IndustrialBUSINESS 2LeaseholdDistrict 27 · Sembawang

38 Senoko Drive

Reviewed by Nathan TangUpdated 8 November 2026Data through Apr 2008

Quick Summary

38 Senoko Drive is a industrial building in District 27 · Sembawang, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 2 transactions are on record since 1995, most recently in Apr 2008. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on 38 Senoko Drive.

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What are the key facts about 38 Senoko Drive?

Key takeaway38 Senoko Drive is a industrial building in District 27 · Sembawang, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 27 · Sembawang
Address: 38 Senoko Drive
Land area: —
Completed: Not on record
Storeys: Not on record
Estate (JTC): Senoko Industrial Estate
Transactions on record: 2 (records start 1995)
Live listings: None
ACRA registrations: 0

About 38 Senoko Drive

38 Senoko Drive is an industrial property in Sembawang (District 27). It is located along Senoko Drive, Singapore 758223.

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.

2 transactions have been recorded here, at a median of S$102 psf. The most recent was in April 2008.

Across JTC's rental returns for Senoko Drive, the median rent for industrial space on this street works out to about S$0.66 psf per month over 11 observations. Observed medians on the street span S$0.17 to S$1.00 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 2.4 km away. The closest bus stop (Aft Senoko Dr) is 104 m away (about a 2-minute walk).

What is 38 Senoko Drive zoned as?

Key takeaway38 Senoko Drive 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 38 Senoko Drive sold for?

Key takeaway2 transactions are on record since 1995, most recently in Apr 2008 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Apr 2008	Single-user Factory	S$1.90M	16,617 sqft	$114
Nov 2004	Single-user Factory	S$1.50M	16,617 sqft	$90

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

Market context around 38 Senoko Drive

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 is near 38 Senoko Drive?

Amenities nearby

Aft Senoko Dr · 104 mEducational Institution · 969 mDrs Koo & Neoh Medical Group · 996 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 38 Senoko Drive

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Sembawang, 2.3 km away. 2 public car parks are within 500 m.

Foot traffic: busier than 50% of industrial buildings

no MRT/LRT within 1 km (nearest Sembawang, 2.3 km); bus stops within 400 m: 10, about 3,983 taps a weekday; Sembawang: 40,152 resident workers (Census 2020, by workplace); about 3,089 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

10 bus stops within 400 m, with 3,983 boardings and alightings on an average weekday.

Public car parks within 500 m

Senoko Rd (URA)275 m
S$0.60 per half-hour at midday on a weekday · 24 car lots
Senoko Drive (URA)285 m
S$0.60 per half-hour at midday on a weekday · 39 car lots

Nearest URA season parking: Senoko Industrial Area, 815 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 38 Senoko Drive's own car park, if it has one, and its charges are not in the open data.

Who's registered at 38 Senoko Drive?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 38 Senoko Drive as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
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$7.05 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$7.05 psm/mo
Observed range: S$1.78 – S$10.80

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 38 Senoko Drive

Where is 38 Senoko Drive?⌄

38 Senoko Drive is at 38 Senoko Drive, Singapore 758223, in the Sembawang planning area.

What is 38 Senoko Drive zoned as?⌄

38 Senoko Drive 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 38 Senoko Drive?⌄

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 38 Senoko Drive?⌄

38 Senoko Drive 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 38 Senoko Drive sold for?⌄

Across 2 recorded transactions, the median is S$102 psf. The latest was in April 2008.

What does industrial space near 38 Senoko Drive rent for?⌄

JTC's rental returns for Senoko Drive put the median at about S$0.66 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Senoko Drive, not a rent quoted for 38 Senoko Drive itself.

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Read the figures right

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

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 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.