Top Five Best Business Commercial Property For Sale SingaporeIncluding New Property Launches
NO Additional Buyer Stamp Duty (ABSD) for Commercial Properties
Not Affected by COOLING MEASURES
LIMITED strata titled properties
FOREIGNERS welcome to invest
Property Investment
Many potential local and foreign buyers have approached us on which property investments are the best to consider and purchase. While there are many good residential properties for investment, many are keen to explore the commercial properties available for sale, directly from the developers. Commercial properties are known for higher rental yield and all would want to avoid paying the Additional Buyer Stamp Duty (for residential only).
Without much ado, the best five current commercial property investments available today, are as follows:
NEW LAUNCH COMMERCIAL OFFICE SPACES FOR SALE
Location
- Iconic landmark in the Civic District
- Sophia Road, within Central Area, District 9
- Iconic landmark in the Civic District
- Short walking distance to 4 MRT Stations
- Few minutes drive to the Central Business District
One Sophia Design and Concept
- Mixed-use development with office, retail and residence
- Vision of a ‘magical carpet’ design element
- 122 office space over 11 storeys for sale
- Ideal size for most types of organisation from 721 sqft
- Rare floor plate of 14,200 sqft
- Prominent and impressive sheltered drop off lobby for commercial office building
- Impressive and futuristic lobby
- State-of-the-art biometric security system
- Outdoor communal gardens at some levels
- Individual Air-Conditioning on each floor
Tenure
99 year leasehold
Prices
In Singapore Dollars
From S$3,5xxx,xxx - PSF from S$3,1xx
Sizes
Individual units from From 1,119 sqft (103 sqm) to 4.533 sqft (423 sqm)
Whole Floor around 14,200 sqft
Status
Under-construction, estimated completion in 2029
Why One Sophia?
- Convenient for employees and patrons
- Ideal size for most types of organisations, small and large
- New Launch, able to choose best units, able to buy adjoining units
- Valuation match by banks
FREEHOLD B1 INDUSTRIAL UNITS FOR SALE
Tenure: Freehold
For Sale: Individual Production Units
Type: Premium High Specs and modern
Status: Under-construction, estimated completion in 2026
Connectivity: Central Singapore, very strategic for B1 industrial building
Sizes: From 1,733 sqft (161 sqm)
Price: From S$2,6xx,xxx - PSF from S$1,4xx
Features: Full height glass wall facade, bright with natural light, modern and spacious lift lobby, 6.3 floor to floor ceiling height and yet air space is not included in the price, each unit comes with toilet facilities.
Why?: Possibly the only B1 industrial building with full length glaze window, new launch enable to choose the best units and to combine adjoining units, freehold vs most new current industrial sites of only 30 years
FREEHOLD PREMIUM OFFICE WHOLE FLOOR IN CBD FOR SALE
Location
- In the heart of Central Business District, core city, a prime location
- Close proximity to 3 MRT Stations: Tanjong Pagar MRT, Telok Ayer MRT and Shenton Way MRT
- Well connected via Central Expressway (CTE), Marina Coastal Expressway (MCE) and East Coast Parkway (ECP)
- Surrounded by an abundance of F&B and entertainment outlets
108 Robinson Design and Concept
- Freehold allowing for substantial capital appreciation (note freehold strata offices only make up 3.7% of Singapore total office stock)
- Premium graded strata office floors for sale
- Exquisite design with modern full glass facade
- State-of-the-art sustainability features such as solar paneling, new air filtration systems
- BCA Green Mark Platium
- Large floor plate increasing flexibility, efficient use of space and able to command higher rental rates
- Subdivision of commercial properties in central area is not allowed
- This is one of the few premium office floors available for sale in the CBD
- No restrictions to Foreigners
Tenure
Freehold
Prices
In Singapore Dollars
From S$16,2xx,xxx - PSF from S$3,7xx
Sizes
Whole Floor around 4,7xx sqft (44x sqm)
Status
Completed, Able to view actual unit
Why 108 Robinson?
- Freehold is rare
- Great opportunity to own an office in the heart of Central Business District at the core city
- Convenient for employees, clients and patrons
- Many sustainability features
- Distinctive with modern glass facade
CT FoodNex
Address: Mandai Road, at Mandai Food Zone
Tenure: Freehold
For Sale: Food Factory
Type: High Specs, ready for Central Kitchen, Food Processing and Cold Room
Status: Under-construction, estimated completion in Q1 2025
Connectivity: via KPE, SLE, KJE. Near to Woodlands and Causeway
Sizes: From 1,690 sqft (157 sqm)
Price: From S$2,.5xxx,xxx - PSF from S$1,5xx
Features: Special design with food factory high specs, Ramp up, 40 footer on ground floor, 20 footer for level 2 to 4
Why?: Freehold is rare, One of few high specs food factory that you can buy, prominent from the main road, easier access than other neighbouring factories
FREEHOLD GRADE A OFFICE WHOLE FLOOR IN ORCHARD FOR SALE
Location
- Prestigious and strategic location within Orchard
- Short walking distance to 2 MRT Stations
- 6-minute drive to the Central Business District
- Located within the prestigious Istana Enclave
- Benefits from Orchard Road Rejuvenation
VisionCrest Orchard Design and Concept
- A Timeless Gem for a Lasting Legacy
- Rare Freehold tenure
- Even rarer for Grade A Office Buildings
- LEED Gold certified by the US Green Building Council
- Classic Full Glass Wall Curtain facade
- Impressive and grand Lobby
- Unmatched comfort with a Sheltered Car Drop-off Point
- Technology-enabled building with Smart Office Automation
- Access to VisionCrest Residential Condo facilities
- Impressive 4.3m High floor-to-floor height
- Individual Air-Conditioning on each floor
- Sanitary and Pantry facilities on each floor
- Spacious floor sizes ranging from 14,359 Sqft (1,334 sqm) to 14,844 Sqft (1,379 sqm)
Tenure
Freehold
Prices
In Singapore Dollars:
Office Whole Floor:
From S$58,6xx,xxx
PSF around S$4,XXX psf
Sizes
Whole Floor around 14,359 sqft (1,344 sqm)
Status
Completed, Able to view actual units
Why VisionCrest Orchard?
- Rare timeless gem for lasting legacy
- Possibly the only freehold grade A office floor that you can buy in Orchard
- LEED Gold Certified
- Able to benefit from Orchard Rejuvenation
Top 5 Reasons to Consider Commercial Properties in Singapore
1. Singapore is a great place for investment.
The world is in a constant state of conflict and there is much chaos in major economies. In Singapore, the government has been tweaking the properties cooling measures to ensure there is no property bubble and the increase in property prices has been steady. Investors have been enjoying a fairly good return on investment.
Some major factors to consider investment in Singapore properties include:
- The Singapore Dollar is one of the only four currencies that appreciate against the US Dollar.
- The country continually attracts many notable high net worth executives,
- it has low political risks
- It is well known to be a safe haven for assets
2. Avoidance of Residential Property Taxes
Savvy investors know that one of the best investment is to get a Property. One of the most notorious Cooling Measures is the implementation of Additional Seller Stamp Duty (ABSD) which applies to the following group of buyers for residential properties (based on Cooling Measures in April 2023):
- Singaporeans: second home property at 20%; third and subsequent residential property purchases at 30%
- Singapore Permanent Residents (PRs): The first purchase will be 5% while second is 30% and subsequent purchases will be 35%
- For foreigners: a flat rate of 60% for any residential property purchase
- For entities (companies or associations): 65% ABSD for every residential property
Thus to avoid ABSD, many investors are looking into commercial property investment which does not have ABSD.
3. Future Tenure of Industrial Land
In 2012, The Ministry of Trade and Industry (MTI) in an effort to make the industrial property more affordable, announced that more sites with shorter tenure and smaller sites will be released. As a result, the Industrial Government Land Sales (IGLS) is capping the maximum tenure to 30 years, instead of 60-year lease previously.
The five best investments mentioned above are at least 99-year leasehold. In fact, 4 of the recommended commercial properties are FREEHOLD, a tenure which is rarer.
4. Rare Gems Among The Commercial Properties
The supply of some types of commercial properties available for sale to investors is indeed low. There are 3 instances:
- FREEHOLD TENURE. Freehold land in Singapore very limited and it is getting scared. In fact, freehold land open to foreigners’ purchase is indeed low on a global basis. Two of the recommended properties which have freehold tenures are 108 Robinson, Space 18 and Visioncrest Orchard
- GRADE A OFFICE UNITS. While there are no international ratings for grading office building, many investors recognized certain buildings to be obviously Grade A. Factors such as impressive secured lobby and foyer, the touch and feel and high-quality finishings are just some factors. Getting a Grade A Office Space in the Downtown Financial Hub of Singapore is difficult. Today, the opportunity is opened to investors at 108 Robinson
- FOOD FACTORY. There are many restrictions in massive food production in Singapore and food factories can only be found in Food Zones. For those who understand or can relate to the food business, the CT Foodnex food factory would be an ideal choice.
5. Cost of Land, Materials and Labour Going Up
Looking at the trend of land prices, the next high cost is always higher than the previous land cost. With land scarce in Singapore, this cannot be avoided. At the same time, the government has been tweaking the property cooling measure to ensure that there is no property bubble and has been slowing down the rate of increase.
With increasing inflation, the cost of materials and labor are threatening to go up rapidly. In the near future, developers would have to increase the prices of properties in order to continue to be in the business.
There are some star buys in each of the recommended properties, do contact us to catch them.
Have a Chat With Us
CosySingapore Consultants
Commercial Properties Singapore
8.00 am to 10.00 pm
Hotline: +65 6100 8123
Email: CosySingapore@gmail.com
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