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Space 18 | Industrial | Commercial | AJA Property

PROJECT DESCRIPTION

Modern Freehold Industrial Development

SPACE 18 is a premium Freehold B1 Clean Industrial property designed for modern businesses. The development consists of a single 6-storey block with 46 strata-titled industrial units and a canteen on the first floor, offering both functionality and exclusivity.

Central Fringe Location

Strategically positioned in District 12, within the Balestier and Whampoa area, SPACE 18 enjoys the advantage of being on the city’s fringe. Its proximity to Novena and Orchard provides quick access to Singapore’s core commercial districts while benefiting from a central industrial zoning.

Seamless Island-Wide Connectivity

Connectivity is a key advantage, with major expressways such as the CTE, PIE, KPE, and AYE/ECP all within minutes’ drive. Novena and Toa Payoh MRT stations are nearby, ensuring smooth commuting options for both businesses and staff.

Contemporary Design and Features

The building boasts a sleek full-height glass façade that allows abundant natural light. A spacious lift lobby enhances corporate image, while generous floor-to-floor heights (3m on levels 2–6 and 7m on the first floor) provide a sense of openness. The flexible unit layouts allow businesses to scale, merge units for larger spaces, and optimise workflows efficiently.

Business-Friendly Environment

Each unit is fitted with an attached toilet, and the canteen provides added convenience. With only 46 units in total, SPACE 18 ensures exclusivity and a high-quality business community. It is ideal for clean industries such as e-commerce, IT, R&D, laboratories, interior design, media technology, and related sectors.

Lifestyle and Surrounding Amenities

The Balestier and Whampoa area is well-served by an array of eateries, retail options, hotels, and financial services. In addition, the development is close to Toa Payoh’s new integrated hub, with the Park Connector at its doorstep—offering a balance of work and lifestyle.

Investment Advantage

As a Freehold property, SPACE 18 offers strong long-term value. It is eligible for foreign ownership and does not attract Additional Buyer’s Stamp Duty (ABSD), making it a rare and appealing investment option in Singapore’s industrial market.

Key Highlights

  • Rare Freehold B1 Clean Industrial Development

  • Central fringe location near Novena & Orchard

  • Island-wide connectivity via CTE, PIE, KPE, AYE/ECP

  • Modern design with glass façade & high ceilings

  • Exclusive 46 units + 1 canteen

  • Ideal for e-commerce, IT, R&D, media, and clean industries

  • Foreign ownership allowed, no ABSD payable

  • Strong long-term investment and business potential

SPACE 18

SPECIFICATIONS

Tenure: Freehold
District: 12
Location: 18 Lorong Ampas, Singapore 328779

Type: B1 Clean Industrial
Developer: JVA WHAMPOA PTE LTD

TOP: ~2029

​​

Total Levels: 6 Storey
Total Units: 46 Units + 1 Canteen

Site Area: [tbc]

Floor Height: 6.0m to 7.0m
Floor Loading: 7.5 KN/m²

Sizes (Production Area): 1,7xx sqft to 19xx sqft


Electrical Provision: 200Amp (3 Phase)

​Lift: 2 Passenger / Fire, 1 Service

Wave

PROJECT LOCATION
18 Lorong Ampas, Singapore 328779

Harrison Food star buy from $17xxpsf | SPACE18 Guranteed Rental | One Sophia star buy from $31xx psf

Paper Abstract

Why B1 Industrial Space Matter in Singapore

B1 zones are reserved for light & clean industrial activities. These operations generate little to no noise, pollution, making them environmentally friendly.

Such industries can be situated closer to residential without affecting daily living.

Diverse Businesses

Cost-Effectiveness

Near Residential Area

Flexible Floor Space

Highly versatile and can suit a wide range of businesses

More affordable option than prime office spaces

Located closer to Residential / Public Transport

Various sizes, offer high ceilings and ample floor space.

Why B1 Industrial Spaces Make Strategic Sense

Understanding Industrial Spaces in Singapore

Industrial spaces in Singapore are properties set aside for business or production activities. These spaces are planned and managed by authorities such as the Urban Redevelopment Authority (URA) and, in the case of government-built facilities, Jurong Town Corporation (JTC).

What Is B1 Industrial Space?

B1 Industrial space, often referred to as “light and clean” industrial use, is designed for industries that do not create significant environmental disturbances. This means no heavy smoke, toxic fumes, loud noise, or dust that could affect nearby communities.

Because of this low-impact nature, B1 properties can be located closer to residential areas or commercial centres. This makes them suitable for businesses that require accessibility while maintaining a professional, non-disruptive environment.

Examples of Businesses in B1 Spaces

B1 zoning covers a wide range of industries, many of which are part of Singapore’s knowledge-based and innovation-driven economy. Common activities include:

  • Software development and IT services

  • Electronics assembly and precision engineering

  • Printing, publishing, and packaging (non-hazardous)

  • E-commerce warehousing and order fulfilment

  • Design, prototyping, and product testing

  • Biomedical offices (non-laboratory settings)

  • Data centres and backend corporate functions

For example, a robotics startup that assembles parts and conducts testing without using heavy machinery would be an ideal fit for a B1 industrial property.

Environmental and Regulatory Considerations

The National Environment Agency (NEA) generally requires a 50-metre nuisance buffer for B1 industries to safeguard residents and surrounding businesses. This ensures that even light industries remain non-intrusive.

Key environmental traits of B1 spaces include:

  • Minimal pollution or hazardous waste

  • Limited noise output

  • No risk to public health or safety

These standards allow B1 spaces to coexist alongside housing estates, offices, and commercial hubs.

Why B1 Spaces Are Important to Singapore’s Economy

B1 industrial properties play a vital role in Singapore’s long-term economic strategy. Their importance can be seen in several areas:

1. Environmental Compatibility

By hosting businesses that do not produce harmful waste or excessive noise, B1 spaces can be located near homes and offices, promoting efficient land use.
 

2. Economic Diversification

These spaces are used by diverse industries, from software development and logistics to electronics and pharmaceuticals. This supports Singapore’s drive to maintain a balanced, resilient economy.
 

3. Logistical Convenience

Because B1 properties are often located near residential estates, employees benefit from shorter commutes, and businesses gain easier access to manpower.
 

4. Support for R&D and Light Manufacturing

B1 facilities are suitable for research and development, product assembly, and prototype testing, which fuels innovation.
 

5. Warehousing and Distribution

Non-hazardous storage and distribution — for example, consumer electronics or furniture — are commonly housed in B1 zones.
 

Key Takeaways on B1 Industrial Spaces

  • Designed: For clean and light industries.

  • Allowed Uses: Software, precision engineering, printing, packaging, warehousing (non-hazardous).

  • Environmental Impact: Very low — no heavy smoke, noise, or hazardous waste.

  • Location Advantage: Can be near residential or commercial areas.

  • Economic Role: Supports tech-driven, light manufacturing, and logistics sectors while maintaining harmony with surrounding communities.

Paper Abstract

Industrial Property
3 Reasons Investors Should Pay Attention

Paper Abstract

No Additional Buyer’s Stamp Duty (ABSD)

Industrial properties are not subject to ABSD, unlike residential properties. This allows both local and foreign investors to enter the market without incurring hefty upfront taxes. In today’s climate where residential ABSD rates have climbed sharply, industrial assets provide a more cost-efficient and accessible pathway for investors to grow their real estate portfolio without being weighed down by regulatory penalties.

Open Market for
Local and Foreign Investors

Unlike the residential sector, where foreigners face restrictions and additional stamp duties, industrial properties in Singapore can be purchased freely by both locals and foreigners. This open-access environment boosts demand, encourages cross-border investment, and enhances liquidity in the market. Supported by Singapore’s transparent regulatory framework and strong rule of law, investors enjoy a high level of security and clarity when acquiring industrial assets.

Diversification and
Inflation Hedge

For investors already holding residential assets, industrial properties provide an effective way to diversify. Unlike residential landlords who absorb most costs, industrial landlords can typically pass certain expenses to tenants, improving cashflow. Beyond that, industrial assets serve as a hedge against inflation — they tend to appreciate in line with, or ahead of, rising prices, helping investors preserve and grow their wealth.

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Harrison Food star buy from $17xxpsf | SPACE18 Guranteed Rental | One Sophia star buy from $31xx psf

Space 18 | Industrial | Commercial | AJA Property
Paper Abstract
Space 18 | Industrial | Commercial | AJA Property

AHAN CEA:R069723F
THE ROADMAP BUDDY

Formally part of JPMorgan Business Research Team, brings over 15 years of corporate experience. He specialised in cross-industry research, using advanced data analysis and information to deliver high-quality insights for business decision-making.​
He supported research initiatives using quantitative and qualitative methods, delivering strategic insights. He worked with Investment Bankers across APAC, North America, and EMEA on Capital Markets (M&A, ECM, and DCM), tailoring his work to their research needs.

Space 18 | Industrial | Commercial | AJA Property

JANE TOH CEA:R065671Z

THE ORGANIZATION ALLY

Jane brings over 15 years of corporate finance experience, managing account portfolios across property development, creative advertising and global hospitality sectors. With an extensive experience with MNC, she managed regional financial reporting across APAC. With a strong expertise in contracts and financial governance, she ensure regulatory and corporate compliance. Adding value to real estate through strategic support and decision with her cross-border experience with effective stakeholder communication and negotiation.

Space 18 | Industrial | Commercial | AJA Property

ANGEL ONG CEA:R070189H

THE NUMBERS WHISPERER

With over 15 years of experience in accounting and finance, Angel has a proven track record in leading finance teams and contributing to an IPO listing. Her expertise spans financial analysis, strategic planning, and delivering value-driven solutions. Today, she applies this background to the RE sector, helping clients make well-informed property decisions. Consistently recognized for professionalism and results, Angel has earned strong client satisfaction and positive reviews throughout her career.

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