IndustrialBUSINESS 1District 20 · Serangoon

Cheong Fatt Metal Building

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Cheong Fatt Metal Building is a industrial building in District 20 · Serangoon, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. ACRA records 0 live company registrations at this address.

1

What are the key facts about Cheong Fatt Metal Building?

Key takeawayCheong Fatt Metal Building is a industrial building in District 20 · Serangoon, zoned BUSINESS 1.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Not on record
District / Area
District 20 · Serangoon
Address
—
Land area
—
Completed
Not on record
Storeys
Not on record
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.

2

About Cheong Fatt Metal Building

Cheong Fatt Metal Building is an industrial building in Serangoon (District 20). It is located along Ang Mo Kio Industrial Park 2.

Under the URA Master Plan the site is zoned Business 1 with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

Across JTC's rental returns for Ang Mo Kio Industrial Park 2, the median rent for industrial space on this street works out to about S$1.46 psf per month over 104 observations. Observed medians on the street span S$0.64 to S$2.27 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 3.6 km away. The closest business-park zone is about 4.1 km away. The closest bus stop (KLA Corporation) is 211 m away (about a 3-minute walk).

3

What is Cheong Fatt Metal Building zoned as?

Key takeawayCheong Fatt Metal Building sits on land zoned BUSINESS 1 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 1
Gross plot ratio
2.5

Run the full zoning report for this building →

4

What does space at Cheong Fatt Metal Building rent for?

Key takeawayNo rent is published for Cheong Fatt Metal Building itself. On its street, Ang Mo Kio Industrial Park 2, strata factory space rented at a median of $2.19 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 Ang Mo Kio Industrial Park 2

Street level · 2026Q3
25th pct
—
— psm
Median
$2.19
$23.61 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +12.2% on a year earlier

2023Q4 · $19.67 psm2026Q3 · $23.61 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.

5

Market context around Cheong Fatt Metal Building

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.

6

How does Ang Mo Kio Industrial Park 2 price?

Key takeawayAng Mo Kio Industrial Park 2's current JTC street rent is S$23.61 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 11.6% (10.4% net of property tax).
Strata sales on the street (5y)
28
Street median PSF (strata)
$229
Indicative street yield
11.6% gross
10.4% net of property tax

An INDICATIVE street-level yield, not a yield for any particular unit: the current-quarter JTC street rent divided by the street's strata sale PSF median.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Street figures cover strata deals only — land and strata PSF are not comparable.

7

What is near Cheong Fatt Metal Building?

Amenities nearby

Educational Institution · 122 mKLA Corporation · 211 mMedicare Associates Clinic & Surgery · 498 mChomp Chomp Food Centre · 925 m

Straight-line distances. Source: PropKaki amenities data.

8

Getting there and parking at Cheong Fatt Metal Building

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Ang Mo Kio, 1.9 km away. 3 public car parks are within 500 m.
Foot traffic: busier than 62% of industrial buildings

no MRT/LRT within 1 km (nearest Ang Mo Kio, 1.9 km); bus stops within 400 m: 6, about 4,580 taps a weekday; Serangoon: 38,451 resident workers (Census 2020, by workplace); about 33,000 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

6 bus stops within 400 m, with 4,580 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 157 Serangoon North Avenue 1 (HDB)334 m
    S$0.60 per half-hour at midday on a weekday
  • Blk 550A Serangoon North Avenue 3 (HDB)385 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 407 car lots
  • Blk 546A Serangoon North Avenue 3 (HDB)439 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 696 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Nearest URA season parking: Serangoon Garden Estat E, 1.1 km away, S$90/month.

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

9

How many companies are registered at Cheong Fatt Metal Building?

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.

10

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$15.70 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$15.70 psm/mo
Observed range
S$6.91 – S$24.40

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.

11

Frequently asked questions about Cheong Fatt Metal Building

Where is Cheong Fatt Metal Building?⌄

Cheong Fatt Metal Building is at Ang Mo Kio Industrial Park 2, in the Serangoon planning area.

What is Cheong Fatt Metal Building zoned as?⌄

Cheong Fatt Metal Building is zoned Business 1 under the URA Master Plan, with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

What kind of business can operate at Cheong Fatt Metal Building?⌄

Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m. The specific trade still has to be approved, so check the permissible-use list for your activity.

Have there been any recorded transactions at Cheong Fatt Metal Building?⌄

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

What does industrial space near Cheong Fatt Metal Building rent for?⌄

JTC's rental returns for Ang Mo Kio Industrial Park 2 put the median at about S$1.46 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Ang Mo Kio Industrial Park 2, not a rent quoted for Cheong Fatt Metal Building itself.

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