Southbank

Southbank is a leasehold (99 yrs from 2006) commercial property. The development occupies a land area of 3,850 sqm and a Gross Floor Area of 9,836 sqm.

SOUTHBANK is located along North Bridge Road in Kallang, in District 7. It is accessible through the nearest MRTs including Lavender EW11 and Nicoll Highway CC5. Other nearby amenities include: 3 Childcare Centre(s): MY FIRST SKOOL, MY FIRST SKOOL, ENFANT EDUCARE PTE LTD, and 3 Grocerie(s): MAHOTA FOOD PTE. LTD., LOH NYEN YIU, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Kindergarten(s): PCF SPARKLETOTS PRESCHOOL @ KAMPONG GLAM Blk 462 (KN), PCF Kampong Glam Blk 462, PCF Jalan Besar Blk 806, and 3 Shopping Mall(s): THE CONCOURSE SHOPPING MALL, GOLDEN LANDMARK SHOPPING COMPLEX, EMINENT PLAZA.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 2,052 psf in May 2023 for a 463 sqft unit for Office, S$ 3,151 psf in Aug 2023 for a 161 sqft unit for Shop. Its lowest recorded transaction was S$ 1,775 psf in Oct 2022 for a 603 sqft unit for Office, S$ 1,852 psf in Aug 2023 for a 1,593 sqft unit for Shop.

Buyers and tenants are attracted to District 7, which consists of Beach Road, Bugis, the Golden Mile, Middle Road and Rochor areas. Most of the properties in this district are commercial properties with a small selection of residential properties. Home buyers looking for Bugis properties can choose from a small selection of HDB flats off Middle Road, at Bras Basah Complex and at Rochor Centre. The private residential properties at Bugis are similarly scarce, with projects such as Duo Residences and Midtown Modern witnessing strong demand. Shopping and dining options abound in District 7, with many malls in the area including Bugis Junction and Bugis+. Many hotels such as the Intercontinental Singapore, Carlton Hotel and Raffles Hotel are located within the district or in close proximity to cater to tourists visiting the region.

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.