IndustrialBUSINESS 2District 19 · Serangoon

Cggveritas Hub

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Cggveritas Hub is a industrial building in District 19 · Serangoon, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. 5 units are currently listed for rent. ACRA records 0 live company registrations at this address.

1

What are the key facts about Cggveritas Hub?

Key takeawayCggveritas Hub is a industrial building in District 19 · Serangoon, zoned BUSINESS 2.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.5
Tenure
Not on record
District / Area
District 19 · Serangoon
Address
9 Serangoon North Avenue 5
Land area
4,995 sqm
Completed
Not on record
Storeys
Not on record
Owner
CapitaLand Ascendas REIT (SGX filings)
Net lettable area
93,334 sq ft (the owner's annual report (as filed on SGX))
Estate (JTC)
Serangoon North Industrial Estate
Listed as
Factory / Workshop (B2), Food & Beverage
Transactions on record
None recorded
Live listings
5
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.

2

Who owns Cggveritas Hub, and what is it valued at?

Key takeawayCggveritas Hub 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.
9 Serangoon North Avenue 53
Valued at S$15.7 million as at 31 Dec 2025, by Savills.
9 Serangoon North Avenue 5
Valued at S$15.7 million as at 31 Dec 2025.
from its annual report (2025)
9 Serangoon North Avenue 5: CapitaLand Ascendas REIT's annual report (2025)
Occupancy
0% (as of 31 Dec 2025)

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 Cggveritas Hub

Cggveritas Hub is an industrial building in Serangoon (District 19). It is located along Serangoon North Avenue 5, Singapore 554531.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

It sits on about 4,995 sqm of land with roughly 12,488 sqm of gross floor area.

Across JTC's rental returns for Serangoon North Avenue 5, the median rent for industrial space on this street works out to about S$2.01 psf per month over 75 observations. Observed medians on the street span S$0.22 to S$2.96 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 3.2 km away. The closest business-park zone is about 4.3 km away. The closest bus stop (Blk 546) is 188 m away (about a 3-minute walk).

4

What is Cggveritas Hub zoned as?

Key takeawayCggveritas Hub sits on land zoned BUSINESS 2 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 2
Gross plot ratio
2.5

Run the full zoning report for this building →

5

What does space at Cggveritas Hub rent for?

Key takeawayNo rent is published for Cggveritas Hub itself. On its street, Serangoon North Avenue 5, strata factory space rented at a median of $1.96 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 Serangoon North Avenue 5

Street level · 2026Q3
25th pct
—
— psm
Median
$1.96
$21.05 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +22.2% on a year earlier

2023Q3 · $22.17 psm2026Q3 · $21.05 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.

6

Market context around Cggveritas Hub

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.

7

How fast units move at Cggveritas Hub

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 5 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

8

What's been approved at Cggveritas Hub?

Key takeawayURA's planning decisions at Cggveritas Hub 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. 27 Mar 2008Approved
    Additions & alterations

    Proposed addition of a mezzanine floor on the 1st storey of the existing 4-storey single-user light industrial development

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 available at Cggveritas Hub right now?

Key takeaway5 units are currently listed at Cggveritas Hub. One row per unit; several agents often market the same unit.

For rent (5)

  • CGG Veritas BuildingS$200k/mo · 105,453 sqft
  • D19 hi-power 7500amp' B2 Clean Ind Building for Semi-con, Data centre in Serangoon NorthS$233k/mo · 105,452 sqft
  • Office / showroom / warehouse for media / logistic / advance manufacturing @ Serangoon northS$170k/mo · 98,000 sqft
  • Factory, Standalone Building, Serangoon, High Power, Data CentreS$185k/mo · 92,700 sqft

Browse every listing at this building →

10

What is near Cggveritas Hub?

Amenities nearby

Blk 546 · 189 mThe Family Physician Clinic · 379 mEducational Institution · 448 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Cggveritas Hub

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Fernvale, 2.0 km away. 6 public car parks are within 500 m.
Foot traffic: busier than 65% of industrial buildings

no MRT/LRT within 1 km (nearest Fernvale, 2.0 km); bus stops within 400 m: 7, about 6,882 taps a weekday; Serangoon: 38,451 resident workers (Census 2020, by workplace); about 29,000 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

7 bus stops within 400 m, with 6,882 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 546A Serangoon North Avenue 3 (HDB)262 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 696 car lots
  • Blk 550A Serangoon North Avenue 3 (HDB)387 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 407 car lots
  • Blk 542A/542 Serangoon North Avenue 4 (HDB)411 m
    no short-term parking · 3 car lots
  • Blk 542A Serangoon North Avenue 4 (HDB)430 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 199 car lots
  • Blk 157 Serangoon North Avenue 1 (HDB)483 m
    S$0.60 per half-hour at midday on a weekday

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Service Rd (Jln Kelulu T), 1.2 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Cggveritas Hub's own car park, if it has one, and its charges are not in the open data.

12

How many companies are registered at Cggveritas Hub?

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.

13

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$21.68 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$21.68 psm/mo
Observed range
S$2.33 – S$31.82

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.

14

Frequently asked questions about Cggveritas Hub

Where is Cggveritas Hub?⌄

Cggveritas Hub is at 9 Serangoon North Avenue 5, Singapore 554531, in the Serangoon planning area.

What is Cggveritas Hub zoned as?⌄

Cggveritas Hub is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at Cggveritas Hub?⌄

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.

Have there been any recorded transactions at Cggveritas Hub?⌄

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

What does industrial space near Cggveritas Hub rent for?⌄

JTC's rental returns for Serangoon North Avenue 5 put the median at about S$2.01 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Serangoon North Avenue 5, not a rent quoted for Cggveritas Hub itself.

For agents · in the PropKaki app

The facts are here — now get the verdict on Cggveritas Hub.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about Cggveritas Hub — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…