Far East Plaza
Details
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*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.
**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.
Description
Far East Plaza is a freehold commercial property completed in 1982. The development occupies a land area of 2,981 sqm and a Gross Floor Area of 16,067 sqm.
FAR EAST PLAZA is located along Scotts Road in Orchard, in District 9. It is accessible through the nearest MRTs including Orchard TE14, NS22 and Newton DT11, NS21. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, ISETAN (SINGAPORE) LIMITED?, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): Far East Plaza, Scotts Square, Pacific Plaza.
Based on transaction data in the last 12 months, the highest recorded transaction was S$ 4,247 psf in May 2008 for a 377 sqft unit for Office, S$ 10,029 psf in Dec 2023 for a 474 sqft unit for Shop. Its lowest recorded transaction was S$ 4,247 psf in May 2008 for a 377 sqft unit for Office, S$ 4,101 psf in Dec 2023 for a 312 sqft unit for Shop.
Buyers and tenants are attracted to District 9, which includes Orchard Road, River Valley and Cairnhill. This district is part of Singapore’s Central Business District and has become a must-visit spot for Singapore tourists. Spanning almost 2.2km, Orchard Road represents one of Singapore’s best retail, dining and entertainment boulevards, catering to any taste or budget and ranging from luxury brands to high street fashion. District 9 has a huge selection of exclusive cosmopolitan bistros and on the other end of the scale, a number of popular international fast food restaurants. Fronting Orchard Road, ION Orchard Mall is home to designer brands, as well as Sephora’s largest store in the area. Another major shopping mall in this district is Great World, which caters to locals, with a Cold Storage supermarket, Best Denki electrical store, and Golden Village Cinema. Cairnhill is home to the first freehold Ritz-Carlton property in Asia - the Ritz-Carlton Residence. This property sets a new standard of luxury living in Singapore as these homes feature magnificent finishings, excellent facilities and exemplary services from the legendary The Ritz-Carlton.
As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
FAR EAST PLAZA is located along Scotts Road in Orchard, in District 9. It is accessible through the nearest MRTs including Orchard TE14, NS22 and Newton DT11, NS21. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, ISETAN (SINGAPORE) LIMITED?, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): Far East Plaza, Scotts Square, Pacific Plaza.
Based on transaction data in the last 12 months, the highest recorded transaction was S$ 4,247 psf in May 2008 for a 377 sqft unit for Office, S$ 10,029 psf in Dec 2023 for a 474 sqft unit for Shop. Its lowest recorded transaction was S$ 4,247 psf in May 2008 for a 377 sqft unit for Office, S$ 4,101 psf in Dec 2023 for a 312 sqft unit for Shop.
Buyers and tenants are attracted to District 9, which includes Orchard Road, River Valley and Cairnhill. This district is part of Singapore’s Central Business District and has become a must-visit spot for Singapore tourists. Spanning almost 2.2km, Orchard Road represents one of Singapore’s best retail, dining and entertainment boulevards, catering to any taste or budget and ranging from luxury brands to high street fashion. District 9 has a huge selection of exclusive cosmopolitan bistros and on the other end of the scale, a number of popular international fast food restaurants. Fronting Orchard Road, ION Orchard Mall is home to designer brands, as well as Sephora’s largest store in the area. Another major shopping mall in this district is Great World, which caters to locals, with a Cold Storage supermarket, Best Denki electrical store, and Golden Village Cinema. Cairnhill is home to the first freehold Ritz-Carlton property in Asia - the Ritz-Carlton Residence. This property sets a new standard of luxury living in Singapore as these homes feature magnificent finishings, excellent facilities and exemplary services from the legendary The Ritz-Carlton.
As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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Nearby Amenities
Source: URA, www.edgeprop.sg
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Sales Transaction of Scotts Road
Source: URA, https://www.edgeprop.sg
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Asking Price of FAR EAST PLAZA
Source: URA, https://www.edgeprop.sg
For Sales
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Rental Transactions of Scotts Road
Source: URA, https://www.edgeprop.sg
Transactions Within 1000M In The Last 12 Months
Source: URA, https://www.edgeprop.sg
Transactions Within 1000M In The Last 12 Months (By Street)
Source: URA, https://www.edgeprop.sg
Price Comparison with Nearby Properties (UP to 10)
(Within 1000 meters)
Source: URA, https://www.edgeprop.sg
Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.
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