1. About GSH Plaza
Developer: Plaza Ventures Pte Ltd (Consortium of GSH Corporation Ltd, TYJ Group, Vibrant Group and DB2 Land)
Location/ Address : 20 Cecil Street
Tenure Leasehold 99 years (7 Dec 1989)
Targeted Date of T.O.P : Dec 2016
Description 28-storey Raffles Place strata commercial development
Site Area 2,177 sqm (approx 23,433 sqft)
Gross Floor Area 33,123.64 sqm (approx 356,543 sqft)
The 28-storey GSH Plaza, nestled in the heart of Singapore’s Central Business District, has a total of 259 strata office units. It also has 2 floors of retail space for 8 shops and 13 food & beverage outlets.
Strategically placed at the junction of Church Street and Cecil Street, the Grade-A GSH Plaza is just a couple of minutes walk from Raffles Place MRT station and within easy reach of Telok Ayer MRT station, thereby connecting commuters to the East-West, North-South, Downtown and the future Thomson-East Coast MRT lines. It is also accessible to major expressways such as the Marina Coastal Expressway nearby. Being in the vicinity of luxury residences and a myriad of dining, entertainment, hopping and leisure hotspots, GSH Plaza reinforces the contemporary trend of work and play in urban living.
The strata office units for sale will range from 480 square feet to 1,700 square feet with an average price tag of between S$2,850 to S$3,500 per square foot, depending on the size of theunit and the floor that it is located on.
Unique Selling Point GSH Plaza
Strategically located at the junction of Church, Market and Cecil Streets – Grade A office location
•Prominent and highly visible from street level
•Highly Prestigious address
•High quality office specifications
•Minutes’ walk from Raffles Place MRT – Fully Sheltered!
•Many nearby amenities such as Golden Shoe Food Centre, One Raffles Place shopping mall, The Arcade, Kopitiam at Clifford Centre and various banking facilities
No ABSD (Additional Buyer’s Stamp Duty)
•No SSD (Seller’s Stamp Duty)
•Operating company – No TDSR (Total Debt Servicing Ratio)
•Very attractive rental yield for investors and potential capital appreciation
•Very rare opportunity to own an office space in a first-class location
Right in the heart of CBD
20 Cecil Street will be served by 5 MRT stations – Raffles Place, Telok Ayer, Downtown, Chinatown and Marina Bay. Connected to 5 different MRT lines
- East – West Line
- North – South Line
- Downtown Line
- North – East Line
- Circle Line
- Thomson-East Coast Line (future)