A four-storey industrial property at 26 Ubi Road 4 is up for sale through an expression of interest (EOI) exercise with an indicative price of $20 million or $619 psf on the land area. The property sits on 32,294 sq ft of JTC land with a balance leasehold tenure of about 25 years. The land is zoned for “Business 1” industrial use with a gross plot ratio of 2.0.
The property has an indicative price of $20 million, or $619 psf on the land area (Picture: ETC)
The property was completed in 2020 and has a gross floor area (GFA) of 61,372 sq ft. Features include a glass-clad passenger lift, high ceilings suitable for light manufacturing and warehousing, and ancillary office space. The building comes with naming rights, subject to approval from authorities, says ETC, which is the sole marketing agent for the property.
A map showing the location of 25 Ubi Road 4 (Picture: EdgeProp LandLens)
The building is located within the Paya Lebar-Ubi industrial precinct, surrounded by light manufacturing premises, tech companies, and motor showrooms. It is within a five-minute walk of Ubi MRT Station on the Downtown Line.
Ong Mei Fen, senior director of business space and retail at ETC, says industrial assets in Ubi continue to attract attention due to their strategic location and accessibility. “The property offers flexibility for a variety of industrial and office uses, from light manufacturing and R&D to warehousing and last-mile logistics,” she adds.
The EOI will close on June 10 at 3pm.
