Earlier this year, several industrial assets in Tagore Lane caught the market’s attention with competitive pricing and strong buyer activity. Now, investors and business owners have another opportunity: a freehold terraced factory at 108 Tagore Lane is heading to auction on September 24, with a starting price of S$8.5 million.
What makes this listing notable is its rare freehold tenure within a well-established B1 industrial zone. For companies seeking long-term operational stability or investors who value industrial properties that hold scarcity value, this factory checks many of the boxes.
Property details
| Property type | 3-storey terraced factory |
| Address | 108 Tagore Lane, Sindo Industrial Estate, District 26 |
| Tenure | Freehold |
| Guide price | From S$8.5 million |
| Land area | Approx. 4,360 sqft |
| Built-up area | Approx. 7,911 sqft |
| Price psf (Land) | ~S$1,950 psf |
| Vacancy status | Owner’s sale, vacant |
| Auction date | 24 September 2025 (ETC property auction) |
What makes this property attractive
Unlike many newer industrial properties, which come with leasehold tenures, this unit offers freehold ownership, a rarity in Singapore’s industrial market. That alone positions it as a long-term asset that won’t suffer from lease decay, which is a common concern for leasehold industrial buildings.
The three-storey design adds flexibility. The ground level can be used for operational needs such as light manufacturing or equipment assembly, while the second level lends itself naturally to office functions. The third floor, with its open layout, works well as a warehouse or storage space, giving the property a versatile profile.
Practical features also boost its appeal. A side staircase makes access to upper levels convenient, and each floor comes with its own toilets, allowing different teams to operate independently. The parking space, which fits three to four cars, is a plus for businesses that frequently receive clients or suppliers.
This versatility means the unit can cater to a range of SMEs, from construction-related businesses and distributors to precision engineering firms that require both production and administrative space under one roof.
Location highlights
The factory sits within the Sindo Industrial Estate, a long-established B1 industrial cluster that has seen consistent demand over the years. Unlike newer industrial areas that may be farther out, Tagore offers a balance of accessibility and established infrastructure.
Connectivity is another strong point. The estate is just a few minutes’ drive from the Seletar Expressway (SLE), which links quickly to major expressways like the CTE and TPE. This makes logistics smoother for businesses moving goods across the island.
From a lifestyle perspective, being near Ang Mo Kio (AMK) Hub and Thomson Plaza means the area is not purely industrial — workers have access to food, retail, and services within a short drive. This blend of industrial and lifestyle amenities helps companies attract and retain staff, which is increasingly important as businesses compete for talent.
Usage possibilities
One of the biggest advantages of this Tagore Lane factory is its adaptability. Different types of businesses can occupy and configure the space to suit their operational needs.
- Light industrial and assembly work: The ground floor offers ample room for activities such as equipment assembly, product testing, or small-scale fabrication.
- Office and administrative use: The second floor provides a quieter environment suited for management, customer service, or sales teams. Having an in-house office allows businesses to centralise operations.
- Warehousing and logistics: The third level can function as storage space for goods, spare parts, or finished products, reducing the need for separate warehouse rental.
- Specialist trades: Precision engineering firms, construction-related businesses, or distributors of industrial products would find the layout especially practical.
- Hybrid use: Companies that require both client-facing spaces and production areas, such as firms in the interior design, renovation, or specialist equipment industries, can benefit from the building’s multi-level configuration.
This flexibility allows future owners to repurpose the property quickly in line with market shifts or business growth, making it an asset that can evolve with time.
Recent transactions in the neighbourhood
The surrounding Tagore area has seen a healthy flow of transactions in 2025, a signal that demand for freehold industrial space remains resilient. In July, a 4,585 sqft strata unit at 9@Tagore sold for S$2.35 million (S$512 psf), showing ongoing investor appetite even for smaller strata-titled assets.
That same month, a single-user factory along Tagore Industrial Avenue changed hands for S$9.8 million (S$1,833 psf) on its land area, a price point not far off from the current auction guide.
Back in March, a much larger four-storey freehold factory at 162 Tagore Lane, home to Privilege Motors, was launched for S$23.8 million before being adjusted to S$21.8 million (S$1,483 psf).
These examples illustrate that pricing in Tagore has stayed competitive, especially considering that all of the above are freehold assets.
Market outlook
For investors and business operators, the Tagore Lane factory offers both scarcity value and functional utility. Freehold industrial properties are few and far between, and when they appear, they tend to draw attention from both institutional and private buyers.
The auction format adds another layer of intrigue. Competitive bidding could push prices upward if interest is strong, especially given that comparable transactions nearby have closed at similar psf levels. For SMEs looking to house operations long-term, buying a freehold factory now could shield them from rising rental costs in the industrial market.
On the other hand, investors may view this property as a way to diversify their portfolio with a stable, income-producing asset. While shophouses and commercial units often dominate headlines, the industrial sector has proven its resilience, supported by Singapore’s steady manufacturing and logistics base.
If you’ve been waiting for a freehold industrial property that combines long-term ownership, operational flexibility, and a location with proven demand, the 108 Tagore Lane factory could be exactly the opportunity to watch at ETC’s upcoming auction.
Find more articles on commercial property news here.
About Ananda Bayu
Ananda has been wrangling Singapore's complex real estate trends into readable bites since 2020. She writes like she's explaining it to a friend over kopi — because who has time for jargon? When off the clock, she’s probably doom-scrolling through cat memes on X, convincing herself it's the highest tier of "creative inspiration".
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