IndustrialBUSINESS 2LeaseholdDistrict 22 · Boon Lay

Mooreast Offshore Base

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2026

Quick Summary

Mooreast Offshore Base is a industrial building in District 22 · Boon Lay, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.0. It is leasehold with roughly 19 years remaining. 2 transactions are on record since 1995, most recently in Jul 2026. ACRA records 7 live company registrations at this address.

The facts are here — now get the verdict on Mooreast Offshore Base.

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What are the key facts about Mooreast Offshore Base?

Key takeawayMooreast Offshore Base is a industrial building in District 22 · Boon Lay, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 1.0
Tenure: Leasehold
District / Area: District 22 · Boon Lay
Address: 51 Shipyard Road
Land area: —
Completed: 2014 (JTC industrial completions)
Storeys: Not on record
Developer: EZRA Holdings Ltd (JTC industrial completions)
Estate (JTC): Jurong Industrial Estate
Transactions on record: 2 (records start 1995)
Live listings: None
ACRA registrations: 7

About Mooreast Offshore Base

Mooreast Offshore Base is an industrial building in Boon Lay (District 22). It is located along Shipyard Road, Singapore 628139.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 19 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

2 transactions have been recorded here, at a median of S$65 psf. The most recent was in July 2026.

The nearest port or airport land is about 3.1 km away. The closest business-park zone is about 4.8 km away. The closest bus stop (Opp Mooreast) is 76 m away (about a 1-minute walk).

8 businesses are currently registered at this address with ACRA.

What is Mooreast Offshore Base zoned as?

Key takeawayMooreast Offshore Base sits on land zoned BUSINESS 2 with a gross plot ratio of 1.0.

Land-use zone: BUSINESS 2
Gross plot ratio: 1.0

Run the full zoning report for this building →

What has Mooreast Offshore Base sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jul 2026 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Jul 2026	Single-user Factory	S$29.70M	369,048 sqft	$80
Nov 2020	Single-user Factory	S$18.50M	369,048 sqft	$50

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

Market context around Mooreast Offshore Base

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.

What's been approved at Mooreast Offshore Base?

Key takeawayURA's planning decisions at Mooreast Offshore Base 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.

24 Oct 2016Agency works
Additions & alterations
Proposed shed door opening modification for triyard workshop at 51 shipyard road

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).

What is near Mooreast Offshore Base?

Amenities nearby

Opp Mooreast · 76 mKeppel Shipyard Medical Centre (Gul) · 894 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Mooreast Offshore Base

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Joo Koon, 2.6 km away. No public car park we hold is within 500 m; the nearest is Benoi Rd (URA), 576 m away; the nearest URA season parking is Lok Yang Area, 2.3 km away (S$90/month).

Foot traffic: busier than 14% of industrial buildings

no MRT/LRT within 1 km (nearest Joo Koon, 2.6 km); bus stops within 400 m: 3, about 226 taps a weekday; Boon Lay: 19,300 resident workers (Census 2020, by workplace); about 0 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.

Bus

3 bus stops within 400 m, with 226 boardings and alightings on an average weekday.

Who's registered at Mooreast Offshore Base?

Key takeaway7 live companies (and LLPs and branches; sole proprietors are not counted) list Mooreast Offshore Base as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
2
Manufacturing
2
Transportation and storage
1
Professional, scientific and technical services
1
Real estate
1
Other services
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.

Frequently asked questions about Mooreast Offshore Base

Where is Mooreast Offshore Base?⌄

Mooreast Offshore Base is at 51 Shipyard Road, Singapore 628139, in the Boon Lay planning area.

What is Mooreast Offshore Base zoned as?⌄

Mooreast Offshore Base is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at Mooreast Offshore Base?⌄

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 Mooreast Offshore Base?⌄

Mooreast Offshore Base is leasehold. About 19 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Mooreast Offshore Base sold for?⌄

Across 2 recorded transactions, the median is S$65 psf. The latest was in July 2026.

How many businesses are registered at Mooreast Offshore Base?⌄

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

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Read the figures right

Completion year: the first quarter JTC records a TOP (Temporary Occupation Permit) at this address. JTC lists major industrial projects (7,000 sqm and up) from 2013; where an older building stood on the site, this is the current building's year.

Developer: as named on JTC's completion record, often the project company rather than the listed group.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

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.

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 JTC industrial completions, JTC estate boundaries, URA car park data (URA Data Service), PropKaki's foot-traffic model — 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.