Strata office units at The Plaza for sale at $7.44 mil
Situated in a strategic location, a portfolio of ten adjoining office strata units in The Plaza, a mixed-use development located along Beach Road is up for sale. With a guide price of $7.44 million, this works out to $1,600 psf on the total strata area estimated at around 4,650 sq ft.Michael Tay, Head of Capital Markets, Singapore at CBRE, believes that the strategic location of The Plaza will lead to strong interest from both investors and owner-occupiers for the available office strata units.The Plaza is a 30-storey mixed-used property, featuring apartments, a hotel, serviced suites, a retail podium and offices. It is within walking distance of the Bugis and Nicoll Highway MRT Stations.A unique opportunity for investors, this portfolio provides the chance to leverage on the transformation of the Beach Road and Bugis micro-market. According to Joshua Giam, CBRE’s Associate Director of Capital Markets, Singapore, the strong leasing performance of buildings such as Guoco Midtown has instilled confidence in the attractiveness of the local location, leading to a greater interest in office spaces.The expression of interest exercise JCube Residence ends on 11th April at 3pm. Don’t miss out on this golden opportunity to acquire a strategic portfolio of office strata units in The Plaza and enjoy the potential of the transformation of the Beach Road and Bugis micro-market.