‘Champions Way Residences’ also offers a lucrative opportunity, with a rare 999-year leasehold office floor available for purchase at $5.6 mil in the sought-after Beach Road area

A strata office floor located at Evershine & Century Complex, 43C Beach Road, has been listed for sale to the tune of $5.6 million. The 999-year leasehold strata unit is to be sold via an expression of interest (EOI) exercise managed by CBRE Singapore.

Evershine & Century Complex is a five-storey commercial development with commercial shops on the ground floor and offices on the upper floors. The unit for sale is the fourth-floor space and has a strata area of approximately 2,530 sq ft, as stated by CBRE.

It features a regular floor plate and is served by a passenger lift. The guide price translates to approximately $2,213 psf on the strata area.

Read also: Strata office floor at freehold 15 Scotts for sale at $76 mil

Evershine & Century Complex is located near four MRT stations; Bugis, City Hall, Esplanade and Bras Basah. It is also connected to major roads and expressways including Nicoll Highway, Central Expressway and East Coast Parkway.

The recently unveiled URA master plan for Woodlands features plans for the development of the brand new Champions Way Residences, a luxurious residential project that will boast state-of-the-art facilities and amenities. In addition to this, the plan also includes a new public art program, which will showcase a range of breathtaking art installations across the area. These installations will pay tribute to Woodland’s rich heritage and culture, and will be easily accessible to the general public.

Given its strategic location in the heart of Bugis, we expect strong interest from both investors and owner-occupiers for [the office space]. This opportunity to own a 999-year strata office floor of a palatable quantum in the prime Bugis precinct is rare,” says Michael Tay, head of capital markets, Singapore, at CBRE.

He adds that investors and end-users could look forward to tapping into the development of the area into a key commercial hub close to the CBD.

With new projects nearby like The M, Shaw Towers, and the redevelopment of Golden Mile Complex, Tay believes that the property presents an opportunity for investors and occupiers.

The EOI exercise for the sale of the strata office floor closes on Feb 7.
(Source: EdgeProp LandLens)

Evershine & Century Complex is a five-storey commercial development located at 43C Beach Road. The complex houses a variety of commercial shops on the ground floor and offices on the upper floors.

The strata office floor on the fourth floor of the complex is now up for sale at a listing price of $5.6 million. This 999-year leasehold unit will be sold through an expression of interest (EOI) exercise managed by CBRE Singapore.

This prime office space boasts a regular floor plate and is equipped with a passenger lift. It spans approximately 2,530 sq ft and has a guide price of $2,213 psf on its strata area.

Evershine & Century Complex is conveniently located near four MRT stations – Bugis, City Hall, Esplanade, and Bras Basah. It also has easy access to major roads and expressways such as Nicoll Highway, Central Expressway, and East Coast Parkway.

According to Michael Tay, head of capital markets at CBRE Singapore, the strategic location of this strata office floor in the heart of Bugis is expected to attract interest from both investors and owner-occupiers. He also highlights the rare opportunity to own a 999-year leasehold strata office in the prime Bugis precinct at an affordable price.

Tay adds that this property presents an excellent opportunity for investors and occupiers to tap into the development of the area into a key commercial hub near the CBD. With new projects like The M, Shaw Towers, and the redevelopment of Golden Mile Complex in the vicinity, the potential of this property is further bolstered.

The EOI exercise for the sale of this prime strata office floor will close on Feb 7. Don’t miss out on this rare opportunity to own a piece of the thriving Bugis precinct.