IndustrialBUSINESS 1LeaseholdDistrict 14 · Geylang

Ubi Techpark

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2022

Quick Summary

Ubi Techpark 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. 3 transactions are on record since 1995, most recently in May 2022. ACRA records 1 live company registration at this address.

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

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What are the key facts about Ubi Techpark?

Key takeawayUbi Techpark 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: 29 Ubi Crescent
Land area: —
Completed: Not on record
Storeys: 7 (© OpenStreetMap contributors)
Strata units (MCST): 671
Strata formed: 2002 (MCST 2719)
Transactions on record: 3 (records start 1995)
Live listings: None
ACRA registrations: 1

About Ubi Techpark

Ubi Techpark is an industrial estate in Geylang (District 14). It is located along Ubi Crescent, Singapore 408582.

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.

3 transactions have been recorded here, at a median of S$982 psf. The most recent was in May 2022.

Across JTC's rental returns for Ubi Crescent, the median rent for industrial space on this street works out to about S$2.00 psf per month over 101 observations. Observed medians on the street span S$0.96 to S$3.00 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 7.0 km away. The closest business-park zone is about 1.6 km away. The nearest MRT is Ubi MRT, 538 m away (about a 8-minute walk). The closest bus stop (Blk 3026) is 95 m away (about a 2-minute walk).

1 business is currently registered at this address with ACRA.

What is Ubi Techpark zoned as?

Key takeawayUbi Techpark 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 Techpark sold for?

Key takeaway3 transactions are on record since 1995, most recently in May 2022 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
May 2022	Single-user Factory	S$4.45M	4,533 sqft	$982
Mar 2014	Single-user Factory	S$5.50M	4,533 sqft	$1,213
Dec 2002	Single-user Factory	S$1.88M	4,533 sqft	$415

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 Techpark rent for?

Key takeawayNo rent is published for Ubi Techpark itself. On its street, Ubi Crescent, strata factory space rented at a median of $2.87 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 Crescent

Street level · 2026Q3

25th pct

—

— psm

Median

$2.87

$30.93 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +1.5% on a year earlier

2023Q4 · $30.75 psm2026Q3 · $30.93 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 Techpark

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 Ubi Techpark?

Key takeawayURA has approved 3 changes of use at Ubi Techpark 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.

19 Dec 2023Approved
Change of use to ancillary workers' dormitory
Proposed change of use of part of 3rd storey and 4th storey prouction area to ancillary workers' dormitory (44 workers) at the existing single-user 4-storey landed terrace factory
29 Aug 2023Approved
Change of use to ancillary workers' dormitory
Proposed change of use of part of 3rd storey and 4th storey prouction area to ancillary workers' dormitory (46 workers) at the existing single-user 4-storey landed terrace factory
9 Jan 2023Approved
Additions & alterations
Proposed addition and alteration and temporary change of use to the existing 4th storey production area to ancillary workers' dormitory at the existing single-user 4-storey landed terrace factory on lot 06082c mk23 at 29 ubi crescent (geylang planning area)
8 Jul 2004Approved
Change of use: light industry → motor vehicel showroom
Proposed change of use from light industry to motor vehicel showroom
30 Jun 2003Approved
Additions & alterations
Proposed gfa regularisaton and amendments to approved additions and alterations with provisions of mezzanine floor to the existing single user 4 storey landed terrace light industry factory
21 Mar 2003Approved
Additions & alterations
Proposed additions and alterations with provision of mezzanine floor to the existing single-user 4-storey landed terrace light industry factory on lot 6082c mk23 at 29 ubi crescent

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 Crescent price?

Key takeawayUbi Crescent's current JTC street rent is S$30.93 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 6.2% (5.5% net of property tax).

Strata sales on the street (5y)

251

Street median PSF (strata)

$545

Indicative street yield

6.2% gross

5.5% 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 Ubi Techpark?

Key takeawayThe nearest MRT/LRT is Ubi MRT, about 538 m away.

Getting around

Ubi MRT538 m · ~8 min

Amenities nearby

Blk 3026 · 95 mHisemainn Medical Clinic (Ubi) · 159 mUbi MRT Exit B · 470 mEducational Institution · 581 mBlk 80 Circuit Road · 902 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Ubi Techpark

Key takeawayThe nearest station is Ubi (DT27), 470 m away — a moderately busy station, with about 22,000 taps in and out on an average weekday. 7 public car parks are within 500 m.

Foot traffic: busier than 94% of industrial buildings

nearest MRT/LRT Ubi (DT27) 470 m, about 22,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 12, about 10,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 35,000 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)470 m · about 22,000 weekday taps
MacPherson (CC10 / DT26)529 m · about 39,000 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 Techpark. Transfers between lines don't tap, so interchanges read low.

Bus

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

Public car parks within 500 m

Ubi Crescent (URA)82 m
S$0.60 per half-hour at midday on a weekday · 17 car lots
Ubi Ave 1 (URA)345 m
S$0.60 per half-hour at midday on a weekday · 4 car lots
Ubi Rd 1 (URA)401 m
S$0.60 per half-hour at midday on a weekday · 26 car lots
Blk 3004-3007,3014,3015 Ubi Road 1 (JTC)406 m
Blk 355 Ubi Road 3 (HDB)433 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, 1.1 km away, S$90/month.

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

Who's registered at Ubi Techpark?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list Ubi Techpark as their registered address. These are registered businesses, not who occupies the space.

Construction
1
Wholesale and retail trade
0
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$21.49 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$21.49 psm/mo
Observed range: S$10.38 – S$32.29

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 Techpark

Where is Ubi Techpark?⌄

Ubi Techpark is at 29 Ubi Crescent, Singapore 408582, in the Geylang planning area.

What is Ubi Techpark zoned as?⌄

Ubi Techpark 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 Techpark?⌄

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 Techpark?⌄

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

What have units at Ubi Techpark sold for?⌄

Across 3 recorded transactions, the median is S$982 psf. The latest was in May 2022.

What does industrial space near Ubi Techpark rent for?⌄

JTC's rental returns for Ubi Crescent put the median at about S$2.00 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Ubi Crescent, not a rent quoted for Ubi Techpark itself.

What is the nearest MRT station to Ubi Techpark?⌄

Ubi MRT is the closest, 538 m away (about a 8-minute walk).

How many businesses are registered at Ubi Techpark?⌄

1 business is 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.

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.

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, 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.