IndustrialBUSINESS 2LeaseholdDistrict 14 · Geylang

Mintwell Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Jan 2017
Quick Summary

Mintwell Building is a industrial building in District 14 · Geylang, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.0. It is leasehold. 2 transactions are on record since 1995, most recently in Jan 2017. 2 units are currently listed for rent. ACRA records 87 live company registrations at this address.

1

What are the key facts about Mintwell Building?

Key takeawayMintwell Building is a industrial building in District 14 · Geylang, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.0
Tenure
Leasehold
District / Area
District 14 · Geylang
Address
55 Ubi Avenue 3
Land area
6,557 sqm
Transactions on record
2 (records start 1995)
Live listings
2
ACRA registrations
87
2

About Mintwell Building

Mintwell Building is an industrial building in Geylang (District 14). It is located along Ubi Avenue 3, Singapore 408864.

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

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 6,557 sqm of land with roughly 13,113 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$290 psf. The most recent was in January 2017.

Across JTC's rental returns for Ubi Avenue 3, the median rent for industrial space on this street works out to about S$2.00 psf per month over 75 observations. Observed medians on the street span S$1.14 to S$2.67 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 7.8 km away. The closest business-park zone is about 1.1 km away. The nearest MRT is Ubi MRT, 470 m away (about a 7-minute walk). The closest bus stop (Cycle & Carriage) is 146 m away (about a 2-minute walk).

87 businesses are currently registered at this address with ACRA.

3

What is Mintwell Building zoned as?

Key takeawayMintwell Building sits on land zoned BUSINESS 2 with a gross plot ratio of 2.0.
Land-use zone
BUSINESS 2
Gross plot ratio
2.0

Run the full zoning report for this building →

4

What has Mintwell Building sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jan 2017 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jan 2017Single-user FactoryS$22.14M70,574 sqft$314
Feb 2007Single-user FactoryS$18.80M70,574 sqft$266

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 Avenue 3 price?

Key takeawayUbi Avenue 3's current JTC street rent is S$27.94 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 5.7% (5.1% net of property tax).
Strata sales on the street (5y)
216
Street median PSF (strata)
$525
Indicative street yield
5.7% gross
5.1% 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 available at Mintwell Building right now?

Key takeaway2 units are currently listed at Mintwell Building. One row per unit; several agents often market the same unit.

For rent (2)

  • Ubi Avenue 32 agentsS$24k/mo · 13,200 sqft
  • 51 ubi ave 3S$60k/mo · 24,000 sqft

Browse every listing at this building →

7

What is near Mintwell Building?

Key takeawayThe nearest MRT/LRT is Ubi MRT, about 470 m away.

Getting around

Amenities nearby

Cycle & Carriage · 146 mUbi MRT Exit B · 453 mSingMedical Clinic Ubi · 590 mEducational Institution · 658 mBusiness Park · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Mintwell Building?

Key takeawayACRA records 87 live company registrations at this address, 17 of them in the last three years.
Live registrations
87
Registered last 3 years
17

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.

9

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$21.53 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$21.53 psm/mo
Observed range
S$12.26 – S$28.79

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.

10

Frequently asked questions about Mintwell Building

Where is Mintwell Building?

Mintwell Building is at 55 Ubi Avenue 3, Singapore 408864, in the Geylang planning area.

What is Mintwell Building zoned as?

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

What kind of business can operate at Mintwell Building?

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 Mintwell Building?

Mintwell 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 Mintwell Building sold for?

Across 2 recorded transactions, the median is S$290 psf. The latest was in January 2017.

What does industrial space near Mintwell Building rent for?

JTC's rental returns for Ubi Avenue 3 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 Avenue 3, not a rent quoted for Mintwell Building itself.

What is the nearest MRT station to Mintwell Building?

Ubi MRT is the closest, 470 m away (about a 7-minute walk).

How many businesses are registered at Mintwell Building?

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

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