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C A M B R I D G E I N D U S T R I A L T R U S T
A N N U A L R E P O R T 2 0 1 5
SINGAPORE INDUSTRIAL PROPERTY MARKET OVERVIEW
Table 2.1: Industrial Government Land Sales Programme H1 2016
Location
Site Area
(ha)
Zoning Gross Plot
Ratio
Tenure
(years)
Estimated
Available Date
Confirmed List
Plot 2, Tampines Industrial Drive
0.49
B2
1.4
20
Jan 2016
Plot 3, Tampines North Drive 3
0.58
B2
2.5
20
Feb 2016
Woodlands Sector 2*
1.37
B2
1.4
20
Mar 2016
Plot 10, Tampines Industrial Drive
0.47
B2
1.4
20
Apr 2016
Plot 7, Tuas South Link 2**
0.53
B2
1.4
20
May 2016
Plot 8, Tuas South Link 2*
0.60
B2
1.4
20
June 2016
Reserve List
Plot 1, Tuas South Link 1
3.33
B2
2.0
30
Available
Tuas Bay Close
2.72
B2
1.7
30
Available
Plot 1, Tampines Industrial Drive
0.55
B2
1.4
30
Available
Woodlands Height
1.60
B1
2.5
30
Available
On the other hand, the Reserve List for H1 2016 featured four larger plots with longer tenure at 30 years. These
sites were previously in the H2 2015 Reserve List. Sites on the Reserve List will only be launched for sale by the
government, if an interested developer submits a minimum price bid that is acceptable to the government.
3.0 INDUSTRIAL PROPERTY MARKET OVERVIEW
3.1
Stock
This report focuses on the private industrial sector.
As at Q4 2015, Singapore had a total of 421.4m sq ft
3
of private industrial stock. Single-user factories formed
about half (214.4 million sq ft; 51%) of total stock, followed by multiple-user factories (95.4 million sq ft; 23%) and
warehouses (94.6 million sq ft; 22%). The remaining 4% (17.0 million sq ft) comprises business park (Figure 3.1).
Source: JTC, DTZ Consulting & Research, February 2016.
* previously in H1 2015 Confirmed List.
** previously in H2 2015 Confirmed List.
3 All industrial supply and demand figures are in Net Lettable Area (NLA), unless stated otherwise.
Source: URA, DTZ Consulting & Research, February 2016.
Figure 3.1: Industrial Stock (Q4 2015)
Single-user Factory (214.4m sq ft)
51%
Multiple-user Factory (95.4m sq ft)
23%
Warehouse (94.6m sq ft)
22%
Business Park (17.0m sq ft)
4%
