GB Building Singapore Strata Office Floor Space for Sale
A rare office floor space at GB Building which located at 143 Cecil Street in District 1 within Central Business District is put for sale
This is a golden opportunity and lucrative investment for any investors.
The recent 2019 Masterplan has certainly upped the interest of investors in Central Business District as Singapore government has given its mandate to revitalise the CBD with more residential housing units in the years to come.
And GB Building is included in the CBD rejuvenation where government gives extra 25% GFA to building owners on top of their plot ratio to rebuild the building.
This spells tremendous good news for many building owners as now they could come together collectively to sell the building in the years to come should the property market is heated up for collective sale.
Meanwhile, GB Building enjoys higher rental yield than many CBD buildings.
Based on the average rental transactions in the market, investors could get as high as 3.5% from this investment.
GB Building is Located in Prime Location District 1 Singapore
Investors Can Enjoy Higher Rental Yield, Up to 3.5%
Tanjong Pagar MRT is Located Close to GB Building
Another MRT Station Telok Ayer is Nearby Also
Rare strata office lots for sale
Entire floor, on a high floor
Size 5,425 sq ft
Rectangular and column-free
Can subdivide into 4 units and sell/rent higher in future. Each strata Office floor can be partitioned into smaller units to cater to different businesses, or leased to multiple tenants.
99-yr from 1982
3 levels of basement carpark lots
Prime Location, District 1 Singapore
Walking distance to Tanjong Pagar MRT station on the East-West Line, Telok Ayer (Downtown Line) and the upcoming Shenton Way MRT station on the Thomson Line.
Attractive Price You Can’t Miss
Contact Us Today at +65 9222 8888
To View and Strategise!
A quick glance of the Office transactions show that GB Building compares favourably among the office buildings.
GSH Plaza, 99 years from 1989 now known as Plus was transacted between $2850 psf to $3481 psf
111 Somerset, 99 years from 1975 was transacted between $2500 psf to $2700 psf.
GB Building at around $2,050 psf is definitely worth a second look as the owners could also come together and add value to the building in the near future and look forward to further increased rental revenue and capital appreciation.
However, you look it, investing in Singapore CBD is a move that will profitable in the long run.