IndustrialBUSINESS 2LeaseholdDistrict 22 · Tuas

124 Pioneer Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2009
Quick Summary

124 Pioneer Road 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 59 years remaining. 1 transaction is on record since 1995, most recently in Aug 2009. ACRA records 0 live company registrations at this address.

1

What are the key facts about 124 Pioneer Road?

Key takeaway124 Pioneer Road is a industrial building in District 22 · Tuas, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
1.4
Tenure
Leasehold
District / Area
District 22 · Tuas
Address
124 Pioneer Road
Land area
—
Completed
Not on record
Storeys
Not on record
Estate (JTC)
Tuas Industrial Estate
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 124 Pioneer Road

124 Pioneer Road is an industrial property in Tuas (District 22). It is located along Pioneer Road, Singapore 639584.

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 59 years left to run.

1 transaction has been recorded here, at a median of S$74 psf. The most recent was in August 2009.

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, 402 m away (about a 6-minute walk). The closest bus stop (Bef Tuas West Ave) is 46 m away (about a 1-minute walk).

1 business is currently registered at this address with ACRA.

3

What is 124 Pioneer Road zoned as?

Key takeaway124 Pioneer Road sits on land zoned BUSINESS 2 with a gross plot ratio of 1.4.
Land-use zone
BUSINESS 2
Gross plot ratio
1.4

Run the full zoning report for this building →

4

What has 124 Pioneer Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Aug 2009 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2009Single-user FactoryS$3.60M48,671 sqft$74

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

5

What does space at 124 Pioneer Road rent for?

Key takeawayNo rent is published for 124 Pioneer Road itself. On its street, Pioneer Road, strata factory space rented at a median of $1.45 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Pioneer Road

Street level · 2026Q3
25th pct
—
— psm
Median
$1.45
$15.61 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

2023Q1 · $17.27 psm2026Q3 · $15.61 psm median

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.

6

Market context around 124 Pioneer Road

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.

7

What's been approved at 124 Pioneer Road?

Key takeawayURA's planning decisions at 124 Pioneer Road 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. 9 Oct 2024Agency works
    Additions & alterations

    Proposed reinstatement of roof & facade damaged by fire to the existing single-user industrial on lot 01919t mk07 at 124 pioneer road (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).

8

What is near 124 Pioneer Road?

Key takeawayThe nearest MRT/LRT is Tuas West Road MRT, about 402 m away.

Getting around

Amenities nearby

Bef Tuas West Ave · 46 mTuas West Road MRT Exit A · 390 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at 124 Pioneer Road

Key takeawayThe nearest station is Tuas West Road (EW32), 390 m away — a quiet station, with about 13,000 taps in and out on an average weekday. 2 public car parks are within 500 m.
Foot traffic: busier than 51% of industrial buildings

nearest MRT/LRT Tuas West Road (EW32) 390 m, about 13,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 6, about 3,043 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)390 m · about 13,000 weekday taps
  • Tuas Link (EW33)848 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 124 Pioneer Road. Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with 3,043 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Tuas West Ave (URA)302 m
    S$0.60 per half-hour at midday on a weekday · 39 car lots
  • Tuas Link 2 (URA)415 m
    S$0.60 per half-hour at midday on a weekday · 11 car lots

Nearest URA season parking: Tuas Area, 1.9 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 124 Pioneer Road's own car park, if it has one, and its charges are not in the open data.

10

Who's registered at 124 Pioneer Road?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 124 Pioneer Road as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    0
  • Professional, scientific and technical services
    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.

11

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$13.01 psm/month — an all-time median from 2000 onwards, not a current rent.
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.

12

Frequently asked questions about 124 Pioneer Road

Where is 124 Pioneer Road?⌄

124 Pioneer Road is at 124 Pioneer Road, Singapore 639584, in the Tuas planning area.

What is 124 Pioneer Road zoned as?⌄

124 Pioneer Road 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 124 Pioneer Road?⌄

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 124 Pioneer Road?⌄

124 Pioneer Road is leasehold. About 59 years remain on the lease.

What have units at 124 Pioneer Road sold for?⌄

Across 1 recorded transaction, the median is S$74 psf. The latest was in August 2009.

What does industrial space near 124 Pioneer Road 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 124 Pioneer Road itself.

What is the nearest MRT station to 124 Pioneer Road?⌄

Tuas West Road MRT is the closest, 402 m away (about a 6-minute walk).

How many businesses are registered at 124 Pioneer Road?⌄

1 business is currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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