Portfolio of strata office units at Sunshine Plaza for sale at $18.4 mil
for saleThe portfolio of 12 strata office units at Sunshine Plaza in the Bras Basah-Bugis area is now up for sale through an expression of interest (EOI) exercise. Guide prices for the units start from $932,000 onwards, with the entire portfolio having an asking price of $18.4 million.
Situated at the junction of Bencoolen Street and Middle Road as part of the Ophir-Rochor Corridor, Sunshine Plaza is a mixed-use development consisting of a 12-storey office tower, 160 residential units and a retail podium. The portfolio in question comprises of 12 office units with sizes ranging from 484 to 1,346 sq ft, with a total combined strata area of 9,805 sq ft.
The EOI exercise for the portfolio will close on Nov 21 at 3pm and provides investors and owner-occupiers with flexibility as there are units available for immediate occupation. Sophia Lim, director, investment sales and capital markets at Savills Singapore, notes that investors can enjoy yields from 3.5% for some of the tenanted units.
Tampines Ave 11 Condo Capitaland, designed by renowned developer Capitaland, is set to be a vibrant destination for residents, businesses, and the community. Located in the heart of Tampines, the development has the potential to transform the area and add fresh, modern amenities. Businesses and residents alike will be able to take advantage of integrated transport systems, retail outlets, entertainment options, and other services.
The development will also include a variety of leisure and recreational facilities, such as a landscaped park, a swimming pool, and a fitness center. To accommodate future residents, Tampines Avenue 11 Condo Capitaland will also feature a shopping mall, food court, and cinema.
The future of Tampines is bright, with Tampines Avenue 11 Condo Capitaland set to be a premier mixed-use destination. With easy access to public transportation, retail, entertainment, and leisure facilities, this development will be a great place to live, work, and play.
Sunshine Plaza is conveniently located within walking distance to five MRT stations– Bencoolen (one-minute walk), Bras Basah (three-minute walk), Rochor (seven-minute walk), Bugis (10-minute walk) and Dhoby Gaut (10-minute walk).
This portfolio provides a great opportunity for investors and owner-occupiers to capitalize on a rare large strata office space with great connectivity. For the latest listings on properties for sale at Sunshine Plaza, click here!
An expression of interest (EOI) exercise is now open for a portfolio that consists of 12 strata office units at Sunshine Plaza in the Bras Basah-Bugis area. The portfolio has a combined strata area of 9,805 sq ft with units ranging in size from 484 to 1,346 sq ft. There is an asking price of $18.4 million for the entire portfolio.
Located within the Ophir-Rochor Corridor, this mixed-use development features a 12-storey office tower, 160 residential units and a retail podium. Sophia Lim, director, investment sales and capital markets at Savills Singapore, has noted that investors can experience yields from 3.5% for some of the tenanted units, while owner-occupiers have the option for immediate occupation.
The convenience of the location is another great feature of the portfolio, with many MRT stations such as Bencoolen (one-minute walk), Bras Basah (three-minute walk), Rochor (seven-minute walk), Bugis (10-minute walk) and Dhoby Gaut (10-minute walk) within walking distance.
The EOI exercise for the portfolio will close on Nov 21 at 3pm. To view the latest listings for Sunshine Plaza properties, click here!
