IndustrialBUSINESS 2LeaseholdDistrict 22 · Boon Lay

24 Jurong Port Rd

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2026
Quick Summary

24 Jurong Port Rd is a industrial building in District 22 · Boon Lay, 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 May 2026. 5 units are currently listed for rent. ACRA records 8 live company registrations at this address.

1

What are the key facts about 24 Jurong Port Rd?

Key takeaway24 Jurong Port Rd is a industrial building in District 22 · Boon Lay, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 22 · Boon Lay
Address
24 Jurong Port Road
Land area
30,261 sqm
Completed
Not on record
Storeys
Not on record
Owner
ESR REIT; Alpha Integrated REIT (SGX filings)
Net lettable area
728,146 sq ft (the owner's annual report (as filed on SGX))
Land lease expires
2037 (the owner's annual report (as filed on SGX))
Estate (JTC)
Jurong Industrial Estate
Listed as
Warehouse, Factory / Workshop (B2), Light Industrial (B1)
Transactions on record
2 (records start 1995)
Live listings
5
ACRA registrations
8
2

Who owns 24 Jurong Port Rd, and what is it valued at?

Key takeaway24 Jurong Port Rd is owned by ESR REIT; Alpha Integrated REIT, a REIT listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.
24 Jurong Port Road
Valued at S$68 million as at 1 Apr 2026.
from its annual report (2025)
24 Jurong Port Road: Alpha Integrated REIT's annual report (2025)
Land tenure
30+12 yrs from 1/3/1995
24 JURONG PORT ROAD: ESR REIT's annual report (2025)
Occupancy
95% (as of 31 Dec 2025)
Land lease expires
28 Feb 2037

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.

3

About 24 Jurong Port Rd

24 Jurong Port Rd is an industrial property in Jurong East (District 22). It is located along Jurong Port Road, Singapore 619097.

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. It sits on about 30,261 sqm of land with roughly 75,653 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$252 psf. The most recent was in May 2026.

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 436 m away. The closest business-park zone is about 3.1 km away. The closest bus stop (CWT Distripk) is 104 m away (about a 2-minute walk).

9 businesses are currently registered at this address with ACRA.

4

What is 24 Jurong Port Rd zoned as?

Key takeaway24 Jurong Port Rd 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 →

5

What has 24 Jurong Port Rd sold for?

Key takeaway2 transactions are on record since 1995, most recently in May 2026 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2026WarehouseS$68.00M325,742 sqft$209
Jul 2006Single-user FactoryS$96.00M325,740 sqft$295

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

6

What does space at 24 Jurong Port Rd rent for?

Key takeawayNo rent is published for 24 Jurong Port Rd 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.

7

Market context around 24 Jurong Port Rd

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.

8

How fast units move at 24 Jurong Port Rd

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 5 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 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.

9

What's been approved at 24 Jurong Port Rd?

Key takeawayURA's planning decisions at 24 Jurong Port Rd 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. 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).

10

What is available at 24 Jurong Port Rd right now?

Key takeaway5 units are currently listed at 24 Jurong Port Rd. One row per unit; several agents often market the same unit.

For rent (5)

  • 24 Jurong Port RdS$2k/mo · 1,669 sqft
  • 24 Jurong Port RdS$45k/mo · 32,445 sqft
  • 24 Jurong Port Road, 619097S$94k/mo · 59,000 sqft
  • 24 Jurong Port Road, 619097S$79k/mo · 50,000 sqft

Browse every listing at this building →

11

What is near 24 Jurong Port Rd?

Amenities nearby

CWT Distripk · 104 mPort / Airport · 436 mShenton Medical Group · 532 mEducational Institution · 1.3 km

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at 24 Jurong Port Rd

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Boon Lay, 2.8 km away. No public car park we hold is within 500 m; the nearest is Jln Besut (URA), 768 m away, season S$90/month.
Foot traffic: busier than 35% of industrial buildings

no MRT/LRT within 1 km (nearest Boon Lay, 2.8 km); bus stops within 400 m: 6, about 2,152 taps a weekday; Boon Lay: 19,300 resident workers (Census 2020, by workplace); about 2,557 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

6 bus stops within 400 m, with 2,152 boardings and alightings on an average weekday.

13

Who's registered at 24 Jurong Port Rd?

Key takeaway8 live companies (and LLPs and branches; sole proprietors are not counted) list 24 Jurong Port Rd as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    2
  • Professional, scientific and technical services
    2
  • Transportation and storage
    1
  • Manufacturing
    1
  • Construction
    1
  • Financial and insurance
    1
  • Administrative and support services
    0
  • Information and communications
    0
  • Other 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.

14

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.

15

Frequently asked questions about 24 Jurong Port Rd

Where is 24 Jurong Port Rd?⌄

24 Jurong Port Rd is at 24 Jurong Port Road, Singapore 619097, in the Jurong East planning area.

What is 24 Jurong Port Rd zoned as?⌄

24 Jurong Port Rd 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 24 Jurong Port 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 24 Jurong Port Rd?⌄

24 Jurong Port Rd 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 24 Jurong Port Rd sold for?⌄

Across 2 recorded transactions, the median is S$252 psf. The latest was in May 2026.

What does industrial space near 24 Jurong Port Rd 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 24 Jurong Port Rd itself.

How many businesses are registered at 24 Jurong Port Rd?⌄

9 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

For agents · in the PropKaki app

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