IndustrialBUSINESS 2LeaseholdDistrict 22 · Pioneer

32 Joo Koon Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Feb 2011
Quick Summary

32 Joo Koon Road is a industrial building in District 22 · Pioneer, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.4. It is leasehold with roughly 14 years remaining. 1 transaction is on record since 1995, most recently in Feb 2011. ACRA records 5 live company registrations at this address.

1

What are the key facts about 32 Joo Koon Road?

Key takeaway32 Joo Koon Road is a industrial building in District 22 · Pioneer, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
1.4
Tenure
Leasehold
District / Area
District 22 · Pioneer
Address
32 Joo Koon Road
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
5
2

About 32 Joo Koon Road

32 Joo Koon Road is an industrial property in Pioneer (District 22). It is located along Joo Koon Road, Singapore 628985.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 14 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

1 transaction has been recorded here, at a median of S$111 psf. The most recent was in February 2011.

Across JTC's rental returns for Joo Koon Road, the median rent for industrial space on this street works out to about S$0.43 psf per month over 4 observations. Observed medians on the street span S$0.31 to S$0.60 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 4.8 km away. The closest business-park zone is about 3.1 km away. The nearest MRT is Joo Koon MRT, 790 m away (about a 12-minute walk). The closest bus stop (Aft Joo Koon Way) is 64 m away (about a 1-minute walk).

6 businesses are currently registered at this address with ACRA.

3

What is 32 Joo Koon Road zoned as?

Key takeaway32 Joo Koon Road sits on land zoned BUSINESS 2 with a gross plot ratio of 1.4.
Land-use zone
BUSINESS 2
Gross plot ratio
1.4

Run the full zoning report for this building →

4

What has 32 Joo Koon Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Feb 2011 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Feb 2011Single-user FactoryS$5.90M52,960 sqft$111

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

Market context around 32 Joo Koon 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.

6

What's been approved at 32 Joo Koon Road?

Key takeawayURA's planning decisions at 32 Joo Koon 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. 11 Jan 2024Renewed
    Change of use

    Continued use of secondary workers' dormitory (for 100 workers) in existing part single/part 3-storey single-user light industrial development

  2. 5 Mar 2019Renewed
    Change of use

    Continued use of secondary workers' dormitory (for 100 workers) in existing part single/part 3-storey single-user light industrial development

  3. 7 Jul 2016Renewed
    Change of use

    Continued use of secondary workers' dormitory (for 100 workers) in existing part single/part 3-storey single-user light industrial development

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).

7

What is near 32 Joo Koon Road?

Key takeawayThe nearest MRT/LRT is Joo Koon MRT, about 790 m away.

Getting around

Amenities nearby

Aft Joo Koon Way · 64 mAcumed Medical Group (Joo Koon) · 770 mJoo Koon MRT Exit A · 801 m

Straight-line distances. Source: PropKaki amenities data.

8

Getting there and parking at 32 Joo Koon Road

Key takeawayThe nearest station is Joo Koon (EW29), 790 m away — a moderately busy station, with about 37,000 taps in and out on an average weekday. 4 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 59% of industrial buildings

nearest MRT/LRT Joo Koon (EW29) 790 m, about 37,000 taps a weekday; bus stops within 400 m: 7, about 1,459 taps a weekday; Pioneer: 36,801 resident workers (Census 2020, by workplace); about 5 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.

Stations within 1 km

  • Joo Koon (EW29)790 m · about 37,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 32 Joo Koon Road. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with 1,459 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Joo Koon Way (URA)184 m
    S$0.60 per half-hour at midday on a weekday · 22 car lots
  • Joo Koon Area (URA)271 m
    season S$90/month
  • Joo Koon Rd (URA)308 m
    S$0.60 per half-hour at midday on a weekday · 15 car lots
  • Joo Koon Crescent (URA)394 m
    S$0.60 per half-hour at midday on a weekday · 22 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 32 Joo Koon Road's own car park, if it has one, and its charges are not in the open data.

9

Who's registered at 32 Joo Koon Road?

Key takeaway5 live companies (and LLPs and branches; sole proprietors are not counted) list 32 Joo Koon Road as their registered address. These are registered businesses, not who occupies the space.
  • Construction
    2
  • Administrative and support services
    1
  • Wholesale and retail trade
    1
  • Professional, scientific and technical services
    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.

10

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$4.60 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$4.60 psm/mo
Observed range
S$3.31 – S$6.46

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.

11

Frequently asked questions about 32 Joo Koon Road

Where is 32 Joo Koon Road?⌄

32 Joo Koon Road is at 32 Joo Koon Road, Singapore 628985, in the Pioneer planning area.

What is 32 Joo Koon Road zoned as?⌄

32 Joo Koon Road is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at 32 Joo Koon 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 32 Joo Koon Road?⌄

32 Joo Koon Road is leasehold. About 14 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 32 Joo Koon Road sold for?⌄

Across 1 recorded transaction, the median is S$111 psf. The latest was in February 2011.

What does industrial space near 32 Joo Koon Road rent for?⌄

JTC's rental returns for Joo Koon Road put the median at about S$0.43 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Joo Koon Road, not a rent quoted for 32 Joo Koon Road itself.

What is the nearest MRT station to 32 Joo Koon Road?⌄

Joo Koon MRT is the closest, 790 m away (about a 12-minute walk).

How many businesses are registered at 32 Joo Koon Road?⌄

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

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