IndustrialBUSINESS 2LeaseholdDistrict 17 · Changi

40 Changi North Crescent

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2007

Quick Summary

40 Changi North Crescent is a industrial building in District 17 · Changi, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.6. It is leasehold with roughly 54 years remaining. 2 transactions are on record since 1995, most recently in Sept 2007. ACRA records 1 live company registration at this address.

The facts are here — now get the verdict on 40 Changi North Crescent.

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What are the key facts about 40 Changi North Crescent?

Key takeaway40 Changi North Crescent is a industrial building in District 17 · Changi, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 1.6
Tenure: Leasehold
District / Area: District 17 · Changi
Address: 40 Changi North Crescent
Land area: —
Completed: Not on record
Storeys: Not on record
Estate (JTC): Changi International LogisPark (North)
Transactions on record: 2 (records start 1995)
Live listings: None
ACRA registrations: 1

About 40 Changi North Crescent

40 Changi North Crescent is an industrial property in Changi (District 17). It is located along Changi North Crescent, Singapore 499639.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1.6. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 54 years left to run.

2 transactions have been recorded here, at a median of S$72 psf. The most recent was in September 2007.

Across JTC's rental returns for Changi North Crescent, the median rent for industrial space on this street works out to about S$1.84 psf per month over 1 observations. Observed medians on the street span S$1.84 to S$1.84 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 64 m away. The closest business-park zone is about 700 m away. The closest bus stop (Seamap) is 107 m away (about a 2-minute walk).

1 business is currently registered at this address with ACRA.

What is 40 Changi North Crescent zoned as?

Key takeaway40 Changi North Crescent sits on land zoned BUSINESS 2 with a gross plot ratio of 1.6.

Land-use zone: BUSINESS 2
Gross plot ratio: 1.6

Run the full zoning report for this building →

What has 40 Changi North Crescent sold for?

Key takeaway2 transactions are on record since 1995, most recently in Sept 2007 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Sept 2007	Single-user Factory	S$12.39M	171,041 sqft	$72
Sept 2007	Single-user Factory	S$12.39M	171,041 sqft	$72

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 40 Changi North Crescent

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 40 Changi North Crescent?

Key takeawayURA's planning decisions at 40 Changi North Crescent 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.

4 Jun 2015Agency works
Additions & alterations
Extension to the existing canopy at the existing 2-storey single-user light industrial development (logistics hub)
4 Apr 2014Agency works
Additions & alterations
Additions & alterations consisting of a 1-storey extension with mezzanine toilets to the existing 2-storey single-user light industrial development (logistics hub)
27 Dec 2013Agency works
Additions & alterations
Additions & alterations consisting of a 1-storey extension with mezzanine toilets to the existing 2-storey single-user light industrial development (logistics hub)

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 40 Changi North Crescent?

Amenities nearby

Port / Airport · 64 mSeamap · 107 mSASCO Clinic · 275 mBusiness Park · 700 mEducational Institution · 886 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 40 Changi North Crescent

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Upper Changi, 1.4 km away. 2 public car parks are within 500 m.

Foot traffic: busier than 22% of industrial buildings

no MRT/LRT within 1 km (nearest Upper Changi, 1.4 km); bus stops within 400 m: 2, about 668 taps a weekday; Changi: 63,747 resident workers (Census 2020, by workplace); about 2,224 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

2 bus stops within 400 m, with 668 boardings and alightings on an average weekday.

Public car parks within 500 m

Changi North Rise (URA)351 m
S$0.60 per half-hour at midday on a weekday · 13 car lots
Changi North St 1 (URA)363 m
S$0.60 per half-hour at midday on a weekday · 14 car lots

Nearest URA season parking: Changi North Area, 616 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 40 Changi North Crescent's own car park, if it has one, and its charges are not in the open data.

Who's registered at 40 Changi North Crescent?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list 40 Changi North Crescent as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
1

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$19.85 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$19.85 psm/mo
Observed range: S$19.85 – S$19.85

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 40 Changi North Crescent

Where is 40 Changi North Crescent?⌄

40 Changi North Crescent is at 40 Changi North Crescent, Singapore 499639, in the Changi planning area.

What is 40 Changi North Crescent zoned as?⌄

40 Changi North Crescent is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1.6. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at 40 Changi North Crescent?⌄

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 40 Changi North Crescent?⌄

40 Changi North Crescent is leasehold. About 54 years remain on the lease.

What have units at 40 Changi North Crescent sold for?⌄

Across 2 recorded transactions, the median is S$72 psf. The latest was in September 2007.

What does industrial space near 40 Changi North Crescent rent for?⌄

JTC's rental returns for Changi North Crescent put the median at about S$1.84 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Changi North Crescent, not a rent quoted for 40 Changi North Crescent itself.

How many businesses are registered at 40 Changi North Crescent?⌄

1 business is 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.

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 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.

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.