IndustrialBUSINESS 2LeaseholdDistrict 16 · Tampines

Ossia Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Apr 2007

Quick Summary

Ossia 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 with roughly 68 years remaining. 2 transactions are on record since 1995, most recently in Apr 2007. 8 units are currently listed for sale or rent. ACRA records 2 live company registrations at this address.

The facts are here — now get the verdict on Ossia Building.

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What are the key facts about Ossia Building?

Key takeawayOssia Building is a industrial building in District 16 · Tampines, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 16 · Tampines
Address: 10 Changi South Lane
Land area: 9,219 sqm
Completed: Not on record
Storeys: Not on record
Owner: AIMS APAC REIT (SGX filings)
Estate (JTC): Changi International LogisPark (South)
Listed as: Factory / Workshop (B2), Warehouse, Office
Transactions on record: 2 (records start 1995)
Live listings: 8
ACRA registrations: 2

Who owns Ossia Building, and what is it valued at?

Key takeawayOssia Building is owned by AIMS APAC 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.

10 Changi South Lane

Valued at S$22.9 million as at 31 Mar 2026, by JLL.

per AIMS APAC REIT's SGX filing, 7 May 2026

Earlier: S$22.4 million (31 Mar 2025) · S$22.4 million (31 Mar 2024) · S$22.4 million (31 Mar 2023)

10 Changi South Lane: AIMS APAC REIT's annual report (2025)

Occupancy: 72% (as of 31 Mar 2026)
Land tenure: 60 years

per AIMS APAC REIT's annual report (SGX), 26 Jun 2026, page 169

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.

What are the specs at Ossia Building?

Key takeawayThe building's specs as its sources state them — the listing agent or the management can confirm a unit's own.

Facilities: car park; Source: CommercialGuru

About Ossia Building

Ossia Building is an industrial property in Tampines (District 16). It is located along Changi South Lane, Singapore 486162.

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 68 years left to run. It sits on about 9,219 sqm of land with roughly 23,049 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$341 psf. The most recent was in April 2007.

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, 756 m away (about a 12-minute walk). The closest bus stop (Bef Simei Ave) is 191 m away (about a 3-minute walk).

2 businesses are currently registered at this address with ACRA.

What is Ossia Building zoned as?

Key takeawayOssia 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 →

What has Ossia Building sold for?

Key takeaway2 transactions are on record since 1995, most recently in Apr 2007 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Apr 2007	Single-user Factory	S$33.80M	99,234 sqft	$341
Feb 2007	Single-user Factory	S$33.80M	99,234 sqft	$341

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

Market context around Ossia 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.

How fast units move at Ossia Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 7 units for rent; 1 unit 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 0 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 is available at Ossia Building right now?

Key takeaway8 units are currently listed at Ossia Building — 1 for sale and 7 for rent. One row per unit; several agents often market the same unit.

For sale (1)

Changi Sth Ind Estate - Corporate BuildingS$32.00M · 160,000 sqft

For rent (7)

10 Changi South LaneS$13k/mo · 7,027 sqft
10 Changi South Lane6 agentsS$31k/mo · 17,249 sqft
10 Changi South LaneS$12k/mo · 6,500 sqft
7.5m high warehouse in Changi SouthS$30k/mo · 17,249 sqft

Browse every listing at this building →

What is near Ossia Building?

Key takeawayThe nearest MRT/LRT is Tanah Merah MRT, about 756 m away.

Getting around

Tanah Merah MRT756 m · ~12 min

Amenities nearby

Bef Simei Ave · 191 mEducational Institution · 349 mNyam Family Clinic · 357 mTanah Merah MRT Exit B · 821 mBusiness Park - White · 1.1 kmChangi General Hospital · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Ossia Building

Key takeawayThe nearest station is Tanah Merah (EW4), 756 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) 756 m, about 34,000 taps a weekday; bus stops within 400 m: 9, about 9,560 taps a weekday; Tampines: 84,200 resident workers (Census 2020, by workplace); about 41,000 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)756 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 Ossia Building. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with 9,560 boardings and alightings on an average weekday.

Public car parks within 500 m

Changi South Lane (URA)132 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. Ossia Building's own car park, if it has one, and its charges are not in the open data.

Who's registered at Ossia Building?

Key takeaway2 live companies (and LLPs and branches; sole proprietors are not counted) list Ossia Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
2
Financial and insurance
0
Accommodation and food services
0
Administrative and support services
0
Transportation and storage
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$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.

Frequently asked questions about Ossia Building

Where is Ossia Building?⌄

Ossia Building is at 10 Changi South Lane, Singapore 486162, in the Tampines planning area.

What is Ossia Building zoned as?⌄

Ossia 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 Ossia 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 Ossia Building?⌄

Ossia Building is leasehold. About 68 years remain on the lease.

What have units at Ossia Building sold for?⌄

Across 2 recorded transactions, the median is S$341 psf. The latest was in April 2007.

What does industrial space near Ossia 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 Ossia Building itself.

What is the nearest MRT station to Ossia Building?⌄

Tanah Merah MRT is the closest, 756 m away (about a 12-minute walk).

How many businesses are registered at Ossia Building?⌄

2 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.

Owner: the REIT or SGX-listed company whose latest valuation notice or annual report lists this building (a later divestment removes it). '(N% interest)' or '(part of the strata)' when it holds less than the whole. A building with no listed owner shows none — a private owner is never named.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

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".

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 JTC estate boundaries, the owner's SGX filings, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, CommercialGuru — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Owners, valuations and deals: the owners' own filings on SGX (notices of valuation of real assets, acquisition and divestment announcements, annual reports), facts only, each with its date.

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.