TOP 2029
New Launch · D22 · Jurong

Gate+

Address TUKANG INNOVATION DRIVE
Gate+
Developer-supplied image; may be an artist's impression.
2029
TOP

Developer-supplied project information, as at 2026-11-01. Verify current pricing and availability before committing.

What the developer paid

Land cost

DeveloperFusion Property Pte. Ltd., BP-Innovue PTE. LTD.

PropNex Business Suite GLS & land-deal sheet, as at 2026-08-15. Breakeven is PropNex's own estimate, not a developer-disclosed figure — treat as directional.

The abnormality

How rare is this, really?

ClaimFigureWhere it holdsSource
Private-sector multi-user factory space vacancy was 7.6% in 2Q 2026, down 0.4 points from 8.0% the quarter before (SingStat).7.6%islandSingStat, available and vacant commercial/industrial space (private sector) [1] · as at 2026-11-01
Multi-user factory rents rose 29.0% over the 5 years to 2Q 2026, against 25.6% for all industrial space (SingStat, JTC index).29.0%islandSingStat, Rental Index of Industrial Space (JTC) [1] · as at 2026-11-01
Multi-user factory prices rose 32.8% over the 5 years to 2Q 2026, against 26.9% for all industrial space (SingStat, JTC index).32.8%islandSingStat, Price Index of Industrial Space (JTC) [1] · as at 2026-11-01
Freehold industrial land sold at $727 (Feb 2023) and $841 (May 2025) psf ppr; JTC leasehold industrial land sold at $208 (May 2023) and $300 (Nov 2024). That is 2 and 2 sites in different places, so read it as a range, not a like-for-like pair. Freehold range: $727-$841 psf ppr.$727-$841 psf pprislandSquare Foot Research / EdgeProp government land sales, as at 2026-10-01 · as at 2026-10-01 (indicative)
Average psf for industrial sales in D22 went from $267 to $423 (+58.43%) between 2020 and 2026, against $416 to $608 (+46.15%) for all districts. 2026 is a part-year. The averages mix ages and sizes.58.43%islandPropNex Investment Suite ProTrend, generated 30 Sep 2026 · as at 2026-09-30 (indicative)
New-sale industrial launches were priced at an average of $400 psf in 1995 and $726 psf in 2026 (+81.50%). This mainly reflects what each year's launches cost to build, land included, not growth in a unit you already own. Resale averaged $435 in 1995 and $595 in 2026 (+36.78%). 2026 is a part-year. The averages mix ages, locations and sizes.81.50%islandPropNex Investment Suite ProTrend, generated 30 Sep 2026 · as at 2026-09-30 (indicative)
In D22, new-sale industrial launches were priced at an average of $536 psf in 2020 and $600 psf in 2026 (+11.94%). This mainly reflects what each year's launches cost to build, land included, not growth in a unit you already own. Resale averaged $241 in 2020 and $332 in 2026 (+37.76%). 2026 is a part-year. The averages mix ages, locations and sizes.11.94%islandPropNex Investment Suite ProTrend, generated 30 Sep 2026 · as at 2026-09-30 (indicative)
D22 industrial vs All districts industrial
average $ psf. D22 industrial: $267 in 2020, $423 in 2026; All districts industrial: $416 in 2020, $608 in 2026D22 industrial$2672020$4232026All districts industrial$4162020$6082026
How to read this. Each pair of bars compares the average price per square foot in 2020 (gold) with 2026 (green) for that type of property; the longer bar is the higher average. average $ psf, bars start at zero so lengths are in proportion. Same figures as the table above. 2026 is a part-year.
New-sale industrial vs Resale industrial
average $ psf. New-sale industrial: $400 in 1995, $726 in 2026; Resale industrial: $435 in 1995, $595 in 2026New-sale industrial$4001995$7262026Resale industrial$4351995$5952026
How to read this. Each pair of bars compares the average price per square foot in 1995 (gold) with 2026 (green) for that type of property; the longer bar is the higher average. average $ psf, bars start at zero so lengths are in proportion. Same figures as the table above. 2026 is a part-year.
New-sale industrial, D22 vs Resale industrial, D22
average $ psf. New-sale industrial, D22: $536 in 2020, $600 in 2026; Resale industrial, D22: $241 in 2020, $332 in 2026New-sale industrial, D22$5362020$6002026Resale industrial, D22$2412020$3322026
How to read this. Each pair of bars compares the average price per square foot in 2020 (gold) with 2026 (green) for that type of property; the longer bar is the higher average. average $ psf, bars start at zero so lengths are in proportion. Same figures as the table above. 2026 is a part-year.

Figures are quoted or counted from the sources shown, at the narrowest scope they support -- never an unqualified 'only'.

The honest side

What could go against this?

  • JTC expects about 1.0 million sqm of new industrial space a year in 2027-2030, against average annual supply of 0.7 million sqm and demand of 0.6 million sqm over the past three years. (JTC Quarterly Market Report, 2Q 2026 [1], as at 2026-09-30)
  • Selling an industrial property within 3 years of buying it attracts Seller's Stamp Duty of 15%, 10% or 5% for a sale in year 1, 2 or 3 (IRAS), so plan to hold at least three years. (IRAS, Seller's Stamp Duty for industrial property (check current rates) [1], as at 2026-09-30)
  • Industrial land sold through JTC carries a "full 20 or 30-year intended lease term" (MTI, 10 Mar 2025); a 33-year lease is a 30-year term plus 3 years to build (JTC, 30 May 2025). (MTI and JTC releases (linked) [1] [2], as at 2026-09-30)

Listed so you hear it from me first. Each point is a sourced fact, not a prediction.

Before you view

Your 5-point Gate+ buyer's report

  1. Developer track record — past launches by this developer and how they've actually performed since
  2. Land cost — what the developer paid for this site, against how many bidders, and where that sits among recent GLS land prices
  3. Surrounding-project profitability — how nearby projects have performed since their own launch
  4. Supply-demand — projected new-launch supply for this area against absorption
  5. Predicted pricing — a pre-launch estimate from indicated pricing + this developer's past-launch pattern — an ESTIMATE, never the developer's actual number until they release it

I'll send it straight to WhatsApp — free, no obligation.

Send me the buyer's report & price list

Item 5 (predicted pricing) is a pre-launch ESTIMATE only — developers release actual pricing on launch day; this is not that number.

Before you decide

New-Launch Buyer's Report. A named report with your numbers — no pitch, no obligation.

Send me the New-Launch Buyer's Report

Questions people actually ask

Where is Gate+ and who is the developer?
Gate+ is in D22 Jurong, on Tukang Innovation Drive. Developer-supplied information as at 2026-11-01; confirm before committing.
What are the tenure, completion date and size of Gate+?
Developer-stated TOP: 2029. Developer-supplied information as at 2026-11-01; confirm before committing.
How do I get the price list for Gate+, and how do I know the advert is genuine?
Contact Andrea Goh, PropNex Realty Pte Ltd (CEA R000289H), on WhatsApp or call 9693 7787. Verify me: search 9693 7787 on the CEA Public Register. If an advert for this property shows a different number, it is not me.
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