IndustrialBUSINESS 2LeaseholdDistrict 14 · Geylang

Intrepid Warehouse Complex

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

Intrepid Warehouse Complex is a industrial building in District 14 · Geylang, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 16 years remaining. 2 transactions are on record since 1995, most recently in Aug 2025. 2 units are currently listed for sale. ACRA records 4 live company registrations at this address.

1

What are the key facts about Intrepid Warehouse Complex?

Key takeawayIntrepid Warehouse Complex is a industrial building in District 14 · Geylang, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 14 · Geylang
Address
209 Ubi Avenue 4
Land area
8,953 sqm
Completed
Not on record
Storeys
Not on record
Strata units (MCST)
18
Managing agent
SG MANAGING AGENT PTE.LTD.
Strata formed
1987 (MCST 1312)
Estate (JTC)
Kampong Ubi Industrial Estate
Listed as
Factory / Workshop (B2), Dormitory
Transactions on record
2 (records start 1995)
Live listings
2
ACRA registrations
4
2

About Intrepid Warehouse Complex

Intrepid Warehouse Complex is an industrial estate in Geylang (District 14). It is located along Ubi Avenue 4, Singapore 408806.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 16 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 8,953 sqm of land with roughly 22,382 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$205 psf. The most recent was in August 2025.

Across JTC's rental returns for Ubi Avenue 4, the median rent for industrial space on this street works out to about S$2.42 psf per month over 64 observations. Observed medians on the street span S$0.40 to S$3.20 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 8.0 km away. The closest business-park zone is about 760 m away. The nearest MRT is Tai Seng MRT, 816 m away (about a 13-minute walk). The closest bus stop (Comfort Test Ctr) is 62 m away (about a 1-minute walk).

3

What is Intrepid Warehouse Complex zoned as?

Key takeawayIntrepid Warehouse Complex sits on land zoned BUSINESS 2 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 2
Gross plot ratio
2.5

Run the full zoning report for this building →

4

What has Intrepid Warehouse Complex sold for?

Key takeaway2 transactions are on record since 1995, most recently in Aug 2025 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2025WarehouseS$2.35M9,752 sqft$241
Sept 2020WarehouseS$1.65M9,752 sqft$169

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

What does space at Intrepid Warehouse Complex rent for?

Key takeawayNo rent is published for Intrepid Warehouse Complex itself. On its street, Ubi Avenue 4, strata factory space rented at a median of $3.13 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Ubi Avenue 4

Street level · 2026Q3
25th pct
—
— psm
Median
$3.13
$33.72 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +0.1% on a year earlier

2023Q4 · $32.56 psm2026Q3 · $33.72 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.

6

Market context around Intrepid Warehouse Complex

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.

7

How fast units move at Intrepid Warehouse Complex

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

Sale: 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.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

8

What's been approved at Intrepid Warehouse Complex?

Key takeawayURA's planning decisions at Intrepid Warehouse Complex 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. 11 May 2026Approved
    Additions & alterations

    Proposed change of use and addition & alteration to existing 3-storey terrace factory with mezzanine involving ancillary workers' dormitory (49 workers) at 2nd & 3rd storey on lot 06041p mk23 at 209 ubi avenue 4 singapore 408806 (geylang planning area)

  2. 23 Nov 2023Renewed
    Continued use as ancillary workers' dormitory

    Continued use of part of 3rd storey warehouse as ancillary workers' dormitory (for 22 workers)

  3. 6 Sept 2018Renewed
    Continued use as ancillary worker dormitory

    Continued use of part of 3rd storey warehouse as ancillary worker dormitory (22 workers)

  4. 23 Jun 2016Approved
    Additions & alterations

    Proposed addition & alteration to the existing 4th storey light industrial with a part of 3rd storey warehouse on lot 06041p mk 23 at no. 243 ubi avenue 4

  5. 14 Sept 2015Renewed
    Continued use as ancillary worker dormitory

    Continued use of part of 3rd storey warehouse as ancillary worker dormitory (22 workers)

  6. 18 Oct 2012Renewed
    Continued use as ancillary worker dormitory

    Continued use of part of 3rd storey warehouse as ancillary worker dormitory (26 workers)

  7. 31 Jan 2008Refused
    Additions & alterations

    Proposed 3 nos. containers to existing 4-storey single-use terrace warehouse (unit 233)

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).

9

How does Ubi Avenue 4 price?

Key takeawayUbi Avenue 4's current JTC street rent is S$33.72 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 5.4% (4.9% net of property tax).
Strata sales on the street (5y)
105
Street median PSF (strata)
$675
Indicative street yield
5.4% gross
4.9% 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.

10

What is available at Intrepid Warehouse Complex right now?

Key takeaway2 units are currently listed at Intrepid Warehouse Complex. One row per unit; several agents often market the same unit.

For sale (2)

  • Intrepid Warehouse Complex2 agentsS$5.00M · 18,800 sqft
  • Intrepid Warehouse ComplexS$2.50M · 9,397 sqft

Browse every listing at this building →

11

What is near Intrepid Warehouse Complex?

Key takeawayThe nearest MRT/LRT is Tai Seng MRT, about 816 m away.

Getting around

Amenities nearby

Comfort Test Ctr · 62 mThe Clinic @ Tai Seng · 751 mBusiness Park · 760 mUbi MRT Exit B · 814 mEducational Institution · 950 m

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at Intrepid Warehouse Complex

Key takeawayThe nearest station is Ubi (DT27), 815 m away — a moderately busy station, with about 22,000 taps in and out on an average weekday. 6 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 88% of industrial buildings

nearest MRT/LRT Ubi (DT27) 815 m, about 22,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 8, about 9,383 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 21,000 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)815 m · about 22,000 weekday taps
  • Tai Seng (CC11)816 m · about 45,000 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 Intrepid Warehouse Complex. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with 9,383 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Ubi Avenue 4 (JTC)104 m
  • Ubi Ave 4 (URA)189 m
    S$0.60 per half-hour at midday on a weekday · 10 car lots
  • Tai Seng Drive (URA)299 m
    S$0.60 per half-hour at midday on a weekday · 8 car lots
  • Ubi Rd 2 (URA)350 m
    S$0.60 per half-hour at midday on a weekday · 35 car lots
  • Kaki Bukit Rd 2 (URA)361 m
    S$0.60 per half-hour at midday on a weekday · season S$90/month · 38 car lots

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

13

Who's registered at Intrepid Warehouse Complex?

Key takeaway4 live companies (and LLPs and branches; sole proprietors are not counted) list Intrepid Warehouse Complex as their registered address. These are registered businesses, not who occupies the space.
  • Construction
    3
  • Manufacturing
    1
  • Wholesale and retail trade
    0
  • Information and communications
    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.

14

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$26.10 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$26.10 psm/mo
Observed range
S$4.28 – S$34.41

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.

15

Frequently asked questions about Intrepid Warehouse Complex

Where is Intrepid Warehouse Complex?⌄

Intrepid Warehouse Complex is at 209 Ubi Avenue 4, Singapore 408806, in the Geylang planning area.

What is Intrepid Warehouse Complex zoned as?⌄

Intrepid Warehouse Complex is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at Intrepid Warehouse Complex?⌄

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 Intrepid Warehouse Complex?⌄

Intrepid Warehouse Complex is leasehold. About 16 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Intrepid Warehouse Complex sold for?⌄

Across 2 recorded transactions, the median is S$205 psf. The latest was in August 2025.

What does industrial space near Intrepid Warehouse Complex rent for?⌄

JTC's rental returns for Ubi Avenue 4 put the median at about S$2.42 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Ubi Avenue 4, not a rent quoted for Intrepid Warehouse Complex itself.

What is the nearest MRT station to Intrepid Warehouse Complex?⌄

Tai Seng MRT is the closest, 816 m away (about a 13-minute walk).

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