5 STOREY HIGH-SPECIFICATIONS INDUSTRIAL BUILDING
GUIDE PRICE S$21 MILLION
SINGAPORE, Sept. 26, 2024 /PRNewswire/ -- Brilliance Capital is pleased to present a rare opportunity to acquire a 5-storey high-specifications light industrial building at 4 Ubi View, available for sale via an EOI exercise. This exclusive property, zoned under "Business 1" with a plot ratio of 2.0, sits on a substantial land area of approximately 22,321 sq ft and boosts a gross floor area of approximately 44,775 sq ft. This is a private leasehold property (non JTC), and comes with a lease of 60 years commencing from 4 January 1999. There is no land rent payable, which is a significant advantage for buyers looking to secure a cost-efficient and long-term asset.
Prime Location in a Growing Precinct
Located in the rapidly evolving Paya Lebar-Ubi area, this industrial building is strategically positioned in a precinct marked for transformation by the Urban Redevelopment Authority (URA). Identified as a key growth hub, the Paya Lebar-Ubi area has attracted numerous businesses, particularly those in light industries such as distribution, technology, E-business, and light manufacturing. The property's proximity to Changi Airport and Changi Aviation Park enhances operational efficiency, especially for businesses focused on logistics and last-mile delivery. Furthermore, the upcoming relocation of Paya Lebar Airbase in the 2030s is expected to unlock immense growth potential, cementing the area as a future business hotspot with excellent connectivity and modern infrastructure.
Outstanding Accessibility and Connectivity
The property enjoys superior transport connectivity, accessible via major expressways such as the KPE, PIE, CTE, and ECP, providing swift access to Singapore's Central Business District (CBD) in just 15 minutes. For public transport, Ubi MRT station is a mere 5-minute walk, while MacPherson and Tai Seng MRT stations are also nearby. The building is further supported by well-serviced bus routes along Ubi Avenue 3 and Ubi Road 3, making it highly convenient for employees and clients alike.
Strategic Advantages for End-Users and Investors
Ms. Sammi Lim, Founder and Executive Director, Brilliance Capital Pte Ltd, says "This is a unique opportunity for businesses and investors to acquire a dynamic, fully operational industrial building in a precinct that is rapidly transforming. The rise of decentralization trends means that companies are increasingly seeking strategic hubs like Paya Lebar-Ubi that provide large, flexible spaces at more affordable rates, while remaining well-connected to the city's key business districts. This property offers the infrastructure and space that businesses need to thrive in a modern economy. The building offers a rare opportunity to acquire a fully functional and strategically located industrial facility in one of Singapore's most sought-after industrial areas.