IndustrialBUSINESS 2LeaseholdDistrict 22 · Jurong East

29 Penjuru Lane

Reviewed by Nathan TangUpdated 8 November 2026Data through Apr 2007

Quick Summary

29 Penjuru Lane 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 with roughly 43 years remaining. 1 transaction is on record since 1995, most recently in Apr 2007. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on 29 Penjuru Lane.

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What are the key facts about 29 Penjuru Lane?

Key takeaway29 Penjuru Lane 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: 29 Penjuru Lane
Land area: —
Completed: Not on record
Storeys: Not on record
Estate (JTC): Jurong Industrial Estate
Transactions on record: 1 (records start 1995)
Live listings: None
ACRA registrations: 0

About 29 Penjuru Lane

29 Penjuru Lane is an industrial property in Jurong East (District 22). It is located along Penjuru Lane, Singapore 609196.

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 43 years left to run.

1 transaction has been recorded here, at a median of S$14 psf. The most recent was in April 2007.

Across JTC's rental returns for Penjuru Lane, the median rent for industrial space on this street works out to about S$1.16 psf per month over 46 observations. Observed medians on the street span S$0.56 to S$1.62 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 557 m away. The closest business-park zone is about 2.4 km away. The closest bus stop (Aft Penjuru Rd) is 270 m away (about a 4-minute walk).

What is 29 Penjuru Lane zoned as?

Key takeaway29 Penjuru Lane 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 29 Penjuru Lane sold for?

Key takeaway1 transaction is on record since 1995, most recently in Apr 2007 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Apr 2007	Single-user Factory	S$2.00M	143,285 sqft	$14

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

What does space at 29 Penjuru Lane rent for?

Key takeawayNo rent is published for 29 Penjuru Lane itself. On its street, Penjuru Lane, strata factory space rented at a median of $1.60 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 Penjuru Lane

Street level · 2026Q3

25th pct

—

— psm

Median

$1.60

$17.22 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median -1.5% on a year earlier

2023Q4 · $15.82 psm2026Q3 · $17.22 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.

Market context around 29 Penjuru Lane

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 29 Penjuru Lane?

Amenities nearby

Aft Penjuru Rd · 270 mPort / Airport · 557 mDrs Koo, Fok & Associates · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 29 Penjuru Lane

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Jurong East, 2.9 km away. One public car park is within 500 m.

Foot traffic: busier than 44% of industrial buildings

no MRT/LRT within 1 km (nearest Jurong East, 2.9 km); bus stops within 400 m: 3, about 1,121 taps a weekday; Jurong East: 62,478 resident workers (Census 2020, by workplace); about 1,310 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

3 bus stops within 400 m, with 1,121 boardings and alightings on an average weekday.

Public car parks within 500 m

Penjuru Close (URA)417 m
S$0.60 per half-hour at midday on a weekday · 11 car lots

Nearest URA season parking: Jln Besut, 959 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 29 Penjuru Lane's own car park, if it has one, and its charges are not in the open data.

Who's registered at 29 Penjuru Lane?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 29 Penjuru Lane as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
0
Transportation and storage
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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$12.46 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$12.46 psm/mo
Observed range: S$6.07 – S$17.49

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 29 Penjuru Lane

Where is 29 Penjuru Lane?⌄

29 Penjuru Lane is at 29 Penjuru Lane, Singapore 609196, in the Jurong East planning area.

What is 29 Penjuru Lane zoned as?⌄

29 Penjuru Lane 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 29 Penjuru Lane?⌄

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 29 Penjuru Lane?⌄

29 Penjuru Lane is leasehold. About 43 years remain on the lease.

What have units at 29 Penjuru Lane sold for?⌄

Across 1 recorded transaction, the median is S$14 psf. The latest was in April 2007.

What does industrial space near 29 Penjuru Lane rent for?⌄

JTC's rental returns for Penjuru Lane put the median at about S$1.16 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Penjuru Lane, not a rent quoted for 29 Penjuru Lane itself.

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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.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.