IndustrialBUSINESS 2LeaseholdDistrict 27 · Woodlands

Northland Industrial Building 2

Reviewed by Nathan TangUpdated 8 November 2026Data through Mar 2026

Quick Summary

Northland Industrial Building 2 is a industrial building in District 27 · Woodlands, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 29 years remaining. 47 transactions are on record since 1995, at a median S$223 psf, most recently in Mar 2026. 3 units are currently listed for rent. ACRA records 23 live company registrations at this address.

The facts are here — now get the verdict on Northland Industrial Building 2.

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What are the key facts about Northland Industrial Building 2?

Key takeawayNorthland Industrial Building 2 is a industrial building in District 27 · Woodlands, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 27 · Woodlands
Address: 3 Woodlands Industrial Park E1
Land area: —
Completed: Not on record
Storeys: 6 (© OpenStreetMap contributors)
Strata units (MCST): 21
Managing agent: RAY PROPERTY MANAGEMENT PTE. LTD.
Strata formed: 1999 (MCST 2313)
Units with a recorded sale: At least 20
Listed as: Factory / Workshop (B2)
Transactions on record: 47 (records start 1995)
Live listings: 3
ACRA registrations: 23

About Northland Industrial Building 2

Northland Industrial Building 2 is an industrial building in Woodlands (District 27). It is located along Woodlands Industrial Park E1, Singapore 757726.

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.

The site is leasehold, with about 29 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

47 transactions have been recorded here, at a median of S$223 psf. The most recent was in March 2026.

Across JTC's rental returns for Woodlands Industrial Park E1, the median rent for industrial space on this street works out to about S$1.47 psf per month over 105 observations. Observed medians on the street span S$0.90 to S$2.18 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 3.7 km away. The closest bus stop (Bef W'lands Ind Pk E4) is 143 m away (about a 2-minute walk).

38 businesses are currently registered at this address with ACRA.

What is Northland Industrial Building 2 zoned as?

Key takeawayNorthland Industrial Building 2 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 →

What has Northland Industrial Building 2 sold for?

Key takeawayAcross 47 recorded transactions since 1995, the median price is about S$370k, most recently in Mar 2026.

Date	Use	Price	Area	PSF
Mar 2026	Multiple-user Factory	S$750k	1,647 sqft	$455
Jan 2026	Multiple-user Factory	S$585k	1,647 sqft	$355
Sept 2024	Multiple-user Factory	S$578k	1,647 sqft	$351
Jun 2024	Multiple-user Factory	S$500k	1,647 sqft	$304
Apr 2024	Multiple-user Factory	S$550k	1,615 sqft	$341
Jun 2023	Multiple-user Factory	S$510k	1,615 sqft	$316
Mar 2023	Multiple-user Factory	S$520k	1,647 sqft	$316
Sept 2022	Multiple-user Factory	S$455k	1,647 sqft	$276
Oct 2021	Multiple-user Factory	S$390k	1,615 sqft	$242
Jul 2021	Multiple-user Factory	S$360k	1,647 sqft	$219

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

What does space at Northland Industrial Building 2 rent for?

Key takeawayJTC publishes leases at Northland Industrial Building 2 itself: strata factory space leased at a median of $1.91 psf a month in 2025Q2, with the middle half of leases between $1.89 and $2.02. That is the building's figure across its leases, and never a quote for a particular unit.

Strata factory space in this building

This building · 2025Q2

25th pct

$1.89

$20.39 psm

Median

$1.91

$20.59 psm

75th pct

$2.02

$21.73 psm

S$ per sq ft per month

JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.

Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.

Strata factory space on Woodlands Industrial Park E1

Street level · 2026Q3

25th pct

—

— psm

Median

$1.89

$20.34 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +0.5% on a year earlier

2023Q4 · $20.49 psm2026Q3 · $20.34 psm median

This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.

Source: JTC J-SPACE, rental of industrial space by street.

Market context around Northland Industrial Building 2

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 Northland Industrial Building 2

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 3 units for rent; 0 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 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 Northland Industrial Building 2?

Key takeawayURA has approved 3 changes of use at Northland Industrial Building 2 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.

17 Oct 2017ApprovedFloor 1
Additions & alterations
Regularisation of gfa and amendment to the addition/alteration to unit #01-XX of the existing 6-storey multi-users semi-detached flatted general industry factory involving addition of a mezzanine floor for ancillary office use
14 Sept 2017Approved
Additions & alterations
Extension of written permission for the approved addition/alteration to the existing 6-storey semi-detached flatted factory involving addition of a mezzanine floor for ancillary office use.
10 Jun 2015ApprovedFloor 1
Additions & alterations
Proposed additions & alterations to unit #01-XX of existing 6-storey semi-detached flatted factory involving addition of a mezzanine floor for ancillary office use
8 Aug 2014ApprovedFloor 1
Change of use to general industry use
Proposed change of use of warehouse use at unit #01-XX to general industry use
8 Jun 2009ApprovedFloor 1
Change of use to mini-mart
Retention of part of 1st storey premises unit #01-XX in the existing 6 storey semi-detached factory as mini-mart
4 May 2006ApprovedFloor 2
Change of use to service of forklift and pallet jacks
Proposed change of use of production area to service of forklift and pallet jacks (unit #02-XX)

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).

How does Woodlands Industrial Park E1 price?

Key takeawayWoodlands Industrial Park E1's current JTC street rent is S$20.34 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 6.5% (5.8% net of property tax).

Strata sales on the street (5y)

Street median PSF (strata)

$299

Indicative street yield

6.5% gross

5.8% 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.

What is available at Northland Industrial Building 2 right now?

Key takeaway3 units are currently listed at Northland Industrial Building 2. One row per unit; several agents often market the same unit.

For rent (3)

Northland Industrial Building 2S$4k/mo · 1,647 sqft
Northland Industrial Building 2S$18k/mo · 6,318 sqft
Northland Industrial Building 2S$3k/mo · 1,615 sqft

Browse every listing at this building →

What is near Northland Industrial Building 2?

Amenities nearby

Bef W'lands Ind Pk E4 · 143 mSembawang Shipyard Medical Centre · 561 mEducational Institution · 940 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Northland Industrial Building 2

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Woodlands North, 1.1 km away. 4 public car parks are within 500 m.

Foot traffic: busier than 60% of industrial buildings

no MRT/LRT within 1 km (nearest Woodlands North, 1.1 km); bus stops within 400 m: 4, about 7,181 taps a weekday; Woodlands: 43,797 resident workers (Census 2020, by workplace); about 18,000 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

4 bus stops within 400 m, with 7,181 boardings and alightings on an average weekday.

Public car parks within 500 m

Woodlands Industrial P Ark E 3 (URA)248 m
S$0.60 per half-hour at midday on a weekday · 72 car lots
Woodlands Industrial P Ark E 5 (URA)295 m
S$0.60 per half-hour at midday on a weekday · 40 car lots
Woodlands Industrial P Ark E 1 (URA)302 m
S$0.60 per half-hour at midday on a weekday · 20 car lots
Woodlands Industrial Park E (JTC)398 m

Nearest URA season parking: Senoko South Rd, 893 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Northland Industrial Building 2's own car park, if it has one, and its charges are not in the open data.

Who's registered at Northland Industrial Building 2?

Key takeaway23 live companies (and LLPs and branches; sole proprietors are not counted) list Northland Industrial Building 2 as their registered address. These are registered businesses, not who occupies the space.

Construction
12
Wholesale and retail trade
6
Manufacturing
3
Financial and insurance
2
Transportation and storage
0
Administrative and support services
0
Information and communications
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$15.81 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$15.81 psm/mo
Observed range: S$9.64 – S$23.51

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 Northland Industrial Building 2

Where is Northland Industrial Building 2?⌄

Northland Industrial Building 2 is at 3 Woodlands Industrial Park E1, Singapore 757726, in the Woodlands planning area.

What is Northland Industrial Building 2 zoned as?⌄

Northland Industrial Building 2 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 Northland Industrial Building 2?⌄

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 Northland Industrial Building 2?⌄

Northland Industrial Building 2 is leasehold. About 29 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Northland Industrial Building 2 sold for?⌄

Across 47 recorded transactions, the median is S$223 psf. The latest was in March 2026.

What does industrial space near Northland Industrial Building 2 rent for?⌄

JTC's rental returns for Woodlands Industrial Park E1 put the median at about S$1.47 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Woodlands Industrial Park E1, not a rent quoted for Northland Industrial Building 2 itself.

How many businesses are registered at Northland Industrial Building 2?⌄

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

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Read the figures right

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

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

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".

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

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 BCA's MCST register, URA planning decisions, URA car park data (URA Data Service), PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

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.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.