Suntec City Office for Sale
At a Glance
This 3,928 sqft Suntec City office for sale is a strata-titled Grade A office in Marina Centre. It is currently configured as three self-contained tenanted units, giving an investor more than one rental income source rather than relying on a single occupier.
Details of This Office
The office benefits from full-height windows, natural light and an efficient layout within an established integrated commercial development. Suntec City combines office towers, retail, dining and convention facilities, making it convenient for occupiers, staff and visitors.
The office towers are on a 99-year leasehold tenure from 1989. Before making an offer, buyers should review the tenancy schedule, lease expiry dates, rental terms, service charges, property tax, GST treatment and any requirements for future reconfiguration.
Location & Connectivity
Suntec City is served by Promenade MRT (DT15/CC4) and Esplanade MRT (CC3), with convenient access to Marina Centre, the CBD and surrounding commercial districts. Suntec City Mall and Marina Square provide extensive dining, retail and everyday amenities nearby.
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Why This Suntec City Office May Appeal to Buyers
Income from 3 tenancies
The current subdivision spreads tenancy across three units rather than relying on a single occupier.
Flexible future use
The configuration can be reviewed in future, subject to tenancy, building and regulatory requirements.
Integrated Grade A location
Offices, retail, dining and convention facilities sit within the established Suntec City complex.
MRT connectivity
Promenade and Esplanade MRT stations serve the Marina Centre precinct.
Location & Building Information
Train Stations
Promenade (DT15/CC4)
Esplanade (CC3)
Food & Amenities
Suntec City Mall
Marina Square
Carpark
Basement parking within Suntec City
Approved Use
Office. Other uses subject to approval.
Address
Temasek Boulevard
District D1 – Marina Centre
Frequently Asked Questions
Is the Suntec City office currently tenanted?
Yes. The 3,928 sq ft office has been subdivided into three separate units, with each space occupied by a different tenant. This allows the owner to receive rental income from more than one source rather than relying on a single occupier.
Why can having three tenants be safer for the owner?
Having three tenants helps spread the rental risk. If one tenant leaves, the other two units may continue generating income while a replacement tenant is being secured. The smaller unit sizes may also appeal to a wider range of businesses, although the owner will need to manage three leases instead of one.
Should buyers be concerned about the age of Suntec City?
The age of a building should be considered, but it is only one part of the assessment. Buyers should also look at the building’s maintenance, management, upgrading works, location and continued demand from tenants. Suntec City remains a major integrated commercial development, but buyers should still review the condition of the unit and any expected maintenance costs before purchasing.
Why are mixed developments gaining popularity?
Integrated developments can be convenient for occupiers because offices, dining, retail, services and transport are concentrated in one location. Buyers should still assess each property on its own income, price and lease fundamentals.
What makes Suntec City offices stand out?
Besides being a landmark integrated development with offices, retail, and convention facilities, its connectivity is also a plus point for the occupiers. It is also home to many multinational companies.
Is Suntec City well-connected by MRT?
Yes. Promenade MRT (DT15/CC4) and Esplanade MRT (CC3) serve the Suntec City precinct, providing access to the Downtown and Circle lines.
How do Suntec offices perform in terms of capital growth?
Past transactions can provide context, but future capital growth is not guaranteed. Performance depends on entry price, remaining lease, rental demand, interest rates, office supply and the condition of the specific strata unit.
Can I get a refund for GST payment for my purchase?
GST-registered buyers may be able to claim GST incurred on the purchase of a non-residential property if the conditions for claiming input tax are met. Buyers should confirm their specific tax position with IRAS or their tax adviser.
Is ABSD payable on a commercial property purchase?
ABSD applies to residential property. A solely non-residential commercial office is generally not subject to ABSD, although Buyer’s Stamp Duty and other transaction costs may still apply.
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