Grade A office building in Orchard Road for sale for $470m

Expression of interest submission for VisionCrest Commercial ends on 17 August at 3 pm.

An 11-storey freehold Grade A office building in the Orchard Road precinct is for sale through an expression of interest with indicative pricing in excess of $470m.

In a statement, CBRE said VisionCrest Commercial includes an office and ancillary retail space with around 148,854 square feet (sq. ft.) net lettable area and 114 lots of carparking facilities.

The property, with a strata area of 154,711 sq. ft., also includes column-free floorplates of around 14,500 sq. ft., a full glass facade, and a sheltered drop-off point.

ALSO READ: Core CBD Premium, Grade A rents rise 0.6% QoQ to $11.53 per sq. ft.

VisionCrest Commercial is also part of a mixed-used development VisionCrest which included the 256-unit VisionCrest Residence and the national monument House of Tan Yeok Nee.

The submission of the expression of interest ends on 17 August at 3 pm.