Type

Units

Min Area

Price Range

Other

1192 sqft

S$3,224/mo

Property Highlights

Commercial development with 1 unit currently available.
Prices currently start from S$3,224.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$645 on this acquisition.
Located 17 min (1.41 km) from JW2 Tawas MRT Station (U/C).

Price Trends & Rental Yield

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Cleantech 3: Singapore's Premier Eco-Business Park for Innovation and Advanced Manufacturing

Cleantech 3 represents a landmark development within the burgeoning Jurong Innovation District, a carefully planned precinct designed to consolidate Singapore's advanced manufacturing and clean technology sectors. This eight-block laboratory facility, complemented by a dedicated office block, establishes itself as a flagship destination for businesses seeking purpose-built, flexible workspaces that accommodate everything from research and development through to manufacturing, prototyping, and technology demonstration. The development's strategic positioning within an emerging ecosystem makes it particularly attractive to companies looking to operate in proximity to like-minded innovators and industry peers.

The property achieves Green Mark Platinum certification, reflecting its commitment to sustainable design and operational efficiency. This distinction matters considerably for organisations with environmental credentials to uphold and for tenants and occupants who prioritise low-carbon operations. The development's architectural language and building services have been engineered to minimise energy consumption whilst maintaining the robust technical specifications demanded by precision manufacturing and laboratory work. Sustainability credentials increasingly influence both occupancy rates and rental premiums in the commercial sector, particularly within innovation-focused precincts.

Flexible Spatial Configurations and Technical Specifications

Cleantech 3 offers versatile unit sizes spanning from compact 561 sqft office modules through to expansive 2,590 sqft laboratory spaces, enabling businesses of varying scales to secure accommodation suited to their operational requirements. This breadth of offering ensures that early-stage startups, mid-market enterprises, and larger multinational teams can all find appropriate configurations without redundant space or undersized layouts. The flexi lab concept permits businesses to adapt their footprint as operations scale, reducing the friction typically associated with relocating entire operations.

Every laboratory block is equipped with a 4.3-metre ceiling height, accommodating tall equipment, overhead utilities, and manufacturing apparatus that would prove problematic in standard office structures. A 7.5 kilonewton per square metre floor loading capacity supports machinery and process equipment typical of advanced manufacturing environments. Power provisioning via 63-amp three-phase supply ensures that energy-intensive operations—ranging from precision machining through to prototype testing—receive reliable, dedicated electrical infrastructure. Dedicated cargo lift access (one per block) facilitates the movement of large equipment and materials, whilst dual passenger lift access per block ensures efficient people movement and operational continuity during peak hours.

Location Within Jurong Innovation District and Transport Connectivity

Cleantech 3's position within Jurong Innovation District places it at the heart of Singapore's emerging advanced manufacturing and clean technology ecosystem. The district itself forms part of Singapore's broader economic resilience strategy, intended to anchor high-value manufacturing, industrial innovation, and technology-driven enterprises within the western corridor. Being embedded within this precinct creates significant networking and supply-chain advantages for occupants, as complementary businesses, service providers, and research institutions concentrate within the same geographic footprint.

The future Tawas MRT station (Jurong West Line East, JW2 line), situated approximately 17 minutes' walk or roughly 1.41 kilometres away, will substantially enhance the development's accessibility upon completion. Although the station remains under construction, its eventual opening will provide direct rail connectivity to the broader MRT network, reducing commute times for staff and improving the site's attractiveness to potential occupants. The proximity to established primary road arteries—the Pan-Island Expressway (PIE) and Ayer Rajah Expressway (AYE)—ensures reliable vehicular access for goods inbound and outbound, customer visits, and daily commuting. The nearby bus stop (Bef Jln Bahar, ID 27169, approximately four minutes' walk) offers interim public transport options during the construction phase of the MRT station.

The development's location adjacent to Nanyang Technological University (NTU) creates natural collaborative advantages and facilitates knowledge transfer between academic research and industrial application. This proximity potentially unlocks access to NTU's research capabilities, student talent pools, and technology licensing opportunities—benefits particularly valuable for R&D-intensive businesses and advanced manufacturing enterprises.

Amenity Provision and Operational Support Infrastructure

Beyond laboratory and office space, Cleantech 3 incorporates a comprehensive range of on-site amenities designed to support both operational and wellbeing requirements. Meeting rooms and boardrooms cater to client presentations, internal conferences, and cross-company collaboration. A function hall accommodates larger gatherings, product launches, or industry events, providing occupants with flexible event space without requiring external venue hire. An on-site canteen streamlines meal provision for staff, reducing downtime and improving operational continuity during lengthy shifts or tight project deadlines. A dedicated gym facility supports employee wellness initiatives and work-life balance—increasingly important considerations for businesses seeking to attract and retain skilled talent in a competitive labour market. Retail space within the development provides convenience services and potentially generates passive income for the asset owner.

Suitability Across Industry Verticals and Operational Use Cases

The development's specifications and layout make it ideally suited to a diverse range of advanced manufacturing and innovation-focused use cases. Research and development operations benefit from the robust power, height, and load capacity, enabling prototype construction and testing within controlled environments. Urban solutions companies focusing on smart cities, sustainable infrastructure, and environmental technologies align naturally with the development's eco-business positioning. Advanced manufacturing enterprises requiring precision machinery, quality control laboratories, and assembly operations find purpose-built infrastructure that reduces retrofitting costs and accelerates operational deployment. Corporate offices and headquarters for technology-driven firms benefit from the development's sustainability credentials and innovation-district positioning, which reinforce brand narratives around environmental responsibility and forward-thinking operations.

Prototyping facilities, tabletop manufacturing and assembly operations, smart factory implementations, model factory showcases, industrial training centres, technology test-bedding facilities, and demonstration or technology showcasing spaces all align with Cleantech 3's core positioning. The flexibility inherent in the flexi lab concept permits businesses to pivot between these use cases as market conditions and strategic priorities evolve, without requiring wholesale relocation or expensive structural modifications.

Investment and Occupancy Outlook

As an institutional-quality asset within an emerging innovation cluster backed by government planning and infrastructure investment, Cleantech 3 represents a structurally sound investment for entities seeking long-term exposure to Singapore's advanced manufacturing sector. The Jurong Innovation District's continued development and the imminent completion of Tawas MRT station will progressively enhance the site's attractiveness to potential occupants and reinforce rental growth dynamics. The Green Mark Platinum certification provides a competitive differentiation that increasingly matters to multinational corporations with sustainability mandates and to Singapore's broader economic strategy, which increasingly emphasises green manufacturing and clean technology as drivers of future growth.

Prospective occupants should view Cleantech 3 not merely as workspace but as membership within an emerging ecosystem where knowledge sharing, supply-chain proximity, and collaborative innovation drive competitive advantage. The combination of technical specifications, flexible spatial offerings, and curated amenity provision positions the development to command premium occupancy rates and rental growth across economic cycles.

Frequently Asked Questions

What estimated rental yield might an investor expect from purchasing a unit at Cleantech 3 and leasing it out?

Institutional-grade commercial properties within emerging innovation districts typically generate annual rental yields ranging from 3% to 5%, depending on unit size, floor level, and tenant profile. Cleantech 3's positioning within the Jurong Innovation District, combined with its Green Mark Platinum certification and purpose-built specifications, positions it toward the higher end of this range for investors seeking long-term occupancy stability. The development's appeal to multinational corporations, R&D-focused enterprises, and advanced manufacturing firms—all typically offering stable, multi-year lease commitments—supports competitive rental income relative to stock in less specialised commercial precincts. However, yield realisation depends significantly on securing institutional-grade tenants willing to commit to extended lease terms at rates reflecting the premium specifications and location positioning. Investors should model conservative absorption timelines during the initial leasing phase, as pre-leasing may extend beyond immediate completion, particularly for larger laboratory blocks requiring bespoke tenant fit-outs.

How does the per-square-foot pricing at Cleantech 3 compare to recent transacted commercial properties in Jurong and the surrounding business parks?

Cleantech 3 commands per-square-foot rates reflective of purpose-built laboratory and innovation-focused commercial space, which typically trades at a premium to generic office or warehouse facilities. Similar eco-business park and innovation district properties in the Jurong corridor historically transact between SGD 8 to 12 per square foot for leasehold commercial units, with Green Mark Platinum-certified facilities at the premium end of this spectrum due to operational cost advantages and tenant appeal. The development's embedded specifications—including 4.3-metre ceiling height, robust floor loading, three-phase power, and dedicated cargo lift infrastructure—justify positioning within the upper quartile of local market comps. Transaction velocity in this sector remains relatively steady but selective, as these properties attract specialised end-users rather than generalist commercial investors. Investors evaluating Cleantech 3 should benchmark recent arm's-length transactions involving comparable laboratory blocks and flexi-workspace facilities, as generic office comps will understate value and desirability for advanced manufacturing and R&D use cases.

What Additional Buyer's Stamp Duty implications apply if I purchase a unit at Cleantech 3 as a second commercial property?

Additional Buyer's Stamp Duty (ABSD) applies at different rates depending on the property type and buyer profile. For a Singapore Citizen acquiring a second residential property, the ABSD rate is 20%; however, for commercial properties held as investments, the structure differs. Commercial property acquisitions incur ABSD at graduated rates based on the property value and whether the purchase constitutes a first or subsequent commercial holding. Specifically, a Singapore Citizen's second and subsequent commercial property acquisitions attract ABSD commencing at 5% for properties valued below SGD 180,000, scaling upward to 15% on properties valued above SGD 500,000. Cleantech 3 units, given their commercial classification and typical acquisition prices from SGD 600,000 upwards (depending on unit size), would trigger ABSD at the 15% rate for a second commercial property purchase by a Singapore Citizen. Companies and corporate entities purchasing Cleantech 3 units incur no ABSD, making corporate acquisition structures potentially more economical. Prospective buyers should factor ABSD into total acquisition costs and consider structuring purchase through a corporate vehicle if tax efficiency represents a material concern.

Does lease decay and tenure present any resale value risk for Cleantech 3 units?

Cleantech 3 operates under a leasehold tenure structure typical of JTC-administered business parks and innovation districts. The precise lease duration has not been publicly disclosed in available marketing materials, but JTC commercial leases typically operate on terms of 30 to 60 years from date of occupation, with renewal options subject to policy frameworks at time of renewal. Unlike residential leaseholds where sub-99-year tenure progressively erodes value, commercial leasehold properties maintain more resilient secondary market behaviour because tenants and investors typically evaluate remaining lease duration relative to operational planning horizons (typically 5 to 10 years for manufacturing and R&D operations). However, as units approach the final 10 to 15 years of their lease term, resale velocity may decelerate and capital values may compress as prospective buyers face uncertainty regarding renewal terms and conditions. Investors with extended holding horizons should clarify renewal mechanisms and any policy signals regarding post-expiry lease extensions with JTC prior to purchase. The commercial classification and innovation-district positioning provide some insulation from lease-decay dynamics that severely impact residential property, but long-term value preservation depends on clarity regarding tenure continuity and renewal pathways.

How will the upcoming Tawas MRT station opening affect demand and capital appreciation at Cleantech 3?

The future Tawas MRT station (Jurong West Line East) represents a material positive inflection point for Cleantech 3's medium to long-term value trajectory and occupancy appeal. Currently, the site operates approximately 17 minutes' walk from the future station, creating some accessibility friction; upon station opening, direct rail connectivity to the broader MRT network will substantially reduce commute time friction for staff and enhance the development's attractiveness to multinational corporations and large enterprises where employee commute times influence site selection decisions. Historical precedent suggests that commercial properties within 800 metres of newly opened MRT stations experience 8 to 15% capital appreciation within 12 to 24 months post-opening, with rental growth accelerating thereafter as occupier demand reflects improved accessibility. The Jurong Innovation District's positioning as a key economic corridor suggests that infrastructure investment (including Tawas MRT) reflects broader government commitment to the precinct's continued development and attractiveness. Investors holding Cleantech 3 units through the station opening period stand to benefit from both capital appreciation driven by improved accessibility and rental growth reflecting enhanced occupant demand. The timing of station opening (currently under construction with estimated completion in the mid-2020s) should factor into medium-term holding assumptions and exit strategies.

Which investor and occupier profiles are best suited to Cleantech 3, and what are the key considerations for each?

High-net-worth individuals (HNWIs) and family offices may view Cleantech 3 as a diversifying commercial real estate allocation, particularly if seeking exposure to innovation-focused assets with ESG credentials (Green Mark Platinum certification) and professional management backing. Their key consideration involves understanding tenure structure and renewal mechanisms to ensure long-term value preservation and capital appreciation, rather than near-term yield maximisation. Corporate occupiers—multinational advanced manufacturing enterprises, R&D-intensive technology firms, and sustainability-focused companies—represent the primary target market; they prioritise operational suitability, proximity to ecosystem partners, and brand alignment with green manufacturing and innovation narratives. These organisations evaluate Cleantech 3 primarily on technical fit and operational flexibility, with lease terms typically spanning 5 to 10 years. First-time commercial property investors may find the development attractive due to its institutional pedigree (JTC administration), but should carefully model tenant acquisition timelines and understand that yield realisation depends on successful leasing to quality occupants rather than immediate cash flow. Smaller investors should consider whether they possess the expertise and networks to engage institutional tenants; passive ownership requires professional property management and active market engagement. Property investment funds and REITs targeting commercial real estate portfolios align naturally with Cleantech 3's risk-return profile and operational scale.

What TDSR and financing headroom implications apply for typical acquisition prices at Cleantech 3?

Total Debt Service Ratio (TDSR) considerations for commercial property acquisition differ from residential contexts, as TDSR applies to residential property loans provided by local banks but is less restrictive for commercial acquisitions. A typical Cleantech 3 unit spanning 1,000 to 1,500 sqft may transact between SGD 700,000 to SGD 1,200,000, depending on floor level and final fit-out specifications. Commercial bank financing for such properties typically supports loan-to-value (LTV) ratios of 60% to 70%, requiring down-payments of 30% to 40% (SGD 210,000 to SGD 480,000 for a mid-range unit). At these price points, individual purchasers should maintain liquid reserves of at least 40% to 50% of the acquisition price to cover down-payment, stamp duty (typically 2% to 4% for commercial property), legal fees, and contingency reserves. Corporations acquiring Cleantech 3 units benefit from more flexible financing structures and may access property financing at LTV ratios extending to 75%, though corporate debt service capacity typically factors into TDSR-equivalent assessments by commercial lenders. Investors should engage financial advisors to model the full acquisition cost burden, including ABSD (if applicable), stamp duty, and professional fees, to ensure sufficient financing headroom relative to income and existing liabilities. Fixed-rate loan terms of 15 to 20 years are typical for commercial mortgages, extending affordability relative to shorter residential mortgage terms.

How does Cleantech 3 compete with nearby commercial developments and innovation parks in the Jurong corridor?

Cleantech 3 differentiates itself within the competitive Jurong commercial landscape through its purpose-built laboratory infrastructure, Green Mark Platinum certification, and explicit positioning as an advanced manufacturing and clean technology hub rather than generic office or light industrial space. Competing facilities in the broader Jurong corridor include traditional business parks offering generic office and warehouse space, which trade at lower per-square-foot rates but lack the specialised specifications (ceiling height, floor loading, three-phase power, cargo lift infrastructure) that advanced manufacturing and R&D operations demand. Proximity to Nanyang Technological University provides Cleantech 3 with a unique competitive advantage for enterprises seeking collaboration with academic research, talent recruitment from NTU's engineering and technology programmes, and access to technology licensing opportunities—benefits that generic office parks cannot replicate. Competing eco-business parks or Green Mark-certified facilities exist within Singapore's commercial landscape but are concentrated primarily in the central business district (CBD) and eastern corridor; Cleantech 3's positioning within the western Jurong corridor reduces direct competitive overlap and reinforces its positioning as the preferred destination for enterprises seeking innovation-focused space within the western region. Investors evaluating Cleantech 3 against competing developments should assess tenant pipeline strength, specialisation appeal, and infrastructure timing (Tawas MRT completion) rather than simply comparing headline rental rates across incomparable property types.

Which unit sizes and floor levels within Cleantech 3 offer the best value for different occupancy profiles?

Cleantech 3's range of available units—from 561 sqft office modules through to 2,590 sqft laboratory spaces—accommodates diverse occupancy profiles, each with distinct value considerations. Smaller office units (561 to 694 sqft) suit startup enterprises, design consultancies, and boutique professional services, offering affordability and flexibility to scale upward; these units typically command lower per-square-foot premiums and experience faster leasing velocity, benefiting investors seeking quicker occupancy stabilisation. Mid-sized flexi labs (approximately 1,000 to 1,500 sqft) represent the sweet spot for growth-stage advanced manufacturing and R&D operations, offering sufficient space for equipment, assembly lines, and team expansion without excessive redundancy; these units experience strong institutional demand and support rental growth consistent with broader market trends. Larger laboratory blocks (2,000 to 2,590 sqft) serve multinational enterprises with established manufacturing or R&D operations, commanding premium rental rates but potentially experiencing slower leasing cycles and requiring institutional-grade tenants capable of committing to extended terms. From a value perspective, mid-sized units (1,200 to 1,600 sqft) historically provide optimal balance between rental yield, leasing velocity, and capital appreciation potential. Lower floor levels (ground and first floors) facilitate goods inbound and equipment installation, potentially justifying modest rental premiums and supporting easier tenant acquisition; higher floors may appeal to corporate headquarters or premium office tenants but command lower per-sqft premiums relative to operational spaces. Investors should model per-sqft metrics across unit sizes and floors rather than assuming larger units automatically deliver superior returns.

What future supply pipeline exists for industrial and commercial space in the Jurong Innovation District, and how might this affect Cleantech 3 investment returns?

The Jurong Innovation District forms part of Singapore's broader economic diversification strategy, with significant government commitment to anchoring advanced manufacturing, clean technology, and high-value industrial operations within the western corridor. JTC, the government land authority administering industrial and commercial space, continues to develop and release new sites within the district to accommodate enterprise demand, suggesting a structured pipeline of competing supply over the medium to long term. Future releases may include additional eco-business parks, innovation hubs, and general industrial facilities, creating potential headwind pressure on rental growth rates if excess supply materialises relative to organic demand. However, the specialised nature of Cleantech 3's laboratory infrastructure and Green Mark Platinum positioning provides differentiation relative to generic industrial space; end-user demand for purpose-built R&D and advanced manufacturing facilities typically outpaces supply growth, supporting rental stability even amid broader district expansion. Government policy signals favouring manufacturing reinvestment and green technology development suggest that Jurong Innovation District will continue attracting high-calibre multinational enterprises and innovation-focused companies, supporting occupancy and rental growth sufficient to offset any general supply increases. Investors should monitor JTC land release schedules and development plans within the district to forecast competitive dynamics, but the existing strong fundamental demand, infrastructure investment (Tawas MRT), and policy backing suggest that Cleantech 3's long-term rental and capital growth prospects remain resilient even amid continued district development and supply releases.

Commercial At 3 Cleantech Loop — From S$3,224