Food Ascent
Food Ascent is a industrial building in District 22 · Tuas, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 33 years remaining. 81 transactions are on record since 1995, most recently in Jan 2026. 78 units are currently listed for sale or rent. ACRA records 7 live company registrations at this address.
What are the key facts about Food Ascent?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 22 · Tuas
- Address
- 45 Tuas South Avenue 1
- Land area
- 12,425 sqm
- Transactions on record
- 81 (records start 1995)
- Live listings
- 78
- ACRA registrations
- 7
About Food Ascent
Food Ascent is an industrial building in Tuas (District 22). It is located along Tuas South Avenue 1, Singapore 639427.
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.
The site is leasehold, with about 33 years left to run. It sits on about 12,425 sqm of land with roughly 31,063 sqm of gross floor area.
81 transactions have been recorded here, at a median of S$588 psf. The most recent was in January 2026.
Across JTC's rental returns for Tuas South Avenue 1, the median rent for industrial space on this street works out to about S$1.32 psf per month over 27 observations. Observed medians on the street span S$0.90 to S$1.96 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 5.6 km away. The closest bus stop (Aft Tuas Sth Ave 2) is 196 m away (about a 3-minute walk).
7 businesses are currently registered at this address with ACRA.
What is Food Ascent zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
What has Food Ascent sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jan 2026 | Multiple-user Factory | S$1.81M | 2,669 sqft | $680 |
| Jan 2026 | Multiple-user Factory | S$1.54M | 2,153 sqft | $716 |
| Nov 2025 | Multiple-user Factory | S$1.55M | 2,164 sqft | $716 |
| Aug 2025 | Multiple-user Factory | S$3.46M | 5,091 sqft | $680 |
| Sept 2024 | Multiple-user Factory | S$1.27M | 2,131 sqft | $598 |
| Sept 2024 | Multiple-user Factory | S$1.29M | 2,153 sqft | $598 |
| Aug 2024 | Multiple-user Factory | S$1.55M | 2,551 sqft | $608 |
| Aug 2024 | Multiple-user Factory | S$1.54M | 2,540 sqft | $608 |
| Aug 2024 | Multiple-user Factory | S$1.30M | 2,142 sqft | $608 |
| Aug 2024 | Multiple-user Factory | S$1.54M | 2,530 sqft | $610 |
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.
How does Tuas South Avenue 1 price?
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.
What is available at Food Ascent right now?
For sale (12)
- Food Ascent3 agentsS$1.75M · 2,573 sqft
- Food Ascent5 agentsS$8.99M · 13,218 sqft
- Food Ascent3 agentsS$1.73M · 2,562 sqft
- Food Ascent2 agentsS$1.10M · 2,132 sqft
For rent (66)
- Food AscentS$6k/mo · 2,658 sqft
- Food AscentS$5k/mo · 2,164 sqft
- Food Ascent2 agentsS$4k/mo · 2,271 sqft
- Food Ascent2 agentsS$4k/mo · 2,271 sqft
What is near Food Ascent?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Food Ascent?
- Live registrations
- 7
- Registered last 3 years
- 3
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.
What does industrial space rent for on this street?
- Street rent, median
- S$14.19 psm/mo
- Observed range
- S$9.64 – S$21.05
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 Food Ascent
Where is Food Ascent?⌄
Food Ascent is at 45 Tuas South Avenue 1, Singapore 639427, in the Tuas planning area.
What is Food Ascent zoned as?⌄
Food Ascent 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 Food Ascent?⌄
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 Food Ascent?⌄
Food Ascent is leasehold. About 33 years remain on the lease.
What have units at Food Ascent sold for?⌄
Across 81 recorded transactions, the median is S$588 psf. The latest was in January 2026.
What does industrial space near Food Ascent rent for?⌄
JTC's rental returns for Tuas South Avenue 1 put the median at about S$1.32 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Tuas South Avenue 1, not a rent quoted for Food Ascent itself.
How many businesses are registered at Food Ascent?⌄
7 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 Food Ascent.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.