Introduction
Oxley Holdings Limited, a leading real estate developer in Singapore, has unveiled 65 Ubi Road 1 Oxley Bizhub, a transformative commercial development poised to revolutionize the Ubi industrial landscape. This state-of-the-art facility, strategically located in the vibrant Ubi TechPark, offers a compelling proposition for businesses seeking to thrive in the next generation of industrial and technological advancements.
Prime Location and Connectivity
65 Ubi Road 1 Oxley Bizhub is situated in a prime location within Ubi TechPark, a highly sought-after industrial hub. The development benefits from excellent connectivity, with immediate access to major expressways such as the Pan Island Expressway (PIE) and Kallang-Paya Lebar Expressway (KPE). This seamless connectivity allows businesses to efficiently distribute goods and services to both local and overseas markets.
Furthermore, the development is conveniently located near the Ubi MRT station, providing employees with direct access to public transportation. The upcoming Thomson-East Coast Line (TEL) will also enhance connectivity in the area, further strengthening 65 Ubi Road 1 Oxley Bizhub’s strategic location.
State-of-the-Art Facilities and Amenities
65 Ubi Road 1 Oxley Bizhub is designed to meet the evolving needs of modern businesses. The development features state-of-the-art facilities and amenities to support innovation, productivity, and well-being.
- Flexible and Efficient Spaces: The development offers a range of flexible and efficient workspaces, including small office units, executive suites, and co-working spaces. These spaces can be customized to meet the specific requirements of businesses of all sizes, allowing for seamless operations and growth.
- Advanced Infrastructure: 65 Ubi Road 1 Oxley Bizhub is equipped with advanced infrastructure, including high-speed broadband connectivity, centralized air conditioning, and dedicated power supply. This robust infrastructure ensures uninterrupted operations and supports the technological needs of businesses.
- Amenities for Collaboration and Innovation: The development features communal spaces, meeting rooms, and a rooftop terrace, fostering collaboration and innovation among tenants. These amenities create a vibrant ecosystem where businesses can exchange ideas, network, and drive growth.
Sustainability and Environmental Consciousness
65 Ubi Road 1 Oxley Bizhub is committed to sustainability and environmental consciousness. The development incorporates eco-friendly features to minimize its environmental impact.
- Green Building Design: The development is designed in accordance with the Green Mark Platinum standard, ensuring energy and water efficiency. The use of sustainable materials and energy-saving technologies reduces the carbon footprint of the building.
- Rainwater Harvesting System: A rainwater harvesting system collects and stores rainwater for irrigation and other non-potable uses, conserving precious water resources.
- Solar Panels: Solar panels generate renewable energy, reducing the building’s reliance on non-renewable energy sources.
Investment Potential and Market Outlook
65 Ubi Road 1 Oxley Bizhub presents an exceptional investment opportunity for businesses looking to position themselves for future growth. The development is expected to attract tenants from a wide range of industries, including technology, logistics, and manufacturing.
- Strong Demand for Industrial Space: The demand for industrial space in Singapore is expected to remain strong in the coming years. The growth of e-commerce, automation, and advanced manufacturing is driving the need for modern and efficient industrial facilities.
- Limited Supply of Industrial Land: Land scarcity in Singapore limits the availability of industrial space. 65 Ubi Road 1 Oxley Bizhub is a rare opportunity to secure a strategic location in a highly desirable industrial hub.
- Rental Appreciation Potential: The prime location, advanced facilities, and strong demand for industrial space are expected to drive rental appreciation in the long term.
Step-by-Step Investment Guide
Step 1: Due Diligence
- Conduct thorough research on 65 Ubi Road 1 Oxley Bizhub, including its location, facilities, and investment potential.
- Consult with a real estate agent or investment advisor to assess the suitability of the investment for your financial goals.
Step 2: Financial Planning
- Determine the amount of financing required for the investment.
- Explore financing options, such as bank loans, mezzanine financing, or equity investments.
- Secure financing with favorable terms and conditions.
Step 3: Acquisition
- Negotiate the purchase price and terms of acquisition with Oxley Holdings Limited.
- Engage a lawyer to review and prepare the necessary legal documentation.
- Complete the acquisition process and take possession of the property.
Step 4: Tenant Management
- Identify and secure tenants for the property.
- Manage tenant relationships, including lease agreements, rent collection, and maintenance requests.
- Maintain a high occupancy rate to maximize rental income.
Step 5: Asset Management
- Implement a comprehensive asset management plan to maintain the value of the property.
- Undertake regular maintenance and repairs to ensure the facility remains in excellent condition.
- Monitor market trends and adjust the investment strategy as needed.
Common Mistakes to Avoid
- Overestimating Rental Income: Avoid overestimating the potential rental income. Conduct thorough market research and consult with industry experts to determine realistic rental rates.
- Underestimating Operating Costs: Factor in all operating costs, including property taxes, insurance, maintenance, and utilities. Underestimating these costs can lead to financial difficulties.
- Neglecting Tenant Management: Effective tenant management is crucial for maintaining a high occupancy rate and maximizing rental income. Neglecting tenant relationships can result in vacancies and financial losses.
Tips and Tricks
- Negotiate Lease Agreements Favorably: Negotiate lease agreements with tenants to secure favorable terms, including rent escalations, renewal options, and tenant improvement allowances.
- Offer Value-Added Services: Provide value-added services to tenants, such as equipment rentals, concierge services, or access to business networking events. These services can enhance tenant satisfaction and retention.
- Leverage Technology: Use technology to streamline asset management tasks, such as tenant management software, remote monitoring systems, and online payment platforms. This can save time and improve efficiency.
Future Trending and How to Improve
Future Trending
- Smart Building Technology: 65 Ubi Road 1 Oxley Bizhub can incorporate smart building technology to enhance energy efficiency, security, and tenant convenience.
- Vertical Farming: The development could explore vertical farming on its rooftop or unused spaces, providing tenants with access to fresh produce and promoting sustainability.
- Co-Working and Shared Spaces: The demand for co-working and shared spaces is expected to grow in the future. 65 Ubi Road 1 Oxley Bizhub can cater to this demand by offering flexible and affordable workspaces.
How to Improve
- Community Building: Organize events and networking opportunities for tenants to foster a sense of community and collaboration.
- Sustainability Initiatives: Explore additional sustainability initiatives, such as electric vehicle charging stations or waste reduction programs, to enhance the building’s green credentials.
- Partnerships with Local Institutions: Establish partnerships with local institutions, such as universities or research centers, to support innovation and workforce development in the area.
Conclusion
65 Ubi Road 1 Oxley Bizhub is a transformative commercial development that offers a compelling investment opportunity in the heart of Ubi TechPark. The strategic location, state-of-the-art facilities, and strong investment potential position the development as a prime choice for businesses seeking to thrive in the future. By understanding the market dynamics, following prudent investment practices, and embracing future trends, investors can maximize their returns and contribute to the growth of Singapore’s industrial and technological landscape.
Additional Information
Tables
Table 1: Industrial Space Demand in Singapore
| Year | Industrial Space Demand (sq m) |
|---|---|
| 2020 | 1.7 million |
| 2021 | 2.1 million |
| 2022 | 2.5 million |
| 2023 (Projected) | 2.9 million |
| 2024 (Projected) | 3.3 million |
Table 2: Rental Rates for Industrial Space in Ubi
| Grade | Rental Rate (per sq m per month) |
|---|---|
| A | S$2.50 – S$3.00 |
| B | S$2.00 – S$2.50 |
| C | S$1.50 – S$2.00 |
Table 3: Green Mark Platinum Certification Criteria
| Category | Assessment Criteria |
|---|---|
| Energy Optimization | Energy efficiency measures, renewable energy sources |
| Water Efficiency | Water conservation measures, rainwater harvesting systems |
| Indoor Environmental Quality | Air quality, thermal comfort, lighting |
| Resource Management | Waste reduction, sustainable materials, recycling programs |
| Environmental Protection | Protected open space, biodiversity conservation |
Table 4: Investment Potential of 65 Ubi Road 1 Oxley Bizhub
| Scenario | Assumptions | Expected Return |
|---|---|---|
| Conservative | 2% rental growth per year, 5% vacancy rate | 6% – 8% |
| Moderate | 3% rental growth per year, 4% vacancy rate | 8% – 10% |
| Aggressive | 4% rental growth per year, 3% vacancy rate | 10% – 12% |
