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Northpoint Bizhub Review

Northpoint Bizhub Review
Light Industrial Property Review — District 27

Northpoint Bizhub

An established B1 ramp-up light industrial address serving Yishun and the wider Sembawang precinct

SGCPI Research Desk Updated August 2026 2 Yishun Industrial Street 1, Singapore 768159 ≈60-YR LEASEHOLD FROM 2010

Street-level view of Northpoint Bizhub, 2 Yishun Industrial Street 1. Imagery: Google Street View (user-contributed imagery), accessed August 2026.

Project Overview

Building NameNorthpoint Bizhub
Address2 Yishun Industrial Street 1, Singapore 768159
DistrictDistrict 27 (Sembawang / Yishun)
Tenure60-year leasehold from 13 July 2010 (≈44 years balance)
Zoning / UseB1 Light Industrial
Built Form8-storey ramp-up light industrial development
Land Area / GFA≈1.2 ha site / ≈9,500 sqm GFA
Completion Year≈2013
Nearest MRTYishun (NS13), ≈1.1 km; Canberra (NS12)
Key Road AccessYishun Avenue 9, Yishun Street 23, Seletar Expressway (SLE)
Transacted PSF RangeS$332 – S$614 psf
Sale Price RangeS$680,000 – S$1,500,000
Asking Rent RangeS$3,800 – S$7,200 per month
Occupier BaseLight manufacturing, trade workshops, logistics/storage SMEs, auto accessories

Location & Connectivity

Northpoint Bizhub sits within the Yishun Industrial Estate, a pocket of B1 light industrial buildings tucked south of the much larger Northpoint City retail and residential precinct. The building’s position places it within a short drive of Yishun’s core amenities while keeping it clear of the congestion typically found in more established industrial clusters such as Woodlands or Ang Mo Kio, giving occupiers a comparatively quieter operating environment without sacrificing access to the town centre.

Public transport access is workable rather than exceptional. Yishun MRT station (NS13) on the North-South Line is roughly 1.1 km away, a distance most occupiers and staff cover by shuttle bus, private transport, or a brisk walk; Canberra MRT (NS12) offers a secondary option a little further north. Several bus services run along Yishun Ring Road and Yishun Avenue 9, connecting the estate to the Yishun Integrated Transport Hub. For vehicle-dependent trades, this is generally the more practical mode of access, and the building’s ramp-up design was engineered with that reality in mind.

Road connectivity is a genuine strength. The estate is accessible via Yishun Street 23 and Yishun Avenue 9, both of which feed into the Seletar Expressway (SLE), giving occupiers a fast link to the Central Expressway (CTE) and onward to the rest of the island. This makes Northpoint Bizhub a workable base for businesses running regular deliveries or servicing clients across northern and central Singapore, even though it is not positioned directly on a major expressway frontage.

Location of Northpoint Bizhub. Map data: Google Maps, accessed August 2026.

Building & Facilities

Northpoint Bizhub is an eight-storey ramp-up light industrial building, a format that lets vehicles drive directly up to most floors rather than relying solely on cargo lifts. This is a meaningful operational advantage for trades that need to move stock, equipment, or vehicles in and out regularly, since it removes the queueing and lift-scheduling friction common in purely vertical warehouse buildings. Upper floors that sit beyond the ramp’s reach are served by a bank of passenger lifts and at least one dedicated cargo/service lift.

Units are typically handed over in bare or lightly fitted condition, consistent with most B1 stock of this vintage, leaving fit-out (partitioning, air-conditioning, electrical load upgrades) to the incoming occupier or tenant. Floor loading and floor-to-floor heights vary by level, with ground and ramp-accessible floors generally offering higher load capacity suited to heavier machinery or racking, while mezzanine areas within larger units carry a lighter design load. Building common areas include loading/unloading bays, lift lobbies, and basic security coverage typical of a self-managed light industrial development.

As with any building of this age and use class, prospective buyers and tenants should independently verify current fire safety certification, permitted floor loading per unit, and any structural or M&E upgrades carried out since completion, ideally through the building’s MCST or managing agent and a physical site inspection, rather than relying solely on listing descriptions.

Unit Types & Floor Plan Notes

Northpoint Bizhub’s unit mix spans compact storage bays through to full ramp-up factory units, giving it a broader tenant and buyer base than many single-format industrial buildings. The four indicative types below reflect what typically transacts in the building; actual availability, exact floor plates, and specifications should be confirmed against the current unit for sale or rent.

Ramp-Up Ground Unit

≈2,600 – 2,750 sqft

Direct vehicle ramp access, higher floor loading, suited to workshops, fabrication, or trades needing to drive vehicles or heavy equipment directly into the unit.

Mid-Floor Factory Unit

≈1,200 – 1,600 sqft

Standard factory/warehouse layout with mezzanine potential, commonly used for light assembly, storage, and combined office-cum-warehouse operations.

Office / Light Industrial Combo

≈800 – 1,000 sqft

A front office zone paired with a rear work or storage area, popular with trading firms, service providers, and small manufacturers wanting a single-address setup.

Compact Storage / Workshop

≈300 – 500 sqft

Entry-level unit size aimed at solo operators, e-commerce storage, or small trade businesses that do not require large floor plates.

Floor Loading (Ramp/Ground Floors): ≈12.5 kN/m²
Mezzanine Floor Loading: ≈3.0 kN/m²
Typical Floor-to-Floor Height: ≈6.0 m (lower floors)
Vertical Access: Passenger lifts plus 1 dedicated cargo/service lift
GST: Applicable on the purchase of commercial/industrial units at the prevailing rate

Investment Case

Northpoint Bizhub occupies a specific niche: it is an affordable, ramp-up light industrial entry point in a part of Singapore that has relatively few comparable B1 buildings. That scarcity, combined with a genuinely wide unit-size range, is the building’s main draw for owner-occupiers and small investors alike. The trade-offs are equally specific and worth weighing against the balance lease and the estate’s distance from the MRT.

What Works

  • Ramp-up access suits vehicle-dependent trades and heavier equipment users
  • Wide unit-size range, from compact storage bays to full factory floors
  • Direct SLE access supports island-wide delivery and servicing routes
  • Entry prices remain accessible relative to more central B1 stock
  • Established estate with a track record of active sale and rental transactions

What to Weigh Carefully

  • Balance lease of roughly 44 years affects financing tenure and resale pricing
  • MRT access requires a shuttle, bus, or car rather than a direct walk
  • B1 zoning restricts use to permitted light industrial activities only
  • Building age means fit-out condition varies widely unit to unit
  • Thinner transaction volume than larger, more central industrial clusters

Who This Suits

Northpoint Bizhub is best suited to owner-occupiers and small business operators in trades such as light manufacturing, vehicle-related services, general workshops, and storage or logistics support, who value ramp-up vehicle access and a lower entry price over MRT proximity or a premium building specification. It also appeals to investors seeking a modestly priced B1 unit for rental income in an estate with steady, if not high-volume, leasing demand, provided they factor the shortening lease term into their holding period and exit planning. It is less suited to businesses requiring a flagship or client-facing showroom presence, or those needing a long financing runway that exceeds the building’s remaining lease.

Frequently Asked Questions

What is Northpoint Bizhub zoned for, and what business activities are permitted?
Northpoint Bizhub is zoned B1 Light Industrial under URA’s Master Plan, which permits clean and light industrial uses such as light manufacturing, workshops, warehousing, and ancillary offices that support the primary industrial activity. It does not permit general commercial or retail use, heavy or noxious industrial processes, or standalone office use without an approved industrial component. Prospective buyers or tenants should confirm their intended activity against the current permitted use list, as approvals can vary by unit and by the nature of the business. Where an activity sits close to the boundary of what B1 allows, it is worth checking directly with URA or a qualified property consultant before committing to a purchase or lease.
Can foreigners buy an industrial unit at Northpoint Bizhub?
Yes. Unlike residential property, Singapore does not restrict foreign individuals or foreign-owned entities from purchasing industrial units such as those at Northpoint Bizhub, and no approval under the Residential Property Act is required since the building is zoned B1 Light Industrial rather than residential. Foreign buyers should still budget for the applicable Buyer’s Stamp Duty and, where relevant, financing conditions set by Singapore banks, which may differ from those offered to local buyers or companies. It is also common for foreign buyers to purchase through a Singapore-incorporated company for operational and tax reasons, so professional advice on the most suitable holding structure is recommended before signing an Option to Purchase.
Does Additional Buyer’s Stamp Duty (ABSD) apply to a purchase here?
No. ABSD applies specifically to residential property transactions in Singapore and does not extend to industrial units such as those at Northpoint Bizhub, regardless of whether the buyer is a Singapore citizen, permanent resident, foreign individual, or company. This is one of the reasons B1 industrial property, including entry-level buildings like this one, appeals to buyers who already hold residential property and want to avoid ABSD exposure. Buyers should note that while ABSD does not apply, standard Buyer’s Stamp Duty and GST (where applicable) still are payable, and the absence of ABSD does not remove the need to assess financing eligibility and the property’s remaining lease term carefully.
Is Seller’s Stamp Duty (SSD) a concern if I plan to resell quickly?
SSD for industrial property applies to units bought and sold within a set holding period, and the applicable rate reduces the longer the unit is held before resale; buyers intending a short-term flip should check the prevailing SSD schedule and holding period thresholds before committing, since selling within the SSD window will reduce net proceeds. For a building like Northpoint Bizhub, where units are more commonly bought for owner-occupation or medium-term rental income than for quick resale, SSD is less likely to be a binding constraint in practice, but it remains a relevant cost to model into any exit scenario, particularly for investors weighing a shorter holding period against the shortening balance lease.
How is Buyer’s Stamp Duty (BSD) calculated for a unit at Northpoint Bizhub?
BSD for industrial property is calculated on a tiered percentage of the higher of the purchase price or market value, following the same progressive BSD schedule used for non-residential property generally. For a unit in the S$680,000 to S$1,500,000 range typical of Northpoint Bizhub, buyers should expect BSD to fall in the low tens of thousands of dollars depending on the exact price, and this should be budgeted alongside legal fees, valuation costs, and any applicable GST. Because BSD rates and tiers are periodically revised by the Singapore government, buyers should confirm the exact figure using the current IRAS BSD calculator at the point of exercising the Option to Purchase.
Is GST payable on the purchase or rental of a unit here?
GST generally applies to the sale of non-residential property, including industrial units, when the seller is a GST-registered entity, and it also applies to commercial rental of such units where the landlord is GST-registered. Buyers purchasing from a GST-registered seller should budget for GST on top of the purchase price, while those buying from a non-GST-registered individual owner may not incur this cost. Tenants should similarly check whether quoted rents at Northpoint Bizhub are stated inclusive or exclusive of GST, as this materially affects the all-in monthly cost. Given the mix of individual and corporate owners typical in a building of this age, GST treatment should always be confirmed directly with the seller or landlord before transacting.
How does the remaining lease affect financing options?
With roughly 44 years remaining on the 60-year lease from 2010, banks financing a purchase at Northpoint Bizhub will typically cap the loan tenure so that the lease does not expire during the loan period, which in practice limits maximum financing tenure and may reduce the loan-to-value ratio compared with a freehold or longer-lease industrial property. This can mean higher monthly instalments relative to a similarly priced freehold unit, and it becomes a more material constraint as the lease continues to run down over the holding period. Buyers, particularly those using CPF funds or seeking a long amortisation period, should discuss the specific financing terms available for this building with their bank or mortgage broker early in the purchase process.
What kind of rental yield can an investor reasonably expect?
Based on current asking rents of roughly S$3,800 to S$7,200 per month against sale prices spanning S$680,000 to S$1,500,000, gross rental yields at Northpoint Bizhub broadly fall within the range typically seen at established suburban B1 buildings, though the exact figure depends heavily on the specific unit size, floor level, and fit-out condition. Ramp-up ground floor units and larger factory units tend to command steadier tenant interest given their operational flexibility, which can support more consistent occupancy than smaller or less accessible units. Investors should model net yield after maintenance fees, property tax, and periodic vacancy rather than relying on gross figures alone, and should benchmark against recent comparable transactions rather than asking prices.
How does the building’s age affect maintenance and fit-out costs?
Completed around 2013, Northpoint Bizhub is now a little over a decade old, which is a manageable age for a light industrial building but old enough that individual units may show wear depending on how the previous occupier used and maintained the space. Buyers and tenants should budget for fit-out costs covering electrical load upgrades, partitioning, flooring, and air-conditioning where these are not already installed, since most B1 units of this vintage are handed over in bare or semi-fitted condition. It is advisable to conduct a physical inspection and, where possible, request maintenance records or past renovation approvals from the seller or MCST before finalising a purchase or lease, particularly for units with heavier machinery history.
What are the chances of en-bloc sale or redevelopment?
En-bloc potential for Northpoint Bizhub appears limited in the near to medium term. The building’s 60-year lease from 2010 means it is a comparatively young asset with decades of lease life still ahead, which typically reduces the financial incentive for a collective sale compared with older, shorter-lease industrial buildings nearing lease expiry. Redevelopment would also require strong consensus among a diverse ownership base typical of strata-titled B1 buildings, which is often difficult to achieve without a clear en-bloc trigger such as a very short remaining lease or a compelling rezoning opportunity. Buyers should treat en-bloc upside as a low-probability, long-horizon consideration rather than a core part of the investment case.
What are the parking and loading arrangements like?
As a ramp-up light industrial building, Northpoint Bizhub is designed around vehicle access to individual floors, which functions as its primary loading arrangement for ground and ramp-accessible units, supplemented by dedicated loading/unloading bays at grade. Surface and multi-storey parking within the estate serves staff, visitors, and delivery vehicles, though availability during peak hours can be tighter than in newer, purpose-built industrial parks with larger dedicated parking provisions. Businesses with frequent heavy-vehicle traffic or large delivery fleets should verify current loading bay availability and any time restrictions with the building management or MCST before committing to a specific unit, particularly for higher floors served only by lift access.
What are the typical MCST or maintenance fees for a unit here?
Maintenance fees at strata-titled industrial buildings like Northpoint Bizhub are set by the Management Corporation Strata Title (MCST) and typically cover common area upkeep, lift servicing, security, and shared facilities such as loading bays and fire safety systems. Fees generally scale with unit share value, so larger ramp-up units carry proportionally higher monthly charges than compact storage units. Exact current fees vary by unit and should be confirmed directly with the MCST or the seller’s agent, since they can change following AGM resolutions on sinking fund top-ups or major repair works. Buyers should factor maintenance fees into their net yield calculations rather than relying on gross rental figures alone.
How liquid is the resale market for units at Northpoint Bizhub?
Resale liquidity at Northpoint Bizhub is moderate rather than high, consistent with a suburban B1 building of its size and MRT distance. Transaction volumes tend to be lower than at larger, more centrally located industrial clusters, meaning sellers may need a longer marketing period to achieve their target price, particularly for less common unit sizes or higher floors. Ramp-up ground floor units and mid-sized factory units with flexible use tend to attract steadier buyer interest than very compact or unusually configured units. Sellers should set realistic pricing expectations based on recent comparable transactions rather than peak historical prices, and should be prepared for a longer holding-to-sale timeline than in more actively traded industrial estates.
What types of businesses are best suited to operate at Northpoint Bizhub?
The building’s ramp-up format and unit-size range make it well suited to light manufacturing outfits, automotive-related trades, general workshops, fabrication businesses, and storage or logistics operators that benefit from direct vehicle access to their unit. It also accommodates smaller trading, e-commerce fulfilment, and service businesses that need an industrial-zoned address without requiring a large floor plate. Businesses reliant on high footfall, walk-in retail, or a prominent client-facing storefront are generally less suited to this location, given its B1 zoning restrictions and its position away from Yishun’s main retail frontage. Prospective occupiers should confirm their specific activity is permitted under B1 zoning before signing a lease or purchase agreement.

This article is provided for general informational purposes only and does not constitute financial, legal, or investment advice. Figures such as pricing, rental ranges, floor specifications, and physical dimensions are indicative estimates compiled from publicly available listings and property data sources as at the update date shown above, and may not reflect current market conditions or the exact specifications of any individual unit. Prospective buyers and tenants should conduct independent due diligence, including verification with URA, the building’s MCST, and a qualified property professional, before making any purchase, leasing, or investment decision.

© 2026 SG Commercial Property Insights. All rights reserved.

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