πŸ’Ž FREEHOLD B1 CLEAN INDUSTRIALπŸ“ Prime City-Fringe LocationπŸ’° Starting from Just $14XX PSF🏒 From $2.3xMπŸ—“οΈ PREVIEW: 24 Jul – 5 AugπŸ“ BOOKING DAY: 7 Aug
21 New Industrial Road, Singapore 536208 Β· Freehold B1 Industrial
Space Nova β€” freehold B1 industrial at 21 New Industrial Road
Artist's impression of Space Nova freehold B1 industrial development at 21 New Industrial Road at golden hour, Singapore
Space Nova freehold B1 industrial building at 21 New Industrial Road β€” full street-level view of the glass tower and external staircase
Space Nova B1 clean industrial development at 21 New Industrial Road β€” sunset side view with landscaped frontage
Freehold B1 Clean Industrial Β· District 19 Β· MK23 Lot 02214L

Space Nova — 47 freehold B1 industrial units at 21 New Industrial Road, Tai Seng

Seven storeys of clean industrial space from JVA NIR, with 6.3–6.5m floor-to-floor heights, ramp-up loading and a Level 4 sky terrace, eight minutes on foot from Tai Seng and Bartley MRT. Vacant possession 30 June 2029.

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The latest on Space Nova at 21 New Industrial Road

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Latest Space Nova updates

Last updated: June 28, 2026. Dates reflect genuine content updates.

Space Nova at a Glance

A freehold industrial estate, held in perpetuity

Space Nova is a freehold B1 (clean) industrial development at 21 New Industrial Road, in one of Singapore's most established city-fringe industrial precincts. Developed by JVA NIR Pte Ltd, the estate brings together perpetual freehold ownership, efficient ramp-up access and a compact collection of 47 strata units β€” a combination that is increasingly rare in a market dominated by short-tenure leasehold launches.

For owner-occupiers and investors alike, the appeal is straightforward. Freehold industrial land in Singapore is finite and seldom released, and a well-located freehold address like Space Nova lets a business plant roots without the lease-decay clock that shadows most industrial property. Expected completion is targeted for 2029. Explore the full project details, study the freehold advantage, or register your interest to receive the brochure first.

Freehold
Tenure
47
Strata Units
36,257 sqft
Site Area
2029
Est. Completion
Video Tour

See Space Nova at 21 New Industrial Road

Watch a short walkthrough of Space Nova β€” the freehold B1 (clean) industrial development at 21 New Industrial Road in District 19. For unit layouts and availability, see the floor plans and balance units chart, or register your interest to receive the full marketing pack.

The Investment Case

Why scarce freehold industrial holds its ground

The strongest argument for Space Nova is simple arithmetic: Singapore is not making more freehold industrial land. The overwhelming majority of new industrial sites are released on 30- or 60-year leasehold tenures under JTC and government land sales, which means their value erodes measurably as the lease runs down. A freehold title at 21 New Industrial Road sidesteps that decay entirely.

That scarcity has historically translated into resilient demand. Freehold industrial assets in mature, well-connected precincts tend to hold value and attract a deeper buyer pool on resale, precisely because so few exist. For an owner-occupier, the same quality means a permanent operating base; for an investor, it means an asset class with a built-in supply constraint.

Space Nova also sits in a precinct with genuine redevelopment history and momentum. The 21 New Industrial Road site itself came to market through a collective sale process, reflecting the long-running developer interest in city-fringe freehold parcels. As the wider Paya Lebar and Tai Seng district continues to transform, quality industrial space close to residential catchments and transport nodes is positioned to stay in demand. Review the freehold advantage in full, or weigh it against the location fundamentals.

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Tenure, Scale & Site Facts

The hard facts behind Space Nova

Everything about Space Nova is built around a single, durable proposition β€” freehold ownership of a modern B1 industrial unit in an established Singapore precinct. The development occupies a regular site of roughly 36,257 square feet, zoned B1 (clean) industrial, which suits light and clean manufacturing, technology, research, warehousing and a wide range of business uses permitted under URA guidelines.

The building stacks three ground-floor units of 1,894–2,669 sqft, four units each on the 2nd and 3rd storeys beside the common loading bays, and nine to ten units per floor from the 4th to the 7th storey, most between 1,625 and 1,744 sqft with a single 2,917 sqft unit on the top floor. Vehicles reach the upper loading decks by ramp, 23 car spaces including four EV lots serve the estate, and every unit has its own attached toilet. See the site plan and floor plans for the full configuration.

ProjectSpace Nova
DeveloperJVA NIR Pte Ltd
Address21 New Industrial Road
DistrictD19
TenureFreehold
ZoningB1 (Clean) Industrial
Site Area36,257 sqft / 3,368.4 sqm
Total Units47
Carpark Lots23 (incl. 4 EV-ready)
Expected Completion2029
Explore Space Nova

Three reasons buyers are registering early

Space Nova developer JVA NIR Pte Ltd β€” official elevation render of the freehold B1 clean industrial building at 21 New Industrial Road

Space Nova Developer

Space Nova is developed by JVA NIR Pte Ltd, the entity behind this freehold B1 industrial project at 21 New Industrial Road. The development reflects a focus on durable, functional industrial space rather than short-cycle leasehold product.

Singapore's industrial buyers increasingly look past the launch and toward the tenure, the build quality and the long-term hold. A freehold title is a statement of intent β€” it signals an asset designed to be owned, used and passed on rather than simply leased for a fixed term.

The 21 New Industrial Road parcel reached the market through a collective sale process, a route that has historically drawn developer interest precisely because freehold city-fringe land is so seldom available. That heritage gives the site a redevelopment pedigree that few new industrial launches can claim.

For owner-occupiers, the developer's choice of a B1 (clean) zoning opens the estate to a broad spread of business uses β€” light manufacturing, technology and research, clean assembly, e-commerce fulfilment and warehousing among them.

For investors, the same combination of freehold tenure and flexible zoning widens the future tenant and buyer pool, supporting both rental resilience and resale liquidity in a constrained-supply asset class.

Read the full developer background, then compare it against the freehold advantage and the broader location story before you register your interest.

Read more about the developer β†’
Space Nova freehold B1 industrial building at 21 New Industrial Road at dusk

Space Nova Freehold

Tenure is the single fact that separates Space Nova from almost every other industrial launch on the market: the title is freehold, so the land and the building belong to the strata owners for as long as they choose to hold them.

Compare that with the typical JTC release, where a 20- or 30-year lease starts running down from day one and the asset is worth less every year the business occupies it. In an established precinct like Tai Seng, a freehold strata industrial title has not come to market in years.

For businesses, perpetual ownership means certainty. A company can build out its headquarters, factory, storage or logistics base without the looming question of what happens when a lease expires β€” and without financing constraints that tighten as a lease shortens.

For investors, scarcity is the value driver. As industrial land availability stays limited and tenures shorten across new releases, freehold assets in well-connected locations are positioned to remain sought-after on both the leasing and resale markets.

Freehold also tends to support cleaner financing. Lenders generally view a freehold or long-tenure industrial asset more favourably than one with a rapidly depleting lease, which can matter at the point of purchase and refinancing.

Understand the full picture on the freehold advantage page, then see how it pairs with the Tai Seng location and site design.

Read more on freehold β†’
Visit Space Nova showflat β€” cross-section of the clean industrial floors showing production, warehousing and studio fit-outs

Visit Space Nova Showflat

The sales preview for Space Nova is now open, with Booking Day on 7 August. To walk the development and go through unit selection with our team, register for a showflat appointment.

The e-brochure and indicative price list are already published on this site, so the appointment is for the questions a brochure cannot answer: which stack suits your loading pattern, which floors are still available, and how the payment schedule fits your cash flow.

At the appointment, you will be able to walk through the unit configurations, understand the ramp-up access and ceiling heights, and discuss which stack and floor best fits your operational needs β€” from ground-floor loading to upper-level production or storage.

Our team can also walk you through the buyer's stamp duty and GST treatment for industrial property, the progressive payment scheme for buildings under construction, and industrial financing considerations.

Whether you are an owner-occupier securing a permanent base or an investor adding a scarce freehold asset, the appointment is the fastest way to get the complete, current picture.

Book through the showflat appointment page, or reach us directly via contact. Viewings are by appointment only.

Book a showflat viewing β†’
Connectivity & Surroundings

Built into Singapore's city-fringe industrial belt

Location does heavy lifting for any industrial asset, and Space Nova sits in one of the better-connected pockets of the island. The site lies at the edge of the Tai Seng precinct beside the Bartley flyover, with dual road frontage to New Industrial Road and Lim Teck Boo Road that aids both access and visibility.

For staff, the development is within reach of Tai Seng and Bartley MRT stations on the Circle Line, widening the talent catchment and easing the daily commute β€” a real advantage for businesses that struggle to draw workers to remote industrial estates. For goods and logistics, quick links to the PIE, KPE and CTE expressways connect the estate to Changi, the CBD, Jurong and the wider industrial clusters.

The surrounding Tai Seng ecosystem β€” technology firms, food manufacturers, logistics operators, corporate offices and service providers β€” supports supply-chain efficiency and day-to-day convenience, while nearby residential estates including Bartley, Bidadari, Serangoon and Woodleigh deepen the workforce pool. Explore the full amenities and location breakdowns.

Why Space Nova

What sets Space Nova apart on paper

Freehold, in a leasehold market

Most new B1 supply arrives on 20–30 year JTC terms. Space Nova is held in fee simple, which is the whole basis of the investment case.

6.3–6.5m floor-to-floor

Every clean industrial floor is designed to a 7.5 kN/m² loading with height for mezzanines, racking or process equipment.

Ramp-up loading decks

A vehicle ramp links the 2nd and 3rd storey loading bays, with two loading bays and a heavy-vehicle lot at ground level.

Power for production

100A three-phase isolators to the three ground-floor units and #07-07; 60A three-phase to every other unit, with solar PV provision on common areas.

Communal sky terrace

A landscaped Level 4 terrace gives staff an outdoor break-out space — unusual for strata industrial at this scale.

Two MRT lines on foot

Eight minutes to Tai Seng on the Circle Line and to Bartley on the Circle Line interchange with the North East Line via Serangoon — see the location page.

Space Nova location map at 21 New Industrial Road near Bartley, Tai Seng and Upper Paya Lebar Road, Singapore
21 New Industrial Road

A mature, well-served address

The Space Nova location places businesses at the intersection of Upper Paya Lebar Road and Bartley Road East, with the Bartley flyover providing fast onward connections. Dual frontage to New Industrial Road and Lim Teck Boo Road improves both access and signage visibility for occupiers.

The Tai Seng precinct has matured into a genuine business district, home to industrial buildings, corporate offices, technology companies and food manufacturers. That clustering supports collaboration and supply-chain efficiency, while the city-fringe position keeps central Singapore within easy reach.

  • Beside the Bartley flyover
  • Near Tai Seng & Bartley MRT (Circle Line)
  • Quick access to the PIE, KPE & CTE
  • Close to Bartley, Bidadari, Serangoon & Woodleigh
Explore the location
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No obligation. We respond personally to every enquiry β€” the Space Nova brochure and indicative price guide are shared with qualified parties.

Frequently Asked Questions

Frequently Asked Questions

What is Space Nova at 21 New Industrial Road?

Space Nova is a freehold B1 (clean) industrial development at 21 New Industrial Road in District 19, Singapore, developed by JVA NIR Pte Ltd. It offers 47 strata industrial units with an expected completion in 2029.

Is Space Nova freehold?

Yes. Space Nova is held on a freehold tenure (estate in fee simple), which is rare among Singapore industrial developments, where most new launches are sold on 30- or 60-year leasehold terms. Read more on the freehold advantage page.

Where is Space Nova located?

Space Nova sits at 21 New Industrial Road in the established Tai Seng industrial precinct, beside the Bartley flyover. It is within reach of Tai Seng and Bartley MRT stations on the Circle Line and close to the PIE, KPE and CTE expressways. See the location page.

How many units does Space Nova have?

Space Nova comprises 47 strata B1 industrial units with 23 carpark lots, designed with partial ramp-up access, high floor-to-floor ceilings and a limited number of ground-floor units. See the floor plans and site plan.

Can foreigners or companies buy Space Nova units?

Yes. Unlike residential property, B1 industrial units such as those at Space Nova may be purchased by individuals, Singapore-incorporated companies and certain foreign entities. Industrial property does not attract Additional Buyer's Stamp Duty (ABSD), though GST may apply where the seller is GST-registered β€” see stamp duty & GST.

When will Space Nova be completed?

Expected vacant possession for Space Nova is targeted for 2029. Register your interest to receive completion updates and the project brochure as they become available.

Secure a Scarce Freehold Asset

See if Space Nova fits your next move

Freehold industrial like Space Nova rarely comes to market. Register now to receive the brochure, indicative price guide and balance units ahead of public release.