Our Portfolio

Sabana REIT has a portfolio of 18 quality industrial buildings that are located entirely in Singapore. 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, New Tech Park, Singapore 556741

A six-storey industrial building with a ground level carpark.

  • Purchase Consideration (S$ million)
    :
    305.9
  • Latest Valuation (as at 31 December 2020)(S$ million)
    :
    333.4
  • Gross Rental Income for FY 2020 (S$ million)
    :
    17.4
  • Occupancy Rate (%)(as at 31 December 2020)
    :
    77
  • Land Lease Expiry
    :
    2055
    (45 yrs wef 26 Nov 2010)
  • Gross Floor Area (sq ft)
    :
    832,373
8 Commonwealth Lane

8 Commonwealth Lane, Singapore 149555

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

  • Purchase Consideration (S$ million)
    :
    70.3
  • Latest Valuation (as at 31 December 2020)(S$ million)
    :
    53.5
  • Gross Rental Income for FY 2020 (S$ million)
    :
    3.9
  • Occupancy Rate (%)(as at 31 December 2020)
    :
    84
  • Land Lease Expiry
    :
    2059
    (30 + 23 yrs wef 1 Feb 2006)
  • Gross Floor Area (sq ft)
    :
    161,815
15 Jalan Kilang Barat

15 Jalan Kilang Barat, Frontech Centre, Singapore 159357

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

  • Purchase Consideration (S$ million)
    :
    34.5
  • Latest Valuation (as at 31 December 2020)(S$ million)
    :
    21.3
  • Gross Rental Income for FY 2020 (S$ million)
    :
    1.7
  • Occupancy Rate (%)(as at 31 December 2020)
    :
    98
  • Land Lease Expiry
    :
    2060
    (99 yrs wef 1 Jan 1962)
  • Gross Floor Area (sq ft)
    :
    73,928
1 Tuas Avenue 4

1 Tuas Avenue 4, Singapore 639382

A three-storey general industrial building.

  • Purchase Consideration (S$ million)
    :
    28.0
  • Latest Valuation (as at 31 December 2020)(S$ million)
    :
    9.0
  • Gross Rental Income for FY 2019 (S$ million)
    :
    0.0
  • Occupancy Rate (%)(as at 31 December 2020)
    :
    0.0
  • Land Lease Expiry
    :
    2047
    (30 + 21 yrs 4 mths wef 1 Jan 1996)
  • Gross Floor Area (sq ft)
    :
    160,361
23 Serangoon North Avenue 5

23 Serangoon North Avenue 5, BTC Centre, Singapore 554530

A five-storey industrial building with a mezzanine level.

  • Purchase Consideration (S$ million)
    :
    61.0
  • Latest Valuation (as at 31 December 2020)(S$ million)
    :
    36.4
  • Gross Rental Income for FY 2020 (S$ million)
    :
    1.7
  • Occupancy Rate (%)(as at 31 December 2020)
    :
    64.0
  • Land Lease Expiry
    :
    2056
    (30 + 20 yrs 15 days wef 16 Sep 2006)
  • Gross Floor Area (sq ft)
    :
    159,384
508 Chai Chee Lane

508 Chai Chee Lane, Singapore 469032

A seven-storey industrial building with two basements.

  • Purchase Consideration (S$ million)
    :
    67.2
  • Latest Valuation (as at 31 December 2020)(S$ million)
    :
    63.8
  • Gross Rental Income for FY 2020 (S$ million)
    :
    6.9
  • Occupancy Rate (%)(as at 31 December 2020)
    :
    99
  • Land Lease Expiry
    :
    2060
    (30 + 29 yrs wef 16 Apr 2001)
  • Gross Floor Area (sq ft)
    :
    319,718

Chemical Warehouse & 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.

33 & 35 Penjuru Lane

33 & 35 Penjuru Lane, Freight Links Express Logisticpark, Singapore 609200/609202

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.

  • Purchase Consideration (S$ million)
    :
    78.9
  • Latest Valuation (as at 31 December 2020)(S$ million)
    :
    42.7
  • Gross Rental Income for FY 2020 (S$ million)
    :
    3.8
  • Occupancy Rate (%)(as at 31 December 2020)
    :
    100.0
  • Land Lease Expiry
    :
    2049
    (30 + 31 yrs wef 16 Feb 1988)
  • Gross Floor Area (sq ft)
    :
    286,192
18 Gul Drive

18 Gul Drive, Singapore 629468

A part two-/part four-storey warehouse.

  • Purchase Consideration (S$ million)
    :
    34.1
  • Latest Valuation (as at 31 December 2020)(S$ million)
    :
    19.2
  • Gross Rental Income for FY 2020 (S$ million)
    :
    2.3
  • Occupancy Rate (%)(as at 31 December 2020)
    :
    100.0
  • Land Lease Expiry
    :
    2038
    (13 yrs 10 mths 12 days + 20 yrs wef 1 Nov 2004)
  • Gross Floor Area (sq ft)
    :
    132,878

Warehouse & Logistics

Sabana REIT's warehouses & logistics 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.

34 Penjuru Lane

34 Penjuru Lane, Penjuru Logistics Hub, Singapore 609201

A five-storey warehouse with ancillary offices.

  • Purchase Consideration (S$ million)
    :
    60.0
  • Latest Valuation (as at 31 December 2020)(S$ million)
    :
    33.0
  • Gross Rental Income for FY 2020 (S$ million)
    :
    4.2
  • Occupancy Rate (%)(as at 31 December 2020)
    :
    86
  • Land Lease Expiry
    :
    2032
    (30 yrs wef 16 Aug 2002)
  • Gross Floor Area (sq ft)
    :
    414,270
51 Penjuru Road

51 Penjuru Road, Freight Links Express Logisticentre, Singapore 609143

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

  • Purchase Consideration (S$ million)
    :
    42.5
  • Latest Valuation (as at 31 December 2020)(S$ million)
    :
    32.8
  • Gross Rental Income for FY 2020 (S$ million)
    :
    2.7
  • Occupancy Rate (%)(as at 31 December 2020)
    :
    73
  • Land Lease Expiry
    :
    2054
    (30 + 30 yrs wef 1 Jan 1995)
  • Gross Floor Area (sq ft)
    :
    246,376
26 Loyang Drive

26 Loyang Drive, Singapore 508970

A single-storey warehouse building with mezzanine floors.

  • Purchase Consideration (S$ million)
    :
    32.0
  • Latest Valuation (as at 31 December 2020)(S$ million)
    :
    24.7
  • Gross Rental Income for FY 2020 (S$ million)
    :
    2.4
  • Occupancy Rate (%)(as at 31 December 2020)
    :
    100.0
  • Land Lease Expiry
    :
    2053
    (30 + 18 yrs 1 Jan 2006)
  • Gross Floor Area (sq ft)
    :
    149,166
3A Joo Koon Circle

3A Joo Koon Circle, Singapore 629033

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

  • Purchase Consideration (S$ million)
    :
    40.3
  • Latest Valuation (as at 31 December 2020)(S$ million)
    :
    33.8
  • Gross Rental Income for FY 2020 (S$ million)
    :
    1.4
  • Occupancy Rate (%)(as at 31 December 2020)
    :
    56
  • Land Lease Expiry
    :
    2047
    (30 + 30 yrs wef 1 Aug 1987)
  • Gross Floor Area (sq ft)
    :
    217,899
10 Changi South Street 2

10 Changi South Street 2, Singapore 486596

A part single/part six-storey warehouse building with ancillary offices and a five-storey annex.

  • Purchase Consideration (S$ million)
    :
    54.2
  • Latest Valuation (as at 31 December 2020)(S$ million)
    :
    33.7
  • Gross Rental Income for FY 2020 (S$ million)
    :
    1.5
  • Occupancy Rate (%)(as at 31 December 2020)
    :
    64
  • Land Lease Expiry
    :
    2051
    (30 + 27 yrs wef 1 Oct 1994)
  • Gross Floor Area (sq ft)
    :
    238,862

General Industrial

Sabana REIT's general industrial portfolio consists of four 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.

123 Genting Lane

123 Genting Lane, Yenom Industrial Building, Singapore 349574

An eight-storey industrial building with ancillary offices.

  • Purchase Consideration (S$ million)
    :
    24.5
  • Latest Valuation (as at 31 December 2020)(S$ million)
    :
    16.4
  • Gross Rental Income for FY 2020 (S$ million)
    :
    1.7
  • Occupancy Rate (%)(as at 31 December 2020)
    :
    83
  • Land Lease Expiry
    :
    2041
    (60 yrs wef 1 Sept 1981)
  • Gross Floor Area (sq ft)
    :
    158,907
30 & 32 Tuas Avenue 8

30 & 32 Tuas Avenue 8, Singapore 639246/639247

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

  • Purchase Consideration (S$ million)
    :
    24.0
  • Latest Valuation (as at 31 December 2020)(S$ million)
    :
    24.2
  • Gross Rental Income for FY 2020 (S$ million)
    :
    2.1
  • Occupancy Rate (%)(as at 31 December 2020)
    :
    0
  • Land Lease Expiry
    :
    2056
    (30 + 30 yrs wef 1 Sept 1996)
  • Gross Floor Area (sq ft)
    :
    158,846
39 Ubi Road 1

39 Ubi Road 1, Singapore 408695

An eight-storey industrial building with ancillary offices.

  • Purchase Consideration (S$ million)
    :
    32.0
  • Latest Valuation (as at 31 December 2020)(S$ million)
    :
    17.4
  • Gross Rental Income for FY 2020 (S$ million)
    :
    1.4
  • Occupancy Rate (%)(as at 31 December 2020)
    :
    67
  • Land Lease Expiry
    :
    2051
    (30 + 30 yrs wef 1 Jan 1992)
  • Gross Floor Area (sq ft)
    :
    135,513
21 Joo Koon Crescent

21 Joo Koon Crescent, Singapore 629026

A three-storey industrial building with ancillary offices.

  • Purchase Consideration (S$ million)
    :
    20.3
  • Latest Valuation (as at 31 December 2020 million)
    :
    15.0
  • Gross Rental Income for FY 2020 (S$ million)
    :
    0.6
  • Occupancy Rate (%)(as at 31 December 2020)
    :
    100.0
  • Land Lease Expiry
    :
    2054
    (30 + 30 yrs wef 16 Feb 1994)
  • Gross Floor Area (sq ft)
    :
    99,575