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Paya Ubi Industrial Park Review

Industrial & Commercial Property Review — District 14

Paya Ubi Industrial Park

A long-standing B1 light industrial estate off Ubi Avenue 1, anchored by PIE access and a growing ring of MRT connections.

SGCPI Research Desk Updated August 2026 51 Ubi Avenue 1, Singapore 408933 60-YR LEASEHOLD FROM 1997

Street-level view of Paya Ubi Industrial Park, 51 Ubi Avenue 1. Imagery: Google Street View (user-contributed imagery), accessed August 2026.

Project Overview

Building NamePaya Ubi Industrial Park
Address51 Ubi Avenue 1, Singapore 408933
DistrictDistrict 14 (Eunos / Geylang / Paya Lebar)
Tenure60-year leasehold from 1997
Zoning / UseB1 Light Industrial
Built FormLow-rise multi-block light industrial estate
Land Area / GFA54,001 sqm land / 132,181 sqm GFA
Completion Year≈1999
Nearest MRTUbi (DT27), MacPherson (CC10/DT26), Eunos (EW7)
Key Road AccessPan-Island Expressway (PIE), Ubi Avenue 1
Transacted PSF Range≈S$200 – S$666 psf
Sale Price RangeS$1,200,000 – S$6,000,000
Asking Rent Range≈S$1.80 – S$3.00 psf/month
Occupier BaseLight manufacturing, workshops, storage & ancillary offices

Location & Connectivity

Paya Ubi Industrial Park sits along Ubi Avenue 1 in the Eunos-Geylang-Paya Lebar corridor of District 14, one of Singapore’s more established light industrial belts. The estate has occupied this Ubi Avenue 1 site since the late 1990s, making it a recognisable fixture for occupiers who have grown their operations in the surrounding Ubi and Kaki Bukit micro-market over the past two decades.

Connectivity is a core part of the estate’s appeal. Ubi MRT station on the Downtown Line sits within an easy walk, while MacPherson interchange (Circle Line and Downtown Line) and Eunos station on the East-West Line are both within a short drive or bus ride. For road users, direct slip access to the Pan-Island Expressway keeps travel times to Changi Airport, the CBD and the wider island network to well under twenty minutes in normal traffic.

The immediate surrounds mix industrial neighbours with everyday amenities. Occupiers and their staff have Fairprice, Giant and Cold Storage supermarkets within reach, alongside coffee shops and canteens dotted through nearby industrial blocks. Slightly further afield, SingPost Centre, Paya Lebar Square and Paya Lebar Quarter provide a fuller retail, F&B and grab-and-go lunch scene for staff working on site.

Location of Paya Ubi Industrial Park. Map data: Google Maps, accessed August 2026.

Building & Facilities

The estate is built as a cluster of low-rise industrial blocks rather than a single tower, spread across a substantial 54,001 sqm land parcel with a combined GFA of roughly 132,181 sqm. This low-rise, multi-block layout is typical of late-1990s B1 developments and gives occupiers direct ground-level or near-ground access to their units, which matters for anyone moving stock, machinery or vehicles in and out regularly.

Common facilities are functional rather than lavish, in keeping with the estate’s industrial-first positioning: a staffed guardhouse, season car parking, and loading areas serving the various blocks. Listings for individual units point to features such as roller-shutter loading bays, ceiling heights of up to approximately six metres on select high-floor and corner units, and partially furnished handovers on some resale and rental stock, which shortens fit-out time for incoming tenants.

Given the estate’s age of roughly a quarter-century, prospective buyers and tenants should budget for a physical due-diligence visit covering lift condition (where applicable), roof and common-area upkeep, fire safety compliance, and electrical load capacity for higher-power machinery. A management corporation is in place for the estate, which buyers can approach directly for maintenance records and any planned upgrading works before committing to a purchase.

Unit Types & Floor Plan Notes

Unit sizes at Paya Ubi Industrial Park span a wide range, from compact standalone units suited to small workshops through to larger combined lots for bigger operations. The estate’s multi-block layout means configurations vary noticeably by block and floor, so a physical viewing is strongly advised before transacting.

Ground-Floor Loading Units

≈1,500 – 3,000 sqft

Direct roller-shutter access for vans and light trucks, suited to storage, distribution or trade businesses needing frequent loading and unloading.

Standard Mid-Floor Units

≈1,000 – 2,500 sqft

The most commonly traded configuration, typically bare-shell or partially fitted, popular with small manufacturers and service workshops.

High-Ceiling Corner / Top-Floor Units

≈2,000 – 4,000 sqft

Corner and top-floor units offering ceiling heights of up to roughly six metres, useful for spray-painting, racking or equipment-heavy operations.

Mezzanine / Office-Annex Units

≈800 – 1,800 sqft

Units with a mezzanine level or attached office annex, letting occupiers split space between production floor and administrative use.

Ceiling Height: ≈3.5m to 6m depending on unit and floor
Loading Access: Roller-shutter doors on select ground-floor and corner units
Parking: Season car parking with ample outdoor bays
Floor Loading: Varies by block; ground floors generally rated higher than upper floors
Handover Condition: Mix of bare-shell and partially furnished units across the estate

Investment Case

Paya Ubi Industrial Park’s investment case rests on its established location, flexible B1 zoning and a wide entry price band that suits both owner-occupiers and small investors. Against that, its age and the steady decay of a 60-year lease from 1997 mean buyers need to weigh financing terms and exit horizon carefully.

What Works

  • Direct PIE slip access keeps island-wide travel times short for logistics-dependent tenants.
  • Three MRT lines (Downtown, Circle, East-West) within reasonable reach broadens the staff catchment.
  • B1 zoning permits a wide range of light industrial, workshop and ancillary office uses.
  • A wide sale price band from roughly S$1.2 million lowers the entry barrier for smaller buyers.
  • An established, multi-decade occupier base supports steady rental demand from SME tenants.

What to Weigh Carefully

  • The estate is roughly a quarter-century old, so building and M&E condition varies by block.
  • Remaining lease of under 40 years may narrow financing options as the tenure decays further.
  • En-bloc or collective sale prospects for a large multi-block B1 estate are not assured.
  • Outdoor season parking can feel tight during peak loading and shift-change hours.
  • PSF spreads are wide, so pricing benchmarks require unit-by-unit verification, not estate averages.

Who This Suits

Paya Ubi Industrial Park tends to suit owner-occupiers running small to mid-sized manufacturing, assembly, servicing or trading operations that need direct loading access and are comfortable with an older but functional building. It also appeals to yield-focused investors who prioritise a lower entry quantum and steady SME rental demand over a longer holding period, provided they factor remaining lease decay into their exit planning, and to businesses whose staff and clients benefit from proximity to three separate MRT lines rather than a single station.

Frequently Asked Questions

What can I actually use a unit at Paya Ubi Industrial Park for?
Paya Ubi Industrial Park is zoned B1 Light Industrial under URA guidelines, which permits light manufacturing, assembly, repair, testing, storage and warehousing activities that do not generate significant noise, smoke, odour or other nuisances to neighbouring occupiers. Ancillary office space is typically allowed up to a defined proportion of the unit’s floor area, letting occupiers combine production or storage functions with administrative work in the same unit. Retail, F&B and residential uses are generally not permitted under B1 zoning. Before committing to a purchase or lease, buyers should verify the specific permitted use for their intended business against the current URA Master Plan and, where the activity is unusual, consider a written use-class check with URA or a qualified planning consultant.
Can foreigners buy units at Paya Ubi Industrial Park?
Industrial property in Singapore, including B1 light industrial units such as those at Paya Ubi Industrial Park, is generally not subject to the Residential Property Act restrictions that limit foreign ownership of landed and certain residential property. Foreign individuals and foreign-registered companies can typically purchase industrial units directly, subject to the usual conveyancing, stamp duty and financing requirements. That said, foreign buyers may face different financing terms from local banks, including lower loan quantum and shorter tenure, and should factor this into their acquisition budget. As rules can be refined over time, buyers should always confirm current eligibility with a property lawyer before signing an Option to Purchase.
Does Additional Buyer’s Stamp Duty (ABSD) apply to industrial purchases here?
Additional Buyer’s Stamp Duty in Singapore is levied on residential property purchases and does not apply to industrial property such as the units at Paya Ubi Industrial Park. Buyers of B1 industrial space, whether Singapore citizens, permanent residents, foreigners or companies, are not charged ABSD on the transaction. This makes industrial acquisitions notably more cost-efficient upfront compared with residential purchases for buyers who already own residential property and would otherwise trigger higher ABSD tiers. Buyers should note, however, that standard Buyer’s Stamp Duty still applies on industrial purchases, and should not assume the absence of ABSD extends to other property types they may be considering alongside an industrial acquisition.
How does Seller’s Stamp Duty (SSD) affect a resale at Paya Ubi Industrial Park?
Seller’s Stamp Duty applies to industrial property sold within a holding period set by current rules, and is charged as a percentage of the sale price or market value, whichever is higher, on a sliding scale that reduces the longer the property is held before resale. For a unit at Paya Ubi Industrial Park, a buyer intending a quick flip within the applicable holding window should factor SSD into their exit maths, as it can materially erode short-term capital gains. Holding beyond the SSD window removes this liability entirely. Because SSD rates and holding periods are periodically reviewed, buyers should confirm the prevailing figures with IRAS or a conveyancing lawyer before finalising their investment horizon.
What Buyer’s Stamp Duty (BSD) should I budget for on a purchase here?
Buyer’s Stamp Duty is payable on all Singapore property purchases, including industrial units at Paya Ubi Industrial Park, and is calculated on a tiered percentage basis applied to the purchase price or market value, whichever is higher. For a typical unit transacting within the estate’s S$1,200,000 to S$6,000,000 sale price range, BSD forms a meaningful line item that should be built into the total acquisition budget alongside legal fees, agent commission and any financing costs. BSD applies uniformly regardless of buyer nationality or company status, unlike ABSD which is residential-specific. Buyers should request an updated BSD calculation from their lawyer or use IRAS’s official calculator before finalising their offer.
Is GST charged on industrial property purchases at Paya Ubi Industrial Park?
Goods and Services Tax treatment on industrial property depends on whether the seller is a GST-registered entity and whether the sale is treated as a taxable supply. Where the seller is GST-registered, GST may be chargeable on the sale price of the industrial unit, which buyers should clarify upfront rather than assume is included or excluded. Rental of industrial space is also generally subject to GST where the landlord is GST-registered, which affects the effective cost of leasing a unit at the estate. Because GST treatment varies by transaction structure and seller status, buyers and tenants should request written confirmation from the seller or landlord, and check with their tax adviser, before finalising pricing.
How does the remaining lease affect financing for a unit at Paya Ubi Industrial Park?
With the estate’s 60-year lease running from 1997, remaining tenure now sits well under 40 years, which is a key factor Singapore banks weigh when assessing loan quantum and tenure for industrial property financing. Lenders typically cap the loan period so that it does not extend meaningfully beyond the remaining lease, and may reduce the loan-to-value ratio as remaining tenure shortens. Buyers relying on financing should get an indicative approval from their bank early, factoring in both their own age (for individual buyers) and the property’s remaining lease, rather than assuming standard industrial loan terms will automatically apply. This is one of the more important due-diligence steps for any buyer considering the estate.
What kind of rental yield can I expect at Paya Ubi Industrial Park?
Based on the estate’s current asking rent range of roughly S$1.80 to S$3.00 psf per month against a transacted sale PSF range of approximately S$200 to S$666, gross rental yields for units at Paya Ubi Industrial Park can vary widely depending on the unit purchased and the rent achieved. Lower-priced, larger units at the bottom of the PSF band can potentially deliver higher headline yields, while premium corner or high-ceiling units purchased near the top of the range may see yields compressed. Investors should run their own unit-specific yield calculation using actual comparable transactions and rental listings rather than relying on estate-wide averages, and should factor in MCST fees, property tax and vacancy periods when estimating net returns.
How does the building’s age affect a purchase decision?
Having reached completion at the end of the 1990s, Paya Ubi Industrial Park is now roughly a quarter-century old, which means common-area finishes, lift systems where present, roofing and electrical infrastructure will vary in condition across its many blocks. Older industrial buildings can still be entirely serviceable for light industrial use, but buyers should budget for potential unit-level renovation, upgraded power supply for modern machinery, and possible near-term sinking fund contributions for estate-wide repairs. Requesting the management corporation’s maintenance history and any planned upgrading works before purchase is a sensible step. Age alone is not a disqualifying factor, but it should be priced into both the purchase decision and any renovation budget.
What are the chances of en-bloc redevelopment at Paya Ubi Industrial Park?
En-bloc or collective sale prospects for a large, multi-block strata industrial estate like Paya Ubi Industrial Park depend on achieving the required consent thresholds among a sizeable and diverse group of unit owners, which is typically harder to coordinate than for a single-tower development. There is no current public indication of an active collective sale process at the estate, and buyers should not treat en-bloc potential as a primary investment thesis. Any eventual redevelopment would also be shaped by URA’s planning intentions for the surrounding Ubi Avenue industrial belt over time. Buyers seeking capital appreciation should focus on the estate’s fundamentals, location and rental demand rather than speculating on an uncertain redevelopment timeline.
What is parking and loading like at the estate?
Paya Ubi Industrial Park provides season car parking with ample outdoor bays serving its various blocks, alongside roller-shutter loading access on select ground-floor and corner units suited to vans and light trucks. Listings for the estate specifically highlight outdoor parking availability as a selling point for tenants who need to load and unload frequently through the day. That said, as with many established industrial estates, parking and loading bay availability can tighten during peak business hours or shift changes, particularly for occupiers without a dedicated loading bay attached to their unit. Prospective tenants and buyers with vehicle-heavy operations should visit at a representative time of day to assess real-world parking and loading conditions before committing.
What should I expect in terms of maintenance or MCST fees?
Paya Ubi Industrial Park is managed under an established Management Corporation Strata Title with its own management office and MC number, responsible for maintaining common facilities, the guardhouse, season parking areas and shared infrastructure across the estate. Maintenance fees are levied on unit owners based on their unit’s share value and typically cover security, cleaning, common-area repairs and sinking fund contributions for larger works. Fees can vary meaningfully depending on unit size and the block’s specific facilities, so prospective buyers should request the latest maintenance fee schedule and any sinking fund statements directly from the MCST office before finalising a purchase, particularly given the building’s age and the potential for upcoming major repair works.
How liquid is the resale market for units at Paya Ubi Industrial Park?
As an established, multi-decade estate in a well-recognised industrial corridor, Paya Ubi Industrial Park sees a reasonably steady flow of both sale and rental listings, reflecting an active SME occupier base in the area. Liquidity, however, varies considerably by unit type, size and floor level, with smaller, well-configured mid-floor units typically attracting more buyer and tenant interest than large or awkwardly shaped lots. Wide transacted PSF spreads across recent months suggest pricing is unit-specific rather than estate-wide, which can lengthen the search for a well-matched buyer at a particular price point. Sellers should expect resale timelines to depend heavily on realistic, comparable-based pricing rather than assuming quick turnover simply because the estate is established.
What kinds of businesses are best suited to setting up here?
Given its B1 zoning, established loading infrastructure and mixed unit sizes, Paya Ubi Industrial Park suits light manufacturing outfits, product assembly and testing operations, automotive-adjacent workshops, general trading and storage businesses, and service providers needing a functional base with ancillary office space. The presence of high-ceiling corner and top-floor units also makes the estate workable for occupiers with taller equipment, racking or spray-finishing needs. Businesses requiring heavy industrial processes, significant noise or emissions, or retail and F&B frontage would generally not be suited to this B1-zoned estate. Prospective occupiers should always cross-check their specific operational requirements, including any licensing needs from NEA or other agencies, against the unit’s permitted use before committing to a lease or purchase.

This article is for general informational purposes only and does not constitute financial, investment or legal advice. Figures marked with “≈” are reasoned estimates based on publicly available listings and market data at the time of writing and should be independently verified before making any purchase, lease or investment decision. Property values, rental rates, stamp duty rules and financing terms are subject to change; readers should consult a qualified property agent, lawyer or financial adviser for advice specific to their circumstances.

© 2026 SG Commercial Property Insights. All rights reserved.

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