IndustrialBUSINESS 2LeaseholdDistrict 22 · Pioneer

5 Joo Koon Way

Reviewed by Nathan TangUpdated 8 November 2026Data through Oct 2013

Quick Summary

5 Joo Koon Way 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 12 years remaining. 1 transaction is on record since 1995, most recently in Oct 2013. ACRA records 9 live company registrations at this address.

The facts are here — now get the verdict on 5 Joo Koon Way.

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What are the key facts about 5 Joo Koon Way?

Key takeaway5 Joo Koon Way 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: 5 Joo Koon Way
Land area: —
Completed: 2016 (JTC industrial completions)
Storeys: 5 (© OpenStreetMap contributors)
Developer: Utracon Structural Systems Pte Ltd (JTC industrial completions)
Estate (JTC): Jurong Industrial Estate
Transactions on record: 1 (records start 1995)
Live listings: None
ACRA registrations: 9

About 5 Joo Koon Way

5 Joo Koon Way is an industrial property in Pioneer (District 22). It is located along Joo Koon Way, Singapore 628944.

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 12 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$119 psf. The most recent was in October 2013.

Across JTC's rental returns for Joo Koon Way, the median rent for industrial space on this street works out to about S$1.35 psf per month over 1 observations. Observed medians on the street span S$1.35 to S$1.35 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 5.0 km away. The closest business-park zone is about 3.5 km away. The closest bus stop (Seng Heng Engrg) is 60 m away (about a 1-minute walk).

9 businesses are currently registered at this address with ACRA.

What is 5 Joo Koon Way zoned as?

Key takeaway5 Joo Koon Way 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 5 Joo Koon Way sold for?

Key takeaway1 transaction is on record since 1995, most recently in Oct 2013 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Oct 2013	Single-user Factory	S$9.10M	76,583 sqft	$119

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 5 Joo Koon Way

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 5 Joo Koon Way?

Amenities nearby

Seng Heng Engrg · 60 mDrs Koo, Fok & Associates Pte Ltd · 1.0 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 5 Joo Koon Way

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Joo Koon, 1.1 km away. 3 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 38% of industrial buildings

no MRT/LRT within 1 km (nearest Joo Koon, 1.1 km); bus stops within 400 m: 7, about 2,106 taps a weekday; Pioneer: 36,801 resident workers (Census 2020, by workplace); about 3 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

7 bus stops within 400 m, with 2,106 boardings and alightings on an average weekday.

Public car parks within 500 m

Joo Koon Rd (URA)165 m
S$0.60 per half-hour at midday on a weekday · 15 car lots
Joo Koon Way (URA)203 m
S$0.60 per half-hour at midday on a weekday · 22 car lots
Joo Koon Area (URA)347 m
season S$90/month

Public car parks only, by straight-line distance, with the operator's published rates. 5 Joo Koon Way's own car park, if it has one, and its charges are not in the open data.

Who's registered at 5 Joo Koon Way?

Key takeaway9 live companies (and LLPs and branches; sole proprietors are not counted) list 5 Joo Koon Way as their registered address. These are registered businesses, not who occupies the space.

Construction
4
Financial and insurance
4
Wholesale and retail trade
1
Manufacturing
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$14.56 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$14.56 psm/mo
Observed range: S$14.56 – S$14.56

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 5 Joo Koon Way

Where is 5 Joo Koon Way?⌄

5 Joo Koon Way is at 5 Joo Koon Way, Singapore 628944, in the Pioneer planning area.

What is 5 Joo Koon Way zoned as?⌄

5 Joo Koon Way 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 5 Joo Koon Way?⌄

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 5 Joo Koon Way?⌄

5 Joo Koon Way is leasehold. About 12 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 5 Joo Koon Way sold for?⌄

Across 1 recorded transaction, the median is S$119 psf. The latest was in October 2013.

What does industrial space near 5 Joo Koon Way rent for?⌄

JTC's rental returns for Joo Koon Way put the median at about S$1.35 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Joo Koon Way, not a rent quoted for 5 Joo Koon Way itself.

How many businesses are registered at 5 Joo Koon Way?⌄

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

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Read the figures right

Completion year: the first quarter JTC records a TOP (Temporary Occupation Permit) at this address. JTC lists major industrial projects (7,000 sqm and up) from 2013; where an older building stood on the site, this is the current building's year.

Developer: as named on JTC's completion record, often the project company rather than the listed group.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

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".

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

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 industrial completions, JTC estate boundaries, URA car park data (URA Data Service), PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — 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.