IndustrialBUSINESS 1LeaseholdDistrict 14 · Geylang

Hola Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2026

Quick Summary

Hola Centre 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. 85 transactions are on record since 1995, at a median S$316 psf, most recently in Sept 2026. 9 units are currently listed for sale or rent. ACRA records 104 live company registrations at this address.

The facts are here — now get the verdict on Hola Centre.

Ask PropKaki

What are the key facts about Hola Centre?

Key takeawayHola Centre 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: 65 Ubi Crescent
Land area: 3,696 sqm
Completed: 2003 (per EdgeProp)
Storeys: 5 (© OpenStreetMap contributors)
Strata units (MCST): 63
Managing agent: LANDSFIELD PROPERTY CONSULTANTS PTE LTD
Strata formed: 2004 (MCST 2904)
Units with a recorded sale: At least 48
Listed as: Light Industrial (B1), Food & Beverage
Transactions on record: 85 (records start 1995)
Live listings: 9
ACRA registrations: 104

About Hola Centre

Hola Centre is an industrial building in Geylang (District 14). It is located along Ubi Crescent, Singapore 408559.

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 3,696 sqm of land with roughly 9,239 sqm of gross floor area.

84 transactions have been recorded here, at a median of S$314 psf. The most recent was in October 2025.

Across JTC's rental returns for Ubi Crescent, the median rent for industrial space on this street works out to about S$2.00 psf per month over 101 observations. Observed medians on the street span S$0.96 to S$3.00 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 7.3 km away. The closest business-park zone is about 1.7 km away. The nearest MRT is Ubi MRT, 228 m away (about a 4-minute walk). The closest bus stop (Blk 3024) is 116 m away (about a 2-minute walk).

118 businesses are currently registered at this address with ACRA.

What is Hola Centre zoned as?

Key takeawayHola Centre 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 →

What has Hola Centre sold for?

Key takeawayAcross 85 recorded transactions since 1995, the median price is about S$315k, most recently in Sept 2026.

Date	Use	Price	Area	PSF
Sept 2026	Multiple-user Factory	S$608k	1,044 sqft	$582
Oct 2025	Multiple-user Factory	S$913k	1,970 sqft	$463
Sept 2025	Multiple-user Factory	S$568k	1,066 sqft	$533
Apr 2025	Multiple-user Factory	S$578k	1,066 sqft	$542
Feb 2025	Multiple-user Factory	S$362k	517 sqft	$701
Nov 2024	Multiple-user Factory	S$486k	797 sqft	$611
Jun 2024	Multiple-user Factory	S$488k	786 sqft	$621
Apr 2024	Multiple-user Factory	S$1.13M	2,174 sqft	$519
Feb 2024	Multiple-user Factory	S$630k	1,453 sqft	$434
Oct 2023	Multiple-user Factory	S$780k	1,668 sqft	$468

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

What does space at Hola Centre rent for?

Key takeawayJTC publishes leases at Hola Centre itself: strata factory space leased at a median of $3.00 psf a month in 2026Q3, with the middle half of leases between $2.86 and $3.08. That is the building's figure across its leases, and never a quote for a particular unit.

Strata factory space in this building

This building · 2026Q3

25th pct

$2.86

$30.81 psm

Median

$3.00

$32.26 psm

75th pct

$3.08

$33.15 psm

S$ per sq ft per month · median -8.6% on a year earlier

2020Q3 · $21.31 psm2026Q3 · $32.26 psm median

JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.

Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.

Strata factory space on Ubi Crescent

Street level · 2026Q3

25th pct

—

— psm

Median

$2.87

$30.93 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +1.5% on a year earlier

2023Q4 · $30.75 psm2026Q3 · $30.93 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.

Market context around Hola Centre

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.

How fast units move at Hola Centre

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 7 units for rent; 2 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: 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.

What's been approved at Hola Centre?

Key takeawayURA has approved 2 changes of use at Hola Centre since 2000, most recently in 2025. 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.

24 Jun 2025ApprovedFloor 1
Change of use to industrial canteen
Proposed change of use of units #01-XX and #01-XX to industrial canteen
17 Nov 2023ApprovedFloor 1
Change of use to industrial canteen
Proposed change of use of units #01-XX & #01-XX to industrial canteen

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).

How does Ubi Crescent price?

Key takeawayUbi Crescent's current JTC street rent is S$30.93 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 6.2% (5.5% net of property tax).

Strata sales on the street (5y)

251

Street median PSF (strata)

$545

Indicative street yield

6.2% gross

5.5% 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.

What is available at Hola Centre right now?

Key takeaway9 units are currently listed at Hola Centre — 2 for sale and 7 for rent. One row per unit; several agents often market the same unit.

For sale (2)

Hola CentreS$628k · 1,044 sqft
B1 Single Floorplate | Good Location2 agentsS$739k · 1,206 sqft

For rent (7)

Hola CentreS$5k/mo · 1,193 sqft
Hola Centre3 agentsS$4k/mo · 1,098 sqft
Hola Centre2 agentsS$5k/mo · 1,093 sqft
Hola CentreS$15k/mo · 1,927 sqft

Browse every listing at this building →

What is near Hola Centre?

Key takeawayThe nearest MRT/LRT is Ubi MRT, about 228 m away.

Getting around

Ubi MRT228 m · ~4 min

Amenities nearby

Blk 3024 · 116 mUbi MRT Exit B · 180 mEducational Institution · 271 mHisemainn Medical Clinic (Ubi) · 276 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Hola Centre

Key takeawayThe nearest station is Ubi (DT27), 180 m away — a moderately busy station, with about 22,000 taps in and out on an average weekday. 7 public car parks are within 500 m.

Foot traffic: busier than 95% of industrial buildings

nearest MRT/LRT Ubi (DT27) 180 m, about 22,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 12, about 12,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 31,000 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

Ubi (DT27)180 m · about 22,000 weekday taps
MacPherson (CC10 / DT26)862 m · about 39,000 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 Hola Centre. Transfers between lines don't tap, so interchanges read low.

Bus

12 bus stops within 400 m, with about 12,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 357 Ubi Road 3 (HDB)114 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 350 car lots
Blk 355 Ubi Road 3 (HDB)170 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 350 car lots
Ubi Crescent (URA)254 m
S$0.60 per half-hour at midday on a weekday · 17 car lots
Blk 342-352 Ubi Avenue 1 (HDB)381 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 474 car lots
Blk 302,304 Ubi Avenue 1 (HDB)385 m
S$0.60 per half-hour at midday on a weekday · 101 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: Kaki Bukit Rd 1, 818 m away, S$90/month.

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

Who's registered at Hola Centre?

Key takeaway104 live companies (and LLPs and branches; sole proprietors are not counted) list Hola Centre as their registered address. These are registered businesses, not who occupies the space.

Construction
21
Wholesale and retail trade
19
Professional, scientific and technical services
14
Accommodation and food services
12
Manufacturing
10
Financial and insurance
8
Transportation and storage
7
Information and communications
6
Administrative and support services
4
Real estate
2

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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$21.49 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$21.49 psm/mo
Observed range: S$10.38 – S$32.29

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.

Frequently asked questions about Hola Centre

Where is Hola Centre?⌄

Hola Centre is at 65 Ubi Crescent, Singapore 408559, in the Geylang planning area.

What is Hola Centre zoned as?⌄

Hola Centre 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 Hola Centre?⌄

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 Hola Centre?⌄

Hola Centre is leasehold. About 31 years remain on the lease.

What have units at Hola Centre sold for?⌄

Across 84 recorded transactions, the median is S$314 psf. The latest was in October 2025.

What does industrial space near Hola Centre rent for?⌄

JTC's rental returns for Ubi Crescent put the median at about S$2.00 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Ubi Crescent, not a rent quoted for Hola Centre itself.

What is the nearest MRT station to Hola Centre?⌄

Ubi MRT is the closest, 228 m away (about a 4-minute walk).

How many businesses are registered at Hola Centre?⌄

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

For agents · in the PropKaki app

The facts are here — now get the verdict on Hola Centre.

Ask what a unit here would fetch, what the zone allows, or how it compares.

Ask PropKaki Try on WhatsApp

PropKaki

Tell me about Hola Centre — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…

Read the figures right

Completion year: as EdgeProp states it, not checked against an official record. Sales records start in 1995, which says nothing about when a building was built.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from EdgeProp, BCA's MCST register, URA planning decisions, HDB car park information (data.gov.sg), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.