IndustrialBUSINESS 2LeaseholdDistrict 17 · Changi

61 Alps Avenue

Reviewed by Nathan TangUpdated 8 November 2026Data through Jan 2005
Quick Summary

61 Alps Avenue is a industrial building in District 17 · Changi, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.4. It is leasehold with roughly 74 years remaining. 1 transaction is on record since 1995, most recently in Jan 2005. ACRA records 4 live company registrations at this address.

1

What are the key facts about 61 Alps Avenue?

Key takeaway61 Alps Avenue is a industrial building in District 17 · Changi, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
1.4
Tenure
Leasehold
District / Area
District 17 · Changi
Address
61 Alps Avenue
Land area
—
Completed
Not on record
Storeys
4 (© OpenStreetMap contributors)
Owner
Mapletree Logistics Trust (SGX filings)
Net lettable area
133,106 sq ft (the owner's annual report (as filed on SGX))
Estate (JTC)
Airport Logistics Park of Singapore
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
4
2

Who owns 61 Alps Avenue, and what is it valued at?

Key takeaway61 Alps Avenue is owned by Mapletree Logistics Trust, a REIT listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.
Valued at S$12.5 million as at 31 Mar 2026, by Savills Valuation and Professional Services (S) Pte Ltd.
61 Alps Avenue: Mapletree Logistics Trust's annual report (2025)
Occupancy
100% (as of 31 Mar 2026)
Land tenure
30 years

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.

3

About 61 Alps Avenue

61 Alps Avenue is an industrial property in Changi (District 17). It is located along Alps Avenue, Singapore 498798.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 74 years left to run.

1 transaction has been recorded here, at a median of S$177 psf. The most recent was in January 2005.

Across JTC's rental returns for Alps Avenue, the median rent for industrial space on this street works out to about S$1.71 psf per month over 23 observations. Observed medians on the street span S$1.49 to S$2.06 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 200 m away. The closest bus stop (Expeditors) is 71 m away (about a 1-minute walk).

5 businesses are currently registered at this address with ACRA.

4

What is 61 Alps Avenue zoned as?

Key takeaway61 Alps Avenue sits on land zoned BUSINESS 2 with a gross plot ratio of 1.4.
Land-use zone
BUSINESS 2
Gross plot ratio
1.4

Run the full zoning report for this building →

5

What has 61 Alps Avenue sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jan 2005 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jan 2005Single-user FactoryS$19.60M110,654 sqft$177

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

What does space at 61 Alps Avenue rent for?

Key takeawayNo rent is published for 61 Alps Avenue itself. On its street, Alps Avenue, strata factory space rented at a median of $2.00 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 Alps Avenue

Street level · 2026Q3
25th pct
—
— psm
Median
$2.00
$21.53 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

2023Q1 · $18.78 psm2026Q3 · $21.53 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.

7

Market context around 61 Alps Avenue

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.

8

What's been approved at 61 Alps Avenue?

Key takeawayURA's planning decisions at 61 Alps Avenue 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.
  1. 19 Aug 2014Agency works
    Additions & alterations

    Proposed additions and alterations to the existing 4-storey single-user light industrial development (logistics hub) on lot 04200k mk 31 at 61 alps avenue

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).

9

What is near 61 Alps Avenue?

Amenities nearby

Expeditors · 71 mPort / Airport · 201 mSia Alh Clinic · 563 m

Straight-line distances. Source: PropKaki amenities data.

10

Getting there and parking at 61 Alps Avenue

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Changi Airport, 2.8 km away. No public car park we hold is within 500 m; the nearest is Changi Beach Park Cp 6 (URA), 641 m away.
Foot traffic: busier than 19% of industrial buildings

no MRT/LRT within 1 km (nearest Changi Airport, 2.8 km); bus stops within 400 m: 4, about 874 taps a weekday; Changi: 63,747 resident workers (Census 2020, by workplace); about 0 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

4 bus stops within 400 m, with 874 boardings and alightings on an average weekday.

11

Who's registered at 61 Alps Avenue?

Key takeaway4 live companies (and LLPs and branches; sole proprietors are not counted) list 61 Alps Avenue as their registered address. These are registered businesses, not who occupies the space.
  • Transportation and storage
    3
  • Financial and insurance
    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.

12

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$18.36 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$18.36 psm/mo
Observed range
S$15.99 – S$22.18

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.

13

Frequently asked questions about 61 Alps Avenue

Where is 61 Alps Avenue?⌄

61 Alps Avenue is at 61 Alps Avenue, Singapore 498798, in the Changi planning area.

What is 61 Alps Avenue zoned as?⌄

61 Alps Avenue is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at 61 Alps Avenue?⌄

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 61 Alps Avenue?⌄

61 Alps Avenue is leasehold. About 74 years remain on the lease.

What have units at 61 Alps Avenue sold for?⌄

Across 1 recorded transaction, the median is S$177 psf. The latest was in January 2005.

What does industrial space near 61 Alps Avenue rent for?⌄

JTC's rental returns for Alps Avenue put the median at about S$1.71 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Alps Avenue, not a rent quoted for 61 Alps Avenue itself.

How many businesses are registered at 61 Alps Avenue?⌄

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

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