SINGAPORE INDUSTRIAL PROPERTY MARKET OVERVIEW
F: Forecast
Source: JTC/Colliers International Singapore Research
2004
2008
2006
2010
2012
2005
2009
2007
2011
2013 2014
2018F
2015F 2016F 2017F
25,000
20,000
15,000
10,000
5,000
0
Net Floor Area ('000 sq ft)
10-year Average Annual
Net New Supply of
8.3 million sq ft from
2005 to 2014
Average Annual
Potential New Supply
of 10.9 million sq ft
from 2015 to 2018
Completed
Upcoming
Examples of major upcoming factory developments by user-types are provided in the following table.
Examples of Major* Potential Supply of Factory (including Business Park) Space from 2015 to 2018
(As of 4Q 2014)
Project Name
Location
Developer
Estimated
Net Lettable
Area (sq ft)
Expected
Year of
Completion
(TOP)
Single-User Factory
Single-user Factory
Kaki Bukit Road 4
SEF Group Ltd
314,338
2015
Single-user Factory
Tuas South Avenue 5 Shell Eastern Petroleum
Pte Ltd
365,262
2015
A&A
Jurong Island
Exxonmobil Asia Pacific
Pte Ltd
319,553
2016
Awan Data Centre
1 Tuas Avenue 4
Awan Data Centre
Pte Ltd
333,460 2016
Indicatively, based on the published list of uncompleted projects by JTC as of 4Q 2014 and Colliers International’s
estimates, most (41.2%) of the total factory supply (including business park space) from 2015 to 2018 is expected
to be located in the West planning region, followed by the North (23.4%), Central (21.4%), East (7.6%) and
Northeast (6.3%) planning regions.
NET NEW AND POTENTIAL SUPPLY OF FACTORY (INCLUDING BUSINESS PARK) SPACE
(AS OF 4Q 2014)
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CAMBRIDGE INDUSTRIAL TRUST | ANNUAL REPORT 2014
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