URA kickstarts development of Jurong business district with launch of 6.5ha master developer site

URA kickstarts development of Jurong business district with launch of 6.5ha master developer site was reported by EdgeProp Singapore on 22 June 2023.

Based on URA’s estimate, the entire development site could yield at least 1.57 million sq ft of office space and approximately 1,700 residential units.

Why this matters for Singapore commercial property

The project may affect future office or retail supply, tenant choice and the competitive positioning of nearby commercial buildings. The story is relevant to businesses, landlords and investors comparing current market evidence before making leasing or acquisition decisions.

Key takeaways

• Market: Singapore office market

• Location: Jurong

• News date: 22 June 2023

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Source: EdgeProp Singapore, 22 June 2023