IndustrialBUSINESS 2999-year leaseholdDistrict 22 · Pioneer

40 Gul Drive

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2007

Quick Summary

40 Gul Drive 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 999-year leasehold. 1 transaction is on record since 1995, most recently in May 2007. ACRA records 4 live company registrations at this address.

The facts are here — now get the verdict on 40 Gul Drive.

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What are the key facts about 40 Gul Drive?

Key takeaway40 Gul Drive is a industrial building in District 22 · Pioneer, zoned BUSINESS 2, held 999-year leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 1.4
Tenure: 999-year leasehold
District / Area: District 22 · Pioneer
Address: 40 Gul Drive
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: 4

About 40 Gul Drive

40 Gul Drive is an industrial property in Pioneer (District 22). It is located along Gul Drive, Singapore 629488.

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 999-year leasehold, with about 942 years left to run.

1 transaction has been recorded here, at a median of S$94 psf. The most recent was in May 2007.

Across JTC's rental returns for Gul Drive, the median rent for industrial space on this street works out to about S$0.34 psf per month over 7 observations. Observed medians on the street span S$0.17 to S$1.46 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

2 industrial projects are still uncompleted on this street, adding about 13,040 sqm of gross floor area, the earliest due around 2027.

The nearest port or airport land is about 5.0 km away. The closest business-park zone is about 4.2 km away. The nearest MRT is Gul Circle MRT, 767 m away (about a 12-minute walk). The closest bus stop (Aft Gul St 3) is 255 m away (about a 4-minute walk).

4 businesses are currently registered at this address with ACRA.

What is 40 Gul Drive zoned as?

Key takeaway40 Gul Drive 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 →

What has 40 Gul Drive sold for?

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

Date	Use	Price	Area	PSF
May 2007	Single-user Factory	S$1.60M	17,095 sqft	$94

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

Market context around 40 Gul Drive

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 40 Gul Drive?

Key takeawayThe nearest MRT/LRT is Gul Circle MRT, about 767 m away.

Getting around

Gul Circle MRT767 m · ~12 min

Amenities nearby

Aft Gul St 3 · 255 mGul Circle MRT Exit A · 764 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 40 Gul Drive

Key takeawayThe nearest station is Gul Circle (EW30), 764 m away — a quiet station, with 9,801 taps in and out on an average weekday. 7 public car parks are within 500 m.

Foot traffic: busier than 46% of industrial buildings

nearest MRT/LRT Gul Circle (EW30) 764 m, about 9,801 taps a weekday; bus stops within 400 m: 3, about 910 taps a weekday; Pioneer: 36,801 resident workers (Census 2020, by workplace); about 0 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

Gul Circle (EW30)764 m · 9,801 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 40 Gul Drive. Transfers between lines don't tap, so interchanges read low.

Bus

3 bus stops within 400 m, with 910 boardings and alightings on an average weekday.

Public car parks within 500 m

Gul St 3 (URA)86 m
S$0.60 per half-hour at midday on a weekday · 14 car lots
Gul St 2 (URA)166 m
S$0.60 per half-hour at midday on a weekday · 4 car lots
Gul St 1 (URA)184 m
S$0.60 per half-hour at midday on a weekday · 4 car lots
Gul St 4 (URA)215 m
S$0.60 per half-hour at midday on a weekday · 10 car lots
Gul Drive (URA)245 m
S$0.60 per half-hour at midday on a weekday · 39 car lots

Nearest URA season parking: Joo Koon Area, 936 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 40 Gul Drive's own car park, if it has one, and its charges are not in the open data.

Who's registered at 40 Gul Drive?

Key takeaway4 live companies (and LLPs and branches; sole proprietors are not counted) list 40 Gul Drive as their registered address. These are registered businesses, not who occupies the space.

Manufacturing
1
Wholesale and retail trade
1
Water supply, sewerage and waste management
1
Professional, scientific and technical services
1
Other 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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$3.71 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$3.71 psm/mo
Observed range: S$1.82 – S$15.71
Pipeline on this street: 2 projects · earliest TOP 2027

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 40 Gul Drive

Where is 40 Gul Drive?⌄

40 Gul Drive is at 40 Gul Drive, Singapore 629488, in the Pioneer planning area.

What is 40 Gul Drive zoned as?⌄

40 Gul Drive 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 40 Gul Drive?⌄

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 40 Gul Drive?⌄

40 Gul Drive is 999-year leasehold. About 942 years remain on the lease.

What have units at 40 Gul Drive sold for?⌄

Across 1 recorded transaction, the median is S$94 psf. The latest was in May 2007.

What does industrial space near 40 Gul Drive rent for?⌄

JTC's rental returns for Gul Drive put the median at about S$0.34 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Gul Drive, not a rent quoted for 40 Gul Drive itself.

What is the nearest MRT station to 40 Gul Drive?⌄

Gul Circle MRT is the closest, 767 m away (about a 12-minute walk).

How many businesses are registered at 40 Gul Drive?⌄

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

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

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), LTA DataMall passenger volumes, 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.