IndustrialBUSINESS 1LeaseholdDistrict 14 · Geylang

Boustead House

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

Boustead House 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 31 years remaining. ACRA records 125 live company registrations at this address.

1

What are the key facts about Boustead House?

Key takeawayBoustead House 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
Land area
6,317 sqm
Transactions on record
None recorded
Live listings
None
ACRA registrations
125

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About Boustead House

Boustead House is an industrial building in Geylang (District 14). It is located along Ubi Avenue 1, Singapore 408937.

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 31 years left to run. It sits on about 6,317 sqm of land with roughly 15,793 sqm of gross floor area.

Across JTC's rental returns for Ubi Avenue 1, the median rent for industrial space on this street works out to about S$1.77 psf per month over 106 observations. Observed medians on the street span S$0.45 to S$2.63 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

1 industrial project is still uncompleted on this street, adding about 15,260 sqm of gross floor area, the earliest due around 2028.

The nearest port or airport land is about 6.7 km away. The closest business-park zone is about 1.8 km away. The nearest MRT is Macpherson MRT, 440 m away (about a 7-minute walk). The closest bus stop (Ubi Techpark) is 164 m away (about a 3-minute walk).

125 businesses are currently registered at this address with ACRA.

3

What is Boustead House zoned as?

Key takeawayBoustead House 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 →

4

How does Ubi Avenue 1 price?

Key takeawayUbi Avenue 1's current JTC street rent is S$28.31 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 6.7% (6.0% net of property tax).
Strata sales on the street (5y)
194
Street median PSF (strata)
$450
Indicative street yield
6.7% gross
6.0% 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.

5

What is near Boustead House?

Key takeawayThe nearest MRT/LRT is Macpherson MRT, about 441 m away.

Getting around

Amenities nearby

MHC Medical Centre (Ubi) · 128 mUbi Techpark · 165 mMacpherson MRT Exit B · 403 mEducational Institution · 632 mBlk 80 Circuit Road · 854 m

Straight-line distances. Source: PropKaki amenities data.

6

How many companies are registered at Boustead House?

Key takeawayACRA records 125 live company registrations at this address, 29 of them in the last three years.
Live registrations
125
Registered last 3 years
29

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.

7

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$19.10 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$19.10 psm/mo
Observed range
S$4.85 – S$28.31
Pipeline on this street
1 project · earliest TOP 2028

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.

8

Frequently asked questions about Boustead House

Where is Boustead House?

Boustead House is at Ubi Avenue 1, Singapore 408937, in the Geylang planning area.

What is Boustead House zoned as?

Boustead House 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 Boustead House?

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 Boustead House?

Boustead House is leasehold. About 31 years remain on the lease.

Have there been any recorded transactions at Boustead House?

No caveats have been lodged for Boustead House in the records we track. That is common for single-owner industrial buildings, which never generate strata transactions.

What does industrial space near Boustead House rent for?

JTC's rental returns for Ubi Avenue 1 put the median at about S$1.77 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Ubi Avenue 1, not a rent quoted for Boustead House itself.

What is the nearest MRT station to Boustead House?

Macpherson MRT is the closest, 440 m away (about a 7-minute walk).

How many businesses are registered at Boustead House?

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

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