IndustrialBUSINESS 1LeaseholdDistrict 20 · Ang Mo Kio

438 Ang Mo Kio Industrial Park 1

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2026
Quick Summary

438 Ang Mo Kio Industrial Park 1 is a industrial building in District 20 · Ang Mo Kio, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 12 years remaining. 2 transactions are on record since 1995, most recently in Jul 2026. ACRA records 3 live company registrations at this address.

1

What are the key facts about 438 Ang Mo Kio Industrial Park 1?

Key takeaway438 Ang Mo Kio Industrial Park 1 is a industrial building in District 20 · Ang Mo Kio, zoned BUSINESS 1, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 20 · Ang Mo Kio
Address
438 Ang Mo Kio Industrial Park 1
Land area
—
Completed
Not on record
Storeys
3 (© OpenStreetMap contributors)
Estate (JTC)
Ang Mo Kio Industrial Park 1
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
3
2

What are the specs at 438 Ang Mo Kio Industrial Park 1?

Key takeawayThe building's specs as its sources state them — the listing agent or the management can confirm a unit's own.
Facilities
car park, 24-hour security
Source: CommercialGuru
3

About 438 Ang Mo Kio Industrial Park 1

438 Ang Mo Kio Industrial Park 1 is an industrial property in Ang Mo Kio (District 20). It is located along Ang Mo Kio Industrial Park 1, Singapore 569619.

Under the URA Master Plan the site is zoned Business 1 with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

The site is leasehold, with about 12 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$125 psf. The most recent was in July 2026.

Across JTC's rental returns for Ang Mo Kio Industrial Park 1, the median rent for industrial space on this street works out to about S$1.70 psf per month over 2 observations. Observed medians on the street span S$1.61 to S$1.80 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 5.0 km away. The closest business-park zone is about 4.0 km away. The closest bus stop (Opp Townsville Pr Sch) is 56 m away (about a 1-minute walk).

3 businesses are currently registered at this address with ACRA.

4

What is 438 Ang Mo Kio Industrial Park 1 zoned as?

Key takeaway438 Ang Mo Kio Industrial Park 1 sits on land zoned BUSINESS 1 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 1
Gross plot ratio
2.5

Run the full zoning report for this building →

5

What has 438 Ang Mo Kio Industrial Park 1 sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jul 2026 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jul 2026Single-user FactoryS$8.28M52,434 sqft$158
Feb 2002Single-user FactoryS$4.80M52,434 sqft$92

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

6

Market context around 438 Ang Mo Kio Industrial Park 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.

7

What's been approved at 438 Ang Mo Kio Industrial Park 1?

Key takeawayURA has approved 1 change of use at 438 Ang Mo Kio Industrial Park 1 since 2000, most recently in 2018. 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. 5 Feb 2024Renewed
    Continued use as showroom

    Continued use of part of the 1st storey production area as showroom (furniture and lighting)

  2. 28 May 2021Renewed
    Continued use as showroom

    Continued use of part of the 1st storey production area as showroom (furniture and lighting)

  3. 30 May 2018Approved
    Change of use to showroom

    Retention of part of the 1st storey production area as showroom (furniture and lighting) on lot 07035m mk18 at 438 ang mo kio industrial park 1 (ang mo kio planning area)

  4. 17 Feb 2006Approved
    Additions & alterations

    Amendment to appd a/a to existing 3-sty single-user industrial bldg

  5. 10 Aug 2005Approved
    Additions & alterations

    Extension of written permission for approved additions and alterations to the existing 3-storey single-user industrial building

  6. 25 Aug 2003Approved
    Additions & alterations

    Proposed additions & alterations to the existing 3-storey single-user industrial building

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).

8

What is near 438 Ang Mo Kio Industrial Park 1?

Amenities nearby

Educational Institution · 41 mOpp Townsville Pr Sch · 56 mGreat Health Medical Clinic · 256 mBlk 409 Ang Mo Kio Ave 10 · 335 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at 438 Ang Mo Kio Industrial Park 1

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Bishan, 1.1 km away. 4 public car parks are within 500 m.
Foot traffic: busier than 69% of industrial buildings

no MRT/LRT within 1 km (nearest Bishan, 1.1 km); bus stops within 400 m: 9, about 21,000 taps a weekday; Ang Mo Kio: 48,180 resident workers (Census 2020, by workplace); about 56,000 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

9 bus stops within 400 m, with about 21,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 401/405 Ang Mo Kio Avenue 10 (HDB)244 m
    S$0.60 per half-hour at midday on a weekday · 278 car lots
  • Blk 4001-4003/4026-4028/4033-4035 Ang Mo Kio Industrial Park 1 (JTC)263 m
  • Blk 471/476 Ang Mo Kio Street 44 (HDB)331 m
    S$0.60 per half-hour at midday on a weekday · gantry 9.99 m · 537 car lots
  • Blk 407/410/421 Ang Mo Kio Avenue 10 (HDB)493 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 938 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: Serangoon Garden Estat E, 1.2 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 438 Ang Mo Kio Industrial Park 1's own car park, if it has one, and its charges are not in the open data.

10

Who's registered at 438 Ang Mo Kio Industrial Park 1?

Key takeaway3 live companies (and LLPs and branches; sole proprietors are not counted) list 438 Ang Mo Kio Industrial Park 1 as their registered address. These are registered businesses, not who occupies the space.
  • Construction
    2
  • 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.

11

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$18.34 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$18.34 psm/mo
Observed range
S$17.30 – S$19.38

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.

12

Frequently asked questions about 438 Ang Mo Kio Industrial Park 1

Where is 438 Ang Mo Kio Industrial Park 1?⌄

438 Ang Mo Kio Industrial Park 1 is at 438 Ang Mo Kio Industrial Park 1, Singapore 569619, in the Ang Mo Kio planning area.

What is 438 Ang Mo Kio Industrial Park 1 zoned as?⌄

438 Ang Mo Kio Industrial Park 1 is zoned Business 1 under the URA Master Plan, with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

What kind of business can operate at 438 Ang Mo Kio Industrial Park 1?⌄

Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of 438 Ang Mo Kio Industrial Park 1?⌄

438 Ang Mo Kio Industrial Park 1 is leasehold. About 12 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 438 Ang Mo Kio Industrial Park 1 sold for?⌄

Across 2 recorded transactions, the median is S$125 psf. The latest was in July 2026.

What does industrial space near 438 Ang Mo Kio Industrial Park 1 rent for?⌄

JTC's rental returns for Ang Mo Kio Industrial Park 1 put the median at about S$1.70 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Ang Mo Kio Industrial Park 1, not a rent quoted for 438 Ang Mo Kio Industrial Park 1 itself.

How many businesses are registered at 438 Ang Mo Kio Industrial Park 1?⌄

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

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