changi City Point today on its latest filings. Earlier SGX filings about it are below, each with its date.
Valued at S$325 million as at 31 Jul 2023, by Savills.
Based on independent valuation of the Property conducted by Savills, commissioned jointly by the Company and HSBC Institutional Trust Services (Singapore) Limited (in its capacity as trustee of FCT), in connection with the divestment of Changi City Point to an unrelated third party.
Whole-building deals
  1. Announced 29 Aug 2023
    Trustee sold Changi City Point for S$338 million (divestment price) to Purchaser.
    At the time: NLA 208,453 sq ft

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

3

About Changi City Point

Changi City Point is a commercial building in Tampines (District 16). It is located along Changi Business Park Central 1, Singapore 486038.

Under the URA Master Plan it sits on land zoned business park - white with a gross plot ratio of 2.5.

The site is leasehold, with about 43 years remaining on the lease. It occupies roughly 46,969 sqm of land with about 118,523 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$510 psf. The most recent was in August 2023.

15 businesses are currently registered at this address with ACRA.

The nearest MRT is Expo MRT, 163 m away (about a 2-minute walk). The closest bus stop (Changi City Pt) is 125 m away (about a 2-minute walk).

4

What is Changi City Point zoned as?

Key takeawayChangi City Point sits on land zoned BUSINESS PARK - WHITE with a gross plot ratio of 2.5.
Land-use zone
BUSINESS PARK - WHITE
Gross plot ratio
2.5
BCA-verified envelope: allowable GFA 117,422 sqm · built 28,463 sqm · headroom 88,959 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

5

What has Changi City Point sold for?

Key takeaway1 transaction is on record since 1995, most recently in Aug 2023 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2023RetailS$338.00M662,104 sqft$510

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

6

What does space at Changi City Point rent for?

Key takeawayNo rent is published for Changi City Point itself. On its street, Changi Business Park Central 1, retail space rented at a median of $14.19 psf a month in 2026Q3, with the middle half of leases between $11.12 and $19.73. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Changi Business Park Central 1

Street level · 2026Q3
25th pct
$11.12
$119.69 psm
Median
$14.19
$152.78 psm
75th pct
$19.73
$212.34 psm

S$ per sq ft per month · median -24.9% on a year earlier

2023Q4 · $170.68 psm2026Q3 · $152.78 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 16 retail

Region band · 2026Q3
25th pct
$9.63
$103.71 psm
Median
$13.41
$144.37 psm
75th pct
$19.91
$214.29 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 16 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

7

Market context around Changi City Point

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026
  • Suburban: Rent S$32.95 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m sq ft
Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% 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.

8

How fast units move at Changi City Point

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 18 units for rent; 1 unit for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 1 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 0 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.

9

What's been approved at Changi City Point?

Key takeawayURA has approved 20 changes of use at Changi City Point since 2000, most recently in 2023. 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.
  1. 22 Jan 2026Approved
    Additions & alterations

    Proposed additions & alterations and change of use to existing 3-storey retail podium with a basement

  2. 28 Dec 2023RenewedFloor 7
    Continued use as ancillary staff refreshment area

    Continued use of part 7th storey business park (unit #07-XX) as ancillary staff refreshment area at existing 9-storey business park building - one@changi city

  3. 23 Aug 2023ApprovedFloor B1
    Change of use: restaurant → event space, dining area

    Proposed change of use from restaurant to event space, dining area (for #B1-XX) and cooridor and from corridor to dining area (for #B1-XX)

  4. 30 Jun 2023ApprovedFloor 1
    Change of use: cafeteria → part shop and part circulation space

    Proposed change of use of existing circulation space to shop as an expansion of shop units #01-XX to #01-XX and change of use of unit #01-XX from cafeteria to part shop and part circulation space

  5. 25 Apr 2023ApprovedFloor 1
    Change of use: kisok and circulation space → restaurant

    Proposed change of use and expansion of units #01-XX and #01-XX from kisok and circulation space to restaurant and unit #01-XX as restaurant

  6. 9 Feb 2023ApprovedFloor B1
    Change of use: event space → shop

    Proposed change of use of unit #B1-XX from event space to shop

  7. 7 Feb 2023ApprovedFloor 2
    Change of use: food court → gym/fitness centre

    Proposed change of use of unit #02-XX from food court to gym/fitness centre

  8. 1 Mar 2022ApprovedFloor 2
    Change of use to fitness centre

    Proposed change of use of units #02-XX, #02-XX & #02-XX to fitness centre

  9. 15 Dec 2021RenewedFloor 7
    Continued use as ancillary staff refreshment area

    Continued use of part 7th storey business park (unit #07-XX) as ancillary staff refreshment area at existing 9-storey business park building - one @ changi city

  10. 5 Oct 2021ApprovedFloor 1
    Change of use to cafe

    Proposed change of use of unit #01-XX to cafe

  11. 19 Dec 2019ApprovedFloor 2
    Change of use to amusement centre

    Proposed change of use of unit #02-XX to amusement centre

  12. 15 Oct 2019ApprovedFloor 2
    Change of use to amusement centre

    Proposed change of use of unit #02-XX to amusement centre

14 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).

10

How does Changi Business Park Central 1 price?

Strata sales on the street (5y)
1

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

11

What do commercial rents run near Changi City Point?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 16 retail

Gross yield (area)
6.5%
5.8% net of property tax
Rent side (median of bands)
$144.37 psm/mo
2026Q3
Price side (strata, 5y)
$2,484 psf
23 sales

An INDICATIVE AREA yield for District 16 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 16 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$97.62$105.00$122.84
B1 & Below · >30 - 100$286.15$302.39$317.22
Level 1 · >30 - 100$109.80$151.19$224.75
Level 1 · >100 - 300$92.46$137.54$203.82

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

12

What is available at Changi City Point right now?

Key takeaway19 units are currently listed at Changi City Point — 1 for sale and 18 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • Changi Tampines Building Well Fitted Prominent Spacious 东部大楼出售S$17.50M · 70,000 sqft

For rent (18)

  • Changi City PointS$42k/mo · 1,662 sqft
  • Changi City PointS$60k/mo · 2,300 sqft
  • Changi City PointS$36k/mo · 1,400 sqft
  • Changi City PointS$38k/mo · 1,462 sqft

Browse every listing at this building →

13

What is near Changi City Point?

Key takeawayThe nearest MRT/LRT is Expo MRT, about 163 m away — and 1 competing retail premises operate nearby.

Getting around

Amenities nearby

Business Park - White · 0 mExpo MRT Exit F · 75 mChangi City Pt · 125 mParkway Shenton Medical Group (Changi Business Park Crescent) · 148 mEducational Institution · 637 mPlace Of Worship · 815 mPort / Airport · 1.3 km

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

L M Meat Pte. Ltd · 6 m

Straight-line distances. Source: PropKaki amenities data.

14

Getting there and parking at Changi City Point

Key takeawayThe nearest station is Expo (CG1 / DT35), 75 m away — a moderately busy station, with about 32,000 taps in and out on an average weekday. One public car park is within 500 m.
Foot traffic: busier than 24% of retail buildings

nearest MRT/LRT Expo (CG1/DT35) 75 m, about 32,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 9, about 6,881 taps a weekday; Tampines: 84,200 resident workers (Census 2020, by workplace); about 7,394 residents within 1 km (June 2026); 0 other malls within 1 km. Ranked against 12,856 retail 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, and competing malls), not a count of people.

Stations within 1 km

  • Expo (CG1 / DT35)75 m · about 32,000 weekday taps
  • Upper Changi (DT34)785 m · about 12,000 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 Changi City Point. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with 6,881 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Changi South St 2 (URA)313 m
    S$0.60 per half-hour at midday on a weekday · 77 car lots

Nearest URA season parking: Changi South Lane, 1.2 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Changi City Point's own car park, if it has one, and its charges are not in the open data.

15

Who's registered at Changi City Point?

Key takeaway12 live companies (and LLPs and branches; sole proprietors are not counted) list Changi City Point as their registered address. These are registered businesses, not who occupies the space.
  • Accommodation and food services
    5
  • Wholesale and retail trade
    4
  • Health and social services
    2
  • Education
    1
  • Other services
    0
  • Information and communications
    0

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.

16

What is Changi City Point's BCA building profile?

BCA building type
Retail
Green Mark
GoldPlus (2011)
Energy use intensity
487 kWh/m²·yr
17

Frequently asked questions about Changi City Point

Where is Changi City Point?⌄

Changi City Point is at 5 Changi Business Park Central 1, Singapore 486038, in the Tampines planning area.

What is Changi City Point zoned as?⌄

Changi City Point sits on land zoned business park - white under the URA Master Plan, with a gross plot ratio of 2.5.

What is the tenure of Changi City Point?⌄

Changi City Point is leasehold. About 43 years remain on the lease.

What have units at Changi City Point sold for?⌄

Across 1 recorded transaction, the median price is S$510 psf. The latest was in August 2023.

What is the nearest MRT station to Changi City Point?⌄

Expo MRT is the closest, 163 m away (about a 2-minute walk).

How many businesses are registered at Changi City Point?⌄

15 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

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