ETC, a commercial real estate advisory firm, has announced the sale of a four-storey B1 industrial building located at 26 Ubi Road 4, Singapore. The sale will be conducted via an expression of interest, closing on 10 June 2025 at 3pm. The property, completed in 2020, is priced at $14.6m (S$20m), equating to approximately $11.3 (S$619) per square foot on the land area.
The building, situated on a 32,294-square-foot site with a remaining leasehold tenure of about 25 years, boasts a gross floor area of 61,372 square feet. Designed to modern industrial specifications, it features a glass-clad passenger lift, high ceilings, and ancillary office space. The site is zoned for “Business 1” use, according to the URA Master Plan 2019, with a gross plot ratio of 2.0.
Ong Mei Fen, Senior Director of Business Space & Retail at ETC, highlighted the property’s appeal, stating, “This is a rare opportunity to acquire a modern, high-specification B1 industrial asset in a prime city-fringe location.” She noted the strong interest expected from investors and end-users due to the limited supply of quality industrial properties and sustained demand from sectors such as manufacturing, logistics, and technology.
Located in the Paya Lebar-Ubi industrial precinct, the property is within a five-minute walk of Ubi MRT station and accessible via major expressways. The area hosts a mix of light manufacturing, logistics firms, tech companies, and motor showrooms, enhancing its business appeal. The building also offers exclusive naming rights, subject to approval, providing additional brand visibility for owner-occupiers.
“`
