IndustrialBUSINESS PARK - WHITELeaseholdDistrict 22 · Jurong East

Creative Resource

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2008
Quick Summary

Creative Resource is a industrial building in District 22 · Jurong East, on land zoned BUSINESS PARK - WHITE under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 65 years remaining. 1 transaction is on record since 1995, most recently in May 2008. 10 units are currently listed for rent. ACRA records 22 live company registrations at this address.

1

What are the key facts about Creative Resource?

Key takeawayCreative Resource is a industrial building in District 22 · Jurong East, zoned BUSINESS PARK - WHITE, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS PARK - WHITE
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 22 · Jurong East
Address
31 International Business Park
Land area
23,852 sqm
Completed
Not on record
Storeys
6 (© OpenStreetMap contributors)
Owner
CapitaLand Ascendas REIT (SGX filings)
Net lettable area
527,377 sq ft (the owner's annual report (as filed on SGX))
Land lease expires
2054 (the owner's annual report (as filed on SGX))
Estate (JTC)
International Business Park
Listed as
Business / Science Park, Light Industrial (B1), Other Retail
Transactions on record
1 (records start 1995)
Live listings
10
ACRA registrations
22
2

Who owns Creative Resource, and what is it valued at?

Key takeawayCreative Resource is owned by CapitaLand Ascendas REIT, a REIT listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.
31 International Business Park
Valued at S$181.7 million as at 31 Dec 2025, by Knight Frank.
31 International Business Park: CapitaLand Ascendas REIT's annual report (2025)
Occupancy
36.8% (as of 31 Dec 2025)
Land lease expires
15 Dec 2054

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

3

About Creative Resource

Creative Resource is an industrial building in Jurong East (District 22). It is located along International Business Park, Singapore 609921.

Under the URA Master Plan the site is zoned Business Park - White with a gross plot ratio of 2.5.

The site is leasehold, with about 65 years left to run. It sits on about 23,852 sqm of land with roughly 59,630 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$929 psf. The most recent was in May 2008.

Across JTC's rental returns for International Business Park, the median rent for industrial space on this street works out to about S$4.16 psf per month over 104 observations. Observed medians on the street span S$1.80 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 3.1 km away. The closest business-park zone is about 0 m away. The nearest MRT is Jurong East MRT, 607 m away (about a 10-minute walk). The closest bus stop (Opp Intl Business Pk) is 241 m away (about a 4-minute walk).

22 businesses are currently registered at this address with ACRA.

4

What is Creative Resource zoned as?

Key takeawayCreative Resource sits on land zoned BUSINESS PARK - WHITE with a gross plot ratio of 2.5.
Land-use zone
BUSINESS PARK - WHITE
Gross plot ratio
2.5
Urban design area
Jurong Lake District Ud Area

Run the full zoning report for this building →

5

What has Creative Resource sold for?

Key takeaway1 transaction is on record since 1995, most recently in May 2008 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2008Business ParkS$246.80M265,746 sqft$929

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

6

What does space at Creative Resource rent for?

Key takeawayNo rent is published for Creative Resource itself. On its street, International Business Park, strata factory space rented at a median of $4.63 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on International Business Park

Street level · 2026Q3
25th pct
—
— psm
Median
$4.63
$49.80 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median -0.3% on a year earlier

2023Q4 · $48.47 psm2026Q3 · $49.80 psm median

This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.

Source: JTC J-SPACE, rental of industrial space by street.

7

Market context around Creative Resource

Key takeawayBrokers' business park figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026
  • Business Park - Rest of Island: Rent S$3.55 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Business Park (Suburban): Rent S$3.55 psf/mth
Singapore Industrial MarketBeat Q2 2026

Official series (JTC, 2026Q3): Business Park occupancy (island-wide) 77.2% (+0.2 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.

8

How fast units move at Creative Resource

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 10 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 2 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

9

What's been approved at Creative Resource?

Key takeawayURA has approved 6 changes of use at Creative Resource since 2000, most recently in 2024. 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. 8 Jul 2026RenewedFloor 1
    Continued use as industrial canteen

    Continued use of unit #01-XX as industrial canteen

  2. 31 Jul 2025RenewedFloor 7
    Continued use as fitness centre

    Continued use of business park unit #07-XX as fitness centre

  3. 26 Aug 2024ApprovedFloor 5
    Change of use: business park → child care centre

    Proposed change of use of unit #05-XX from business park to child care centre

  4. 8 May 2024RenewedFloor 7
    Continued use as fitness centre

    Continued use of business park unit #07-XX as fitness centre

  5. 22 Sept 2022ApprovedFloors 1, 5
    Change of use to business park

    Proposed change of use of units #01-XX, #01-XX and #05-XX to business park (r&d and manufacturing of high technology products using advanced processes) and ancillary office

  6. 28 Mar 2022ApprovedFloor 7
    Change of use: business park → gym/fitness centre

    Proposed change of use of unit #07-XX from business park to gym/fitness centre at 31 international business park

  7. 5 Jul 2021RenewedFloor 1
    Continued use as industrial canteen

    Continued use of unit #01-XX as industrial canteen at existing 8-storey business park development

  8. 17 Sept 2018RenewedFloor 1
    Continued use as industrial canteen

    Continued use of unit #01-XX as industrial canteen at existing 8-storey business park development

  9. 14 Aug 2015ApprovedFloors 1, 7
    Change of use to childcare centre

    Proposed change of use of #01-XX to childcare centre, #01-XX to industrial canteen and #07-XX to business park at existing 8-storey business park development on lot 08503l mk05 at 31 international business park

  10. 23 Oct 2013Approved
    Additions & alterations

    Proposed amendment to approved additions and alterations to existing 8 storey building on lot 08503l mk 5 at 31 international business park

  11. 5 Aug 2013Approved
    Change of use: corridor → business park unit, and part of business park unit to corridor

    Proposed change of use of part of 3rd storey from corridor to business park unit, and part of business park unit to corridor at existing 8 storey building - creative resource

  12. 2 May 2013Approved
    Additions & alterations

    Proposed additions and alterations to existing 8 storey building

1 earlier change-of-use and A&A decision is on record since 2000.

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).

10

What is available at Creative Resource right now?

Key takeaway10 units are currently listed at Creative Resource. One row per unit; several agents often market the same unit.

For rent (10)

  • Creative ResourceS$30k/mo · 8,000 sqft
  • Creative ResourceS$48k/mo · 12,357 sqft
  • 31 International Business ParkS$25k/mo · 6,284 sqft
  • International Business Park | Office Business Spaces | 1 -28ksfS$3k/mo · 1,140 sqft

Browse every listing at this building →

11

What is near Creative Resource?

Key takeawayThe nearest MRT/LRT is Jurong East MRT, about 607 m away.

Getting around

Amenities nearby

Business Park - White · 0 mDrs Bain & Partners · 170 mOpp Intl Business Pk · 241 mJurong Community Hospital · 393 mJurong East MRT Exit B · 547 mEducational Institution · 858 mBlk 37A Teban Gardens Road · 996 m

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at Creative Resource

Key takeawayThe nearest station is Jurong East (EW24 / NS1), 547 m away — one of the busiest stations, with about 144,000 taps in and out on an average weekday. No public car park we hold is within 500 m; the nearest is Boon Lay Way Hvp (URA), 569 m away; the nearest URA season parking is Teban Gardens Crescent, 845 m away (S$90/month).
Foot traffic: busier than 92% of industrial buildings

nearest MRT/LRT Jurong East (EW24/NS1) 547 m, about 144,000 taps a weekday; bus stops within 400 m: 8, about 14,000 taps a weekday; Jurong East: 62,478 resident workers (Census 2020, by workplace); about 12,000 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

  • Jurong East (EW24 / NS1)547 m · about 144,000 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 Creative Resource. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with about 14,000 boardings and alightings on an average weekday.

13

Who's registered at Creative Resource?

Key takeaway22 live companies (and LLPs and branches; sole proprietors are not counted) list Creative Resource as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    6
  • Construction
    4
  • Manufacturing
    2
  • Education
    2
  • Transportation and storage
    2
  • Health and social services
    2
  • Financial and insurance
    1
  • Information and communications
    1
  • Professional, scientific and technical services
    1
  • Arts, entertainment and recreation
    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.

14

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$44.81 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$44.81 psm/mo
Observed range
S$19.38 – 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.

15

Frequently asked questions about Creative Resource

Where is Creative Resource?⌄

Creative Resource is at 31 International Business Park, Singapore 609921, in the Jurong East planning area.

What is Creative Resource zoned as?⌄

Creative Resource is zoned Business Park - White under the URA Master Plan, with a gross plot ratio of 2.5.

What is the tenure of Creative Resource?⌄

Creative Resource is leasehold. About 65 years remain on the lease.

What have units at Creative Resource sold for?⌄

Across 1 recorded transaction, the median is S$929 psf. The latest was in May 2008.

What does industrial space near Creative Resource rent for?⌄

JTC's rental returns for International Business Park put the median at about S$4.16 psf per month. That is a street-level figure from undated snapshots covering all industrial space on International Business Park, not a rent quoted for Creative Resource itself.

What is the nearest MRT station to Creative Resource?⌄

Jurong East MRT is the closest, 607 m away (about a 10-minute walk).

How many businesses are registered at Creative Resource?⌄

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

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