48 Pandan Road
48 Pandan Road is a industrial building in District 22 · Jurong East, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 17 years remaining. 1 transaction is on record since 1995, most recently in Aug 2019. 2 units are currently listed for rent. ACRA records 36 live company registrations at this address.
What are the key facts about 48 Pandan Road?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 22 · Jurong East
- Address
- 48 Pandan Road
- Land area
- —
- Completed
- 2016 (JTC industrial completions)
- Storeys
- 6 (© OpenStreetMap contributors)
- Developer
- Poh Tiong Choon Logistics Limited (JTC industrial completions)
- Owner
- ESR REIT (SGX filings)
- Estate (JTC)
- Jurong Industrial Estate
- Listed as
- Warehouse
- Transactions on record
- 1 (records start 1995)
- Live listings
- 2
- ACRA registrations
- 36
Who owns 48 Pandan Road, and what is it valued at?
- Announced 17 Jun 2019PTC Logistics Hub LLP bought Poh Tiong Choon Logistics Hub for S$225 million (purchase consideration) from Poh Tiong Choon Logistics Limited.
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.
What are the specs at 48 Pandan Road?
- Ramp-up
- Yes
- Source: listings in this building
- Specs from listings are what at least two listings in this building advertise — not verified.
About 48 Pandan Road
48 Pandan Road is an industrial property in Jurong East (District 22). It is located along Pandan Road, Singapore 609289.
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 17 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$514 psf. The most recent was in August 2019.
Across JTC's rental returns for Pandan Road, the median rent for industrial space on this street works out to about S$1.32 psf per month over 15 observations. Observed medians on the street span S$0.25 to S$2.05 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.
1 industrial project is still uncompleted on this street, adding about 8,640 sqm of gross floor area, the earliest due around 2027.
The nearest port or airport land is about 1.7 km away. The closest business-park zone is about 2.6 km away. The closest bus stop (Transerve) is 174 m away (about a 3-minute walk).
38 businesses are currently registered at this address with ACRA.
What is 48 Pandan Road zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
What has 48 Pandan Road sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Aug 2019 | Warehouse | S$225.00M | 437,373 sqft | $514 |
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 48 Pandan Road
- 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
- 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
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 48 Pandan Road
Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 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 48 Pandan Road?
- 6 Apr 2026RenewedChange of use
Continued use of temporary ancillary industrial canteen on the 1st storey of a block of 6-storey single user ramp-up warehouse building with ancillary office, rooftop parking and other ancillary facilities
- 12 Feb 2025RenewedFloor 1Continued use as ancillary workers' dormitory
Continued use of ancillary office as ancillary workers' dormitory (47 workers) at unit #01-XX to existing single user warehouse development
- 14 May 2021RenewedChange of use
Continued use of temporary ancillary industrial canteen on the 1st storey of a block of 6-storey single user ramp-up warehouse building with ancillary office, rooftop parking and other ancillary facilities
- 15 Jan 2020RenewedFloor 1Continued use as ancillary workers' dormitory
Continued use of ancillary office as ancillary workers' dormitory (47 workers) at unit #01-XX to existing single user warehouse development
- 5 Jul 2018RenewedChange of use
Continued use of temporary ancillary industrial canteen on the 1st storey of a block of 6-storey single user ramp-up warehouse building with ancillary office, rooftop parking and other ancillary facilities
- 10 Jan 2017ApprovedFloor 1Change of use: ancillary office → ancillary workers' dormitory use
Proposed change of use from ancillary office to ancillary workers' dormitory use (47 workers) at unit #01-XX to existing single user warehouse development
- 4 Jan 2001ApprovedAdditions & alterations
Proposed 2 storey ancillary office extension to existing warehouse complex
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).
What is available at 48 Pandan Road right now?
For rent (2)
- Ramp up warehouse with good ventilationS$68k/mo · 40,000 sqft
- Ramp Up Warehouse in PenjuruS$119k/mo · 66,380 sqft
What is near 48 Pandan Road?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 48 Pandan Road
no MRT/LRT within 1 km (nearest Clementi, 2.5 km); bus stops within 400 m: 5, about 1,028 taps a weekday; Jurong East: 62,478 resident workers (Census 2020, by workplace); about 2,607 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
5 bus stops within 400 m, with 1,028 boardings and alightings on an average weekday.
Public car parks within 500 m
- Pandan Road Area (URA)196 mseason S$90/month
- Pandan Ave (URA)353 mS$0.60 per half-hour at midday on a weekday · 13 car lots
- Pandan Rd (URA)397 mS$0.60 per half-hour at midday on a weekday · 91 car lots
Public car parks only, by straight-line distance, with the operator's published rates. 48 Pandan Road's own car park, if it has one, and its charges are not in the open data.
Who's registered at 48 Pandan Road?
- Financial and insurance12
- Wholesale and retail trade10
- Transportation and storage7
- Real estate3
- Professional, scientific and technical services2
- Administrative and support services1
- Other services1
- Information and communications0
- Construction0
- Accommodation and food services0
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?
- Street rent, median
- S$14.26 psm/mo
- Observed range
- S$2.68 – S$22.03
- Pipeline on this street
- 1 project · earliest TOP 2027
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 48 Pandan Road
Where is 48 Pandan Road?⌄
48 Pandan Road is at 48 Pandan Road, Singapore 609289, in the Jurong East planning area.
What is 48 Pandan Road zoned as?⌄
48 Pandan Road 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 48 Pandan Road?⌄
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 48 Pandan Road?⌄
48 Pandan Road is leasehold. About 17 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at 48 Pandan Road sold for?⌄
Across 1 recorded transaction, the median is S$514 psf. The latest was in August 2019.
What does industrial space near 48 Pandan Road rent for?⌄
JTC's rental returns for Pandan Road put the median at about S$1.32 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Pandan Road, not a rent quoted for 48 Pandan Road itself.
How many businesses are registered at 48 Pandan Road?⌄
38 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on 48 Pandan Road.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
