IndustrialBUSINESS 2LeaseholdDistrict 14 · Bedok

Ravago Asia Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2023

Quick Summary

Ravago Asia Building is a industrial building in District 14 · Bedok, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 29 years remaining. 2 transactions are on record since 1995, most recently in Nov 2023. ACRA records 7 live company registrations at this address.

The facts are here — now get the verdict on Ravago Asia Building.

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What are the key facts about Ravago Asia Building?

Key takeawayRavago Asia Building is a industrial building in District 14 · Bedok, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 14 · Bedok
Address: 36 Kaki Bukit Place
Land area: 1,914 sqm
Completed: 2007 (per EdgeProp)
Storeys: Not on record
Transactions on record: 2 (records start 1995)
Live listings: None
ACRA registrations: 7

About Ravago Asia Building

Ravago Asia Building is an industrial building in Bedok (District 14). It is located along Kaki Bukit Place, Singapore 416214.

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 29 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 1,914 sqm of land with roughly 4,785 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$1,104 psf. The most recent was in November 2023.

Across JTC's rental returns for Kaki Bukit Place, the median rent for industrial space on this street works out to about S$1.91 psf per month over 105 observations. Observed medians on the street span S$0.90 to S$3.02 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 1.5 km away. The nearest MRT is Ubi MRT, 612 m away (about a 10-minute walk). The closest bus stop (Kaki Bt Ind Est) is 198 m away (about a 3-minute walk).

9 businesses are currently registered at this address with ACRA.

What is Ravago Asia Building zoned as?

Key takeawayRavago Asia 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 →

What has Ravago Asia Building sold for?

Key takeaway2 transactions are on record since 1995, most recently in Nov 2023 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Nov 2023	Single-user Factory	S$21.50M	20,599 sqft	$1,044
Dec 2015	Single-user Factory	S$24.00M	20,599 sqft	$1,165

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 Ravago Asia Building rent for?

Key takeawayNo rent is published for Ravago Asia Building itself. On its street, Kaki Bukit Place, strata factory space rented at a median of $2.80 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 Kaki Bukit Place

Street level · 2026Q3

25th pct

—

— psm

Median

$2.80

$30.09 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +1% on a year earlier

2023Q4 · $31.24 psm2026Q3 · $30.09 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 Ravago Asia Building

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.

What's been approved at Ravago Asia Building?

Key takeawayURA has approved 1 change of use at Ravago Asia Building since 2000, most recently in 2023. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

12 May 2026Renewed
Continued use as warehouse
Continued use of the 4th storey production area as warehouse (self-storage space)
28 Jul 2023Approved
Change of use: production area → warehouse
Proposed change of use of the 4th storey from production area to warehouse (self-storage space)

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 Kaki Bukit Place price?

Key takeawayKaki Bukit Place's current JTC street rent is S$30.09 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 5.8% (5.2% net of property tax).

Strata sales on the street (5y)

Street median PSF (strata)

$517

Indicative street yield

5.8% gross

5.2% 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 Ravago Asia Building?

Key takeawayThe nearest MRT/LRT is Ubi MRT, about 612 m away.

Getting around

Ubi MRT612 m · ~10 min

Amenities nearby

Kaki Bt Ind Est · 198 mAdvance Clinic & Surgery · 408 mUbi MRT Exit A · 573 mEducational Institution · 594 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Ravago Asia Building

Key takeawayThe nearest station is Ubi (DT27), 574 m away — a moderately busy station, with about 22,000 taps in and out on an average weekday. 5 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 78% of industrial buildings

nearest MRT/LRT Ubi (DT27) 574 m, about 22,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 9, about 12,000 taps a weekday; Bedok: 59,875 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)574 m · about 22,000 weekday taps
Kaki Bukit (DT28)657 m · about 25,000 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 Ravago Asia Building. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with about 12,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Kaki Bukit Place (URA)68 m
S$0.60 per half-hour at midday on a weekday · 14 car lots
Kaki Bukit Rd 1 (URA)69 m
S$0.60 per half-hour at midday on a weekday · season S$90/month · 15 car lots
Ubi Rd 4 (URA)359 m
S$0.60 per half-hour at midday on a weekday · 10 car lots
Blk 637A Bedok Reservoir Road (HDB)465 m
S$0.60 per half-hour at midday on a weekday · gantry 1.9 m · 585 car lots
Blk 649A Jalan Tenaga (HDB)496 m
S$0.60 per half-hour at midday on a weekday · gantry 1.9 m · 334 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.

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

Who's registered at Ravago Asia Building?

Key takeaway7 live companies (and LLPs and branches; sole proprietors are not counted) list Ravago Asia Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
4
Professional, scientific and technical services
2
Manufacturing
1
Information and communications
0
Administrative and support services
0
Financial and insurance
0
Education
0
Health and social services
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$20.53 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$20.53 psm/mo
Observed range: S$9.64 – S$32.52

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 Ravago Asia Building

Where is Ravago Asia Building?⌄

Ravago Asia Building is at 36 Kaki Bukit Place, Singapore 416214, in the Bedok planning area.

What is Ravago Asia Building zoned as?⌄

Ravago Asia 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 Ravago Asia 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 Ravago Asia Building?⌄

Ravago Asia Building is leasehold. About 29 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Ravago Asia Building sold for?⌄

Across 2 recorded transactions, the median is S$1,104 psf. The latest was in November 2023.

What does industrial space near Ravago Asia Building rent for?⌄

JTC's rental returns for Kaki Bukit Place put the median at about S$1.91 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Kaki Bukit Place, not a rent quoted for Ravago Asia Building itself.

What is the nearest MRT station to Ravago Asia Building?⌄

Ubi MRT is the closest, 612 m away (about a 10-minute walk).

How many businesses are registered at Ravago Asia Building?⌄

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

For agents · in the PropKaki app

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Read the figures right

Completion year: as EdgeProp states it, not checked against an official record. Sales records start in 1995, which says nothing about when a building was built.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

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.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

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 EdgeProp, URA planning decisions, 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.