IndustrialBUSINESS 2LeaseholdDistrict 17 · Changi

Sumico Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2016
Quick Summary

Sumico 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. 3 transactions are on record since 1995, most recently in Nov 2016. ACRA records 16 live company registrations at this address.

1

What are the key facts about Sumico Building?

Key takeawaySumico 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
8 Changi North Street 1
Land area
3,401 sqm
Completed
Not on record
Storeys
Not on record
Estate (JTC)
Changi North Industrial Estate
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
16
2

About Sumico Building

Sumico Building is an industrial building in Changi (District 17). It is located along Changi North Street 1, Singapore 498829.

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 3,401 sqm of land with roughly 5,422 sqm of gross floor area.

3 transactions have been recorded here, at a median of S$120 psf. The most recent was in November 2016.

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 781 m away. The closest business-park zone is about 802 m away. The closest bus stop (Aft VICOM) is 54 m away (about a 1-minute walk).

16 businesses are currently registered at this address with ACRA.

3

What is Sumico Building zoned as?

Key takeawaySumico 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 Sumico Building sold for?

Key takeaway3 transactions are on record since 1995, most recently in Nov 2016 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2016Single-user FactoryS$12.56M36,618 sqft$343
Oct 2009Single-user FactoryS$4.40M36,618 sqft$120
Aug 2006Single-user FactoryS$3.20M36,618 sqft$87

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

5

Market context around Sumico 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.

6

What's been approved at Sumico Building?

Key takeawayURA has approved 2 changes of use at Sumico Building since 2000, most recently in 2023. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 12 Dec 2023Approved
    Change of use to ancillary workers' dormitory

    Proposed change of use of part of the 3rd storey to ancillary workers' dormitory (123 workers) as an expansion of the existing temporary ancillary workers’ dormitory (40 workers) at the 4-storey factory development at isoteam building (total 163 workers)

  2. 4 May 2020Approved
    Additions & alterations

    Proposed addition & alteration to existing factory involving new erection of a carpark shelter on lot 04022k mk31 at 8 changi north street 1 singapore 498829 (changi planning area)

  3. 24 Jan 2020Approved
    Additions & alterations

    Proposed retention of the existing steel structures within the production area of the existing factory

  4. 27 Jun 2019Approved
    Change of use to ancillary workers' dormitory

    Change of use of part 4th storey production area to ancillary workers' dormitory (for 53 workers)

  5. 20 Jun 2017Approved
    Additions & alterations

    Proposed addition and alteration to the existing factory development on lot 04022k mk 31 at 8 changi north street 1, singapore 498829

  6. 15 Oct 2012Approved
    Additions & alterations

    Proposed additions and alterations to the existing 4-storey single user factory on lot 04022k mk 31 (jtc plot a15823) at 8 changi north street 1

  7. 17 Jun 2010Approved
    Additions & alterations

    Proposed additions and alterations to the existing 4-storey single user factory

  8. 26 Jan 2007Approved
    Additions & alterations

    Proposed additions and alterations to existing part 2 / part 4 storey factory building

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).

7

How does Changi North Street 1 price?

Key takeawayAcross 10 strata sales on Changi North Street 1 in the last 5 years, the median is $214 psf.
Strata sales on the street (5y)
10
Street median PSF (strata)
$214

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

8

What is near Sumico Building?

Amenities nearby

Aft VICOM · 54 mEducational Institution · 219 mSASCO Clinic · 553 mPort / Airport · 781 mBusiness Park · 802 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at Sumico Building

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Upper Changi, 1.3 km away. 4 public car parks are within 500 m.
Foot traffic: busier than 45% of industrial buildings

no MRT/LRT within 1 km (nearest Upper Changi, 1.3 km); bus stops within 400 m: 8, about 6,081 taps a weekday; Changi: 63,747 resident workers (Census 2020, by workplace); about 27,000 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.

Bus

8 bus stops within 400 m, with 6,081 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Changi North St 2 (URA)131 m
    S$0.60 per half-hour at midday on a weekday · 9 car lots
  • Changi North Crescent (URA)234 m
    S$0.60 per half-hour at midday on a weekday · 16 car lots
  • Changi North St 1 (URA)370 m
    S$0.60 per half-hour at midday on a weekday · 14 car lots
  • Changi North Rise (URA)460 m
    S$0.60 per half-hour at midday on a weekday · 13 car lots

Nearest URA season parking: Changi North Area, 536 m away, S$90/month.

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

10

Who's registered at Sumico Building?

Key takeaway16 live companies (and LLPs and branches; sole proprietors are not counted) list Sumico Building as their registered address. These are registered businesses, not who occupies the space.
  • Construction
    11
  • Financial and insurance
    2
  • Wholesale and retail trade
    1
  • Professional, scientific and technical services
    1
  • Administrative and support services
    1
  • Transportation and storage
    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.

11

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.

12

Frequently asked questions about Sumico Building

Where is Sumico Building?⌄

Sumico Building is at 8 Changi North Street 1, Singapore 498829, in the Changi planning area.

What is Sumico Building zoned as?⌄

Sumico 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 Sumico 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 Sumico Building?⌄

Sumico 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 Sumico Building sold for?⌄

Across 3 recorded transactions, the median is S$120 psf. The latest was in November 2016.

What does industrial space near Sumico 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 Sumico Building itself.

How many businesses are registered at Sumico Building?⌄

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

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