21 Ubi Rd 1

Asset class

Industrial

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Tenure

Leasehold

District / Area

District 14 · Geylang

Address

21,23 Ubi Road 1

Land area

7,538 sqm

Completed

Not on record

Storeys

Not on record

Owner

ESR REIT (SGX filings)

Land lease expires

2057 (the owner's annual report (as filed on SGX))

Estate (JTC)

Kampong Ubi Industrial Estate

Listed as

Light Industrial (B1)

Transactions on record

1 (records start 1995)

Live listings

4

ACRA registrations

60

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

21 Ubi Rd 1 is an industrial property in Geylang (District 14). It is located along Ubi Road 1, Singapore 408724.

Under the URA Master Plan the site is zoned Business 1 with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

The site is leasehold, with about 1 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 7,538 sqm of land with roughly 18,846 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$555 psf. The most recent was in May 2026.

Across JTC's rental returns for Ubi Road 1, the median rent for industrial space on this street works out to about S$2.09 psf per month over 85 observations. Observed medians on the street span S$1.00 to S$3.01 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

The nearest port or airport land is about 6.8 km away. The closest business-park zone is about 1.6 km away. The nearest MRT is Macpherson MRT, 265 m away (about a 4-minute walk). The closest bus stop (Meiban Ind Bldg) is 47 m away (about a 1-minute walk).

60 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Run the full zoning report for this building →

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter

Official series (JTC, 2026Q3): Multiple-User Factory occupancy (island-wide) 90.3% (-0.7 pp on the year) · Single-User Factory occupancy (island-wide) 89.1% (0 pp on the year) · Warehouse occupancy (island-wide) 89.7% (+0.1 pp on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

1. 29 Jul 2021ApprovedFloor 4
   Change of use to call centre

   Change of use of the 4th storey unit #04-XX to call centre

2. 13 Jul 2020ApprovedFloor 5
   Change of use to warehouse & production of medical disposables surgical face masks

   Proposed change of use of the 5th storey production unit #05-XX to warehouse & production of medical disposables surgical face masks

3. 14 Jan 2014Approved
   Change of use to warehouse and showroom with ancillary office

   Proposed change of use of 1st storey industrial unit to warehouse and showroom with ancillary office

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

An INDICATIVE street-level yield, not a yield for any particular unit: the current-quarter JTC street rent divided by the street's strata sale PSF median.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Street figures cover strata deals only — land and strata PSF are not comparable.

Browse every listing at this building →

Straight-line distances. Source: PropKaki amenities data.

• Health and social services
  22
• Wholesale and retail trade
  10
• Financial and insurance
  8
• Accommodation and food services
  6
• Information and communications
  5
• Professional, scientific and technical services
  2
• Manufacturing
  2
• Construction
  1
• Education
  1
• Real estate
  1

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

Street rent, median

S$22.52 psm/mo

Observed range

S$10.76 – S$32.43

JTC street medians span 2000 to today and are an all-time level, not today's asking rent; the forward pipeline is a forecast, not committed completions.