*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.
PENINSULA PLAZA is located along North Bridge Road in Downtown Core, in District 6. It is accessible through the nearest MRTs including City Hall EW13, NS25 and Bras Basah CC2. Other nearby amenities include: 3 Childcare Centre(s): PAT'S SCHOOLHOUSE PTE. LTD., MINDCHAMPS PRESCHOOL @ MARINA SQUARE PTE. LTD., MINDCHAMPS PRESCHOOL @ LIANG COURT PTE. LTD., and 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, JEWISH WELFARE BOARD, SINGAPORE, THE, MEIDI-YA SINGAPORE CO (PTE) LTD, and 1 Kindergarten: Rosemary Hall Montessori Kindergarten, and 3 Shopping Mall(s): PENINSULA PLAZA, PENINSULA SHOPPING CENTRE, EXCELSIOR SHOPPING CENTRE.
Based on transaction data in the last 12 months, the highest recorded transaction was S$ 6,869 psf in Nov 2022 for a 377 sqft unit for Office, S$ 9,025 psf in Aug 2022 for a 452 sqft unit for Shop. Its lowest recorded transaction was S$ 2,049 psf in Feb 2022 for a 398 sqft unit for Office, S$ 2,023 psf in Apr 2022 for a 334 sqft unit for Shop.
Buyers and tenants are attracted to District 6, which consists of High Street, part of the Beach Road, City Hall and Clarke Quay areas. Most of the properties in this district are commercial in nature. Located within the Central Region and close to the Central Business District, District 6 is well-served by Singapore’s public transport network, with links to multiple MRT lines, namely the North-South line, East-West line, Downtown line, and North-East line. Residential land is extremely scarce in an area so close to the CBD and Downtown Core, so residential property in District 6 continue to enjoy strong demand from an upmarket crowd who wants to live, work and play within the city. Tourist attractions for both locals and tourists alike in the district include the City Hall, the Old Supreme Court, the Victoria Theatre and Concert Hall, the Asian Civilisations Museum and Parliament House. Shopping options are abundant within the district, with malls such as Raffles City and Bugis Junction. Clarke Quay also comes alive in the evening as diners frequent bars and restaurants located along the Singapore River, with wonderful views to match.
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.
Sales Transaction of North Bridge Road (Limited to 10)
Source: URA , https://www.edgeprop.sg