Osim Headquarters

Asset class

Industrial

Land-use zone

BUSINESS 1

Gross plot ratio

2.5

Tenure

Leasehold

District / Area

District 14 · Geylang

Address

65 Ubi Avenue 1

Land area

7,074 sqm

Completed

Not on record

Storeys

7 (© OpenStreetMap contributors)

Owner

CapitaLand Ascendas REIT (SGX filings)

Net lettable area

162,190 sq ft (the owner's annual report (as filed on SGX))

Transactions on record

1 (records start 1995)

Live listings

None

ACRA registrations

17

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.

Osim Headquarters is an industrial building in Geylang (District 14). It is located along Ubi Avenue 1, Singapore 408939.

Under the URA Master Plan the site is zoned Business 1 with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

The site is leasehold, with about 31 years left to run. It sits on about 7,074 sqm of land with roughly 17,684 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$433 psf. The most recent was in May 2003.

Across JTC's rental returns for Ubi Avenue 1, the median rent for industrial space on this street works out to about S$1.77 psf per month over 106 observations. Observed medians on the street span S$0.45 to S$2.63 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

1 industrial project is still uncompleted on this street, adding about 15,260 sqm of gross floor area, the earliest due around 2028.

The nearest port or airport land is about 6.7 km away. The closest business-park zone is about 1.8 km away. The nearest MRT is Macpherson MRT, 396 m away (about a 6-minute walk). The closest bus stop (Opp Meiban Ind Bldg) is 198 m away (about a 3-minute walk).

17 businesses are currently registered at this address with ACRA.

Land-use zone

BUSINESS 1

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. 3 Mar 2021Approved
   Change of use to product qc area, customer service area and ancillary office

   Change of use part 2nd storey warehouse to product qc area, customer service area and ancillary office

2. 11 Nov 2011Approved
   Additions & alterations

   Regularisation of gfa and amendment to the approved additions and alterations involving facade retrofitting to the existing 8-storey single user single occupier light industrial development

3. 18 Jul 2011Approved
   Additions & alterations

   Proposed addition and alteration involving facade retrofitting to the existing 8-storey single user single occupier light industrial development

4. 18 Aug 2006Approved
   Change of use: production area → quality assurance and cafe & lounge to ancillary staff canteen

   Change of use of single-user light industrial factory from production area to quality assurance and cafe & lounge to ancillary staff canteen

5. 13 Feb 2006Approved
   Change of use: production area → r & d

   Cu of light industrial factory at 4th sty from production area to r & d (mechanical and electrical research laboratory and design facility)

6. 12 May 2004Approved
   Change of use to ancillary office

   Proposed change of use of 4th storey (part) warehouse to ancillary office

7. 4 Apr 2003Approved
   Change of use to ancillary office

   Proposed change of use of 2nd floor (part) warehouse to ancillary office

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
  6
• Professional, scientific and technical services
  5
• Financial and insurance
  4
• Manufacturing
  1
• Education
  1

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$19.10 psm/mo

Observed range

S$4.85 – S$28.31

Pipeline on this street

1 project · earliest TOP 2028

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.