Which industrial properties have a remaining lease?

Most industrial properties in Singapore are on 20 to 30-year leasehold land, typically issued by JTC, the main government agency for industrial sites. The majority of industrial properties today have remaining leases ranging from just a few years up to 20 to 30 years, depending on when they were built and their original lease tenure. Some older developments have shorter remaining leases, while newly completed properties can have nearly the full original lease term left.

Freehold industrial properties are rare, but notable ones such as CT Pemimpin (Business 1 zone), which launched recently and sold out quickly, are exceptions. These freehold sites are prized due to their perpetual ownership and because they are not subject to Additional Buyer’s Stamp Duty.

Most industrial transactions, however, are for leasehold units, and multiple-user factory space accounts for the majority of deals, with buyers and tenants often seeking properties with longer remaining lease tenures for greater security and flexibility.

As leases run down, property values can be affected, and owners must monitor the remaining tenure closely, especially when the lease approaches 30 years or less, as this can impact refinancing and sale prospects. Each property listing on EdgeProp Singapore provides detailed information on the remaining lease term for specific industrial properties, allowing investors and occupiers to make informed decisions.