IndustrialBUSINESS 1FreeholdDistrict 13 · Toa Payoh

Ching Shine Industrial Building

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2023

Quick Summary

Ching Shine Industrial Building is a industrial building in District 13 · Toa Payoh, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 33 transactions are on record since 1995, at a median S$400 psf, most recently in May 2023. ACRA records 34 live company registrations at this address.

The facts are here — now get the verdict on Ching Shine Industrial Building.

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What are the key facts about Ching Shine Industrial Building?

Key takeawayChing Shine Industrial Building is a industrial building in District 13 · Toa Payoh, zoned BUSINESS 1, held freehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Freehold
District / Area: District 13 · Toa Payoh
Address: 20 Shaw Road
Land area: 4,551 sqm
Completed: Not on record
Storeys: Not on record
Strata units (MCST): 52
Strata formed: 1984 (MCST 0725)
Units with a recorded sale: At least 26
Transactions on record: 33 (records start 1995)
Live listings: None
ACRA registrations: 34

What are the specs at Ching Shine Industrial Building?

Key takeawayThe building's specs as its sources state them — the listing agent or the management can confirm a unit's own.

Facilities: car park; Source: CommercialGuru

About Ching Shine Industrial Building

Ching Shine Industrial Building is an industrial building in Toa Payoh (District 13). It is located along Shaw Road, Singapore 367956.

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.

The site is freehold. It sits on about 4,551 sqm of land with roughly 11,378 sqm of gross floor area.

33 transactions have been recorded here, at a median of S$400 psf. The most recent was in May 2023.

Across JTC's rental returns for Shaw Road, the median rent for industrial space on this street works out to about S$1.80 psf per month over 92 observations. Observed medians on the street span S$0.49 to S$3.28 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 12,760 sqm of gross floor area, the earliest due around 2028.

The nearest port or airport land is about 7.5 km away. The closest business-park zone is about 429 m away. The nearest MRT is Tai Seng MRT, 495 m away (about a 8-minute walk). The closest bus stop (Asiawide Ind Bldg) is 349 m away (about a 6-minute walk).

58 businesses are currently registered at this address with ACRA.

What is Ching Shine Industrial Building zoned as?

Key takeawayChing Shine Industrial 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 →

What has Ching Shine Industrial Building sold for?

Key takeawayAcross 33 recorded transactions since 1995, the median price is about S$657k, most recently in May 2023.

Date	Use	Price	Area	PSF
May 2023	Multiple-user Factory	S$980k	1,227 sqft	$799
Oct 2022	Multiple-user Factory	S$1.21M	1,561 sqft	$774
Sept 2021	Multiple-user Factory	S$808k	1,044 sqft	$774
Sept 2019	Multiple-user Factory	S$950k	1,561 sqft	$609
May 2019	Multiple-user Factory	S$900k	1,561 sqft	$577
Aug 2017	Multiple-user Factory	S$600k	1,044 sqft	$575
Mar 2016	Multiple-user Factory	S$600k	1,044 sqft	$575
Jun 2015	Multiple-user Factory	S$1.20M	2,099 sqft	$572
Jan 2014	Multiple-user Factory	S$880k	2,002 sqft	$440
Sept 2013	Multiple-user Factory	S$1.28M	2,734 sqft	$470

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

What does space at Ching Shine Industrial Building rent for?

Key takeawayJTC publishes leases at Ching Shine Industrial Building itself: strata factory space leased at a median of $2.00 psf a month in 2025Q4, with the middle half of leases between $1.77 and $2.08. That is the building's figure across its leases, and never a quote for a particular unit.

Strata factory space in this building

This building · 2025Q4

25th pct

$1.77

$19.04 psm

Median

$2.00

$21.53 psm

75th pct

$2.08

$22.36 psm

S$ per sq ft per month · median -7.2% on a year earlier

2019Q3 · $17.92 psm2025Q4 · $21.53 psm median

JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.

Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.

Strata factory space on Shaw Road

Street level · 2026Q3

25th pct

—

— psm

Median

$3.17

$34.17 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +11.5% on a year earlier

2023Q4 · $28.16 psm2026Q3 · $34.17 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.

Market context around Ching Shine Industrial Building

Key takeawayCollective sale: Sold by collective sale for S$113 million to Soon Hock Group (5 Apr 2025), against a reserve price of S$113 million. EdgeProp Singapore A collective sale needs the owners' consent and may still fail.Brokers' 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.

What's been approved at Ching Shine Industrial Building?

Key takeawayURA has approved 1 change of use at Ching Shine Industrial Building since 2000, most recently in 2022, and refused 1. 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.

22 Jul 2025RenewedFloor 1
Continued use as industrial canteen
Continued use of #01-XX as industrial canteen at ching shine industrial building
19 Aug 2022ApprovedFloor 1
Change of use to industrial canteen
Proposed change of use of unit #01-XX to industrial canteen at ching shine industrial building
12 May 2015RefusedFloor 3
Change of use to office
Proposed change of use of factory unit #03-XX to office on lot 05746w mk24 at 20 shaw road (toa payoh planning area)

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).

How does Shaw Road price?

Strata sales on the street (5y)

Too few strata sales on this street to support a median — the count is shown without one.

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

What is near Ching Shine Industrial Building?

Key takeawayThe nearest MRT/LRT is Tai Seng MRT, about 495 m away.

Getting around

Tai Seng MRT495 m · ~8 min

Amenities nearby

Educational Institution · 348 mAsiawide Ind Bldg · 349 mTai Seng Clinic · 350 mTai Seng MRT Exit A · 393 mBusiness Park · 429 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Ching Shine Industrial Building

Key takeawayThe nearest station is Tai Seng (CC11), 393 m away — a busy station, with about 45,000 taps in and out on an average weekday. 18 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 92% of industrial buildings

nearest MRT/LRT Tai Seng (CC11) 393 m, about 45,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 3, about 5,154 taps a weekday; Toa Payoh: 53,749 resident workers (Census 2020, by workplace); about 40,000 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.

Stations within 1 km

Tai Seng (CC11)393 m · about 45,000 weekday taps
Bartley (CC12)773 m · about 19,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Ching Shine Industrial Building. Transfers between lines don't tap, so interchanges read low.

Bus

3 bus stops within 400 m, with 5,154 boardings and alightings on an average weekday.

Public car parks within 500 m

Shaw Rd (URA)60 m
S$0.60 per half-hour at midday on a weekday · 15 car lots
Harrison Rd (URA)136 m
S$0.60 per half-hour at midday on a weekday · 4 car lots
Joo Seng Rd (URA)176 m
S$0.60 per half-hour at midday on a weekday · 20 car lots
Burn Rd (URA)208 m
S$0.60 per half-hour at midday on a weekday · 20 car lots
Mactaggart Rd (URA)221 m
S$0.60 per half-hour at midday on a weekday · 10 car lots

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

Who's registered at Ching Shine Industrial Building?

Key takeaway34 live companies (and LLPs and branches; sole proprietors are not counted) list Ching Shine Industrial Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
10
Construction
8
Accommodation and food services
5
Information and communications
3
Manufacturing
2
Financial and insurance
2
Transportation and storage
2
Professional, scientific and technical services
1
Real estate
1
Administrative and support 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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$19.38 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$19.38 psm/mo
Observed range: S$5.29 – S$35.29
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.

Frequently asked questions about Ching Shine Industrial Building

Where is Ching Shine Industrial Building?⌄

Ching Shine Industrial Building is at 20 Shaw Road, Singapore 367956, in the Toa Payoh planning area.

What is Ching Shine Industrial Building zoned as?⌄

Ching Shine Industrial 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 Ching Shine Industrial 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.

What is the tenure of Ching Shine Industrial Building?⌄

Ching Shine Industrial Building is freehold.

What have units at Ching Shine Industrial Building sold for?⌄

Across 33 recorded transactions, the median is S$400 psf. The latest was in May 2023.

What does industrial space near Ching Shine Industrial Building rent for?⌄

JTC's rental returns for Shaw Road put the median at about S$1.80 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Shaw Road, not a rent quoted for Ching Shine Industrial Building itself.

What is the nearest MRT station to Ching Shine Industrial Building?⌄

Tai Seng MRT is the closest, 495 m away (about a 8-minute walk).

How many businesses are registered at Ching Shine Industrial Building?⌄

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

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from BCA's MCST register, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, CommercialGuru — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.