GSH Plaza a rare strata-titled commercial offices @ Raffles Place
Pending sales approval
Strategically located on the nexus of Church, Market and Cecil Streets, and within a one-minute walk to Raffles Place MRT station, the 28-storey GSH Plaza is a 99-year leasehold Grade A intelligent office building and is well-positioned in the heart of Singapore’s financial and business district. After completing the acquisition of GSH Plaza in August 2014, the GSH-led consortium will proceed to transform the 22-year old building with major upgrades to its facade and internal layout.
GSH Plaza will be a upcoming commercial office new launch after major upgrades. In this prime CBD location there is little if not none Grade A strata-titled commercial offices sizes below 1000 sq ft. In GSH Plaza, there are 50 units below 800 sq ft sizes and other units will be between 1000 – 1200 sq ft. With the close proximity to Raffles Place MRT it will be an ideal office space for many SMEs or even MNCs. There will no lacking of tenants in this prime location. Now SMEs can own or rent a office space in GSH Plaza with ease as the sizes in GSH Plaza are small and efficient in size from 450sqft – 1590sqft and prices are from $2,850 – $3,500psf. This is a rare investment opportunity with lots of potential. More details will be releasing soon and register your interest early to get updated new on this exciting launch of GSH Plaza.
Targeted to launch in early April 2015. Sales gallery will be open from 13 March 2015. Call Keith Tan @ 97501055 to secure your place in a VVIP preview.
Key Project Information & Selling Points
- Address : 20 Cecil Street Singapore 049705
- Developer : Plaza Ventures Pte Ltd
- Site area : Approx 23,433 sqft
- URA approved GFA : Approx 356,543 sqft
- Tenure : 99 years leasehold (from 7 Dec 1989)
- No. of office units : 259 units
- Projected unit sizes : From 450 sqft to 1,590 sqft
- Office floors : Level 3 to Level 28. Typical clear ceiling height 2.75m.
- Main lobby : Clear ceiling height 8.4m.
- Grand driveway and drop-off point
- Carpark lots : 86 lots in 3 basements
- Fully sheltered access to Raffles Place MRT. Underpass connection to Prudential Tower.
- Location, Location, Location – Rare opportunity to own an office unit in prime CBD Raffles Place!!
- Grade A office Location
- No ABSD/SSD. Foreigners eligible.
- Indicative pricing : From $1.XX million upwards
There is another strata office project (along Robinson Road) which is expected to be launched soon. Let us compare the 2 projects.
Comparison between 20 Cecil Street and Robinson Road project
|20 Cecil Street
(former Equity Plaza)
|Robinson Road project|
|No. of storeys||28||19|
|Nearest MRT||Raffles Place
|Sheltered to MRT||Yes||Yes|
|Site Area||23,433 sqft||9,084 sqft|
|Approx GFA||356,543 sqft||
|No. of office units||259||80|
|Typical office floor plate||Approx 10,100 sqft||Approx 6,700 sqft|
|No. of retail units||21||6|
|No. of passenger lifts||10
(High-rise and low-rise lift zones with 5 lifts each.Certain units come with private lift lobby)
|Driveway and drop-off point||Yes||No|
(in 3 basements)
|Rental competition from nearby upcoming TOP projects||Nil||Yes
(SBF Centre and Oxley Tower)
20 Cecil Street has a superior core CBD Raffles Place location, grand main lobby and driveway, ample carparking, fully sheltered access to Raffles PlaceMRT – investors can expect a higher rental income and yield from 20 Cecil Street compared to the Robinson Road project.
Great investment opportunity to own strata office in the Heart of CBD in
NO ABSD / NO SSD
Unit Size approx. 450 to 1590 sqft
Very affordable quantum!
Covered walkway to Raffles Place MRT Station