Industrial53 buildingsPlanning area

Queenstown Industrial Property

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

PropKaki tracks 53 industrial buildings in Queenstown. Most sit on BUSINESS 1 land, with BUSINESS PARK next. Across 105 recorded transactions in the last 5 years, the median price is about S$1.19M (S$902 psf). 48 units are listed for sale and 217 for rent.

1

Which industrial buildings are in Queenstown?

Key Takeaway

53 buildings are tracked in Queenstown.

Showing 30 of 53 tracked buildings.

All 53 industrial buildings in Queenstown, A–Z
2

What do industrial properties in Queenstown sell for?

Key Takeaway

In the last 12 months, 17 transactions in Queenstown closed at a median of about S$1.38M (S$1,139 psf); over five years the median is S$1.19M across 105 deals.

Transactions (12m)

17

URA/JTC records

Transactions (5y)

105

URA/JTC records

Median price (12m)

S$1.38M

recent deals

Median PSF (12m)

S$1,139 psf

strata & land mix

Use typeTransactionsMedian PSF
Multiple-user Factory60S$357 psf
Warehouse44S$934 psf
Business Park1—
3

What is for sale or rent in Queenstown?

Key Takeaway

48 units are listed for sale and 217 for rent in Queenstown, one row per unit.

For sale

48

deduplicated units

For rent

217

deduplicated units

Browse rentals in Queenstown → · Browse sales →

4

What are the most recent industrial deals in Queenstown?

Key Takeaway

The latest recorded deal in Queenstown closed in Oct 2026 at S$2.88M (Citilink Warehouse Complex).

DatePropertyUsePricePSF
Oct 2026Citilink Warehouse ComplexWarehouseS$2.88M$1,178
Sept 2026Citilink Warehouse ComplexWarehouseS$3.04M$1,243
Aug 2026One CommonwealthMultiple-user FactoryS$450k$284
Jul 2026100 Pasir PanjangMultiple-user FactoryS$1.65M$1,446
Jul 2026Citilink Warehouse ComplexWarehouseS$1.95M$1,139
Jun 2026MeissaMultiple-user FactoryS$1.27M$1,316
Jun 2026100 Pasir PanjangMultiple-user FactoryS$2.00M$1,387
Apr 2026Citilink Warehouse ComplexWarehouseS$1.98M$1,098

The latest recorded URA/JTC deals in Queenstown. Strata and land deals mix in one list — their PSF is not comparable.

5

What industrial space is coming up in Queenstown?

Key Takeaway

JTC's pipeline holds 1 project in Queenstown, the earliest expected to TOP in 2029— a forecast, not committed completions.

ProjectUncompleted GFAExpected TOP
Additions/alterations to existing factoryAyer Rajah Crescent2,070 sqm2029

JTC forward supply, 2026Q3 — uncompleted GFA by project. This is INDUSTRIAL only; there is no commercial equivalent at project grain.

FORECAST, not committed supply. JTC's own notes: the GFA is adjusted if the development application is amended or the planning approval lapses, and the expected TOP year is from developers, media, or estimated from project attributes. Never state that this space WILL complete in a given year — say it is in the pipeline for it. A NULL TOP year means the developer refused release, not that the year is unknown to JTC. Project names here are mostly generic descriptors ('Single-user factory'), not building names.

6

What is industrial land in Queenstown zoned as?

Key Takeaway

Most tracked buildings in Queenstown sit on BUSINESS 1 land, followed by BUSINESS PARK (URA Master Plan).

BUSINESS 1 · 24BUSINESS PARK · 16BUSINESS PARK - WHITE · 2RESIDENTIAL · 2EDUCATIONAL INSTITUTION · 1BUSINESS 2 · 1WHITE · 1
7

Frequently asked questions

Which industrial buildings are in Queenstown?⌄

PropKaki tracks 53 industrial buildings in Queenstown, including One Commonwealth, Citilink Warehouse Complex, Meissa, Citilink Warehouse Complex, 100 Pasir Panjang.

What do industrial properties in Queenstown sell for?⌄

Across 105 recorded transactions in the last 5 years, the median price is about S$1.19M (S$902 psf). Strata and land deals are not directly comparable, so treat the median as context rather than a valuation.

What is industrial land in Queenstown zoned as?⌄

Of the tracked buildings in Queenstown, 24 sit on BUSINESS 1 land, 16 sit on BUSINESS PARK land, 2 sit on BUSINESS PARK - WHITE land, 2 sit on RESIDENTIAL land under the URA Master Plan.

Are there industrial units for sale or rent in Queenstown?⌄

Yes — 48 units for sale and 217 units for rent are currently listed in Queenstown across the commercial portals, deduplicated to one row per unit.

For agents · in the PropKaki app

Found the unit? Now check the asking price against the evidence.

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Is $6.50 psf a fair monthly rent for a B1 factory unit in Ubi?

Ubi B1 asking rents cluster around the low-$2s psf for standard units — $6.50 would be at the very top of the range, so check what the unit offers.

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