How Master Plan 2025 is reshaping SG’s industrial landscape

As a small nation, Singapore must continually adapt to global developments. The review of the latest Draft Master Plan 2025 (DMP 2025) presents two case studies that exemplify the nation's strategic shift in the industrial landscape to meet evolving business needs: the rezoning in Woodlands North Coast and Changi Business Park to include more Business 2 (B2) and B2-White spaces.

Figure 1: Changes in Master Plan for Woodlands North Coast

Source: URA, JLL Research

The WNC rezoning aligns with Singapore's broader strategy, as the Prime Minister articulated in the recent National Day Rally 2025 regarding flexible industrial spaces near the Rapid Transit System (RTS) link. These sites, positioned close to the Johor-Singapore Special Economic Zone (JS-SEZ), offer the domestic manufacturing industry access to cross-border manufacturing and logistics opportunities.

Source: URA, JLL Research

This conversion allows for more manufacturing activities, expanding the industrial ecosystem with a larger pool of prospective occupiers. The rezoning should improve the land productivity as it caters to the growing manufacturing needs targeted in the Changi development plans.²