Thong Lee Warehouse

Asset class

Industrial

Land-use zone

BUSINESS 2

Gross plot ratio

1.4

Tenure

Leasehold

District / Area

District 22 · Pioneer

Address

—

Land area

5,856 sqm

Completed

Not on record

Storeys

Not on record

Estate (JTC)

Jurong Industrial Estate

Transactions on record

None recorded

Live listings

None

ACRA registrations

2

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

Thong Lee Warehouse is an industrial building in Pioneer (District 22). It is located along Gul Drive, Singapore 629463.

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 7 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 5,856 sqm of land with roughly 8,199 sqm of gross floor area.

Across JTC's rental returns for Gul Drive, the median rent for industrial space on this street works out to about S$0.34 psf per month over 7 observations. Observed medians on the street span S$0.17 to S$1.46 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

2 industrial projects are still uncompleted on this street, adding about 13,040 sqm of gross floor area, the earliest due around 2027.

The nearest port or airport land is about 4.4 km away. The closest business-park zone is about 3.7 km away. The closest bus stop (Asiatic Agricultural Ind) is 207 m away (about a 3-minute walk).

2 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 2

Gross plot ratio

1.4

Run the full zoning report for this building →

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. 8 May 2012Approved
   Additions & alterations

   Proposed additions and alterations to existing part 2-storey part 3-storey single user warehouse development

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).

Straight-line distances. Source: PropKaki amenities data.

• Wholesale and retail trade
  1
• Financial and insurance
  1
• Transportation and storage
  0
• Accommodation and food services
  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.

Street rent, median

S$3.71 psm/mo

Observed range

S$1.82 – S$15.71

Pipeline on this street

2 projects · earliest TOP 2027

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.