IndustrialBUSINESS 2LeaseholdDistrict 22 · Jurong East

23 Jurong Port Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2014
Quick Summary

23 Jurong Port Road is a industrial building in District 22 · Jurong East, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 2 transactions are on record since 1995, most recently in Nov 2014. ACRA records 0 live company registrations at this address.

1

What are the key facts about 23 Jurong Port Road?

Key takeaway23 Jurong Port Road is a industrial building in District 22 · Jurong East, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 22 · Jurong East
Address
23 Jurong Port Road
Land area
—
Completed
Not on record
Storeys
Not on record
Estate (JTC)
Jurong Industrial Estate
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 23 Jurong Port Road

23 Jurong Port Road is an industrial property in Jurong East (District 22). It is located along Jurong Port Road, Singapore 619096.

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 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$48 psf. The most recent was in November 2014.

Across JTC's rental returns for Jurong Port Road, the median rent for industrial space on this street works out to about S$1.41 psf per month over 80 observations. Observed medians on the street span S$0.70 to S$3.50 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 90,460 sqm of gross floor area, the earliest due around 2027.

The nearest port or airport land is about 619 m away. The closest business-park zone is about 2.9 km away. The closest bus stop (Sin Soon Huat) is 146 m away (about a 2-minute walk).

3

What is 23 Jurong Port Road zoned as?

Key takeaway23 Jurong Port Road sits on land zoned BUSINESS 2 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 2
Gross plot ratio
2.5

Run the full zoning report for this building →

4

What has 23 Jurong Port Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Nov 2014 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2014Single-user FactoryS$6.00M84,712 sqft$71
Mar 2001Single-user FactoryS$2.00M84,712 sqft$24

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 23 Jurong Port Road rent for?

Key takeawayNo rent is published for 23 Jurong Port Road itself. On its street, Jurong Port Road, strata factory space rented at a median of $1.51 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 Jurong Port Road

Street level · 2026Q3
25th pct
—
— psm
Median
$1.51
$16.30 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +4.1% on a year earlier

2023Q4 · $14.64 psm2026Q3 · $16.30 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 23 Jurong Port 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 23 Jurong Port Road?

Key takeawayURA's planning decisions at 23 Jurong Port 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. 27 Mar 2024Approved
    Additions & alterations

    Proposed amendment to approved single-storey single-user general industrial factory on lot 00600l, mukim 06 at no 23, jurong port road.

  2. 9 Jul 2015Approved
    Additions & alterations

    Proposed new erection of part single and part 3-storey single-user warehouse on lot 00600l mk06 at 23 jurong port road

  3. 5 Jan 2002Approved
    Additions & alterations

    Proposed additions & alterations to existing single-storey factory

  4. 2 May 2001ApprovedFloor 1
    Additions & alterations

    Proposed retention of retractable awning to existing block 3 jtc terrace workshop unit #01-XX

  5. 2 May 2001ApprovedFloor 1
    Additions & alterations

    Proposed retention of retractable awning to existing block 3 jtc terrace workshop unit #01-XX

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 23 Jurong Port Road?

Amenities nearby

Sin Soon Huat · 146 mShenton Medical Group · 589 mPort / Airport · 619 mEducational Institution · 1.3 km

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at 23 Jurong Port Road

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Boon Lay, 2.9 km away. No public car park we hold is within 500 m; the nearest is Jln Besut (URA), 538 m away, season S$90/month.
Foot traffic: busier than 50% of industrial buildings

no MRT/LRT within 1 km (nearest Boon Lay, 2.9 km); bus stops within 400 m: 5, about 2,351 taps a weekday; Jurong East: 62,478 resident workers (Census 2020, by workplace); about 4,036 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.

Bus

5 bus stops within 400 m, with 2,351 boardings and alightings on an average weekday.

10

Who's registered at 23 Jurong Port Road?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 23 Jurong Port Road as their registered address. These are registered businesses, not who occupies the space.
  • Construction
    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$15.21 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$15.21 psm/mo
Observed range
S$7.58 – S$37.67
Pipeline on this street
2 projects · 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 23 Jurong Port Road

Where is 23 Jurong Port Road?⌄

23 Jurong Port Road is at 23 Jurong Port Road, Singapore 619096, in the Jurong East planning area.

What is 23 Jurong Port Road zoned as?⌄

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

What kind of business can operate at 23 Jurong Port 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 Jurong Port Road?⌄

23 Jurong Port 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 Jurong Port Road sold for?⌄

Across 2 recorded transactions, the median is S$48 psf. The latest was in November 2014.

What does industrial space near 23 Jurong Port Road rent for?⌄

JTC's rental returns for Jurong Port Road put the median at about S$1.41 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Jurong Port Road, not a rent quoted for 23 Jurong Port Road itself.

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