Where can I find an underpriced 60-year lease industrial property in Singapore

To identify an underpriced 60-year leasehold industrial property in Singapore, you should focus on older, well-maintained assets outside the most sought-after locations, as these tend to be overlooked and may present better value relative to their remaining lease. Industrial rents have seen steady growth through 2025, but sentiment for older industrial stock has softened, partly because demand has shifted toward newer and amenity-rich assets, creating leasing challenges and price stagnation for older properties.

For actionable steps:
- Use EdgeProp Singapore’s industrial listings and research tools to filter for 60-year leasehold properties, then compare transacted prices, rental yields, and trends for estates like Defu Lane, Ubi, or Kaki Bukit, which often have 60-year leases and may demonstrate better value relative to more central or hybrid business park locations.
- Check recent transaction data and use EdgeProp’s Fair Value tool to benchmark asking prices against statistical averages for similar properties.
- Look for units with stable rental income or low vacancy in established industrial estates, as some sellers may price below market value due to muted sentiment or approaching lease decay.

It is advisable to focus on clusters or strata-titled developments with multiple recent transactions, as this provides clearer evidence of pricing trends and potential undervaluation. Always conduct thorough due diligence on the asset’s remaining lease, maintenance costs, and nearby infrastructure developments to ensure long-term investment viability.