Industrial Directory · Warehouse · District 14
Pan Malayan Warehouse
5 sales from Mar 2022 to Aug 2024, at a median $298 psf (Mar 2022 to Aug 2024). 16 of 60 years left.
District 14 At a glance
- Median psf, all sales
- $298
- Sales since Mar 2022
- 5
- Latest sale, Aug 2024
- $326 psf
- Lease left, 60-year title
- 16 years
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5 sales Every sale
| Date | Type | Level | Sq ft | Price | Psf | Lease left | Sale | Seller bought | Profit | A year |
|---|---|---|---|---|---|---|---|---|---|---|
| 5 Aug 2024 | Warehouse | Whole | 8,342 | $2,720,000 | $326 | 18 | Resale | Jul 2022, $2.45M | $270k | 5.2% |
| 3 Jun 2024 | Warehouse | Whole | 8,256 | $2,600,000 | $315 | 18 | Resale | Mar 2006, $570k | $2.03M | 8.7% |
| 8 Jul 2022 | Warehouse | Whole | 8,342 | $2,450,000 | $294 | 20 | Resale | – | – | – |
| 19 Apr 2022 | Warehouse | Whole | 8,256 | $2,415,000 | $293 | 21 | Resale | – | – | – |
| 24 Mar 2022 | Warehouse | Whole | 8,256 | $2,460,000 | $298 | 21 | Resale | Apr 2008, $900k | $1.56M | 7.5% |
URA Realis caveats via Huttons, to 6 Oct 2026. Sq ft is the strata area. Lease left is in years at the date of sale. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.
Pan Malayan Warehouse Questions
How much does a unit at Pan Malayan Warehouse cost?
5 unit sales at Pan Malayan Warehouse from Mar 2022 to Aug 2024 went for $293 to $326 psf, a median $298 psf. The latest, in Aug 2024, was $2,720,000 for 8,342 sq ft ($326 psf).
How much lease is left at Pan Malayan Warehouse?
Most sales here are on a 60-year lease with about 16 years left as at Oct 2026. Banks lend less, for shorter, as an industrial lease runs down, and the unit is worth less each year, so weigh the rent against the years left. The sales are warehouse units in District 14 (Rest of Central Region). Industrial units carry no Additional Buyer’s Stamp Duty, cannot be bought with CPF and must be used for an approved industrial activity.
Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.
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