IndustrialBUSINESS 2LeaseholdDistrict 17 · Changi

70 Alps Avenue

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2005

Quick Summary

70 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 1.0. It is leasehold with roughly 74 years remaining. 1 transaction is on record since 1995, most recently in May 2005. ACRA records 3 live company registrations at this address.

The facts are here — now get the verdict on 70 Alps Avenue.

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What are the key facts about 70 Alps Avenue?

Key takeaway70 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: 1.0
Tenure: Leasehold
District / Area: District 17 · Changi
Address: 70 Alps Avenue
Land area: —
Completed: Not on record
Storeys: 4 (© OpenStreetMap contributors)
Owner: Mapletree Logistics Trust (SGX filings)
Net lettable area: 230,434 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: 3

Who owns 70 Alps Avenue, and what is it valued at?

Key takeaway70 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$19.2 million as at 31 Mar 2026, by Savills Valuation and Professional Services (S) Pte Ltd.

per Mapletree Logistics Trust's SGX filing, 30 Apr 2026

Earlier: S$19.7 million (31 Mar 2025) · S$21.3 million (31 Mar 2024) · S$22.3 million (31 Mar 2023)

70 Alps Avenue: Mapletree Logistics Trust's annual report (2025)

Occupancy: 100% (as of 31 Mar 2026)
Land tenure: 30 years

per Mapletree Logistics Trust's annual report (SGX), 19 Jun 2026, page 117

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 70 Alps Avenue

70 Alps Avenue is an industrial property in Changi (District 17). It is located along Alps Avenue, Singapore 498801.

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 74 years left to run.

1 transaction has been recorded here, at a median of S$157 psf. The most recent was in May 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 94 m away. The closest bus stop (Dhl) is 109 m away (about a 2-minute walk).

3 businesses are currently registered at this address with ACRA.

What is 70 Alps Avenue zoned as?

Key takeaway70 Alps Avenue sits on land zoned BUSINESS 2 with a gross plot ratio of 1.0.

Land-use zone: BUSINESS 2
Gross plot ratio: 1.0

Run the full zoning report for this building →

What has 70 Alps Avenue sold for?

Key takeaway1 transaction is on record since 1995, most recently in May 2005 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
May 2005	Single-user Factory	S$35.00M	222,709 sqft	$157

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 70 Alps Avenue rent for?

Key takeawayNo rent is published for 70 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.

Market context around 70 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.

What is near 70 Alps Avenue?

Amenities nearby

Port / Airport · 94 mDhl · 109 mSia Alh Clinic · 466 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 70 Alps Avenue

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Changi Airport, 2.5 km away. No public car park we hold is within 500 m; the nearest is Changi Beach Park Cp 6 (URA), 928 m away; the nearest URA season parking is Changi North Area, 5.0 km away (S$90/month).

Foot traffic: busier than 19% of industrial buildings

no MRT/LRT within 1 km (nearest Changi Airport, 2.5 km); bus stops within 400 m: 4, about 819 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 819 boardings and alightings on an average weekday.

Who's registered at 70 Alps Avenue?

Key takeaway3 live companies (and LLPs and branches; sole proprietors are not counted) list 70 Alps Avenue as their registered address. These are registered businesses, not who occupies the space.

Transportation and storage
3
Wholesale and retail trade
0
Information and communications
0

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$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.

Frequently asked questions about 70 Alps Avenue

Where is 70 Alps Avenue?⌄

70 Alps Avenue is at 70 Alps Avenue, Singapore 498801, in the Changi planning area.

What is 70 Alps Avenue zoned as?⌄

70 Alps Avenue 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 70 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 70 Alps Avenue?⌄

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

What have units at 70 Alps Avenue sold for?⌄

Across 1 recorded transaction, the median is S$157 psf. The latest was in May 2005.

What does industrial space near 70 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 70 Alps Avenue itself.

How many businesses are registered at 70 Alps Avenue?⌄

3 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.

Owner: the REIT or SGX-listed company whose latest valuation notice or annual report lists this building (a later divestment removes it). '(N% interest)' or '(part of the strata)' when it holds less than the whole. A building with no listed owner shows none — a private owner is never named.

Net lettable area: as the owner's latest annual report prints it (sq m converted to sq ft where needed).

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".

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

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, the owner's SGX filings, the owner's annual report (as filed on SGX), URA car park data (URA Data Service), PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — 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.