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SABANA SHARI’AH COMPLIANT REIT
36
2.2
Existing Stock in the Industrial Market
As at Q4 2010, Singapore has 413.1 million sq ft
(8)
of
private and public industrial space, comprising multiple-
user factory (23%, 93.1 million sq ft), single-user factory
(55%, 228.2 million sq ft), business parks (4%, 15.2
million sq ft) and warehouse (19%, 76.6 million sq ft)
spaces (Figure 1.3).
Figure 1.3
Breakdown of Industrial Stock (2011)
(9)
Source: Urban Redevelopment Authority (URA), DTZ Consulting,
February 2012
About 13% (54.9 million sq ft) of total industrial space is
owned by the public sector, for example by government
statutory boards such as URA, JTC and Housing
Development Board (HDB). However, public industrial
stock has been decreasing due to the divestment
by JTC.
The remaining 87% (358.2 mi l l ion sq ft) of total
industrial space in Singapore is owned by the private
sector. The majority 79% of the total industrial space
comprises factory space and 21% warehouse space.
Private warehouse space also constitutes 99% of total
warehouse space in Singapore. Majority of private
factory (42%) and warehouse space (59%) is located
in the West Region (Table 1.3) (Please see Appendix 1
for map of regions).
Table 1.3
Breakdown of Industrial Space in Singapore by
Ownership and Region
(9)
Region
Private
Factory
Public
Factory
Private
Warehouse
Public
Warehouse
(%)
Million
sq ft
(%)
Million
sq ft
(%)
Million
sq ft
(%)
Million
sq ft
Central
21 58.3 21 11.6 18 13.4 83 0.4
East
13 36.5 15 8.4 13 10.2 15 0.1
North East
8 21.8 9 5.1 5 3.6 0 0.0
North
17 46.7 12 6.3 6 4.2 0 0.0
West
42 118.8 42 23.0 59 44.7 0 0.0
Total
100 282.1 100 54.4 100 76.1 100 0.5
Source: URA, DTZ Consulting, February 2012
■
Private Warehouse
74.4 million sq ft
18%
■
Public Warehouse
0.5 million sq ft
0.1%
■
Private Multiple-user Factory
72.2 million sq ft
18%
■
Public Multiple-user Factory
18.1 million sq ft
4%
■
Private Single-user Factory
187.9 million sq ft
47%
■
Public Single-user Factory
36.7 million sq ft
9%
■
Private Business Park
12.3 million sq ft
3%
■
Public Business Park
2.8 million sq ft
1%
(8) All existing supply are in NLA.
(9) Figures in this report may not add up due to rounding off.
Independent Market Study
by DTZ Debenham Tie Leung (SEA) Pte Ltd
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