Published
EdgeProp reported on 24 September 2026 that seven freehold strata Business 1 (B1) light industrial units at Tag A, Tagore Industrial Estate, are on offer together with a ground-floor shop at Block 210 Hougang Street 21 in Kovan. The four questions below cover what a reader of the report would ask first, with answers drawn only from EdgeProp's account.
EdgeProp reported a total guide price of $21 million for the package, and the two parts can be acquired separately. Both parts are open to local and foreign investors, corporates and owner-occupiers. The two parts carry separate closing dates, listed after the fourth answer, so a buyer can pursue the portfolio, the shop or both.
Q1. What are the Tag A units? The seven units total about 22,238 sq ft of strata area across levels one, two and four, and EdgeProp reported that they are fully leased to a diversified tenant mix. According to EdgeProp, the combined guide price is $17.8 million, about $800 psf on strata area, and the units can be acquired individually or as a portfolio, subject to existing tenancies. Spread over seven units, the combined strata area averages about 3,177 sq ft per unit.
Q2. What are the building specifications? Master Contract Services developed Tag A. EdgeProp reported a floor-to-floor height of 5.95 m and floor loading of 10 kilonewton per sq m, with occupier amenities that include a 50 m infinity pool, an indoor gym and BBQ pavilions. Those are the physical figures EdgeProp lists for the Tag A building, and the amenities are described as facilities available to occupiers.
Q3. Why is freehold B1 strata space described as rare? The marketing agent, as reported by EdgeProp, said freehold B1 strata industrial units are rarely available because newer industrial developments are typically offered on shorter leasehold tenures such as 30 years. EdgeProp's report places that point beside the units' freehold title, B1 zoning and full tenancy, which together describe the Tag A offer.
Q4. What is the Kovan shop? EdgeProp reported a guide price of $3.2 million, about $3,764 psf on 850 sq ft of strata area. The shop is owner-occupied at the time of the report and may be sold with a leaseback. It has a wide frontage and a regular column-free layout, with potential to subdivide into two units or explore other uses subject to approvals, and sheltered access to Kovan MRT Station, Kovan Express Bus Terminal and the nearby market and food centre. EdgeProp reported that no living quarters are attached, so no additional buyer's stamp duty (ABSD) applies, and it quoted the marketing agent as saying ground-floor shops under $5 million offer an accessible entry quantum into commercial property.
Space Nova is a freehold (estate in fee simple) B1 (Clean) industrial development at 21 New Industrial Road, Singapore 536208, in Tai Seng, District 19, with Tai Seng and Bartley MRT about 8 minutes on foot. Its 47 strata units rise across 7 storeys on a 36,257 sq ft site, with partial ramp-up access, flatted space and a Level 4 sky garden. JVA NIR Pte Ltd is the developer, with expected vacant possession on 30 June 2029 and expected legal completion on 30 June 2032. The project has launched, and the Sales Concierge issues the e-brochure and floor plans on request. The freehold advantage page covers the tenure in detail.
Requests for the e-brochure, floor plans or price list go to the Sales Concierge through the contact page. Showflat viewings are arranged by appointment through the Sales Concierge.
Source: EdgeProp, 24 September 2026.
General information only, not financial or legal advice.
Source: EdgeProp. This article is independent commentary; Space Nova is not affiliated with the parties mentioned.
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