IndustrialBUSINESS 2LeaseholdDistrict 14 · Geylang

Nam Hiong Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2007
Quick Summary

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.

1

What are the key facts about Nam Hiong Building?

Key takeawayNam Hiong 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
2.5
Tenure
Leasehold
District / Area
District 14 · Geylang
Address
45 Ubi Road 1
Land area
6,898 sqm
Transactions on record
1 (records start 1995)
Live listings
1
ACRA registrations
63
2

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.

3

What is Nam Hiong Building zoned as?

Key takeawayNam Hiong Building sits on land zoned BUSINESS 2 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 2
Gross plot ratio
2.5

Run the full zoning report for this building →

4

What has Nam Hiong Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jun 2007 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2007Single-user FactoryS$22.50M74,251 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.

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 available at Nam Hiong Building right now?

Key takeaway1 unit is currently listed at Nam Hiong Building. One row per unit; several agents often market the same unit.

For rent (1)

  • Ground floor Stand Alone 2 floor at Macpherson Tai Seng Benson Chan 9o36.5ooo2 agentsS$25k/mo · 15,000 sqft

Browse every listing at this building →

7

What is near Nam Hiong Building?

Key takeawayThe nearest MRT/LRT is Macpherson MRT, about 407 m away.

Getting around

Amenities nearby

Traffic Police · 120 mEducational Institution · 319 mMacpherson MRT Exit A · 373 mLifecare Medical Centre · 515 mBlk 80 Circuit Road · 525 mBusiness Park · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Nam Hiong Building?

Key takeawayACRA records 63 live company registrations at this address, 22 of them in the last three years.
Live registrations
63
Registered last 3 years
22

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$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.

10

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.

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