Strata office units at Clarke Quay on the market for $28 mil

Strata office units at Clarke Quay on the market for $28 mil

June 22, 2022

Nine contiguous strata office units at The Central, an integrated development at Clarke Quay in the CBD, has been launched for sale via expression of interest (EOI) at a guide price of $28 million, or $2,965 psf on the strata area.

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The units encompass a total strata area of 9,441 sq ft. They are located on the 17th floor of the 25-storey office tower at The Central, which also consists of a retail podium and two SOHO (small office, home office) towers. The integrated development, which sits above Clarke Quay MRT Station on the North East Line, was completed in 2008.

According to exclusive marketing agent JLL, the units enjoy 270-degree unblocked views of the Singapore River, Raffles Place and Fort Canning Hill. “Most of the office spaces in The Central have smaller floor plates and it is rare to find nine contagious office units on a single level on high floor offering excellent city, greenery and river views,” says Carin Puah, senior director at JLL Singapore Capital Markets.

She adds that the units are currently occupied with a sale and leaseback arrangement for another six to nine months.

The EOI exercise will close on July 21 at 3pm.

https://www.edgeprop.sg/property-new...-market-28-mil