IndustrialBUSINESS 2LeaseholdDistrict 5 · Clementi

218 Pandan Loop

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2024

Quick Summary

218 Pandan Loop is a industrial building in District 5 · Clementi, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 4 transactions are on record since 1995, most recently in Nov 2024. 1 unit is currently listed for rent. ACRA records 16 live company registrations at this address.

The facts are here — now get the verdict on 218 Pandan Loop.

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What are the key facts about 218 Pandan Loop?

Key takeaway218 Pandan Loop is a industrial building in District 5 · Clementi, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 5 · Clementi
Address: 218 Pandan Loop
Land area: —
Completed: 2019 (JTC industrial completions)
Storeys: Not on record
Developer: X Properties Inc Pte Ltd (JTC industrial completions)
Estate (JTC): Jurong Industrial Estate
Listed as: Factory / Workshop (B2)
Transactions on record: 4 (records start 1995)
Live listings: 1
ACRA registrations: 16

Who owns 218 Pandan Loop, and what is it valued at?

Key takeawayNo REIT or listed company holds 218 Pandan Loop today on its latest filings. Earlier SGX filings about it are below, each with its date.

Whole-building deals

Announced 11 Aug 2017 · completed 11 Aug 2017
Sabana Shari’ah Compliant Industrial Real Estate Investment Trust sold 218 Pandan Loop for S$14.8 million (divestment).
Announcement on SGX · completion notice
Announced 5 Dec 2016
HSBC Institutional Trust Services (Singapore) Limited, in its capacity as trustee of Sabana REIT sold 218 Pandan Loop, Singapore 128408 for S$14.8 million (sale consideration) to X Properties Inc Pte Ltd..
Announcement on SGX

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

About 218 Pandan Loop

218 Pandan Loop is an industrial property in Clementi (District 05). It is located along Pandan Loop, Singapore 128408.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

4 transactions have been recorded here, at a median of S$146 psf. The most recent was in November 2024.

Across JTC's rental returns for Pandan Loop, the median rent for industrial space on this street works out to about S$1.51 psf per month over 106 observations. Observed medians on the street span S$0.90 to S$2.22 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

The nearest port or airport land is about 2.3 km away. The closest business-park zone is about 1.3 km away. The closest bus stop (Pan Tech Ind Cplx) is 201 m away (about a 3-minute walk).

19 businesses are currently registered at this address with ACRA.

What is 218 Pandan Loop zoned as?

Key takeaway218 Pandan Loop sits on land zoned BUSINESS 2 with a gross plot ratio of 2.5.

Land-use zone: BUSINESS 2
Gross plot ratio: 2.5

Run the full zoning report for this building →

What has 218 Pandan Loop sold for?

Key takeaway4 transactions are on record since 1995, most recently in Nov 2024 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Nov 2024	Single-user Factory	S$42.00M	96,690 sqft	$434
Dec 2016	Single-user Factory	S$14.80M	96,690 sqft	$153
Oct 2010	Single-user Factory	S$13.50M	96,690 sqft	$140
May 2005	Single-user Factory	S$7.50M	96,690 sqft	$78

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter

What does space at 218 Pandan Loop rent for?

Key takeawayNo rent is published for 218 Pandan Loop itself. On its street, Pandan Loop, strata factory space rented at a median of $2.14 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Pandan Loop

Street level · 2026Q3

25th pct

—

— psm

Median

$2.14

$23.01 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +0% on a year earlier

2023Q4 · $23.87 psm2026Q3 · $23.01 psm median

This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.

Source: JTC J-SPACE, rental of industrial space by street.

Market context around 218 Pandan Loop

Key takeawayBrokers' industrial figures for Singapore as a whole — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Factory (ground floor): Rent S$1.81 psf/mth
Factory (upper floor): Rent S$1.41 psf/mth
Prime logistics: Rent S$1.87 psf/mth · Capital value S$245 psf · Net yield 6.5%
Warehouse (ground floor): Rent S$1.91 psf/mth
Warehouse (upper floor): Rent S$1.39 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026 (island-wide)

Factory - Ground Floor: Rent S$1.79 psf/mth
Factory - Upper Floor: Rent S$1.57 psf/mth
High-Tech: Rent S$3.56 psf/mth
Prime Logistics - Ground Floor: Rent S$1.92 psf/mth
Prime Logistics - Upper Floor: Rent S$1.74 psf/mth
Warehouse - Ground Floor: Rent S$1.81 psf/mth
Warehouse - Upper Floor: Rent S$1.49 psf/mth

Singapore Industrial MarketBeat Q2 2026

Official series (JTC, 2026Q3): Multiple-User Factory occupancy (island-wide) 90.3% (-0.7 pp on the year) · Single-User Factory occupancy (island-wide) 89.1% (0 pp on the year) · Warehouse occupancy (island-wide) 89.7% (+0.1 pp on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

How fast units move at 218 Pandan Loop

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at 218 Pandan Loop?

Key takeawayURA has approved 1 change of use at 218 Pandan Loop since 2000, most recently in 2023. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

9 Jul 2026Renewed
Change of use
Continued use of the ancillary workers' dormitory (total 20 workers) at the single user 7-storey general industrial development
12 Aug 2024Approved
Additions & alterations
Proposed retention of existing diesel storage tank and dispensing pump and additions & alterations to existing diesel storage tank and dispensing pump on lot 05802a mk05 at 218 pandan loop (clementi planning area)
4 May 2023ApprovedFloor 6
Change of use: industrial canteen → food manufacturing and part of 2nd storey from ancillary office to industrial ca
Proposed change of use of unit #06-XX from industrial canteen to food manufacturing and part of 2nd storey from ancillary office to industrial canteen
23 Aug 2022Renewed
Change of use
Continued use of the ancillary workers' dormitory (total 20 workers) at the single user 7-storey general industrial development
23 Aug 2005Approved
Additions & alterations
Proposed a/a to existing warehouse bldg with new shed for loading and unloading bay
23 Aug 2001Approved
Additions & alterations
Proposed additions & alterations to existing warehouse buliding and 2-storey r & d ancilary office building (plot a13458a)
23 Mar 2001Approved
Additions & alterations
Proposed entrance culvert and driveway to existing 2-storey warehouse and 2-storey r&d ancillary office-building

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

How does Pandan Loop price?

Key takeawayPandan Loop's current JTC street rent is S$23.01 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 5.4% (4.9% net of property tax).

Strata sales on the street (5y)

114

Street median PSF (strata)

$469

Indicative street yield

5.4% gross

4.9% net of property tax

An INDICATIVE street-level yield, not a yield for any particular unit: the current-quarter JTC street rent divided by the street's strata sale PSF median.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Street figures cover strata deals only — land and strata PSF are not comparable.

What is available at 218 Pandan Loop right now?

Key takeaway1 unit is currently listed at 218 Pandan Loop. One row per unit; several agents often market the same unit.

For rent (1)

218 Pandan LoopS$4k/mo · 1,500 sqft

Browse every listing at this building →

What is near 218 Pandan Loop?

Amenities nearby

Pan Tech Ind Cplx · 201 mEducational Institution · 622 mPandan Clinic · 1.0 kmBusiness Park · 1.3 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 218 Pandan Loop

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Clementi, 1.9 km away. One public car park is within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 51% of industrial buildings

no MRT/LRT within 1 km (nearest Clementi, 1.9 km); bus stops within 400 m: 2, about 1,435 taps a weekday; Clementi: 38,836 resident workers (Census 2020, by workplace); about 15,000 residents within 1 km (June 2026). Ranked against 8,225 industrial buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.

Bus

2 bus stops within 400 m, with 1,435 boardings and alightings on an average weekday.

Public car parks within 500 m

Pandan Loop (URA)428 m
S$0.60 per half-hour at midday on a weekday · season S$90/month · 58 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 218 Pandan Loop's own car park, if it has one, and its charges are not in the open data.

Who's registered at 218 Pandan Loop?

Key takeaway16 live companies (and LLPs and branches; sole proprietors are not counted) list 218 Pandan Loop as their registered address. These are registered businesses, not who occupies the space.

Accommodation and food services
6
Manufacturing
4
Professional, scientific and technical services
3
Wholesale and retail trade
1
Financial and insurance
1
Health and social services
1
Information and communications
0
Real estate
0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$16.24 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$16.24 psm/mo
Observed range: S$9.69 – S$23.87

JTC street medians span 2000 to today and are an all-time level, not today's asking rent; the forward pipeline is a forecast, not committed completions.

Frequently asked questions about 218 Pandan Loop

Where is 218 Pandan Loop?⌄

218 Pandan Loop is at 218 Pandan Loop, Singapore 128408, in the Clementi planning area.

What is 218 Pandan Loop zoned as?⌄

218 Pandan Loop is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at 218 Pandan Loop?⌄

Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of 218 Pandan Loop?⌄

218 Pandan Loop is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 218 Pandan Loop sold for?⌄

Across 4 recorded transactions, the median is S$146 psf. The latest was in November 2024.

What does industrial space near 218 Pandan Loop rent for?⌄

JTC's rental returns for Pandan Loop put the median at about S$1.51 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Pandan Loop, not a rent quoted for 218 Pandan Loop itself.

How many businesses are registered at 218 Pandan Loop?⌄

19 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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Read the figures right

Completion year: the first quarter JTC records a TOP (Temporary Occupation Permit) at this address. JTC lists major industrial projects (7,000 sqm and up) from 2013; where an older building stood on the site, this is the current building's year.

Developer: as named on JTC's completion record, often the project company rather than the listed group.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from JTC industrial completions, JTC estate boundaries, URA planning decisions, URA car park data (URA Data Service), PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Owners, valuations and deals: the owners' own filings on SGX (notices of valuation of real assets, acquisition and divestment announcements, annual reports), facts only, each with its date.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.