Octopus Building
Octopus 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 with roughly 1 years remaining. 3 transactions are on record since 1995, most recently in Nov 2019. ACRA records 16 live company registrations at this address.
What are the key facts about Octopus Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.0
- Tenure
- Leasehold
- District / Area
- District 14 · Geylang
- Address
- 361 Ubi Road 3
- Land area
- 4,564 sqm
- Transactions on record
- 3 (records start 1995)
- Live listings
- None
- ACRA registrations
- 16
About Octopus Building
Octopus Building is an industrial building in Geylang (District 14). It is located along Ubi Road 3, Singapore 408664.
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 1 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 4,564 sqm of land with roughly 9,128 sqm of gross floor area.
3 transactions have been recorded here, at a median of S$377 psf. The most recent was in November 2019.
Across JTC's rental returns for Ubi Road 3, the median rent for industrial space on this street works out to about S$1.11 psf per month over 5 observations. Observed medians on the street span S$1.04 to S$1.75 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 1.0 km away. The nearest MRT is Ubi MRT, 551 m away (about a 9-minute walk). The closest bus stop (Cycle & Carriage) is 187 m away (about a 3-minute walk).
16 businesses are currently registered at this address with ACRA.
What is Octopus Building zoned as?
- Land-use zone
- BUSINESS 2
- Gross plot ratio
- 2.0
What has Octopus Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Nov 2019 | Single-user Factory | S$30.50M | 49,124 sqft | $621 |
| Jan 2013 | Single-user Factory | S$18.50M | 49,124 sqft | $377 |
| Apr 2007 | Single-user Factory | S$18.00M | 49,124 sqft | $366 |
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.
What is near Octopus Building?
Getting around
- Ubi MRT551 m · ~9 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Octopus Building?
- Live registrations
- 16
- Registered last 3 years
- 7
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.
What does industrial space rent for on this street?
- Street rent, median
- S$11.96 psm/mo
- Observed range
- S$11.17 – S$18.84
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 Octopus Building
Where is Octopus Building?⌄
Octopus Building is at 361 Ubi Road 3, Singapore 408664, in the Geylang planning area.
What is Octopus Building zoned as?⌄
Octopus 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 Octopus 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 Octopus Building?⌄
Octopus Building is leasehold. About 1 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.
What have units at Octopus Building sold for?⌄
Across 3 recorded transactions, the median is S$377 psf. The latest was in November 2019.
What does industrial space near Octopus Building rent for?⌄
JTC's rental returns for Ubi Road 3 put the median at about S$1.11 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Ubi Road 3, not a rent quoted for Octopus Building itself.
What is the nearest MRT station to Octopus Building?⌄
Ubi MRT is the closest, 551 m away (about a 9-minute walk).
How many businesses are registered at Octopus Building?⌄
16 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 Octopus Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.