IndustrialBUSINESS 2LeaseholdDistrict 22 · Jurong East

Koon Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2010

Quick Summary

Koon Building 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. 1 transaction is on record since 1995, most recently in Sept 2010. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on Koon Building.

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What are the key facts about Koon Building?

Key takeawayKoon Building is a industrial building in District 22 · Jurong East, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 1.0
Tenure: Leasehold
District / Area: District 22 · Jurong East
Address: 17b Pandan Road
Land area: 13,979 sqm
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: 0

About Koon Building

Koon Building is an industrial building in Jurong East (District 22). It is located along Pandan Road, Singapore 609269.

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.

The site is leasehold, with about 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 13,979 sqm of land with roughly 7,250 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$50 psf. The most recent was in September 2010.

Across JTC's rental returns for Pandan Road, the median rent for industrial space on this street works out to about S$1.32 psf per month over 15 observations. Observed medians on the street span S$0.25 to S$2.05 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

1 industrial project is still uncompleted on this street, adding about 8,640 sqm of gross floor area, the earliest due around 2027.

The nearest port or airport land is about 1.1 km away. The closest business-park zone is about 2.8 km away. The closest bus stop (Opp Sia Huat) is 190 m away (about a 3-minute walk).

What is Koon Building zoned as?

Key takeawayKoon Building 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 →

What has Koon Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Sept 2010 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Sept 2010	Single-user Factory	S$7.50M	150,470 sqft	$50

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 Koon Building

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's been approved at Koon Building?

Key takeawayURA has approved 1 change of use at Koon Building since 2000, most recently in 2013. 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.

24 Mar 2025Approved
Additions & alterations
Proposed additions & alterations involving addition of walkway shelter to existing single user factory on lot 04958w mk 05 at 17b pandan road (jurong east planning area)
19 Feb 2025Approved
Additions & alterations
Proposed amendment to approved additions and alterations with racking shelving to the existing single-user factory development
12 Jun 2024Renewed
Continued use as ancillary workers' dormitory
Continued use of part of 2nd to 4th storey as ancillary workers' dormitory (229 workers) at the 4-storey factory block within the existing single-user factory development
6 Dec 2023Approved
Additions & alterations
Proposed additions and alterations with racking shelving to the existing single-user factory development
9 Mar 2023Approved
Additions & alterations
Proposed additions & alterations involving addition of walkway shelter to existing single user factory on lot 04958w mk 05 at 17b pandan road (jurong east planning area)
21 Nov 2019Renewed
Continued use as ancillary workers' dormitory of a 4-storey factory block
Continued use of part of 2nd to 4th storey from production & ancillary office to ancillary workers' dormitory of a 4-storey factory block within the existing single-user factory development(229 workers)
12 Sept 2017Approved
Additions & alterations
Proposed amendment to approved alteration & addition to waterfront development on lots 03457k and 04958w at mk05 at 19 and 17b pandan road
29 Sept 2016Approved
Additions & alterations
Proposed amendment to approved alteration & addition to waterfront development on lots 03457k and 04958w at mk05 at 19 and 17b pandan road
14 Jul 2016Renewed
Continued use as ancillary workers' dormitory of a 4-storey factory block
Continued use of part of 2nd to 4th storey from production & ancillary office to ancillary workers' dormitory of a 4-storey factory block within the existing single-user factory development (229 workers)
1 Oct 2015Approved
Additions & alterations
Proposed alterations and additions to waterfront development
16 Jul 2013Approved
Change of use: production & ancillary office → ancillary workers' dormitory of a 4-storey factory block
Proposed change of use of part of 2nd to 4th storey from production & ancillary office to ancillary workers' dormitory of a 4-storey factory block within the existing single-user factory development (229 workers)
20 Sept 2010Approved
Additions & alterations
Proposed addition & alteration of 1 unit 10t mobile shelter gantry crane, 1 unit 20t double girder gantry crane, walkway shelter to existing single-user factory building

2 earlier change-of-use and A&A decisions are 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).

What is near Koon Building?

Amenities nearby

Opp Sia Huat · 190 mPort / Airport · 1.1 kmOur West Coast Family Clinic · 1.2 kmEducational Institution · 1.3 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Koon Building

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Clementi, 2.3 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 39% of industrial buildings

no MRT/LRT within 1 km (nearest Clementi, 2.3 km); bus stops within 400 m: 3, about 636 taps a weekday; Jurong East: 62,478 resident workers (Census 2020, by workplace); about 467 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

3 bus stops within 400 m, with 636 boardings and alightings on an average weekday.

Public car parks within 500 m

Pandan Rd (URA)215 m
S$0.60 per half-hour at midday on a weekday · 91 car lots
Pandan Road Area (URA)395 m
season S$90/month

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

Who's registered at Koon Building?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list Koon Building as their registered address. These are registered businesses, not who occupies the space.

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$14.26 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$14.26 psm/mo
Observed range: S$2.68 – S$22.03
Pipeline on this street: 1 project · 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 Koon Building

Where is Koon Building?⌄

Koon Building is at 17B Pandan Road, Singapore 609269, in the Jurong East planning area.

What is Koon Building zoned as?⌄

Koon Building 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 Koon Building?⌄

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 Koon Building?⌄

Koon Building is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Koon Building sold for?⌄

Across 1 recorded transaction, the median is S$50 psf. The latest was in September 2010.

What does industrial space near Koon Building rent for?⌄

JTC's rental returns for Pandan Road put the median at about S$1.32 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Pandan Road, not a rent quoted for Koon Building itself.

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Read the figures right

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

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

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".

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 planning decisions, URA car park data (URA Data Service), 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.