IndustrialBUSINESS 2LeaseholdDistrict 17 · Changi

Spanners Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2006
Quick Summary

Spanners Building is a industrial building in District 17 · Changi, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.6. It is leasehold with roughly 1 years remaining. 1 transaction is on record since 1995, most recently in Jul 2006. ACRA records 2 live company registrations at this address.

1

What are the key facts about Spanners Building?

Key takeawaySpanners Building is a industrial building in District 17 · Changi, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
1.6
Tenure
Leasehold
District / Area
District 17 · Changi
Address
6 Changi North Street 1
Land area
3,207 sqm
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
2
2

About Spanners Building

Spanners Building is an industrial building in Changi (District 17). It is located along Changi North Street 1, Singapore 498825.

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 1 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 3,207 sqm of land with roughly 5,131 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$128 psf. The most recent was in July 2006.

Across JTC's rental returns for Changi North Street 1, the median rent for industrial space on this street works out to about S$1.65 psf per month over 43 observations. Observed medians on the street span S$0.13 to S$2.15 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 787 m away. The closest business-park zone is about 862 m away. The closest bus stop (Aft Upp Changi Rd Nth) is 34 m away (about a 0-minute walk).

2 businesses are currently registered at this address with ACRA.

3

What is Spanners Building zoned as?

Key takeawaySpanners Building sits on land zoned BUSINESS 2 with a gross plot ratio of 1.6.
Land-use zone
BUSINESS 2
Gross plot ratio
1.6

Run the full zoning report for this building →

4

What has Spanners Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jul 2006 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jul 2006Single-user FactoryS$4.42M34,532 sqft$128

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.

5

How does Changi North Street 1 price?

Key takeawayChangi North Street 1's current JTC street rent is S$19.37 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 10.2% (9.2% net of property tax).
Strata sales on the street (5y)
11
Street median PSF (strata)
$211
Indicative street yield
10.2% gross
9.2% net of property tax

An INDICATIVE street-level yield, not a yield for any particular unit: the current-quarter JTC street rent divided by the street's strata sale PSF median.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

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

6

What is near Spanners Building?

Amenities nearby

Aft Upp Changi Rd Nth · 34 mEducational Institution · 168 mSASCO Clinic · 552 mPort / Airport · 787 mBusiness Park · 862 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Spanners Building?

Key takeawayACRA records 2 live company registrations at this address.
Live registrations
2
Registered last 3 years
0

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.

8

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$17.76 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$17.76 psm/mo
Observed range
S$1.41 – S$23.14

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.

9

Frequently asked questions about Spanners Building

Where is Spanners Building?

Spanners Building is at 6 Changi North Street 1, Singapore 498825, in the Changi planning area.

What is Spanners Building zoned as?

Spanners 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 Spanners 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 Spanners Building?

Spanners Building is leasehold. About 1 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Spanners Building sold for?

Across 1 recorded transaction, the median is S$128 psf. The latest was in July 2006.

What does industrial space near Spanners Building rent for?

JTC's rental returns for Changi North Street 1 put the median at about S$1.65 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Changi North Street 1, not a rent quoted for Spanners Building itself.

How many businesses are registered at Spanners Building?

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

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