PLUS is a 28-storey prime Grade A office tower that features a retail podium on the first two levels. Located in the heart of Raffles Place, features a curved-glass façade, high-quality finish and large floor plates.
KEY INVESTMENT HIGHLIGHTS:
⦁ Sale Opportunity in Prime CBD - a unique opportunity to acquire strata-titled office units in one of Singapore’s most tightly held commercial precincts, a prominent Grade A building within the Core Central Business District.
⦁ Prestigious Address with Dual Frontage - Strategically located at 20 Cecil Street, the property enjoys high visibility with dual frontage along Cecil Street and Church Street. This coveted address enhances corporate branding while ensuring accessibility and prominence.
⦁ High-Quality Asset with Recent AEI - The building has undergone substantial Asset Enhancement Initiatives (AEI) in recent years, with upgraded lift lobbies, restrooms, and common areas. End-of-trip facilities available for sustainable commutes. These works have modernised the asset and enhanced its appeal to both multinational tenants and owner-occupiers.
⦁ Strong Tenant Demand & Owner-Occupier Appeal - Office space in the CBD continues to see healthy take-up from professional firms, financial services, fintech, and family offices. The availability of strata-titled space is extremely limited, offering a strategic solution for owner-occupiers seeking long-term control of their premises in a premium location.
⦁ Excellent Connectivity and Walkability - directly linked to Raffles Place MRT Interchange via a sheltered walkway and is within a short stroll of Telok Ayer and Downtown MRT stations, offering unrivalled commuter convenience. It also connects to an underground pedestrian network that spans across the district.
⦁ Low Transaction Costs - No Additional Buyer’s Stamp Duty, No Seller’s Stamp Duty, Foreigners / Companies eligible to purchase.
⦁ Ideal for Investors and Owner Occupiers - Mixture of both tenanted and vacant units
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