IndustrialBUSINESS 2FreeholdDistrict 5 · Clementi

Food Concept @ Pandan

Reviewed by Nathan TangUpdated 10 August 2026Data through Jan 2025
Quick Summary

Food Concept @ Pandan is a industrial building in District 5 · Clementi, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 22 transactions are on record since 1995, most recently in Jan 2025. 8 units are currently listed for sale or rent. ACRA records 37 live company registrations at this address.

1

What are the key facts about Food Concept @ Pandan?

Key takeawayFood Concept @ Pandan is a industrial building in District 5 · Clementi, zoned BUSINESS 2, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 5 · Clementi
Address
239 Pandan Loop
Land area
2,815 sqm
Transactions on record
22 (records start 1995)
Live listings
8
ACRA registrations
37
2

About Food Concept @ Pandan

Food Concept @ Pandan is an industrial building in Clementi (District 05). It is located along Pandan Loop, Singapore 128425.

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 freehold. It sits on about 2,815 sqm of land with roughly 7,038 sqm of gross floor area.

22 transactions have been recorded here, at a median of S$1,707 psf. The most recent was in January 2025.

Across JTC's rental returns for Pandan Loop, the median rent for industrial space on this street works out to about S$1.51 psf per month over 106 observations. Observed medians on the street span S$0.90 to S$2.22 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 2.5 km away. The closest business-park zone is about 1.1 km away. The closest bus stop (Blk T Pandan Light Ind Pk) is 104 m away (about a 2-minute walk).

37 businesses are currently registered at this address with ACRA.

3

What is Food Concept @ Pandan zoned as?

Key takeawayFood Concept @ Pandan 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 →

4

What has Food Concept @ Pandan sold for?

Key takeawayAcross 22 recorded transactions since 1995, the median price is about S$3.50M, most recently in Jan 2025.
DateUsePriceAreaPSF
Jan 2025Multiple-user FactoryS$2.80M1,905 sqft$1,470
Nov 2022Multiple-user FactoryS$4.25M2,024 sqft$2,100
Aug 2022Multiple-user FactoryS$3.51M2,002 sqft$1,751
Jan 2022Multiple-user FactoryS$3.62M2,077 sqft$1,742
Oct 2021Multiple-user FactoryS$3.39M2,121 sqft$1,598
May 2021Multiple-user FactoryS$3.38M1,981 sqft$1,707
Aug 2020Multiple-user FactoryS$3.50M2,164 sqft$1,618
Jul 2020Multiple-user FactoryS$3.04M2,110 sqft$1,441
Jul 2020Multiple-user FactoryS$2.50M2,121 sqft$1,178
Jan 2020Multiple-user FactoryS$3.45M2,067 sqft$1,669

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.

5

How does Pandan Loop price?

Key takeawayPandan Loop's current JTC street rent is S$22.99 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 5.5% (4.9% net of property tax).
Strata sales on the street (5y)
115
Street median PSF (strata)
$465
Indicative street yield
5.5% gross
4.9% 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.

6

What is available at Food Concept @ Pandan right now?

Key takeaway8 units are currently listed at Food Concept @ Pandan2 for sale and 6 for rent. One row per unit; several agents often market the same unit.

For sale (2)

  • Food Concept @ PandanS$4.00M · 1,938 sqft
  • Food Concept @ Pandan2 agentsS$3.60M · 1,992 sqft

For rent (6)

  • Food Concept @ PandanS$13k/mo · 4,100 sqft
  • Food Concept @ PandanS$6k/mo · 2,099 sqft
  • Food Concept @ Pandan2 agentsS$8k/mo · 2,077 sqft
  • Food Concept @ PandanS$4k/mo · 240 sqft

Browse every listing at this building →

7

What is near Food Concept @ Pandan?

Amenities nearby

Blk T Pandan Light Ind Pk · 104 mEducational Institution · 218 mMindchamps Medical Clinic · 712 mBlk 502 West Coast Drive · 801 mBusiness Park · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Food Concept @ Pandan?

Key takeawayACRA records 37 live company registrations at this address, 12 of them in the last three years.
Live registrations
37
Registered last 3 years
12

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$16.24 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$16.24 psm/mo
Observed range
S$9.69 – S$23.87

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 Food Concept @ Pandan

Where is Food Concept @ Pandan?

Food Concept @ Pandan is at 239 Pandan Loop, Singapore 128425, in the Clementi planning area.

What is Food Concept @ Pandan zoned as?

Food Concept @ Pandan 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 Food Concept @ Pandan?

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 Food Concept @ Pandan?

Food Concept @ Pandan is freehold.

What have units at Food Concept @ Pandan sold for?

Across 22 recorded transactions, the median is S$1,707 psf. The latest was in January 2025.

What does industrial space near Food Concept @ Pandan rent for?

JTC's rental returns for Pandan Loop put the median at about S$1.51 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Pandan Loop, not a rent quoted for Food Concept @ Pandan itself.

How many businesses are registered at Food Concept @ Pandan?

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

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