Sumico Building
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.
What are the key facts about Sumico Building?
- 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
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.
What is Sumico Building zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 1.6
What has Sumico Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Nov 2016 | Single-user Factory | S$12.56M | 36,618 sqft | $343 |
| Oct 2009 | Single-user Factory | S$4.40M | 36,618 sqft | $120 |
| Aug 2006 | Single-user Factory | S$3.20M | 36,618 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
Market context around Sumico Building
- 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
- 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
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.
What's been approved at Sumico Building?
- 12 Dec 2023ApprovedChange 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)
- 4 May 2020ApprovedAdditions & 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)
- 24 Jan 2020ApprovedAdditions & alterations
Proposed retention of the existing steel structures within the production area of the existing factory
- 27 Jun 2019ApprovedChange of use to ancillary workers' dormitory
Change of use of part 4th storey production area to ancillary workers' dormitory (for 53 workers)
- 20 Jun 2017ApprovedAdditions & alterations
Proposed addition and alteration to the existing factory development on lot 04022k mk 31 at 8 changi north street 1, singapore 498829
- 15 Oct 2012ApprovedAdditions & 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
- 17 Jun 2010ApprovedAdditions & alterations
Proposed additions and alterations to the existing 4-storey single user factory
- 26 Jan 2007ApprovedAdditions & 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).
How does Changi North Street 1 price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What is near Sumico Building?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Sumico Building
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 mS$0.60 per half-hour at midday on a weekday · 9 car lots
- Changi North Crescent (URA)234 mS$0.60 per half-hour at midday on a weekday · 16 car lots
- Changi North St 1 (URA)370 mS$0.60 per half-hour at midday on a weekday · 14 car lots
- Changi North Rise (URA)460 mS$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.
Who's registered at Sumico Building?
- Construction11
- Financial and insurance2
- Wholesale and retail trade1
- Professional, scientific and technical services1
- Administrative and support services1
- Transportation and storage0
- Other services0
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?
- 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.
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.
The facts are here — now get the verdict on Sumico Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
