IndustrialBUSINESS PARKLeaseholdDistrict 22 · Jurong East

Techquest

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2005

Quick Summary

Techquest is a industrial building in District 22 · Jurong East, on land zoned BUSINESS PARK under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 2 transactions are on record since 1995, most recently in Jul 2005. ACRA records 1 live company registration at this address.

The facts are here — now get the verdict on Techquest.

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What are the key facts about Techquest?

Key takeawayTechquest is a industrial building in District 22 · Jurong East, zoned BUSINESS PARK, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS PARK
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 22 · Jurong East
Address: 7 International Business Park
Land area: 6,506 sqm
Completed: Not on record
Storeys: 5 (© OpenStreetMap contributors)
Owner: CapitaLand Ascendas REIT (SGX filings)
Net lettable area: 97,725 sq ft (the owner's annual report (as filed on SGX))
Land lease expires: 2055 (the owner's annual report (as filed on SGX))
Estate (JTC): International Business Park
Transactions on record: 2 (records start 1995)
Live listings: None
ACRA registrations: 1

Who owns Techquest, and what is it valued at?

Key takeawayTechquest is owned by CapitaLand Ascendas REIT, a REIT listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.

Valued at S$28.7 million as at 31 Dec 2025, by Knight Frank.

per CapitaLand Ascendas REIT's SGX filing, 5 Feb 2026

Earlier: S$27.8 million (31 Dec 2024) · S$27 million (31 Dec 2023) · S$26.4 million (31 Dec 2022)

Techquest: CapitaLand Ascendas REIT's annual report (2025)

Occupancy: 100% (as of 31 Dec 2025)
Land lease expires: 15 Jun 2055

per CapitaLand Ascendas REIT's annual report (SGX), 1 Apr 2026, page 107

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 Techquest

Techquest is an industrial building in Jurong East (District 22). It is located along International Business Park, Singapore 609919.

Under the URA Master Plan the site is zoned Business Park with a gross plot ratio of 2.5. Business Park zoning is for high-technology, R&D and knowledge-based activities rather than general industry.

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 6,506 sqm of land with roughly 9,382 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$104 psf. The most recent was in July 2005.

Across JTC's rental returns for International Business Park, the median rent for industrial space on this street works out to about S$4.16 psf per month over 104 observations. Observed medians on the street span S$1.80 to S$4.83 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 3.2 km away. The closest business-park zone is about 0 m away. The closest bus stop (Bef The Synergy) is 291 m away (about a 5-minute walk).

1 business is currently registered at this address with ACRA.

What is Techquest zoned as?

Key takeawayTechquest sits on land zoned BUSINESS PARK with a gross plot ratio of 2.5.

Land-use zone: BUSINESS PARK
Gross plot ratio: 2.5
Urban design area: Jurong Lake District Ud Area

Run the full zoning report for this building →

What has Techquest sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jul 2005 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Jul 2005	Business Park	S$7.50M	70,027 sqft	$107
Dec 2002	Business Park	S$7.00M	70,027 sqft	$100

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

What does space at Techquest rent for?

Key takeawayNo rent is published for Techquest itself. On its street, International Business Park, strata factory space rented at a median of $4.63 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 International Business Park

Street level · 2026Q3

25th pct

—

— psm

Median

$4.63

$49.80 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median -0.3% on a year earlier

2023Q4 · $48.47 psm2026Q3 · $49.80 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.

Market context around Techquest

Key takeawayBrokers' business park figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026

Business Park - Rest of Island: Rent S$3.55 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Business Park (Suburban): Rent S$3.55 psf/mth

Singapore Industrial MarketBeat Q2 2026

Official series (JTC, 2026Q3): Business Park occupancy (island-wide) 77.2% (+0.2 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.

What's been approved at Techquest?

Key takeawayURA's planning decisions at Techquest since 2000 are below. 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.

23 May 2023Approved
Additions & alterations
Proposed amendment and regularisation of gfa to approved addition & alteration works to existing 5-storey techquest building to add m&e rooms at basement carpark, extend bin centre at level 1 and add facade screening at level 3 to roof on lot 06864p mk 05, at no. 7 international business park
16 Dec 2021Approved
Additions & alterations
Proposed amendment and regularisation of gfa to approved addition & alteration works to existing 5-storey techquest building to add m&e rooms at basement carpark, extend bin centre at level 1 and add facade screening at level 3 to roof on lot 06864p mk 05, at no. 7 international business park
15 Jun 2021Approved
Additions & alterations
Proposed addition & alteration works to existing 5-storey techquest building to add m&e rooms at basement carpark, extend bin centre at level 1 and add facade screening at level 3 to roof on lot 06864p mk 05, at no. 7 international business park
3 Apr 2014Approved
Additions & alterations
Proposed addition and alteration works to existing 5-storey business park development with a basement carpark on lot 06864p mk05 at jurong east international business park/ off jurong town hall road (jurong east 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 near Techquest?

Amenities nearby

Business Park · 0 mBoston Medical · 205 mBef The Synergy · 291 mEducational Institution · 722 mJurong Community Hospital · 863 mBlk 37A Teban Gardens Road · 949 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Techquest

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Jurong East, 1.1 km away. 2 public car parks are within 500 m.

Foot traffic: busier than 58% of industrial buildings

no MRT/LRT within 1 km (nearest Jurong East, 1.1 km); bus stops within 400 m: 3, about 4,972 taps a weekday; Jurong East: 62,478 resident workers (Census 2020, by workplace); about 14,000 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.

Bus

3 bus stops within 400 m, with 4,972 boardings and alightings on an average weekday.

Public car parks within 500 m

Boon Lay Way Hvp (URA)204 m
Pandan Gardens (URA)497 m

Nearest URA season parking: Teban Gardens Crescent, 1.1 km away, S$90/month.

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

Who's registered at Techquest?

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

Information and communications
1
Wholesale and retail trade
0
Professional, scientific and technical services
0
Manufacturing
0
Financial and insurance
0
Electricity, gas and air-conditioning supply
0
Accommodation and food services
0
Administrative and support services
0
Education
0

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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$44.81 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$44.81 psm/mo
Observed range: S$19.38 – S$52.00

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.

Frequently asked questions about Techquest

Where is Techquest?⌄

Techquest is at 7 International Business Park, Singapore 609919, in the Jurong East planning area.

What is Techquest zoned as?⌄

Techquest is zoned Business Park under the URA Master Plan, with a gross plot ratio of 2.5. Business Park zoning is for high-technology, R&D and knowledge-based activities rather than general industry.

What is the tenure of Techquest?⌄

Techquest 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 Techquest sold for?⌄

Across 2 recorded transactions, the median is S$104 psf. The latest was in July 2005.

What does industrial space near Techquest rent for?⌄

JTC's rental returns for International Business Park put the median at about S$4.16 psf per month. That is a street-level figure from undated snapshots covering all industrial space on International Business Park, not a rent quoted for Techquest itself.

How many businesses are registered at Techquest?⌄

1 business is currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Owner: the REIT or SGX-listed company whose latest valuation notice or annual report lists this building (a later divestment removes it). '(N% interest)' or '(part of the strata)' when it holds less than the whole. A building with no listed owner shows none — a private owner is never named.

Net lettable area: as the owner's latest annual report prints it (sq m converted to sq ft where needed).

Land lease expiry: the year the owner's SGX filing prints for the land lease (state land; JTC for industrial).

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from JTC estate boundaries, the owner's SGX filings, the owner's annual report (as filed on SGX), URA car park data (URA Data Service), PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Owners, valuations and deals: the owners' own filings on SGX (notices of valuation of real assets, acquisition and divestment announcements, annual reports), facts only, each with its date.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.