27 strata office units at Cecil Street for sale at $100 mil

By
/ EdgeProp Singapore
|
October 13, 2020 9:03 PM SGT
SINGAPORE (EDGEPROP) - A total of 27 strata office units, on levels 4, 5, 9 and 17 at 20 Cecil Street, are for sale at a guide price of $100 million, or $3,143 psf on strata area.
 20 Cecil Street -EDGEPROP SINGAPORE
20 Cecil Street (Credit: PropNex; Savills)
If the units are purchased individually, the individual unit price starts from $2.35 million, says PropNex Singapore and Savills Singapore, which are jointly marketing the properties.
The portfolio of office units has a total strata area of about 31,979 sq ft, with individual strata units ranging from 786 sq ft to 2,303 sq ft.
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“The strata units at 20 Cecil Street present a rare investment opportunity for investors looking to buy Grade-A offices within the 600-1,300 sq ft range. It is not often that you can find individual Grade-A strata offices for sale within the CBD, let alone units of this size,” says Navin Bafna, associate division director of PropNex Realty.
20 Cecil Street is located at the junction of Cecil Street and Church Street. It is within walking proximity to Raffles Place MRT Interchange Station on the North-South and East-West Lines, and Telok Ayer MRT Station on the Downtown Line.
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