Suntec City Office for Sale: 2,142 sqft with Single Tenant and Modern Fitout

Description

There are very few smaller size, strata title office units for sale at Suntec and there is now an opportunity to invest in one. This unit has been leased to a single tenant, a professional services firm that has fitted the space in modern taste and open plan layout. It will suit investors seeking an office asset with a prestigious address and one that is of lower quantum compared to typical units for sale at Suntec. Acquisition for own use is also possible due to its near-term tenancy expiry. 

Key Information

  • Office Building: Suntec
  • Tenure: 99 Years from 1989
  • Transaction: Strata Title Sale
  • Size: Approx. 199 sqm / 2,142 sqft
  • Price: $5.35 Million ($2,500 psf) negotiable
  • Sale Basis: With tenancy
  • Gross Rental Yield: From 2.9%

About Suntec City Office

Suntec City is a fully integrated development comprising of four 45-storey office towers, an 18-storey office tower, one of Singapore’s largest shopping malls and an internationally renowned convention and exhibition centre.

The five Grade A office towers offer commanding and panoramic views of the Central Business District (CBD), Marina Bay and the sea. Each office tower is served by high speed lifts, offers column-free space and comes with intelligent building management systems. Tenants at Suntec City Offices include Multinational Corporations (MNCs) and prominent local companies. 

With the prestigious Temasek Boulevard address, Suntec City is within the CBD and a mere 20 minutes from Changi Airport. Public transportation is easily accessible and the development is integrated with the Esplanade and Promenade MRT stations (Circle Line and Downtown Line). There is a myriad of F&B options at Suntec City and the area is also flanked by a number of 5-star hotels.