Paya Ubi Industrial Park

Overview

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Overview

Sales

Rental

Surrounding

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  3
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Details

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*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Description
Paya Ubi Industrial Park is a leasehold (60 yrs from 1997) industrial property. The development occupies a land area of 54,001 sqm and a Gross Floor Area of 132,181 sqm.

PAYA UBI INDUSTRIAL PARK is located along Ubi Avenue 1 in Geylang, in District 14. It is accessible through the nearest MRTs including Ubi DT27 and MacPherson CC10, DT26. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 522 psf in Aug 2023 for a 958 sqft unit for Factory (All Types). Its lowest recorded transaction was S$ 180 psf in Nov 2023 for a 5,780 sqft unit for Factory (All Types).

Buyers and tenants are attracted to District 14, which covers Eunos, Geylang, Kembangan and Paya Lebar. It is one of the most historically and culturally rich zones. These areas comprise predominantly HDB flats, private non-landed homes and shophouses. Eunos, Kembangan and Aljunied MRT stations serves the district via East-West Line, while Paya Lebar MRT station is the interchange station of East-West Line and Circle-Line. Geylang is one of Singapore's Malay settlements, and is known for its rich Malay heritage. Visitors to Geylang Serai can enjoy the sights of Ramadan lights and various foods at the bazaar during Ramadan. The neighbourhood is also home to many shophouses and a rich nightlife scene. Major shopping malls in this district are Paya Lebar Square and Kallang Wave Mall, which offer a variety of retail and dining options. Separately, Paya Lebar is envisaged to be a new sub-regional centre with industrial, technological and commercial developments.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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4
"Paya Ubi Industrial Park is a commercial property located at 51, Ubi Avenue 1, 408933 in District 14. Paya Ubi Industrial Park is primarily used for Light Industrial (B1) rental and sale. Paya Ubi Industrial Park is close to Eunos MRT (EW7), MacPherson MRT (CC10) and Paya Lebar MRT (CC9/EW8). It is close to several bus stops located at Ubi Avenue 1, Paya Ubi Industrial Park - 71201, Ubi Avenue 1, Opp Paya Ubi Industrial Park - 71209, Ubi Avenue 1, Opp BLK 343 - 71119 and Ubi Avenue 1, BLK 343 - 71111. Amenities near Paya Ubi Industrial Park Paya Ubi Industrial Park is near to several eateries at nearby buildings such as Kopitiam at 10 Ubi Crescent, BLK 325 Coffeeshop and CK (Ubi) Canteen @ Excalibur Centre. Paya Ubi Industrial Park is within reasonable distance to Shop N Save Supermarkets. It is also close to Joo Chiat Complex, Tanjong Katong Complex and City Plaza for an array of amenities such as grocery and retail shopping, banks and more. Paya Ubi Industrial Park is accessible via Paya Ubi Avenue 1 and Pan-Island Expressway (PIE)."
M***** S***
Google Review     |   10 May 2022
2
"Another huge industrial area. Not easy to get to specific unit."
K* L***
Google Review     |   01 May 2022
5
"Great variety of car workshops"
I** M*
Google Review     |   19 Dec 2021
5
"Nic and wes the best renovation company"
Z**** R******
Google Review     |   04 Apr 2021
5
"Had car spa with Lambency Detailing. Good job and highly recommended"
J****** T**
Google Review     |   08 Feb 2021
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Nearby Amenities
Source: URA,  www.edgeprop.sg
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Sales Transaction of Ubi Avenue 1 (Limited to 10)

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Asking Price of PAYA UBI INDUSTRIAL PARK

Source: URA, https://www.edgeprop.sg

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Rental Transactions of Ubi Avenue 1

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Price Comparison with Nearby Properties (UP to 10)

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Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.

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