Three Office Units at Peninsula Plaza to Be Sold for $9.29 Million

Three adjoining office units at Peninsula Plaza is up for sale, with a guide price of $9.29 million. Here’s what’s happening:

The three offices are on the 12th floor of Peninsula Plaza, with a combined area of 4,262 square feet. Each unit ranges from 1,001 sq ft to 1,776 sq ft, and has a 999-year tenure.

The guide price of $9.29 million translates to S$2,180 per sq ft, based on the strata area. Additionally, no Sellers Stamp Duty (SSD) will be imposed.

Prospective buyers – local or foreigner – can also choose to buy the office units individually or collectively. The sale closes on 29th May, at three p.m.

Peninsula Plaza is an integrated development, near City Hall MRT station. It has six stories of retail shops and a 24-storey office building.

“The successful buyer will continue to benefit from the ongoing rejuvenation within the City Hall vicinity, which has seen much transformation, with new or refurbished developments,” said CBRE, its marketing agent.

CBRE is “optimistic that the property’s rare 999-year tenure, centralised location, and excellent connectivity are strong attributes that will appeal to both end-users and investors. The location is ideal for trades and businesses, including law or accountancy firms, allied health professional enterprises, and commercial schools“.

Looking for a property? Find the home of your dreams today on Singapore’s largest property portal 99.co! You can also access a wide range of tools to calculate your down payments and loan repayments, to make an informed purchase.

About Maelyn Lagman

Looking to sell your property?

Whether your HDB apartment is reaching the end of its Minimum Occupation Period (MOP) or your condo has crossed its Seller Stamp Duty (SSD) window, it is always good to know how much you can potentially gain if you were to list and sell your property. Not only that, you’ll also need to know whether your gains would allow you to right-size to the dream home in the neighbourhood you and your family have been eyeing.

One easy way is to send us a request for a credible and trusted property consultant to reach out to you.

Alternatively, you can jump onto 99.co’s Property Value Tool to get an estimate for free.

If you’re looking for your dream home, be it as a first-time or seasoned homebuyer or seller – say, to upgrade or right-size – you will find it on Singapore’s fastest-growing property portal 99.co.

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