PropKaki
IndustrialBUSINESS 1LeaseholdDistrict 27 · Sembawang

Nordcom Two

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2026
Quick Summary

Nordcom Two is a industrial building in District 27 · Sembawang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 18 years remaining. 48 transactions are on record since 1995, most recently in Jul 2026. 42 units are currently listed for sale or rent. ACRA records 454 live company registrations at this address.

The facts are here — now get the verdict on Nordcom Two.Ask PropKaki
1

What are the key facts about Nordcom Two?

Key takeawayNordcom Two is a industrial building in District 27 · Sembawang, zoned BUSINESS 1, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 27 · Sembawang
Address
2 Gambas Crescent
Land area
27,839 sqm
Transactions on record
48 (records start 1995)
Live listings
42
ACRA registrations
454
2

About Nordcom Two

Nordcom Two is an industrial building in Sembawang (District 27). It is located along Gambas Crescent, Singapore 757044.

Under the URA Master Plan the site is zoned Business 1 with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

The site is leasehold, with about 18 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 27,839 sqm of land with roughly 69,597 sqm of gross floor area.

48 transactions have been recorded here, at a median of S$300 psf. The most recent was in July 2026.

Across JTC's rental returns for Gambas Crescent, the median rent for industrial space on this street works out to about S$1.40 psf per month over 37 observations. Observed medians on the street span S$1.10 to S$2.14 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 2.4 km away. The nearest MRT is Sembawang MRT, 807 m away (about a 13-minute walk). The closest bus stop (Opp Sembawang Sec Sch) is 194 m away (about a 3-minute walk).

454 businesses are currently registered at this address with ACRA.

3

What is Nordcom Two zoned as?

Key takeawayNordcom Two sits on land zoned BUSINESS 1 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 1
Gross plot ratio
2.5

Run the full zoning report for this building →

4

What has Nordcom Two sold for?

Key takeawayAcross 48 recorded transactions since 1995, the median price is about S$510k, most recently in Jul 2026.
DateUsePriceAreaPSF
Jul 2026Multiple-user FactoryS$682k1,701 sqft$401
Jun 2026Multiple-user FactoryS$651k1,668 sqft$390
May 2026Multiple-user FactoryS$880k2,325 sqft$378
Sept 2025Multiple-user FactoryS$460k1,701 sqft$270
Jul 2025Multiple-user FactoryS$1.05M2,196 sqft$478
Feb 2025Multiple-user FactoryS$450k1,668 sqft$270
Nov 2024Multiple-user FactoryS$550k1,668 sqft$330
Apr 2024Multiple-user FactoryS$795k2,013 sqft$395
Apr 2024Multiple-user FactoryS$659k1,668 sqft$395
Mar 2024Multiple-user FactoryS$617k1,668 sqft$370

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.

5

How does Gambas Crescent price?

Key takeawayGambas Crescent's current JTC street rent is S$23.01 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 7.4% (6.7% net of property tax).
Strata sales on the street (5y)
214
Street median PSF (strata)
$284
Indicative street yield
7.4% gross
6.7% net of property tax

An INDICATIVE street-level yield, not a yield for any particular unit: the current-quarter JTC street rent divided by the street's strata sale PSF median.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What is available at Nordcom Two right now?

Key takeaway42 units are currently listed at Nordcom Two — 9 for sale and 33 for rent. One row per unit; several agents often market the same unit.

For sale (9)

  • Nordcom II2 agentsS$550k · 1,668 sqft
  • Nordcom IIS$700k · 1,668 sqft
  • Nordcom II2 agentsS$499k · 1,668 sqft
  • Nordcom IIS$618k · 1,668 sqft

For rent (33)

  • Nordcom II4 agentsS$9k/mo · 5,253 sqft
  • Groundfloor 3 storey unit for rent4 agentsS$11k/mo · 5,404 sqft
  • Woodlands sembawang warehouse office for rent4 agentsS$4k/mo · 1,701 sqft
  • Nordcom IIS$4k/mo · 179 sqft

Browse every listing at this building →

7

What is near Nordcom Two?

Key takeawayThe nearest MRT/LRT is Sembawang MRT, about 807 m away.

Getting around

Amenities nearby

Educational Institution · 122 mW Medical · 158 mOpp Sembawang Sec Sch · 194 mSembawang MRT Exit B · 765 mBukit Canberra Hawker Centre · 961 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Nordcom Two?

Key takeawayACRA records 454 live company registrations at this address, 149 of them in the last three years.
Live registrations
454
Registered last 3 years
149

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.

9

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$15.07 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$15.07 psm/mo
Observed range
S$11.84 – S$23.01

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.

10

Frequently asked questions about Nordcom Two

Where is Nordcom Two?⌄

Nordcom Two is at 2 Gambas Crescent, Singapore 757044, in the Sembawang planning area.

What is Nordcom Two zoned as?⌄

Nordcom Two is zoned Business 1 under the URA Master Plan, with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

What kind of business can operate at Nordcom Two?⌄

Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of Nordcom Two?⌄

Nordcom Two is leasehold. About 18 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Nordcom Two sold for?⌄

Across 48 recorded transactions, the median is S$300 psf. The latest was in July 2026.

What does industrial space near Nordcom Two rent for?⌄

JTC's rental returns for Gambas Crescent put the median at about S$1.40 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Gambas Crescent, not a rent quoted for Nordcom Two itself.

What is the nearest MRT station to Nordcom Two?⌄

Sembawang MRT is the closest, 807 m away (about a 13-minute walk).

How many businesses are registered at Nordcom Two?⌄

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

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