IndustrialBUSINESS 2District 14 · Geylang

Usave Steel Industries

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Usave Steel Industries 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. ACRA records 0 live company registrations at this address.

1

What are the key facts about Usave Steel Industries?

Key takeawayUsave Steel Industries is a industrial building in District 14 · Geylang, zoned BUSINESS 2.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.5
Tenure
Not on record
District / Area
District 14 · Geylang
Address
—
Land area
—
Completed
Not on record
Storeys
Not on record
Transactions on record
None recorded
Live listings
None
ACRA registrations
0

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About Usave Steel Industries

Usave Steel Industries is an industrial building in Geylang (District 14). It is located along Ubi Avenue 4.

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.

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 852 m away. The nearest MRT is Tai Seng MRT, 716 m away (about a 11-minute walk). The closest bus stop (Comfort Test Ctr) is 170 m away (about a 3-minute walk).

3

What is Usave Steel Industries zoned as?

Key takeawayUsave Steel Industries 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 →

4

What does space at Usave Steel Industries rent for?

Key takeawayNo rent is published for Usave Steel Industries 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.

5

Market context around Usave Steel Industries

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.

6

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.

7

What is near Usave Steel Industries?

Key takeawayThe nearest MRT/LRT is Tai Seng MRT, about 716 m away.

Getting around

Amenities nearby

Comfort Test Ctr · 170 mThe Clinic @ Tai Seng · 682 mUbi MRT Exit B · 714 mEducational Institution · 789 mBusiness Park · 852 m

Straight-line distances. Source: PropKaki amenities data.

8

Getting there and parking at Usave Steel Industries

Key takeawayThe nearest station is Ubi (DT27), 714 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) 714 m, about 22,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 8, about 11,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 25,000 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)714 m · about 22,000 weekday taps
  • Tai Seng (CC11)716 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 Usave Steel Industries. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with about 11,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Ubi Ave 4 (URA)120 m
    S$0.60 per half-hour at midday on a weekday · 10 car lots
  • Ubi Avenue 4 (JTC)171 m
  • Ubi Rd 2 (URA)181 m
    S$0.60 per half-hour at midday on a weekday · 35 car lots
  • Ubi Link (URA)325 m
    S$0.60 per half-hour at midday on a weekday · 18 car lots
  • Tai Seng Drive (URA)356 m
    S$0.60 per half-hour at midday on a weekday · 8 car lots

Nearest URA season parking: Kaki Bukit Rd 2, 534 m away, S$90/month.

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

9

How many companies are registered at Usave Steel Industries?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

10

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.

11

Frequently asked questions about Usave Steel Industries

Where is Usave Steel Industries?⌄

Usave Steel Industries is at Ubi Avenue 4, in the Geylang planning area.

What is Usave Steel Industries zoned as?⌄

Usave Steel Industries 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 Usave Steel Industries?⌄

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.

Have there been any recorded transactions at Usave Steel Industries?⌄

No caveats have been lodged for Usave Steel Industries in the records we track. That is common for single-owner industrial buildings, which never generate strata transactions.

What does industrial space near Usave Steel Industries 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 Usave Steel Industries itself.

What is the nearest MRT station to Usave Steel Industries?⌄

Tai Seng MRT is the closest, 716 m away (about a 11-minute walk).

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