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Oxley Bizhub Review

Oxley Bizhub Review
Industrial & Commercial Property Review — District 14

Oxley Bizhub

A large multi-block B1 light-industrial development off Ubi Road 1, positioned between Tai Seng and MacPherson MRT stations.

SGCPI Research Desk Updated August 2026 71 Ubi Road 1, Singapore 408732 60-YR LEASEHOLD FROM 2010

Street-level view of Oxley Bizhub, 71 Ubi Road 1, Singapore 408732. Imagery: Google Street View (user-contributed imagery), accessed August 2026.

Project Overview

Building NameOxley Bizhub
Address61–73 Ubi Road 1, Singapore 408727–408734
District14 (Geylang / Ubi)
Tenure60-year leasehold from 2010
Zoning / UseB1 Light Industrial
Built FormMultiple linked blocks, ≈10-storey podium-and-tower configuration
Land Area / GFA≈34,853 sqm land / ≈87,067 sqm GFA
Completion Year2013
Nearest MRTTai Seng (CC11), MacPherson (CC10/DT26)
Key Road AccessPIE, KPE, Paya Lebar Road, Ubi Avenue 3
Transacted PSF RangeS$391 – S$1,020 psf
Sale Price RangeS$720,000 – S$5,250,000
Asking Rent Range≈S$2.20 – S$3.50 psf/month
Occupier BaseSME light manufacturing, warehousing, IT, design, engineering and trade services

Location & Connectivity

Oxley Bizhub sits along Ubi Road 1 in the Kampong Ubi precinct of Geylang, District 14, an established light-industrial belt that has been steadily upgraded over the past decade as older single-storey factories give way to strata-titled multi-storey developments. The estate is bounded by Paya Lebar Road to the north and Ubi Avenue 3 to the south, placing it within a dense cluster of similarly-zoned B1 buildings, including its sister development Oxley Bizhub 2 directly across the road.

Public transport access is a genuine strength for a B1 asset of this vintage. Tai Seng MRT (CC11) on the Circle Line and MacPherson MRT (CC10/DT26), an interchange with the Downtown Line, are both within a comfortable ten-to-fifteen-minute walk, supported by frequent bus services along Paya Lebar Road and Ubi Avenue 3. For occupiers dependent on staff and client accessibility rather than heavy-vehicle logistics, this dual-MRT proximity is unusually good for the Ubi/Kaki Bukit industrial corridor. Road access is equally serviceable, with the Pan-Island Expressway (PIE) and Kallang-Paya Lebar Expressway (KPE) both reachable within a few minutes’ drive, giving vans and light commercial vehicles quick routes toward the city, the airport, and the eastern and central regions.

Amenities in the immediate vicinity are typical of an established industrial estate rather than a lifestyle precinct: coffee shops and food courts such as Ubi Ave 3 Eating House sit within the compound and neighbouring blocks, while Tai Keng Shopping Centre and Grantral Mall @ Macpherson provide banking, retail and F&B options a short drive or bus ride away. This is a functional, work-first location, and buyers should weigh that against any expectation of retail-style footfall.

Location of Oxley Bizhub. Map data: Google Maps, accessed August 2026.

Building & Facilities

Oxley Bizhub was completed in 2013 as a multiple-user light-industrial development comprising several linked blocks along Ubi Road 1, addressed individually from number 61 through 73. Each block follows a podium-and-tower arrangement typical of the genre, with ground-level loading and unloading bays feeding into service cores, passenger and cargo lifts serving each upper floor, and floor-to-floor heights suited to light assembly, storage and showroom-style B1 use rather than heavy processing.

Common facilities are geared toward operational efficiency: a multi-storey car park with lots allocated across owners and tenants, dedicated loading/unloading bays at ground level, and shared lobbies with 24-hour access and CCTV coverage. Units are typically handed over in a bare warehouse-shell condition, with floor screed, basic electrical points and fire-protection infrastructure in place, leaving fit-out of partitions, mezzanine levels, air-conditioning and cabling to individual owners or tenants — a common arrangement across Singapore’s strata-industrial stock that keeps entry costs down but requires buyers to budget separately for renovation.

As with any B1-zoned strata development nearing its mid-life point, prospective buyers should commission independent due diligence on the Mechanical & Electrical systems, lift maintenance records, and any Building and Construction Authority (BCA) notices before committing, and should verify current MCST by-laws on permitted trades, since B1 zoning carries specific restrictions on noise, fumes and after-hours operating conditions that vary slightly by unit and stack.

Unit Types & Floor Plan Notes

Oxley Bizhub’s unit mix spans a wide range, from compact ground-floor and low-rise units suited to storage or workshop use, through to larger mid-and-high-floor units that lend themselves to combined office-cum-warehouse or showroom configurations. Ceiling heights on select floors allow for mezzanine construction, effectively adding usable area for owners who fit out accordingly, subject to MCST and authority approval.

Compact Warehouse

≈600 – 900 sqft

Entry-level strata units suited to storage, small-scale assembly or single-operator trades. Typically transact at the lower end of the psf range and appeal to owner-occupier SMEs.

Standard Office-Warehouse

≈1,000 – 1,500 sqft

The most commonly transacted format, combining a front office or showroom zone with rear storage. Popular with logistics agents, trading firms and service contractors.

Mezzanine-Capable Unit

≈1,500 – 2,200 sqft

Higher ceiling clearance allows for a built-in mezzanine, effectively doubling usable floor area for owners in design, light manufacturing or creative-studio use.

Corner / Combined Lot

≈2,500 sqft and above

Larger combined or corner units suited to established operators needing dedicated staff areas, meeting rooms and expanded storage under one strata title.

Floor-to-floor height: ≈4.5m typical, higher on select mezzanine-eligible floors
Floor loading: ≈7.5 – 10 kN/sqm, standard for B1 light-industrial use
Lift provision: Passenger and cargo lifts serving each block
Handover condition: Bare shell with screed floor and basic electrical points
Loading bays: Ground-floor loading/unloading bays shared across each block

Investment Case

Oxley Bizhub occupies a well-connected pocket of the Ubi/Kaki Bukit industrial belt, and its investment appeal rests largely on that connectivity plus its relatively broad unit mix, which allows both owner-occupiers and yield-focused investors to find a fit. As with any strata-industrial asset now well past its first decade, the calculus shifts toward remaining lease, financing structure and the building’s ongoing maintenance track record.

What Works

  • Dual MRT access via Tai Seng and MacPherson, unusual for a B1 estate of this scale.
  • Broad unit-size range accommodates both small owner-occupiers and larger operators.
  • Established industrial cluster with mature ancillary F&B and retail nearby.
  • Good expressway access via PIE and KPE for logistics-dependent tenants.
  • Track record of active leasing and resale transactions provides pricing transparency.

What to Weigh Carefully

  • Lease has run down from a 60-year term since 2010, affecting long-horizon financing.
  • Units handed over bare-shell, requiring separate fit-out budget and time.
  • B1 zoning restricts use; retail, F&B and residential-style use are not permitted.
  • Wide psf range across the estate reflects meaningful variance in floor level, stack and condition.
  • Car park and loading-bay allocation can be tight during peak operating hours.

Who This Suits

Oxley Bizhub tends to suit two distinct buyer profiles. The first is the owner-operator SME — in trades such as IT services, interior design, engineering consultancy, printing or light assembly — for whom a strata-titled unit near two MRT lines offers a durable base for staff commuting and modest client visits, at a lower capital outlay than comparable space in the CBD fringe. The second is the mid-horizon investor seeking industrial rental yield who is comfortable underwriting a shortening leasehold and is prepared to hold through typical B1 tenant turnover cycles. It is less suited to buyers requiring long residual lease runway for multi-decade holding, or to businesses whose activities fall outside permitted B1 uses.

Frequently Asked Questions

What is Oxley Bizhub zoned for and what activities are permitted?
Oxley Bizhub is zoned B1 Light Industrial under the Urban Redevelopment Authority’s Master Plan. This permits light manufacturing, assembly, warehousing, workshops and ancillary offices that do not generate excessive noise, smoke, vibration or pollutants affecting neighbouring premises. Some professional and business-service uses are also allowed under prevailing guidelines, though retail, F&B beyond ancillary canteens, and residential use are not. Buyers intending to run trades such as printing, light engineering, IT services or storage should confirm their specific SSIC code against current URA and MCST guidelines before purchase, as permitted-use interpretation can be nuanced and enforcement has tightened in recent years across similar Ubi-corridor developments.
Can foreigners buy a unit at Oxley Bizhub?
Yes. Unlike residential property, Singapore does not impose blanket restrictions on foreign ownership of B1 industrial strata units, and foreign individuals and foreign-registered companies may purchase at Oxley Bizhub without needing Singapore Land Authority approval, which is generally reserved for restricted residential categories such as landed housing. That said, foreign buyers should still factor in Additional Buyer’s Stamp Duty where applicable, financing limitations from Singapore banks for non-resident borrowers, and the practical difficulty of managing a leasing or fit-out programme remotely. Engaging a local property manager or agent familiar with the estate is strongly advisable for any non-resident purchaser.
Does Additional Buyer’s Stamp Duty (ABSD) apply to industrial units like this?
No. ABSD in Singapore applies specifically to residential property purchases and does not extend to industrial or B1-zoned strata units such as those at Oxley Bizhub. Buyers, whether Singapore citizens, permanent residents, foreigners or companies, are not subject to ABSD when acquiring this type of asset, which is one of the structural reasons industrial property has historically attracted investors seeking to diversify away from ABSD-heavy residential exposure. Buyers still pay standard Buyer’s Stamp Duty on the purchase price or market value, whichever is higher, and should not confuse the absence of ABSD with an absence of all transaction taxes.
Is Seller’s Stamp Duty (SSD) a concern if I want to resell quickly?
Industrial property in Singapore is subject to its own Seller’s Stamp Duty regime, separate from the residential SSD schedule, and it applies if a unit is sold within a defined holding period after purchase, currently structured on a stepped-down basis over roughly the first three years of ownership. Selling within that window triggers SSD calculated on the higher of the sale price or market value, which can meaningfully erode a quick flip’s returns. Buyers at Oxley Bizhub planning a short-term resale strategy should model SSD explicitly into their exit assumptions and confirm current rates with IRAS, as stamp duty schedules are periodically revised.
What Buyer’s Stamp Duty (BSD) applies on a purchase here?
Buyer’s Stamp Duty applies to all property purchases in Singapore, including industrial strata units at Oxley Bizhub, and is calculated on a progressive scale based on the purchase price or market value, whichever is higher. For a typical unit transacting within the S$720,000 to S$5,250,000 range quoted for this development, BSD would be computed across the applicable tiers set by IRAS. Unlike ABSD, BSD is not use-specific and applies uniformly regardless of buyer nationality or entity type. Buyers should obtain a current BSD computation from their conveyancing lawyer or IRAS’s published tables before finalising their purchase budget, since rates are subject to periodic revision.
Is GST payable on a purchase at Oxley Bizhub?
Goods and Services Tax treatment depends on the seller’s GST-registration status rather than the property itself. If the seller is a GST-registered entity, such as a developer or a GST-registered company disposing of the unit, GST is typically chargeable on the sale price in addition to the purchase consideration, and the buyer should budget for this separately from stamp duties. If the seller is an individual or non-GST-registered entity, GST generally does not apply. Buyers should always clarify the seller’s GST status early in negotiations at Oxley Bizhub, since this can materially affect total acquisition cost and should be reflected clearly in the Option to Purchase and sale and purchase agreement.
How does the remaining lease affect financing options?
Oxley Bizhub sits on a 60-year lease from 2010, meaning roughly 44 years remain as of 2026. Singapore banks generally cap industrial property loan tenures so that the loan is fully repaid before the lease runs out, and loan-to-value ratios can taper as remaining lease shortens, particularly once it drops below around 30 years at drawdown. At current lease length, most eligible buyers should still access standard industrial financing terms, but should expect more conservative terms as the lease continues to decay. Buyers financing near the tail end of a holding period, or refinancing later in ownership, should stress-test serviceability against a shorter effective lease at that future point.
What rental yield can an investor reasonably expect?
Based on quoted asking rents of roughly S$2.20 to S$3.50 psf per month against transacted sale prices in the S$391 to S$1,020 psf range, gross yields at Oxley Bizhub broadly cluster in the mid-single-digit percentage range annually, varying significantly by unit size, floor and fit-out condition, consistent with typical B1 strata-industrial performance in the Ubi corridor. Net yields will be lower once property tax, MCST maintenance fees, periodic vacancy and any agent commissions are factored in. Investors should build a conservative rental and vacancy assumption into their underwriting rather than relying on peak asking figures, and should benchmark against recent comparable transactions rather than headline listing prices.
How significant is the building’s age, and what should buyers check?
Completed in 2013, Oxley Bizhub is now in its early-to-mid teens, a stage where mechanical, electrical and lift systems typically require closer monitoring rather than major structural concern. Buyers should request the MCST’s maintenance records, recent Annual General Meeting minutes, sinking-fund balance and any planned major repair works before committing, since a shortfall in the sinking fund can translate into special levies for owners. It is also worth checking for any outstanding Building and Construction Authority notices or fire-safety compliance items. At this age, the building is generally sound, but diligence on upkeep standards protects buyers from inheriting deferred maintenance costs.
What are the odds of an en-bloc sale or redevelopment?
En-bloc potential for strata-industrial developments like Oxley Bizhub depends on factors including plot ratio headroom, the number of strata owners required to consent under the Land Titles (Strata) Act thresholds, and prevailing appetite from industrial developers for large-format redevelopment sites. Given the estate’s substantial land area and multiple linked blocks, a future collective sale is not implausible over a longer horizon, but coordinating consensus across a large, diverse ownership base is typically slow and uncertain. Buyers should treat any en-bloc upside as a long-dated, low-probability bonus rather than a core part of their investment thesis, and focus primarily on rental income and eventual resale fundamentals.
What is parking and loading provision like at Oxley Bizhub?
The development provides a multi-storey car park shared across its linked blocks, with lots allocated to owners and tenants, alongside ground-floor loading and unloading bays serving each block for goods vehicles. As with many multi-tenanted B1 estates of comparable scale, demand for parking and loading slots can be tight during core business hours, particularly around peak delivery windows, and visitor parking may be limited. Businesses with frequent heavy-vehicle or high-frequency delivery needs should visit the estate at different times of day before committing, to gauge realistic access and turnaround conditions rather than relying solely on marketing material.
What are typical MCST maintenance fees, and what do they cover?
Maintenance and Management Corporation Strata Title (MCST) fees at industrial developments like Oxley Bizhub typically fall in the range of a few hundred to over a thousand Singapore dollars per month depending on unit size, and are levied to cover common-area cleaning, security, lift maintenance, fire-safety system upkeep, and contributions to the sinking fund for major repairs. Buyers should request the latest fee schedule and budget statement directly from the MCST or managing agent, since rates can be revised at Annual General Meetings, and should factor these recurring costs into net yield calculations rather than assuming they remain static over a long holding period.
How liquid is the resale market for units at Oxley Bizhub?
Oxley Bizhub has shown reasonably active transaction volumes historically, reflected in its wide reported psf range from roughly S$391 to over S$1,000, which indicates ongoing buyer and tenant interest across different unit types and conditions rather than a stagnant market. Liquidity for strata-industrial units generally trails prime residential or office assets and can be more sensitive to broader manufacturing and SME sentiment cycles. Well-configured, well-located units within the estate, particularly those near lift lobbies with good natural light and loading access, tend to transact faster. Sellers should price against recent comparable transactions and expect a longer marketing period than for comparable residential stock.
What types of businesses are best suited to operate from here?
Given its B1 zoning and unit mix, Oxley Bizhub suits light manufacturing, assembly and packaging operations, warehousing and logistics support, IT and software development firms, design and creative studios, engineering and technical consultancies, and trade or wholesale businesses needing showroom-cum-storage space, all of which are represented among the estate’s existing tenant base. It is less suited to businesses requiring heavy industrial processes, high-volume F&B operations, or walk-in retail footfall, since B1 zoning and the estate’s internal, non-street-facing layout do not support those use cases. Prospective occupiers should verify their specific business activity against current URA permitted-use guidelines before signing a lease or completing a purchase.

This article is for general informational purposes only and does not constitute financial, legal or investment advice. Figures including pricing, PSF ranges, rental estimates and building specifications are compiled from publicly available sources and reasoned estimates where indicated with the “≈” symbol, and should be independently verified before any purchase or leasing decision. Readers should conduct their own due diligence and consult qualified professionals, including a licensed property agent, lawyer and financial adviser, before transacting.

© 2026 SG Commercial Property Insights. All rights reserved.

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