31 Penjuru Lane
31 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. 2 transactions are on record since 1995, most recently in Mar 2025. ACRA records 6 live company registrations at this address.
What are the key facts about 31 Penjuru Lane?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 22 · Jurong East
- Address
- 31 Penjuru Lane
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Owner
- Mapletree Logistics Trust (SGX filings)
- Estate (JTC)
- Jurong Industrial Estate
- Transactions on record
- 2 (records start 1995)
- Live listings
- None
- ACRA registrations
- 6
Who owns 31 Penjuru Lane, and what is it valued at?
- Land tenure
- 30+13 years
- Announced 12 Mar 2025 · completed 15 Jul 2025HSBC Institutional Trust Services (Singapore) Limited (in its capacity as trustee of MLT) sold 31 Penjuru Lane for S$7.8 million (sale price) to an unrelated third party.
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.
About 31 Penjuru Lane
31 Penjuru Lane is an industrial property in Jurong East (District 22). It is located along Penjuru Lane, Singapore 609198.
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$85 psf. The most recent was in March 2025.
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 471 m away. The closest business-park zone is about 2.5 km away. The closest bus stop (Aft Penjuru Rd) is 333 m away (about a 5-minute walk).
8 businesses are currently registered at this address with ACRA.
What is 31 Penjuru Lane zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
What has 31 Penjuru Lane sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Mar 2025 | Warehouse | S$7.80M | 140,590 sqft | $55 |
| Apr 2006 | Single-user Factory | S$16.20M | 140,590 sqft | $115 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at 31 Penjuru Lane rent for?
Strata factory space on Penjuru Lane
Street level · 2026Q3S$ per sq ft per month (median only published) · median -1.5% on a year earlier
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 31 Penjuru Lane
- 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
- 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
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's been approved at 31 Penjuru Lane?
- 20 Dec 2006ApprovedAdditions & alterations
Proposed additions & alterations to existing part 5/10 storey warehouse with ancillary office and exisiting 3-storey warehouse
- 19 May 2006ApprovedAdditions & alterations
Proposed retention of existng open sided shed at existing 10-storey warehouse with mezzanine
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).
What is near 31 Penjuru Lane?
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 31 Penjuru Lane
no MRT/LRT within 1 km (nearest Jurong East, 3.0 km); bus stops within 400 m: 2, about 500 taps a weekday; Jurong East: 62,478 resident workers (Census 2020, by workplace); about 775 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
2 bus stops within 400 m, with 500 boardings and alightings on an average weekday.
Who's registered at 31 Penjuru Lane?
- Wholesale and retail trade3
- Manufacturing1
- Water supply, sewerage and waste management1
- Professional, scientific and technical services1
- Transportation and storage0
- Real estate0
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?
- 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 31 Penjuru Lane
Where is 31 Penjuru Lane?⌄
31 Penjuru Lane is at 31 Penjuru Lane, Singapore 609198, in the Jurong East planning area.
What is 31 Penjuru Lane zoned as?⌄
31 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 31 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 31 Penjuru Lane?⌄
31 Penjuru Lane 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 31 Penjuru Lane sold for?⌄
Across 2 recorded transactions, the median is S$85 psf. The latest was in March 2025.
What does industrial space near 31 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 31 Penjuru Lane itself.
How many businesses are registered at 31 Penjuru Lane?⌄
8 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on 31 Penjuru Lane.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
