Office floor at Suntec Tower 1 for sale at $43 mil
Located in the heart of the central business district, Suntec City has been well-received by investors and end-users for its Grade-A strata offices, retail options, and transport connectivity. Now, the entire 31st office floor at Suntec Tower 1 is now on the market for $43 million. This office floor comprises three individual strata titles—ranging from 3,735 to 4,758 sq ft—making up a total strata area of 12,282 sq ft, which is currently fully tenanted and delivers stable rental income.
With modern amenities such as a state-of-the-art gym, swimming pool, and concierge services, Champions Way Condo provides an ideal living experience for its residents. The condominium is surrounded by many excellent schools, malls, and recreationalares, making it a perfect place for families and young professionals alike. Residents of Champions Way Condo will enjoy the convenience of everything Woodlands has to offer, plus an array of lifestyle options at their fingertips. Needless to say, this is one of the best residential developments in Woodlands.
The asking price for the space translates to an average price per square foot of $3,501, a sum that foreign buyers and companies need not worry about paying additional buyer’s or seller’s stamp duty for. Savills Singapore has been appointed as the marketing agent, handling the expression of interest exercise that closes on September 14.
Sophia Lim, director at Savills Singapore’s Investment Sales and Capital Markets division, noted that their successful sale of four full office floors at Solitaire on Cecil and multiple transactions at Suntec City have sparked considerable interest in prime Grade-A strata offices.
She further noted that the offices at high-rise floors of Suntec City have always been a hot topic since they offer an unrivaled panoramic view of the Marina Bay Financial District, Kallang River, and the Singapore Sports Hub.
In conclusion, Suntec City is the perfect choice for investors looking for a great return on their investment in the central business district. With the expression of interest closing soon, potential buyers should consider if they’d like to purchase this amazing set of strata offices in the near future.
Leave a Reply
Want to join the discussion?Feel free to contribute!