IndustrialBUSINESS 2LeaseholdDistrict 22 · Jurong West

Pioneer Junction

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2026
Quick Summary

Pioneer Junction 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 15 years remaining. 310 transactions are on record since 1995, at a median S$341 psf, most recently in Sept 2026. 47 units are currently listed for sale or rent. ACRA records 725 live company registrations at this address.

1

What are the key facts about Pioneer Junction?

Key takeawayPioneer Junction 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
3 Soon Lee Street
Land area
14,439 sqm
Completed
2014 (per EdgeProp listings)
Storeys
7 (© OpenStreetMap contributors)
Strata units (MCST)
232
Managing agent
CORPORATE VISIONS PTE LTD
Strata formed
2013 (MCST 3981)
Units with a recorded sale
At least 204
Listed as
Factory / Workshop (B2), Light Industrial (B1), Office
Transactions on record
310 (records start 1995)
Live listings
47
ACRA registrations
725
2

About Pioneer Junction

Pioneer Junction is an industrial building in Jurong West (District 22). It is located along Soon Lee Street, Singapore 627606.

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 15 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 14,439 sqm of land with roughly 28,878 sqm of gross floor area.

308 transactions have been recorded here, at a median of S$341 psf. The most recent was in August 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 3.0 km away. The closest business-park zone is about 1.6 km away. The nearest MRT is Pioneer MRT, 413 m away (about a 6-minute walk). The closest bus stop (Pioneer Junction) is 65 m away (about a 1-minute walk).

780 businesses are currently registered at this address with ACRA.

3

What is Pioneer Junction zoned as?

Key takeawayPioneer Junction 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 Junction sold for?

Key takeawayAcross 310 recorded transactions since 1995, the median price is about S$407k, most recently in Sept 2026.
DateUsePriceAreaPSF
Sept 2026Multiple-user FactoryS$788k1,916 sqft$411
Sept 2026Multiple-user FactoryS$355k1,324 sqft$268
Aug 2026Multiple-user FactoryS$342k1,087 sqft$314
Jul 2026Multiple-user FactoryS$388k1,421 sqft$273
May 2026Multiple-user FactoryS$318k1,238 sqft$257
Apr 2026Multiple-user FactoryS$790k2,034 sqft$388
Feb 2026Multiple-user FactoryS$350k1,399 sqft$250
Oct 2025Multiple-user FactoryS$885k2,347 sqft$377
Oct 2025Multiple-user FactoryS$690k1,916 sqft$360
Oct 2025Multiple-user FactoryS$345k1,098 sqft$314

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

5

What does space at Pioneer Junction rent for?

Key takeawayJTC publishes leases at Pioneer Junction itself: strata factory space leased at a median of $2.43 psf a month in 2026Q3, with the middle half of leases between $2.30 and $2.73. That is the building's figure across its leases, and never a quote for a particular unit.

Strata factory space in this building

This building · 2026Q3
25th pct
$2.30
$24.77 psm
Median
$2.43
$26.16 psm
75th pct
$2.73
$29.38 psm

S$ per sq ft per month · median -2.8% on a year earlier

2023Q4 · $23.95 psm2026Q3 · $26.16 psm median

JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.

Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.

Strata factory space on Soon Lee Street

Street level · 2026Q3
25th pct
—
— psm
Median
$2.64
$28.41 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +4.4% on a year earlier

2023Q4 · $26.71 psm2026Q3 · $28.41 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.

6

Market context around Pioneer Junction

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

How fast units move at Pioneer Junction

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 14 units for rent; 33 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 6 new listings appeared and 5 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 6 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.

8

What's been approved at Pioneer Junction?

Key takeawayURA has approved 37 changes of use at Pioneer Junction since 2000, most recently in 2025, and refused 8. 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. 9 Sept 2026RenewedFloor 1
    Continued use as medical clinic

    Continued use of part unit #01-XX as medical clinic

  2. 30 Jul 2026RenewedFloor 4
    Continued use as industrial training

    Continued use of unit #04-XX as industrial training

  3. 22 Jan 2026RefusedFloor 1
    Change of use: factory → minimart use

    Proposed change of use of unit #01-XX from factory to minimart use at pioneer junction

  4. 15 Oct 2025RenewedFloor 2
    Change of use

    Continued use of factory unit #02-XX for industrial training

  5. 30 Sept 2025RefusedFloor 1
    Change of use: factory → industrial canteen

    Proposed change of use of unit #01-XX from factory to industrial canteen at pioneer junction

  6. 21 Aug 2025RenewedFloor 5
    Continued use as e-business use

    Continued use of unit #05-XX as e-business use (software development)

  7. 5 May 2025ApprovedFloor 1
    Change of use to industrial training

    Proposed change of use of unit #01-XX to industrial training

  8. 28 Apr 2025RenewedFloor 1
    Continued use as industrial training

    Continued use of unit #01-XX as industrial training

  9. 28 Apr 2025RenewedFloor 4
    Continued use as industrial training use

    Continued use of units #04-XX and #04-XX as industrial training use

  10. 28 Apr 2025RenewedFloor 4
    Continued use as industrial training

    Continued use of general industral unit #04-XX as industrial training

  11. 14 Apr 2025ApprovedFloor 5
    Change of use to industrial training

    Proposed change of use of unit #05-XX pioneer junction to industrial training

  12. 11 Mar 2025RefusedFloor 1
    Change of use to supermarket

    Proposed change of use of unit #01-XX to supermarket

65 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).

9

How does Soon Lee Street price?

Key takeawaySoon Lee Street's current JTC street rent is S$28.41 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 10.1% (9.1% net of property tax).
Strata sales on the street (5y)
347
Street median PSF (strata)
$305
Indicative street yield
10.1% gross
9.1% 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.

10

What is available at Pioneer Junction right now?

Key takeaway47 units are currently listed at Pioneer Junction — 33 for sale and 14 for rent. One row per unit; several agents often market the same unit.

For sale (33)

  • Pioneer JunctionS$399k · 1,324 sqft
  • Pioneer JunctionS$737k · 2,347 sqft
  • Pioneer JunctionS$458k · 1,507 sqft
  • Pioneer JunctionS$390k · 1,141 sqft

For rent (14)

  • Pioneer JunctionS$5k/mo · 2,163 sqft
  • Pioneer JunctionS$3k/mo · 1,324 sqft
  • Pioneer Junction2 agentsS$650/mo · 90 sqft
  • Pioneer Junction2 agentsS$3k/mo · 1,270 sqft

Browse every listing at this building →

11

What is near Pioneer Junction?

Key takeawayThe nearest MRT/LRT is Pioneer MRT, about 413 m away.

Getting around

Amenities nearby

Pioneer Medicare · 11 mPioneer Junction · 65 mEducational Institution · 324 mPioneer MRT Exit A · 386 mJurong West Hawker Centre · 822 m

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at Pioneer Junction

Key takeawayThe nearest station is Pioneer (EW28), 386 m away — a busy station, with about 66,000 taps in and out on an average weekday. 6 public car parks are within 500 m.
Foot traffic: busier than 91% of industrial buildings

nearest MRT/LRT Pioneer (EW28) 386 m, about 66,000 taps a weekday; bus stops within 400 m: 10, about 16,000 taps a weekday; Jurong West: 45,571 resident workers (Census 2020, by workplace); about 48,000 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

  • Pioneer (EW28)386 m · about 66,000 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 Pioneer Junction. Transfers between lines don't tap, so interchanges read low.

Bus

10 bus stops within 400 m, with about 16,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 655 Jurong West Street 61 (HDB)182 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 786 car lots
  • Blk 990 Jurong West Street 93 (HDB)235 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.1 m · 1,302 car lots
  • Blk 651 Jurong West Street 61 (HDB)356 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 459 car lots
  • Blk 991A/B, 992A/B, Upper Jurong Road Upper Jurong Road (HDB)420 m
    no short-term parking · gantry 4.5 m · 8 car lots
  • Blk 657 Jurong West Street 65 (HDB)448 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 917 car lots

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Neythal Rd, 1.2 km away, S$90/month.

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

13

Who's registered at Pioneer Junction?

Key takeaway725 live companies (and LLPs and branches; sole proprietors are not counted) list Pioneer Junction as their registered address. These are registered businesses, not who occupies the space.
  • Construction
    165
  • Manufacturing
    128
  • Wholesale and retail trade
    118
  • Professional, scientific and technical services
    90
  • Transportation and storage
    57
  • Administrative and support services
    42
  • Information and communications
    39
  • Accommodation and food services
    26
  • Financial and insurance
    20
  • Other services
    17

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$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.

15

Frequently asked questions about Pioneer Junction

Where is Pioneer Junction?⌄

Pioneer Junction is at 3 Soon Lee Street, Singapore 627606, in the Jurong West planning area.

What is Pioneer Junction zoned as?⌄

Pioneer Junction 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 Junction?⌄

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 Junction?⌄

Pioneer Junction is leasehold. About 15 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Pioneer Junction sold for?⌄

Across 308 recorded transactions, the median is S$341 psf. The latest was in August 2026.

What does industrial space near Pioneer Junction 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 Junction itself.

What is the nearest MRT station to Pioneer Junction?⌄

Pioneer MRT is the closest, 413 m away (about a 6-minute walk).

How many businesses are registered at Pioneer Junction?⌄

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

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