IndustrialBUSINESS 2LeaseholdDistrict 27 · Woodlands

Wave9

Reviewed by Nathan TangUpdated 8 November 2026Data through Oct 2026
Quick Summary

Wave9 is a industrial building in District 27 · Woodlands, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 18 years remaining. 101 transactions are on record since 1995, at a median S$308 psf, most recently in Oct 2026. 26 units are currently listed for sale or rent. ACRA records 191 live company registrations at this address.

1

What are the key facts about Wave9?

Key takeawayWave9 is a industrial building in District 27 · Woodlands, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 27 · Woodlands
Address
71 Woodlands Industrial Park E9
Land area
18,394 sqm
Completed
2017 (JTC industrial completions)
Storeys
Not on record
Developer
Vantage Properties Pte Ltd (JTC industrial completions)
Strata units (MCST)
132
Managing agent
NEWMAN SRE PTE LTD
Strata formed
2018 (MCST 4581)
Estate (JTC)
Woodlands Industrial Estate
Units with a recorded sale
At least 93
Listed as
Light Industrial (B1), Factory / Workshop (B2), Warehouse
Transactions on record
101 (records start 1995)
Live listings
26
ACRA registrations
191
2

About Wave9

Wave9 is an industrial building in Woodlands (District 27). It is located along Woodlands Industrial Park E9, Singapore 757048.

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 18 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 18,394 sqm of land with roughly 45,956 sqm of gross floor area.

99 transactions have been recorded here, at a median of S$308 psf. The most recent was in June 2026.

Across JTC's rental returns for Woodlands Industrial Park E9, the median rent for industrial space on this street works out to about S$1.75 psf per month over 41 observations. Observed medians on the street span S$1.00 to S$2.46 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 3.6 km away. The nearest MRT is Admiralty MRT, 971 m away (about a 15-minute walk). The closest bus stop (Opp Blk 773) is 74 m away (about a 1-minute walk).

231 businesses are currently registered at this address with ACRA.

3

What is Wave9 zoned as?

Key takeawayWave9 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 Wave9 sold for?

Key takeawayAcross 101 recorded transactions since 1995, the median price is about S$810k, most recently in Oct 2026.
DateUsePriceAreaPSF
Oct 2026Multiple-user FactoryS$560k1,841 sqft$304
Sept 2026Multiple-user FactoryS$529k1,884 sqft$281
Jun 2026Multiple-user FactoryS$3.19M11,345 sqft$281
May 2026Multiple-user FactoryS$759k2,551 sqft$297
May 2026Multiple-user FactoryS$730k2,551 sqft$286
Mar 2026Multiple-user FactoryS$584k1,830 sqft$319
Mar 2026Multiple-user FactoryS$560k1,841 sqft$304
Jan 2026Multiple-user FactoryS$550k1,733 sqft$317
Dec 2025Multiple-user FactoryS$500k1,755 sqft$285
Jun 2025Multiple-user FactoryS$560k1,755 sqft$319

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

What does space at Wave9 rent for?

Key takeawayJTC publishes leases at Wave9 itself: strata factory space leased at a median of $2.12 psf a month in 2026Q3, with the middle half of leases between $1.94 and $2.36. That is the building's figure across its leases, and never a quote for a particular unit.

Strata factory space in this building

This building · 2026Q3
25th pct
$1.94
$20.86 psm
Median
$2.12
$22.83 psm
75th pct
$2.36
$25.44 psm

S$ per sq ft per month · median -18.8% on a year earlier

2023Q1 · $22.85 psm2026Q3 · $22.83 psm median

JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.

Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.

Strata factory space on Woodlands Industrial Park E9

Street level · 2026Q3
25th pct
—
— psm
Median
$2.28
$24.56 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median -6.2% on a year earlier

2023Q4 · $23.53 psm2026Q3 · $24.56 psm median

This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.

Source: JTC J-SPACE, rental of industrial space by street.

6

Market context around Wave9

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.

7

How fast units move at Wave9

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 10 units for rent; 16 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 5 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 2 new listings appeared and 3 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

8

What's been approved at Wave9?

Key takeawayURA has approved 6 changes of use at Wave9 since 2000, most recently in 2026. 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. 17 Apr 2026ApprovedFloor 7
    Change of use: light industrial use → industrial training

    Proposed change of use of unit #07-XX from light industrial use to industrial training

  2. 1 Apr 2026ApprovedFloor 1
    Change of use: general industry use → industrial training

    Proposed change of use of unit #01-XX with mezzanine floor from general industry use to industrial training

  3. 16 Mar 2026ApprovedFloor 1
    Change of use to gym/fitness centre and mezzanine floor to storage

    Proposed change of use of 1st storey premises to gym/fitness centre and mezzanine floor to storage at unit #01-XX

  4. 11 Oct 2021ApprovedFloor 1
    Change of use to industrial training

    Proposed change of use of unit #01-XX to industrial training

  5. 16 Sept 2021RenewedFloor 1
    Continued use as industrial canteen use on part 1st storey

    Continued use of unit #01-XX as industrial canteen use on part 1st storey at the block of 9-storey multiple-user industrial development integrated with a heavy vehicle park

  6. 26 Jan 2021ApprovedFloor 8
    Change of use to indoor hydroponic farming

    Proposed change of use of light industrial unit #08-XX to indoor hydroponic farming

  7. 7 Dec 2020ApprovedFloor 7
    Additions & alterations

    Proposed additions & alterations involving subdivision to existing approved ancillary workshop for heavy vehicle parking (unit #07-XX) to 2 units general industrial factories of existing 9-storey multiple-user industrial building integrated with a heavy vehicle park

  8. 6 Sept 2018ApprovedFloors 3, 4, 5, 6
    Additions & alterations

    Proposed amendment to the additions & alterations to existing factory units #03-XX,#04-XX,#04-XX,#05-XX and #06-XX at 3rd to 6th storey and conversion of existing approved ancillary office to general industrial factories to existing units #04-XX at 5th storey and #06-XX at 7th storey of existing 9-storey multiple-user industrial building

  9. 27 Jul 2018ApprovedFloors 2, 3, 4, 5, 6
    Additions & alterations

    Proposed additions & alterations to existing factory units #02-XX,#03-XX,#04-XX,#04-XX,#05-XX and #06-XX at 2nd to 6th storey and conversion of existing approved ancillary office to general industrial factories to existing units #02-XX at 3rd storey, #04-XX at 5th storey and #06-XX at 7th storey of existing 9-storey multiple-user industrial building

  10. 27 Jul 2018ApprovedFloor 1
    Change of use to warehouse

    Proposed change of use of factory unit #01-XX to warehouse

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).

9

How does Woodlands Industrial Park E9 price?

Key takeawayWoodlands Industrial Park E9's current JTC street rent is S$24.56 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 9.4% (8.4% net of property tax).
Strata sales on the street (5y)
111
Street median PSF (strata)
$312
Indicative street yield
9.4% gross
8.4% 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.

10

What is available at Wave9 right now?

Key takeaway26 units are currently listed at Wave9 — 16 for sale and 10 for rent. One row per unit; several agents often market the same unit.

For sale (16)

  • Wave9S$800k · 2,228 sqft
  • Wave9S$609k · 1,841 sqft
  • Wave 92 agentsS$680k · 1,841 sqft
  • Wave 9S$618k · 1,841 sqft

For rent (10)

  • Wave9S$6k/mo · 2,464 sqft
  • Wave9S$25k/mo · 17,000 sqft
  • Wave9S$25k/mo · 11,345 sqft
  • Wave 9S$5k/mo · 1,841 sqft

Browse every listing at this building →

11

What is near Wave9?

Key takeawayThe nearest MRT/LRT is Admiralty MRT, about 971 m away.

Getting around

Amenities nearby

Opp Blk 773 · 74 mBanyan Clinic · 339 mEducational Institution · 445 mAdmiralty MRT Exit C · 949 m

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at Wave9

Key takeawayThe nearest station is Admiralty (NS10), 949 m away — one of the busiest stations, with about 84,000 taps in and out on an average weekday. 16 public car parks are within 500 m.
Foot traffic: busier than 85% of industrial buildings

nearest MRT/LRT Admiralty (NS10) 949 m, about 84,000 taps a weekday; bus stops within 400 m: 6, about 11,000 taps a weekday; Woodlands: 43,797 resident workers (Census 2020, by workplace); about 52,000 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.

Stations within 1 km

  • Admiralty (NS10)949 m · about 84,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Wave9. Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with about 11,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 773A Woodlands Drive 60 (HDB)172 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 511 car lots
  • Blk 759A Woodlands Avenue 6 (HDB)232 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 500 car lots
  • Woodlands Industrial P Ark E 9 (URA)243 m
    S$0.60 per half-hour at midday on a weekday · 33 car lots
  • Woodlands Industrial P Ark E 6 (URA)279 m
    S$0.60 per half-hour at midday on a weekday · 10 car lots
  • Blk 766A Woodlands Circle (HDB)296 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 500 car lots

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Woodlands East Industr Ial Estate, 891 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Wave9's own car park, if it has one, and its charges are not in the open data.

13

Who's registered at Wave9?

Key takeaway191 live companies (and LLPs and branches; sole proprietors are not counted) list Wave9 as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    47
  • Construction
    47
  • Manufacturing
    46
  • Professional, scientific and technical services
    19
  • Transportation and storage
    13
  • Administrative and support services
    8
  • Information and communications
    5
  • Accommodation and food services
    3
  • Other services
    3
  • Financial and insurance
    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.

14

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$18.81 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$18.81 psm/mo
Observed range
S$10.77 – S$26.43

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.

15

Frequently asked questions about Wave9

Where is Wave9?⌄

Wave9 is at 71 Woodlands Industrial Park E9, Singapore 757048, in the Woodlands planning area.

What is Wave9 zoned as?⌄

Wave9 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 Wave9?⌄

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 Wave9?⌄

Wave9 is leasehold. About 18 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Wave9 sold for?⌄

Across 99 recorded transactions, the median is S$308 psf. The latest was in June 2026.

What does industrial space near Wave9 rent for?⌄

JTC's rental returns for Woodlands Industrial Park E9 put the median at about S$1.75 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Woodlands Industrial Park E9, not a rent quoted for Wave9 itself.

What is the nearest MRT station to Wave9?⌄

Admiralty MRT is the closest, 971 m away (about a 15-minute walk).

How many businesses are registered at Wave9?⌄

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

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