IndustrialBUSINESS 2LeaseholdDistrict 22 · Pioneer

23 Joo Koon Road

Reviewed by Nathan TangUpdated 10 August 2026Data through May 1999
Quick Summary

23 Joo Koon Road is a industrial building in District 22 · Pioneer, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.4. It is leasehold. 2 transactions are on record since 1995, most recently in May 1999. ACRA records 0 live company registrations at this address.

1

What are the key facts about 23 Joo Koon Road?

Key takeaway23 Joo Koon Road is a industrial building in District 22 · Pioneer, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
1.4
Tenure
Leasehold
District / Area
District 22 · Pioneer
Address
23 Joo Koon Road
Land area
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 23 Joo Koon Road

23 Joo Koon Road is an industrial property in Pioneer (District 22). It is located along Joo Koon Road, Singapore 628980.

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 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

2 transactions have been recorded here, at a median of S$64 psf. The most recent was in May 1999.

Across JTC's rental returns for Joo Koon Road, the median rent for industrial space on this street works out to about S$0.43 psf per month over 4 observations. Observed medians on the street span S$0.31 to S$0.60 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 4.7 km away. The closest business-park zone is about 3.1 km away. The nearest MRT is Joo Koon MRT, 714 m away (about a 11-minute walk). The closest bus stop (Aft Joo Koon Way) is 149 m away (about a 2-minute walk).

3

What is 23 Joo Koon Road zoned as?

Key takeaway23 Joo Koon 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 23 Joo Koon Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in May 1999 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 1999Single-user FactoryS$2.49M39,116 sqft$64
Dec 1998Single-user FactoryS$2.47M39,116 sqft$63

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.

5

What is near 23 Joo Koon Road?

Key takeawayThe nearest MRT/LRT is Joo Koon MRT, about 714 m away.

Getting around

Amenities nearby

Aft Joo Koon Way · 149 mDrs Koo, Fok & Associates Pte Ltd · 669 mJoo Koon MRT Exit A · 721 m

Straight-line distances. Source: PropKaki amenities data.

6

How many companies are registered at 23 Joo Koon Road?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

7

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$4.60 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$4.60 psm/mo
Observed range
S$3.31 – S$6.46

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 23 Joo Koon Road

Where is 23 Joo Koon Road?

23 Joo Koon Road is at 23 Joo Koon Road, Singapore 628980, in the Pioneer planning area.

What is 23 Joo Koon Road zoned as?

23 Joo Koon 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 23 Joo Koon 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 23 Joo Koon Road?

23 Joo Koon Road 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 23 Joo Koon Road sold for?

Across 2 recorded transactions, the median is S$64 psf. The latest was in May 1999.

What does industrial space near 23 Joo Koon Road rent for?

JTC's rental returns for Joo Koon Road put the median at about S$0.43 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Joo Koon Road, not a rent quoted for 23 Joo Koon Road itself.

What is the nearest MRT station to 23 Joo Koon Road?

Joo Koon MRT is the closest, 714 m away (about a 11-minute walk).

For agents · in the PropKaki app

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