IndustrialPORT / AIRPORTDistrict 17 · Changi

90 Alps Avenue

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

90 Alps Avenue is a industrial building in District 17 · Changi, on land zoned PORT / AIRPORT under the URA Master Plan. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on 90 Alps Avenue.

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What are the key facts about 90 Alps Avenue?

Key takeaway90 Alps Avenue is a industrial building in District 17 · Changi, zoned PORT / AIRPORT.

Asset class: Industrial
Land-use zone: PORT / AIRPORT
Gross plot ratio: Subject to Evaluation
Tenure: Not on record
District / Area: District 17 · Changi
Address: 90 Alps Avenue
Land area: —
Completed: Not on record
Storeys: Not on record
Owner: CapitaLand Ascendas REIT (SGX filings)
Net lettable area: 282,843 sq ft (the owner's annual report (as filed on SGX))
Transactions on record: None recorded
Live listings: None
ACRA registrations: 0

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

Who owns 90 Alps Avenue, and what is it valued at?

Key takeaway90 Alps Avenue is owned by CapitaLand Ascendas REIT, 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$76 million as at 31 Dec 2025, by JLL SG.

per CapitaLand Ascendas REIT's SGX filing, 5 Feb 2026

Earlier: S$69.9 million (31 Dec 2024) · S$67.8 million (31 Dec 2022)

90 Alps Avenue: CapitaLand Ascendas REIT's annual report (2025)

Occupancy: 100% (as of 31 Dec 2025)

per CapitaLand Ascendas REIT's annual report (SGX), 1 Apr 2026, page 54

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 90 Alps Avenue

90 Alps Avenue is a building in Changi (District 17). It is located along Alps Avenue, Singapore 498746.

Under the URA Master Plan the site is zoned Port / Airport.

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 0 m away. The closest business-park zone is about 4.9 km away. The closest bus stop (Prologis) is 176 m away (about a 3-minute walk).

What is 90 Alps Avenue zoned as?

Key takeaway90 Alps Avenue sits on land zoned PORT / AIRPORT.

Land-use zone: PORT / AIRPORT
Gross plot ratio: Subject to Evaluation

URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

What does space at 90 Alps Avenue rent for?

Key takeawayNo rent is published for 90 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 90 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 90 Alps Avenue?

Amenities nearby

Port / Airport · 0 mPrologis · 176 mSia Alh Clinic · 711 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 90 Alps Avenue

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Changi Airport, 2.3 km away. No public car park we hold is within 500 m; the nearest is Changi Beach Park Cp 6 (URA), 1.3 km away; the nearest URA season parking is Changi North Area, 4.8 km away (S$90/month).

Foot traffic: busier than 17% of industrial buildings

no MRT/LRT within 1 km (nearest Changi Airport, 2.3 km); bus stops within 400 m: 4, about 628 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 628 boardings and alightings on an average weekday.

How many companies are registered at 90 Alps Avenue?

Key takeawayACRA records 0 live company registrations at this address.

Live registrations: 0
Registered last 3 years: 0

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.

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 90 Alps Avenue

Where is 90 Alps Avenue?⌄

90 Alps Avenue is at 90 Alps Avenue, Singapore 498746, in the Changi planning area.

What is 90 Alps Avenue zoned as?⌄

90 Alps Avenue is zoned Port / Airport under the URA Master Plan.

Have there been any recorded transactions at 90 Alps Avenue?⌄

No caveats have been lodged for 90 Alps Avenue in the records we track. That is common for single-owner industrial buildings, which never generate strata transactions.

What does industrial space near 90 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 90 Alps Avenue itself.

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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.

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.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

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 the owner's SGX filings, the owner's annual report (as filed on SGX), 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.