Two full strata office floors in Downtown Core for sale

The collective indicative guide price for both floors is $30m.

Two full strata office floors of the leasehold 999-year TPI Building along Cecil Street are up for sale via expressions of interest.

In a statement, Cushman & Wakefield said the two floors are the top two levels of the six-storey commercial development at 62 Cecil Street.

It has an indicative guide price for both floors at $430m or $3,818 per square foot. Cushman & Wakefield said both floors are sold to one tenant.

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The property is located between Raffles Place MRT Interchange and Telok Ayer MRT Station.

Foreigners are allowed to buy the property with no additional buyer’s or seller’s stamp duty.

The deadline for the expression of interest is on 17 March 2023 at 3 pm.