Developer Oxley Holdings says it has so far sold 60% of the 364 Oxley BizHub units released in the soft launch of Phase 1 held over the weekend. Dubbed an “innovative industrial project” along Ubi Road 1, the factory and warehouse units were sold for an average price of $677 psf with the buyers mainly Singaporeans.
Ching Chiat Kwong, Executive Chairman and CEO of Oxley Holdings, says, “Oxley BizHub is an innovative industrial property, likely to be the first of its kind in Singapore. The market’s positive response to our first industrial project testifies to the good market demand for such uniquely-designed, lifestyle-oriented industrial property.”
Strategically located along Ubi Road 1 with a wide frontage along Paya Lebar Road, Oxley BizHub is set to be a lively and vibrant heart of the established Paya Lebar industrial district.
Located within walking distance to Tai Seng MRT and MacPherson MRT, the lifestyle industrial development comprises three podium blocks and four tower blocks, housing 728 factory and warehouse units. These strata-titled units range from 915 sq ft to 3,423 sq ft, and are well-served by basement and ramp-up car parks, as well as link bridges for easy vehicle access. The development also boasts recreational amenities including a swimming pool, gymnasium and lush eco-gardens that are a rarity in any existing industrial property in Singapore.
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