48a Changi South Street 1
48a Changi South Street 1 is a industrial building in District 16 · Tampines, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.0. It is leasehold with roughly 3 years remaining. 1 transaction is on record since 1995, most recently in Oct 2021. ACRA records 4 live company registrations at this address.
What are the key facts about 48a Changi South Street 1?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 1.0
- Tenure
- Leasehold
- District / Area
- District 16 · Tampines
- Address
- 48a Changi South Street 1
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Estate (JTC)
- Changi South Industrial Estate
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 4
About 48a Changi South Street 1
48A Changi South Street 1 is an industrial property in Tampines (District 16). It is located along Changi South Street 1, Singapore 486114.
Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
The site is leasehold, with about 3 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$112 psf. The most recent was in October 2021.
Across JTC's rental returns for Changi South Street 1, the median rent for industrial space on this street works out to about S$0.94 psf per month over 10 observations. Observed medians on the street span S$0.35 to S$1.90 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 320 m away. The closest business-park zone is about 223 m away. The closest bus stop (Bef Changi Sth St 1) is 366 m away (about a 6-minute walk).
5 businesses are currently registered at this address with ACRA.
What is 48a Changi South Street 1 zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 1.0
What has 48a Changi South Street 1 sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Oct 2021 | Single-user Factory | S$6.38M | 56,790 sqft | $112 |
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 48a Changi South Street 1
- 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.
What's been approved at 48a Changi South Street 1?
- 12 Aug 2022Agency worksAdditions & alterations
Proposed additions and alterations to existing part single / part 2-storey single-user industrial development on lot 10084k mk 27 at 48a changi south street 1
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 48a Changi South Street 1?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 48a Changi South Street 1
no MRT/LRT within 1 km (nearest Expo, 1.1 km); bus stops within 400 m: 1, about 806 taps a weekday; Tampines: 84,200 resident workers (Census 2020, by workplace); about 552 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
1 bus stop within 400 m, with 806 boardings and alightings on an average weekday.
Public car parks within 500 m
- Changi South St 1 (URA)223 mS$0.60 per half-hour at midday on a weekday · 59 car lots
- Changi South Ave 4 (URA)368 mS$0.60 per half-hour at midday on a weekday · 26 car lots
Nearest URA season parking: Changi North Area, 1.1 km away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. 48a Changi South Street 1's own car park, if it has one, and its charges are not in the open data.
Who's registered at 48a Changi South Street 1?
- Wholesale and retail trade2
- Construction1
- Arts, entertainment and recreation1
- 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$10.09 psm/mo
- Observed range
- S$3.79 – S$20.41
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 48a Changi South Street 1
Where is 48A Changi South Street 1?⌄
48A Changi South Street 1 is at 48A Changi South Street 1, Singapore 486114, in the Tampines planning area.
What is 48A Changi South Street 1 zoned as?⌄
48A Changi South Street 1 is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
What kind of business can operate at 48A Changi South Street 1?⌄
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 48A Changi South Street 1?⌄
48A Changi South Street 1 is leasehold. About 3 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at 48A Changi South Street 1 sold for?⌄
Across 1 recorded transaction, the median is S$112 psf. The latest was in October 2021.
What does industrial space near 48A Changi South Street 1 rent for?⌄
JTC's rental returns for Changi South Street 1 put the median at about S$0.94 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Changi South Street 1, not a rent quoted for 48A Changi South Street 1 itself.
How many businesses are registered at 48A Changi South Street 1?⌄
5 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 48a Changi South Street 1.
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