IndustrialBUSINESS 2LeaseholdDistrict 14 · Geylang

Tong Xing Complex

Reviewed by Nathan TangUpdated 8 November 2026Data through Feb 2005

Quick Summary

Tong Xing Complex 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 with roughly 16 years remaining. 2 transactions are on record since 1995, most recently in Feb 2005. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on Tong Xing Complex.

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What are the key facts about Tong Xing Complex?

Key takeawayTong Xing Complex 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: 121,123 Ubi Avenue 4
Land area: —
Completed: Not on record
Storeys: 3 (© OpenStreetMap contributors)
Strata units (MCST): 6
Managing agent: SG MANAGING AGENT PTE.LTD.
Strata formed: 1996 (MCST 1176)
Estate (JTC): Kampong Ubi Industrial Estate
Transactions on record: 2 (records start 1995)
Live listings: None
ACRA registrations: 0

About Tong Xing Complex

Tong Xing Complex is an industrial building in Geylang (District 14). It is located along Ubi Avenue 4, Singapore 408766.

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 16 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

2 transactions have been recorded here, at a median of S$149 psf. The most recent was in February 2005.

Across JTC's rental returns for Ubi Avenue 4, the median rent for industrial space on this street works out to about S$2.42 psf per month over 64 observations. Observed medians on the street span S$0.40 to S$3.20 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 879 m away. The nearest MRT is Ubi MRT, 713 m away (about a 11-minute walk). The closest bus stop (Comfort Test Ctr) is 179 m away (about a 3-minute walk).

What is Tong Xing Complex zoned as?

Key takeawayTong Xing Complex 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 Tong Xing Complex sold for?

Key takeaway2 transactions are on record since 1995, most recently in Feb 2005 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Feb 2005	Multiple-user Factory	S$1.60M	13,433 sqft	$119
Apr 2000	Multiple-user Factory	S$2.40M	13,433 sqft	$179

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 Tong Xing Complex rent for?

Key takeawayNo rent is published for Tong Xing Complex itself. On its street, Ubi Avenue 4, strata factory space rented at a median of $3.13 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 Avenue 4

Street level · 2026Q3

25th pct

—

— psm

Median

$3.13

$33.72 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +0.1% on a year earlier

2023Q4 · $32.56 psm2026Q3 · $33.72 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 Tong Xing Complex

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 Tong Xing Complex?

Key takeawayURA's planning decisions at Tong Xing Complex since 2000 are below. 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.

19 Jan 2022Approved
Additions & alterations
Proposed amendment to the approved additions & alterations to the existing single-user 3-storey with mezzanine floor terrace warehouse on lot 02771m mk 23 at 121 & 123 ubi avenue 4
21 Jan 2020Approved
Additions & alterations
Proposed additions & alterations to the existing single-user 3-storey with mezzanine floor terrace warehouse
25 May 2006Approved
Additions & alterations
Proposed additions and alterations to existing single user terrace warehouse
28 Nov 2000Approved
Additions & alterations
Proposed additions and alterations to existing 3-storey terrace warehouse

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 Ubi Avenue 4 price?

Key takeawayUbi Avenue 4's current JTC street rent is S$33.72 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 5.4% (4.9% net of property tax).

Strata sales on the street (5y)

105

Street median PSF (strata)

$675

Indicative street yield

5.4% gross

4.9% 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 Tong Xing Complex?

Key takeawayThe nearest MRT/LRT is Ubi MRT, about 713 m away.

Getting around

Ubi MRT713 m · ~11 min

Amenities nearby

Comfort Test Ctr · 179 mUbi MRT Exit B · 684 mThe Clinic @ Tai Seng · 721 mEducational Institution · 818 mBusiness Park · 879 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Tong Xing Complex

Key takeawayThe nearest station is Ubi (DT27), 684 m away — a moderately busy station, with about 22,000 taps in and out on an average weekday. 8 public car parks are within 500 m.

Foot traffic: busier than 92% of industrial buildings

nearest MRT/LRT Ubi (DT27) 684 m, about 22,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 10, about 12,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 24,000 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)684 m · about 22,000 weekday taps
Tai Seng (CC11)754 m · about 45,000 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 Tong Xing Complex. Transfers between lines don't tap, so interchanges read low.

Bus

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

Public car parks within 500 m

Ubi Ave 4 (URA)80 m
S$0.60 per half-hour at midday on a weekday · 10 car lots
Ubi Avenue 4 (JTC)144 m
Ubi Rd 2 (URA)170 m
S$0.60 per half-hour at midday on a weekday · 35 car lots
Ubi Link (URA)339 m
S$0.60 per half-hour at midday on a weekday · 18 car lots
Ubi View (URA)365 m
S$0.60 per half-hour at midday on a weekday · 18 car lots

Nearest URA season parking: Kaki Bukit Rd 2, 515 m away, S$90/month.

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

Who's registered at Tong Xing Complex?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list Tong Xing Complex as their registered address. These are registered businesses, not who occupies the space.

Manufacturing
0
Construction
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$26.10 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$26.10 psm/mo
Observed range: S$4.28 – S$34.41

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 Tong Xing Complex

Where is Tong Xing Complex?⌄

Tong Xing Complex is at 121,123 Ubi Avenue 4, Singapore 408766, in the Geylang planning area.

What is Tong Xing Complex zoned as?⌄

Tong Xing Complex 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 Tong Xing Complex?⌄

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 Tong Xing Complex?⌄

Tong Xing Complex is leasehold. About 16 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Tong Xing Complex sold for?⌄

Across 2 recorded transactions, the median is S$149 psf. The latest was in February 2005.

What does industrial space near Tong Xing Complex rent for?⌄

JTC's rental returns for Ubi Avenue 4 put the median at about S$2.42 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Ubi Avenue 4, not a rent quoted for Tong Xing Complex itself.

What is the nearest MRT station to Tong Xing Complex?⌄

Ubi MRT is the closest, 713 m away (about a 11-minute walk).

For agents · in the PropKaki app

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Read the figures right

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

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

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".

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

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 BCA's MCST register, JTC estate boundaries, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — 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.