5 STOREY HIGH-SPECIFICATIONS INDUSTRIAL BUILDING
GUIDE PRICE S$21 MILLION
SINGAPORE, Sept. 26, 2024 /PRNewswire/ -- Brilliance Capital is pleased to present a rare opportunity to acquire a 5-storey high-specifications light industrial building at 4 Ubi View, available for sale via an EOI exercise. This exclusive property, zoned under "Business 1" with a plot ratio of 2.0, sits on a substantial land area of approximately 22,321 sq ft and boosts a gross floor area of approximately 44,775 sq ft. This is a private leasehold property (non JTC), and comes with a lease of 60 years commencing from 4 January 1999. There is no land rent payable, which is a significant advantage for buyers looking to secure a cost-efficient and long-term asset.
Prime Location in a Growing Precinct
Located in the rapidly evolving Paya Lebar-Ubi area, this industrial building is strategically positioned in a precinct marked for transformation by the Urban Redevelopment Authority (URA). Identified as a key growth hub, the Paya Lebar-Ubi area has attracted numerous businesses, particularly those in light industries such as distribution, technology, E-business, and light manufacturing. The property's proximity to Changi Airport and Changi Aviation Park enhances operational efficiency, especially for businesses focused on logistics and last-mile delivery. Furthermore, the upcoming relocation of Paya Lebar Airbase in the 2030s is expected to unlock immense growth potential, cementing the area as a future business hotspot with excellent connectivity and modern infrastructure.
Outstanding Accessibility and Connectivity
The property enjoys superior transport connectivity, accessible via major expressways such as the KPE, PIE, CTE, and ECP, providing swift access to Singapore's Central Business District (CBD) in just 15 minutes. For public transport, Ubi MRT station is a mere 5-minute walk, while MacPherson and Tai Seng MRT stations are also nearby. The building is further supported by well-serviced bus routes along Ubi Avenue 3 and Ubi Road 3, making it highly convenient for employees and clients alike.
Strategic Advantages for End-Users and Investors
Ms. Sammi Lim, Founder and Executive Director, Brilliance Capital Pte Ltd, says "This is a unique opportunity for businesses and investors to acquire a dynamic, fully operational industrial building in a precinct that is rapidly transforming. The rise of decentralization trends means that companies are increasingly seeking strategic hubs like Paya Lebar-Ubi that provide large, flexible spaces at more affordable rates, while remaining well-connected to the city's key business districts. This property offers the infrastructure and space that businesses need to thrive in a modern economy. The building offers a rare opportunity to acquire a fully functional and strategically located industrial facility in one of Singapore's most sought-after industrial areas.
Mr. Mark Tan, Associate Director of Brilliance Capital, highlights the property's strong appeal," This private industrial facility also stands out with no land rent, a 34-year remaining long lease, and eligibility for foreign buyers, with no Additional Buyer's Stamp Duty (ABSD) payable. High-specifications such as maximum floor loading of 20 kilonewton per square meter and ceiling heights of up to 6.4 meters make this building an ideal space for operations requiring robust infrastructure. Additionally, buyers will enjoy the potential for naming and signage rights, allowing businesses to increase their visibility in a prime industrial area."
Given the ongoing demand for high-quality industrial assets in Singapore, this property presents an attractive opportunity for both local and international buyers. It offers the chance to acquire a fully functional, high-specifications facility in a strategic location, which is perfect for companies looking to expand their footprint or establish their operations in one of Singapore's most sought-after industrial zones. With its rare combination of strong transport links, industrial flexibility, and long-term growth potential, 4 Ubi View is expected to generate significant interest among owner-occupiers who have been on the lookout for an attractive industrial asset for long term operations, as well as investors seeking stable, high-return industrial assets.
Brilliance Capital is the sole marketing agent for this EOI exercise.
The EOI closes on 8 November 2024, Friday at 3.00 pm.
About Brilliance Capital Pte. Ltd.
Brilliance Capital is a full-service real estate agency that assists and advises ultra-high net worth individuals, local and foreign family offices, as well as property developers, publicly listed companies, and local and overseas private funds on the purchase and sale of real estate assets. Founded and led by Sammi Lim, the firm engages the industry's most elite professionals, and boasts a dynamic team of agents specializing in the sale and leasing of the entire spectrum of properties which includes, residential condominiums, landed houses, commercial properties, industrial assets, collective sales, as well as consultancy and advisory services.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
4 UBI VIEW - FOR SALE BY EXPRESSION OF INTEREST (EOI)
ABU DHABI, UAE, May 11, 2025 /PRNewswire/ -- An Abu Dhabi economic delegation, led by the Abu Dhabi Department of Economic Development (ADDED), concluded a successful visit to Japan, signing agreements with government entities and the private sector to further enhance partnerships in various industries and high-growth clusters.
The Abu Dhabi economic delegation, comprising representatives from more than 80 public sector entities, private enterprises, SMEs, and startups, engaged in high-level meetings with top government officials, key businesses and investors in Japan, exploring collaboration opportunities in across key sectors including life sciences, carbon-neutral technologies, AI, digital infrastructure, robotics, advanced manufacturing, and financial services.
The delegation visited Expo 2025 Osaka and SusHi Tech – Tokyo, and organised the 11th Abu Dhabi Japan Economic Council (ADJEC) meeting, the Abu Dhabi Investment Forum (ADIF) and Abu Dhabi-Japan Business Forum, highlighting cooperation opportunities and the role of Abu Dhabi's 'Falcon Economy' initiatives in accelerating transition towards a smart, diversified, and sustainable development.
12 homegrown startups, supported by Hub71 and Khalifa Fund, participated in SusHi Tech- Tokyo, Asia's premier startup and innovation conference, highlighting Abu Dhabi's tech talent, solutions, and investment opportunities in innovation-driven industries.
Organised in partnership with the UAE Embassy in Tokyo, the visit included meetings with H.E. Hirofumi Yoshimura, Governor of Osaka, H.E. Yuriko Koike, Governor of Tokyo, H.E. Nobuhiko Yamaguchi, Vice Governor of Osaka, H.E. Ogushi Masaki, State Minister of Economy, Trade and Industry, H.E. Takeuchi Shinji, Parliamentary Vice-Minister of Economy, Trade and Industry (METI), and H.E. H.E. Kodaira Nobuyori, President of the Japan Cooperation Center for the Middle East (JCCME). The delegation also met senior officials and executives of the Osaka Chamber of Commerce and Industry, Japan Business Federation (Keidanren), Sumitomo Corporation, Cosmo Energy, ITOCHU, and Toshiba.
His Excellency Ahmed Jasim Al Zaabi, Chairman of ADDED, said: "Guided by our leadership's ambitious vision, we are doubling down on our efforts to future-proof the economy and cement Abu Dhabi's stature as a rising economic powerhouse and a global hub for talent, business, investment, and trade".
"Our visit to Japan presented a valuable opportunity to further strengthen our longstanding partnership by exploring new avenues of collaboration in various sectors. The agreements signed during this visit reinforce our commitment to deepening partnerships across priority industries and clusters to address giga shifts in the global economy. We remain committed to enhancing cooperation with key economies and trading partners, making human development and sustainability our top priorities to shape a brighter tomorrow".
The agreements signed during the visit included a strategic partnership for smart mobility solutions between Emirates Driving Company and Zenmov, a leading company in smart mobility solutions, and Abu Dhabi Chamber and the Japan External Trade Organization (JETRO) agreement to deepen business relations and create new opportunities for collaboration.
In addition, the Emirates Foundation's Nema initiative and Japan International Cooperation Center (JICE) inked an agreement to bolster cooperation to support achieving Nema's goal of reducing food loss and waste by 50 percent by 2030, in line with the UAE's National Food Security Strategy 2051 and U.N. Sustainable Development Goals.
His Excellency Shihab Ahmed Alfaheem, Ambassador of the UAE to Japan, said: "The visit of the Abu Dhabi economic delegation to Japan underscores the strength and strategic depth of the UAE–Japan relationship — one that is rooted in decades of trust and collaboration, and now firmly focused on the future. Japan's global leadership in digital innovation, smart infrastructure, sustainable mobility, and advanced manufacturing aligns closely with Abu Dhabi's economic diversification goals and its ambition to build a resilient, knowledge-based, and climate-conscious economy."
H.E. Alfaheem added: "This mission represents a pivotal moment in our bilateral ties, as we prepare to activate transformative frameworks such as the Comprehensive Economic Partnership Agreement (CEPA). CEPA will provide unprecedented access to markets, streamline cross-border investment, and facilitate greater technological exchange between our nations. It is through such frameworks that we will unlock the full potential of UAE–Japan collaboration across sectors — from clean energy and AI to startups and industrial R&D. The UAE Embassy in Tokyo is proud to support this high-level engagement. We remain committed to fostering meaningful partnerships between Emirati and Japanese institutions, and to advancing shared priorities that will shape the next era of sustainable, innovation-led growth."
Bilateral trade between the UAE and Japan rose 4.8 percent to AED 182.4 billion (USD 49.7 billion) in 2024, compared to AED 174 billion (USD 47.4 billion) in 2023, while non-oil trade grew 2.2 percent over the same period, reflecting growing ties between the two economies. UAE investment in Japan has increased 100% over the past five years, while the country accounts for 80 percent of Japanese investments in the Middle East.
The Abu Dhabi economic delegation included senior officials and executives from government entities, private sector's companies, and startups, including the Department of Culture and Tourism – Abu Dhabi, Abu Dhabi Securities Exchange (ADX), ADGM, Abu Dhabi Investment Office (ADIO), Abu Dhabi Customs, Khalifa Fund for Enterprise Development, Abu Dhabi Chamber of Commerce and Industry (ADCCI), ADNOC, KEZAD, Hub71, Abu Dhabi Airports, and major companies from different sectors.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Abu Dhabi and Japan sign agreements to strengthen partnerships, boost bilateral trade and investments