IndustrialBUSINESS 2LeaseholdDistrict 22 · Boon Lay

33 Shipyard Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2012
Quick Summary

33 Shipyard Road is a industrial building in District 22 · Boon Lay, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.0. It is leasehold. 3 transactions are on record since 1995, most recently in Jul 2012. ACRA records 0 live company registrations at this address.

1

What are the key facts about 33 Shipyard Road?

Key takeaway33 Shipyard Road is a industrial building in District 22 · Boon Lay, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
1.0
Tenure
Leasehold
District / Area
District 22 · Boon Lay
Address
33 Shipyard Road
Land area
—
Completed
Not on record
Storeys
Not on record
Estate (JTC)
Jurong Industrial Estate
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 33 Shipyard Road

33 Shipyard Road is an industrial property in Boon Lay (District 22). It is located along Shipyard Road, Singapore 628131.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

3 transactions have been recorded here, at a median of S$7 psf. The most recent was in July 2012.

The nearest port or airport land is about 2.3 km away. The closest business-park zone is about 4.9 km away. The closest bus stop (Keppel Offshore & Marine) is 244 m away (about a 4-minute walk).

3

What is 33 Shipyard Road zoned as?

Key takeaway33 Shipyard Road sits on land zoned BUSINESS 2 with a gross plot ratio of 1.0.
Land-use zone
BUSINESS 2
Gross plot ratio
1.0

Run the full zoning report for this building →

4

What has 33 Shipyard Road sold for?

Key takeaway3 transactions are on record since 1995, most recently in Jul 2012 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jul 2012Single-user FactoryS$3.38M206,527 sqft$16
Dec 2011Single-user FactoryS$1.50M206,527 sqft$7
Mar 2007Single-user FactoryS$1.10M206,527 sqft$5

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

5

Market context around 33 Shipyard Road

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.

6

What's been approved at 33 Shipyard Road?

Key takeawayURA's planning decisions at 33 Shipyard Road since 2000 are below. 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. 27 Dec 2018Approved
    Additions & alterations

    Proposed amendment to approved addition of temporary containers and rest shelter to the existing manufacturing plant (exxonmobil) on lots 1292n, 1401p, 1616l-pt, 1617c-pt, 1901c, 2595c, 2596m, 3169p, 3882m & 3883w (mk 6) & lots 282p, 283t, 280w, 281v, 289c, 290x, 1737m & 1740m (mk 7) & foreshore lots 721m, 722w,812v, 839w, 1570a, 1589c, 1590x, 1591l & 2514l (mk 7) at 18 pioneer road / 33,35 & 39, shipyard road

  2. 14 Nov 2018Approved
    Additions & alterations

    Proposed addition of a new 6-storey ancillary office building and a&a works of existing services & bund wall to existing manufacturing plant (exxonmobil) on lots 1292n, 1401p, 1616l-pt. 1617c-pt, 1901c, 2595c, 2596m, 3169p, 3882m & 3833w (mk 6) & lots 282p, 283t, 280w, 281v, 289c, 290x, 1737m & 1740m (mk7) and foreshore lots 721m, 722w, 812v, 839w, 1570a, 1589c, 1590x, 1591l & 2514l (mk 7)

  3. 12 Jun 2018Agency works
    Additions & alterations

    Proposed addition of platforms on existing piperack near finishing tanks within jurong grease plant

  4. 23 Jan 2018Agency works
    Additions & alterations

    Proposed addition of platforms on existing piperack near finishing tanks within jurong grease plant

  5. 16 Nov 2017Agency works
    Additions & alterations

    Proposed additions & alterations with additions of covered walkway to existing manufacturing plant on lot 00281v mk07 at 33 shipyard road (boon lay planning area)

  6. 7 Apr 2016Agency works
    Additions & alterations

    Proposed addition of the jurong grease plant with ancillary facilities including a new pg substation to the existing jurong lube terminal east plant for exxonmobil asia pacific pte ltd.

  7. 5 May 2015Agency works
    Additions & alterations

    Proposed additions & alterations to the existing manufacturing plant (comprising modification of existing worker shed, ancillaryoffice and warehouse and additions of guardhouse, loading bay and related ancillary facilities)

  8. 30 Dec 2014Agency works
    Additions & alterations

    Proposed additions & alterations to the existing manufacturingplant (comprising modification of existing worker shed, ancillaryoffice and warehouse and additions of guardhouse, loading bay and related ancillary facilities)

  9. 20 Aug 2014Agency works
    Additions & alterations

    Proposed addition of safety vent line support structure in sru-5 within existing oil refinery complex

  10. 18 Jun 2014Agency works
    Additions & alterations

    Proposed additions & alterations to the existing manufacturing plant (comprising modification of existing worker shed, ancillary office and warehouse and additions of guardhouse, loading bay and related ancillary facilities)

  11. 23 Apr 2014Agency works
    Additions & alterations

    Proposed addition of the jurong grease plant with ancillary facilities including a new pg substation to the existing jurong lube terminal east plant on lots 289c, 280w, 281v and 290x mk 07 at no. 33 and 35 shipyard road for exxonmobil asia pacific pte ltd

  12. 25 Mar 2002Approved
    Additions & alterations

    Proposed 5,000 litres nitrogen tank and concrete foundation to existing factory on lot 281 mk 7 at no. 33 shipyard road(boon lay planning area)

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).

7

What is near 33 Shipyard Road?

Amenities nearby

Keppel Offshore & Marine · 244 m

Straight-line distances. Source: PropKaki amenities data.

8

Getting there and parking at 33 Shipyard Road

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Joo Koon, 3.1 km away. No public car park we hold is within 500 m; the nearest is Benoi Rd (URA), 1.4 km away; the nearest URA season parking is Lok Yang Area, 2.4 km away (S$90/month).
Foot traffic: busier than 13% of industrial buildings

no MRT/LRT within 1 km (nearest Joo Koon, 3.1 km); bus stops within 400 m: 2, about 134 taps a weekday; Boon Lay: 19,300 resident workers (Census 2020, by workplace); about 0 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.

Bus

2 bus stops within 400 m, with 134 boardings and alightings on an average weekday.

9

How many companies are registered at 33 Shipyard Road?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

10

Frequently asked questions about 33 Shipyard Road

Where is 33 Shipyard Road?⌄

33 Shipyard Road is at 33 Shipyard Road, Singapore 628131, in the Boon Lay planning area.

What is 33 Shipyard Road zoned as?⌄

33 Shipyard Road is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at 33 Shipyard Road?⌄

Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of 33 Shipyard Road?⌄

33 Shipyard Road is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 33 Shipyard Road sold for?⌄

Across 3 recorded transactions, the median is S$7 psf. The latest was in July 2012.

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