Mainboard-listed Sim Lian Group says it will tomorrow launch UB.1, a 11-storey multiple user development comprising a staff canteen, 196 factory units and 83 warehouse units.
A preview which started on 27 April 2011 recorded bookings of 118 units with prices averaging $545 psf.
UB.1 is located within walking distance to Tai Seng MRT Station and will be near to the upcoming Paya Lebar Business Hub and 10-minute drive to CBD via the KPE. It is also surrounded by residential estates which provide a ready workforce to the users.
Sited on a land area of 123,693 square foot, UB.1 is a 60-year leasehold development which is expected to obtain its T.O.P by 3Q 2011.
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