Great Business Location with Excellent Connectivity
Rare strata office spaces at Peninsula Plaza Singapore are up for sale now and here is a chance for every investor to grab hold these prime assets.
Peninsula Plaza @ 111 North Bridge Road, is a mixed-use development and has 24-storey office space and 6-storey retail podium.
Its tenure 999 years leasehold is very attractive to long term investors who want to build a commercial portfolio for their legacies.
The commercial site is superbly located near to the City Hall MRT interchange station that connects the North-South line and the East-West line.
The City Hall MRT leads to Raffles City shopping mall where office crowds can find amazing display of eateries.
If that is not enough, one can find at least another 10 more famous restaurants in Fairmont and Swissotel Singapore Hotel.
Just next to it, we have Capitol Piazza which is a new mall integrated with the renowned Kempinski Hotel which was just recently opened.
And newest funky mall Funan is just opened by CapitaLand with its impressive deco that comes with many more eateries and unique shops for a totally new shopping experience.
There are also landmarks around this site and these include St Andrew’s Cathedral, Supreme Court and the National Gallery.
All these add to the value of Peninsula Plaza which is centrally located and office tenants would love to be in this action-packed location which keep office workers delighted.
This place is an ideal location for accountancy and law firms, health enterprises, and commercial schools besides regular businesses.
Since 6 July 2018 cooling measure, more investors are looking at commercial real estate as residential real estate is now very heavy on Additional Buyer’s Stamp Duty (ABSD).
This ABSD has even directed developers’ attention to commercial collective sale.
It is therefore not surprising to see so many offices building now currently undergoing collective sale; namely The Adelphi, High Street Plaza, High Street Centre, Riverwalk, Fook Hai Building, International Plaza, People’s Park Centre, Textile Centre, etc.
Imagine in the near future when some of these buildings are successfully sold collectively, what it will mean to the office asset owners is that their current commercial portfolio is poised for growth as office supply diminishes and office rent starts to improve.
However, you look at it, investing in a 999-yrs leasehold asset holds great promise of an asset capital appreciation through increase in land prices in Singapore and from an increase in rental values in the years to come.
It is with this in mind, investors can take a closer look at these offices for sale in Peninsula Plaza,
Vary Sizes from: 1,485, 1,776, 2,970 sq ft, starting from $1,999 psf! Grab now.
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