Precise One
Precise One is a industrial building in District 22 · Pioneer, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.4. It is leasehold. 3 transactions are on record since 1995, most recently in May 2011. 2 units are currently listed for rent. ACRA records 1 live company registration at this address.
What are the key facts about Precise One?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 1.4
- Tenure
- Leasehold
- District / Area
- District 22 · Pioneer
- Address
- 5,7 Gul Street 1
- Land area
- 7,318 sqm
- Completed
- Not on record
- Storeys
- Not on record
- Owner
- ESR REIT (SGX filings)
- Land lease expires
- 2037 (the owner's annual report (as filed on SGX))
- Estate (JTC)
- Jurong Industrial Estate
- Listed as
- Light Industrial (B1)
- Transactions on record
- 3 (records start 1995)
- Live listings
- 2
- ACRA registrations
- 1
Who owns Precise One, and what is it valued at?
- Land lease expires
- 30 Sep 2037
- Occupancy
- 69% (as of 31 Dec 2025)
- Land tenure
- Leasehold
- Announced 6 May 2011 · completed 15 Jul 2011RBC Dexia Trust Services Singapore Limited, in its capacity as trustee of CIT bought 5 & 7 Gul Street 1 for S$14.5 million (purchase price) from Precise Industries Pte Ltd.
Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.
About Precise One
Precise One is an industrial property in Pioneer (District 22). It is located along Gul Street 1, Singapore 629318.
Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
The site is leasehold, with about 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 7,318 sqm of land with roughly 10,246 sqm of gross floor area.
3 transactions have been recorded here, at a median of S$7 psf. The most recent was in May 2011.
The nearest port or airport land is about 4.8 km away. The closest business-park zone is about 4.0 km away. The nearest MRT is Gul Circle MRT, 966 m away (about a 15-minute walk). The closest bus stop (Bef Gul St 1) is 127 m away (about a 2-minute walk).
1 business is currently registered at this address with ACRA.
What is Precise One zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 1.4
What has Precise One sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| May 2011 | Single-user Factory | S$14.50M | 78,776 sqft | $184 |
| Sept 2006 | Single-user Factory | S$450k | 78,776 sqft | $6 |
| May 2004 | Single-user Factory | S$520k | 78,776 sqft | $7 |
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
Market context around Precise One
- 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
- 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
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.
How fast units move at Precise One
Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 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.
What's been approved at Precise One?
- 23 Oct 2010Agency worksAdditions & alterations
Proposed addition & alteration to an existing part single-storey and part four-storey single user industrial building with ancillary office storey on lot 325a (plot a2340500) mk 7 at 5 & 7 gulstreet 1 (pioneer planning area)
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).
What is available at Precise One right now?
For rent (2)
- 5 Gul Street 1S$7k/mo · 3,739 sqft
- 5 Gul Street 1S$12k/mo · 6,496 sqft
What is near Precise One?
Getting around
- Gul Circle MRT966 m · ~15 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Precise One
nearest MRT/LRT Gul Circle (EW30) 966 m, about 9,801 taps a weekday; bus stops within 400 m: 3, about 938 taps a weekday; Pioneer: 36,801 resident workers (Census 2020, by workplace); about 0 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
- Gul Circle (EW30)966 m · 9,801 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 Precise One. Transfers between lines don't tap, so interchanges read low.
Bus
3 bus stops within 400 m, with 938 boardings and alightings on an average weekday.
Public car parks within 500 m
- Gul St 2 (URA)104 mS$0.60 per half-hour at midday on a weekday · 4 car lots
- Gul St 1 (URA)127 mS$0.60 per half-hour at midday on a weekday · 4 car lots
- Gul Drive (URA)167 mS$0.60 per half-hour at midday on a weekday · 39 car lots
- Gul St 3 (URA)263 mS$0.60 per half-hour at midday on a weekday · 14 car lots
- Gul Ave (URA)423 mS$0.60 per half-hour at midday on a weekday · 45 car lots
Nearest URA season parking: Joo Koon Area, 695 m away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. Precise One's own car park, if it has one, and its charges are not in the open data.
Who's registered at Precise One?
- Wholesale and retail trade1
- Professional, scientific and technical services0
- Construction0
- Manufacturing0
- Administrative and support services0
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.
Frequently asked questions about Precise One
Where is Precise One?⌄
Precise One is at 5,7 Gul Street 1, Singapore 629318, in the Pioneer planning area.
What is Precise One zoned as?⌄
Precise One is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
What kind of business can operate at Precise One?⌄
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 Precise One?⌄
Precise One is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at Precise One sold for?⌄
Across 3 recorded transactions, the median is S$7 psf. The latest was in May 2011.
What is the nearest MRT station to Precise One?⌄
Gul Circle MRT is the closest, 966 m away (about a 15-minute walk).
How many businesses are registered at Precise One?⌄
1 business is currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on Precise One.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.