As the Changi region develops, new opportunities could emerge for Singapore’s industrial property sector.

Work began on the Changi Terminal 5 (T5) in May 2025, a major milestone for the 1,080-hectare Changi East development project. Besides T5, the project includes the Changi East Industrial Zone (CEIZ), designed to support the growth of the air cargo industry and related logistics activities, and a mixed-use Changi East Urban District. The latter is envisioned to offer a vibrant “live-work-play” environment to draw businesses and talent to the area.

The government has also announced plans to develop a second “Airport Logistics Park of Singapore” (ALPS2) – a Free Trade Zone – from the 2030s, while transport infrastructure enhancements including the Loyang Viaduct, new cycling paths, and upcoming Cross Island Line stations will improve connectivity, reduce travel times, and boost Changi’s development.

Figure 1: Plans for the Changi region in Eastern Singapore