PropKaki
IndustrialBUSINESS 2LeaseholdDistrict 22 · Jurong West

Pioneer Point

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

Pioneer Point 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. 492 transactions are on record since 1995, most recently in May 2026. 64 units are currently listed for sale or rent. ACRA records 770 live company registrations at this address.

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

What are the key facts about Pioneer Point?

Key takeawayPioneer Point 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
5 Soon Lee Street
Land area
17,041 sqm
Transactions on record
492 (records start 1995)
Live listings
64
ACRA registrations
770
2

About Pioneer Point

Pioneer Point is an industrial building in Jurong West (District 22). It is located along Soon Lee Street, Singapore 627607.

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 17,041 sqm of land with roughly 34,082 sqm of gross floor area.

492 transactions have been recorded here, at a median of S$368 psf. The most recent was in May 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 1.7 km away. The nearest MRT is Pioneer MRT, 435 m away (about a 7-minute walk). The closest bus stop (Opp Blk 655 CP) is 109 m away (about a 2-minute walk).

770 businesses are currently registered at this address with ACRA.

3

What is Pioneer Point zoned as?

Key takeawayPioneer Point 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 Point sold for?

Key takeawayAcross 492 recorded transactions since 1995, the median price is about S$370k, most recently in May 2026.
DateUsePriceAreaPSF
May 2026Multiple-user FactoryS$720k1,711 sqft$421
Feb 2026Multiple-user FactoryS$680k1,701 sqft$400
Jan 2026Multiple-user FactoryS$388k1,066 sqft$364
Jan 2026Multiple-user FactoryS$398k958 sqft$415
Dec 2025Multiple-user FactoryS$380k958 sqft$397
Dec 2025Multiple-user FactoryS$337k1,044 sqft$323
Nov 2025Multiple-user FactoryS$350k958 sqft$365
Nov 2025Multiple-user FactoryS$340k1,066 sqft$319
Nov 2025Multiple-user FactoryS$370k1,066 sqft$347
Nov 2025Multiple-user FactoryS$370k1,066 sqft$347

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 Point right now?

Key takeaway64 units are currently listed at Pioneer Point — 43 for sale and 21 for rent. One row per unit; several agents often market the same unit.

For sale (43)

  • Pioneer PointS$400k · 1,044 sqft
  • Pioneer PointS$750k · 1,755 sqft
  • Pioneer PointS$538k · 1,302 sqft
  • Pioneer Point4 agentsS$450k · 958 sqft

For rent (21)

  • Pioneer Point2 agentsS$3k/mo · 958 sqft
  • Pioneer PointS$3k/mo · 958 sqft
  • Pioneer Point3 agentsS$3k/mo · 958 sqft
  • Pioneer Point4 agentsS$4k/mo · 958 sqft

Browse every listing at this building →

7

What is near Pioneer Point?

Key takeawayThe nearest MRT/LRT is Pioneer MRT, about 435 m away.

Getting around

Amenities nearby

Opp Blk 655 CP · 109 mPioneer Medicare · 149 mEducational Institution · 258 mPioneer MRT Exit A · 417 mJurong West Hawker Centre · 835 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Pioneer Point?

Key takeawayACRA records 770 live company registrations at this address, 210 of them in the last three years.
Live registrations
770
Registered last 3 years
210

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 Point

Where is Pioneer Point?⌄

Pioneer Point is at 5 Soon Lee Street, Singapore 627607, in the Jurong West planning area.

What is Pioneer Point zoned as?⌄

Pioneer Point 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 Point?⌄

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 Point?⌄

Pioneer Point 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 Point sold for?⌄

Across 492 recorded transactions, the median is S$368 psf. The latest was in May 2026.

What does industrial space near Pioneer Point 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 Point itself.

What is the nearest MRT station to Pioneer Point?⌄

Pioneer MRT is the closest, 435 m away (about a 7-minute walk).

How many businesses are registered at Pioneer Point?⌄

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

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