IndustrialBUSINESS 2LeaseholdDistrict 22 · Tuas

Tuas Bay Industrial Centre

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2022
Quick Summary

Tuas Bay Industrial Centre is a industrial building in District 22 · Tuas, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 34 years remaining. 4 transactions are on record since 1995, most recently in Apr 2022. ACRA records 2 live company registrations at this address.

1

What are the key facts about Tuas Bay Industrial Centre?

Key takeawayTuas Bay Industrial Centre is a industrial building in District 22 · Tuas, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 22 · Tuas
Address
34 Tuas South Avenue 2
Land area
Transactions on record
4 (records start 1995)
Live listings
None
ACRA registrations
2
2

About Tuas Bay Industrial Centre

Tuas Bay Industrial Centre is an industrial estate in Tuas (District 22). It is located along Tuas South Avenue 2, Singapore 637540.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 34 years left to run.

4 transactions have been recorded here, at a median of S$154 psf. The most recent was in April 2022.

Across JTC's rental returns for Tuas South Avenue 2, the median rent for industrial space on this street works out to about S$1.25 psf per month over 50 observations. Observed medians on the street span S$0.89 to S$1.65 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

1 industrial project is still uncompleted on this street, adding about 21,540 sqm of gross floor area, the earliest due around 2027.

The nearest port or airport land is about 5.6 km away. The closest bus stop (Bef Tuas Sth Ave 2) is 290 m away (about a 4-minute walk).

2 businesses are currently registered at this address with ACRA.

3

What is Tuas Bay Industrial Centre zoned as?

Key takeawayTuas Bay Industrial Centre sits on land zoned BUSINESS 2 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 2
Gross plot ratio
2.5

Run the full zoning report for this building →

4

What has Tuas Bay Industrial Centre sold for?

Key takeaway4 transactions are on record since 1995, most recently in Apr 2022 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Apr 2022Multiple-user FactoryS$1.30M6,372 sqft$204
Jun 2013Multiple-user FactoryS$1.35M6,372 sqft$212
Sept 2009Multiple-user FactoryS$665k6,372 sqft$104
Mar 2007Multiple-user FactoryS$580k6,372 sqft$91

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 Tuas South Avenue 2 price?

Key takeawayTuas South Avenue 2's current JTC street rent is S$12.63 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 6.6% (5.9% net of property tax).
Strata sales on the street (5y)
21
Street median PSF (strata)
$207
Indicative street yield
6.6% gross
5.9% 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 Tuas Bay Industrial Centre?

Amenities nearby

Bef Tuas Sth Ave 2 · 290 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Tuas Bay Industrial Centre?

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$13.41 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$13.41 psm/mo
Observed range
S$9.54 – S$17.76
Pipeline on this street
1 project · earliest TOP 2027

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 Tuas Bay Industrial Centre

Where is Tuas Bay Industrial Centre?

Tuas Bay Industrial Centre is at 34 Tuas South Avenue 2, Singapore 637540, in the Tuas planning area.

What is Tuas Bay Industrial Centre zoned as?

Tuas Bay Industrial Centre is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at Tuas Bay Industrial Centre?

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 Tuas Bay Industrial Centre?

Tuas Bay Industrial Centre is leasehold. About 34 years remain on the lease.

What have units at Tuas Bay Industrial Centre sold for?

Across 4 recorded transactions, the median is S$154 psf. The latest was in April 2022.

What does industrial space near Tuas Bay Industrial Centre rent for?

JTC's rental returns for Tuas South Avenue 2 put the median at about S$1.25 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Tuas South Avenue 2, not a rent quoted for Tuas Bay Industrial Centre itself.

How many businesses are registered at Tuas Bay Industrial Centre?

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

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