Shb Industrial Building

Asset class

Industrial

Land-use zone

BUSINESS 2

Gross plot ratio

1.6

Tenure

Leasehold

District / Area

District 16 · Tampines

Address

47 Changi South Avenue 2

Land area

5,453 sqm

Completed

Not on record

Storeys

Not on record

Estate (JTC)

Changi South Industrial Estate

Listed as

Warehouse, Factory / Workshop (B2)

Transactions on record

2 (records start 1995)

Live listings

2

ACRA registrations

13

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.

Shb Industrial Building is an industrial building in Tampines (District 16). It is located along Changi South Avenue 2, Singapore 486148.

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 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 5,453 sqm of land with roughly 8,724 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$221 psf. The most recent was in January 2025.

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 552 m away. The closest business-park zone is about 294 m away. The nearest MRT is Expo MRT Exit D, 971 m away (about a 15-minute walk). The closest bus stop (Bef Changi Sth St 1) is 166 m away (about a 3-minute walk).

12 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 2

Gross plot ratio

1.6

Run the full zoning report for this building →

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

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.

1. 30 Jun 2026Approved
   Additions & alterations

   Proposed installation of a diesel tank (20000 litres) with 2 pump points in the existing 4-storey single-user industrial development (tampines planning area)

2. 10 Apr 2026Approved
   Change of use to temporary secondary workers' dormitory

   Proposed change of use of 2nd storey ancillary office and part of 3rd storey production area to temporary secondary workers' dormitory (for 360 workers) and part of 1st storey ancillary office to mini-mart & industrial canteen in the existing 4-storey single-user industrial development on lot 09936a mk 27 at 47 changi south avenue 2

3. 7 Jun 2007Approved
   Additions & alterations

   Proposed rc slab over the voids at 2nd storey of 4-storey single user, sinle occupier factory

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).

Browse every listing at this building →

Straight-line distances. Source: PropKaki amenities data.

• Wholesale and retail trade
  5
• Transportation and storage
  2
• Information and communications
  2
• Administrative and support services
  2
• Financial and insurance
  1
• Construction
  1
• Manufacturing
  0
• Real estate
  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.

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.