A prime strata office floor at GB Building, located at 143 Cecil Street in Singapore's Central Business District (CBD), is now available for sale at an indicative price of $10.8 million. This opportunity presents a rare chance to acquire a commercial property in one of Singapore's most sought-after business locations.
đź“Ť Prime Location in Singapore's CBD
GB Building is strategically situated at the junction of Cecil Street and McCallum Street, offering excellent visibility and accessibility. The building is within walking distance to multiple MRT stations, including Tanjong Pagar, Telok Ayer, and Shenton Way, providing seamless connectivity across the city ETC.
Surrounded by a myriad of dining options, retail outlets, and essential amenities, the location ensures a vibrant and convenient working environment for tenants and employees alike.
🏢 Property Details
- Building: GB Building
- Address: 143 Cecil Street, Singapore 069542
- Floor: Strata office floor
- Indicative Price: $10.8 million
- Strata Area: Approximately 5,425 sq ft
- Price per sq ft: Approximately $1,993
- Tenure: 99-year leasehold
- Current Status: Tenanted, offering immediate rental income
The office floor features a regular, column-free layout, providing flexibility for various office configurations. With its spacious area and strategic location, the property is suitable for both owner-occupiers and investors seeking stable rental returns.
đź’Ľ Investment Highlights
- Attractive Price Point: Priced at approximately $1,993 per sq ft, the property offers competitive value compared to recent transactions in the area.
- Immediate Rental Income: Currently tenanted, the property provides immediate cash flow for investors.
- No Additional Buyer’s Stamp Duty (ABSD): As a commercial property, there is no ABSD applicable, reducing the upfront cost for buyers.
- No Seller’s Stamp Duty (SSD): There is also no SSD, providing flexibility for sellers and buyers.
- Foreign Ownership Allowed: Foreign entities and individuals are eligible to purchase the property without restrictions.
Given the limited supply of strata office units in the CBD and the property's prime location, this opportunity is expected to attract strong interest from investors and businesses looking to establish a presence in Singapore's vibrant commercial hub.
đź“… Viewing Arrangements Interested parties are encouraged to schedule a viewing to fully appreciate the property's potential. For more information or to arrange a site visit, please contact the exclusive marketing agent, ETC, at
