http://www.businesstimes.com.sg/real...through-tender

Seven industrial units at Frontier for sale through tender

17 Mar


SEVEN contiguous strata industrial units at Frontier in the Ubi industrial cluster have been put up for sale, with an indicative price of about S$8.7 million, or S$550 per sq ft. Interested parties may bid for single or multiple strata units, which are being sold with vacant possession.

DTZ is the sole marketing agent for the property, which is being sold through tender.

Located on the third floor of Frontier, the units have a combined strata area of 15,726 sq ft, with sizes ranging from 2,024 to 2,842 sq ft.

Each strata unit has a regular and column-free layout and comes with its own private carpark lots and en suite washroom. The units also have a floor-to-ceiling height of 5.3 m and floor loading of 12.5 kN per sq m.

Frontier, a five-storey ramp-up Business 1 development, is within close proximity to the Central Business District (CBD) and Changi Airport. The industrial building is situated near Tai Seng and Macpherson MRT stations, as well as the upcoming Ubi Station. It is also "well served by public bus services", DTZ said.

Amenities such as food and beverage outlets, banks, recreation facilities and entertainment establishments can be easily found in the vicinity. In addition, DTZ noted the potential appeal of the units to investors looking to tap Frontier's proximity to the upcoming Paya Lebar commercial hub.

The tender will close at 3pm on April 28.