Freehold B1 industrial space at 21 New Industrial Road
Space Nova is a new-launch freehold B1 industrial development at 21 New Industrial Road, offering modern, flexible business space for light-industrial occupiers and investors. Freehold tenure is comparatively rare for industrial property in Singapore, where most industrial land is leasehold, so a freehold B1 building gives owners long-term security and a more durable asset to hold or pass on.
The B1 classification suits clean, light-industrial activity — assembly, light manufacturing, research and development, e-commerce fulfilment, and similar uses — making Space Nova a practical fit for a wide range of growing businesses that need quality space without the constraints of heavier B2 zoning.
Why freehold B1 matters
B1 zoning permits light-industrial use with lower nuisance impact, which keeps the building suitable for a broad mix of tenants and protects its appeal over time. For owner-occupiers, a freehold B1 unit means you can settle a business into a permanent home without a lease clock running down; for investors, it means an asset whose value is not eroded by a shortening tenure and that remains attractive to future buyers and tenants alike.
Modern B1 developments increasingly emphasise efficient floor plates, good natural light, and well-considered shared facilities — the kind of environment that helps businesses attract staff and operate productively, rather than simply housing a process.
The 21 New Industrial Road location
New Industrial Road sits within an established industrial pocket with convenient access to the wider island via major roads and expressways, placing staff, suppliers and customers within practical reach. An established location like this offers a settled operating environment and proximity to a relevant labour pool and complementary businesses — useful for any light-industrial occupier weighing day-to-day logistics against long-term positioning.
Exploring Space Nova
Choosing industrial space is a technical decision — zoning, floor loading, power, ceiling height and access all need to align with how your business actually operates. As an industrial and commercial space brokerage, we can help you confirm whether Space Nova suits your operation and how it compares with other freehold and leasehold options around Singapore.
Detailed specifications, unit sizes and availability are on the official Space Nova project website. To see the full range of industrial and commercial space we handle, visit the Corporate Space home page or tell us what your business needs and we will match you to suitable units.
Doing your due diligence
Before committing to any commercial or industrial unit, a disciplined check of the essentials saves expensive surprises later. Confirm that the permitted use and zoning match your intended activity, since operating outside a unit's approved use can stall licensing or force a costly relocation. Verify the practical specification too — floor loading, power supply, ceiling height, and vehicular access all determine whether a unit can actually support your operations day to day.
It is equally worth understanding the tenure and any usage conditions attached to the land, the service and maintenance charges, the fit-out scope and lead time, and the timeline to occupation. For an owner-occupier, these factors shape the true cost of ownership; for an investor, they shape the unit's appeal to future tenants. Working through this checklist with someone who knows the market is the surest way to confirm a property genuinely fits before you sign. As your needs evolve, our team can also help you track comparable opportunities so you always have a clear sense of the alternatives.
Visit the Space Nova project site → Browse properties for sale