What Space Nova is
Space Nova is a freehold B1 (clean) industrial development located at 21 New Industrial Road in District 14, set within an established industrial precinct. It is structured as a partial ramp-up and flatted factory scheme on a site of 3,368.4 sqm, or 36,257 sq ft, with cadastral reference MK23, Lot 02214L. The development is brought to market by JVA NIR PTE LTD (UEN 202501429E), with the temporary occupation permit and expected vacant possession dated 31 December 2028.
The defining quality of Space Nova is its tenure. Where the overwhelming majority of Singapore industrial land is sold on a 30 or 60-year lease, Space Nova is freehold, owned as an estate in fee simple. That distinction shapes everything that follows: a holding that does not expire, an asset that does not erode toward a lease-end, and a base from which to operate or invest for the long term. This is the same category of rare freehold industrial that drove demand for the developer's earlier launches, CT Gold and CT Pemimpin, both of which sold out on their launch day.
Freehold tenure, explained plainly
In Singapore, most industrial property is leasehold, typically granted for 30 or 60 years, after which the land reverts to the state. As a lease runs down, its remaining term shortens, which can affect resale value, the financing banks are willing to extend, and the practical runway for owner-occupation. This gradual erosion is commonly called lease decay.
Freehold tenure removes that clock entirely. An estate in fee simple is held without a fixed end date, so there is no lease decay to manage and no countdown shaping future decisions. In general terms, freehold ownership can offer steadier long-term value retention, broader financing options and greater certainty for businesses that intend to occupy their own premises for decades. Among Singapore industrial assets, genuine freehold is uncommon, which is precisely what makes Space Nova B1 worth attention.
What B1 (clean) industrial means
B1 is a zoning classification under Singapore's planning framework. In general terms, B1 (clean) industrial space is intended for light, clean and non-pollutive industrial activity, the kind of use that generates minimal nuisance to its surroundings. It typically suits operations such as light manufacturing and assembly, research and development, and similar clean-process work that fits comfortably within an established mixed precinct.
This is a broad, general description of how B1 (clean) zoning is commonly understood rather than a statement of the specific permitted uses for Space Nova. Any business considering the development should confirm that its intended activity falls within the approved use for the premises. The brochure and the development's documentation set out the relevant specifications in full, and our team can help match a use case to the right information.
Build features and design
Space Nova is designed around how industrial occupiers actually move goods and run their operations. Partial ramp-up access allows vehicles to drive up to selected units, supporting direct and efficient loading without reliance on shared goods lifts. Generous floor-to-floor heights give scope for mezzanines, racking and machinery, making fuller use of each unit's volume rather than its floor area alone. Rare ground-floor, Level 1 units offer direct ground access, long among the most sought-after configurations in any industrial development.
Vehicle circulation follows a front-in, rear-out arrangement, so traffic flows through the site cleanly instead of competing at a single point. As a harmonised development built to harmonised floor-area guidelines, Space Nova translates its envelope into more usable space. Specific dimensions, loading capacities, power provisions, the unit mix and floor plans are reserved for the brochure, released privately to interested parties.
Position and connectivity
Space Nova sits within an established industrial precinct at 21 New Industrial Road, beside the Bartley Road flyover, placing it within a recognised cluster of working industrial addresses. The location offers connections across the island, with the Bartley and Tai Seng MRT stations on the Circle Line nearby and access to the KPE and PIE expressways for road movement to the wider industrial map.
This factsheet, the freehold guide and the location overview together give a complete public view of Space Nova ahead of the brochure. The full unit-level detail is released privately to interested parties.
