IndustrialBUSINESS 2District 16 · Tampines

Sb Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2004
Quick Summary

Sb 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 1.0. 1 transaction is on record since 1995, most recently in Nov 2004. ACRA records 19 live company registrations at this address.

1

What are the key facts about Sb Building?

Key takeawaySb Building is a industrial building in District 16 · Tampines, zoned BUSINESS 2.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
1.0
Tenure
Not on record
District / Area
District 16 · Tampines
Address
25 Changi South Street 1
Land area
14,066 sqm
Completed
Not on record
Storeys
Not on record
Estate (JTC)
Changi South Industrial Estate
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
19
2

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

Key takeawayNo REIT or listed company holds Sb Building today on its latest filings. Earlier SGX filings about it are below, each with its date.
Whole-building deals
  1. Announced 24 Feb 2020 · completed 6 Mar 2020
    HSBC Institutional Trust Services (Singapore) Limited (in its capacity as trustee of Ascendas Reit) sold No. 25 Changi South Street 1 for S$20.3 million (proposed sale price) to Hao Mart Pte Ltd.

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.

3

About Sb Building

Sb Building is an industrial building in Tampines (District 16). It is located along Changi South Street 1, Singapore 486059.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

It sits on about 14,066 sqm of land with roughly 14,066 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$317 psf. The most recent was in November 2004.

Across JTC's rental returns for Changi South Street 1, the median rent for industrial space on this street works out to about S$0.94 psf per month over 10 observations. Observed medians on the street span S$0.35 to S$1.90 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 242 m away. The closest business-park zone is about 211 m away. The closest bus stop (Bef Changi Sth St 1) is 458 m away (about a 7-minute walk).

19 businesses are currently registered at this address with ACRA.

4

What is Sb Building zoned as?

Key takeawaySb Building sits on land zoned BUSINESS 2 with a gross plot ratio of 1.0.
Land-use zone
BUSINESS 2
Gross plot ratio
1.0

Run the full zoning report for this building →

5

What has Sb Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Nov 2004 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2004Single-user FactoryS$17.80M56,070 sqft$317

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

6

Market context around Sb 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.

7

What is near Sb Building?

Amenities nearby

Business Park · 211 mPort / Airport · 242 mBef Changi Sth St 1 · 458 mEducational Institution · 628 mRafflesMedical (Changi City Point) · 885 m

Straight-line distances. Source: PropKaki amenities data.

8

Getting there and parking at Sb Building

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Expo, 1.1 km away. 2 public car parks are within 500 m.
Foot traffic: busier than 33% of industrial buildings

no MRT/LRT within 1 km (nearest Expo, 1.1 km); no bus stop within 400 m; Tampines: 84,200 resident workers (Census 2020, by workplace); about 560 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

No bus stop within 400 m.

Public car parks within 500 m

  • Changi South St 1 (URA)300 m
    S$0.60 per half-hour at midday on a weekday · 59 car lots
  • Changi South Ave 4 (URA)467 m
    S$0.60 per half-hour at midday on a weekday · 26 car lots

Nearest URA season parking: Changi North Area, 965 m away, S$90/month.

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

9

Who's registered at Sb Building?

Key takeaway19 live companies (and LLPs and branches; sole proprietors are not counted) list Sb Building as their registered address. These are registered businesses, not who occupies the space.
  • Financial and insurance
    5
  • Wholesale and retail trade
    5
  • Transportation and storage
    3
  • Accommodation and food services
    2
  • Manufacturing
    2
  • Construction
    1
  • Information and communications
    1
  • Professional, scientific and technical services
    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.

10

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$10.09 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$10.09 psm/mo
Observed range
S$3.79 – S$20.41

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.

11

Frequently asked questions about Sb Building

Where is Sb Building?⌄

Sb Building is at 25 Changi South Street 1, Singapore 486059, in the Tampines planning area.

What is Sb Building zoned as?⌄

Sb Building is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at Sb 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 have units at Sb Building sold for?⌄

Across 1 recorded transaction, the median is S$317 psf. The latest was in November 2004.

What does industrial space near Sb Building rent for?⌄

JTC's rental returns for Changi South Street 1 put the median at about S$0.94 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Changi South Street 1, not a rent quoted for Sb Building itself.

How many businesses are registered at Sb Building?⌄

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

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