38m Penjuru Road

Asset class

Industrial

Land-use zone

BUSINESS 2

Gross plot ratio

2.5

Tenure

Leasehold

District / Area

District 22 · Jurong East

Address

38m Penjuru 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

13

38M Penjuru Road is an industrial property in Jurong East (District 22). It is located along Penjuru Road, Singapore 609148.

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 8 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$118 psf. The most recent was in August 2019.

Across JTC's rental returns for Penjuru Road, the median rent for industrial space on this street works out to about S$1.50 psf per month over 19 observations. Observed medians on the street span S$0.73 to S$4.83 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 213 m away. The closest business-park zone is about 2.8 km away. The closest bus stop (Ban Joo) is 570 m away (about a 9-minute walk).

14 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 2

Gross plot ratio

2.5

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.

Straight-line distances. Source: PropKaki amenities data.

• Wholesale and retail trade
  6
• Financial and insurance
  4
• Real estate
  1
• Transportation and storage
  1
• Other services
  1
• 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$16.15 psm/mo

Observed range

S$7.81 – S$52.00

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.