IndustrialFreeholdDistrict 5 · Queenstown

Citilink Warehouse Complex

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 1995
Quick Summary

Citilink Warehouse Complex is a industrial building in District 5 · Queenstown. It is freehold. 3 transactions are on record since 1995, most recently in Sept 1995. ACRA records 0 live company registrations at this address.

1

What are the key facts about Citilink Warehouse Complex?

Key takeawayCitilink Warehouse Complex is a industrial building in District 5 · Queenstown, held freehold.
Asset class
Industrial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Freehold
District / Area
District 5 · Queenstown
Address
Pasir Panjang Road
Land area
—
Completed
Not on record
Storeys
Not on record
Strata units (MCST)
180
Strata formed
1998 (MCST 2168)
Units with a recorded sale
At least 3
Listed as
Light Industrial (B1), Other Retail
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
0
2

About Citilink Warehouse Complex

Citilink Warehouse Complex is an industrial building in Queenstown (District 05). It is located along Pasir Panjang Road.

The site is freehold.

3 transactions have been recorded here, at a median of S$808 psf. The most recent was in September 1995.

Across JTC's rental returns for Pasir Panjang Road, the median rent for industrial space on this street works out to about S$2.30 psf per month over 106 observations. Observed medians on the street span S$1.07 to S$3.50 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

3

What has Citilink Warehouse Complex sold for?

Key takeaway3 transactions are on record since 1995, most recently in Sept 1995 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Sept 1995WarehouseS$966k1,195 sqft$808
Sept 1995WarehouseS$780k947 sqft$823
Sept 1995WarehouseS$1.09M1,410 sqft$775

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

4

What does space at Citilink Warehouse Complex rent for?

Key takeawayNo rent is published for Citilink Warehouse Complex itself. On its street, Pasir Panjang Road, strata factory space rented at a median of $3.55 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 Pasir Panjang Road

Street level · 2026Q3
25th pct
—
— psm
Median
$3.55
$38.21 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +1.4% on a year earlier

2023Q4 · $27.98 psm2026Q3 · $38.21 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.

5

Market context around Citilink Warehouse Complex

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.

6

How fast units move at Citilink Warehouse Complex

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 0 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 2 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.

7

How does Pasir Panjang Road price?

Key takeawayPasir Panjang Road's current JTC street rent is S$38.21 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 4.4% (3.9% net of property tax).
Strata sales on the street (5y)
63
Street median PSF (strata)
$1,021
Indicative street yield
4.4% gross
3.9% 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.

8

How many companies are registered at Citilink Warehouse Complex?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

9

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$24.76 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$24.76 psm/mo
Observed range
S$11.50 – S$37.67

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.

10

Frequently asked questions about Citilink Warehouse Complex

Where is Citilink Warehouse Complex?⌄

Citilink Warehouse Complex is at Pasir Panjang Road, in the Queenstown planning area.

What is the tenure of Citilink Warehouse Complex?⌄

Citilink Warehouse Complex is freehold.

What have units at Citilink Warehouse Complex sold for?⌄

Across 3 recorded transactions, the median is S$808 psf. The latest was in September 1995.

What does industrial space near Citilink Warehouse Complex rent for?⌄

JTC's rental returns for Pasir Panjang Road put the median at about S$2.30 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Pasir Panjang Road, not a rent quoted for Citilink Warehouse Complex itself.

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