Nam Hiong Building
Nam Hiong 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 2.5. It is leasehold. 1 transaction is on record since 1995, most recently in Jun 2007. 1 unit is currently listed for rent. ACRA records 63 live company registrations at this address.
What are the key facts about Nam Hiong Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
- Tenure
- Leasehold
- District / Area
- District 14 · Geylang
- Address
- 45 Ubi Road 1
- Land area
- 6,898 sqm
- Completed
- Not on record
- Storeys
- 5 (© OpenStreetMap contributors)
- Owner
- Mapletree Industrial Trust (SGX filings)
- Estate (JTC)
- Kampong Ubi Industrial Estate
- Listed as
- Warehouse
- Transactions on record
- 1 (records start 1995)
- Live listings
- 1
- ACRA registrations
- 63
Who owns Nam Hiong Building, and what is it valued at?
- Occupancy
- 96.2% (as of 31 Mar 2026)
- Land tenure
- 30 + 30 years
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 Nam Hiong Building
Nam Hiong Building is an industrial building in Geylang (District 14). It is located along Ubi Road 1, Singapore 408696.
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. It sits on about 6,898 sqm of land with roughly 17,245 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$303 psf. The most recent was in June 2007.
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 7.1 km away. The closest business-park zone is about 1.2 km away. The nearest MRT is Macpherson MRT, 407 m away (about a 6-minute walk). The closest bus stop (Traffic Police) is 120 m away (about a 2-minute walk).
63 businesses are currently registered at this address with ACRA.
What is Nam Hiong Building zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.5
What has Nam Hiong Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jun 2007 | Single-user Factory | S$22.50M | 74,251 sqft | $303 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Nam Hiong Building rent for?
Strata factory space on Ubi Road 1
Street level · 2026Q3S$ 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 Nam Hiong 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.
How fast units move at Nam Hiong Building
Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.
One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.
What's been approved at Nam Hiong Building?
- 24 Oct 2025RenewedFloors 4, 5Continued use as e-business
Continued use of units #04-XX, #04-XX, #05-XX and #05-XX as e-business
- 28 Nov 2022ApprovedFloor 5Change of use to e-business
Change of use of the 5th storey unit #05-XX to e-business (software design and development)
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 available at Nam Hiong Building right now?
For rent (1)
- Ground floor Stand Alone 2 floor at Macpherson Tai Seng Benson Chan 9o36.5ooo2 agentsS$25k/mo · 15,000 sqft
What is near Nam Hiong Building?
Getting around
- Macpherson MRT407 m · ~6 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Nam Hiong Building
nearest MRT/LRT MacPherson (CC10/DT26) 373 m, about 39,000 taps a weekday; 3 more stations within 1 km; bus stops within 400 m: 10, about 14,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 39,000 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)373 m · about 39,000 weekday taps
- Tai Seng (CC11)670 m · about 45,000 weekday taps
- Ubi (DT27)789 m · about 22,000 weekday taps
- Mattar (DT25)928 m · 9,848 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 Nam Hiong Building. Transfers between lines don't tap, so interchanges read low.
Bus
10 bus stops within 400 m, with about 14,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Ubi Rd 1 (URA)87 mS$0.60 per half-hour at midday on a weekday · 26 car lots
- Blk 3004-3007,3014,3015 Ubi Road 1 (JTC)229 m
- Ubi Ave 3 (URA)317 mS$0.60 per half-hour at midday on a weekday · 67 car lots
- Blk 17 Circuit Road (HDB)326 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m
- Ubi Link (URA)387 mS$0.60 per half-hour at midday on a weekday · 18 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: Kampong Ampat Industri Al Estate, 925 m away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. Nam Hiong Building's own car park, if it has one, and its charges are not in the open data.
Who's registered at Nam Hiong Building?
- Financial and insurance40
- Accommodation and food services9
- Wholesale and retail trade6
- Real estate3
- Information and communications2
- Professional, scientific and technical services2
- Manufacturing1
- Construction0
- Administrative and support services0
- Other services0
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 Nam Hiong Building
Where is Nam Hiong Building?⌄
Nam Hiong Building is at 45 Ubi Road 1, Singapore 408696, in the Geylang planning area.
What is Nam Hiong Building zoned as?⌄
Nam Hiong Building is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.
What kind of business can operate at Nam Hiong 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 Nam Hiong Building?⌄
Nam Hiong 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 Nam Hiong Building sold for?⌄
Across 1 recorded transaction, the median is S$303 psf. The latest was in June 2007.
What does industrial space near Nam Hiong 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 Nam Hiong Building itself.
What is the nearest MRT station to Nam Hiong Building?⌄
Macpherson MRT is the closest, 407 m away (about a 6-minute walk).
How many businesses are registered at Nam Hiong Building?⌄
63 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 Nam Hiong 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.
