About 21 New Industrial Road
21 New Industrial Road is a freehold industrial site off Upper Paya Lebar Road, between Tai Seng and Bartley. It is in District 19 (Hougang, Punggol, Sengkang), not District 7. The original building was a strata-titled light industrial block zoned Business 1, managed under MCST 0740, with frontage on both New Industrial Road and Lim Teck Boo Road.
The site is now being redeveloped. Developer JVA NIR Pte Ltd, part of JVA Venture, is marketing a new freehold B1 project here called Space Nova, and OneMap already records that name at the address. Space Nova is planned as a seven-storey ramp-up building with 47 strata units on a site of about 3,368 square metres, with completion expected around 2029. Contact details on this page relate to the original building and may change.
Interesting facts
The original building was put up for collective sale by tender in May 2022 through ERA Realty Network, with a guide price of $71 million. The tender closed on 30 June 2022.
The site is zoned Business 1 with a gross plot ratio of 2.5, which allows clean and light industrial uses.
Space Nova is designed with vehicle ramps to loading bays on the second and third storeys and floor-to-floor heights of up to about 6.5 metres.
Freehold industrial land is uncommon in Singapore, where most industrial sites are sold on leases of 60 years or less.
Nearby
Tai Seng MRT and Bartley MRT (both Circle Line) are each roughly eight minutes on foot. The Tai Seng industrial and business park cluster lies to the south, and Upper Paya Lebar Road and Bartley Road give access to the Kallang-Paya Lebar Expressway. Food options include the canteens and coffee shops of the Tai Seng area.
Key facts
Address: 21 New Industrial Road, Singapore 536207 (OneMap; developer material shows 536208)
District: 19 (Hougang, Punggol, Sengkang)
Property type: B1 light industrial
Status: Being redeveloped as Space Nova, expected around 2029
Developer: JVA NIR Pte Ltd (new project)
Tenure: Freehold
Storeys: 7 (new project)
Units: 47 strata units (new project)
Nearest MRT: Tai Seng and Bartley (Circle Line)
MCST: 0740 (original building)