Our Portfolio

Sabana REIT has a portfolio of 21 quality industrial buildings that are located entirely in Singapore. Most of the properties are strategically located in close proximity to the principal industrial zones such as Loyang (close to Changi Airport), Penjuru (situated near to Singapore's shipping ports) and Tai Seng (a high-tech space hub situated close to two expressways and a Mass Rapid Transit station). The properties are supported by excellent infrastructure and arterial road networks that enhance their attractiveness to existing and potential tenants and their customers. The portfolio is divided into four main categories, namely high-tech industrial, chemical warehouse & logistics, warehouse & logistics, and general industrial.

High-tech Industrial

Sabana REIT's high-tech industrial buildings are medium rise developments which are conveniently located along the fringes of central locations, or areas that are easily accessible to other parts of Singapore via major expressways and public transport. The buildings have excellent building specifications, including high floor to ceiling height, high floor loading and wide column span. These features provide greater flexibility in terms of space configuration. As a result, these properties are amenable to a wide range of uses and hence appeal to a wider pool of tenants.

151 Lorong Chuan

151 Lorong Chuan

A six-storey high-tech industrial building with ground level carpark.

Has an expansive roof which can accommodate large infrastructure such as satellite dishes.

Located opposite Lorong Chuan MRT station along the Circle Line, well served by major expressways such as the Central Expressway.

  • Purchase Consideration (S$ million)
    :
    305.9
  • Occupancy Rate (as at 31 December 2016)
    :
    87.5
  • Valuation (as at 31 December 2016)(S$ million)
    :
    316.0
  • Land Lease Expiry
    :
    2055
    (45 yrs with effect from 26 November 2010)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    23.0
  • Gross Floor Area (sq ft)
    :
    810,710
8 Commonwealth Lane

8 Commonwealth Lane

A four-storey industrial building with a six-storey annex.

Easily accessible via the Ayer Rajah Expressway and is within walking distance from Commonwealth MRT station.

  • Purchase Consideration (S$ million)
    :
    70.3
  • Occupancy Rate (as at 31 December 2016)
    :
    80.6
  • Valuation (as at 31 December 2016)(S$ million)
    :
    57.0
  • Land Lease Expiry
    :
    2059
    (30 + 23 yrs with effect from 1 February 2006)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    4.6
  • Gross Floor Area (sq ft)
    :
    161,815
9 Tai Seng Drive

9 Tai Seng Drive

A six-storey industrial building with a basement level car park.

The building accommodates tenants from a wide industrial spectrum, from warehousing and production, with ancillary office units to data centre operations.

Situated within a three minute drive from Tai Seng MRT station along the Circle Line.

  • Purchase Consideration (S$ million)
    :
    46.3
  • Occupancy Rate (as at 31 December 2016)
    :
    100.0
  • Valuation (as at 31 December 2016)(S$ million)
    :
    41.0
  • Land Lease Expiry
    :
    2055
    (30 + 30 yrs with effect from 1 June 1995)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    3.1
  • Gross Floor Area (sq ft)
    :
    218,905
15 Jalan Kilang Barat

15 Jalan Kilang Barat

An eight-storey industrial building with a multi-storey carpark at Levels Two and Three.

Multi-storey car park facility at the second and third storeys.

Conveniently accessible by the Ayer Rajah Expressway and Redhill MRT station.

  • Purchase Consideration (S$ million)
    :
    34.5
  • Occupancy Rate (as at 31 December 2016)
    :
    91.8
  • Valuation (as at 31 December 2016)(S$ million)
    :
    23.0
  • Land Lease Expiry
    :
    2060
    (99 yrs with effect from 1 January 1962)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    1.8
  • Gross Floor Area (sq ft)
    :
    73,928
1 Tuas Avenue 4

1 Tuas Avenue 4

Proposed part three-/part six-storey industrial building currently under additions and alterations works.

Close proximity to the PSA Terminals, Jurong Port and Jurong Island.

Well-served by major transport networks including the Ayer Rajah Expressway, Pan-Island Expressway and Boon Lay MRT station.

  • Purchase Consideration (S$ million)
    :
    28.0
  • Occupancy Rate (as at 31 December 2016)
    :
    100.0
  • Valuation (as at 31 December 2016)(S$ million)
    :
    32.4
  • Land Lease Expiry
    :
    2047
    (30 + 21 yrs 4 mths with effect from 1 January 1996)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    2.7
  • Gross Floor Area (sq ft)
    :
    160,361
23 Serangoon North Avenue 5

23 Serangoon North Avenue 5

A five-storey industrial building with a mezzanine level.

Located within the Serangoon North Industrial Estate, approximately 12 kilometres from the city centre. Close proximity to the Central Expressway.

  • Purchase Consideration (S$ million)
    :
    61.0
  • Occupancy Rate (as at 31 December 2016)
    :
    31.0
  • Valuation (as at 31 December 2016)(S$ million)
    :
    41.0
  • Land Lease Expiry
    :
    2056
    (30 + 20 yrs 15 days with effect from 16 September 2006)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    1.9
  • Gross Floor Area (sq ft)
    :
    159,384
508 Chai Chee Lane

508 Chai Chee Lane

A seven-storey industrial building with two basements.

Strategically located next to the Pan Island Expressway and is about five minutes' drive from Bedok and Kembangan MRT Stations on the East-West Line.

  • Purchase Consideration (S$ million)
    :
    67.2 1
  • Occupancy Rate (as at 31 December 2016)
    :
    71.8
  • Valuation (as at 31 December 2016)(S$ million)
    :
    56.8
  • Land Lease Expiry
    :
    2060
    (30 + 29 yrs with effect from 16 April 2001)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    5.4
  • Gross Floor Area (sq ft)
    :
    319,718

    1 Includes land premium of approximately S$7.5 million paid to JTC.

Chemical Warehouse and Logistics

Sabana REIT's chemical warehouse & logistics buildings are in close proximity to Jurong Island, the centrepiece of Singapore's chemicals industry. They also enjoy easy access to major transportation networks, the Malaysia-Singapore Second Link (to Johor, Malaysia), and major sea ports.

The specialised warehouses in Sabana REIT's portfolio are built to strict legal specifications to accommodate highly regulated chemicals and goods, giving them an edge in attracting tenants requiring such industrial space. Currently, the buildings in this category are occupied by anchor tenants with long term leases with rent escalation built into them.

33 & 35 Penjuru Lane

33 & 35 Penjuru Lane

Comprising three buildings, including a single-storey warehouse with mezzanine floor, a four-storey warehouse and a part single-storey/part three-storey warehouse with a basement.

Well-served by major arterial roads such as the nearby Ayer Rajah Expressway, Pan-Island Expressway, West Coast Highway, and Jurong East MRT station.

  • Purchase Consideration (S$ million)
    :
    78.9
  • Occupancy Rate (as at 31 December 2016)
    :
    100.0
  • Valuation (as at 31 December 2016)(S$ million)
    :
    60.0
  • Land Lease Expiry
    :
    2049
    (30 + 31 yrs with effect from 16 February 1988)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    4.7
  • Gross Floor Area (sq ft)
    :
    286,192
18 Gul Drive

18 Gul Drive

A part two-/part four-storey warehouse.

Well-served by major arterial roads and transport networks including the Ayer Rajah Expressway and Boon Lay MRT station.

  • Purchase Consideration (S$ million)
    :
    34.1
  • Occupancy Rate (as at 31 December 2016)
    :
    100.0
  • Valuation (as at 31 December 2016)(S$ million)
    :
    24.5
  • Land Lease Expiry
    :
    2038
    (13 yrs 10 months 12 days + 20 yrs with effect from 1 November 2004)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    2.2
  • Gross Floor Area (sq ft)
    :
    132,878

Warehouse and Logistics

Sabana REIT's general warehouses comprise of space equipped with loading and docking facilities, and are intended for the storage and distribution of goods and merchandise. Their close proximity to Singapore's ports and major expressways such as the Pan Island Expressway will provide sustained support for warehousing and logistics facilities. The buildings are occupied by anchor tenants with long term leases with built-in rent escalation.

34 Penjuru Lane

34 Penjuru Lane

A five-storey warehouse with ancillary offices.

Close proximity to the PSA Terminals, Jurong Port, Jurong Island. Near Ayer Rajah Expressway, Pan-Island Expressway, West Coast Highway, and Jurong East MRT station.

  • Purchase Consideration (S$ million)
    :
    60.0
  • Occupancy Rate (as at 31 December 2016)
    :
    83.6
  • Valuation (as at 31 December 2016)(S$ million)
    :
    40.7
  • Land Lease Expiry
    :
    2032
    (30 yrs with effect from 16 August 2002)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    4.8
  • Gross Floor Area (sq ft)
    :
    414,270
51 Penjuru Road

51 Penjuru Road

A part single/part three-/part four-storey warehouse building with mezzanine floor.

Warehouse block accommodates an automated storage and retrieval system warehouse with a height of 33 metres.

Close proximity to the PSA Terminals, Jurong Port, Jurong Island.

Well served by major arterial roads, transport networks such as the Ayer Rajah Expressway and Jurong East MRT station.

  • Purchase Consideration (S$ million)
    :
    42.5
  • Occupancy Rate (as at 31 December 2016)
    :
    100.0
  • Valuation (as at 31 December 2016)(S$ million)
    :
    46.8
  • Land Lease Expiry
    :
    2054
    (30 + 30 yrs with effect from 1 January 1995)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    3.2
  • Gross Floor Area (sq ft)
    :
    246,376
26 Loyang Drive

26 Loyang Drive

A single-storey warehouse building with mezzanine floors.

Accommodates warehouse and production areas, workshops, and offices.

Near Tampines Expressway, East Coast Parkway, Pan-Island Expressway and Loyang Avenue.

  • Purchase Consideration (S$ million)
    :
    32.0
  • Occupancy Rate (as at 31 December 2016)
    :
    100.0
  • Valuation (as at 31 December 2016)(S$ million)
    :
    24.7
  • Land Lease Expiry
    :
    2053
    (30 + 18 yrs with effect from 1 January 2006)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    2.3
  • Gross Floor Area (sq ft)
    :
    149,166
218 Pandan Loop

218 Pandan Loop

A single-storey cold room warehouse with mezzanine floor and a two-storey office building.

Well-served by major arterial roads and transport networks such as the nearby Ayer Rajah Expressway and Pan-Island Expressway and West Coast Highways and Jurong East and Clementi MRT station.

  • Purchase Consideration (S$ million)
    :
    13.5
  • Occupancy Rate (as at 31 December 2016)
    :
    0.0 1
  • Valuation (as at 31 December 2016)(S$ million)
    :
    13.0
  • Land Lease Expiry
    :
    2049
    (30 + 30 yrs with effect from 16 September 1989)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    0.0 1
  • Gross Floor Area (sq ft)
    :
    50,374

    1 Currently vacant, divestment (announced on 5 December 2016) pending JTC approval.
3A Joo Koon Circle

3A Joo Koon Circle

A two-storey warehouse building with mezzanine floor and a part three-/part four-storey factory building.

Easily accessible to the Ayer Rajah Expressway and Pan-Island Expressway and the Joo Koon MRT station.

  • Purchase Consideration (S$ million)
    :
    40.3
  • Occupancy Rate (as at 31 December 2016)
    :
    100.0
  • Valuation (as at 31 December 2016)(S$ million)
    :
    39.0
  • Land Lease Expiry
    :
    2047
    (30 + 30 yrs with effect from 1 August 1987)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    3.0
  • Gross Floor Area (sq ft)
    :
    217,899
10 Changi South Street 2

10 Changi South Street 2

A part single-storey/part six-storey warehouse building with ancillary offices, located within the Changi South Industrial Estate, next to Changi Business Park, some 13.5 km from the city centre.

  • Purchase Consideration (S$ million)
    :
    54.2 1
  • Occupancy Rate (as at 31 December 2016)
    :
    100.0
  • Valuation (as at 31 December 2016)(S$ million)
    :
    52.1
  • Land Lease Expiry
    :
    2051
    (30 + 27 yrs with effect from 1 October 1994)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    4.1
  • Gross Floor Area (sq ft)
    :
    189,609

    1 Includes land premium of approximately S$3.8 million paid to JTC.

General Industrial

Sabana REIT's general industrial portfolio consists of five industrial buildings with ancillary offices, warehouses and manufacturing facilities that are equipped with a broad range of functions that position them to attract a wide pool of potential tenants. The buildings are occupied by anchor tenants committed to long term leases with Sabana REIT with rent escalation built into them.

123 Genting Lane

123 Genting Lane

An eight-storey industrial building with ancillary offices.

Well-served by expressways and major roads such as the Pan-Island Expressway, Kallang Paya Lebar Expressway and Aljunied Road.

  • Purchase Consideration (S$ million)
    :
    24.5
  • Occupancy Rate (as at 31 December 2016)
    :
    78.7
  • Valuation (as at 31 December 2016)(S$ million)
    :
    18.2
  • Land Lease Expiry
    :
    2041
    (60 yrs with effect from 1 September 1981)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    2.0
  • Gross Floor Area (sq ft)
    :
    158,907
30 & 32 Tuas Avenue 8

30 & 32 Tuas Avenue 8

Comprises two original "E8" JTC standard factories with an adjoining four-storey purpose-built factory with ancillary offices.

Well-served by major arterial roads and transport networks such as the nearby Ayer Rajah Expressway and Pan-Island Expressway, West Coast Highways and Boon Lay and Joo Koon MRT stations.

  • Purchase Consideration (S$ million)
    :
    24.0
  • Occupancy Rate (as at 31 December 2016)
    :
    100.0
  • Valuation (as at 31 December 2016)(S$ million)
    :
    29.0
  • Land Lease Expiry
    :
    2056
    (30 + 30 yrs with effect from 1 September 1996)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    2.5
  • Gross Floor Area (sq ft)
    :
    158,846
39 Ubi Road 1

39 Ubi Road 1

An eight-storey industrial building with ancillary offices.

Well-served by major arterial roads and transport networks such as the nearby Pan Island Expressway and Paya Lebar Expressway and the Macpherson MRT station on the latest SMRT Circle Line.

  • Purchase Consideration (S$ million)
    :
    32.0
  • Occupancy Rate (as at 31 December 2016)
    :
    63.1
  • Valuation (as at 31 December 2016)(S$ million)
    :
    23.0
  • Land Lease Expiry
    :
    2051
    (30 + 30 yrs with effect from 1 January 1992)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    2.3
  • Gross Floor Area (sq ft)
    :
    135,513
21 Joo Koon Crescent

21 Joo Koon Crescent

A three-storey industrial building with ancillary offices.

Easily accessible to the Ayer Rajah Expressway and Pan-Island Expressway and the Joo Koon MRT station.

  • Purchase Consideration (S$ million)
    :
    20.3
  • Occupancy Rate (as at 31 December 2016)
    :
    100.0
  • Valuation (as at 31 December 2016)(S$ million)
    :
    19.0
  • Land Lease Expiry
    :
    2054
    (30 + 30 yrs with effect from 16 February 1994)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    1.4
  • Gross Floor Area (sq ft)
    :
    99,575
6 Woodlands Loop

6 Woodlands Loop

Comprises a three-storey general industrial building with a currently under-utilized plot ratio that allows an opportunity future expansion.

Strategically located along Woodlands Loop and easily accessible by the Bukit Timah Expressway. Close proximity to Admiralty and Sembawang MRT stations.

  • Purchase Consideration (S$ million)
    :
    14.8
  • Occupancy Rate (as at 31 December 2016)
    :
    100.0
  • Valuation (as at 31 December 2016)(S$ million)
    :
    14.1
  • Land Lease Expiry
    :
    2054
    (30 + 30 yrs with effect from 16 September 1994)
  • Gross Rental Income for FY 2016
    (S$ million)(as at 31 December 2016)
    :
    1.3
  • Gross Floor Area (sq ft)
    :
    77,544