2.8 Penjuru Tech Hub

Asset class

Industrial

Land-use zone

BUSINESS 2

Gross plot ratio

2.5

Tenure

Leasehold

District / Area

District 22 · Jurong East

Address

2 Penjuru Place

Land area

—

Completed

Not on record

Storeys

Not on record

Strata units (MCST)

48

Managing agent

IMAX PROPERTY CONSULTANCY

Strata formed

2007 (MCST 3252)

Estate (JTC)

Jurong Industrial Estate

Units with a recorded sale

At least 9

Transactions on record

11 (records start 1995)

Live listings

None

ACRA registrations

19

2.8 Penjuru Tech Hub is an industrial building in Jurong East (District 22). It is located along Penjuru Place, Singapore 608783.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 9 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

11 transactions have been recorded here, at a median of S$128 psf. The most recent was in February 2023.

Across JTC's rental returns for Penjuru Place, the median rent for industrial space on this street works out to about S$1.83 psf per month over 2 observations. Observed medians on the street span S$1.82 to S$1.83 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

The nearest port or airport land is about 1.2 km away. The closest business-park zone is about 1.5 km away. The closest bus stop (Aft Penjuru Pl) is 90 m away (about a 1-minute walk).

20 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 2

Gross plot ratio

2.5

Run the full zoning report for this building →

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

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.

1. 12 Feb 2025ApprovedFloor 1
   Change of use to minimart and barber shop

   Retention of use of the 1st storey unit #01-XX as minimart and barber shop

2. 13 Sept 2023RefusedFloor 1
   Change of use to minimart and barber shop

   Proposed change of use of unit #01-XX to minimart and barber shop

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).

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

Straight-line distances. Source: PropKaki amenities data.

• Wholesale and retail trade
  5
• Manufacturing
  4
• Construction
  3
• Transportation and storage
  3
• Accommodation and food services
  2
• Professional, scientific and technical services
  1
• Financial and insurance
  1
• Information and communications
  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.

Street rent, median

S$19.68 psm/mo

Observed range

S$19.61 – S$19.75

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.