120 Pioneer Rd
120 Pioneer Rd is a industrial building in District 22 · Tuas, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.4. It is leasehold with roughly 1 years remaining. 2 transactions are on record since 1995, most recently in May 2026. 5 units are currently listed for rent. ACRA records 11 live company registrations at this address.
What are the key facts about 120 Pioneer Rd?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 1.4
- Tenure
- Leasehold
- District / Area
- District 22 · Tuas
- Address
- 120 Pioneer Road
- Land area
- 16,597 sqm
- Completed
- Not on record
- Storeys
- 4 (© OpenStreetMap contributors)
- Owner
- ESR REIT (SGX filings)
- Net lettable area
- 215,967 sq ft (the owner's annual report (as filed on SGX))
- Land lease expires
- 2055 (the owner's annual report (as filed on SGX))
- Estate (JTC)
- Tuas Industrial Estate
- Listed as
- Light Industrial (B1), Warehouse, Factory / Workshop (B2)
- Transactions on record
- 2 (records start 1995)
- Live listings
- 5
- ACRA registrations
- 11
Who owns 120 Pioneer Rd, and what is it valued at?
- Occupancy
- 89% (as of 31 Dec 2025)
- Land lease expires
- 15 Feb 2055
Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.
About 120 Pioneer Rd
120 Pioneer Rd is an industrial property in Tuas (District 22). It is located along Pioneer Road, Singapore 639597.
Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
The site is leasehold, with about 1 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 16,597 sqm of land with roughly 23,088 sqm of gross floor area.
2 transactions have been recorded here, at a median of S$168 psf. The most recent was in May 2026.
Across JTC's rental returns for Pioneer Road, the median rent for industrial space on this street works out to about S$1.21 psf per month over 16 observations. Observed medians on the street span S$1.00 to S$1.60 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.
1 industrial project is still uncompleted on this street, adding about 10,010 sqm of gross floor area, the earliest due around 2027.
The nearest port or airport land is about 7.2 km away. The nearest MRT is Tuas West Road MRT, 221 m away (about a 4-minute walk). The closest bus stop (Tuas West Rd Stn Exit A) is 207 m away (about a 3-minute walk).
11 businesses are currently registered at this address with ACRA.
What is 120 Pioneer Rd zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 1.4
What has 120 Pioneer Rd sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| May 2026 | Single-user Factory | S$34.10M | 178,660 sqft | $191 |
| Jun 2007 | Single-user Factory | S$26.50M | 182,778 sqft | $145 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at 120 Pioneer Rd rent for?
Strata factory space on Pioneer Road
Street level · 2026Q3S$ per sq ft per month (median only published)
This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.
Source: JTC J-SPACE, rental of industrial space by street.
Market context around 120 Pioneer Rd
- 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
- 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
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.
How fast units move at 120 Pioneer Rd
Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.
One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.
What's been approved at 120 Pioneer Rd?
- 15 Mar 2018Agency worksAdditions & alterations
Proposed addition & alteration works to existing 4-storey single user industrial development c/w ancillary facilities on mk 07 lot 04441t at 120 pioneer road, singapore 639597 (tuas planning area)
- 28 Apr 2017Agency worksAdditions & alterations
Proposed addition & alteration works to existing 4-storey single user industrial development c/w ancillary facilities on mk 07 lot 04441t at 120 pioneer road, singapore 639597 (tuas planning area)
- 7 Feb 2017Agency worksAdditions & alterations
Proposed addition & alteration works to existing 4-storey single user industrial development c/w ancillary facilities on mk 07 lot 04441t at 120 pioneer road, singapore 639597 (tuas planning area)
- 5 Jul 2016Agency worksAdditions & alterations
Proposed addition & alteration works to existing 4-storey single user industrial development c/w ancillary facilities on mk 07 lot 04441t at 120 pioneer road, singapore 639597 (tuas planning area)
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).
What is available at 120 Pioneer Rd right now?
For rent (5)
- 120 Pioneer RdS$7k/mo · 6,113 sqft
- 120 Pioneer RdS$14k/mo · 11,277 sqft
- Pioneer Tuas Jurong Ramp Up Warehouse - Dedicated Loading Bays - High Ceiling - Single FloorplateS$380k/mo · 165,300 sqft
- Jurong District Warehouse - Dedicated Loading Bays - Exclusive - Proximity to Expressway & MegaportS$45k/mo · 26,222 sqft
What is near 120 Pioneer Rd?
Getting around
- Tuas West Road MRT221 m · ~4 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 120 Pioneer Rd
nearest MRT/LRT Tuas West Road (EW32) 207 m, about 13,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 9, about 4,936 taps a weekday; Tuas: 42,328 resident workers (Census 2020, by workplace); about 0 residents within 1 km (June 2026). Ranked against 8,225 industrial buildings by PropKaki's model: a relative score, not a footfall count.
A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.
Stations within 1 km
- Tuas West Road (EW32)207 m · about 13,000 weekday taps
- Tuas Link (EW33)971 m · about 13,000 weekday taps
Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 120 Pioneer Rd. Transfers between lines don't tap, so interchanges read low.
Bus
9 bus stops within 400 m, with 4,936 boardings and alightings on an average weekday.
Public car parks within 500 m
- Tuas West Ave (URA)255 mS$0.60 per half-hour at midday on a weekday · 39 car lots
- Tuas Ave 9 (URA)422 mS$0.60 per half-hour at midday on a weekday · 19 car lots
- Tuas Lane (URA)476 mS$0.60 per half-hour at midday on a weekday · 15 car lots
- Tuas Link 2 (URA)480 mS$0.60 per half-hour at midday on a weekday · 11 car lots
Nearest URA season parking: Tuas Area, 1.8 km away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. 120 Pioneer Rd's own car park, if it has one, and its charges are not in the open data.
Who's registered at 120 Pioneer Rd?
- Wholesale and retail trade4
- Transportation and storage3
- Manufacturing3
- Professional, scientific and technical services1
- Financial and insurance0
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.
What does industrial space rent for on this street?
- Street rent, median
- S$13.01 psm/mo
- Observed range
- S$10.76 – S$17.27
- Pipeline on this street
- 1 project · earliest TOP 2027
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.
Frequently asked questions about 120 Pioneer Rd
Where is 120 Pioneer Rd?⌄
120 Pioneer Rd is at 120 Pioneer Road, Singapore 639597, in the Tuas planning area.
What is 120 Pioneer Rd zoned as?⌄
120 Pioneer Rd is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
What kind of business can operate at 120 Pioneer Rd?⌄
Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades. The specific trade still has to be approved, so check the permissible-use list for your activity.
What is the tenure of 120 Pioneer Rd?⌄
120 Pioneer Rd is leasehold. About 1 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at 120 Pioneer Rd sold for?⌄
Across 2 recorded transactions, the median is S$168 psf. The latest was in May 2026.
What does industrial space near 120 Pioneer Rd rent for?⌄
JTC's rental returns for Pioneer Road put the median at about S$1.21 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Pioneer Road, not a rent quoted for 120 Pioneer Rd itself.
What is the nearest MRT station to 120 Pioneer Rd?⌄
Tuas West Road MRT is the closest, 221 m away (about a 4-minute walk).
How many businesses are registered at 120 Pioneer Rd?⌄
11 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on 120 Pioneer Rd.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
