Boustead House

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

Completed

Not on record

Storeys

6 (© OpenStreetMap contributors)

Transactions on record

None recorded

Live listings

None

ACRA registrations

116

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.

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.

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Run the full zoning report for this building →

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. 24 Jun 2026ApprovedFloor 7
   Change of use to warehouse

   Proposed change of use of unit #07-XX to warehouse

2. 26 Sept 2024ApprovedFloor 5
   Change of use to warehouse

   Proposed change of use of unit #05-XX to warehouse

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.

Straight-line distances. Source: PropKaki amenities data.

• Wholesale and retail trade
  46
• Manufacturing
  16
• Construction
  13
• Information and communications
  12
• Professional, scientific and technical services
  9
• Administrative and support services
  8
• Financial and insurance
  4
• Other services
  4
• Real estate
  1
• Transportation and storage
  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$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.