IndustrialBUSINESS 2LeaseholdDistrict 20 · Serangoon

38 Ang Mo Kio Industrial Park 2

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2015
Quick Summary

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. 11 units are currently listed for sale or rent. ACRA records 45 live company registrations at this address.

1

What are the key facts about 38 Ang Mo Kio Industrial Park 2?

Key takeaway38 Ang Mo Kio Industrial Park 2 is a industrial building in District 20 · Serangoon, zoned BUSINESS 2, held leasehold.
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
Transactions on record
1 (records start 1995)
Live listings
11
ACRA registrations
45
2

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.

3

What is 38 Ang Mo Kio Industrial Park 2 zoned as?

Key takeaway38 Ang Mo Kio Industrial Park 2 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 →

4

What has 38 Ang Mo Kio Industrial Park 2 sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2015 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2015Single-user FactoryS$30.00M177,822 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.

5

How does Ang Mo Kio Industrial Park 2 price?

Key takeawayAng Mo Kio Industrial Park 2's current JTC street rent is S$23.41 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 11.5% (10.3% net of property tax).
Strata sales on the street (5y)
26
Street median PSF (strata)
$229
Indicative street yield
11.5% gross
10.3% net of property tax

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.

6

What is available at 38 Ang Mo Kio Industrial Park 2 right now?

Key takeaway11 units are currently listed at 38 Ang Mo Kio Industrial Park 21 for sale and 10 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • Rare B2 Industrial Development at Ang Mo KioS$60.00M · 342,103 sqft

For rent (10)

  • 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$26k/mo · 11,740 sqft
  • 38 Ang Mo Kio Industrial Park 2S$3k/mo · 868 sqft

Browse every listing at this building →

7

What is near 38 Ang Mo Kio Industrial Park 2?

Amenities nearby

Bewell Clinic · 114 mBef Ang Mo Kio Ind Pk 2A · 127 mEducational Institution · 477 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 38 Ang Mo Kio Industrial Park 2?

Key takeawayACRA records 45 live company registrations at this address, 17 of them in the last three years.
Live registrations
45
Registered last 3 years
17

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.

9

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$15.70 psm/month — an all-time median from 2000 onwards, not a current rent.
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.

10

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.

For agents · in the PropKaki app

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.

PropKaki
Tell me about 38 Ang Mo Kio Industrial Park 2 — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…
Chat on WhatsApp