Pioneer Point

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

Completed

2014 (JTC industrial completions)

Storeys

Not on record

Developer

KNG Properties Pte Ltd (JTC industrial completions)

Strata units (MCST)

360

Managing agent

EXCELTEC PROPERTY MANAGEMENT PTE LTD

Strata formed

2014 (MCST 4080)

Units with a recorded sale

At least 331

Listed as

Factory / Workshop (B2), Office, Factory

Transactions on record

499 (records start 1995)

Live listings

61

ACRA registrations

657

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.

493 transactions have been recorded here, at a median of S$368 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 1.7 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.

Land-use zone

BUSINESS 2

Gross plot ratio

2.0

Run the full zoning report for this building →

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

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.

1. 4 Sept 2026ApprovedFloor 4
   Change of use to industrial training use

   Proposed change of use of unit #04-XX to industrial training use

2. 14 Jan 2026ApprovedFloor 4
   Change of use to industrial training use

   Proposed change of use of unit #04-XX to industrial training use at pioneer point

3. 29 Jul 2025RefusedFloor 1
   Change of use: industrial canteeen → minimart

   Proposed change of use of part #01-XX from industrial canteeen to minimart at pioneer point

4. 22 Jul 2025RenewedFloor 3
   Continued use as industrial training

   Continued use of factory unit #03-XX as industrial training

5. 17 Aug 2023RenewedFloor 5
   Continued use as industrial training

   Continued use of unit #05-XX as industrial training

6. 10 Dec 2021RenewedFloor 1
   Change of use

   Continued industrial canteen use at unit #01-XX at a block of 6-storey multiple-users general industrial building

7. 13 Aug 2020RenewedFloor 3
   Continued use as industrial training

   Continued use of factory unit #03-XX as industrial training

8. 17 Jul 2020ApprovedFloor 1
   Change of use to warehouse

   Proposed change of use of unit #01-XX to warehouse at pioneer point

9. 10 Jun 2020ApprovedFloor 5
   Change of use to industrial training

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

10. 21 Oct 2018RenewedFloor 1
    Change of use

    Continued industrial canteen use at unit #01-XX at a block of 6-storey multiple-users general industrial building

11. 25 Apr 2018ApprovedFloor 5
    Change of use to industrial training

    Proposed change of use of factory units #05-XX and #05-XX to industrial training on lot 04502k mk06 at 5 soon lee street - pioneer point (jurong west planning area)

12. 19 Jul 2017RenewedFloor 3
    Continued use as industrial training

    Continued use of factory unit #03-XX as industrial training

18 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).

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.

Browse every listing at this building →

Straight-line distances. Source: PropKaki amenities data.

• Manufacturing
  185
• Construction
  175
• Wholesale and retail trade
  113
• Professional, scientific and technical services
  49
• Other services
  38
• Transportation and storage
  32
• Administrative and support services
  25
• Information and communications
  13
• Financial and insurance
  11
• Accommodation and food services
  5

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.

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.