Nippon Express Singapore Building
Nippon Express Singapore Building is a industrial building in District 17 · Changi, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.0. It is leasehold with roughly 9 years remaining. 1 transaction is on record since 1995, most recently in Jan 2018. ACRA records 0 live company registrations at this address.
What are the key facts about Nippon Express Singapore Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.0
- Tenure
- Leasehold
- District / Area
- District 17 · Changi
- Address
- 40 Alps Avenue
- Land area
- 15,059 sqm
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About Nippon Express Singapore Building
Nippon Express Singapore Building is an industrial building in Changi (District 17). It is located along Alps Avenue, Singapore 498781.
Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 2. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
The site is leasehold, with about 9 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 15,059 sqm of land with roughly 30,117 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$455 psf. The most recent was in January 2018.
Across JTC's rental returns for Alps Avenue, the median rent for industrial space on this street works out to about S$1.71 psf per month over 23 observations. Observed medians on the street span S$1.49 to S$2.06 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 70 m away. The closest bus stop (Expeditors) is 93 m away (about a 2-minute walk).
What is Nippon Express Singapore Building zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.0
What has Nippon Express Singapore Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jan 2018 | Warehouse | S$73.80M | 162,088 sqft | $455 |
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.
What is near Nippon Express Singapore Building?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Nippon Express Singapore Building?
- Live registrations
- 0
- Registered last 3 years
- 0
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.
What does industrial space rent for on this street?
- Street rent, median
- S$18.36 psm/mo
- Observed range
- S$15.99 – S$22.18
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 Nippon Express Singapore Building
Where is Nippon Express Singapore Building?⌄
Nippon Express Singapore Building is at 40 Alps Avenue, Singapore 498781, in the Changi planning area.
What is Nippon Express Singapore Building zoned as?⌄
Nippon Express Singapore Building is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 2. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
What kind of business can operate at Nippon Express Singapore 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 Nippon Express Singapore Building?⌄
Nippon Express Singapore Building is leasehold. About 9 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at Nippon Express Singapore Building sold for?⌄
Across 1 recorded transaction, the median is S$455 psf. The latest was in January 2018.
What does industrial space near Nippon Express Singapore Building rent for?⌄
JTC's rental returns for Alps Avenue put the median at about S$1.71 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Alps Avenue, not a rent quoted for Nippon Express Singapore Building itself.
The facts are here — now get the verdict on Nippon Express Singapore Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.