D1 Core Commercial Asset
• Located within the D1 Upper Circular Road conservation area
• Main road frontage, directly facing Hong Lim Park
• Rare full-building CBD commercial asset with open park views
• Two adjoining 5-storey commercial shophouses
• Lift access to all floors
• Regular floor plates with rooftop terrace
• Fully upgraded with comprehensive A&A works completed
• Rear 5th-floor extension plus mezzanine optimisation
• Updated M&E systems, offering a user experience close to a new commercial building
• URA Master Plan 2019
• Zoning: Commercial
• Plot ratio: 4.2
• Land area: approx. 3,208 sqft
• Gross floor area (GFA): approx. 13,472 sqft
• 99-year leasehold, lease topped up
• Fresh term starting from 2024
• Commercial use
• Eligible for ownership by foreigners / companies / family offices
• Suitable for long-term asset allocation / corporate headquarters / capital preservation
• Guide price: S$45 million
• Approx. S$3,340 psf on GFA
Location & Connectivity
• Approx. 5 minutes’ walk to multiple MRT stations, including Clarke Quay, Raffles Place Interchange (East-West and North-South Lines), and Chinatown Interchange
• Close to the Singapore River, Boat Quay, and Raffles Place
• Prominent CBD position with direct park frontage facing Hong Lim Park
Investment Rationale
A rare combination of D1 core location, fresh 99-year lease, direct park frontage, commercial zoning, and full-building scale. This is a long-term CBD core commercial hold suited for asset preservation, strategic occupancy, or headquarters use, rather than an asset positioned purely for short-term high-yield play.
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