Top 10 New Industrial Property Launches in Singapore (2024)

Singapore’s industrial landscape is rapidly evolving, with new developments offering innovative facilities, flexible spaces, and strategic locations for businesses. From smart business parks to logistics hubs, these 10 upcoming projects will redefine the industrial property market in 2024. Explore these fresh opportunities across different zones, from light industrial (B1) to heavy-duty spaces (B2), and find the ideal property that aligns with your business needs.

1. Kampong Bugis
Located in Kallang, this master-planned development by URA offers mixed-use zoning, with unit sizes ranging from 1,000 to 10,000 sq ft. Ideal for tech startups, urban logistics, and light manufacturing, it's a smart and sustainable precinct just steps away from Kallang MRT and the waterfront.

2. Jurong Innovation District
JTC’s massive business park in West Singapore caters to advanced manufacturing, R&D, and smart logistics. With unit sizes up to 100,000 sq ft and access to the future Jurong Region Line, this district is built to foster collaboration and innovation among industries.

3. Tuas Nexus
Targeted at heavy industries, Tuas Nexus in Tuas South provides integrated industrial spaces ranging from 5,000 to 50,000 sq ft. With its proximity to Tuas Megaport, this JTC development is an ideal logistics hub for sectors like oil & gas, engineering, and manufacturing.

4. Bishan Industrial Park
Located centrally on Bishan Street 22, this Ascendas REIT development offers flexible B1 units from 1,000 to 5,000 sq ft, suitable for clean industries like IT, media, and logistics. The property boasts modern facilities, high-speed internet, and eco-friendly features, with easy access to the MRT and expressways.

5. Punggol Digital District
Singapore's emerging tech hub, developed by JTC, focuses on digital and high-tech industries. With smart technologies embedded throughout and units up to 20,000 sq ft, it’s designed for sectors like AI, cybersecurity, and R&D. Close to Punggol Coast MRT, it’s set to be a key business park in the north.

6. Defu Industrial Estate (Phase 2)
Defu’s expansion aims to provide high-spec B1 and B2 spaces for clean and medium-heavy industries. With sizes ranging from 1,500 to 20,000 sq ft, its strategic location ensures connectivity to TPE and KPE expressways, making it ideal for growing businesses.

7. Woodlands North Coast
Designed as a cross-border trade hub, Woodlands North Coast offers B1 industrial spaces from 2,000 to 50,000 sq ft. Positioned near the Woodlands Causeway, this JTC development serves R&D, logistics, and high-tech industries with its modern facilities and excellent connectivity.

8. Tai Seng Industrial Hub
Situated along Tai Seng Avenue, this Far East Organization development targets light industrial uses such as e-commerce, tech, and food processing. Unit sizes range from 1,000 to 10,000 sq ft, and the hub provides easy access to Tai Seng MRT and the KPE.

9. Paya Lebar Airbase Redevelopment
This transformation of the former airbase into a mixed-use precinct includes industrial zones perfect for warehousing and urban logistics. With units up to 100,000 sq ft, this government-led initiative promises excellent connectivity and infrastructure upgrades to support logistics needs.

10. Changi Business Park Phase 2
Located near Changi Airport, this development by Ascendas-Singbridge caters to high-tech, aviation, and R&D industries with units ranging from 1,500 to 30,000 sq ft. Proximity to the Expo MRT and major expressways makes it perfect for air logistics and transport-related industries.

These industrial property launches in Singapore for 2024 provide diverse spaces, strategic locations, and modern amenities to suit a wide range of business needs. Whether you’re seeking space for high-tech innovation, logistics operations, or manufacturing, these developments offer a world of opportunities. For inquiries on unit availability and pricing, contact us today!