High-floor office unit in GB Building at Tanjong Pagar up for sale at S$10.8 million

[SINGAPORE] An entire office floor unit at a 26-storey commercial development located at 143 Cecil Street, Tanjong Pagar, has been put up for sale at S$10.8 million, or S$1,990 per square foot (sq ft), said marketing agent Savills Singapore on Friday (Oct 3).

Situated on Level 19 of GB Building, it spans around 5,425 sq ft and has exclusive use of the lift lobby.

The unit is “commercial” zoned, and available for purchase by both foreign buyers and companies, with no Additional Buyer’s Stamp Duty or Seller’s Stamp Duty payable.

The building occupies a corner plot within the Tanjong Pagar submarket in Singapore’s Central Business District, and has dual frontage along Cecil Street and McCallum Street.

It is also served by three basement levels of car parking, and offers a total of 105 lots via a dedicated service lane at the rear of the development.

GB Building has a direct sheltered linkway to Tanjong Pagar MRT and walking distance to Telok Ayer and Shenton Way MRT stations.

Yap Hui Yee, executive director of investment sales and capital markets at Savills Singapore, said this offering has “the smallest entry quantum for a full-floor office in the CBD”.

A recent transaction at GB Building involved the sale of the ground-floor retail podium at S$3,000 per sq ft, amounting to a total quantum of S$39.2 million.

Strata office developments in the surrounding area such as 108 Robinson Road have reportedly achieved “near sell-out status” as well, noted Savills Singapore, with units transacting at an average of S$3,915 per sq ft.

SEE ALSO

Spanish-turned-Singaporean tycoon sells six shophouses in Stanley Street for S$82.4 million

Yap said recent full-floor transactions reflect strong demand and improved investor sentiment, especially as Urban Redevelopment Authority restrictions are limiting new strata office supply.

The Tanjong Pagar area is undergoing significant transformation, supported by large-scale redevelopment and rejuvenation projects such as Keppel South Central, Solitaire on Cecil and The Skywaters. It is intended to reinforce the district’s position as a key “live-work-play” destination within the CBD.

The sale will be conducted via an expression of interest exercise which closes on Oct 31, 2025.