IndustrialLeaseholdDistrict 22 · Tuas

Platinum @ Pioneer

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2023
Quick Summary

Platinum @ Pioneer is a industrial building in District 22 · Tuas. It is leasehold with roughly 18 years remaining. 2 transactions are on record since 1995, most recently in Aug 2023. ACRA records 1 live company registration at this address.

1

What are the key facts about Platinum @ Pioneer?

Key takeawayPlatinum @ Pioneer is a industrial building in District 22 · Tuas, held leasehold.
Asset class
Industrial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Leasehold
District / Area
District 22 · Tuas
Address
32d Tuas Avenue 11
Land area
—
Completed
2019 (JTC industrial completions)
Storeys
Not on record
Developer
Soon Hock Realty Pte Ltd (JTC industrial completions)
Strata units (MCST)
17
Managing agent
PHAMOUS HARMONY PROPERTY SERVICES PTE. LTD.
Strata formed
2021 (MCST 4697)
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
1
2

About Platinum @ Pioneer

Platinum @ Pioneer is an industrial estate in Tuas (District 22). It is located along Tuas Avenue 11, Singapore 638660.

The site is leasehold, with about 18 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

2 transactions have been recorded here, at a median of S$358 psf. The most recent was in August 2023.

Across JTC's rental returns for Tuas Avenue 11, the median rent for industrial space on this street works out to about S$1.41 psf per month over 37 observations. Observed medians on the street span S$0.57 to S$2.17 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

3

What has Platinum @ Pioneer sold for?

Key takeaway2 transactions are on record since 1995, most recently in Aug 2023 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2023Multiple-user FactoryS$2.25M7,050 sqft$319
Jul 2019Multiple-user FactoryS$2.85M7,169 sqft$398

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

4

What does space at Platinum @ Pioneer rent for?

Key takeawayNo rent is published for Platinum @ Pioneer itself. On its street, Tuas Avenue 11, strata factory space rented at a median of $1.79 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Tuas Avenue 11

Street level · 2026Q3
25th pct
—
— psm
Median
$1.79
$19.28 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +15.2% on a year earlier

2022Q4 · $15.81 psm2026Q3 · $19.28 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.

5

Market context around Platinum @ Pioneer

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.

6

What's been approved at Platinum @ Pioneer?

Key takeawayURA has approved 1 change of use at Platinum @ Pioneer since 2000, most recently in 2022. 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. 22 Apr 2026Approved
    Additions & alterations

    Proposed new isolation room at 3rd storey and proposed continued use of part 3rd storey production area to ancillary workers' dormitory (for 12 workers) on lot 05021m mk07 at 32d tuas avenue 11, platinum @ pioneer (tuas planning area)

  2. 22 Jun 2022Approved
    Additions & alterations

    Proposed additions & alterations to existing 3-storey terrace factory building and change of use of part 3rd storey production area to ancillary workers' dormitory (for 14 workers) on lot 05021m mk 07 at 32d tuas avenue 11, platinum @ pioneer (tuas planning area)

  3. 25 Mar 2022Approved
    Change of use: production unit → indoor farming

    Proposed change of use from production unit to indoor farming and proposed addition & alteration works at 32d (level 1 & 2) tuas avenue 11, platinum@pioneer mk07-05021m

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).

7

How does Tuas Avenue 11 price?

Key takeawayTuas Avenue 11's current JTC street rent is S$19.28 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 18.2% (16.4% net of property tax).
Strata sales on the street (5y)
52
Street median PSF (strata)
$123
Indicative street yield
18.2% gross
16.4% 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.

8

Who's registered at Platinum @ Pioneer?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list Platinum @ Pioneer as their registered address. These are registered businesses, not who occupies the space.
  • Construction
    1

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.

9

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$15.12 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$15.12 psm/mo
Observed range
S$6.09 – S$23.31

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 Platinum @ Pioneer

Where is Platinum @ Pioneer?⌄

Platinum @ Pioneer is at 32D Tuas Avenue 11, Singapore 638660, in the Tuas planning area.

What is the tenure of Platinum @ Pioneer?⌄

Platinum @ Pioneer is leasehold. About 18 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Platinum @ Pioneer sold for?⌄

Across 2 recorded transactions, the median is S$358 psf. The latest was in August 2023.

What does industrial space near Platinum @ Pioneer rent for?⌄

JTC's rental returns for Tuas Avenue 11 put the median at about S$1.41 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Tuas Avenue 11, not a rent quoted for Platinum @ Pioneer itself.

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