IndustrialBUSINESS 2LeaseholdDistrict 16 · Tampines

45 Changi South Avenue 2

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2021

Quick Summary

45 Changi South Avenue 2 is a industrial building in District 16 · Tampines, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.6. It is leasehold with roughly 68 years remaining. 2 transactions are on record since 1995, most recently in Aug 2021. ACRA records 8 live company registrations at this address.

The facts are here — now get the verdict on 45 Changi South Avenue 2.

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What are the key facts about 45 Changi South Avenue 2?

Key takeaway45 Changi South Avenue 2 is a industrial building in District 16 · Tampines, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 1.6
Tenure: Leasehold
District / Area: District 16 · Tampines
Address: 45 Changi South Avenue 2
Land area: —
Completed: Not on record
Storeys: Not on record
Estate (JTC): Changi South Industrial Estate
Transactions on record: 2 (records start 1995)
Live listings: None
ACRA registrations: 8

Who owns 45 Changi South Avenue 2, and what is it valued at?

Key takeawayNo REIT or listed company holds 45 Changi South Avenue 2 today on its latest filings. Earlier SGX filings about it are below, each with its date.

Whole-building deals

Announced 30 Aug 2021 · completed 14 Mar 2022
RBC Investor Services Trust Singapore Limited (in its capacity as trustee of ESR-REIT) sold 45 Changi South Avenue 2 for S$11.1 million (sale consideration).
Announcement on SGX · completion notice

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 45 Changi South Avenue 2

45 Changi South Avenue 2 is an industrial property in Tampines (District 16). It is located along Changi South Avenue 2, Singapore 486133.

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 68 years left to run.

2 transactions have been recorded here, at a median of S$174 psf. The most recent was in August 2021.

Across JTC's rental returns for Changi South Avenue 2, the median rent for industrial space on this street works out to about S$1.20 psf per month over 23 observations. Observed medians on the street span S$0.10 to S$2.75 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

1 industrial project is still uncompleted on this street, adding about 29,190 sqm of gross floor area, the earliest due around 2028.

The nearest port or airport land is about 638 m away. The closest business-park zone is about 293 m away. The nearest MRT is Expo MRT Exit D, 917 m away (about a 14-minute walk). The closest bus stop (Bef Changi Sth St 1) is 105 m away (about a 2-minute walk).

9 businesses are currently registered at this address with ACRA.

What is 45 Changi South Avenue 2 zoned as?

Key takeaway45 Changi South Avenue 2 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 45 Changi South Avenue 2 sold for?

Key takeaway2 transactions are on record since 1995, most recently in Aug 2021 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Aug 2021	Single-user Factory	S$11.10M	55,446 sqft	$200
Jul 2006	Single-user Factory	S$8.25M	55,446 sqft	$149

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 45 Changi South Avenue 2 rent for?

Key takeawayNo rent is published for 45 Changi South Avenue 2 itself. On its street, Changi South Avenue 2, strata factory space rented at a median of $1.68 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Changi South Avenue 2

Street level · 2026Q3

25th pct

—

— psm

Median

$1.68

$18.08 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +9.2% on a year earlier

2023Q4 · $21.53 psm2026Q3 · $18.08 psm median

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 45 Changi South Avenue 2

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 45 Changi South Avenue 2?

Key takeawayURA's planning decisions at 45 Changi South Avenue 2 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.

8 Jun 2000Approved
Additions & alterations
Proposed carpark shelter to the existing 4-storey single user factory 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).

What is near 45 Changi South Avenue 2?

Amenities nearby

Bef Changi Sth St 1 · 105 mBusiness Park · 293 mPort / Airport · 638 mRafflesMedical (Changi City Point) · 750 mEducational Institution · 864 mExpo MRT Exit D · 917 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 45 Changi South Avenue 2

Key takeawayThe nearest station is Expo (CG1 / DT35), 917 m away — a moderately busy station, with about 32,000 taps in and out on an average weekday. 3 public car parks are within 500 m.

Foot traffic: busier than 65% of industrial buildings

nearest MRT/LRT Expo (CG1/DT35) 917 m, about 32,000 taps a weekday; bus stops within 400 m: 2, about 1,023 taps a weekday; Tampines: 84,200 resident workers (Census 2020, by workplace); about 632 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.

Stations within 1 km

Expo (CG1 / DT35)917 m · about 32,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 45 Changi South Avenue 2. Transfers between lines don't tap, so interchanges read low.

Bus

2 bus stops within 400 m, with 1,023 boardings and alightings on an average weekday.

Public car parks within 500 m

Changi South Ave 4 (URA)76 m
S$0.60 per half-hour at midday on a weekday · 26 car lots
Changi South St 1 (URA)182 m
S$0.60 per half-hour at midday on a weekday · 59 car lots
Changi South Ave 2 (URA)384 m
S$0.60 per half-hour at midday on a weekday · 12 car lots

Nearest URA season parking: Changi North Area, 1.4 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 45 Changi South Avenue 2's own car park, if it has one, and its charges are not in the open data.

Who's registered at 45 Changi South Avenue 2?

Key takeaway8 live companies (and LLPs and branches; sole proprietors are not counted) list 45 Changi South Avenue 2 as their registered address. These are registered businesses, not who occupies the space.

Manufacturing
2
Transportation and storage
2
Financial and insurance
1
Wholesale and retail trade
1
Real estate
1
Information and communications
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$12.94 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$12.94 psm/mo
Observed range: S$1.11 – S$29.60
Pipeline on this street: 1 project · earliest TOP 2028

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 45 Changi South Avenue 2

Where is 45 Changi South Avenue 2?⌄

45 Changi South Avenue 2 is at 45 Changi South Avenue 2, Singapore 486133, in the Tampines planning area.

What is 45 Changi South Avenue 2 zoned as?⌄

45 Changi South Avenue 2 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 45 Changi South Avenue 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 45 Changi South Avenue 2?⌄

45 Changi South Avenue 2 is leasehold. About 68 years remain on the lease.

What have units at 45 Changi South Avenue 2 sold for?⌄

Across 2 recorded transactions, the median is S$174 psf. The latest was in August 2021.

What does industrial space near 45 Changi South Avenue 2 rent for?⌄

JTC's rental returns for Changi South Avenue 2 put the median at about S$1.20 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Changi South Avenue 2, not a rent quoted for 45 Changi South Avenue 2 itself.

What is the nearest MRT station to 45 Changi South Avenue 2?⌄

Expo MRT Exit D is the closest, 917 m away (about a 14-minute walk).

How many businesses are registered at 45 Changi South Avenue 2?⌄

9 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.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

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), LTA DataMall passenger volumes, 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.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.