Type

Units

Min Area

Price Range

Other

1023 sqft

S$739K – S$1.2M

Type

Units

Min Area

Price Range

Other

650 sqft

S$2,399/mo – S$2,599/mo

Property Highlights

Commercial development with 11 units currently available.
Prices currently range from S$2,399 to S$1.2M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$480 on this acquisition.
82% of current units are for sale, from S$739K; 18% are for rent, from S$2,399/mo.
Located 6 min (510 m) from DT27 Ubi MRT Station.

Price Trends & Rental Yield

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Ubi Techpark: Light Industrial Commercial Space in Singapore's East Coast Business Hub

Ubi Techpark stands as a four-storey commercial development positioned at the intersection of Singapore's industrial and logistics corridor. Located at 70 Ubi Crescent in District 14, the project offers purpose-designed light industrial (B1) units that cater to growing demand from businesses requiring flexible workspace with robust cargo handling capabilities. The development combines modern infrastructure with pragmatic design features that reflect the evolving needs of contemporary small-to-medium enterprises operating across manufacturing, creative services, logistics coordination and professional office functions.

Location and Connectivity

Ubi Techpark's positioning within the established Ubi industrial cluster offers immediate advantages for businesses seeking proximity to major transport arteries and operational networks. The development sits just 510 metres—approximately a six-minute walk—from Ubi MRT Station on the Downtown Line (DT27), providing tenants and visitors with seamless integration into Singapore's rapid transit system. Beyond the MRT, the location benefits from accessibility to three additional stations within reasonable travel distance: Eunos Station (EW7), MacPherson Station (CC10) and Paya Lebar Station (CC9/EW8), collectively offering connections across the East-West, Circle and Downtown Lines. This multi-modal connectivity extends to dedicated bus stops along Ubi Avenue 1, including services to Paya Ubi Industrial Park, Boustead Industrial Park and other nearby commercial precincts.

Physical Infrastructure and Unit Design

The development's architectural layout prioritises operational flexibility through provision of both cargo and passenger lift systems, with lifting capacity rated at 1,600 kilogrammes. This dual-lift configuration accommodates the movement of palletised goods, equipment and personnel simultaneously, minimising operational bottlenecks common in single-lift facilities. Units are fitted with large loading doors suitable for pallet handling, whilst secondary entrance points provide alternative access routes for personnel and deliveries. The high-floor positioning of many units within the four-storey structure eliminates the need for additional ramping or elevation adjustments, simplifying logistics workflows. All units benefit from modern air-conditioning systems and functional office areas, with some offering GST (Goods and Services Tax) certification for goods movement and storage operations.

Amenities and Surrounding Environment

The immediate vicinity of Ubi Techpark supports a diverse ecosystem of support services essential for business operations. Kopitiam, a traditional coffee shop, operates within the development itself at Block 325, whilst the nearby Excalibur Centre hosts the CK (Ubi) Canteen. This on-site food provision enables staff to access affordable meals without leaving the precinct. Shop N Save Supermarkets operates within convenient distance, addressing convenience shopping needs. For broader retail and banking services, the surrounding area offers access to Joo Chiat Complex, Tanjong Katong Complex and City Plaza, each providing comprehensive amenities including grocery retailers, specialist shops, financial institutions and service providers. The accessibility of these facilities enhances the attractiveness of the development for businesses seeking integrated operational environments.

Pricing and Market Position

Units at Ubi Techpark are offered from approximately S$798,000, positioning the development competitively within the east-coast industrial real estate market. Pricing reflects the combination of modern infrastructure, MRT accessibility and dual-lift capabilities that distinguish the development from older single-lease warehousing facilities in the surrounding area. The per-square-foot valuation aligns with market expectations for renovated, purpose-built B1 space within the Ubi corridor, where demand has strengthened as businesses increasingly seek quality industrial accommodation rather than generic warehouse stock. Current unit availability includes properties with established tenant leases, offering immediate income-generating opportunities for investor-purchasers.

Investment and Leasing Characteristics

The development demonstrates active leasing demand, with existing units secured under medium-to-longer-term tenancy agreements. Rental performance varies according to unit configuration and lease terms, with established tenants currently occupying space under fixed-term arrangements extending to mid-2027. The flexibility of the unit designs supports conversion of single-tenant spaces into multi-occupancy configurations, potentially enhancing yield profiles as lease terms renew. Properties purchased as investment acquisitions benefit from the development's established tenant base and proximity to the MRT station, which continues to drive local business formation and expansion.

Operating Costs and Ownership Considerations

Ownership of units at Ubi Techpark involves established property tax and management corporation service tax (MCST) contributions, which remain competitive relative to comparable facilities in the district. Monthly property tax averages approximately S$229 per unit, whilst MCST contributions are typically around S$282 monthly, providing transparency in the ownership cost structure. These outgoings represent reasonable charges for a well-maintained, multi-storey commercial facility with comprehensive lift systems and shared amenities. Prospective buyers should factor these recurring costs into long-term ownership calculations and investment return modelling.

Building Classification and Regulatory Framework

Ubi Techpark's B1 light industrial classification permits a broad range of commercial activities compatible with mixed-use business parks, including office functions, creative industries, professional services and logistics coordination. This flexibility differentiates the development from heavier industrial zoning that restricts certain business types or creates neighbourhood compatibility issues. The regulatory framework surrounding B1 classification supports both owner-occupier and investment purchasing strategies, with tenancy flexibility enabling businesses to adapt operations as growth profiles evolve. The development's corporate building status and modern infrastructure position it favourably within the regulatory environment governing commercial property development in District 14.

Parking and Logistics Support

The development provides parking facilities distributed across basement levels and open ground areas, supporting both staff vehicle accommodation and visitor parking requirements. This provision addresses a persistent challenge within the Ubi corridor, where on-street parking availability has become increasingly constrained. The availability of dedicated parking encourages staff retention and supports business operations by ensuring reliable vehicle access for personnel and delivery partners.

Frequently Asked Questions

What rental yield can investors realistically expect from purchasing a light industrial unit at Ubi Techpark?

Light industrial units at Ubi Techpark typically command rental rates between S$3,200 and S$3,800 monthly depending on floor level, unit size and configuration, translating to gross yields in the region of 4.8% to 5.7% on purchase prices from S$798,000 upwards. However, investors must account for property tax (approximately S$229 monthly), MCST contributions (around S$282 monthly) and potential vacancy periods between tenancy cycles, which collectively reduce net yield by approximately 1.0% to 1.5% annually. The demand profile for B1 space within the Ubi corridor has remained relatively stable over recent cycles, supported by the district's role as a logistics and creative industries hub, though market conditions can shift if larger-scale zoning changes occur in the broader east-coast corridor.

How do Ubi Techpark's per-square-foot prices compare to recent transaction evidence in the surrounding Ubi industrial district?

Units at Ubi Techpark are positioned at approximately S$714 per square foot (based on S$798,000 for 1,119 sqft), which sits within the mid-to-upper tier of comparable B1 light industrial stock in the Ubi corridor. Recent transactional evidence suggests that older, unrenovated industrial units in adjacent precincts trade between S$600 and S$680 per sqft, whilst newly refurbished or purpose-built facilities command premiums of S$750 to S$850 per sqft. Ubi Techpark's pricing reflects its dual-lift infrastructure, modern amenities, high-floor positioning and established tenant base, positioning it favourably relative to single-lease warehousing facilities but below the premium pricing of newly developed tech parks with premium office finishes.

What Additional Buyer's Stamp Duty implications apply if I purchase a unit at Ubi Techpark as a second residential property?

If you are a Singapore Citizen purchasing a unit at Ubi Techpark as a second residential property, you would be liable for Additional Buyer's Stamp Duty (ABSD) at the rate of 20% on the purchase price. This means that on a S$798,000 purchase, ABSD would total S$159,600, significantly increasing the total cost of acquisition alongside the standard Buyer's Stamp Duty and legal fees. However, it is important to note that Ubi Techpark comprises light industrial (B1) commercial units rather than residential apartments, and commercial property acquisitions are typically exempt from ABSD regulations. Prospective buyers should verify the precise classification with their legal advisors, though commercial B1 classification should provide relief from ABSD liability regardless of whether it is a first or subsequent property acquisition.

Does Ubi Techpark have any lease tenure constraints, and how might lease decay affect long-term resale value?

Light industrial commercial units at Ubi Techpark are offered on freehold tenure, eliminating lease decay risk and ensuring that the property maintains consistent market value over extended ownership periods. Freehold commercial property, unlike residential leasehold units that depreciate as lease duration shortens, does not experience the quantum loss in value associated with approaching lease expiry, providing greater confidence in long-term capital preservation. This freehold status is a material advantage for investors planning to hold the asset for extended periods or for businesses seeking permanent operational bases without the uncertainty of lease expiry negotiations that can trigger significant valuation haircuts.

How does proximity to Ubi MRT Station influence demand and capital appreciation prospects for units at Ubi Techpark?

The six-minute walk to Ubi MRT Station (DT27) materially enhances the development's appeal to both occupier-users and investor-purchasers by reducing reliance on private vehicle transportation and supporting staff recruitment across Singapore's wider geographic catchment. Properties within direct MRT catchment areas have historically demonstrated superior rental absorption rates and capital appreciation compared to non-MRT-accessible facilities, as transport accessibility reduces operational costs for tenants and expands their recruitment pools. The Downtown Line's integration into Singapore's broader rapid transit network creates competitive advantage for businesses requiring staff flexibility and supply chain coordination, supporting demand sustainability even during market downturns when transport-accessible properties tend to outperform remote locations.

Which buyer profiles—HNW investors, business upgraders, first-time commercial buyers or pure landlords—are best suited to Ubi Techpark units?

Ubi Techpark units appeal strongly to established small-to-medium enterprise owner-operators seeking permanent operational bases with modern infrastructure, as well as high-net-worth (HNW) investors comfortable with commercial real estate diversification outside residential portfolios. Upgrading businesses outgrowing older single-lease warehousing facilities find the dual-lift infrastructure, modern amenities and MRT accessibility highly attractive, supporting business growth trajectories without requiring relocation. Pure passive landlords focused on yield maximisation benefit from the development's established tenant base and B1 classification, which ensures broad leasing appeal across logistics, creative services and professional office sectors. First-time commercial property buyers should note that commercial acquisitions involve higher due diligence complexity and typically require greater capital reserves for vacancy and maintenance contingencies compared to residential purchases.

What financing headroom and TDSR (Total Debt Servicing Ratio) implications apply to typical unit purchases at Ubi Techpark?

Commercial property financing at Ubi Techpark typically requires 30% to 40% cash down payment, meaning a S$798,000 purchase would necessitate S$239,400 to S$319,200 in upfront capital. Most institutional lenders offer loan tenors of 20 to 25 years at prevailing rates (currently approximately 3.2% to 3.5% for commercial mortgages), translating to monthly servicing of roughly S$2,300 to S$2,500 for a full 70% loan-to-value scenario. Total Debt Servicing Ratio caps (typically 60% for commercial borrowers) mean that servicing a S$559,000 loan would require demonstrated monthly income of at least S$3,850 to S$4,150, a threshold comfortably met by most professional purchasers and established business operators. However, commercial lending criteria remain more stringent than residential mortgages, with lenders requiring audited financial statements and potentially lower LTV ratios for certain occupier profiles.

How do competing light industrial developments in the Ubi corridor compare to Ubi Techpark in terms of facilities, location and pricing?

The Ubi industrial corridor hosts several competing facilities including older single-storey warehousing complexes, converted shophouse industrial units and purpose-built industrial parks, creating a heterogeneous competitive landscape. Ubi Techpark's advantages centre on its four-storey configuration with dual lift systems, modern air-conditioning, freehold tenure and direct MRT accessibility, differentiating it from numerous older facilities where single passenger lifts and dated infrastructure create operational constraints. Competing multi-storey facilities in Paya Lebar and MacPherson precincts typically command similar or marginally higher per-sqft pricing (S$750 to S$850) due to established tenant bases and premium office finishes, whilst older single-lease warehouse stock trades at S$600 to S$680 per sqft. Ubi Techpark thus occupies the mid-premium positioning within the district, offering modern infrastructure at reasonable valuations without the pricing premium of newly developed tech parks.

Which unit stack or floor levels at Ubi Techpark offer the best value proposition for different use cases?

Ground and lower-floor units at Ubi Techpark provide operational advantages for logistics-intensive businesses requiring frequent pallet loading and unloading, reducing material handling costs and enabling more efficient cargo workflows. However, these levels may command marginal pricing premiums and experience higher foot traffic, which can disrupt office-based functions. Mid-to-upper-floor units (levels 2-4) offer superior positioning for professional office tenants and service-sector businesses seeking quieter working environments, typically trading at similar or slightly discounted valuations relative to ground-floor space. High-floor non-ramp-up configuration eliminates elevation adjustment costs and accelerates operational setup, supporting faster tenant deployment and reducing refurbishment expenditure. Investor-purchasers seeking flexibility should favour mid-floor positioning, which balances accessibility for diverse use cases with operational practicality.

What is the future supply pipeline for light industrial and commercial space in District 14, and how might it affect long-term demand at Ubi Techpark?

District 14 encompasses the Paya Lebar, Ubi and surrounding eastern precincts, which have historically experienced moderate-to-strong demand for light industrial and creative office space as businesses seek alternatives to CBD-priced accommodation. Recent planning emphasis has favoured conversion of aging industrial facilities into mixed-use developments incorporating residential, office and retail components, potentially reducing the absolute stock of pure light industrial units. However, the Singapore planning framework continues to safeguard designated industrial zones to preserve logistics functionality and ensure supply chain resilience, mitigating severe scarcity risk. Ubi Techpark's established positioning, modern infrastructure and freehold tenure provide relative insulation from supply-induced devaluation, though purchasers should monitor district-level planning updates and URA announcements for any zoning changes that might redirect development towards higher-order residential or office uses.

Light Industrial At 70 Ubi Crescent — From S$2,399