IndustrialBUSINESS 2Leasehold (term not parsed)District 16 · Tampines

Nan Wah Building

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2004
Quick Summary

Nan Wah 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 2.5. It is leasehold (term not parsed). 1 transaction is on record since 1995, most recently in May 2004. 4 units are currently listed for rent. ACRA records 26 live company registrations at this address.

1

What are the key facts about Nan Wah Building?

Key takeawayNan Wah Building is a industrial building in District 16 · Tampines, zoned BUSINESS 2, held leasehold (term not parsed).
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.5
Tenure
Leasehold (term not parsed)
District / Area
District 16 · Tampines
Address
4 Changi South Lane
Land area
7,560 sqm
Completed
Not on record
Storeys
Not on record
Owner
CapitaLand Ascendas REIT (SGX filings)
Net lettable area
168,035 sq ft (the owner's annual report (as filed on SGX))
Estate (JTC)
Changi International LogisPark (South)
Listed as
Factory / Workshop (B2), Warehouse
Transactions on record
1 (records start 1995)
Live listings
4
ACRA registrations
26
2

Who owns Nan Wah Building, and what is it valued at?

Key takeawayNan Wah Building 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.
4 Changi South Lane
Valued at S$30 million as at 31 Dec 2025, by JLL SG.
4 Changi South Lane: CapitaLand Ascendas REIT's annual report (2025)
Occupancy
100% (as of 31 Dec 2025)

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 Nan Wah Building

Nan Wah Building is an industrial building in Tampines (District 16). It is located along Changi South Lane, Singapore 486127.

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.

It sits on about 7,560 sqm of land with roughly 18,843 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$287 psf. The most recent was in May 2004.

Across JTC's rental returns for Changi South Lane, the median rent for industrial space on this street works out to about S$1.55 psf per month over 37 observations. Observed medians on the street span S$0.91 to S$2.00 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 2.5 km away. The closest business-park zone is about 1.1 km away. The nearest MRT is Tanah Merah MRT, 844 m away (about a 13-minute walk). The closest bus stop (Flextronic) is 145 m away (about a 2-minute walk).

29 businesses are currently registered at this address with ACRA.

4

What is Nan Wah Building zoned as?

Key takeawayNan Wah Building sits on land zoned BUSINESS 2 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 2
Gross plot ratio
2.5

Run the full zoning report for this building →

5

What has Nan Wah Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in May 2004 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2004Single-user FactoryS$23.30M81,322 sqft$287

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

Market context around Nan Wah 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.

7

How fast units move at Nan Wah Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 4 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.

8

What's been approved at Nan Wah Building?

Key takeawayURA has approved 1 change of use at Nan Wah Building since 2000, most recently in 2014. 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. 29 Apr 2021Approved
    Additions & alterations

    Proposed addition of 1400l diesel tank to the existing nan wah building on lot 10072x mk 27 at 4 changi south lane

  2. 23 Sept 2014ApprovedFloor 1
    Change of use to secondary child care centre

    Proposed change of use of ancillary showroom units #01-XX and #01-XX to secondary child care centre

  3. 26 Apr 2002Approved
    Additions & alterations

    Regularisation of gross floor area and proposed amendment to approved 7-storey warehouse extension with a basement to an existing part 4/ part 7-storey single user, single occupier warehouse building

  4. 4 Dec 2001Approved
    Additions & alterations

    Proposed amendment to approved 7-storey warehouse extension with a basement to an existing part 4/part 7-storey single user, single occupier warehouse buildng

  5. 9 Oct 2000Approved
    Additions & alterations

    Proposed 7-storey warehouse extension with a basement to an existing part 4/part 7-storey single occupier warehouse building

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 Nan Wah Building right now?

Key takeaway4 units are currently listed at Nan Wah Building. One row per unit; several agents often market the same unit.

For rent (4)

  • Nan Wah Building2 agentsS$24k/mo · 12,200 sqft
  • Nan Wah BuildingS$30k/mo · 17,249 sqft
  • Nan Wah BuildingS$34k/mo · 15,451 sqft
  • Nan Wah BuildingS$31k/mo · 17,249 sqft

Browse every listing at this building →

10

What is near Nan Wah Building?

Key takeawayThe nearest MRT/LRT is Tanah Merah MRT, about 844 m away.

Getting around

Amenities nearby

Flextronic · 145 mEducational Institution · 270 mSheng Family Clinic · 307 mChangi General Hospital · 880 mTanah Merah MRT Exit B · 900 mBusiness Park - White · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Nan Wah Building

Key takeawayThe nearest station is Tanah Merah (EW4), 844 m away — a moderately busy station, with about 34,000 taps in and out on an average weekday. One public car park is within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 85% of industrial buildings

nearest MRT/LRT Tanah Merah (EW4) 844 m, about 34,000 taps a weekday; bus stops within 400 m: 12, about 13,000 taps a weekday; Tampines: 84,200 resident workers (Census 2020, by workplace); about 44,000 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.

Stations within 1 km

  • Tanah Merah (EW4)844 m · about 34,000 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 Nan Wah Building. Transfers between lines don't tap, so interchanges read low.

Bus

12 bus stops within 400 m, with about 13,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Changi South Lane (URA)179 m
    S$0.60 per half-hour at midday on a weekday · season S$90/month · 9 car lots

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

12

Who's registered at Nan Wah Building?

Key takeaway26 live companies (and LLPs and branches; sole proprietors are not counted) list Nan Wah Building as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    21
  • Manufacturing
    2
  • Transportation and storage
    2
  • Financial and insurance
    1
  • Construction
    0
  • Information and communications
    0
  • Professional, scientific and technical services
    0
  • Administrative and support services
    0
  • Other 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.

13

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$16.68 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$16.68 psm/mo
Observed range
S$9.80 – S$21.53

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 Nan Wah Building

Where is Nan Wah Building?⌄

Nan Wah Building is at 4 Changi South Lane, Singapore 486127, in the Tampines planning area.

What is Nan Wah Building zoned as?⌄

Nan Wah Building 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 Nan Wah 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 have units at Nan Wah Building sold for?⌄

Across 1 recorded transaction, the median is S$287 psf. The latest was in May 2004.

What does industrial space near Nan Wah Building rent for?⌄

JTC's rental returns for Changi South Lane put the median at about S$1.55 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Changi South Lane, not a rent quoted for Nan Wah Building itself.

What is the nearest MRT station to Nan Wah Building?⌄

Tanah Merah MRT is the closest, 844 m away (about a 13-minute walk).

How many businesses are registered at Nan Wah Building?⌄

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

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