IndustrialBUSINESS 2LeaseholdDistrict 14 · Geylang

Ubiplex 1

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2020

Quick Summary

Ubiplex 1 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 3 years remaining. 6 transactions are on record since 1995, most recently in Sept 2020. 1 unit is currently listed for rent. ACRA records 187 live company registrations at this address.

The facts are here — now get the verdict on Ubiplex 1.

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What are the key facts about Ubiplex 1?

Key takeawayUbiplex 1 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: 3023 Ubi Road 3
Land area: 15,279 sqm
Completed: Not on record
Storeys: 6 (© OpenStreetMap contributors)
Car-park lots: 315 (JTC's property listing (JTC Find Space))
Estate (JTC): Kampong Ubi Industrial Estate
Units with a recorded sale: At least 4
Listed as: Light Industrial (B1)
Transactions on record: 6 (records start 1995)
Live listings: 1
ACRA registrations: 187

What are the specs at Ubiplex 1?

Key takeawayThe building's specs as its sources state them — the listing agent or the management can confirm a unit's own.

Ceiling height: 4.38 m; Source: JTC's property listing (JTC Find Space)
Floor loading: 15 kN/m²; Source: JTC's property listing (JTC Find Space)
Power supply: 100A (JTC's listed electrical loading); Source: JTC's property listing (JTC Find Space)
Loading bays: 46; Source: JTC's property listing (JTC Find Space)

Specs from JTC Find Space are per JTC's property listing.

About Ubiplex 1

Ubiplex 1 is an industrial building in Geylang (District 14). It is located along Ubi Road 3, Singapore 408663.

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 3 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase. It sits on about 15,279 sqm of land with roughly 30,397 sqm of gross floor area.

6 transactions have been recorded here, at a median of S$140 psf. The most recent was in September 2020.

Across JTC's rental returns for Ubi Road 3, the median rent for industrial space on this street works out to about S$1.11 psf per month over 5 observations. Observed medians on the street span S$1.04 to S$1.75 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 7.4 km away. The closest business-park zone is about 1.5 km away. The nearest MRT is Ubi MRT, 207 m away (about a 3-minute walk). The closest bus stop (Blk 3023) is 59 m away (about a 1-minute walk).

233 businesses are currently registered at this address with ACRA.

What is Ubiplex 1 zoned as?

Key takeawayUbiplex 1 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 Ubiplex 1 sold for?

Key takeaway6 transactions are on record since 1995, most recently in Sept 2020 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Sept 2020	Multiple-user Factory	S$200k	1,604 sqft	$125
Jun 2019	Multiple-user Factory	S$285k	1,636 sqft	$174
Nov 2018	Multiple-user Factory	S$190k	1,647 sqft	$115
May 2016	Multiple-user Factory	S$180k	1,647 sqft	$109
Jan 2009	Multiple-user Factory	S$255k	1,647 sqft	$155
Nov 2008	Multiple-user Factory	S$255k	1,647 sqft	$155

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

Market context around Ubiplex 1

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 Ubiplex 1

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings 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 Ubiplex 1?

Key takeawayURA has approved 1 change of use at Ubiplex 1 since 2000, most recently in 2007. 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.

13 Jan 2014Approved
Additions & alterations
Proposed construction of a covered linkway from blk 3023 to bus stop at ubi road 3
30 Nov 2007ApprovedFloor 3
Change of use to light industry
Change of use of the warehouse unit #03-XX to light industry (assembly & production of magnetic workholding & clamping tools)

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).

What is available at Ubiplex 1 right now?

Key takeaway1 unit is currently listed at Ubiplex 1. One row per unit; several agents often market the same unit.

For rent (1)

Ubiplex 1S$3k/mo · 1,647 sqft

Browse every listing at this building →

What is near Ubiplex 1?

Key takeawayThe nearest MRT/LRT is Ubi MRT, about 207 m away.

Getting around

Ubi MRT207 m · ~3 min

Amenities nearby

Blk 3023 · 59 mUbi MRT Exit B · 134 mHisemainn Medical Clinic (Ubi) · 366 mEducational Institution · 368 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Ubiplex 1

Key takeawayThe nearest station is Ubi (DT27), 133 m away — a moderately busy station, with about 22,000 taps in and out on an average weekday. 9 public car parks are within 500 m.

Foot traffic: busier than 94% of industrial buildings

nearest MRT/LRT Ubi (DT27) 133 m, about 22,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 10, about 8,138 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 30,000 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)133 m · about 22,000 weekday taps
MacPherson (CC10 / DT26)857 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 Ubiplex 1. Transfers between lines don't tap, so interchanges read low.

Bus

10 bus stops within 400 m, with 8,138 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 357 Ubi Road 3 (HDB)161 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 350 car lots
Ubi View (URA)286 m
S$0.60 per half-hour at midday on a weekday · 18 car lots
Ubi Crescent (URA)296 m
S$0.60 per half-hour at midday on a weekday · 17 car lots
Ubi Rd 3 (URA)299 m
S$0.60 per half-hour at midday on a weekday · 16 car lots
Blk 355 Ubi Road 3 (HDB)323 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, 748 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Ubiplex 1's own car park, if it has one, and its charges are not in the open data.

Who's registered at Ubiplex 1?

Key takeaway187 live companies (and LLPs and branches; sole proprietors are not counted) list Ubiplex 1 as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
59
Construction
30
Manufacturing
24
Professional, scientific and technical services
23
Administrative and support services
12
Information and communications
10
Financial and insurance
7
Accommodation and food services
7
Education
4
Transportation and storage
3

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$11.96 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$11.96 psm/mo
Observed range: S$11.17 – S$18.84

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 Ubiplex 1

Where is Ubiplex 1?⌄

Ubiplex 1 is at 3023 Ubi Road 3, Singapore 408663, in the Geylang planning area.

What is Ubiplex 1 zoned as?⌄

Ubiplex 1 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 Ubiplex 1?⌄

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 Ubiplex 1?⌄

Ubiplex 1 is leasehold. About 3 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at Ubiplex 1 sold for?⌄

Across 6 recorded transactions, the median is S$140 psf. The latest was in September 2020.

What does industrial space near Ubiplex 1 rent for?⌄

JTC's rental returns for Ubi Road 3 put the median at about S$1.11 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Ubi Road 3, not a rent quoted for Ubiplex 1 itself.

What is the nearest MRT station to Ubiplex 1?⌄

Ubi MRT is the closest, 207 m away (about a 3-minute walk).

How many businesses are registered at Ubiplex 1?⌄

233 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.

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.

Car-park lots: per JTC's property listing (JTC Find Space).

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.

Specs from JTC Find Space are per JTC's property listing.

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 JTC estate boundaries, URA planning decisions, JTC's property listing (JTC Find Space), HDB 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.