IndustrialBUSINESS 2LeaseholdDistrict 5 · Clementi

231a Pandan Loop

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2001

Quick Summary

231a 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. 1 transaction is on record since 1995, most recently in Nov 2001. ACRA records 8 live company registrations at this address.

The facts are here — now get the verdict on 231a Pandan Loop.

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What are the key facts about 231a Pandan Loop?

Key takeaway231a 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: 231a Pandan Loop
Land area: —
Completed: Not on record
Storeys: Not on record
Estate (JTC): Jurong Industrial Estate
Transactions on record: 1 (records start 1995)
Live listings: None
ACRA registrations: 8

About 231a Pandan Loop

231A Pandan Loop is an industrial property in Clementi (District 05). It is located along Pandan Loop, Singapore 128419.

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.

1 transaction has been recorded here, at a median of S$29 psf. The most recent was in November 2001.

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 2.6 km away. The closest business-park zone is about 947 m away. The closest bus stop (S'pore Food Ind) is 111 m away (about a 2-minute walk).

8 businesses are currently registered at this address with ACRA.

What is 231a Pandan Loop zoned as?

Key takeaway231a 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 231a Pandan Loop sold for?

Key takeaway1 transaction is on record since 1995, most recently in Nov 2001 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Nov 2001	Single-user Factory	S$2.82M	97,514 sqft	$29

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 231a Pandan Loop rent for?

Key takeawayNo rent is published for 231a 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 231a 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.

What's been approved at 231a Pandan Loop?

Key takeawayURA has approved 1 change of use at 231a Pandan Loop since 2000, most recently in 2017. 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.

28 Oct 2022Approved
Additions & alterations
Proposed retention 1 unit of 7000 litres diesel tank with 1 unit of dispensing pump for 231a pandan loop, singapore 128419 (for phc holdings pte ltd) on lot 04757k mk05 at 231a pandan loop
7 Dec 2017Approved
Change of use to ancillary training area for staff training, product testing and product demonstr
Proposed change of use of part 2nd storey staff rest room to ancillary training area for staff training, product testing and product demonstration

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 near 231a Pandan Loop?

Amenities nearby

S'pore Food Ind · 111 mEducational Institution · 318 mPandan Clinic · 762 mBusiness Park · 947 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 231a Pandan Loop

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Clementi, 1.6 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 61% of industrial buildings

no MRT/LRT within 1 km (nearest Clementi, 1.6 km); bus stops within 400 m: 6, about 4,361 taps a weekday; Clementi: 38,836 resident workers (Census 2020, by workplace); about 20,000 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

6 bus stops within 400 m, with 4,361 boardings and alightings on an average weekday.

Public car parks within 500 m

Pandan Loop (URA)266 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. 231a Pandan Loop's own car park, if it has one, and its charges are not in the open data.

Who's registered at 231a Pandan Loop?

Key takeaway8 live companies (and LLPs and branches; sole proprietors are not counted) list 231a Pandan Loop as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
5
Wholesale and retail trade
3
Manufacturing
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 231a Pandan Loop

Where is 231A Pandan Loop?⌄

231A Pandan Loop is at 231A Pandan Loop, Singapore 128419, in the Clementi planning area.

What is 231A Pandan Loop zoned as?⌄

231A 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 231A 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 231A Pandan Loop?⌄

231A 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 231A Pandan Loop sold for?⌄

Across 1 recorded transaction, the median is S$29 psf. The latest was in November 2001.

What does industrial space near 231A 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 231A Pandan Loop itself.

How many businesses are registered at 231A Pandan Loop?⌄

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

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

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 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.

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.