IndustrialBUSINESS 2LeaseholdDistrict 22 · Pioneer

Airtac International

Reviewed by Nathan TangUpdated 10 August 2026Data through Oct 2023
Quick Summary

Airtac International is a industrial building in District 22 · Pioneer, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.4. It is leasehold with roughly 7 years remaining. 2 transactions are on record since 1995, most recently in Oct 2023. ACRA records 2 live company registrations at this address.

1

What are the key facts about Airtac International?

Key takeawayAirtac International is a industrial building in District 22 · Pioneer, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
1.4
Tenure
Leasehold
District / Area
District 22 · Pioneer
Address
12 Gul Drive
Land area
5,856 sqm
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
2
2

About Airtac International

Airtac International is an industrial building in Pioneer (District 22). It is located along Gul Drive, Singapore 629463.

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 7 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 5,856 sqm of land with roughly 8,199 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$115 psf. The most recent was in October 2023.

Across JTC's rental returns for Gul Drive, the median rent for industrial space on this street works out to about S$0.34 psf per month over 7 observations. Observed medians on the street span S$0.17 to S$1.46 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

2 industrial projects are still uncompleted on this street, adding about 13,040 sqm of gross floor area, the earliest due around 2027.

The nearest port or airport land is about 4.4 km away. The closest business-park zone is about 3.7 km away. The closest bus stop (Asiatic Agricultural Ind) is 207 m away (about a 3-minute walk).

2 businesses are currently registered at this address with ACRA.

3

What is Airtac International zoned as?

Key takeawayAirtac International 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 →

4

What has Airtac International sold for?

Key takeaway2 transactions are on record since 1995, most recently in Oct 2023 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Oct 2023WarehouseS$6.50M63,031 sqft$103
Aug 2011WarehouseS$8.00M63,031 sqft$127

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.

5

What is near Airtac International?

Amenities nearby

Asiatic Agricultural Ind · 207 mDrs Koo, Fok & Associates Pte Ltd · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

6

How many companies are registered at Airtac International?

Key takeawayACRA records 2 live company registrations at this address.
Live registrations
2
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.

7

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$3.71 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$3.71 psm/mo
Observed range
S$1.82 – S$15.71
Pipeline on this street
2 projects · earliest TOP 2027

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.

8

Frequently asked questions about Airtac International

Where is Airtac International?

Airtac International is at 12 Gul Drive, Singapore 629463, in the Pioneer planning area.

What is Airtac International zoned as?

Airtac International 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 Airtac International?

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 Airtac International?

Airtac International is leasehold. About 7 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Airtac International sold for?

Across 2 recorded transactions, the median is S$115 psf. The latest was in October 2023.

What does industrial space near Airtac International rent for?

JTC's rental returns for Gul Drive put the median at about S$0.34 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Gul Drive, not a rent quoted for Airtac International itself.

How many businesses are registered at Airtac International?

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

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