38 Ang Mo Kio Industrial Park 2
38 Ang Mo Kio Industrial Park 2 is a industrial building in District 20 · Serangoon, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 15 years remaining. 1 transaction is on record since 1995, most recently in Dec 2015. 13 units are currently listed for sale or rent. ACRA records 28 live company registrations at this address.
What are the key facts about 38 Ang Mo Kio Industrial Park 2?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 20 · Serangoon
- Address
- 38 Ang Mo Kio Industrial Park 2
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Total units (CommercialGuru's count)
- 1
- Estate (JTC)
- Ang Mo Kio Industrial Park 2
- Listed as
- Light Industrial (B1), Warehouse, Factory / Workshop (B2)
- Transactions on record
- 1 (records start 1995)
- Live listings
- 13
- ACRA registrations
- 28
What are the specs at 38 Ang Mo Kio Industrial Park 2?
- Facilities
- 24-hour security
- Source: CommercialGuru
About 38 Ang Mo Kio Industrial Park 2
38 Ang Mo Kio Industrial Park 2 is an industrial property in Serangoon (District 20). It is located along Ang Mo Kio Industrial Park 2, Singapore 569511.
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 15 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$169 psf. The most recent was in December 2015.
Across JTC's rental returns for Ang Mo Kio Industrial Park 2, the median rent for industrial space on this street works out to about S$1.46 psf per month over 104 observations. Observed medians on the street span S$0.64 to S$2.27 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 3.1 km away. The closest business-park zone is about 4.6 km away. The closest bus stop (Bef Ang Mo Kio Ind Pk 2A) is 127 m away (about a 2-minute walk).
45 businesses are currently registered at this address with ACRA.
What is 38 Ang Mo Kio Industrial Park 2 zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
What has 38 Ang Mo Kio Industrial Park 2 sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Dec 2015 | Single-user Factory | S$30.00M | 177,822 sqft | $169 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at 38 Ang Mo Kio Industrial Park 2 rent for?
Strata factory space on Ang Mo Kio Industrial Park 2
Street level · 2026Q3S$ per sq ft per month (median only published) · median +12.2% on a year earlier
This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.
Source: JTC J-SPACE, rental of industrial space by street.
Market context around 38 Ang Mo Kio Industrial Park 2
- 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
- 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
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.
How fast units move at 38 Ang Mo Kio Industrial Park 2
Rent: between 6 Aug 2026 and 28 Aug 2026, 3 new listings 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.
What's been approved at 38 Ang Mo Kio Industrial Park 2?
- 11 Nov 2025RenewedContinued use as extension to the approved industrial canteen
Continued open outdoor seating as an extension to the approved industrial canteen
- 5 Nov 2024RenewedContinued use as industrial canteen
Continued use of the 1st storey warehouse as industrial canteen at the existing 2-storey building (annex building 1)
- 8 Apr 2021ApprovedAdditions & alterations
Proposed regularisation of gross floor area to existing self-storage warehouse with ancillary office on lot 08512c mk18 at 38 ang mo kio industrial park 2 (serangoon planning area)
- 17 Dec 2019RenewedContinued use as industrial canteen
Continued use of the 1st storey warehouse as industrial canteen at the existing 2-storey building (annex building 1)
- 17 Dec 2019RenewedContinued use as extension to the approved industrial canteen
Continued open outdoor seating as an extension to the approved industrial canteen
- 14 Mar 2018ApprovedAdditions & alterations
Proposed addition & alteration to existing annex building 1 of existing self-storage, warehouse with ancillary office on lot 08512c mk18 at 38 ang mo kio industrial park 2 (serangoon planning area)
- 26 May 2017ApprovedChange of use to extension to the approved industrial canteen
Proposed open outdoor seating as an extension to the approved industrial canteen
- 25 Nov 2016ApprovedAdditions & alterations
Proposed change of use of 1st storey exisitng warehouse to industrial canteen cum addition of two goods lifts, one passenger lift, two metal canopies and external uncovered metal staircase to the existing self-storage warehouse with ancillary office on lot 08512c mk18 at 38 ang mo kio industrial park 2 (serangoon planning area)
- 5 Aug 2016ApprovedAdditions & alterations
Proposed additions/alterations cum change of use of existing single user general industrial factory to self-storage warehouse with ancillary office on lot 08512c mk18 at 38 ang mo kio industrial park 2 (serangoon planning area)
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).
How does Ang Mo Kio Industrial Park 2 price?
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.
What is available at 38 Ang Mo Kio Industrial Park 2 right now?
For sale (1)
- Rare B2 Industrial Development at Ang Mo KioS$60.00M · 342,103 sqft
For rent (12)
- 38 Ang Mo Kio Industrial Park 2, 569511S$4k/mo · 1,610 sqft
- 38 Ang Mo Kio Industrial Park 2S$1k/mo · 335 sqft
- 38 Ang Mo Kio Industrial Park 2S$413/mo · 80 sqft
- 38 Ang Mo Kio Industrial Park 2S$29k/mo · 11,740 sqft
What is near 38 Ang Mo Kio Industrial Park 2?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 38 Ang Mo Kio Industrial Park 2
no MRT/LRT within 1 km (nearest Ang Mo Kio, 1.9 km); bus stops within 400 m: 7, about 8,652 taps a weekday; Serangoon: 38,451 resident workers (Census 2020, by workplace); about 26,000 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
7 bus stops within 400 m, with 8,652 boardings and alightings on an average weekday.
Public car parks within 500 m
- Blk 5022 To 5095 Ang Mo Kio Industrial Park 2 (JTC)230 mno short-term parking
Nearest URA season parking: Service Rd (Jln Selase H), 1.3 km away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. 38 Ang Mo Kio Industrial Park 2's own car park, if it has one, and its charges are not in the open data.
Who's registered at 38 Ang Mo Kio Industrial Park 2?
- Wholesale and retail trade13
- Manufacturing5
- Construction3
- Professional, scientific and technical services2
- Arts, entertainment and recreation2
- Information and communications1
- Administrative and support services1
- Accommodation and food services1
- Transportation and storage0
- Financial and insurance0
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?
- Street rent, median
- S$15.70 psm/mo
- Observed range
- S$6.91 – S$24.40
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 38 Ang Mo Kio Industrial Park 2
Where is 38 Ang Mo Kio Industrial Park 2?⌄
38 Ang Mo Kio Industrial Park 2 is at 38 Ang Mo Kio Industrial Park 2, Singapore 569511, in the Serangoon planning area.
What is 38 Ang Mo Kio Industrial Park 2 zoned as?⌄
38 Ang Mo Kio Industrial Park 2 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 38 Ang Mo Kio Industrial Park 2?⌄
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 38 Ang Mo Kio Industrial Park 2?⌄
38 Ang Mo Kio Industrial Park 2 is leasehold. About 15 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at 38 Ang Mo Kio Industrial Park 2 sold for?⌄
Across 1 recorded transaction, the median is S$169 psf. The latest was in December 2015.
What does industrial space near 38 Ang Mo Kio Industrial Park 2 rent for?⌄
JTC's rental returns for Ang Mo Kio Industrial Park 2 put the median at about S$1.46 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Ang Mo Kio Industrial Park 2, not a rent quoted for 38 Ang Mo Kio Industrial Park 2 itself.
How many businesses are registered at 38 Ang Mo Kio Industrial Park 2?⌄
45 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on 38 Ang Mo Kio Industrial Park 2.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
