IndustrialBUSINESS 1FreeholdDistrict 5 · Queenstown

Citilink Warehouse Complex

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

Citilink Warehouse Complex is a industrial building in District 5 · Queenstown, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 111 transactions are on record since 1995, at a median S$747 psf, most recently in Sept 2026. 4 units are currently listed for sale or rent. ACRA records 138 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, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 5 · Queenstown
Address
102f Pasir Panjang Road
Land area
—
Completed
Not on record
Storeys
8 (© OpenStreetMap contributors)
Strata units (MCST)
180
Strata formed
1998 (MCST 2168)
Units with a recorded sale
At least 71
Listed as
Warehouse, Light Industrial (B1), Office
Transactions on record
111 (records start 1995)
Live listings
4
ACRA registrations
138
2

About Citilink Warehouse Complex

Citilink Warehouse Complex is an industrial building in Queenstown (District 05). It is located along Pasir Panjang Road, Singapore 118530.

Under the URA Master Plan the site is zoned Business 1 with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

The site is freehold.

110 transactions have been recorded here, at a median of S$747 psf. The most recent was in July 2026.

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.

The nearest port or airport land is about 310 m away. The closest business-park zone is about 285 m away. The nearest MRT is Pasir Panjang MRT, 398 m away (about a 6-minute walk). The closest bus stop (Opp Currency Hse) is 194 m away (about a 3-minute walk).

158 businesses are currently registered at this address with ACRA.

3

What is Citilink Warehouse Complex zoned as?

Key takeawayCitilink Warehouse Complex sits on land zoned BUSINESS 1 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 1
Gross plot ratio
2.5

Run the full zoning report for this building →

4

What has Citilink Warehouse Complex sold for?

Key takeawayAcross 111 recorded transactions since 1995, the median price is about S$1.08M, most recently in Sept 2026.
DateUsePriceAreaPSF
Sept 2026WarehouseS$3.04M2,443 sqft$1,243
Jul 2026WarehouseS$1.95M1,711 sqft$1,139
Apr 2026WarehouseS$1.98M1,808 sqft$1,098
Feb 2026WarehouseS$1.38M1,195 sqft$1,155
Jul 2025WarehouseS$2.00M1,884 sqft$1,062
Jul 2025WarehouseS$375k205 sqft$1,834
Apr 2025WarehouseS$2.00M1,884 sqft$1,062
Dec 2024WarehouseS$1.65M1,615 sqft$1,022
Sept 2024WarehouseS$1.64M1,765 sqft$929
Sept 2024WarehouseS$1.75M1,765 sqft$991

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

5

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.

6

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.

7

How fast units move at Citilink Warehouse Complex

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent; 3 units for sale.

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.

Sale: 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.

8

What's been approved at Citilink Warehouse Complex?

Key takeawayURA has approved 5 changes of use at Citilink Warehouse Complex since 2000, most recently in 2007. 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.
  1. 18 Jun 2007ApprovedFloor 6
    Change of use: warehouse → storage with manufacturing of footware

    Proposed change of use of units #06-XX & #06-XX from warehouse to storage with manufacturing of footware

  2. 16 Nov 2006ApprovedFloor 4
    Change of use: warehouse → cutting and binding of books

    Proposed change of use of unit #04-XX from warehouse to cutting and binding of books

  3. 5 Jan 2006ApprovedFloor 7
    Change of use: warehouse → manufacturing of aluminium & fabric lantern

    Proposed change of use of unit #07-XX from warehouse to manufacturing of aluminium & fabric lantern

  4. 19 Nov 2004ApprovedFloor 1
    Change of use: warehouse → canteen

    Proposed change of use of unit #01-XX from warehouse to canteen

  5. 21 Nov 2002ApprovedFloor 6
    Change of use: warehouse → assembly of printed circuit board and inspection, testing and packing of hard di

    Proposed change of use of unit #06-XX from warehouse to assembly of printed circuit board and inspection, testing and packing of hard disk

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).

9

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.

10

What is available at Citilink Warehouse Complex right now?

Key takeaway4 units are currently listed at Citilink Warehouse Complex — 3 for sale and 1 for rent. One row per unit; several agents often market the same unit.

For sale (3)

  • Citilink Warehouse ComplexS$3.10M · 2,443 sqft
  • Ground Floor | 40 Footer | Freehold @ Pasir Panjang MRT2 agentsS$5.10M · 3,000 sqft
  • The Greater Southern WaterfrontS$3.07M · 2,443 sqft

For rent (1)

  • Citilink Warehouse ComplexS$6k/mo · 2,842 sqft

Browse every listing at this building →

11

What is near Citilink Warehouse Complex?

Key takeawayThe nearest MRT/LRT is Pasir Panjang MRT, about 398 m away.

Getting around

Amenities nearby

Opp Currency Hse · 195 mBusiness Park · 285 mPort / Airport · 310 mPasir Panjang MRT Exit A · 323 mPasir Panjang Food Centre · 392 mThe Clinic @ Business City · 479 mAlexandra Hospital · 1.2 kmEducational Institution · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at Citilink Warehouse Complex

Key takeawayThe nearest station is Pasir Panjang (CC26), 323 m away — a quiet station, with about 14,000 taps in and out on an average weekday. 6 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 85% of industrial buildings

nearest MRT/LRT Pasir Panjang (CC26) 323 m, about 14,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 4, about 7,379 taps a weekday; Queenstown: 131,782 resident workers (Census 2020, by workplace); about 6,403 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.

Stations within 1 km

  • Pasir Panjang (CC26)323 m · about 14,000 weekday taps
  • Labrador Park (CC27)944 m · about 20,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Citilink Warehouse Complex. Transfers between lines don't tap, so interchanges read low.

Bus

4 bus stops within 400 m, with 7,379 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Pasir Panjang Road Are A (URA)96 m
    season S$90/month
  • Pasir Panjang Rd Off S T (URA)98 m
    S$0.60 per half-hour at midday on a weekday · 19 car lots
  • Pepys Rd Off St (URA)136 m
    S$0.60 per half-hour at midday on a weekday · 30 car lots
  • Jln Pelepah Off St (URA)246 m
    S$0.60 per half-hour at midday on a weekday · 54 car lots
  • Pasir Panjang Food Cen Tre (Temp) Off St (URA)288 m
    S$0.60 per half-hour at midday on a weekday · 76 car lots

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

13

Who's registered at Citilink Warehouse Complex?

Key takeaway138 live companies (and LLPs and branches; sole proprietors are not counted) list Citilink Warehouse Complex as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    40
  • Transportation and storage
    22
  • Manufacturing
    14
  • Professional, scientific and technical services
    14
  • Construction
    13
  • Real estate
    9
  • Financial and insurance
    8
  • Information and communications
    8
  • Administrative and support services
    5
  • Accommodation and food services
    3

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.

14

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.

15

Frequently asked questions about Citilink Warehouse Complex

Where is Citilink Warehouse Complex?⌄

Citilink Warehouse Complex is at 102F Pasir Panjang Road, Singapore 118530, in the Queenstown planning area.

What is Citilink Warehouse Complex zoned as?⌄

Citilink Warehouse Complex is zoned Business 1 under the URA Master Plan, with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

What kind of business can operate at Citilink Warehouse Complex?⌄

Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of Citilink Warehouse Complex?⌄

Citilink Warehouse Complex is freehold.

What have units at Citilink Warehouse Complex sold for?⌄

Across 110 recorded transactions, the median is S$747 psf. The latest was in July 2026.

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.

What is the nearest MRT station to Citilink Warehouse Complex?⌄

Pasir Panjang MRT is the closest, 398 m away (about a 6-minute walk).

How many businesses are registered at Citilink Warehouse Complex?⌄

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

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