IndustrialBUSINESS 2LeaseholdDistrict 22 · Boon Lay

55 Shipyard Road

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

55 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 with roughly 17 years remaining. 1 transaction is on record since 1995, most recently in Jun 2025. 1 unit is currently listed for rent. ACRA records 5 live company registrations at this address.

1

What are the key facts about 55 Shipyard Road?

Key takeaway55 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
55 Shipyard Road
Land area
—
Completed
Not on record
Storeys
Not on record
Estate (JTC)
Jurong Industrial Estate
Listed as
Factory / Workshop (B2)
Transactions on record
1 (records start 1995)
Live listings
1
ACRA registrations
5
2

About 55 Shipyard Road

55 Shipyard Road is an industrial property in Boon Lay (District 22). It is located along Shipyard Road, Singapore 628141.

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 17 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$104 psf. The most recent was in June 2025.

The nearest port or airport land is about 3.1 km away. The closest business-park zone is about 4.6 km away. The closest bus stop (Opp Mooreast) is 153 m away (about a 2-minute walk).

5 businesses are currently registered at this address with ACRA.

3

What is 55 Shipyard Road zoned as?

Key takeaway55 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 55 Shipyard Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jun 2025 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2025Single-user FactoryS$11.29M108,372 sqft$104

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 55 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

How fast units move at 55 Shipyard Road

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 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.

7

What's been approved at 55 Shipyard Road?

Key takeawayURA has approved 1 change of use at 55 Shipyard Road since 2000, most recently in 2017. 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. 1 Jun 2017Approved
    Change of use to ancillary office

    Proposed change of use of store 1 to ancillary office at 1st storey of existing factory

  2. 1 Feb 2016Approved
    Additions & alterations

    Proposed conservation of existing slipway into wharf and working platform

  3. 23 Mar 2015Approved
    Additions & alterations

    Proposed additions and alterations to existing factory on lot 191 mk 07 at 55 shipyard road singapore (boon lay planning area)

  4. 21 May 2001Approved
    Additions & alterations

    Proposed amendment to the approved extension to existing single-user factory development.plot a1590

  5. 17 Aug 2000Approved
    Additions & alterations

    Proposed extension to existing 2-storey to 3-storey office block and additions & alterations to existing single-storey factory building

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).

8

What is available at 55 Shipyard Road right now?

Key takeaway1 unit is currently listed at 55 Shipyard Road. One row per unit; several agents often market the same unit.

For rent (1)

  • 55 Shipyard Road, 628141S$24k/mo · 11,000 sqft

Browse every listing at this building →

9

What is near 55 Shipyard Road?

Amenities nearby

Opp Mooreast · 153 mKeppel Shipyard Medical Centre (Gul) · 967 m

Straight-line distances. Source: PropKaki amenities data.

10

Getting there and parking at 55 Shipyard Road

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Joo Koon, 2.5 km away. No public car park we hold is within 500 m; the nearest is Benoi Rd (URA), 637 m away; the nearest URA season parking is Lok Yang Area, 2.2 km away (S$90/month).
Foot traffic: busier than 14% of industrial buildings

no MRT/LRT within 1 km (nearest Joo Koon, 2.5 km); bus stops within 400 m: 3, about 226 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

3 bus stops within 400 m, with 226 boardings and alightings on an average weekday.

11

Who's registered at 55 Shipyard Road?

Key takeaway5 live companies (and LLPs and branches; sole proprietors are not counted) list 55 Shipyard Road as their registered address. These are registered businesses, not who occupies the space.
  • Manufacturing
    2
  • Administrative and support services
    2
  • Construction
    1
  • Wholesale and retail trade
    0
  • Transportation and storage
    0

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.

12

Frequently asked questions about 55 Shipyard Road

Where is 55 Shipyard Road?⌄

55 Shipyard Road is at 55 Shipyard Road, Singapore 628141, in the Boon Lay planning area.

What is 55 Shipyard Road zoned as?⌄

55 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 55 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 55 Shipyard Road?⌄

55 Shipyard Road is leasehold. About 17 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 55 Shipyard Road sold for?⌄

Across 1 recorded transaction, the median is S$104 psf. The latest was in June 2025.

How many businesses are registered at 55 Shipyard Road?⌄

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

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