Portfolio of strata office units at Sunshine Plaza for sale at $18.4 mil
Sunshine Plaza (Picture: Savills Singapore)
SINGAPORE (EDGEPROP) - A portfolio of strata office units at Sunshine Plaza, a mixed-use development in the Bras Basah-Bugis area, is up for sale through an expression of interest (EOI) exercise. The portfolio consists of 12 office units with sizes ranging from 484 to 1,346 sq ft, with a total combined strata area of 9,805 sq ft.
Map of Sunshine Plaza (Source: EdgeProp LandLens)
The guide price of the office units starts from $932,000 onwards, with the entire portfolio having an asking price of $18.4 million.
“The portfolio of 12 units offers buyers the flexibility to purchase units according to their requirements – investors can enjoy yields from 3.5% onwards for selected tenanted units and owner-occupiers have units available for immediate occupation,” says Sophia Lim, director, investment sales and capital markets at Savills Singapore.
Sunshine Plaza is a mixed-use development located at the junction of Bencoolen Street and Middle Road, within the Ophir-Rochor Corridor. It comprises a 12-storey office tower, a retail podium and three residential blocks with 160 residential units. The development is within walking distance of five MRT stations – Bencoolen (one-minute walk), Bras Basah (three-minute walk), Rochor (seven-minute walk), Bugis (10-minute walk) and Dhoby Gaut (10-minute walk).
Sales transactions of commercial units at Sunshine Plaza (Source: EdgeProp Research)
The EOI exercise for the portfolio will close on Nov 21 at 3pm.
Check out the latest listings for Sunshine Plaza properties
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