IndustrialBUSINESS 2LeaseholdDistrict 22 · Jurong East

28f Penjuru Close

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2025

Quick Summary

28f Penjuru Close 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. 13 transactions are on record since 1995, at a median S$240 psf, most recently in May 2025. ACRA records 17 live company registrations at this address.

The facts are here — now get the verdict on 28f Penjuru Close.

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What are the key facts about 28f Penjuru Close?

Key takeaway28f Penjuru Close 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: 28f Penjuru Close
Land area: —
Completed: Not on record
Storeys: Not on record
Estate (JTC): Jurong Industrial Estate
Transactions on record: 13 (records start 1995)
Live listings: None
ACRA registrations: 17

About 28f Penjuru Close

28F Penjuru Close is an industrial property in Jurong East (District 22). It is located along Penjuru Close, Singapore 609134.

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.

13 transactions have been recorded here, at a median of S$240 psf. The most recent was in May 2025.

Across JTC's rental returns for Penjuru Close, the median rent for industrial space on this street works out to about S$0.93 psf per month over 9 observations. Observed medians on the street span S$0.19 to S$1.64 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 754 m away. The closest business-park zone is about 2.0 km away. The closest bus stop (Bef Penjuru Rd) is 168 m away (about a 3-minute walk).

24 businesses are currently registered at this address with ACRA.

What is 28f Penjuru Close zoned as?

Key takeaway28f Penjuru Close 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 →

What has 28f Penjuru Close sold for?

Key takeawayAcross 13 recorded transactions since 1995, the median price is about S$760k, most recently in May 2025.

Date	Use	Price	Area	PSF
May 2025	Single-user Factory	S$30k	3,171 sqft	$9
May 2013	Single-user Factory	S$670k	3,171 sqft	$211
Jul 2012	Single-user Factory	S$700k	3,253 sqft	$215
Feb 2009	Single-user Factory	S$475k	3,168 sqft	$150
Oct 2007	Single-user Factory	S$420k	3,165 sqft	$133
Aug 2004	Single-user Factory	S$380k	3,165 sqft	$120
Dec 1996	Single-user Factory	S$760k	3,168 sqft	$240
Nov 1995	Single-user Factory	S$816k	3,253 sqft	$251
Nov 1995	Single-user Factory	S$797k	3,175 sqft	$251
Nov 1995	Single-user Factory	S$794k	3,165 sqft	$251

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

Market context around 28f Penjuru Close

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.

What is near 28f Penjuru Close?

Amenities nearby

Bef Penjuru Rd · 168 mPort / Airport · 754 mDrs Koo, Fok & Associates · 840 mEducational Institution · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 28f Penjuru Close

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Jurong East, 2.5 km away. One public car park is within 500 m.

Foot traffic: busier than 51% of industrial buildings

no MRT/LRT within 1 km (nearest Jurong East, 2.5 km); bus stops within 400 m: 4, about 2,849 taps a weekday; Jurong East: 62,478 resident workers (Census 2020, by workplace); about 3,090 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

4 bus stops within 400 m, with 2,849 boardings and alightings on an average weekday.

Public car parks within 500 m

Penjuru Close (URA)76 m
S$0.60 per half-hour at midday on a weekday · 11 car lots

Nearest URA season parking: Jln Besut, 781 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 28f Penjuru Close's own car park, if it has one, and its charges are not in the open data.

Who's registered at 28f Penjuru Close?

Key takeaway17 live companies (and LLPs and branches; sole proprietors are not counted) list 28f Penjuru Close as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
5
Manufacturing
5
Professional, scientific and technical services
3
Information and communications
2
Construction
1
Financial and insurance
1

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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$10.00 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$10.00 psm/mo
Observed range: S$2.04 – S$17.69

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.

Frequently asked questions about 28f Penjuru Close

Where is 28F Penjuru Close?⌄

28F Penjuru Close is at 28F Penjuru Close, Singapore 609134, in the Jurong East planning area.

What is 28F Penjuru Close zoned as?⌄

28F Penjuru Close 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 28F Penjuru Close?⌄

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 28F Penjuru Close?⌄

28F Penjuru Close 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 28F Penjuru Close sold for?⌄

Across 13 recorded transactions, the median is S$240 psf. The latest was in May 2025.

What does industrial space near 28F Penjuru Close rent for?⌄

JTC's rental returns for Penjuru Close put the median at about S$0.93 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Penjuru Close, not a rent quoted for 28F Penjuru Close itself.

How many businesses are registered at 28F Penjuru Close?⌄

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

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from JTC estate boundaries, URA car park data (URA Data Service), PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.