GSH Plaza

[headline]About GSH Plaza[/headline]

20 Cecil Street is a 99 years leasehold commercial property with a lease tenure of 99 years from 7th December 1989.

Previously known as Equity Plaza, GSH Plaza will be retrofitted entirely to be amongst the premium office building within the CBD. The facade and overall quality of the building will be improved to match the prestigious address.

This is a rare opportunity for retail investors to own a commercial office unit in Raffles Place where most of the office buildings are owned by large companies in the central CBD area.

GSH Plaza project details.

• Address : 20 Cecil Street Singapore 049705
• Developer : Plaza Ventures Pte Ltd
• Site area : Approx 23,433 sqft
• URA approved GFA : Approx 356,543 sqft
• Tenure : 99 years leasehold (from 7 Dec 1989)
• No. of office units : 259 units
• Projected unit sizes : From 450 sqft to 1,590 sqft
• Office floors : Level 3 to Level 28.  Typical clear ceiling height 2.75m.
• Main lobby : Clear ceiling height 8.4m.
• Grand driveway and drop-off point
• Carpark lots : 86 lots in 3 basements
• Indicative pricing : From $1.XX million upwards or $2,850psf to $3,500psf

Check out the video for the architectural features of GSG Plaza when it TOP.

8 Reasons Why GSH Plaza is a good investment?

• Location, Location, Location –Strategically situated on the inter junction of Church, Market and Cecil Street, and just within a one-minute walk to Raffles Place MRT station, the 28-storey GSH Plaza is well-positioned in the heart of Singapore’s financial and business district.

• Rare Opportunity to own a commercial office unit in Raffles place
  Almost all the buildings in the CBD area are owned by Reits, Developers and large MNCs that own the whole building. There are only a handful of strata titled office towers such as Clifford Centre and The Arcade with smaller sizes that can cater to retail investors.

• No Additional Buyer Stamp Duty (ABSD)
  Unlike Residential property, you need not pay additional Stamp Duty even if you currently own a property in Singapore.
  

• No Seller Stamp Duty SSD
  You do no incur Sales taxes should you decided to sell the unit immediately unlike Residential and Industrial properties in Singapore where you have to pay Sales Taxes if you sell your property within 4 and 3 years respectively.

• Foreigners eligible
  There is no restriction on foreign ownership which allows more people to invest or buy from you if you intend to sell it in future.

• Affordable units available
  With Sizes from 480 to 1700 sqft, you will be able to own a unit at a smaller quantum. Indicative prices from $1m and above.
  

• Great premium office demand in the CBD area
  Office demand in the CBD has always been healthy over the years. Coupled with a friendly business environment and continuos effort to make Singapore an ideal place to set up offices here. You will get to enjoy constant  rental returns over the years

• Great location to own your own office space
  Negotiating and relocating offices is a daunting task, have a piece of mind by owning your own office space at a great location. Various sizes to cater to your needs. No more worrying about landlord increasing rental at the end of the lease.

GSH Plaza Floor Plans

Wide range of sizes from 470sf to 10,470sf

For more enquiries about offices for Sale at 20 Cecil Street, please call +65 8180 3752 or fill up the enquiry form and we will get back to you as soon as possible. We will keep in touch with you once the developer releases more details leading to the Project launch date.

Please register your interest with us by providing us with your information and we will update you as and when there are new information regarding the launch of this project.