IndustrialBUSINESS 2LeaseholdDistrict 14 · Geylang

Pioneers & Leaders Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2025

Quick Summary

Pioneers & Leaders Centre 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 33 years remaining. 1 transaction is on record since 1995, most recently in Jul 2025. ACRA records 13 live company registrations at this address.

The facts are here — now get the verdict on Pioneers & Leaders Centre.

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What are the key facts about Pioneers & Leaders Centre?

Key takeawayPioneers & Leaders Centre is a industrial building in District 14 · Geylang, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 2.0
Tenure: Leasehold
District / Area: District 14 · Geylang
Address: 4 Ubi View
Land area: 2,073 sqm
Completed: Not on record
Storeys: Not on record
Transactions on record: 1 (records start 1995)
Live listings: None
ACRA registrations: 13

About Pioneers & Leaders Centre

Pioneers & Leaders Centre is an industrial building in Geylang (District 14). It is located along Ubi View, Singapore 408557.

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 33 years left to run. It sits on about 2,073 sqm of land with roughly 4,147 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$753 psf. The most recent was in July 2025.

Across JTC's rental returns for Ubi View, the median rent for industrial space on this street works out to about S$2.20 psf per month over 56 observations. Observed medians on the street span S$1.60 to S$2.82 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 7.7 km away. The closest business-park zone is about 1.2 km away. The nearest MRT is Ubi MRT, 375 m away (about a 6-minute walk). The closest bus stop (Cycle & Carriage) is 193 m away (about a 3-minute walk).

14 businesses are currently registered at this address with ACRA.

What is Pioneers & Leaders Centre zoned as?

Key takeawayPioneers & Leaders Centre sits on land zoned BUSINESS 2 with a gross plot ratio of 2.0.

Land-use zone: BUSINESS 2
Gross plot ratio: 2.0

Run the full zoning report for this building →

What has Pioneers & Leaders Centre sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jul 2025 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Jul 2025	Single-user Factory	S$16.80M	22,321 sqft	$753

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 Pioneers & Leaders Centre rent for?

Key takeawayNo rent is published for Pioneers & Leaders Centre itself. On its street, Ubi View, strata factory space rented at a median of $2.42 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Ubi View

Street level · 2026Q3

25th pct

—

— psm

Median

$2.42

$26.02 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median -7.5% on a year earlier

2023Q3 · $28.18 psm2026Q3 · $26.02 psm median

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 Pioneers & Leaders Centre

Key takeawayBrokers' industrial figures for Singapore as a whole — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

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

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026 (island-wide)

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

Singapore Industrial MarketBeat Q2 2026

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 does Ubi View price?

Key takeawayUbi View's current JTC street rent is S$26.02 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 6.0% (5.4% net of property tax).

Strata sales on the street (5y)

Street median PSF (strata)

$479

Indicative street yield

6.0% gross

5.4% 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.

What is near Pioneers & Leaders Centre?

Key takeawayThe nearest MRT/LRT is Ubi MRT, about 375 m away.

Getting around

Ubi MRT375 m · ~6 min

Amenities nearby

Cycle & Carriage · 193 mUbi MRT Exit B · 349 mSingMedical Clinic Ubi · 518 mEducational Institution · 572 mBusiness Park · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Pioneers & Leaders Centre

Key takeawayThe nearest station is Ubi (DT27), 349 m away — a moderately busy station, with about 22,000 taps in and out on an average weekday. 10 public car parks are within 500 m.

Foot traffic: busier than 91% of industrial buildings

nearest MRT/LRT Ubi (DT27) 349 m, about 22,000 taps a weekday; bus stops within 400 m: 10, about 11,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 26,000 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

Ubi (DT27)349 m · about 22,000 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 Pioneers & Leaders Centre. Transfers between lines don't tap, so interchanges read low.

Bus

10 bus stops within 400 m, with about 11,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Ubi View (URA)70 m
S$0.60 per half-hour at midday on a weekday · 18 car lots
Ubi Rd 3 (URA)82 m
S$0.60 per half-hour at midday on a weekday · 16 car lots
Ubi Rd 2 (URA)248 m
S$0.60 per half-hour at midday on a weekday · 35 car lots
Ubi Ave 4 (URA)283 m
S$0.60 per half-hour at midday on a weekday · 10 car lots
Ubi Rd 4 (URA)315 m
S$0.60 per half-hour at midday on a weekday · 10 car lots

Nearest URA season parking: Kaki Bukit Rd 1, 581 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Pioneers & Leaders Centre's own car park, if it has one, and its charges are not in the open data.

Who's registered at Pioneers & Leaders Centre?

Key takeaway13 live companies (and LLPs and branches; sole proprietors are not counted) list Pioneers & Leaders Centre as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
4
Manufacturing
3
Information and communications
2
Construction
2
Administrative and support services
1
Professional, scientific and technical services
1
Financial and insurance
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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$23.66 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$23.66 psm/mo
Observed range: S$17.22 – S$30.39

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 Pioneers & Leaders Centre

Where is Pioneers & Leaders Centre?⌄

Pioneers & Leaders Centre is at 4 Ubi View, Singapore 408557, in the Geylang planning area.

What is Pioneers & Leaders Centre zoned as?⌄

Pioneers & Leaders Centre 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 Pioneers & Leaders Centre?⌄

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 Pioneers & Leaders Centre?⌄

Pioneers & Leaders Centre is leasehold. About 33 years remain on the lease.

What have units at Pioneers & Leaders Centre sold for?⌄

Across 1 recorded transaction, the median is S$753 psf. The latest was in July 2025.

What does industrial space near Pioneers & Leaders Centre rent for?⌄

JTC's rental returns for Ubi View put the median at about S$2.20 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Ubi View, not a rent quoted for Pioneers & Leaders Centre itself.

What is the nearest MRT station to Pioneers & Leaders Centre?⌄

Ubi MRT is the closest, 375 m away (about a 6-minute walk).

How many businesses are registered at Pioneers & Leaders Centre?⌄

14 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.