Two floors of strata offices at Suntec Tower 2 going for $76 mil

SINGAPORE – Two floors of strata offices at Suntec Tower 2 have been put up for sale using an Expression of Interest (EOI) workout by Cushman & Wakefield.

The office spaces lie on the 6th and also 11th floors and each has a strata flooring location of about 14,381 sq ft. The guide cost for the homes is $76 million which translates to a typical cost of $2,642 psf on the strata area.

The office systems on both floorings are presently rented to multinational corporations which will certainly provide the inbound buyer with an immediate rental income. The properties can be bought collectively or separately, states Cushman & Wakefield.

Suntec City is an incorporated, mixed-use growth with five Grade-A workplace towers, a mega retail podium that extends all towers, as well as a first-rate convention as well as an exhibition center. The advancement is centrally located and also has direct access to the Promenade, Esplanade, as well as City Hall MRT terminals.

Suntec Tower 2 is undertaking possession enhancement to help the entry advertisement function areas, lift entrance halls, and restrooms.

” Strata offices in Suntec City are highly searched for as a result of the property’s practical place, column-free design, the broad range of services at its doorstep,” says Shaun Poh, executive director of Capital Markets at Cushman & Wakefield.

He adds that “provided Suntec’s outstanding credibility as a Grade An industrial advancement that constantly draws in the absolute best MNCs to start a business, capitalists are constantly on the lookout to obtain such prime properties.”

The EOI workout will close on March 10.

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