IndustrialBUSINESS 1LeaseholdDistrict 14 · Geylang

31 Ubi Road 1

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2025
Quick Summary

31 Ubi Road 1 is a industrial building in District 14 · Geylang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 24 years remaining. 1 transaction is on record since 1995, most recently in Dec 2025. 8 units are currently listed for rent. ACRA records 60 live company registrations at this address.

1

What are the key facts about 31 Ubi Road 1?

Key takeaway31 Ubi Road 1 is a industrial building in District 14 · Geylang, zoned BUSINESS 1, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 14 · Geylang
Address
31 Ubi Road 1
Land area
—
Completed
Not on record
Storeys
Not on record
Estate (JTC)
Kampong Ubi Industrial Estate
Listed as
Light Industrial (B1)
Transactions on record
1 (records start 1995)
Live listings
8
ACRA registrations
60
2

Who owns 31 Ubi Road 1, and what is it valued at?

Key takeawayNo REIT or listed company holds 31 Ubi Road 1 today on its latest filings. Earlier SGX filings about it are below, each with its date.
Valued at S$29.5 million as at 31 Dec 2024, by ETC.
Whole-building deals
  1. Announced 18 Aug 2025
    Sold 31 Ubi Road 1 for S$30 million (sale price) to unrelated third party.

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.

3

About 31 Ubi Road 1

31 Ubi Road 1 is an industrial property in Geylang (District 14). It is located along Ubi Road 1, Singapore 408694.

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 24 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

1 transaction has been recorded here, at a median of S$392 psf. The most recent was in December 2025.

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 6.9 km away. The closest business-park zone is about 1.5 km away. The nearest MRT is Macpherson MRT, 256 m away (about a 4-minute walk). The closest bus stop (Aztech Bldg) is 49 m away (about a 1-minute walk).

63 businesses are currently registered at this address with ACRA.

4

What is 31 Ubi Road 1 zoned as?

Key takeaway31 Ubi Road 1 sits on land zoned BUSINESS 1 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 1
Gross plot ratio
2.5

Run the full zoning report for this building →

5

What has 31 Ubi Road 1 sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2025 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2025Multiple-user FactoryS$30.00M76,582 sqft$392

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

6

What does space at 31 Ubi Road 1 rent for?

Key takeawayNo rent is published for 31 Ubi Road 1 itself. On its street, Ubi Road 1, strata factory space rented at a median of $3.03 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Ubi Road 1

Street level · 2026Q3
25th pct
—
— psm
Median
$3.03
$32.65 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +1.3% on a year earlier

2023Q4 · $30.34 psm2026Q3 · $32.65 psm median

This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.

Source: JTC J-SPACE, rental of industrial space by street.

7

Market context around 31 Ubi Road 1

Key takeawayBrokers' industrial figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Factory (ground floor): Rent S$1.81 psf/mth
  • Factory (upper floor): Rent S$1.41 psf/mth
  • Prime logistics: Rent S$1.87 psf/mth · Capital value S$245 psf · Net yield 6.5%
  • Warehouse (ground floor): Rent S$1.91 psf/mth
  • Warehouse (upper floor): Rent S$1.39 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • Factory - Ground Floor: Rent S$1.79 psf/mth
  • Factory - Upper Floor: Rent S$1.57 psf/mth
  • High-Tech: Rent S$3.56 psf/mth
  • Prime Logistics - Ground Floor: Rent S$1.92 psf/mth
  • Prime Logistics - Upper Floor: Rent S$1.74 psf/mth
  • Warehouse - Ground Floor: Rent S$1.81 psf/mth
  • Warehouse - Upper Floor: Rent S$1.49 psf/mth
Singapore Industrial MarketBeat Q2 2026

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.

8

How fast units move at 31 Ubi Road 1

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 8 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

9

What's been approved at 31 Ubi Road 1?

Key takeawayURA has approved 7 changes of use at 31 Ubi Road 1 since 2000, most recently in 2022. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 18 Jun 2025RenewedFloor 6
    Continued use as e-business use

    Continued use of production unit #06-XX as e-business use (software development)

  2. 12 Jun 2025RenewedFloor 3
    Continued use as call centre

    Continued use of light industrial unit #03-XX as call centre

  3. 11 Oct 2022RenewedFloor 5
    Continued use as e-business

    Continued use of the factory unit #05-XX as e-business (involving it test lab / staging/ software configuration and customization)

  4. 26 Aug 2022ApprovedFloor 3
    Change of use: light industrial unit #03-xx → call centre

    Proposed change of use from light industrial unit #03-XX to call centre

  5. 6 Jul 2021RenewedFloor 8
    Continued use as call centre

    Continued use of unit #08-XX as call centre at existing 10-storey single-user light industrial factory (az tech building)

  6. 1 Feb 2021RenewedFloor 1
    Continued use as industrial canteen

    Continued use of unit #01-XX as industrial canteen at aztech building

  7. 27 May 2020RenewedFloor 3
    Continued use as e-business

    Continued use of unit #03-XX as e-business (back-up it centre for data management and software application) at a single-user light industrial factory

  8. 19 May 2020RenewedFloor 6
    Continued use as e-business use

    Continued use of production unit #06-XX as e-business use (software development)

  9. 23 Oct 2019RenewedFloor 5
    Continued use as e-business

    Continued use of the factory unit #05-XX as e-business (involving it test lab / staging/ software configuration and customization)

  10. 23 Jul 2018RenewedFloor 8
    Continued use as call centre

    Continued use of unit #08-XX as call centre at existing 10-storey single-user light industrial factory (az tech building)

  11. 5 Jul 2018RenewedFloor 4
    Continued use as e-business use

    Continued use of production unit #04-XX as e-business use (software application development and system integration

  12. 19 Jan 2018RenewedFloor 1
    Continued use as industrial canteen

    Continued use of unit #01-XX as industrial canteen at aztech building

9 earlier change-of-use and A&A decisions are on record since 2000.

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).

10

How does Ubi Road 1 price?

Key takeawayUbi Road 1's current JTC street rent is S$32.65 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 5.5% (4.9% net of property tax).
Strata sales on the street (5y)
351
Street median PSF (strata)
$636
Indicative street yield
5.5% gross
4.9% net of property tax

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.

11

What is available at 31 Ubi Road 1 right now?

Key takeaway8 units are currently listed at 31 Ubi Road 1. One row per unit; several agents often market the same unit.

For rent (8)

  • ⭐Ubi Road Corporate Looking Industrial Units for Rent⭐S$35k/mo · 10,600 sqft
  • 31 Ubi Road 13 agentsS$8k/mo · 2,392 sqft
  • 31 Ubi Road 13 agentsS$25k/mo · 8,268 sqft
  • 31 Ubi Road 13 agentsS$17k/mo · 5,753 sqft

Browse every listing at this building →

12

What is near 31 Ubi Road 1?

Key takeawayThe nearest MRT/LRT is Macpherson MRT, about 256 m away.

Getting around

Amenities nearby

Aztech Bldg · 49 mMacpherson MRT Exit B · 238 mMHC Medical Centre (Ubi) · 305 mEducational Institution · 444 mBlk 80 Circuit Road · 616 m

Straight-line distances. Source: PropKaki amenities data.

13

Getting there and parking at 31 Ubi Road 1

Key takeawayThe nearest station is MacPherson (CC10 / DT26), 237 m away — a moderately busy station, with about 39,000 taps in and out on an average weekday. 9 public car parks are within 500 m.
Foot traffic: busier than 99% of industrial buildings

nearest MRT/LRT MacPherson (CC10/DT26) 237 m, about 39,000 taps a weekday; 4 more stations within 1 km; bus stops within 400 m: 14, about 19,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 41,000 residents within 1 km (June 2026). Ranked against 8,225 industrial buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.

Stations within 1 km

  • MacPherson (CC10 / DT26)237 m · about 39,000 weekday taps
  • Ubi (DT27)748 m · about 22,000 weekday taps
  • Paya Lebar (EW8 / CC9)947 m · about 95,000 weekday taps
  • Mattar (DT25)981 m · 9,848 weekday taps
  • Tai Seng (CC11)990 m · about 45,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 31 Ubi Road 1. Transfers between lines don't tap, so interchanges read low.

Bus

14 bus stops within 400 m, with about 19,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Ubi Ave 1 (URA)217 m
    S$0.60 per half-hour at midday on a weekday · 4 car lots
  • Ubi Rd 1 (URA)282 m
    S$0.60 per half-hour at midday on a weekday · 26 car lots
  • Blk 76 Circuit Road (HDB)334 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 436 car lots
  • Ubi Crescent (URA)380 m
    S$0.60 per half-hour at midday on a weekday · 17 car lots
  • Blk 82 Circuit Road (HDB)394 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 314 car lots

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Macpherson Road Area, 1.2 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 31 Ubi Road 1's own car park, if it has one, and its charges are not in the open data.

14

Who's registered at 31 Ubi Road 1?

Key takeaway60 live companies (and LLPs and branches; sole proprietors are not counted) list 31 Ubi Road 1 as their registered address. These are registered businesses, not who occupies the space.
  • Transportation and storage
    16
  • Wholesale and retail trade
    14
  • Financial and insurance
    10
  • Manufacturing
    8
  • Information and communications
    3
  • Professional, scientific and technical services
    2
  • Construction
    2
  • Administrative and support services
    1
  • Accommodation and food services
    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.

15

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$22.52 psm/month — an all-time median from 2000 onwards, not a current rent.
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.

16

Frequently asked questions about 31 Ubi Road 1

Where is 31 Ubi Road 1?⌄

31 Ubi Road 1 is at 31 Ubi Road 1, Singapore 408694, in the Geylang planning area.

What is 31 Ubi Road 1 zoned as?⌄

31 Ubi Road 1 is zoned Business 1 under the URA Master Plan, with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

What kind of business can operate at 31 Ubi Road 1?⌄

Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of 31 Ubi Road 1?⌄

31 Ubi Road 1 is leasehold. About 24 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 31 Ubi Road 1 sold for?⌄

Across 1 recorded transaction, the median is S$392 psf. The latest was in December 2025.

What does industrial space near 31 Ubi Road 1 rent for?⌄

JTC's rental returns for Ubi Road 1 put the median at about S$2.09 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Ubi Road 1, not a rent quoted for 31 Ubi Road 1 itself.

What is the nearest MRT station to 31 Ubi Road 1?⌄

Macpherson MRT is the closest, 256 m away (about a 4-minute walk).

How many businesses are registered at 31 Ubi Road 1?⌄

63 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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