IndustrialBUSINESS 2LeaseholdDistrict 16 · Tampines

King Wai Industrial Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Feb 2015
Quick Summary

King Wai Industrial Building is a industrial building in District 16 · Tampines, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.0. It is leasehold. 2 transactions are on record since 1995, most recently in Feb 2015. ACRA records 1 live company registration at this address.

1

What are the key facts about King Wai Industrial Building?

Key takeawayKing Wai Industrial Building is a industrial building in District 16 · Tampines, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
1.0
Tenure
Leasehold
District / Area
District 16 · Tampines
Address
52 Changi South Street 1
Land area
6,397 sqm
Completed
Not on record
Storeys
Not on record
Estate (JTC)
Changi South Industrial Estate
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
1
2

About King Wai Industrial Building

King Wai Industrial Building is an industrial building in Tampines (District 16). It is located along Changi South Street 1, Singapore 486161.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1. 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 6,397 sqm of land with roughly 6,397 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$134 psf. The most recent was in February 2015.

Across JTC's rental returns for Changi South Street 1, the median rent for industrial space on this street works out to about S$0.94 psf per month over 10 observations. Observed medians on the street span S$0.35 to S$1.90 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 322 m away. The closest business-park zone is about 331 m away. The closest bus stop (Bef Changi Sth St 1) is 383 m away (about a 6-minute walk).

1 business is currently registered at this address with ACRA.

3

What is King Wai Industrial Building zoned as?

Key takeawayKing Wai Industrial Building sits on land zoned BUSINESS 2 with a gross plot ratio of 1.0.
Land-use zone
BUSINESS 2
Gross plot ratio
1.0

Run the full zoning report for this building →

4

What has King Wai Industrial Building sold for?

Key takeaway2 transactions are on record since 1995, most recently in Feb 2015 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Feb 2015Single-user FactoryS$14.80M68,862 sqft$215
Apr 2004Single-user FactoryS$3.65M68,862 sqft$53

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

Market context around King Wai Industrial 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

What's been approved at King Wai Industrial Building?

Key takeawayURA's planning decisions at King Wai Industrial Building since 2000 are below. 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. 2 Mar 2007Approved
    Additions & alterations

    Amendment to approved addition & alteration of the first storey of existing part 2/ part 3 storey single - user, single -occupier light industry factory

  2. 23 Mar 2005Approved
    Additions & alterations

    Proposed a/a to the 1st sty of existing part 2/part 3 sty single-user, single-occupier light industry factory

  3. 12 Nov 2002Approved
    Additions & alterations

    Retention of works for alterations/additions to extg part 2/part 3-sty single-user , single occupier light ind.fty

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).

7

What is near King Wai Industrial Building?

Amenities nearby

Port / Airport · 322 mBusiness Park · 331 mBef Changi Sth St 1 · 383 mEducational Institution · 838 mRafflesMedical (Changi City Point) · 957 m

Straight-line distances. Source: PropKaki amenities data.

8

Getting there and parking at King Wai Industrial Building

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Expo, 1.1 km away. 2 public car parks are within 500 m.
Foot traffic: busier than 43% of industrial buildings

no MRT/LRT within 1 km (nearest Expo, 1.1 km); bus stops within 400 m: 1, about 806 taps a weekday; Tampines: 84,200 resident workers (Census 2020, by workplace); about 534 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

1 bus stop within 400 m, with 806 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Changi South St 1 (URA)277 m
    S$0.60 per half-hour at midday on a weekday · 59 car lots
  • Changi South Ave 4 (URA)374 m
    S$0.60 per half-hour at midday on a weekday · 26 car lots

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

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

9

Who's registered at King Wai Industrial Building?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list King Wai Industrial Building as their registered address. These are registered businesses, not who occupies the space.
  • Manufacturing
    1

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.

10

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$10.09 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$10.09 psm/mo
Observed range
S$3.79 – S$20.41

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 King Wai Industrial Building

Where is King Wai Industrial Building?⌄

King Wai Industrial Building is at 52 Changi South Street 1, Singapore 486161, in the Tampines planning area.

What is King Wai Industrial Building zoned as?⌄

King Wai Industrial Building is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at King Wai Industrial Building?⌄

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 King Wai Industrial Building?⌄

King Wai Industrial Building 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 King Wai Industrial Building sold for?⌄

Across 2 recorded transactions, the median is S$134 psf. The latest was in February 2015.

What does industrial space near King Wai Industrial Building rent for?⌄

JTC's rental returns for Changi South Street 1 put the median at about S$0.94 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Changi South Street 1, not a rent quoted for King Wai Industrial Building itself.

How many businesses are registered at King Wai Industrial Building?⌄

1 business is currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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