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Photo from Savills

Suntec Tower 1 office floor on sale for $41m

The property is for sale via private treaty.

Savills announced the sale of an entire office floor at Suntec Tower 1 via a private treaty.

The office floor consists of three individual strata titles, ranging from 3,498 sq ft to 4,908 sq ft, with a total area of 12,045 sq ft. It features a regular and flexible floorplate with six individual units.

Suntec City offers connectivity to the North-South, East-West, Downtown, and Circle MRT Lines. It is also connected to major expressways, including the East Coast Parkway (ECP), Ayer Rajah Expressway (AYE), and Pan Island Expressway (PIE).

In addition, the development has over 3,000 parking spaces available across multiple levels.

The asset has a guide price of $40.95m or approximately $3,400 per sq ft on strata area. Both foreigners and companies are eligible to purchase, and no Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD) will be payable.

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