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Perennial Business City

Perennial Business City, a vibrant business hub featuring Singapore’s first-of-its-kind Energy-as-a-Service concept, is set to become the first sustainable super low energy business park in the Jurong Lake District, which is envisioned to be the largest commercial and regional centre outside of Singapore’s city centre.

Positioned as “A Visionary City Within a City”, Perennial Business City will cater to tenants from high-value industries, including infocommunications technology, biomedical sciences, fast-moving consumer goods and financial institutions. It is currently undergoing an over S$100 million redevelopment and will feature large floor plates, ample car parking spaces and a large rooftop garden.

Strategic Location
Strategically located at the heart of Jurong East within the Jurong Lake District, Perennial Business City enjoys excellent transport connectivity and is a five-minute sheltered walk to Jurong East MRT Interchange Station, which serves the North-South and East-West Lines and the upcoming Jurong Region Line, and the future Jurong East Integrated Transport Hub. It is also directly linked via an elevated pedestrian walkway to Ng Teng Fong General Hospital and Jurong Community Hospital, which will complement its potential biomedical sciences and healthcare tenants.

Measuring over 1 million sq ft in total net lettable area, Perennial Business City is expected to reduce its total building energy consumption by more than 40% and provide carbon abatement when it commences operations.

Perennial Business City has been awarded the Singapore's Building and Construction Authority Green Mark Platinum Super Low Energy accreditation for its sustainability features, such as solar energy technology, super-efficient chiller system, motion sensors and sensors for fresh air control. More than 1,800 solar panels will be installed on the roof of Perennial Business City, generating around 1,200 MWh per year – the equivalent of powering about 300 four-room flats. The solar panels will also reduce about 500 tonnes of annual carbon emissions. It will also feature ultraviolet germicidal irradiation system and offer the largest number of electric vehicle charging stations in a business park development in Singapore.

Property Information

Location 1 Venture Avenue, Singapore 608521
Description Business Park: 8 levels
Carpark: 1 basement level
Tenure 30 years, expiring on 22 March 2037
Effective Interest 63%
Land Area
(sq ft)
Gross Floor Area
(sq ft)
Status Target completion in 2023
  1. Based on maximum permissible gross floor area.

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