Oxley BizHub would be a B1 business zoning non-residential development located along Ubi Road 1 & Paya Lebar Rd. With a touch of modernity, this ten-storey development projects an image of company identity. The design draws a balance between functions, functionality and economy, bringing forth a development with a conducive setting for business.
Oxley BizHub comprises of 3 podium towers and 4 tower blocks on top, the project houses 728 units of varied configurations to meet an assortment of businesses and spatial needs. High ceiling additionally increase the grandeur and usability of areas inside the building.
A vehicular ramp is provided for access to all 4 levels of the north and south podium towers while goods and passengers lifts serve the entire ten levels. The loading and unloading facilities are located on the basement level while automotive parking lots are adequately provided within the basement level also on the 1st to 4th storey.
Lush landscaping around the development adds a soft feel while creating a tranquil ambience. Supporting amenities to reinforce vibrancy in addition to working & living setting of the tenants located within the project.
Once a Mass Rapid Transist station is open, tenants are eager to pay a fair bit more and also the value of the condos closeby will grow with the rental growth. There exist several neighbourhoods that are specially good as investment : At Bartley Mass Rapid Transist due to the shortage of recent projects; At Lorong Chuan Mass Rapid Transist with several international schools; At Pasir Panjang Mass Rapid Transist which is within a five-to-10 minute drive to the CBD and both the integrated resorts.
The real estate market is determined by many factors, for example supply and demand, population growth, job growth, interest rates increase or decrease and rental return. Seldom can one issue like gain in interest rates have an effect on the market significantly. The median annual supply of non-public homes from now to 2015 is around thirteen thousand nine hundred sixty five units. In order to support stable economic growth, our government must welcome thirty thousand migrants yearly. Based on 3.5 persons per household, up to 34,000 additional homes will be required from next year till 2015.
A serious commitment is required so as to make property provide profit for you. There will be ups and downs along the road. The share market experiences falls & rises on an everyday basis. Just as you cannot dump all of your stocks over one lousy day, the similarity hold even more truth within the area of property investing. Property values generally appreciate eventually over time. This means that whether or not the property value in your area fall, probabilities are that the property will eventually recover.
Oxley BizHub 2 is a light business property located along Ubi. It derives its dynamic prominence plus metropolitan superiority as of the visually bold with charismatic interconnecting linear building format. The hot latest property includes a lively plus contemporary industrial Development that tersely reveals current design culture with inspiring lifestyle.
If you acquired a property, you’ll need to take advantage of it by selling it off to somebody else for a better price. How will you be doing this? Well there are a number of ways. For one, most markets appreciate in value over time thus if you would like, a long term approach will work. Making upgrades to the property will automatically enhance the price of the home similarly. Think in terms of what the market desires, not what you personally need. You are not the one purchasing it; you’re making an attempt to sell it to somebody else for a better price than to procured it.
The series of cooling policies might have shifted the market mechanism. The sellers’ stamp duty of up to 16% enacted in January last year could have encouraged quite a number of investors to search for new property purchases instead, as they will reduce their equity requirement from the progress payments. By the time the real estate is completed after three years, they would only be penalised with a relatively small 4% sellers’ stamp duty when they resell the new property during the fourth year, or may avoid paying altogether when they sell the unit after 4 years.
Oxley BizHub Project Details
Development Type : B1 Zoning
Lease : 60 yrs wef 15 Nov 2010
Land Area : 375,153 sqft approximate
Expected TOP : Dec 2015