Nasaco Tech Centre

Asset class

Industrial

Land-use zone

BUSINESS 2

Gross plot ratio

1.6

Tenure

Leasehold

District / Area

District 16 · Tampines

Address

49 Changi South Avenue 2

Land area

10,961 sqm

Completed

Not on record

Storeys

Not on record

Estate (JTC)

Changi South Industrial Estate

Transactions on record

1 (records start 1995)

Live listings

None

ACRA registrations

2

Nasaco Tech Centre is an industrial building in Tampines (District 16). It is located along Changi South Avenue 2, Singapore 486056.

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 2 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 10,961 sqm of land with roughly 16,068 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$261 psf. The most recent was in April 2022.

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 468 m away. The closest business-park zone is about 249 m away. The nearest MRT is Expo MRT Exit D, 990 m away (about a 16-minute walk). The closest bus stop (Bef Changi Sth St 1) is 224 m away (about a 4-minute walk).

2 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 2

Gross plot ratio

1.6

Run the full zoning report for this building →

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

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.

1. 2 Jul 2025Agency works
   Additions & alterations

   Relodgement of proposed addition and alteration to existing part 4-storey single-user industrial building involving addition of new equipment platform at 3rd storey and new production area at 4th storey

2. 3 Jul 2024Agency works
   Additions & alterations

   Proposed addition and alteration to existing part 4-storey single-user industrial building involving addition of new equipment platform at 3rd storey and new production area at 4th storey

3. 30 Oct 2019Agency works
   Additions & alterations

   Proposed addition and alteration to existing part 3-storey and part 4-storey single-user industrial building involving addition of external wall cladding works on lot 10097a mk27 at 49 changi south avenue 2 singapore 486056

4. 17 May 2019Agency works
   Additions & alterations

   Proposed addition and alteration to existing part 3-storey and part 4-storey single-user industrial building involving new mezzanine floor on lot 10097a mk27 at 49 changi south avenue 2 singapore 486056

5. 17 May 2019Agency works
   Additions & alterations

   Proposed addition and alteration to existing part 3-storey and part 4-storey single-user industrial building involving new mezzanine floor on lot 10097a mk27 at 49 changi south avenue 2 singapore 486056

6. 17 Jan 2019Agency works
   Additions & alterations

   Proposed addition and alteration to existing part 3-storey and part 4-storey single-user industrial building involving new mezzanine floor on lot 10097a mk27 at 49 changi south avenue 2 singapore 486056

7. 13 Apr 2015Agency works
   Additions & alterations

   Proposed additions of new shelter for the existing motor bike parking on lot10097a mk27 at 49 changi south avenue 2, singapore 486056

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).

Straight-line distances. Source: PropKaki amenities data.

• Manufacturing
  1
• Wholesale and retail trade
  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.

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.