IndustrialBUSINESS 2LeaseholdDistrict 17 · Changi

Logistech

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2003

Quick Summary

Logistech is a industrial building in District 17 · Changi, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.6. It is leasehold with roughly 30 years remaining. 1 transaction is on record since 1995, most recently in Dec 2003. 6 units are currently listed for rent. ACRA records 9 live company registrations at this address.

The facts are here — now get the verdict on Logistech.

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What are the key facts about Logistech?

Key takeawayLogistech is a industrial building in District 17 · Changi, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 1.6
Tenure: Leasehold
District / Area: District 17 · Changi
Address: 3 Changi North Street 2
Land area: 30,202 sqm
Completed: Not on record
Storeys: Not on record
Owner: CapitaLand Ascendas REIT (SGX filings)
Net lettable area: 324,822 sq ft (the owner's annual report (as filed on SGX))
Estate (JTC): Changi North Industrial Estate
Listed as: Warehouse, Factory / Workshop (B2), Light Industrial (B1)
Transactions on record: 1 (records start 1995)
Live listings: 6
ACRA registrations: 9

Who owns Logistech, and what is it valued at?

Key takeawayLogistech is owned by CapitaLand Ascendas REIT, 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.

Valued at S$69 million as at 31 Dec 2025, by JLL SG.

per CapitaLand Ascendas REIT's SGX filing, 5 Feb 2026

Earlier: S$68.3 million (31 Dec 2024) · S$65.2 million (31 Dec 2022)

LogisTech: CapitaLand Ascendas REIT's annual report (2025)

Occupancy: 94.3% (as of 31 Dec 2025)

per CapitaLand Ascendas REIT's annual report (SGX), 1 Apr 2026, page 54

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.

About Logistech

Logistech is an industrial building in Changi (District 17). It is located along Changi North Street 2, Singapore 498827.

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 30 years left to run. It sits on about 30,202 sqm of land with roughly 38,053 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$98 psf. The most recent was in December 2003.

Across JTC's rental returns for Changi North Street 2, the median rent for industrial space on this street works out to about S$1.53 psf per month over 1 observations. Observed medians on the street span S$1.53 to S$1.53 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 928 m away. The closest business-park zone is about 730 m away. The closest bus stop (Aft Changi Nth St 2) is 213 m away (about a 3-minute walk).

10 businesses are currently registered at this address with ACRA.

What is Logistech zoned as?

Key takeawayLogistech 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 →

What has Logistech sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2003 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Dec 2003	Single-user Factory	S$32.00M	325,471 sqft	$98

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

Market context around Logistech

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.

How fast units move at Logistech

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 6 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 2 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.

What's been approved at Logistech?

Key takeawayURA's planning decisions at Logistech 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.

24 Feb 2020Approved
Additions & alterations
Proposed addition & alteration involving addition of one external metal staircase to existing single-user industrial development on lot 03971t mk.31 at no.3 changi north street 2 singapore (changi planning area)
20 Feb 2020ApprovedFloor 4
Additions & alterations
Proposed retention of metal racking platform at unit #04-XX of existing single-user industrial development on lot 03971t mk 31 at no.3, changi north street
26 Nov 2019Approved
Additions & alterations
Proposed new roof over existing car parking lots to existing single-user industrial development
20 Jun 2014Approved
Additions & alterations
Proposed amendment to approved addition & alteration to existing single-user industrial development on lot 03971t mk 31 at no.3, changi north street 2
18 Feb 2014Approved
Additions & alterations
Proposed addition & alteration to existing single-user industrial development

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).

What is available at Logistech right now?

Key takeaway6 units are currently listed at Logistech. One row per unit; several agents often market the same unit.

For rent (6)

LogistechS$17k/mo · 6,641 sqft
9m high warehouse 8 loading bays @ changiS$25k/mo · 15,500 sqft
LogisTech2 agentsS$26k/mo · 8,310 sqft
LogisTech3 agentsS$72k/mo · 32,884 sqft

Browse every listing at this building →

What is near Logistech?

Amenities nearby

Aft Changi Nth St 2 · 213 mEducational Institution · 260 mSIA Training Centre Clinic · 515 mBusiness Park · 730 mPort / Airport · 928 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Logistech

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Upper Changi, 1.1 km away. 4 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 45% of industrial buildings

no MRT/LRT within 1 km (nearest Upper Changi, 1.1 km); bus stops within 400 m: 6, about 5,125 taps a weekday; Changi: 63,747 resident workers (Census 2020, by workplace); about 33,000 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

6 bus stops within 400 m, with 5,125 boardings and alightings on an average weekday.

Public car parks within 500 m

Changi North St 2 (URA)100 m
S$0.60 per half-hour at midday on a weekday · 9 car lots
Changi North Crescent (URA)203 m
S$0.60 per half-hour at midday on a weekday · 16 car lots
Blk 351A Tampines Street 33 (HDB)349 m
S$0.60 per half-hour at midday on a weekday · gantry 1.9 m · 345 car lots
Changi North Area (URA)492 m
season S$90/month

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

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

Who's registered at Logistech?

Key takeaway9 live companies (and LLPs and branches; sole proprietors are not counted) list Logistech as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
3
Transportation and storage
2
Construction
2
Manufacturing
1
Education
1
Accommodation and food services
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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$16.43 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$16.43 psm/mo
Observed range: S$16.43 – S$16.43

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 Logistech

Where is Logistech?⌄

Logistech is at 3 Changi North Street 2, Singapore 498827, in the Changi planning area.

What is Logistech zoned as?⌄

Logistech 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 Logistech?⌄

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 Logistech?⌄

Logistech is leasehold. About 30 years remain on the lease.

What have units at Logistech sold for?⌄

Across 1 recorded transaction, the median is S$98 psf. The latest was in December 2003.

What does industrial space near Logistech rent for?⌄

JTC's rental returns for Changi North Street 2 put the median at about S$1.53 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Changi North Street 2, not a rent quoted for Logistech itself.

How many businesses are registered at Logistech?⌄

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

For agents · in the PropKaki app

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Owner: the REIT or SGX-listed company whose latest valuation notice or annual report lists this building (a later divestment removes it). '(N% interest)' or '(part of the strata)' when it holds less than the whole. A building with no listed owner shows none — a private owner is never named.

Net lettable area: as the owner's latest annual report prints it (sq m converted to sq ft where needed).

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from JTC estate boundaries, the owner's SGX filings, the owner's annual report (as filed on SGX), URA car park data (URA Data Service), PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Owners, valuations and deals: the owners' own filings on SGX (notices of valuation of real assets, acquisition and divestment announcements, annual reports), facts only, each with its date.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.