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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
Figure 5.2: Potential Supply
Source: JTC, DTZ Consulting & Research, February 2016.
Source: JTC, DTZ Consulting & Research, February 2016.
‘000 sq ft
6,000
5,000
4,000
3,000
2,000
1,000
0
2016
2017
2018
Average Annual Supply (2016 to 2018): 4,562,000 sq ft
Average Annual Supply (2005 to 2014): 3,139,000 sq ft
Pipeline supply is predominantly single-user warehouse (85%, 10.4 million sq ft), including facilities developed by
major logistics players, e.g. Hankyu Hanshin Express and Singapore Post.
Singapore Post’s redevelopment will feature an estimated 469,000 sq ft of warehouse, together with an estimated
188,400 sq ft mall in Paya Lebar Central. Singapore Post positioned this development as a smart mall, by combining
online and offline retail experiences. Shoppers can purchase goods in-store and their goods will be delivered
home. Meanwhile, e-merchants at the mall can widen their customer base through online shopping, featuring in-
shop ordering and flexibility in delivery and collection timing.
The remaining 15% (1.8 million sq ft) is multiple-user warehouse that have large NLA, e.g. Carros Centre (1 million
sq ft) and a multiple-user warehouse (587,600 sq ft) at 5B Toh Guan Road by Mapletree Logistics Trust (Table 5.1).
Table 5.1: Selected Private Warehouse Developments (>300,000 sq ft)
in the Pipeline Supply (Islandwide)
7
Development/Developer
Location
Type Estimated NLA (Sq ft)
2016
Supply Chain City
Jurong West Street 23
Single-user
1.2m
Mapletree Logistics Trust
5B Toh Guan Road East
Single-user
587,600
Singapore Post
Greenwich Drive/Tampines Road Single-user
469,400
City Freight Services Distripark
Gul Circle
Single-user
416,700
Hyflux Membrane Manufacturing (S)
Tuas South lane
Single-user
387,300
Tiong Woon Crane & Transport
Pandan Crescent
Single-user
304,000
2017
Carros Centre
Jalan Lam Huat
Multiple-user
1.0m
Poh Tiong Choon Logistics
Pandan Road
Single-user
940,400
Hankyu Hanshin Express (Singapore)
Jalan Buroh
Single-user
443,300
Awan Data centre
Tuas Avenue 4
Single-user
301,900
2018
CWT Limited
Jalan Buroh
Single-user
2.0m
7 Figures have been rounded.
