IndustrialBUSINESS 2LeaseholdDistrict 16 · Tampines

Ktl Distribution Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2010
Quick Summary

Ktl Distribution 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. 2 transactions are on record since 1995, most recently in Nov 2010. ACRA records 7 live company registrations at this address.

1

What are the key facts about Ktl Distribution Centre?

Key takeawayKtl Distribution 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
23 Changi South Avenue 2
Land area
9,948 sqm
Completed
Not on record
Storeys
Not on record
Estate (JTC)
Changi International LogisPark (South)
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
7
2

Who owns Ktl Distribution Centre, and what is it valued at?

Key takeawayNo REIT or listed company holds Ktl Distribution Centre today on its latest filings. Earlier SGX filings about it are below, each with its date.
Whole-building deals
  1. Announced 14 Feb 2011 · completed 14 Feb 2011
    the Trust sold 23 Changi South Avenue 2 Singapore 486443 for S$16.5 million (net sales proceeds).
  2. Announced 3 Nov 2010
    HSBC Institutional Trust Services (Singapore) Limited, in its capacity as trustee of AIMSAMPIREIT sold 23 Changi South Avenue 2 for S$16.7 million (sale consideration) to Premier Land (East) 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 Ktl Distribution Centre

Ktl Distribution Centre is an industrial building in Tampines (District 16). It is located along Changi South Avenue 2, Singapore 486443.

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 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 9,948 sqm of land with roughly 12,922 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$169 psf. The most recent was in November 2010.

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 1.1 km away. The closest business-park zone is about 154 m away. The nearest MRT is Xilin MRT, 488 m away (about a 8-minute walk). The closest bus stop (Strides Premier) is 106 m away (about a 2-minute walk).

7 businesses are currently registered at this address with ACRA.

4

What is Ktl Distribution Centre zoned as?

Key takeawayKtl Distribution 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 →

5

What has Ktl Distribution Centre sold for?

Key takeaway2 transactions are on record since 1995, most recently in Nov 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2010Single-user FactoryS$16.70M107,082 sqft$156
Dec 2006Single-user FactoryS$19.50M107,082 sqft$182

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

What does space at Ktl Distribution Centre rent for?

Key takeawayNo rent is published for Ktl Distribution 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.

7

Market context around Ktl Distribution 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.

8

What's been approved at Ktl Distribution Centre?

Key takeawayURA's planning decisions at Ktl Distribution Centre 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. 4 Aug 2015Approved
    Additions & alterations

    Proposed amendment to approved change of use from existing warehouse to new vehicle workshop on 3rd & 4th level with additions & alterations to the existing 4 storey warehouse into a 4 storey single-user general industrial building for vehicle workshop

  2. 18 Sept 2014Approved
    Additions & alterations

    Proposed change of use from existing warehouse to new vehicle workshop on 3rd & 4th level with additions & alterations to the existing 4 storey warehouse into a 4 storey single-user general industrial building for vehicle workshop

  3. 19 Sept 2011Agency works
    Additions & alterations

    Proposed addition and alteration to existing 4 storey warehouse on lot 09540n mukim 27 at no. 23 changi south avenue 2.

  4. 25 Apr 2011Approved
    Additions & alterations

    Proposed change of use from warehouse to vehicle workshop at 1st storey of the existing 4-storey warehouse and addition of diesel dispensing facilities

  5. 10 Sept 2003Approved
    Additions & alterations

    Proposed container office and test bed to approved 4-storey single use single occupier warehouse with a basement

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 near Ktl Distribution Centre?

Key takeawayThe nearest MRT/LRT is Xilin MRT, about 488 m away.

Getting around

Amenities nearby

Strides Premier · 106 mBusiness Park · 154 mParkway Shenton Medical Group (Changi Business Park Crescent) · 517 mExpo MRT Exit D · 604 mEducational Institution · 888 mPort / Airport · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

10

Getting there and parking at Ktl Distribution Centre

Key takeawayThe nearest station is Expo (CG1 / DT35), 604 m away — a moderately busy station, with about 32,000 taps in and out on an average weekday. 2 public car parks are within 500 m.
Foot traffic: busier than 70% of industrial buildings

nearest MRT/LRT Expo (CG1/DT35) 604 m, about 32,000 taps a weekday; bus stops within 400 m: 5, about 1,155 taps a weekday; Tampines: 84,200 resident workers (Census 2020, by workplace); about 725 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)604 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 Ktl Distribution Centre. Transfers between lines don't tap, so interchanges read low.

Bus

5 bus stops within 400 m, with 1,155 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Changi South Ave 2 (URA)229 m
    S$0.60 per half-hour at midday on a weekday · 12 car lots
  • Changi South Ave 4 (URA)455 m
    S$0.60 per half-hour at midday on a weekday · 26 car lots

Nearest URA season parking: Changi North Area, 1.6 km away, S$90/month.

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

11

Who's registered at Ktl Distribution Centre?

Key takeaway7 live companies (and LLPs and branches; sole proprietors are not counted) list Ktl Distribution Centre as their registered address. These are registered businesses, not who occupies the space.
  • Transportation and storage
    2
  • Administrative and support services
    2
  • Wholesale and retail trade
    1
  • Financial and insurance
    1
  • Other services
    1
  • Manufacturing
    0
  • Information and communications
    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.

12

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.

13

Frequently asked questions about Ktl Distribution Centre

Where is Ktl Distribution Centre?⌄

Ktl Distribution Centre is at 23 Changi South Avenue 2, Singapore 486443, in the Tampines planning area.

What is Ktl Distribution Centre zoned as?⌄

Ktl Distribution 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 Ktl Distribution 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 Ktl Distribution Centre?⌄

Ktl Distribution Centre 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 Ktl Distribution Centre sold for?⌄

Across 2 recorded transactions, the median is S$169 psf. The latest was in November 2010.

What does industrial space near Ktl Distribution 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 Ktl Distribution Centre itself.

What is the nearest MRT station to Ktl Distribution Centre?⌄

Xilin MRT is the closest, 488 m away (about a 8-minute walk).

How many businesses are registered at Ktl Distribution Centre?⌄

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

For agents · in the PropKaki app

The facts are here — now get the verdict on Ktl Distribution Centre.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about Ktl Distribution Centre — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…