Oxley: Co’s industrial project Oxley BizHub in Ubi saw a take-up rate of 60% during its phase 1 soft-launch of 364 units. The avg price was $677 psf with Singaporeans as a majority...
The project is within walking distance to Tai Seng and Macpherson MRT and has recreational amenities such as a swimming pool and gym, a rarity for any industrial property. From recent stats, the industrial sector saw factory rental increase 8.3% in 1Q11 and occupancy improved to 93.1% this quarter from 92.8% in 4Q10.
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