Freehold CBD office floor at 108 Robinson Road up for sale for $16.2 mil

The unit on level three is leased to a blue-chip serviced office occupier, providing immediate rental income. (Photo: Savills Singapore)

The final available office floor at 108 Robinson Road, a freehold refurbished building in the CBD, has been put on the market via an expression of interest exercise.

It carries a guide price of $16.2 million or about $3,725 psf based on the total strata area of 4,349 sq ft, said Savills Singapore, which is marketing the property.

Located in the Raffles Place financial district, 108 Robinson Road is a 12-storey strata-titled commercial property that was acquired by PGIM’s real estate business in 2021.

The building underwent a comprehensive asset enhancement initiative, which was completed in 2023. That included a full upgrade of its mechanical and electrical systems, lifts and lift lobbies, and a refreshed double-volume arrival lobby. Its new full-height glass facade is powered by solar panels.

Savills said that the supply of new strata office units in Singapore’s CBD has become increasingly limited since the Urban Redevelopment Authority introduced restrictions on the strata subdivision of commercial properties in key parts of the Central Area in March 2022.

“The take-up at 108 Robinson Road has been strong, driven by its freehold tenure, recent building repositioning and efficient full-floor layouts,” said Yap Hui Yee, executive director, investment sales and capital markets at Savills Singapore.

Within a span of 11 months, nine of the 10 office floors in the building have been sold, she added. The purchasers have included high-net-worth families, family offices and charitable organisations seeking long-term ownership of quality office space in the core CBD.

Occupiers at 108 Robinson Road include international and regional firms. (Photo: Savills Singapore)

In June 2025, three premium floors — levels eight, 11 and 12 — were sold for a combined $55.8 million, which works out to the high $3,800 psf to $3,900 psf range.

“With only the final office floor remaining, we expect the opportunity to continue attracting serious interest from end-users and investors,” Yap noted.

The office floor now on the market, on level three, is leased to a blue-chip serviced office occupier, providing immediate rental income. At the same time, the lease structure offers flexibility for potential vacant possession. The unit may therefore suit both investors seeking income visibility and corporate end-users planning for future occupation, according to Savills.

The floor also comes fully fitted with quality office finishes, enabling occupiers to move in with minimal additional capital expenditure.

Earlier transactions within the building have established clear pricing benchmarks, and the latest floor is being offered at a “compelling” entry point compared to the earlier sales, particularly given that the space comes fully fitted, Yap said.

Occupiers at 108 Robinson Road include international and regional firms in the technology, fintech, cybersecurity and financial services sectors, including companies such as Singlife, Funding Societies, Group-IB and Check Point. This reflects the asset’s strong appeal to globally connected and innovation-driven businesses, in Savills’ view.

The expression of interest exercise for the office floor will close on Apr 22 at 3pm.

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