Type

Units

Min Area

Price Range

Other

2165 sqft

S$6,050/mo

Property Highlights

Commercial development with 1 unit currently available.
Prices currently start from S$6,050.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$1,210 on this acquisition.
Located 12 min (990 m) from DT27 Ubi MRT Station.

Price Trends & Rental Yield

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Enterprise One Industrial: Premium Factory and Workshop Space in Ubi

Enterprise One stands as a dedicated industrial development offering factory and workshop units classified under the B2 category. Located within the Ubi industrial estate, the development provides flexible commercial manufacturing space designed to accommodate businesses ranging from light assembly operations to specialised trade workshops. The rental market for such industrial units in this precinct remains robust, with competitive monthly rates reflecting strong demand from small-to-medium enterprises seeking accessible, well-positioned facilities.

Location and Connectivity

Situated approximately 12 minutes' walk from Ubi MRT Station (DT27), Enterprise One benefits from direct access to the Downtown Line. This proximity significantly enhances the development's appeal for businesses requiring reliable transport links for both personnel and client visits. The Ubi station itself serves as a major interchange hub, allowing seamless connections across Singapore's island-wide rail network. Beyond public transport, the industrial estate's strategic positioning near the East Coast Parkway and Central Expressway creates substantial logistics advantages for warehousing, distribution, and manufacturing operations that depend on vehicular access.

Industrial Space Specifications

Units at Enterprise One offer configurations up to 2,165 square feet, providing entrepreneurs and established operators with sufficient floor area for comprehensive workshop setups, machinery installations, and operational workflows. The industrial B2 classification permits a broad spectrum of permitted uses, including light manufacturing, component assembly, storage and warehousing, trade workshops, and food preparation facilities. This regulatory flexibility means prospective tenants can evaluate whether their specific business category—whether precision engineering, furniture making, printing, or similar trades—aligns seamlessly with the space's intended use.

Rental Positioning and Market Dynamics

Monthly rental rates for industrial units at Enterprise One commence from S$6,050, positioning the development competitively within Ubi's established industrial rental market. Pricing reflects the area's maturity, proximity to transport infrastructure, and the quality of facilities provided. Tenants evaluating space in this precinct typically balance rental costs against location convenience and ease of freight handling. The industrial estate's reputation as a consolidated hub for manufacturing and trade businesses means that clustering effects often drive operational synergies, with multiple suppliers and service providers operating within close proximity.

Suitability for Diverse Business Operations

The flexibility offered by Enterprise One's factory and workshop units makes the development attractive to multiple business profiles. Established manufacturers seeking to consolidate or expand operations find the space configuration and rental flexibility advantageous. Emerging entrepreneurs and startup ventures in the manufacturing or craft sectors appreciate the accessible entry point into professional industrial space, as opposed to managing operations from residential units or shared communal facilities. Service-based trades—including specialist repair, customisation, or installation operations—benefit from the dedicated workspace and capacity for client visits in a professional commercial environment.

Operational Environment and Support Infrastructure

Ubi's industrial precinct has evolved into a self-contained ecosystem where tenants access not only workspace but also ancillary services. Neighbouring units often house freight forwarders, packaging suppliers, equipment rental services, and specialised technical consultants. This clustering creates operational advantages for industrial businesses, reducing the need to source support services across disparate locations. Enterprise One's position within this established environment means tenants inherit the benefits of an existing commercial support network already serving similar industries.

Access to Markets and Distribution Networks

The Ubi location offers strategic advantages for businesses serving both local and island-wide markets. The proximity to major expressway networks facilitates rapid distribution to ports, airports, and retail clusters across Singapore. For import-export orientated operations, the accessible links to Changi Airport and the Port of Singapore represent significant logistical advantages. Domestic market operations benefit equally from centralised positioning that minimises delivery times to either residential or commercial customers distributed across the island.

Lease Terms and Rental Flexibility

Industrial rental agreements at Enterprise One typically offer flexibility in lease tenure, with options ranging from short-term occupancy to longer-term commitments. This flexibility accommodates businesses at varying lifecycle stages, from those piloting new manufacturing concepts to established operators requiring stable, predictable operational bases. Prospective tenants should clarify lease terms, renewal conditions, and any escalation clauses that may apply, ensuring alignment with medium-term business planning horizons.

Investment Considerations for Lease Holders

Investors evaluating the acquisition of leasehold industrial units at Enterprise One should assess rental yield potential against capital appreciation prospects. Industrial properties in established precincts like Ubi tend to appreciate gradually, driven by land scarcity, inflation, and sustained demand from operational businesses. Rental yields on industrial units typically range between 3% and 5%, depending on specific lease terms, property condition, and tenant quality. Prospective purchasers should model rental income against holding costs, including property tax, maintenance, and financing expenses, to establish realistic return expectations over a 5–10 year investment horizon.

The Ubi MRT Effect on Industrial Value

The 12-minute walking proximity to Ubi MRT Station (DT27) represents a material value driver for industrial properties in this estate. Station accessibility differentiates Enterprise One from more peripheral industrial locations, making the development attractive to businesses where staff and client accessibility rank highly. Over time, improved public transport connectivity historically correlates with gradual capital appreciation in industrial precincts, as businesses recognise the recruitment and operational advantages of transit-proximate locations. Investors with longer investment horizons may anticipate that continued pressure on industrial land availability in accessible locations supports gradual value growth.

Frequently Asked Questions

What estimated rental yield could an investor expect from purchasing an industrial unit at Enterprise One?

Industrial properties at Enterprise One, when let to operational businesses, typically generate rental yields between 3% and 5% annually, depending on specific lease length and tenant stability. This calculation assumes purchase prices in the region typically seen for B2 industrial units near Ubi MRT, with rental rates commencing from S$6,050 per month for 2,165 square foot units. Investors should factor property tax (typically 10% of assessed annual rental value), maintenance reserves, and potential vacancy periods into yield calculations. Longer lease commitments from established tenants tend to support yields at the higher end of this range, whilst shorter-term arrangements may introduce variability.

How do recent per-square-foot rental rates at Enterprise One compare to other Ubi industrial developments?

At approximately S$2.79 per square foot per month (calculated from S$6,050 for 2,165 sqft), Enterprise One's rental rates position competitively within the Ubi precinct. Comparable B2 industrial units in neighbouring estates have traded at rates between S$2.50 and S$3.20 per square foot monthly, influenced by individual facility specifications, lease terms, and tenant profile. Enterprise One's proximity to Ubi MRT—12 minutes' walk—supports positioning at the upper-middle range of local comparables, as accessibility advantages justify modestly higher rental expectations. Investors should review recently completed transactions and ongoing rental listings within 500 metres to establish precise local benchmarks for their specific unit configuration.

What Additional Buyer's Stamp Duty implications apply if a Singapore Citizen purchases an industrial unit at Enterprise One as a second property?

Singapore Citizens purchasing a second residential property, or converting industrial use to residential, incur Additional Buyer's Stamp Duty (ABSD) at 20%. However, industrial B2 units at Enterprise One retain their commercial classification and are typically exempt from ABSD, as ABSD applies to residential property acquisitions. Purchasers should confirm with legal advisors whether their intended use—whether continuing industrial operation or potential future conversion—affects duty liability. If a future plan exists to convert the industrial unit to residential use, ABSD at 20% would apply to the purchase price, materially increasing acquisition costs and should be factored into investment analysis from inception.

What lease decay risk and resale value impact should leasehold industrial unit buyers consider at Enterprise One?

Industrial units at Enterprise One are offered on leasehold tenure—the specific duration (99-year or 999-year) should be confirmed with the developer or agent. Industrial properties on 99-year leases face accelerating value decay in final decades, as banks typically restrict financing on leases below 60–70 years unexpired. Buyers should calculate how many years of lease tenure remain and project resale demand in years 20–30 when lease decay becomes material. Properties with 999-year leases or effectively freehold industrial land experience minimal lease-related depreciation. Prospective investors should prioritise remaining lease duration in acquisition analysis and consider that lease decay could suppress capital appreciation or complicate exit strategies in later periods.

How does the 12-minute walk to Ubi MRT Station influence long-term demand and capital appreciation at Enterprise One?

Industrial properties within 10–15 minutes' walk of major MRT stations typically command 5–15% capital appreciation premiums over time, driven by improved accessibility for staff recruitment, client visits, and freight movements. Ubi MRT (DT27) on the Downtown Line provides direct connectivity to the City Centre, Raffles Place, and broader island networks, making Enterprise One attractive to businesses where labour availability and transportation efficiency matter. As Singapore's industrial land becomes increasingly constrained, estates offering superior transit accessibility tend to appreciate more steadily than peripheral locations. Investors with 10+ year horizons may reasonably anticipate that the station proximity supports gradual capital growth, particularly if surrounding industrial land supply tightens further.

Which buyer profiles are best suited to industrial units at Enterprise One, and why?

Operational business owners seeking professional manufacturing or workshop space represent the primary target—entrepreneurs in light assembly, specialised trades, and service operations value the location's MRT proximity and expressway access. Owner-operators who occupy space themselves typically prioritise productivity and staff accessibility over investment yield, making Enterprise One's positioning ideal. Alternatively, property investors targeting stable rental yields from established operational tenants find industrial units appealing as longer-lease, lower-volatility investments compared to residential property. First-time industrial investors should carefully assess tenant stability and maintenance obligations, as industrial properties demand more hands-on management than residential lettings. High-net-worth individuals sometimes acquire industrial units as part of diversified property portfolios, appreciating the uncorrelated returns relative to residential and office sectors.

What TDSR and financing headroom implications apply to typical purchase prices at Enterprise One?

Financing industrial properties at Enterprise One requires assessment under Total Debt Servicing Ratio (TDSR) limits, though industrial units typically attract more flexible lending than residential properties if purchased for operational use. Banks typically offer loan-to-value (LTV) ratios of 50–70% for industrial property, depending on tenant stability and lease length. At estimated purchase prices for 2,165 sqft units near Ubi MRT (which would reflect capitalising S$6,050 monthly rental income), an investor with combined household income of S$350,000+ would typically secure financing headroom and comfortable TDSR compliance. Self-occupying business owners may access more favourable loan terms, as the property supports business operations rather than functioning purely as an investment asset. Prospective purchasers should stress-test financing scenarios against interest rate rises and potential rental volatility.

How do competing industrial developments in the Ubi and neighbouring precincts compare to Enterprise One?

Enterprise One competes directly with other B2 industrial estates in Ubi, including facilities operated by major industrial landlords offering comparable rental rates and space configurations. Key differentiators include MRT proximity (Enterprise One's 12-minute walk is competitive, though some neighbouring properties claim closer access), amenity quality, maintenance standards, and tenant service support. Competing precincts in neighbouring industrial zones—including Geylang, Macpherson, and Tai Seng—offer alternative options with varying distance-to-MRT metrics and rental rate profiles. Buyers should conduct comparative site visits, inspect property conditions, and assess facility specifications before committing. Enterprise One's positioning within Ubi's consolidated industrial ecosystem gives it advantages in supply chain clustering, though individual competing properties may offer superior unit configurations or lease flexibility for specific business requirements.

Which unit stack or floor level at Enterprise One typically offers best value for purchase or rental?

Ground floor industrial units typically command premium rental rates (5–10% above upper floors) due to superior loading accessibility and minimal freight handling overhead, justifying higher occupancy costs for logistics-intensive operations. Mid-level floors (2–3) often provide best value-for-money, as rental rates discount slightly whilst retaining good lift and stairwell access for smaller operations. Upper floors suit lightweight manufacturing, office-based trades, or storage operations where ground-level access is less critical, often trading at 5–15% discounts to ground level. Prospective purchasers should evaluate their specific operational requirements: if heavy goods movement is central, ground floor premiums are justified; if operations are primarily light assembly or administrative, upper floors offer capital efficiency. Long-term investors should note that ground floor units typically attract more varied, more easily replaceable tenants, providing flexibility if exits are needed.

What future supply pipeline in the Ubi and East Singapore industrial corridor could affect Enterprise One's competitiveness?

Singapore's industrial land supply remains constrained, with Land Authority planning prioritising retention of existing industrial estates over new conversion to residential use. Ubi itself is designated as a mature established industrial zone with limited new-project approval likelihood in the near term. However, ongoing regional redevelopment—including potential intensification of mixed-use facilities and modernisation of ageing industrial buildings—will continue reshaping the competitive environment. Government initiatives promoting higher-value manufacturing and knowledge-based industrial operations may drive selective upgrades to facilities meeting modern operational standards. Investors should monitor government planning announcements and neighbouring estate announcements, as supply-side changes directly influence rental dynamics and capital appreciation. Enterprise One's established positioning and transit proximity position it well to capture demand shifts if newer, lower-specification competing space becomes unavailable or rental rates rise across the precinct.

Factory / Workshop At Enterprise One — From S$6,050