News

Commercial Property

Staff Reporter

, Singapore

Published:

1 year ago

309 views

Photo from ETC

4–storey B1 industrial building along Ubi Road on sale via EOI

The EOI closes on 19 June.

ETC announced the sale of a 4-storey single-user B1 industrial property located at 26 Ubi Road 4 via an expression of interest (EOI) exercise.

The property has an indicative price of $20m or approximately $619 per sq ft on the land area.

The 32,294 sq ft site has a gross floor area (gfa) of 61,372 sq ft with modern industrial specifications, including a glass-clad passenger lift, high ceilings for light manufacturing and warehousing, and an ancillary office space.

It is located in the Paya Lebar-Ubi industrial precinct near the Ubi MRT station (Downtown Line) and is easily accessible via major expressways, including the Pan Island Expressway (PIE) and Kallang-Paya Lebar Expressway (KPE).

Zoned “Business 1”, the property has a remaining JTC leasehold tenure of approximately 25 years.

The EOI will close on 19 June at 3 pm.

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