IndustrialBUSINESS 2LeaseholdDistrict 16 · Tampines

Circle Concord Districentre

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2021
Quick Summary

Circle Concord Districentre is a industrial building in District 16 · Tampines, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.0. It is leasehold. 3 transactions are on record since 1995, most recently in Dec 2021. ACRA records 0 live company registrations at this address.

1

What are the key facts about Circle Concord Districentre?

Key takeawayCircle Concord Districentre is a industrial building in District 16 · Tampines, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.0
Tenure
Leasehold
District / Area
District 16 · Tampines
Address
9 Changi South Street 2
Land area
8,612 sqm
Completed
Not on record
Storeys
4 (© OpenStreetMap contributors)
Owner
Mapletree Logistics Trust (SGX filings)
Net lettable area
111,589 sq ft (the owner's annual report (as filed on SGX))
Estate (JTC)
Changi International LogisPark (South)
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
0
2

Who owns Circle Concord Districentre, and what is it valued at?

Key takeawayCircle Concord Districentre is owned by Mapletree Logistics Trust, 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 Changi South Street 2
Valued at S$25.4 million as at 31 Mar 2026, by Savills Valuation and Professional Services (S) Pte Ltd.
9 Changi South Street 2: Mapletree Logistics Trust's annual report (2025)
Occupancy
78% (as of 31 Mar 2026)
Land tenure
30+30 years
Whole-building deals
  1. Announced 9 Jul 2021
    HSBC Institutional Trust Services (Singapore) Limited (in its capacity as trustee of MLT) bought 9 Changi South Street 2 for S$24.5 million (purchase price) from RSH Holdings Pte Ltd.

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 Circle Concord Districentre

Circle Concord Districentre is an industrial building in Tampines (District 16). It is located along Changi South Street 2, Singapore 486631.

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

The site is leasehold, with about 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 8,612 sqm of land with roughly 17,224 sqm of gross floor area.

3 transactions have been recorded here, at a median of S$264 psf. The most recent was in December 2021.

Across JTC's rental returns for Changi South Street 2, the median rent for industrial space on this street works out to about S$1.60 psf per month over 17 observations. Observed medians on the street span S$1.20 to S$2.60 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 1.6 km away. The closest business-park zone is about 307 m away. The nearest MRT is Xilin MRT, 291 m away (about a 4-minute walk). The closest bus stop (CEVA Freight) is 83 m away (about a 1-minute walk).

4

What is Circle Concord Districentre zoned as?

Key takeawayCircle Concord Districentre sits on land zoned BUSINESS 2 with a gross plot ratio of 2.0.
Land-use zone
BUSINESS 2
Gross plot ratio
2.0

Run the full zoning report for this building →

5

What has Circle Concord Districentre sold for?

Key takeaway3 transactions are on record since 1995, most recently in Dec 2021 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2021WarehouseS$24.50M92,693 sqft$264
Jul 2021WarehouseS$24.50M92,693 sqft$264
Mar 2001Single-user FactoryS$17.80M92,700 sqft$192

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

6

Market context around Circle Concord Districentre

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

What is near Circle Concord Districentre?

Key takeawayThe nearest MRT/LRT is Xilin MRT, about 291 m away.

Getting around

Amenities nearby

CEVA Freight · 83 mBusiness Park - White · 307 mExpo MRT Exit F · 496 mParkway Shenton Medical Group (Changi Business Park Crescent) · 527 mEducational Institution · 816 m

Straight-line distances. Source: PropKaki amenities data.

8

Getting there and parking at Circle Concord Districentre

Key takeawayThe nearest station is Expo (CG1 / DT35), 493 m away — a moderately busy station, with about 32,000 taps in and out on an average weekday. One public car park is within 500 m.
Foot traffic: busier than 77% of industrial buildings

nearest MRT/LRT Expo (CG1/DT35) 493 m, about 32,000 taps a weekday; bus stops within 400 m: 9, about 2,533 taps a weekday; Tampines: 84,200 resident workers (Census 2020, by workplace); about 3,907 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

  • Expo (CG1 / DT35)493 m · about 32,000 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 Circle Concord Districentre. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with 2,533 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Changi South St 2 (URA)111 m
    S$0.60 per half-hour at midday on a weekday · 77 car lots

Nearest URA season parking: Changi South Lane, 1.2 km away, S$90/month.

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

9

How many companies are registered at Circle Concord Districentre?

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$17.22 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$17.22 psm/mo
Observed range
S$12.92 – S$28.03

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 Circle Concord Districentre

Where is Circle Concord Districentre?⌄

Circle Concord Districentre is at 9 Changi South Street 2, Singapore 486631, in the Tampines planning area.

What is Circle Concord Districentre zoned as?⌄

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

What kind of business can operate at Circle Concord Districentre?⌄

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 Circle Concord Districentre?⌄

Circle Concord Districentre is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Circle Concord Districentre sold for?⌄

Across 3 recorded transactions, the median is S$264 psf. The latest was in December 2021.

What does industrial space near Circle Concord Districentre rent for?⌄

JTC's rental returns for Changi South Street 2 put the median at about S$1.60 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Changi South Street 2, not a rent quoted for Circle Concord Districentre itself.

What is the nearest MRT station to Circle Concord Districentre?⌄

Xilin MRT is the closest, 291 m away (about a 4-minute walk).

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