Nam Hiong Building

Asset class

Industrial

Land-use zone

BUSINESS 2

Gross plot ratio

2.5

Tenure

Leasehold

District / Area

District 14 · Geylang

Address

55 Ubi Road 1

Land area

—

Completed

Not on record

Storeys

3 (© OpenStreetMap contributors)

Estate (JTC)

Kampong Ubi Industrial Estate

Transactions on record

1 (records start 1995)

Live listings

None

ACRA registrations

5

Nam Hiong Building is an industrial building in Geylang (District 14). It is located along Ubi Road 1, Singapore 408699.

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 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

1 transaction has been recorded here, at a median of S$119 psf. The most recent was in June 2001.

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 7.2 km away. The closest business-park zone is about 1000 m away. The nearest MRT is Tai Seng MRT, 496 m away (about a 8-minute walk). The closest bus stop (Opp Traffic Police) is 87 m away (about a 1-minute walk).

5 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 2

Gross plot ratio

2.5

Run the full zoning report for this building →

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

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.

1. 29 Oct 2024Agency works
   Additions & alterations

   Proposed partitioning works to 1st & 2nd storeys and addition of new toilet to 1st storey of the existing showroom/ warehouse/ service centre and alteration to the approved fire engine accessway on lots 04607m & 04608w mk 23 at 53 & 55 ubi road 1 (geylang planning area)

2. 29 Jan 2019Approved
   Additions & alterations

   Proposed amendment to approved addition & alteration works to a existing 3 storey motorcar service centre with ancillary office involving extension of mezzanine floor ancillary office area, internal layout changes and entrance canopy extension

3. 25 May 2018Approved
   Additions & alterations

   Proposed addition & alteration works to a existing 3 storey motorcar service centre with ancillary office involving extension of mezzanine floor ancillary office area, internal layout changes and entrance canopy extension at mk23 on lot 04607m, at 55 ubi road 1 (geylang planning area)

4. 11 Aug 2014Approved
   Additions & alterations

   Proposed amendment to approved additions and alterations to the existing 3-storey single user warehouse and 3-storey motorcar service centre with ancillary office and erection of a new vechicle bridge at 2nd and 3rd storey between unit 53 & 55 ubi road 1

5. 16 Jul 2014Approved
   Additions & alterations

   1st extension of written permission for proposed additions and alterations to the existing 3-storey single user warehouse building and 3-storey motorcar service centre with ancillary office and erection of a new vehicle bridge at 2nd and 3rd storey between 53 and 55 ubi road 1

6. 13 May 2010Approved
   Additions & alterations

   Proposed additions and alterations and change of use of the approved single user 3-storey motorcar service centre with ancillary office and showroom to single user 3-storey motorcar service centre with ancillary office

7. 23 Jul 2002Approved
   Additions & alterations

   Proposed amendment to the approved addition & alterations and use of the storey single-purpose light industrial factory as a motorcar service centre with ancillary office and showroom

8. 19 Oct 2001Approved
   Additions & alterations

   Proposed additions & alterations and use of the 3-storey single-purpose light industrial factory as a motor car service centre with ancillary office and showroom

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).

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.

Straight-line distances. Source: PropKaki amenities data.

• Wholesale and retail trade
  3
• Financial and insurance
  1
• Administrative and support services
  1
• Manufacturing
  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.

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.