Will Tuas B2 Prices Rise?

Tuas Mega Port: The New Nerve Centre

Tuas Port is the centrepiece of Singapore’s long-term port strategy, replacing the existing city terminals with a single consolidated mega hub.

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• Maritime and Port Authority of Singapore ('MPA') states that Tuas Port will be developed over four phases and will have a total capacity of up to 65 million TEUs annually when fully completed in the 2040s.

• Phase 1 reclamation has been completed; when fully operational by around 2027, its 21 deep-water berths can handle up to 20 million TEUs a year.

• The port is being built as a highly automated facility, with advanced systems and equipment to manage traffic and cargo flows efficiently.

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Major research houses note that this SGD 20 billion development has already captured the attention of investors, developers and occupiers.

Infrastructure And Land: Making Tuas Easier To Reach

A mega port needs matching land and road infrastructure around it, and that is exactly what is being put in place.

• JTC will reclaim about 172 ha of land at Northern Tuas Basin from 2025 to around 2029 to provide new industrial land and road connections to Tuas South and Tuas Port.

• The new land will add to about 2,200 ha already earmarked for industrial use in Tuas and Tuas South, almost doubling the land area of estates such as Bidadari in comparison.

• The Ministry of Transport has also highlighted plans to enhance accessibility for port workers and users through coordinated transport options and infrastructure.

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Together, the port and its supporting infrastructure are turning Tuas into a much more accessible and attractive industrial location than it used to be.

What This Means For B2 Industrial Values

The shift of container operations and infrastructure investment into Tuas has clear implications for B2 industrial property.

• Jones Lang LaSalle ('JLL') expects Tuas Mega Port to “further accelerate the momentum” for logistics and warehouse development and investment in the Tuas area, especially in the lead-up to 2027.

• The first phase of the mega port, with a 20 million TEU handling capacity, is expected to be fully operational by 2027, drawing more port-related and logistics activity into the west.

• Research indicates that higher-spec logistics and warehouse assets in West Singapore are likely to benefit from this clustering, both in rental demand and investor interest.

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For B2 owners, this suggests that modern, well-located industrial assets in Tuas could see both stronger occupancy and healthier long-term pricing power than older, less efficient stock.

Implications For Medium-Sized Business Owners

If you run a mid-sized engineering, logistics or manufacturing business, or if you are looking at B2 assets as an investment, Tuas is increasingly central to the story.

• Being located near Tuas Port can reduce trucking times and improve reliability for businesses tied to import–export flows.

• Owning a modern B2 unit in Tuas positions you in the growth corridor where government and private investment are clearly focused.

• Over a 10–15 year horizon, your property is likely to benefit from the consolidation of container activity, increasing industrial land value and the maturing of the western logistics ecosystem.

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Viewed this way, Tuas is less a “far-flung” corner and more the strategic front line of Singapore’s trade-driven economy.