PropKaki
IndustrialBUSINESS 2LeaseholdDistrict 22 · Jurong West

Pioneer Centre

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2026
Quick Summary

Pioneer Centre 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 2.0. It is leasehold with roughly 14 years remaining. 682 transactions are on record since 1995, most recently in Jul 2026. 39 units are currently listed for sale or rent. ACRA records 800 live company registrations at this address.

The facts are here — now get the verdict on Pioneer Centre.Ask PropKaki
1

What are the key facts about Pioneer Centre?

Key takeawayPioneer Centre is a industrial building in District 22 · Jurong West, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.0
Tenure
Leasehold
District / Area
District 22 · Jurong West
Address
1 Soon Lee Street
Land area
18,959 sqm
Transactions on record
682 (records start 1995)
Live listings
39
ACRA registrations
800
2

About Pioneer Centre

Pioneer Centre is an industrial building in Jurong West (District 22). It is located along Soon Lee Street, Singapore 627605.

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

The site is leasehold, with about 14 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 18,959 sqm of land with roughly 37,918 sqm of gross floor area.

682 transactions have been recorded here, at a median of S$251 psf. The most recent was in July 2026.

Across JTC's rental returns for Soon Lee Street, the median rent for industrial space on this street works out to about S$1.83 psf per month over 52 observations. Observed medians on the street span S$1.62 to S$2.90 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 2.9 km away. The closest business-park zone is about 1.8 km away. The nearest MRT is Pioneer MRT, 555 m away (about a 9-minute walk). The closest bus stop (Soon Lee Depot) is 158 m away (about a 2-minute walk).

800 businesses are currently registered at this address with ACRA.

3

What is Pioneer Centre zoned as?

Key takeawayPioneer Centre sits on land zoned BUSINESS 2 with a gross plot ratio of 2.0.
Land-use zone
BUSINESS 2
Gross plot ratio
2.0

Run the full zoning report for this building →

4

What has Pioneer Centre sold for?

Key takeawayAcross 682 recorded transactions since 1995, the median price is about S$409k, most recently in Jul 2026.
DateUsePriceAreaPSF
Jul 2026Multiple-user FactoryS$585k1,485 sqft$394
Jun 2026Multiple-user FactoryS$695k1,755 sqft$396
May 2026Multiple-user FactoryS$365k1,485 sqft$246
Mar 2026Multiple-user FactoryS$402k1,485 sqft$271
Jan 2026Multiple-user FactoryS$595k1,485 sqft$401
Jan 2026Multiple-user FactoryS$455k1,701 sqft$268
Oct 2025Multiple-user FactoryS$416k1,485 sqft$280
Sept 2025Multiple-user FactoryS$390k1,485 sqft$263
Sept 2025Multiple-user FactoryS$412k1,496 sqft$275
Sept 2025Multiple-user FactoryS$408k1,690 sqft$241

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.

5

How does Soon Lee Street price?

Key takeawaySoon Lee Street's current JTC street rent is S$31.25 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 11.1% (10.0% net of property tax).
Strata sales on the street (5y)
358
Street median PSF (strata)
$303
Indicative street yield
11.1% gross
10.0% net of property tax

An INDICATIVE street-level yield, not a yield for any particular unit: the current-quarter JTC street rent divided by the street's strata sale PSF median.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What is available at Pioneer Centre right now?

Key takeaway39 units are currently listed at Pioneer Centre — 29 for sale and 10 for rent. One row per unit; several agents often market the same unit.

For sale (29)

  • Pioneer Centre2 agentsS$800k · 1,894 sqft
  • Pioneer CentreS$500k · 1,894 sqft
  • Pioneer Centre10 agentsS$400k · 1,485 sqft
  • Pioneer CentreS$488k · 1,701 sqft

For rent (10)

  • Pioneer Centre6 agentsS$4k/mo · 1,485 sqft
  • Pioneer Centre2 agentsS$5k/mo · 1,700 sqft
  • Pioneer Centre4 agentsS$4k/mo · 1,485 sqft
  • Pioneer Centre2 agentsS$4k/mo · 1,485 sqft

Browse every listing at this building →

7

What is near Pioneer Centre?

Key takeawayThe nearest MRT/LRT is Pioneer MRT, about 555 m away.

Getting around

Amenities nearby

Soon Lee Depot · 158 mPioneer Medicare · 162 mEducational Institution · 416 mPioneer MRT Exit A · 530 mJurong West Hawker Centre · 963 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Pioneer Centre?

Key takeawayACRA records 800 live company registrations at this address, 235 of them in the last three years.
Live registrations
800
Registered last 3 years
235

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.

9

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$19.71 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$19.71 psm/mo
Observed range
S$17.42 – S$31.25

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.

10

Frequently asked questions about Pioneer Centre

Where is Pioneer Centre?⌄

Pioneer Centre is at 1 Soon Lee Street, Singapore 627605, in the Jurong West planning area.

What is Pioneer Centre zoned as?⌄

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

What kind of business can operate at Pioneer Centre?⌄

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 Pioneer Centre?⌄

Pioneer Centre is leasehold. About 14 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Pioneer Centre sold for?⌄

Across 682 recorded transactions, the median is S$251 psf. The latest was in July 2026.

What does industrial space near Pioneer Centre rent for?⌄

JTC's rental returns for Soon Lee Street put the median at about S$1.83 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Soon Lee Street, not a rent quoted for Pioneer Centre itself.

What is the nearest MRT station to Pioneer Centre?⌄

Pioneer MRT is the closest, 555 m away (about a 9-minute walk).

How many businesses are registered at Pioneer Centre?⌄

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

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