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111 Somerset

111 Somerset is a prime integrated development, comprising two premium grade office towers - Somerset Tower and Devonshire Tower - and a four-storey retail podium with medical suites, strategically located within the renowned Orchard Road precinct. The property also has sheltered access to the Somerset Mass Rapid Transit Station serving the North-South Line and enjoys two prominent frontages along Somerset Road and Devonshire Road which provide dual drop-off and access to the development.

The immediate Orchard Road precinct is Singapore's main shopping and entertainment belt, comprising predominantly shopping complexes, serviced apartments, hotels and office buildings. The development is also well-supported by a strong residential catchment from the affluent Devonshire and River Valley areas.

111 Somerset Asset enhancement works are currently underway. Upon completion in 2019, the property will see an increase in the net lettable area of the retail podium, and the incorporation of 32,000 sq ft of medical suites and refurbishment of its office lobbies.

Currently, the completed retail podium is anchored by the supermarket NTUC Fairprice Finest, and hosts a plethora of food and beverage outlets.

Property Information


Location 111 Somerset Road, Singapore 238164
Description Office: 2 towers

Retail Podium: 2 retail levels

Car Park: 2 basement levels
Tenure 99 years, expiring on 18 February 2074
Effective Interest
(%)
30
Valuation
(S$)
988,000,000
Land Area
(sq ft)
109,421
Gross Floor Area
(sq ft)
766,549
Net Lettable Area
(sq ft)
Retail: 96,510
Office & Medical: 463,756
Total: 560,2661
Operational Operational with enhancement words in progress
Anchor/Major Tenants Worley Parsons,
Parkway Group Healthcare,
Gucci Singapore Pte Ltd,
Kering South East Asia Pte Ltd
Website www.111somerset.com.sg
Notes:
  1. Excluding storage areas and strata office units handed over to purchaser as at 31 December 2017.

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