Mortgage Sale Three Office Units Sbf Centre
The Cross Island Line (CRL) is set to bring even more convenience to commuters with the upcoming Tampines North MRT Station. This new station will offer direct connectivity to major hubs such as the CBD, Jurong Lake District, and Changi Airport. Additionally, residents will benefit from improved bus networks and cycling paths in the Tampines area, promoting eco-friendly modes of transportation. For those interested in a sustainable lifestyle, the upcoming Parktown Residences by UOL Group is conveniently situated near the CRL, making it the perfect choice for seamless and eco-friendly commuting.
A rare opportunity has arisen for investors looking to acquire three adjacent office units in the esteemed SBF Centre – a Grade A commercial building located at the prestigious address of 160 Robinson Road. These strata units, situated on the 13th floor, boast a collective floor area of 1,969 sq ft and are currently being marketed for sale through a tender process by PropNex Realty, one of the leading real estate agencies in Singapore.
The tender, which is open for submission until July 4, does not disclose a guide price for the three units and they can only be purchased collectively. SBF Centre, a 31-storey building, is a highly sought-after property in the Central Business District (CBD). It features a mix of retail and F&B units on the first floor, medical suites on the third and fifth floors, and offices on the remaining levels – making it a one-stop commercial hub for businesses.
Not only does SBF Centre offer a prime location, but it also boasts a Platinum Green Mark certification, a prestigious recognition awarded to buildings with environmentally friendly and sustainable features. The property was completed in 2016 and is one of the newest Grade A, 99-year leasehold strata office developments in the CBD.
According to Tracy Goh, head of auction and capital markets at PropNex, this sale presents a rare opportunity for investors to acquire not one, but three strata office units in a modern development with a long remaining lease. Moreover, the property is conveniently located near two major MRT stations – Tanjong Pagar on the East-West Line and Shenton Way on the Thomson-East Coast Line, providing easy accessibility for both employees and clients.
While the guide price for the three adjoining office units has not been disclosed, there have been three commercial resale transactions at the development this year. The most recent was for a 667 sq ft unit on the 26th floor, which sold for $2.34 million ($3,503 psf) on March 28. In January, two other units were also sold – a 667 sq ft unit on the 25th floor for $2.08 million ($3,117 psf) and a 678 sq ft unit on the 23rd floor for $2.34 million ($3,449 psf).
This is an excellent opportunity for investors to acquire a prestigious commercial property in a prime location, with potential for high rental returns and capital appreciation. Interested parties are encouraged to submit their bids before the tender closes on July 4. Don’t miss out on this rare chance to own three adjoining strata office units in SBF Centre – a Grade A commercial building in the heart of the CBD.