IndustrialBUSINESS 2LeaseholdDistrict 16 · Tampines

Guan Hwa Steel Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2006
Quick Summary

Guan Hwa Steel Centre is a industrial building in District 16 · Tampines, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.6. It is leasehold with roughly 68 years remaining. 1 transaction is on record since 1995, most recently in Aug 2006. 1 unit is currently listed for rent. ACRA records 24 live company registrations at this address.

1

What are the key facts about Guan Hwa Steel Centre?

Key takeawayGuan Hwa Steel Centre is a industrial building in District 16 · Tampines, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
1.6
Tenure
Leasehold
District / Area
District 16 · Tampines
Address
43 Changi South Avenue 2
Land area
8,567 sqm
Completed
Not on record
Storeys
4 (© OpenStreetMap contributors)
Estate (JTC)
Changi South Industrial Estate
Listed as
Factory / Workshop (B2), Office
Transactions on record
1 (records start 1995)
Live listings
1
ACRA registrations
24
2

About Guan Hwa Steel Centre

Guan Hwa Steel Centre is an industrial building in Tampines (District 16). It is located along Changi South Avenue 2, Singapore 486164.

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 68 years left to run. It sits on about 8,567 sqm of land with roughly 10,019 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$36 psf. The most recent was in August 2006.

Across JTC's rental returns for Changi South Avenue 2, the median rent for industrial space on this street works out to about S$1.20 psf per month over 23 observations. Observed medians on the street span S$0.10 to S$2.75 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 29,190 sqm of gross floor area, the earliest due around 2028.

The nearest port or airport land is about 754 m away. The closest business-park zone is about 298 m away. The nearest MRT is Xilin MRT, 892 m away (about a 14-minute walk). The closest bus stop (Bef Changi Sth St 1) is 116 m away (about a 2-minute walk).

25 businesses are currently registered at this address with ACRA.

3

What is Guan Hwa Steel Centre zoned as?

Key takeawayGuan Hwa Steel Centre sits on land zoned BUSINESS 2 with a gross plot ratio of 1.6.
Land-use zone
BUSINESS 2
Gross plot ratio
1.6

Run the full zoning report for this building →

4

What has Guan Hwa Steel Centre sold for?

Key takeaway1 transaction is on record since 1995, most recently in Aug 2006 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2006Single-user FactoryS$3.30M92,214 sqft$36

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

5

What does space at Guan Hwa Steel Centre rent for?

Key takeawayNo rent is published for Guan Hwa Steel Centre itself. On its street, Changi South Avenue 2, strata factory space rented at a median of $1.68 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 Changi South Avenue 2

Street level · 2026Q3
25th pct
—
— psm
Median
$1.68
$18.08 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +9.2% on a year earlier

2023Q4 · $21.53 psm2026Q3 · $18.08 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.

6

Market context around Guan Hwa Steel Centre

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

How fast units move at Guan Hwa Steel Centre

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

8

What's been approved at Guan Hwa Steel Centre?

Key takeawayURA has approved 1 change of use at Guan Hwa Steel Centre since 2000, most recently in 2024. 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.
  1. 28 Oct 2024Approved
    Change of use to existing 2-storey ancillary building

    Proposed temporary ancillary workers dormitory (10 workers) to existing 2-storey ancillary building of existing 4-storey single-user factory building

  2. 9 Apr 2021Agency works
    Additions & alterations

    Proposed addition & alteration to existing 2-storey ancillary building of existing 4-storey single-user factory building

  3. 16 Nov 2005Approved
    Additions & alterations

    Proposed 1 no 20, 000 litres diesel oil tank to existing factory bldg

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).

9

What is available at Guan Hwa Steel Centre right now?

Key takeaway1 unit is currently listed at Guan Hwa Steel Centre. One row per unit; several agents often market the same unit.

For rent (1)

  • changi south avenue 2S$35k/mo · 22,000 sqft

Browse every listing at this building →

10

What is near Guan Hwa Steel Centre?

Key takeawayThe nearest MRT/LRT is Xilin MRT, about 892 m away.

Getting around

Amenities nearby

Bef Changi Sth St 1 · 116 mBusiness Park · 298 mRafflesMedical (Changi City Point) · 703 mPort / Airport · 755 mExpo MRT Exit D · 858 mEducational Institution · 880 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Guan Hwa Steel Centre

Key takeawayThe nearest station is Expo (CG1 / DT35), 859 m away — a moderately busy station, with about 32,000 taps in and out on an average weekday. 3 public car parks are within 500 m.
Foot traffic: busier than 66% of industrial buildings

nearest MRT/LRT Expo (CG1/DT35) 859 m, about 32,000 taps a weekday; bus stops within 400 m: 2, about 1,023 taps a weekday; Tampines: 84,200 resident workers (Census 2020, by workplace); about 663 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)859 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 Guan Hwa Steel Centre. Transfers between lines don't tap, so interchanges read low.

Bus

2 bus stops within 400 m, with 1,023 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Changi South Ave 4 (URA)90 m
    S$0.60 per half-hour at midday on a weekday · 26 car lots
  • Changi South St 1 (URA)266 m
    S$0.60 per half-hour at midday on a weekday · 59 car lots
  • Changi South Ave 2 (URA)268 m
    S$0.60 per half-hour at midday on a weekday · 12 car lots

Nearest URA season parking: Changi North Area, 1.4 km away, S$90/month.

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

12

Who's registered at Guan Hwa Steel Centre?

Key takeaway24 live companies (and LLPs and branches; sole proprietors are not counted) list Guan Hwa Steel Centre as their registered address. These are registered businesses, not who occupies the space.
  • Transportation and storage
    14
  • Wholesale and retail trade
    4
  • Construction
    4
  • Financial and insurance
    1
  • Professional, scientific and technical services
    1
  • Information and communications
    0
  • Administrative and support services
    0
  • Manufacturing
    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.

13

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$12.94 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$12.94 psm/mo
Observed range
S$1.11 – S$29.60
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.

14

Frequently asked questions about Guan Hwa Steel Centre

Where is Guan Hwa Steel Centre?⌄

Guan Hwa Steel Centre is at 43 Changi South Avenue 2, Singapore 486164, in the Tampines planning area.

What is Guan Hwa Steel Centre zoned as?⌄

Guan Hwa Steel Centre 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 Guan Hwa Steel Centre?⌄

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 Guan Hwa Steel Centre?⌄

Guan Hwa Steel Centre is leasehold. About 68 years remain on the lease.

What have units at Guan Hwa Steel Centre sold for?⌄

Across 1 recorded transaction, the median is S$36 psf. The latest was in August 2006.

What does industrial space near Guan Hwa Steel Centre rent for?⌄

JTC's rental returns for Changi South Avenue 2 put the median at about S$1.20 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Changi South Avenue 2, not a rent quoted for Guan Hwa Steel Centre itself.

What is the nearest MRT station to Guan Hwa Steel Centre?⌄

Xilin MRT is the closest, 892 m away (about a 14-minute walk).

How many businesses are registered at Guan Hwa Steel Centre?⌄

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

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