Properties

Newly Refurbished Standalone Commercial Building in CBD for Sale

Property Type: For Sale Category: Office District: District 01 - Raffles Place, Marina, Cecil Price: $73,888,000
Address
PSF $4,651
Tenure 99-years
Build up area 15,888
Floor Level

Property Highlights

Property Description

Prestigious District 1 Address:
Commercial assets that command the prestigious District 1 address in Singapore’s bustling Central Business District are highly regarded by astute investors such as institutions, corporations, family offices and High-Net Worth Individuals (HNWIs). Ownership of such assets are often tightly-held and are greeted with great prestige and privilege.

Building Naming & Signage Rights:
Situated on a prominent visibility and exposure to dual-road wide frontage. The incoming owner is presented with a rare signage opportunity to showcase their brand along 2 major arterial roads.

Significant cost savings for incoming owner:
The Asset had underwent substantial enhancement works with refurbishment its facade and tenure topped up to a fresh lease. This resulting significant cost savings to any future potential capital expenditures to maintain the whole building.

Investor-friendly Regulations:
Zoned “Commercial” under the 2019 Master Plan, the purchase of the asset will not be subject to any Additional Buyers’ Stamp Duty (ABSD) or Sellers’ Stamp Duty (SSD). Foreigners and Entities are also eligible to purchase.

Kindly reach out to Kenny @ +65 – 8722 – 9898 for more details or viewing appointment.

Disclaimer:
The information contained herein is to the best of the salesperson’s knowledge and belief. Dimensions quoted here are based on estimation and approximation only, prospective buyers, investors or tenants are encouraged to engage professional land or building surveyor to determine the exact dimension of the stated property. Renderings, illustrations, and images are purely for reference purposes and should not be regarded as the representation of the actual property. This is to safeguard the privacy of the unit’s owner and/or tenant and to ensure no disruption to the existing business operation. Under no circumstances will the salesperson be held responsible or liable in any way for any claims, damages, losses, liabilities from this adv.

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Location Description

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