Singapore industrial property

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

The  price for 315 Alexandra Road, next to the Ikea store, works out to S$307 per sq ft based on the existing gross floor area.
SINGAPORE PROPERTY

Premium Automobiles teeing up to buy Sime Darby Business Centre for S$55 million

Former Audi dealer, which now distributes China EV brands, signs put-and-call option for acquisition of Alexandra Road showroom building

The price growth for industrial properties in the recent third quarter is the slowest quarter-on-quarter rise since Q3 2024.

Singapore industrial rents up 2.3% yoy, inch up 0.5% qoq in Q3: JTC

Industrial prices rise 5.7% year on year and 0.6% from previous quarter

Located at the corner of Tagore Drive and Upper Thomson Road, the site has substantial redevelopment potential.
SINGAPORE PROPERTY

NTUC FairPrice’s freehold Upper Thomson property on the market for about S$300 million

CBRE has been appointed to market the site housing a fresh food distribution centre

Ler Lily, chief executive of the manager, says that the data centre sector continues to be a key pillar of its growth, amid surging demand driven by cloud computing, artificial intelligence and digital transformation.

Mapletree Industrial Trust posts 4.7% fall in Q1 DPU to S$0.0327

Net property income up 0.8% on the year to S$133.6m for the quarter

Punggol Digital District was built on an Open Digital Platform that connects different smart technologies, and also provides a digital twin to allow tech firms to test-bed solutions.
BT PROPERTY WEEK

Expanding real estate options for growing businesses in Singapore

Hi-spec industrial space, business parks and suburban offices are increasingly attractive alternatives for young companies

Frequented by furniture buyers, Tan Boon Liat Building is next to Havelock MRT station.

Tan Boon Liat Building’s S$1.15 billion collective sale closes with no bids

But there are expressions of interest for the large plot, and parties have entered a 10-week private treaty period due to conditions placed

The new platform, UIB, will target real estate opportunities in high-growth sectors, particularly in logistics and data centres.

Boustead Singapore to hive off real estate business; subsidiary to take 24.1% stake in Unified Industrial

Singapore-listed company says proposed transaction will facilitate future capital-raising opportunities

Analysts, referring to retail players, said this segment may suffer less impact from the SEZ, although they may take more of a hit from the Johor Bahru-Singapore Rapid Transit System.

Industrial property in Singapore among sectors likely to take a hit from JS-SEZ, analysts say

Manpower or space intensive sectors could reap big savings by moving to the special economic zone across the Causeway

The outline planning advice was issued from the URA on Jan 22, 2025, following a study of the site which concluded after eight months.

Freehold Tan Boon Liat Building site up for sale for S$1.15 billion, may be rezoned for residential use

The buyer is expected to pay a land betterment charge estimated at S$830 million to S$840 million on top of the purchase price