JLL, the exclusive marketing agent, has launched nine contiguous strata office units on Level 17 of The Central (the “Property”) for sale.  It is strategically located at Central Business District fringe and above Clarke Quay MRT Station. In addition, the building commands a prominent frontage along the Singapore River. Built in 2008, The Central is an integrated development consisting a retail podium, two SOHO towers and a 25-storey office building.

The space is currently occupied with a total strata area to 9,441 sf. There is no Additional Buyer’s Stamp Duty or Seller’s Stamp Duty imposed on the purchase of the property, and foreigners are eligible to purchase the property.

The units enjoy 270 degrees of unblocked views of the Singapore River, Raffles Place and Fort Canning Hill and has been tastefully done up, boasting a sleek and modern design. The full-length windows all along the exterior-facing sides further enhances the ambience of the space with ample natural lighting. Meeting rooms flank the space, allowing clients and occupants to enjoy more of the exceptional views. The large, regular floor plate has been efficiently used to provide occupants with generous workstations and ample circulation space. The Property is in excellent tenantable condition, ideal for owner occupiers and investors alike.

Clarke Quay is a popular spot known for its huge selection of restaurants, buzzing bars and clubs and quality waterfront city living. It is a lifestyle destination, with pedestrian-friendly waterfronts and promenades with just a MRT Station away from Dhoby Ghaut as well as Chinatown MRT Interchange. 

Carin Puah, Senior Director at JLL Singapore Capital Markets, said: “Most of the office spaces in The Central have smaller floor plates and it is rare to find nine contagious office units on a single level on high floor offering excellent city, greenery and river views. The Property is currently occupied with a sale and leaseback arrangement for another six to nine months.”

The guide price of $28 million translates to $2,965 psf on the strata area.

The sale will be conducted through an Expression of Interest exercise which closes on Thursday, 21st July 2022 at 3.00 p.m

To request a copy of the Information Memorandum please contact the marketing agent Carin Puah, Senior Director at JLL Singapore Capital Markets, via the contact details below.