IndustrialBUSINESS 1FreeholdDistrict 12 · Novena

Skywaves Industrial Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2026

Quick Summary

Skywaves Industrial Building is a industrial building in District 12 · Novena, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 20 transactions are on record since 1995, at a median S$527 psf, most recently in Jul 2026. ACRA records 16 live company registrations at this address.

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

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What are the key facts about Skywaves Industrial Building?

Key takeawaySkywaves Industrial Building is a industrial building in District 12 · Novena, zoned BUSINESS 1, held freehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Freehold
District / Area: District 12 · Novena
Address: 30 Lorong Ampas
Land area: 1,292 sqm
Completed: Not on record
Storeys: 10 (© OpenStreetMap contributors)
Strata units (MCST): 10
Managing agent: NEWMAN SRE PTE LTD
Strata formed: 1998 (MCST 2223)
Units with a recorded sale: At least 9
Transactions on record: 20 (records start 1995)
Live listings: None
ACRA registrations: 16

About Skywaves Industrial Building

Skywaves Industrial Building is an industrial building in Novena (District 12). It is located along Lorong Ampas, Singapore 328783.

Under the URA Master Plan the site is zoned Business 1 with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

The site is freehold. It sits on about 1,292 sqm of land with roughly 3,231 sqm of gross floor area.

20 transactions have been recorded here, at a median of S$527 psf. The most recent was in July 2026.

Across JTC's rental returns for Lorong Ampas, the median rent for industrial space on this street works out to about S$1.37 psf per month over 19 observations. Observed medians on the street span S$1.14 to S$2.21 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 6.2 km away. The closest business-park zone is about 4.0 km away. The nearest MRT is Toa Payoh MRT, 868 m away (about a 14-minute walk). The closest bus stop (Opp Blk 105) is 202 m away (about a 3-minute walk).

17 businesses are currently registered at this address with ACRA.

What is Skywaves Industrial Building zoned as?

Key takeawaySkywaves Industrial Building sits on land zoned BUSINESS 1 with a gross plot ratio of 2.5.

Land-use zone: BUSINESS 1
Gross plot ratio: 2.5

Run the full zoning report for this building →

What has Skywaves Industrial Building sold for?

Key takeawayAcross 20 recorded transactions since 1995, the median price is about S$1.36M, most recently in Jul 2026.

Date	Use	Price	Area	PSF
Jul 2026	Multiple-user Factory	S$2.55M	2,583 sqft	$987
Apr 2025	Multiple-user Factory	S$2.30M	2,583 sqft	$890
Apr 2025	Multiple-user Factory	S$2.30M	2,583 sqft	$890
Apr 2023	Multiple-user Factory	S$2.36M	2,583 sqft	$914
Jun 2022	Multiple-user Factory	S$2.30M	2,777 sqft	$828
Jun 2013	Multiple-user Factory	S$1.48M	2,583 sqft	$574
Jun 2013	Multiple-user Factory	S$1.48M	2,583 sqft	$574
Jun 2013	Multiple-user Factory	S$1.48M	2,583 sqft	$574
Nov 2011	Multiple-user Factory	S$1.23M	2,583 sqft	$476
Nov 2011	Multiple-user Factory	S$1.23M	2,583 sqft	$476

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 Skywaves Industrial 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 does Lorong Ampas price?

Key takeawayAcross 49 strata sales on Lorong Ampas in the last 5 years, the median is $1,517 psf.

Strata sales on the street (5y)

Street median PSF (strata)

$1,517

Street figures cover strata deals only — land and strata PSF are not comparable.

What is near Skywaves Industrial Building?

Key takeawayThe nearest MRT/LRT is Toa Payoh MRT, about 868 m away.

Getting around

Toa Payoh MRT868 m · ~14 min

Amenities nearby

Opp Blk 105 · 203 mmydoctor@Balestier · 246 mBlks 91/92 Whampoa Drive # · 402 mEducational Institution · 579 mToa Payoh MRT Exit A · 831 mRen Ci Community Hospital · 856 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Skywaves Industrial Building

Key takeawayThe nearest station is Toa Payoh (NS19), 831 m away — a busy station, with about 76,000 taps in and out on an average weekday. 24 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 91% of industrial buildings

nearest MRT/LRT Toa Payoh (NS19) 831 m, about 76,000 taps a weekday; bus stops within 400 m: 10, about 13,000 taps a weekday; Novena: 42,829 resident workers (Census 2020, by workplace); about 66,000 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

Toa Payoh (NS19)831 m · about 76,000 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 Skywaves Industrial Building. Transfers between lines don't tap, so interchanges read low.

Bus

10 bus stops within 400 m, with about 13,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Lor Ampas (URA)75 m
S$0.60 per half-hour at midday on a weekday · 5 car lots
Blk 103/104 Jalan Rajah (HDB)115 m
S$0.60 per half-hour at midday on a weekday · 186 car lots
Jln Ampas (URA)168 m
S$0.60 per half-hour at midday on a weekday · 18 car lots
Jln Kemaman (URA)206 m
S$0.60 per half-hour at midday on a weekday · 10 car lots
Blk 101/102 Jalan Rajah (HDB)233 m
S$0.60 per half-hour at midday on a weekday · 153 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

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

Who's registered at Skywaves Industrial Building?

Key takeaway16 live companies (and LLPs and branches; sole proprietors are not counted) list Skywaves Industrial Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
4
Financial and insurance
4
Professional, scientific and technical services
3
Health and social services
3
Construction
1
Information and communications
1
Manufacturing
0
Other 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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$14.71 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$14.71 psm/mo
Observed range: S$12.23 – S$23.83

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 Skywaves Industrial Building

Where is Skywaves Industrial Building?⌄

Skywaves Industrial Building is at 30 Lorong Ampas, Singapore 328783, in the Novena planning area.

What is Skywaves Industrial Building zoned as?⌄

Skywaves Industrial Building is zoned Business 1 under the URA Master Plan, with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

What kind of business can operate at Skywaves Industrial Building?⌄

Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of Skywaves Industrial Building?⌄

Skywaves Industrial Building is freehold.

What have units at Skywaves Industrial Building sold for?⌄

Across 20 recorded transactions, the median is S$527 psf. The latest was in July 2026.

What does industrial space near Skywaves Industrial Building rent for?⌄

JTC's rental returns for Lorong Ampas put the median at about S$1.37 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Lorong Ampas, not a rent quoted for Skywaves Industrial Building itself.

What is the nearest MRT station to Skywaves Industrial Building?⌄

Toa Payoh MRT is the closest, 868 m away (about a 14-minute walk).

How many businesses are registered at Skywaves Industrial Building?⌄

17 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.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

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".

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

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 BCA's MCST register, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

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.