Presscrete Building
Presscrete 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 1.6. It is leasehold with roughly 68 years remaining. 1 transaction is on record since 1995, most recently in Jul 2007. ACRA records 17 live company registrations at this address.
What are the key facts about Presscrete Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 1.6
- Tenure
- Leasehold
- District / Area
- District 16 · Tampines
- Address
- 31 Changi South Avenue 2
- Land area
- 4,957 sqm
- Completed
- Not on record
- Storeys
- 4 (© OpenStreetMap contributors)
- Owner
- ESR REIT (SGX filings)
- Net lettable area
- 59,643 sq ft (the owner's annual report (as filed on SGX))
- Land lease expires
- 2055 (the owner's annual report (as filed on SGX))
- Estate (JTC)
- Changi South Industrial Estate
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 17
Who owns Presscrete Building, and what is it valued at?
- Occupancy
- 100% (as of 31 Dec 2025)
- Land lease expires
- 28 Feb 2055
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.
About Presscrete Building
Presscrete Building is an industrial building in Tampines (District 16). It is located along Changi South Avenue 2, Singapore 486478.
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 68 years left to run. It sits on about 4,957 sqm of land with roughly 7,931 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$109 psf. The most recent was in July 2007.
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 1.1 km away. The closest business-park zone is about 304 m away. The nearest MRT is Xilin MRT, 607 m away (about a 10-minute walk). The closest bus stop (Aft Sunny Metal & Engrg) is 138 m away (about a 2-minute walk).
18 businesses are currently registered at this address with ACRA.
What is Presscrete Building zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 1.6
What has Presscrete Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jul 2007 | Single-user Factory | S$5.80M | 53,367 sqft | $109 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Presscrete Building rent for?
Strata factory space on Changi South Avenue 2
Street level · 2026Q3S$ per sq ft per month (median only published) · median +9.2% on a year earlier
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 Presscrete Building
- 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
- 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
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.
What's been approved at Presscrete Building?
- 3 Apr 2014ApprovedAdditions & alterations
Proposed additions & alterations to the existing 4-storey single user factory building with a 2-storey workers' dormitory block
- 20 Jun 2002ApprovedAdditions & alterations
Proposed additions and alterations to existing 4-storey factory complex with a 2-storey workers' dormitory block
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).
What is near Presscrete Building?
Getting around
- Xilin MRT607 m · ~10 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Presscrete Building
nearest MRT/LRT Expo (CG1/DT35) 761 m, about 32,000 taps a weekday; bus stops within 400 m: 3, about 1,412 taps a weekday; Tampines: 84,200 resident workers (Census 2020, by workplace); about 722 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
- Expo (CG1 / DT35)761 m · about 32,000 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 Presscrete Building. Transfers between lines don't tap, so interchanges read low.
Bus
3 bus stops within 400 m, with 1,412 boardings and alightings on an average weekday.
Public car parks within 500 m
- Changi South Ave 2 (URA)60 mS$0.60 per half-hour at midday on a weekday · 12 car lots
- Changi South Ave 4 (URA)371 mS$0.60 per half-hour at midday on a weekday · 26 car lots
Nearest URA season parking: Changi North Area, 1.7 km away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. Presscrete Building's own car park, if it has one, and its charges are not in the open data.
Who's registered at Presscrete Building?
- Wholesale and retail trade6
- Construction3
- Financial and insurance3
- Professional, scientific and technical services3
- Manufacturing2
- Information and communications0
- Administrative and support services0
- Arts, entertainment and recreation0
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?
- 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.
Frequently asked questions about Presscrete Building
Where is Presscrete Building?⌄
Presscrete Building is at 31 Changi South Avenue 2, Singapore 486478, in the Tampines planning area.
What is Presscrete Building zoned as?⌄
Presscrete Building is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1.6. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
What kind of business can operate at Presscrete 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 Presscrete Building?⌄
Presscrete Building is leasehold. About 68 years remain on the lease.
What have units at Presscrete Building sold for?⌄
Across 1 recorded transaction, the median is S$109 psf. The latest was in July 2007.
What does industrial space near Presscrete Building rent for?⌄
JTC's rental returns for Changi South Avenue 2 put the median at about S$1.20 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Changi South Avenue 2, not a rent quoted for Presscrete Building itself.
What is the nearest MRT station to Presscrete Building?⌄
Xilin MRT is the closest, 607 m away (about a 10-minute walk).
How many businesses are registered at Presscrete Building?⌄
18 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on Presscrete Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
