IndustrialBUSINESS 1LeaseholdDistrict 14 · Geylang

Meiban Industrial Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Nov 2015
Quick Summary

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.

1

What are the key facts about Meiban Industrial Building?

Key takeawayMeiban Industrial Building 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
11 Ubi Road 1
Land area
9,400 sqm
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
14
2

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.

3

What is Meiban Industrial Building zoned as?

Key takeawayMeiban Industrial Building 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

What has Meiban Industrial Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Nov 2015 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2015Single-user FactoryS$80.70M103,239 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.

5

How does Ubi Road 1 price?

Key takeawayUbi Road 1's current JTC street rent is S$32.43 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 5.5% (5.0% net of property tax).
Strata sales on the street (5y)
341
Street median PSF (strata)
$633
Indicative street yield
5.5% gross
5.0% 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.

6

What is near Meiban Industrial Building?

Key takeawayThe nearest MRT/LRT is Macpherson MRT, about 322 m away.

Getting around

Amenities nearby

Opp Meiban Ind Bldg · 40 mMHC Medical Centre (Ubi) · 199 mMacpherson MRT Exit B · 291 mEducational Institution · 560 mBlk 80 Circuit Road · 720 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Meiban Industrial Building?

Key takeawayACRA records 14 live company registrations at this address, 2 of them in the last three years.
Live registrations
14
Registered last 3 years
2

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.

8

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$22.52 psm/month — an all-time median from 2000 onwards, not a current rent.
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.

9

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.

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