Innovate 360
Innovate 360 is a industrial building in District 22 · Jurong West, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 24 years remaining. 1 transaction is on record since 1995, most recently in Aug 2024. 3 units are currently listed for sale. ACRA records 60 live company registrations at this address.
What are the key facts about Innovate 360?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 22 · Jurong West
- Address
- 9 Chin Bee Drive
- Land area
- 3,272 sqm
- Transactions on record
- 1 (records start 1995)
- Live listings
- 3
- ACRA registrations
- 60
About Innovate 360
Innovate 360 is an industrial building in Jurong West (District 22). It is located along Chin Bee Drive, Singapore 619860.
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 24 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 3,272 sqm of land with roughly 8,179 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$653 psf. The most recent was in August 2024.
Across JTC's rental returns for Chin Bee Drive, the median rent for industrial space on this street works out to about S$2.44 psf per month over 2 observations. Observed medians on the street span S$2.39 to S$2.48 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 2.5 km away. The closest business-park zone is about 1.7 km away. The nearest MRT is Boon Lay MRT, 897 m away (about a 14-minute walk). The closest bus stop (PB Packaging Systems) is 258 m away (about a 4-minute walk).
60 businesses are currently registered at this address with ACRA.
What is Innovate 360 zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
What has Innovate 360 sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Aug 2024 | Single-user Factory | S$23.00M | 35,214 sqft | $653 |
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.
What is available at Innovate 360 right now?
For sale (3)
- Food Factory Building @ Chin Bee4 agentsS$25.00M · 88,034 sqft
- Food Factory & Office @ Chin Bee2 agentsS$19.00M · 88,034 sqft
- Innovation 360 buildingS$26.00M · 35,220 sqft
What is near Innovate 360?
Getting around
- Boon Lay MRT897 m · ~14 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Innovate 360?
- Live registrations
- 60
- Registered last 3 years
- 31
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.
What does industrial space rent for on this street?
- Street rent, median
- S$26.24 psm/mo
- Observed range
- S$25.76 – S$26.72
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 Innovate 360
Where is Innovate 360?⌄
Innovate 360 is at 9 Chin Bee Drive, Singapore 619860, in the Jurong West planning area.
What is Innovate 360 zoned as?⌄
Innovate 360 is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
What kind of business can operate at Innovate 360?⌄
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 Innovate 360?⌄
Innovate 360 is leasehold. About 24 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at Innovate 360 sold for?⌄
Across 1 recorded transaction, the median is S$653 psf. The latest was in August 2024.
What does industrial space near Innovate 360 rent for?⌄
JTC's rental returns for Chin Bee Drive put the median at about S$2.44 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Chin Bee Drive, not a rent quoted for Innovate 360 itself.
What is the nearest MRT station to Innovate 360?⌄
Boon Lay MRT is the closest, 897 m away (about a 14-minute walk).
How many businesses are registered at Innovate 360?⌄
60 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on Innovate 360.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.