IndustrialBUSINESS 2Leasehold (term not parsed)District 22 · Jurong East

Cwt Logistics Hub 1

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2018
Quick Summary

Cwt Logistics Hub 1 is a industrial building in District 22 · Jurong East, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.0. It is leasehold (term not parsed). 1 transaction is on record since 1995, most recently in Jul 2018. ACRA records 41 live company registrations at this address.

1

What are the key facts about Cwt Logistics Hub 1?

Key takeawayCwt Logistics Hub 1 is a industrial building in District 22 · Jurong East, zoned BUSINESS 2, held leasehold (term not parsed).
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
1.0
Tenure
Leasehold (term not parsed)
District / Area
District 22 · Jurong East
Address
38 Tanjong Penjuru
Land area
34,885 sqm
Completed
Not on record
Storeys
2 (© OpenStreetMap contributors)
Owner
Mapletree Logistics Trust (SGX filings)
Net lettable area
375,230 sq ft (the owner's annual report (as filed on SGX))
Estate (JTC)
Jurong Industrial Estate
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
41
2

Who owns Cwt Logistics Hub 1, and what is it valued at?

Key takeawayCwt Logistics Hub 1 is owned by Mapletree Logistics Trust, 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.
38 Tanjong Penjuru
Valued at S$82.3 million as at 31 Mar 2026, by Savills Valuation and Professional Services (S) Pte Ltd.
38 Tanjong Penjuru: Mapletree Logistics Trust's annual report (2025)
Occupancy
100% (as of 31 Mar 2026)
Land tenure
30+14 years
Whole-building deals
  1. Announced 4 Jul 2018
    HSBC Institutional Trust Services (Singapore) Limited, in its capacity as trustee of MLT bought 38 Tanjong Penjuru for S$75 million (purchase consideration) from CWT Logistics (S) Pte. Ltd..

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 Cwt Logistics Hub 1

Cwt Logistics Hub 1 is an industrial building in Jurong East (District 22). It is located along Tanjong Penjuru, Singapore 609039.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

It sits on about 34,885 sqm of land with roughly 34,860 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$200 psf. The most recent was in July 2018.

Across JTC's rental returns for Tanjong Penjuru, the median rent for industrial space on this street works out to about S$0.99 psf per month over 5 observations. Observed medians on the street span S$0.32 to S$1.55 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 950 m away. The closest business-park zone is about 2.8 km away. The closest bus stop (Caltex S'pore) is 693 m away (about a 11-minute walk).

41 businesses are currently registered at this address with ACRA.

4

What is Cwt Logistics Hub 1 zoned as?

Key takeawayCwt Logistics Hub 1 sits on land zoned BUSINESS 2 with a gross plot ratio of 1.0.
Land-use zone
BUSINESS 2
Gross plot ratio
1.0

Run the full zoning report for this building →

5

What has Cwt Logistics Hub 1 sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jul 2018 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jul 2018WarehouseS$75.00M375,495 sqft$200

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

Market context around Cwt Logistics Hub 1

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.

7

What's been approved at Cwt Logistics Hub 1?

Key takeawayURA's planning decisions at Cwt Logistics Hub 1 since 2000 are below. 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. 16 Oct 2023Agency works
    Additions & alterations

    Replacement of existing damaged structure of the external staircase at lot 08 mk05 at 38 tanjong penjuru singapore 609039

  2. 21 Feb 2012Approved
    Additions & alterations

    Proposed additions and alterations to the existing 5-storey single-user warehouse development

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).

8

What is near Cwt Logistics Hub 1?

Amenities nearby

Caltex S'pore · 693 mPort / Airport · 950 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at Cwt Logistics Hub 1

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Clementi, 3.4 km away. 2 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 31% of industrial buildings

no MRT/LRT within 1 km (nearest Clementi, 3.4 km); no bus stop within 400 m; Jurong East: 62,478 resident workers (Census 2020, by workplace); about 1,067 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

No bus stop within 400 m.

Public car parks within 500 m

  • Tanjong Penjuru Cresce Nt (URA)352 m
    S$0.60 per half-hour at midday on a weekday · 11 car lots
  • Tanjong Penjuru Area (URA)453 m
    season S$90/month

Public car parks only, by straight-line distance, with the operator's published rates. Cwt Logistics Hub 1's own car park, if it has one, and its charges are not in the open data.

10

Who's registered at Cwt Logistics Hub 1?

Key takeaway41 live companies (and LLPs and branches; sole proprietors are not counted) list Cwt Logistics Hub 1 as their registered address. These are registered businesses, not who occupies the space.
  • Financial and insurance
    16
  • Transportation and storage
    11
  • Wholesale and retail trade
    7
  • Manufacturing
    2
  • Information and communications
    2
  • Administrative and support services
    2
  • Professional, scientific and technical services
    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.

11

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$10.69 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$10.69 psm/mo
Observed range
S$3.47 – S$16.68

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.

12

Frequently asked questions about Cwt Logistics Hub 1

Where is Cwt Logistics Hub 1?⌄

Cwt Logistics Hub 1 is at 38 Tanjong Penjuru, Singapore 609039, in the Jurong East planning area.

What is Cwt Logistics Hub 1 zoned as?⌄

Cwt Logistics Hub 1 is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at Cwt Logistics Hub 1?⌄

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 have units at Cwt Logistics Hub 1 sold for?⌄

Across 1 recorded transaction, the median is S$200 psf. The latest was in July 2018.

What does industrial space near Cwt Logistics Hub 1 rent for?⌄

JTC's rental returns for Tanjong Penjuru put the median at about S$0.99 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Tanjong Penjuru, not a rent quoted for Cwt Logistics Hub 1 itself.

How many businesses are registered at Cwt Logistics Hub 1?⌄

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

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