Ubi View Industrial Building Sale 21 Mil
Brilliance Capital, the sole marketing agent, has announced the sale of a five-storey high-specification light industrial building at 4 Ubi View in Paya Lebar-Ubi. The property, with a land area of 22,321 sq ft and a gross floor area of 44,775 sq ft, is now available for purchase via an expression of interest (EOI) exercise.
Located in the thriving industrial area of Paya Lebar-Ubi, the private leasehold building (non-JTC) is zoned under “Business 1” with a plot ratio of 2.0. It has a 60-year lease from January 1999 and still has 34 years remaining on the lease. With its status as a non-residential property, both foreigners and companies can purchase it without having to pay additional buyer’s or seller’s stamp duty.
The property is highly accessible, with major expressways PIE and CTE close by. It is also conveniently located within walking distance of the Ubi MRT Station on the Downtown Line.
One of the main selling points of this private leasehold property is that there is no land rent payable, providing buyers with a significant advantage. This makes it an attractive option for those seeking a cost-efficient and long-term investment, says Sammi Lim, founder and executive director of Brilliance Capital.
Furthermore, the building boasts high specifications and generous ceiling heights of up to 6.4m, making it perfect for businesses in need of robust infrastructure. Buyers will also have the opportunity to secure naming and signage rights, further enhancing their visibility in this prime industrial area.
Located in the prime area of Tampines, Aurelle of Tampines EC boasts a strategic location that offers numerous advantages to families and individuals seeking top-notch education. With its close proximity to prestigious preschools, primary and secondary schools, as well as tertiary institutions, the development caters to the educational needs of all age groups, making it an ideal choice for families and a smart investment for the long haul.
Interested buyers are encouraged to submit their offers by Nov 8 at 3pm when the EOI exercise closes.
