Shb Industrial Building
Shb Industrial 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. 2 transactions are on record since 1995, most recently in Jan 2025. 2 units are currently listed for rent. ACRA records 12 live company registrations at this address.
What are the key facts about 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
- Transactions on record
- 2 (records start 1995)
- Live listings
- 2
- ACRA registrations
- 12
About Shb Industrial Building
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.
What is Shb Industrial Building zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 1.6
What has Shb Industrial Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jan 2025 | Single-user Factory | S$15.00M | 58,698 sqft | $256 |
| Aug 2010 | Single-user Factory | S$10.90M | 58,698 sqft | $186 |
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.
What is available at Shb Industrial Building right now?
For rent (2)
- Changi South Ave 2S$28k/mo · 13,000 sqft
- Shb Industrial BuildingS$12k/mo · 6,300 sqft
What is near Shb Industrial Building?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Shb Industrial Building?
- Live registrations
- 12
- Registered last 3 years
- 7
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.
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 Shb Industrial Building
Where is Shb Industrial Building?⌄
Shb Industrial Building is at 47 Changi South Avenue 2, Singapore 486148, in the Tampines planning area.
What is Shb Industrial Building zoned as?⌄
Shb Industrial 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 Shb Industrial 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 Shb Industrial Building?⌄
Shb Industrial Building is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at Shb Industrial Building sold for?⌄
Across 2 recorded transactions, the median is S$221 psf. The latest was in January 2025.
What does industrial space near Shb Industrial 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 Shb Industrial Building itself.
What is the nearest MRT station to Shb Industrial Building?⌄
Expo MRT Exit D is the closest, 971 m away (about a 15-minute walk).
How many businesses are registered at Shb Industrial Building?⌄
12 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 Shb Industrial Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.