IndustrialBUSINESS 1LeaseholdDistrict 14 · Geylang

Ubi 55

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2025

Quick Summary

Ubi 55 is a industrial building in District 14 · Geylang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 31 years remaining. 2 transactions are on record since 1995, most recently in Sept 2025. 13 units are currently listed for rent. ACRA records 92 live company registrations at this address.

The facts are here — now get the verdict on Ubi 55.

Ask PropKaki

What are the key facts about Ubi 55?

Key takeawayUbi 55 is a industrial building in District 14 · Geylang, zoned BUSINESS 1, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 14 · Geylang
Address: 55 Ubi Avenue 1
Land area: 7,596 sqm
Completed: Not on record
Storeys: 6 (© OpenStreetMap contributors)
Strata units (MCST): 91
Managing agent: CBRE PTE LTD
Strata formed: 2001 (MCST 2585)
Listed as: Light Industrial (B1), Shop / Shophouse
Transactions on record: 2 (records start 1995)
Live listings: 13
ACRA registrations: 92

About Ubi 55

Ubi 55 is an industrial building in Geylang (District 14). It is located along Ubi Avenue 1, Singapore 408935.

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 7,596 sqm of land with roughly 18,990 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$204 psf. The most recent was in September 2025.

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 6.8 km away. The closest business-park zone is about 1.9 km away. The nearest MRT is Macpherson MRT, 589 m away (about a 9-minute walk). The closest bus stop (Ubi 55) is 72 m away (about a 1-minute walk).

101 businesses are currently registered at this address with ACRA.

What is Ubi 55 zoned as?

Key takeawayUbi 55 sits on land zoned BUSINESS 1 with a gross plot ratio of 2.5.

Land-use zone: BUSINESS 1
Gross plot ratio: 2.5

Run the full zoning report for this building →

What has Ubi 55 sold for?

Key takeaway2 transactions are on record since 1995, most recently in Sept 2025 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Sept 2025	Multiple-user Factory	S$7.26M	73,152 sqft	$99
Sept 2025	Multiple-user Factory	S$8.00M	25,898 sqft	$309

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 Ubi 55 rent for?

Key takeawayNo rent is published for Ubi 55 itself. On its street, Ubi Avenue 1, strata factory space rented at a median of $2.64 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 1

Street level · 2026Q3

25th pct

—

— psm

Median

$2.64

$28.40 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +7.7% on a year earlier

2023Q4 · $25.83 psm2026Q3 · $28.40 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 Ubi 55

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 fast units move at Ubi 55

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 13 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Ubi 55?

Key takeawayURA has approved 3 changes of use at Ubi 55 since 2000, most recently in 2021. 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.

28 Jun 2021ApprovedFloor 2
Change of use to students care centre
Change of use of the 2nd storey factory units #02-XX & #02-XX to students care centre
26 Jul 2017ApprovedFloor 3
Change of use to indoor farming
Proposed change of use of units #03-XX to indoor farming on lot 05299l mk23 at 55 ubi avenue 1 (geylang planning area)
22 Apr 2014ApprovedFloor 4
Change of use to warehouse
Proposed change of use of the factory units #04-XX (total: 5 units) to warehouse at the ubi 55

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 1 price?

Key takeawayUbi Avenue 1's current JTC street rent is S$28.40 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 6.6% (5.9% net of property tax).

Strata sales on the street (5y)

200

Street median PSF (strata)

$451

Indicative street yield

6.6% gross

5.9% 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 available at Ubi 55 right now?

Key takeaway13 units are currently listed at Ubi 55. One row per unit; several agents often market the same unit.

For rent (13)

Ubi 55S$40k/mo · 8,866 sqft
Ubi 55S$35k/mo · 11,400 sqft
Ubi 552 agentsS$32k/mo · 11,400 sqft
Ubi 552 agentsS$5k/mo · 1,991 sqft

Browse every listing at this building →

What is near Ubi 55?

Key takeawayThe nearest MRT/LRT is Macpherson MRT, about 589 m away.

Getting around

Macpherson MRT589 m · ~9 min

Amenities nearby

Ubi 55 · 72 mHisemainn Medical Clinic (Ubi) · 196 mEducational Institution · 486 mMacpherson MRT Exit B · 554 mGeylang Serai Market · 955 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Ubi 55

Key takeawayThe nearest station is MacPherson (CC10 / DT26), 555 m away — a moderately busy station, with about 39,000 taps in and out on an average weekday. 5 public car parks are within 500 m.

Foot traffic: busier than 94% of industrial buildings

nearest MRT/LRT MacPherson (CC10/DT26) 555 m, about 39,000 taps a weekday; 3 more stations within 1 km; bus stops within 400 m: 8, about 5,746 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 36,000 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

MacPherson (CC10 / DT26)555 m · about 39,000 weekday taps
Ubi (DT27)644 m · about 22,000 weekday taps
Paya Lebar (EW8 / CC9)779 m · about 95,000 weekday taps
Eunos (EW7)981 m · about 31,000 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 Ubi 55. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with 5,746 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 1001-1085 Eunos Industrial Estate (JTC)216 m
Ubi Ave 1 (URA)270 m
S$0.60 per half-hour at midday on a weekday · 4 car lots
Ubi Crescent (URA)277 m
S$0.60 per half-hour at midday on a weekday · 17 car lots
Eunos Rd 7 - Eunos Ave 6 Hvp (URA)390 m
Blk 355 Ubi Road 3 (HDB)470 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 350 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.

Nearest URA season parking: Kaki Bukit Rd 1, 1.3 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Ubi 55's own car park, if it has one, and its charges are not in the open data.

Who's registered at Ubi 55?

Key takeaway92 live companies (and LLPs and branches; sole proprietors are not counted) list Ubi 55 as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
45
Construction
13
Information and communications
11
Professional, scientific and technical services
8
Manufacturing
6
Administrative and support services
3
Real estate
2
Transportation and storage
2
Financial and insurance
1
Accommodation and food services
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.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$19.10 psm/month — an all-time median from 2000 onwards, not a current rent.

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.

Frequently asked questions about Ubi 55

Where is Ubi 55?⌄

Ubi 55 is at 55 Ubi Avenue 1, Singapore 408935, in the Geylang planning area.

What is Ubi 55 zoned as?⌄

Ubi 55 is zoned Business 1 under the URA Master Plan, with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

What kind of business can operate at Ubi 55?⌄

Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of Ubi 55?⌄

Ubi 55 is leasehold. About 31 years remain on the lease.

What have units at Ubi 55 sold for?⌄

Across 2 recorded transactions, the median is S$204 psf. The latest was in September 2025.

What does industrial space near Ubi 55 rent for?⌄

JTC's rental returns for Ubi Avenue 1 put the median at about S$1.77 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Ubi Avenue 1, not a rent quoted for Ubi 55 itself.

What is the nearest MRT station to Ubi 55?⌄

Macpherson MRT is the closest, 589 m away (about a 9-minute walk).

How many businesses are registered at Ubi 55?⌄

101 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

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.

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.

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, URA planning decisions, JTC car park information (data.gov.sg), 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.