IndustrialLeaseholdDistrict 22 · Pioneer

1 Gul Avenue

Reviewed by Nathan TangUpdated 8 November 2026Data through Mar 2007
Quick Summary

1 Gul Avenue is a industrial building in District 22 · Pioneer. It is leasehold. 1 transaction is on record since 1995, most recently in Mar 2007. ACRA records 0 live company registrations at this address.

1

What are the key facts about 1 Gul Avenue?

Key takeaway1 Gul Avenue is a industrial building in District 22 · Pioneer, held leasehold.
Asset class
Industrial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Leasehold
District / Area
District 22 · Pioneer
Address
1 Gul Avenue
Land area
—
Completed
Not on record
Storeys
Not on record
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 1 Gul Avenue

1 Gul Avenue is an industrial property in Pioneer (District 22). It is located along Gul Avenue, Singapore 629648.

The site is leasehold, with about 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

1 transaction has been recorded here, at a median of S$46 psf. The most recent was in March 2007.

Across JTC's rental returns for Gul Avenue, the median rent for industrial space on this street works out to about S$0.75 psf per month over 2 observations. Observed medians on the street span S$0.26 to S$1.25 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

2 industrial projects are still uncompleted on this street, adding about 14,520 sqm of gross floor area, the earliest due around 2026.

3

What has 1 Gul Avenue sold for?

Key takeaway1 transaction is on record since 1995, most recently in Mar 2007 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Mar 2007Single-user FactoryS$4.25M92,784 sqft$46

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter

4

Market context around 1 Gul Avenue

Key takeawayBrokers' industrial figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Factory (ground floor): Rent S$1.81 psf/mth
  • Factory (upper floor): Rent S$1.41 psf/mth
  • Prime logistics: Rent S$1.87 psf/mth · Capital value S$245 psf · Net yield 6.5%
  • Warehouse (ground floor): Rent S$1.91 psf/mth
  • Warehouse (upper floor): Rent S$1.39 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • Factory - Ground Floor: Rent S$1.79 psf/mth
  • Factory - Upper Floor: Rent S$1.57 psf/mth
  • High-Tech: Rent S$3.56 psf/mth
  • Prime Logistics - Ground Floor: Rent S$1.92 psf/mth
  • Prime Logistics - Upper Floor: Rent S$1.74 psf/mth
  • Warehouse - Ground Floor: Rent S$1.81 psf/mth
  • Warehouse - Upper Floor: Rent S$1.49 psf/mth
Singapore Industrial MarketBeat Q2 2026

Official series (JTC, 2026Q3): Multiple-User Factory occupancy (island-wide) 90.3% (-0.7 pp on the year) · Single-User Factory occupancy (island-wide) 89.1% (0 pp on the year) · Warehouse occupancy (island-wide) 89.7% (+0.1 pp on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

5

What's been approved at 1 Gul Avenue?

Key takeawayURA's planning decisions at 1 Gul Avenue since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 11 Dec 2007Approved
    Additions & alterations

    Proposed car park shed to existing open car park to existing factory

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

6

Who's registered at 1 Gul Avenue?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 1 Gul Avenue as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

7

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$8.09 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$8.09 psm/mo
Observed range
S$2.75 – S$13.43
Pipeline on this street
2 projects · earliest TOP 2026

JTC street medians span 2000 to today and are an all-time level, not today's asking rent; the forward pipeline is a forecast, not committed completions.

8

Frequently asked questions about 1 Gul Avenue

Where is 1 Gul Avenue?⌄

1 Gul Avenue is at 1 Gul Avenue, Singapore 629648, in the Pioneer planning area.

What is the tenure of 1 Gul Avenue?⌄

1 Gul Avenue is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 1 Gul Avenue sold for?⌄

Across 1 recorded transaction, the median is S$46 psf. The latest was in March 2007.

What does industrial space near 1 Gul Avenue rent for?⌄

JTC's rental returns for Gul Avenue put the median at about S$0.75 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Gul Avenue, not a rent quoted for 1 Gul Avenue itself.

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