Meiban Industrial Building
Meiban Industrial Building 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. 1 transaction is on record since 1995, most recently in Nov 2015. ACRA records 14 live company registrations at this address.
What are the key facts about Meiban Industrial Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 14 · Geylang
- Address
- 11 Ubi Road 1
- Land area
- 9,400 sqm
- Completed
- Not on record
- Storeys
- Not on record
- Owner
- ESR REIT (SGX filings)
- Net lettable area
- 218,712 sq ft (the owner's annual report (as filed on SGX))
- Land lease expires
- 2055 (the owner's annual report (as filed on SGX))
- Estate (JTC)
- Kampong Ubi Industrial Estate
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 14
Who owns Meiban Industrial Building, and what is it valued at?
- Occupancy
- 100% (as of 31 Dec 2025)
- Land lease expires
- 31 Aug 2055
- Announced 24 Nov 2015 · completed 24 Nov 2015VI-REIT bought Ubi Property for S$80.7 million (purchase consideration) from Meiban Investment Pte Ltd.
Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.
About Meiban Industrial Building
Meiban Industrial Building is an industrial building in Geylang (District 14). It is located along Ubi Road 1, Singapore 408723.
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 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 9,400 sqm of land with roughly 23,499 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$782 psf. The most recent was in November 2015.
Across JTC's rental returns for Ubi Road 1, the median rent for industrial space on this street works out to about S$2.09 psf per month over 85 observations. Observed medians on the street span S$1.00 to S$3.01 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 6.8 km away. The closest business-park zone is about 1.7 km away. The nearest MRT is Macpherson MRT, 322 m away (about a 5-minute walk). The closest bus stop (Opp Meiban Ind Bldg) is 40 m away (about a 1-minute walk).
14 businesses are currently registered at this address with ACRA.
What is Meiban Industrial Building zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has Meiban Industrial Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Nov 2015 | Single-user Factory | S$80.70M | 103,239 sqft | $782 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Meiban Industrial Building rent for?
Strata factory space on Ubi Road 1
Street level · 2026Q3S$ per sq ft per month (median only published) · median +1.3% on a year earlier
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 Meiban Industrial Building
- 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
- 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
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.
What's been approved at Meiban Industrial Building?
- 1 Sept 2026ApprovedFloor 7Change of use to ancillary office
Proposed change of use of unit #07-XX to ancillary office
- 1 Apr 2016ApprovedFloor 3Change of use: production area → industrial training
Proposed change of use of unit #03-XX from production area to industrial training at meiban industrial building
- 3 Aug 2005ApprovedAdditions & alterations
Proposed amendment to approved additions and alterations to existing 7-storey single-user light industrial factory with a basement carpark
- 3 Aug 2004ApprovedAdditions & alterations
Proposed a/a to existing 7-sty single-user light industrial factory with a basement carpark
- 16 Oct 2002ApprovedChange of use: dormitory → type 1 e-business use
Change of use of part of 7th storey of the existing 7-storey single-user factory with a basement carpark from dormitory to type 1 e-business use
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 Road 1 price?
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 near Meiban Industrial Building?
Getting around
- Macpherson MRT322 m · ~5 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Meiban Industrial Building
nearest MRT/LRT MacPherson (CC10/DT26) 291 m, about 39,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 10, about 13,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 40,000 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
- MacPherson (CC10 / DT26)291 m · about 39,000 weekday taps
- Ubi (DT27)735 m · about 22,000 weekday taps
- Paya Lebar (EW8 / CC9)845 m · about 95,000 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 Meiban Industrial Building. Transfers between lines don't tap, so interchanges read low.
Bus
10 bus stops within 400 m, with about 13,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Ubi Ave 1 (URA)101 mS$0.60 per half-hour at midday on a weekday · 4 car lots
- Ubi Crescent (URA)338 mS$0.60 per half-hour at midday on a weekday · 17 car lots
- Blk 76 Circuit Road (HDB)379 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 436 car lots
- Eunos Rd 7 - Eunos Ave 6 Hvp (URA)386 m
- Blk 82 Circuit Road (HDB)395 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 314 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: Macpherson Road Area, 1.3 km away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. Meiban Industrial Building's own car park, if it has one, and its charges are not in the open data.
Who's registered at Meiban Industrial Building?
- Professional, scientific and technical services4
- Wholesale and retail trade3
- Financial and insurance3
- Manufacturing2
- Administrative and support services1
- Other services1
- Information and communications0
- Real estate0
- Arts, entertainment and recreation0
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?
- Street rent, median
- S$22.52 psm/mo
- Observed range
- S$10.76 – S$32.43
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 Meiban Industrial Building
Where is Meiban Industrial Building?⌄
Meiban Industrial Building is at 11 Ubi Road 1, Singapore 408723, in the Geylang planning area.
What is Meiban Industrial Building zoned as?⌄
Meiban Industrial Building 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 Meiban Industrial Building?⌄
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 Meiban Industrial Building?⌄
Meiban Industrial Building is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at Meiban Industrial Building sold for?⌄
Across 1 recorded transaction, the median is S$782 psf. The latest was in November 2015.
What does industrial space near Meiban Industrial Building rent for?⌄
JTC's rental returns for Ubi Road 1 put the median at about S$2.09 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Ubi Road 1, not a rent quoted for Meiban Industrial Building itself.
What is the nearest MRT station to Meiban Industrial Building?⌄
Macpherson MRT is the closest, 322 m away (about a 5-minute walk).
How many businesses are registered at Meiban Industrial Building?⌄
14 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on Meiban Industrial Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
