Apico Industrial Building

Asset class

Industrial

Land-use zone

BUSINESS 2

Gross plot ratio

1.6

Tenure

Leasehold

District / Area

District 16 · Tampines

Address

39 Changi South Avenue 2

Land area

5,212 sqm

Completed

Not on record

Storeys

4 (© OpenStreetMap contributors)

Estate (JTC)

Changi South Industrial Estate

Listed as

Light Industrial (B1)

Transactions on record

1 (records start 1995)

Live listings

None

ACRA registrations

4

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.

Apico Industrial Building is an industrial property in Tampines (District 16). It is located along Changi South Avenue 2, Singapore 486352.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1.6. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 29 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 5,212 sqm of land with roughly 8,339 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$296 psf. The most recent was in August 2026.

Across JTC's rental returns for Changi South Avenue 2, the median rent for industrial space on this street works out to about S$1.20 psf per month over 23 observations. Observed medians on the street span S$0.10 to S$2.75 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

1 industrial project is still uncompleted on this street, adding about 29,190 sqm of gross floor area, the earliest due around 2028.

The nearest port or airport land is about 877 m away. The closest business-park zone is about 278 m away. The nearest MRT is Xilin MRT, 767 m away (about a 12-minute walk). The closest bus stop (Aft Sunny Metal & Engrg) is 90 m away (about a 1-minute walk).

5 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 2

Gross plot ratio

1.6

Run the full zoning report for this building →

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

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.

Straight-line distances. Source: PropKaki amenities data.

• Wholesale and retail trade
  2
• Administrative and support services
  1
• Accommodation and food services
  1
• Professional, scientific and technical services
  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.

Street rent, median

S$12.94 psm/mo

Observed range

S$1.11 – S$29.60

Pipeline on this street

1 project · earliest TOP 2028

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.