38 Joo Koon Road

Asset class

Industrial

Land-use zone

BUSINESS 2

Gross plot ratio

1.4

Tenure

Leasehold

District / Area

District 22 · Pioneer

Address

38 Joo Koon Road

Land area

—

Completed

Not on record

Storeys

Not on record

Estate (JTC)

Jurong Industrial Estate

Transactions on record

2 (records start 1995)

Live listings

None

ACRA registrations

0

38 Joo Koon Road is an industrial property in Pioneer (District 22). It is located along Joo Koon Road, Singapore 628990.

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 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$114 psf. The most recent was in September 2021.

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 5.1 km away. The closest business-park zone is about 3.4 km away. The closest bus stop (Bef Joo Koon Way) is 134 m away (about a 2-minute walk).

Land-use zone

BUSINESS 2

Gross plot ratio

1.4

Run the full zoning report for this building →

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

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.

1. 22 Jun 2022Approved
   Additions & alterations

   Proposed additions & alterations to existing single user 2-storey industrial development on lot 00882l mk 07 at no 38 joo koon road (pioneer planning area)

2. 5 Nov 2012Agency works
   Additions & alterations

   Proposed additions & alterations to existing part single-storey/part 2-storey single-user factory

3. 3 Dec 2010Agency works
   Additions & alterations

   Proposed additions & alterations to existing part single-storey ' part 2-storey single-user factory

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).

Straight-line distances. Source: PropKaki amenities data.

• Manufacturing
  0
• Real estate
  0
• Professional, scientific and technical 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.

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.