IndustrialBUSINESS 2LeaseholdDistrict 22 · Tuas

23 Tuas South Street 1

Reviewed by Nathan TangUpdated 8 November 2026Data through Mar 2020
Quick Summary

23 Tuas South Street 1 is a industrial building in District 22 · Tuas, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.4. It is leasehold with roughly 1 years remaining. 1 transaction is on record since 1995, most recently in Mar 2020. ACRA records 4 live company registrations at this address.

1

What are the key facts about 23 Tuas South Street 1?

Key takeaway23 Tuas South Street 1 is a industrial building in District 22 · Tuas, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
1.4
Tenure
Leasehold
District / Area
District 22 · Tuas
Address
23 Tuas South Street 1
Land area
—
Completed
Not on record
Storeys
Not on record
Estate (JTC)
Tuas View Industrial Estate
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
4
2

About 23 Tuas South Street 1

23 Tuas South Street 1 is an industrial property in Tuas (District 22). It is located along Tuas South Street 1, Singapore 638033.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 1 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

1 transaction has been recorded here, at a median of S$111 psf. The most recent was in March 2020.

Across JTC's rental returns for Tuas South Street 1, the median rent for industrial space on this street works out to about S$0.96 psf per month over 18 observations. Observed medians on the street span S$0.68 to S$1.55 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 4.0 km away. The closest bus stop (Bef Tuas Sth Ave 6) is 306 m away (about a 5-minute walk).

5 businesses are currently registered at this address with ACRA.

3

What is 23 Tuas South Street 1 zoned as?

Key takeaway23 Tuas South Street 1 sits on land zoned BUSINESS 2 with a gross plot ratio of 1.4.
Land-use zone
BUSINESS 2
Gross plot ratio
1.4

Run the full zoning report for this building →

4

What has 23 Tuas South Street 1 sold for?

Key takeaway1 transaction is on record since 1995, most recently in Mar 2020 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Mar 2020Single-user FactoryS$6.00M53,993 sqft$111

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

5

Market context around 23 Tuas South Street 1

Key takeawayBrokers' industrial figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • 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
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • 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
Singapore Industrial MarketBeat Q2 2026

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.

6

What's been approved at 23 Tuas South Street 1?

Key takeawayURA's planning decisions at 23 Tuas South Street 1 since 2000 are below. 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. 24 Jul 2024Approved
    Additions & alterations

    Proposed addition of ancillary diesel tank (9000 litres) with 2 pump points, storage of 16 nos. of acetylene cylinders, weighing bridge, demolition of existing bin centre and conversion of existing guard house to bin point to the existing d8 standard jtc factory mk 07 on lot 02951m, 02950c at 21 & 23 tuas south street 1 (tuas planning area)

  2. 15 Dec 2022Approved
    Additions & alterations

    Proposed addition & alteration involved removing of existing metal roof (3bays) at the existing 2 storey factory on lot 02951m mk07 at 23 tuas south street 1

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).

7

What is near 23 Tuas South Street 1?

Amenities nearby

Bef Tuas Sth Ave 6 · 306 m

Straight-line distances. Source: PropKaki amenities data.

8

Getting there and parking at 23 Tuas South Street 1

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Tuas Crescent, 2.9 km away. 2 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 8% of industrial buildings

no MRT/LRT within 1 km (nearest Tuas Crescent, 2.9 km); bus stops within 400 m: 4, about 673 taps a weekday; Tuas: 42,328 resident workers (Census 2020, by workplace); about 0 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.

Bus

4 bus stops within 400 m, with 673 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Tuas South St 2 (URA)415 m
    S$0.60 per half-hour at midday on a weekday · 25 car lots
  • Tuas South Industrial Area (URA)469 m
    season S$90/month

Public car parks only, by straight-line distance, with the operator's published rates. 23 Tuas South Street 1's own car park, if it has one, and its charges are not in the open data.

9

Who's registered at 23 Tuas South Street 1?

Key takeaway4 live companies (and LLPs and branches; sole proprietors are not counted) list 23 Tuas South Street 1 as their registered address. These are registered businesses, not who occupies the space.
  • Water supply, sewerage and waste management
    3
  • Administrative and support services
    1
  • Wholesale and retail trade
    0
  • Financial and insurance
    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.

10

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$10.34 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$10.34 psm/mo
Observed range
S$7.32 – S$16.68

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.

11

Frequently asked questions about 23 Tuas South Street 1

Where is 23 Tuas South Street 1?⌄

23 Tuas South Street 1 is at 23 Tuas South Street 1, Singapore 638033, in the Tuas planning area.

What is 23 Tuas South Street 1 zoned as?⌄

23 Tuas South Street 1 is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at 23 Tuas South Street 1?⌄

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 23 Tuas South Street 1?⌄

23 Tuas South Street 1 is leasehold. About 1 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 23 Tuas South Street 1 sold for?⌄

Across 1 recorded transaction, the median is S$111 psf. The latest was in March 2020.

What does industrial space near 23 Tuas South Street 1 rent for?⌄

JTC's rental returns for Tuas South Street 1 put the median at about S$0.96 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Tuas South Street 1, not a rent quoted for 23 Tuas South Street 1 itself.

How many businesses are registered at 23 Tuas South Street 1?⌄

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

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