IndustrialBUSINESS 2LeaseholdDistrict 25 · Sembawang

23 Woodlands Terrace

Reviewed by Nathan TangUpdated 8 November 2026Data through Jun 2017

Quick Summary

23 Woodlands Terrace is a industrial building in District 25 · Sembawang, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 2 transactions are on record since 1995, most recently in Jun 2017. ACRA records 3 live company registrations at this address.

The facts are here — now get the verdict on 23 Woodlands Terrace.

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What are the key facts about 23 Woodlands Terrace?

Key takeaway23 Woodlands Terrace is a industrial building in District 25 · Sembawang, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 25 · Sembawang
Address: 23 Woodlands Terrace
Land area: —
Completed: Not on record
Storeys: Not on record
Estate (JTC): Woodlands East Industrial Estate
Transactions on record: 2 (records start 1995)
Live listings: None
ACRA registrations: 3

Who owns 23 Woodlands Terrace, and what is it valued at?

Key takeawayNo REIT or listed company holds 23 Woodlands Terrace today on its latest filings. Earlier SGX filings about it are below, each with its date.

Whole-building deals

Announced 14 Jun 2017
RBC Investor Services Trust Singapore Limited (in its capacity as trustee of CIT) sold 23 Woodlands Terrace for S$17.7 million (sale consideration).
Announcement on SGX

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.

About 23 Woodlands Terrace

23 Woodlands Terrace is an industrial property in Sembawang (District 25). It is located along Woodlands Terrace, Singapore 738472.

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.

2 transactions have been recorded here, at a median of S$245 psf. The most recent was in June 2017.

Across JTC's rental returns for Woodlands Terrace, the median rent for industrial space on this street works out to about S$0.54 psf per month over 2 observations. Observed medians on the street span S$0.51 to S$0.57 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 2.1 km away. The closest bus stop (Opp Blk 22) is 97 m away (about a 2-minute walk).

3 businesses are currently registered at this address with ACRA.

What is 23 Woodlands Terrace zoned as?

Key takeaway23 Woodlands Terrace sits on land zoned BUSINESS 2 with a gross plot ratio of 2.5.

Land-use zone: BUSINESS 2
Gross plot ratio: 2.5

Run the full zoning report for this building →

What has 23 Woodlands Terrace sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jun 2017 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Jun 2017	Single-user Factory	S$17.68M	67,516 sqft	$262
Jun 2007	Single-user Factory	S$15.41M	67,516 sqft	$228

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 23 Woodlands Terrace

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.

What's been approved at 23 Woodlands Terrace?

Key takeawayURA has approved 1 change of use at 23 Woodlands Terrace since 2000, most recently in 2009. 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.

20 Jan 2020Approved
Additions & alterations
Proposed installation of 5000 litres diesel storage tank to existing 4-storey single-user detached factory at 23 woodlands terrace s(738472)
6 May 2009Approved
Change of use: production & ancillary office → secondary workers' dormitory
Proposed change of use of the 2nd storey of the 4-storey single-user factory building from production & ancillary office to secondary workers' dormitory
9 Jun 2008Approved
Additions & alterations
Proposed retention of additions & alterations to existing 4-storey single-user detached 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 23 Woodlands Terrace?

Amenities nearby

Opp Blk 22 · 97 mNortheast (Woodlands) Medical Centre · 241 mEducational Institution · 335 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 23 Woodlands Terrace

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Sembawang, 1.2 km away. 5 public car parks are within 500 m.

Foot traffic: busier than 56% of industrial buildings

no MRT/LRT within 1 km (nearest Sembawang, 1.2 km); bus stops within 400 m: 3, about 4,612 taps a weekday; Sembawang: 40,152 resident workers (Census 2020, by workplace); about 30,000 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.

Bus

3 bus stops within 400 m, with 4,612 boardings and alightings on an average weekday.

Public car parks within 500 m

Woodlands Ave 9 (Woodl Ands Ave 8 - Link) (URA)279 m
Woodlands Terrace (URA)341 m
S$0.60 per half-hour at midday on a weekday · 44 car lots
Blk 462 Sembawang Drive (HDB)387 m
S$0.60 per half-hour at midday on a weekday · gantry 3.8 m · 63 car lots
Blk 466 Sembawang Drive (HDB)421 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 922 car lots
Woodlands Link (URA)461 m
S$0.60 per half-hour at midday on a weekday · 34 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Nearest URA season parking: Woodlands East Industr Ial Estate, 703 m away, S$90/month.

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

Who's registered at 23 Woodlands Terrace?

Key takeaway3 live companies (and LLPs and branches; sole proprietors are not counted) list 23 Woodlands Terrace as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
1
Manufacturing
1
Construction
1
Accommodation and food services
0
Professional, scientific and technical services
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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$5.80 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$5.80 psm/mo
Observed range: S$5.44 – S$6.17

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 23 Woodlands Terrace

Where is 23 Woodlands Terrace?⌄

23 Woodlands Terrace is at 23 Woodlands Terrace, Singapore 738472, in the Sembawang planning area.

What is 23 Woodlands Terrace zoned as?⌄

23 Woodlands Terrace 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 23 Woodlands Terrace?⌄

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 Woodlands Terrace?⌄

23 Woodlands Terrace 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 23 Woodlands Terrace sold for?⌄

Across 2 recorded transactions, the median is S$245 psf. The latest was in June 2017.

What does industrial space near 23 Woodlands Terrace rent for?⌄

JTC's rental returns for Woodlands Terrace put the median at about S$0.54 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Woodlands Terrace, not a rent quoted for 23 Woodlands Terrace itself.

How many businesses are registered at 23 Woodlands Terrace?⌄

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

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from JTC estate boundaries, URA planning decisions, URA car park data (URA Data Service), PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Owners, valuations and deals: the owners' own filings on SGX (notices of valuation of real assets, acquisition and divestment announcements, annual reports), facts only, each with its date.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.