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
- 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.
How does Changi North Street 1 price?
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.
What is near Sumico Building?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Sumico Building?
- Live registrations
- 16
- Registered last 3 years
- 4
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$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.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.