The property enjoys three major frontages along Shenton Way, Anson Road and Maxwell Road, and is connected via an underground pedestrian link to the Tanjong Pagar Mass Rapid Transit ("MRT") Station. The predominantly office development is also easily accessible via the Ayer Rajah and Marina Coastal Expressways, making it one of the most convenient locations within the Downtown Financial District.
Asset enhancement works which include increasing the retail footprint, building a two-storey annex block measuring about 32,000 square feet to house medical suites, enhancing the main office lobby and drop-off points, and strata sale of the office spaces, commenced in phases from 1Q 2017.
The full suite of enhancement works is expected to complete progressively by 2019.
Location | 8 Shenton Way, Singapore 068811 |
Description | Office: 1 tower Retail Podium: 2 retail levels Car Park: 3 basement levels |
Tenure | 99 years, expiring on 18 July 2081 |
Effective Interest (%) |
31.2 |
Valuation (S$) |
1,247,000,000 |
Land Area (sq ft) |
118,230 |
Gross Floor Area (sq ft) |
1,029,306 |
Net Lettable Area (sq ft) |
Retail: 60,773 Medical: 26,565 Office: 680,020 Total: 767,3581 |
Operational | Operational with enhancement words in progress |
Anchor/Major Tenants | AXA Insurance, BOC Aviation, Red Hat Asia Pacific, Lazada South East Asia |