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Quick Answers – Your GATE+ B2 Industrial Snapshot
- Project: GATE+ (District 22 – Jurong Innovation District)
- Launch Date: 16 April 2026 (ERA launch)
- Type: B2 General‑Industrial Units (manufacturing, engineering, food, chemicals, heavy machinery)
- Price Range: S$400 – S$700 per sq ft (typical)
- Yield Potential: 5 % – 7 % gross
- ABSD: None – all buyers eligible
- Target Buyers: SMEs, industrialists, tech & engineering firms, investors
- Contact via WhatsApp: +65 8488 8648
Project Snapshot – GATE+ (District 22)
| Aspect | Details |
|---|---|
| Location | Jurong Innovation District (JID), Tuas area, Singapore |
| Land Use | B2 General‑Industrial (manufacturing, engineering, food, chemical ancillary, heavy machinery) |
| Launch | 16 Apr 2026 (ERA) |
| Typical Price | S$400 – S$700 psf |
| Yield (gross) | 5 % – 7 % |
| ABSD | None – all investors eligible |
| Key Programme | Jurong Industrial Transformation Programme (JITP) – S$3.6 bn, 100k new jobs |
| Target Buyer Profile | SMEs, industrialists, tech/engineering firms, institutional investors |
What is a B2 Industrial Unit?
B2 zoning is Singapore’s “General‑Industrial” classification. It is designed for activities that are non‑hazardous, non‑polluting and do not involve heavy vehicular traffic within residential neighbourhoods.
Allowed Uses
- Manufacturing and assembly (electronics, garments, metal‑working, etc.)
- Engineering and R&D facilities
- Food & beverage production (excluding large‑scale processing that generates strong odors)
- Chemical ancillary activities (storage, packaging, blending – no high‑risk chemicals)
- Heavy machinery fabrication and repairs
- Warehousing & distribution (non‑hazardous goods)
Not Allowed Uses
- Heavy petro‑chemical processing or petroleum refining
- Industrial waste treatment or disposal plants
- Large‑scale livestock farming
- Any activity that generates significant noise, vibration or odour that would affect neighbouring residential zones
Why Jurong Innovation District (JID) Is Singapore’s Next Manufacturing Powerhouse
JID is the flagship component of the Jurong Industrial Transformation Programme (JITP). With a S$3.6 billion government investment, the district will:
- Host state‑of‑the‑art R&D labs, smart‑factory hubs and innovation labs.
- Create ≈ 100,000 new jobs across advanced manufacturing, green technology and high‑value engineering.
- Provide seamless connectivity – expressways, rail links (future Jurong Region Line) and maritime access via Tuas port.
- Offer abundant utility infrastructure (high‑capacity power, water, and ICT backbone) tailored for Industry 4.0.
- Benefit from pro‑business policies: zero ABSD for B2 units, tax incentives for R&D and green manufacturing.
For investors, this translates into a robust pipeline of tenants, rising demand for flexible industrial space, and strong upside potential as Singapore re‑positions itself as a global advanced‑manufacturing hub.
GATE+ (B2) vs. CT Gold (B1) – Which Industrial Type Suits You?
| Feature | GATE+ – B2 (General‑Industrial) | CT Gold – B1 (Heavy‑Industrial) |
|---|---|---|
| Typical Uses | Manufacturing, engineering, food production, light‑chemical ancillary, heavy machinery | Heavy petro‑chemical, large‑scale metal casting, shipyard works, high‑noise activities |
| Price (psf) | S$400 – S$700 (entry‑level) | S$650 – S$1,200 (premium) |
| Gross Yield | 5 % – 7 % | 4 % – 6 % |
| ABSD | None (eligible for all buyers) | Applicable – higher for foreign entities |
| Regulatory Restrictions | Moderate – no heavy‑polluting processes allowed | Stringent – environmental permits required |
| Ideal For | SMEs, tech & engineering firms, investors seeking higher yield at lower entry cost | Large corporates needing heavy‑duty processes, petro‑chemical players |
If your business or investment thesis leans toward flexible, high‑growth manufacturing and you want to avoid ABSD, the B2 units at GATE+ are the logical choice.
Financing & Entry‑Cost Breakdown for GATE+ B2 Units
| Cost Component | Typical Range / Notes |
|---|---|
| Purchase Price | S$400 – S$700 psf (based on unit size and floor level) |
| Stamp Duty | 0 % (no ABSD) + 0.1 % – 0.2 % of purchase price (Buyer’s Stamp Duty) |
| Legal & Conveyancing | S$5,000 – S$10,000 (depends on transaction size) |
| Financing (Bank Loan) | Up to 70 % LTV; interest rates 4.5 %–5.5 % p.a. (fixed/variable) |
| Mortgage Servicing Ratio (MSR) | Typically 30 % of gross monthly rental income |
| Annual Property Tax | ~0.15 % – 0.20 % of annual rental value |
| Management & Maintenance | S$1 – S 2 per sq ft per annum (common area & building services) |
| Potential Gross Rental Yield | 5 % – 7 % (based on market rent of S$2.00 – S$3.50 psf per month) |
Pro‑forma example (1,000 sq ft unit at S$550 psf):
- Purchase price: S$550,000
- Buyer’s stamp duty (0.2 %): S$1,100
- Legal fees: S$7,500
- Total cash outlay: ≈ S$558,600 (plus loan financing)
- Estimated annual gross rent @ S$3 psf/month: S$36,000 (8 % yield gross)
Ready to Secure a Spot in Singapore’s Future Manufacturing Hub?
Contact Alvin Tan, Certified Estate Agent (CEA Reg. No. R072324C) at ERA Realty Network today.
Disclaimer: The information provided herein is for general guidance only and does not constitute an offer, solicitation, or recommendation to buy or sell any property. Prices, yields and financing terms are indicative and subject to change. Alvin Tan is a Certified Estate Agent (CEA Reg. No. R072324C) of ERA Realty Network Pte Ltd (License No. L3002382K). Please consult a qualified professional for advice tailored to your individual circumstances.
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