District 05
One-North
Research, biomedical and deep-tech cluster
Overview
Precinct overview
One-North is JTC's 200-hectare innovation district housing Biopolis, Fusionopolis and Mediapolis. It hosts more than 800 companies and 50,000 knowledge workers, generating exceptionally resilient rental demand from research institutions, pharmaceutical multinationals and venture-backed technology firms.
Investment advantages
- Highest concentration of R&D talent in South-East Asia
- Corporate-leased tenancies with strong covenant quality
- Adjacent to NUS, INSEAD and the National University Hospital
- Highest residential rental yields in the Rest of Central Region
Market performance
Current indicators
- Residential median
- S$2,240 psf
- Business park rent
- S$6.40 psf/mo
- Occupancy
- 92.8%
- Gross rental yield
- 3.8 – 4.3%
Residential median: +5.4% year-on-year
Business park rent: +2.4% year-on-year
Occupancy: Business park
Gross rental yield: Residential
Rental demand
Corporate housing budgets from biomedical and semiconductor employers underwrite premium rents with multi-year leases.
Office demand
Laboratory-enabled and hybrid workspace remains undersupplied across Biopolis and Fusionopolis.
Residential demand
Fewer than 4,500 private units serve a working population above 50,000 — the tightest ratio in Singapore.
Connectivity
Infrastructure & transportation
Infrastructure
- Circle Line one-north and Buona Vista interchange
- Ayer Rajah Expressway
- NUS and NUH campuses
- JTC Launchpad start-up cluster
MRT connections
- one-north (CC)
- Buona Vista (EW/CC)
- Kent Ridge (CC)
Business districts
- Biopolis
- Fusionopolis
- Mediapolis
- Science Park
Current developments
- Elevate One-North Residences
- Elevate Fusion Labs
Featured projects
