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Singapore Springleaf Tower Office Floor Up For Sale, The Guide Price Is More Than $26m

An entire workplace floor on degree 22 of Springleaf Tower is up for sale via expression of passion with an overview price in excess of $26 million, sole advertising and marketing agent Savills Singapore stated on Monday (July 6).

The remodelled office flooring has a strata location of about 10,527 sq ft and also will certainly be sold on an uninhabited property basis. It comes with special use of the lift entrance hall, cupboard and also restrooms.

Springleaf Tower was completed in 2002. It lies in Singapore’s central downtown (CBD), at the heart of the Tanjong Pagar sub-market.

Private Home prices expected to remain stable throughout the year. Bukit Timah’s master plan got a new addition this year.  So, it got new condos along with Fourth Avenue Residences.

Savills stated that it is one of the very couple of strata workplace advancements which command Quality A specs.

EC condominium made a new sale record in Singapore housing, OLA EC starts at $576.20 psf.

The home has around 100m of famous road frontage in Anson Roadway, with straight underground, sheltered access to Tanjong Pagar MRT terminal.

Savills added that Springleaf Tower constantly has a high tenancy rate. The workplace floorings are “always firmly held” by a very small number of owners, it noted.

Each workplace floor in the structure comes with specs such as a column-free format, raised flooring, full-height windows as well as variable refrigerant circulation air-conditioning, which allows for independent floor procedure.

Mr Galven Tan, Savills Singapore replacement handling supervisor of financial investment sales as well as capital markets, stated: “Against the background of tight strata workplace supply in the CBD, our company believe that this offering is an excellent chance for both owner-occupier and also capitalist to acquire a premium-grade strata office flooring.”

He added that Tanjong Pagar is the CBD portal to the prepared Greater Southern Waterfront, among the vital emphasis locations of the Urban Redevelopment Authority in the coming years.

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