Fm Global Centre

Asset class

Industrial

Land-use zone

BUSINESS PARK

Gross plot ratio

1.2

Tenure

Leasehold

District / Area

District 5 · Queenstown

Address

288 Pasir Panjang Road

Land area

9,678 sqm

Transactions on record

1 (records start 1995)

Live listings

None

ACRA registrations

3

Fm Global Centre is an industrial building in Queenstown (District 05). It is located along Pasir Panjang Road, Singapore 117369.

Under the URA Master Plan the site is zoned Business Park with a gross plot ratio of 1.2. Business Park zoning is for high-technology, R&D and knowledge-based activities rather than general industry.

The site is leasehold, with about 66 years left to run. It sits on about 9,678 sqm of land with roughly 11,613 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$874 psf. The most recent was in November 2019.

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 424 m away. The closest business-park zone is about 0 m away. The nearest MRT is Haw Par Villa MRT, 440 m away (about a 7-minute walk). The closest bus stop (Gloria Mansion) is 35 m away (about a 0-minute walk).

3 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS PARK

Gross plot ratio

1.2

Run the full zoning report for this building →

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.

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.

Straight-line distances. Source: PropKaki amenities data.

Live registrations

3

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.

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.