Built in the 1970s, Sultan Plaza sits on 52,471 sq ft of prime land zoned for commercial use. It lies between Beach Road and North Bridge Road, near the Kampong Glam conservation enclave, with three MRT stations across three lines within 750m of the plot. Also close by are Duo Residences and South Beach, as well as the iconic Golden Mile Complex.
The 16-unit Newton Lodge is near the Novena commercial cluster. JLL noted that developments are under way in the area to transform it into Singapore's largest healthcare hub, Health City Novena, by 2030.
Ascott Raffles Place, a 20-storey conserved building with 146 serviced apartments, is at 2 Finlayson Green. It accounted for 3 per cent of Ascott Reit's gross profit for the nine months ended Sept 30 last year.
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