Changi North Industrial Park
Changi North Industrial Park is a industrial building in District 17 · Changi, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.6. It is leasehold with roughly 54 years remaining. 1 transaction is on record since 1995, most recently in Oct 1997. ACRA records 8 live company registrations at this address.
What are the key facts about Changi North Industrial Park?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 1.6
- Tenure
- Leasehold
- District / Area
- District 17 · Changi
- Address
- 23 Changi North Crescent
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Estate (JTC)
- Changi North Industrial Estate
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 8
About Changi North Industrial Park
Changi North Industrial Park is an industrial estate in Changi (District 17). It is located along Changi North Crescent, Singapore 499616.
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 54 years left to run.
1 transaction has been recorded here, at a median of S$63 psf. The most recent was in October 1997.
Across JTC's rental returns for Changi North Crescent, the median rent for industrial space on this street works out to about S$1.84 psf per month over 1 observations. Observed medians on the street span S$1.84 to S$1.84 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 611 m away. The closest business-park zone is about 602 m away. The closest bus stop (Bef VICOM) is 90 m away (about a 1-minute walk).
9 businesses are currently registered at this address with ACRA.
What is Changi North Industrial Park zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 1.6
What has Changi North Industrial Park sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Oct 1997 | Single-user Factory | S$5.17M | 81,921 sqft | $63 |
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
Market context around Changi North Industrial Park
- 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
- 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
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's been approved at Changi North Industrial Park?
- 13 Sept 2023Agency worksAdditions & alterations
Proposed additions & alterations to existing 2-storey single user jtc standard light industrial factory on lot 2150 mk 31 at 23 changi north crescent
- 8 Oct 2002ApprovedAdditions & alterations
Proposed amendment to approved additions and alterations to existing 2-storey single user jtc standard light industrial factory (old lot 2150pt) (plot a17803)
- 7 Oct 2002ApprovedAdditions & alterations
Extn of wp - proposed additions and alterations to existing 2-storey single user jtc standard light industrial factory (old lot 2150pt) (plot a17803)
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).
What is near Changi North Industrial Park?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Changi North Industrial Park
no MRT/LRT within 1 km (nearest Upper Changi, 1.2 km); bus stops within 400 m: 7, about 2,245 taps a weekday; Changi: 63,747 resident workers (Census 2020, by workplace); about 19,000 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 2,245 boardings and alightings on an average weekday.
Public car parks within 500 m
- Changi North Crescent (URA)149 mS$0.60 per half-hour at midday on a weekday · 16 car lots
- Changi North St 1 (URA)194 mS$0.60 per half-hour at midday on a weekday · 14 car lots
- Changi North Rise (URA)235 mS$0.60 per half-hour at midday on a weekday · 13 car lots
- Changi North St 2 (URA)246 mS$0.60 per half-hour at midday on a weekday · 9 car lots
- Changi North Area (URA)335 mseason S$90/month
Public car parks only, by straight-line distance, with the operator's published rates. Changi North Industrial Park's own car park, if it has one, and its charges are not in the open data.
Who's registered at Changi North Industrial Park?
- Manufacturing5
- Financial and insurance2
- Wholesale and retail trade1
- Construction0
- Administrative and support services0
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?
- Street rent, median
- S$19.85 psm/mo
- Observed range
- S$19.85 – S$19.85
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 Changi North Industrial Park
Where is Changi North Industrial Park?⌄
Changi North Industrial Park is at 23 Changi North Crescent, Singapore 499616, in the Changi planning area.
What is Changi North Industrial Park zoned as?⌄
Changi North Industrial Park is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1.6. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
What kind of business can operate at Changi North Industrial Park?⌄
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 Changi North Industrial Park?⌄
Changi North Industrial Park is leasehold. About 54 years remain on the lease.
What have units at Changi North Industrial Park sold for?⌄
Across 1 recorded transaction, the median is S$63 psf. The latest was in October 1997.
What does industrial space near Changi North Industrial Park rent for?⌄
JTC's rental returns for Changi North Crescent put the median at about S$1.84 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Changi North Crescent, not a rent quoted for Changi North Industrial Park itself.
How many businesses are registered at Changi North Industrial Park?⌄
9 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on Changi North Industrial Park.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
