IndustrialFreeholdDistrict 5 · Queenstown

O'connor House

Reviewed by Nathan TangUpdated 8 November 2026Data through Jan 2007
Quick Summary

O'connor House is a industrial building in District 5 · Queenstown. It is freehold. 1 transaction is on record since 1995, most recently in Jan 2007. ACRA records 0 live company registrations at this address.

1

What are the key facts about O'connor House?

Key takeawayO'connor House 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
98 Pasir Panjang Road
Land area
—
Completed
2014 (JTC industrial completions)
Storeys
Not on record
Developer
CEL Pasir Panjang Pte Ltd (JTC industrial completions)
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About O'connor House

O'Connor House is an industrial building in Queenstown (District 05). It is located along Pasir Panjang Road, Singapore 118516.

The site is freehold.

1 transaction has been recorded here, at a median of S$483 psf. The most recent was in January 2007.

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 O'connor House sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jan 2007 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jan 2007Single-user FactoryS$13.20M27,357 sqft$483

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 O'connor House rent for?

Key takeawayNo rent is published for O'connor House 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 O'connor House

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 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.

7

Who's registered at O'connor House?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list O'connor House as their registered address. These are registered businesses, not who occupies the space.
  • Financial and insurance
    0
  • Administrative and support services
    0
  • Other services
    0

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.

8

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.

9

Frequently asked questions about O'connor House

Where is O'Connor House?⌄

O'Connor House is at 98 Pasir Panjang Road, Singapore 118516, in the Queenstown planning area.

What is the tenure of O'Connor House?⌄

O'Connor House is freehold.

What have units at O'Connor House sold for?⌄

Across 1 recorded transaction, the median is S$483 psf. The latest was in January 2007.

What does industrial space near O'Connor House 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 O'Connor House itself.

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