Singapore industrial property

SINGAPORE PROPERTY

Standard Chartered to sell and lease back two Changi Business Park properties for S$183 million

Lender says move is part of strategy to drive further growth in Singapore, its second-largest market

Kewalram House, a non-JTC industrial development, sits on a regular plot 108,359 sq ft in size.

Soon Hock buys industrial property Kewalram House for S$120.5 million

The purchase price for the Business 1-zoned site translates to about S$440 psf ppr

Rental rates at Centurion's Westlite Ubi dormitory are 5% to 10% higher, one analyst estimates.

Singapore worker dorm rents could rise 5% in 2026 after a H2 2025 dip, as mandated upgrades roll out

Post-upgrades, rents may be raised to reflect the higher quality and costs of maintaining the facilities

UI Boustead Reit comprises 23 properties in Singapore and Japan, with a portfolio valued at S$1.9 billion.

UI Boustead Reit launches S$1.2 billion IPO at S$0.88 per unit

Following the offering, the trust will have a total market capitalisation of S$1.95 billion 

The price tag represents an 11.1% premium to the property’s valuation of S$13.5 million as at Feb 28, the manager said.

Aims Apac Reit to divest S$15 million industrial property for capital recycling

The net proceeds may be redeployed towards acquisitions, asset enhancements and development opportunities

The sale of the site is not expected to incur additional buyer’s stamp duty for the developer, as the plot currently has a Business 1 zoning.

Tan Boon Liat Building in Outram up for sale again at lower S$1 billion reserve price

The price tag translates to a land rate of about S$1,757 psf ppr

Two low-rise warehouse blocks are on the 456,814 sq ft site, which has a balance lease of 30 years.

Far East Organization sells Tuas industrial asset to PGIM JV for S$121.1 million

It will be redeveloped into a five-storey, fully ramp-up prime logistics facility with about 1.1 million sq ft of GFA

Notable commercial deals in Q4 2025 include the S$809 million acquisition of The Clementi Mall by an entity linked to The Elegant Group.

Singapore property investment sales reach S$34.1 billion in 2025, highest in 8 years

Savills expects 2026 figure to be on a par, amid lower financing costs, asking prices and opportunities for asset repositioning

View of JTC's Bulim Square. The overall occupancy of industrial spaces stands at 88.7%, down 0.4 percentage point from 89.1% in the previous quarter.

Rise in Singapore industrial rents tapers to 2.4% for 2025 after almost flat Q4: JTC

Prices rise 5% year on year, with strong buying interest in assets

Certain sectors in Singapore's industrial market are expected to moderate significantly as a wave of new supply enters the market.
OUTLOOK 2026

Singapore industrial market set for ‘uneven growth’ in 2026

High-spec, high-tech industrial space in demand, but occupiers growing more cost-conscious and older assets face pressure