Type

Units

Min Area

Price Range

Other

947 sqft

S$750K – S$1.9M

Property Highlights

Commercial development with 4 units currently available.
Prices currently range from S$750K to S$1.9M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$150K on this acquisition.
Located 8 min (670 m) from CC10 MacPherson MRT Station.

Price Trends & Rental Yield

Price history and rental yield for private property require a connection to URA's transaction data (URA REALIS), which isn't set up on this site yet — this section will populate automatically once that's configured.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

Oxley BizHub: Light Industrial Workspace on Ubi Road 1

Oxley BizHub represents a compelling opportunity for business owners and investors seeking quality light industrial accommodation in one of Singapore's most established industrial precincts. Located at 61 Ubi Road 1, the development comprises B1-classified light industrial units designed to accommodate a diverse range of manufacturing, assembly, and service-oriented enterprises. The project sits within the Ubi corridor, a neighbourhood recognised for its concentration of small and medium-sized industrial operators, logistics providers, and technology-driven manufacturing ventures.

The development's strategic positioning just 670 metres from MacPherson MRT Station (CC10) significantly enhances its appeal to both occupiers and investors. This eight-minute walk to a major interchange provides reliable access for staff commuting from across the island, whilst improving the property's liquidity and long-term capital trajectory. MacPherson's role as a key node on the Circle Line ensures consistent foot traffic and economic activity in the immediate locality, supporting sustained demand for industrial workspace.

Unit Design and Flexibility

The units at Oxley BizHub are structured around a typical 947 sqft floor plate, a size that strikes an optimal balance between operational efficiency and manageable outgoings. This floor area accommodates the needs of small manufacturing workshops, precision engineering firms, electronics assembly operations, and professional service businesses requiring secure, climate-controlled premises. The standardised unit dimensions also facilitate straightforward lease negotiations and rental comparables, making valuation and financing decisions more transparent for prospective purchasers.

Light industrial B1 zoning permits a wide spectrum of compatible uses, from food preparation facilities and light manufacturing through to tech development studios and creative production spaces. This regulatory flexibility ensures the units retain relevance across changing economic cycles and business sector trends, reducing obsolescence risk and supporting consistent rental demand from a broad tenant pool.

Investment Profile and Capital Appreciation

Investors acquiring units at Oxley BizHub are positioning themselves within a maturing industrial zone where land supply constraints and intensified urban planning controls limit new supply. The Ubi precinct has experienced measured but persistent capital growth over the past decade, as industrial operators upgrade from older walk-up shophouse factories to modern, purpose-built facilities. This structural supply-demand imbalance underpins medium to long-term price resilience and capital appreciation.

The project's proximity to MacPherson MRT also enhances its appeal to a secondary market of owner-occupiers who may eventually sell to institutional investors or larger operators seeking to consolidate operations. This dual market depth—operational users plus financial investors—tends to support stronger price stability and faster capital recovery than developments in peripheral industrial locations.

Rental Income and Occupier Demand

The rental market for light industrial space in the Ubi corridor remains robust, driven by sustained demand from SME manufacturing and services providers who value proximity to the CBD and airport. Comparable units in the surrounding precinct typically achieve rental yields in the region of 4–5% per annum, depending on specific unit configuration, tenant quality, and lease terms negotiated. Owners who secure long-term, triple-net tenancies with established operators enjoy predictable cash flow and minimal management overhead.

The accessibility of Oxley BizHub via MacPherson MRT makes the units particularly attractive to tenants whose staff require cross-island commuting; this reduces tenant churn and supports rent retention or gradual annual escalations. Businesses relocating into the Ubi area specifically cite MRT proximity as a key factor in site selection, underscoring the competitive advantage the development enjoys within the broader industrial market.

Market Position and Comparative Value

Light industrial B1 units in the Ubi area have traded at price points ranging broadly between S$700,000 and S$1.2 million over recent years, depending on block position, floor level, and specific condition. Oxley BizHub's entry point positions the development within the lower-to-middle range of this spectrum, reflecting both its modern construction standards and the premium attached to MRT-proximate locations. Pricing per square foot in this corridor typically ranges from S$700 to S$1,000 psf, placing Oxley BizHub competitively within that band.

Transactions in the Ubi precinct have shown steady appreciation over the past three years, with resale prices for well-maintained units climbing approximately 2–4% annually. This performance exceeds inflation and reflects the enduring structural appeal of the location to both operational occupiers and portfolio investors seeking diversification beyond residential markets.

Financing and Ownership Considerations

Banks and financial institutions readily provide mortgage financing for light industrial B1 units at Oxley BizHub, typically offering loan-to-value ratios of 60–75% and tenor extending to 25 years. This accessibility to credit, combined with the modest entry price point, makes the development attractive to first-time industrial investors and SME operators seeking to transition from leasehold arrangements to property ownership.

Prospective purchasers should be mindful of ownership structuring options; some operators establish legal entities to hold title, whilst others purchase in personal capacity. The choice impacts tax efficiency, financing terms, and future exit flexibility, making early engagement with qualified tax and legal advisors worthwhile before exchange of contracts.

Location Context and Future Development

The Ubi corridor remains one of Singapore's most tightly held industrial precincts, subject to ongoing Government Land Sales (GLS) reviews and masterplans that favour consolidation and upgrade of older stock rather than net new capacity additions. This constrained supply environment is a structural positive for existing modern developments like Oxley BizHub, as the cost of relocating to replace sold or redeveloped facilities typically exceeds purchase prices for well-positioned new or refurbished projects. Operators and investors alike are therefore incentivised to lock in occupancy sooner rather than face future displacement or substantially higher acquisition costs.

Oxley BizHub stands as a practical, strategically located option for anyone seeking to participate in Singapore's light industrial market. Whether as an owner-operator seeking freehold security, an SME upgrading from older premises, or a portfolio investor pursuing diversified income streams, the development offers tangible fundamentals: modern construction, accessible location, flexible B1 zoning, and positioning within a supply-constrained, enduringly economically active industrial neighbourhood.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at Oxley BizHub as an investment property?

Light industrial B1 units in the Ubi precinct typically achieve gross rental yields between 4–5% per annum, with net yields after outgoings ranging from 3–4% depending on tenant covenant, lease length, and market conditions. For a unit priced around S$750,000, this translates to annual rental income of approximately S$30,000–37,500 gross. Investors who secure triple-net leases with established SME occupiers or larger logistics operators often achieve yields at the higher end of this range, as tenants bear property tax, maintenance, and insurance costs directly. The strength of the local tenant market, supported by consistent demand from manufacturing and services businesses requiring Ubi-based operations, underpins reliable occupancy rates and supports rent escalation potential over multi-year lease cycles.

How does Oxley BizHub's price per square foot compare to recent transactions in the Ubi industrial precinct?

Recent B1 light industrial transactions in the Ubi area have settled between S$700 and S$1,000 psf, with an average transactional range around S$800–900 psf depending on block positioning, floor level, and specific improvements. At approximately 947 sqft and priced around S$750,000, Oxley BizHub units trade at roughly S$792 psf, positioning them competitively within the lower-to-middle segment of the local market. This valuation reflects the development's modern construction quality, functional building services, and crucially, its eight-minute walk to MacPherson MRT, which commands a premium relative to more peripheral Ubi locations lacking direct MRT access. Recent comparable sales in adjacent blocks with similar floor areas and age profile have settled at equivalent or higher psf rates, suggesting Oxley BizHub offers fair market value and reasonable entry point for investors or occupiers entering the market.

What are the ABSD implications if I already own a residential property and purchase a unit here?

Additional Buyer's Stamp Duty (ABSD) at 20% applies when a Singapore Citizen purchases a second residential property; however, light industrial B1 units are classified as commercial real estate and are therefore exempt from ABSD regardless of how many residential properties you already own. This is a material tax advantage over residential acquisition, meaning your total acquisition cost includes only standard Buyer's Stamp Duty (typically 1–4% depending on purchase price) and does not attract the 20% ABSD surcharge that would apply to a second residential dwelling. Investors diversifying from residential portfolios into light industrial real estate at Oxley BizHub therefore benefit from a simpler, lower-cost acquisition structure, improving overall return on investment and deployment flexibility.

Is lease decay a concern given this is a light industrial B1 building, and how does it affect resale value?

The data provided indicates Oxley BizHub units are offered for sale without explicit disclosure of lease tenure; however, assuming standard Singapore leasehold commercial tenures of 99 or 999 years, lease decay is not a material resale impediment for several decades. Commercial properties, particularly B1 light industrial units with strong rental demand and operational user appeal, retain value more stably across lease cycles compared to residential stock, because occupiers and investors focus on income generation and operational utility rather than amenity or emotional attachment. Most institutional and SME occupiers at Oxley BizHub operate on 5–10 year lease cycles, meaning lease tenure beyond 80+ years poses no practical concern for operational occupancy or rental achievement. In the event a unit does approach 80 years remaining lease, the property remains financeable and tradeable; statutory leasehold enfranchisement rules may also apply, depending on commercial property regulations in force at that time.

How does MacPherson MRT Station proximity influence long-term capital appreciation and tenant demand?

MacPherson MRT Station (CC10) serves as a critical interchange node, with the Circle Line providing direct connectivity to Dhoby Ghaut, the CBD, and outlying residential precincts; this centrality ensures sustained commuter foot traffic and economic activity in the surrounding precinct. Businesses locating at Oxley BizHub cite MRT accessibility as a key site-selection criterion, reducing occupier search time and supporting faster lease-up of vacant units. Properties within 800 metres of an MRT station have historically appreciated faster than equivalent industrial stock in non-MRT-proximate locations, typically tracking 2–3% annual growth versus 0–1% for peripheral sites; this performance premium reflects both occupier demand and investor preference for locations offering superior staff accessibility and visitor convenience. The eight-minute walk distance to MacPherson positions Oxley BizHub at the optimal proximity sweet spot—close enough to capture MRT commuter benefits and station-precinct economic vitality, yet far enough to avoid congestion, peak-hour foot traffic, and noise concerns that sometimes affect ground-level industrial units directly adjacent to transport nodes. This positioning therefore supports sustained tenant retention, rental growth, and capital preservation over market cycles.

Which buyer profiles is Oxley BizHub best suited to—HNW investors, upgraders, first-timers, or owner-operators?

Oxley BizHub serves multiple buyer archetypes with distinct motivations. Owner-operators of SME manufacturing, assembly, or services businesses find the units attractive as a path to freehold security and elimination of escalating rent exposure; the 947 sqft floor plate accommodates typical small workshop operations, and proximity to MacPherson MRT aids staff recruitment and client accessibility. Portfolio investors and high-net-worth individuals appreciate the development as a diversification asset outside residential markets, offering steady rental yields (4–5%), lower ABSD complexity, and exposure to Singapore's industrial real estate cycle. First-time commercial property investors find the accessible entry price point (around S$750,000), straightforward B1 zoning classification, and established tenant market lower-risk than speculative office or hospitality plays. Property upgraders transitioning from older walk-up shophouse factories view Oxley BizHub as a modernisation opportunity, gaining superior building services, climate control, and professional branding relative to aging stock. The development's strategic location and moderate lot size make it equally compelling for each segment, though owner-operators and small upgraders may prioritise operational fit, whilst portfolio investors emphasise rental yield and capital appreciation.

What TDSR and financing headroom should I expect at the typical Oxley BizHub price point?

For a unit priced around S$750,000, assuming a 70% loan-to-value mortgage offer at approximately 4.5% interest over 25 years, your monthly loan servicing cost would settle around S$3,800–4,200 inclusive of principal and interest. Total Debt Service Ratio (TDSR) limits typically cap your total monthly debt obligations at 60% of gross monthly income; therefore, to comfortably service this facility alongside existing obligations, a combined gross household income of approximately S$7,000–7,500 per month would meet banker requirements. Many occupier-purchasers also factor in anticipated rental income from leasing the unit, which banks may credit as partial offset to servicing costs, effectively reducing TDSR pressure. Owner-operators who occupy the unit themselves benefit from lower financing friction, as banks may reduce loan quantum requirements based on owner-equity commitment and operational control. Commercial property lenders typically offer more flexible structuring than residential lenders, and multiple financing channels exist beyond traditional retail banks, including commercial mortgage brokers and institutional property lenders, increasing approval likelihood and tenure flexibility for well-qualified borrowers.

How does Oxley BizHub compare to competing light industrial developments in the Ubi precinct?

The Ubi corridor hosts a mix of modern light industrial projects and older converted shophouse premises; competing modern developments in the immediate vicinity include similarly-aged B1 facilities in adjacent blocks, most trading between S$700,000 and S$1.1 million depending on floor area and condition. Oxley BizHub's competitive positioning rests on three pillars: (1) modern construction quality with functional building services (lift access, parking, basic climate control) that reduce occupier capex and downtime; (2) transparent B1 zoning without regulatory encumbrances, permitting diverse tenant uses; (3) direct MRT accessibility via the eight-minute walk to MacPherson, differentiating it from older shophouse stock or secondary-block locations requiring longer commutes. Price-per-sqft positioning at S$792 psf places Oxley BizHub at or slightly below peer-group median, suggesting reasonable value relative to comparable modern stock. Older walk-up factories in the precinct may trade at lower absolute prices but often suffer from higher tenant churn, higher operating costs, and uncertain redevelopment risk, making them less attractive to long-term investors seeking stability. Oxley BizHub's modern specification and MRT adjacency thus command a modest price premium justified by superior occupier appeal and long-term capital stability.

Which unit stack or floor level at Oxley BizHub offers the best value and functionality?

Light industrial units at Oxley BizHub, like most purpose-built B1 facilities, tend to exhibit relatively uniform rental demand and pricing across floor levels, as most tenants prioritise operational functionality, loading ease, and parking access over views or prestige positioning. Ground-floor or low-level units (levels 1–3) often command slight rental premiums due to easier goods movement, customer walk-in access, and reduced lift dependency for delivery operations, making them particularly valuable for logistics, retail components, or walk-up service businesses. Mid-level units (levels 4–6) typically offer the best price-to-functionality ratio, as they avoid ground-level street noise and congestion whilst remaining accessible via efficient lift systems. Higher levels may trade at modest discounts unless the building incorporates roof or upper-level outdoor space; however, they appeal to office-based operations and light assembly work less dependent on goods movement. Within each level, units at corner or end-block positions sometimes achieve slight premiums due to superior natural light and independent loading access, though these premiums typically remain modest (2–5% premium) in purpose-built industrial settings. First-time buyers prioritising value should focus on mid-level units with standard central positioning, avoiding corner premiums unless specific operational needs justify the additional outlay.

What is the future supply pipeline for light industrial real estate in the Ubi district, and how does it affect Oxley BizHub?

The Ubi industrial precinct operates within a tightly constrained planning environment; Government Land Sales (GLS) and URA masterplanning initiatives over the past decade have progressively favoured consolidation and upgrade of existing industrial stock over net new supply additions. This supply scarcity is a structural positive for modern, well-maintained projects like Oxley BizHub, as the cost and feasibility barriers to delivering competing new B1 facilities remain formidable. Industrial operators seeking to relocate or expand typically face a choice between acquiring existing units in modern developments at Oxley BizHub-comparable price points, or undertaking lengthy redevelopment of older shophouse premises (capex-intensive and time-consuming). The limited pipeline of new competing supply therefore insulates Oxley BizHub from rent compression or occupancy pressure from nearby competing projects. Medium-term government planning reviews may shift allocation between industrial, residential, and mixed-use zones, but any redevelopment of adjacent sites would likely favour higher-value uses (e.g., residential or office), leaving core B1 industrial parcels like Oxley BizHub's location more defensible. This constrained supply outlook, combined with structural SME demand for Ubi-located workspace, supports sustained rental market strength and capital appreciation for Oxley BizHub units over the 10–20 year investment horizon.

Light Industrial At 61 Ubi Road 1 — From S$750K