High-floor strata office at Suntec Tower 2 up for sale
Lisa Kriwangko
A STRATA office at Suntec Tower 2 has been put up for sale via expression of interest, with an indicative price of S$37.5 million, the sole marketing agent CBRE announced on Wednesday.
Located above the 30th storey of a Grade-A tower, the high-floor office includes an exclusive lift lobby and a panoramic view of its surrounding cityscape, said CBRE.
It has a strata area of 12,281 sq ft, which amounts to about S$3,050 per square feet. The entire office floor is currently fully leased.
Clemence Lee, senior director of capital markets at CBRE, said: "We expect strong interest from investors such as boutique real-estate funds, family offices and high-net-worth individuals. As the lease is expiring by end of the year, the office floor will be also suitable for owner-occupiers seeking immediate occupation in Suntec Towers."
Both locals and foreigners are eligible to purchase the property, which is zoned "commercial" under the Urban Redevelopment Authority's 2019 Master Plan.
The expression of interest closes at 3pm on June 3.
READ MORE: What Suntec Reit's numbers say about risks in the office segment
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