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Perennial Business City

Perennial Business City is a business park strategically located at the heart of Jurong East within the Jurong Lake District, which is envisioned to be the largest commercial and regional centre outside of Singapore’s city centre. It will feature Singapore’s first-of-its-kind Energy-as-a-Service concept and is set to become the first sustainable super low energy business park in the Jurong Lake District.

Measuring over 1 million square feet in total net lettable area, Perennial Business City is expected to reduce its total building energy consumption by more than 40% when it commences operations progressively from 2022, bringing value to stakeholders by providing significant energy-related cost savings and carbon abatement.

To accelerate the adoption of green transport, 20 smart EV charging stations will be installed at Perennial Business City – the largest number of EV chargers installed in a single business park development in Singapore to date.

Perennial Business City will also boast a super-efficient chiller system that will substantially improve its energy efficiency and put it on track to achieve the Building and Construction Authority’s Green Mark Super Low Energy certification.

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.

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.

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.

Property Information

Location 1 Venture Avenue, Singapore 608521
Description An 8-storey business park development with a basement
Effective Interest
(%)
63
Valuation
(S$ mil)
2001
Land Area
(sq ft)
606,645
Gross Floor Area
(sq ft)
1,516,6052
Net Lettable Area
(sq ft)
Over 1 million
Status To progressively commence operations from 2022
Notes:
  1. Based on As-Is Basis.
  2. Based on Maximum Permissible GFA, actual area is subject to design and final survey.

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