GB Building office floor, retail unit in CBD up for sale

The ground-floor unit is priced at $45m, reflecting $3,443 per square foot on strata area.

A ground-floor commercial unit and a full office floor at GB Building in Singapore’s Central Business District (CBD) have been put up for sale, offering investors an opportunity to secure prime commercial assets in a sought-after location.

The ground-floor unit, which spans Levels 1 and 2, is priced at $45m, reflecting $3,443 per square foot on strata area, according to its marketing agent Edmund Tie & Company.

This space offers high visibility along Cecil Street and was previously approved for restaurant and bar use, making it a potential option for food and beverage (F&B) operators or retail investors.

The office floor, measuring approximately 1,170 square metres, is listed at $25m, or $1,985 per square foot on strata area.

Both units are currently tenanted, allowing potential buyers to benefit from immediate rental income. GB Building’s strategic location in the CBD ensures continued interest from corporate tenants, F&B businesses, and investors seeking stable rental yields.