Office for Sale: VisionCrest Commercial

VisionCrest Commercial is a prestigious freehold Grade A office development situated at 103 Penang Road, within Singapore’s prime District 9. Completed in 2008, this 11-storey building offers a total strata area of approximately 154,711 square feet, comprising 149,652 square feet of office space across levels 2 to 11 and 5,059 square feet of retail space on the ground floor. The property features efficient, column-free floor plates of about 14,500 square feet, full-height windows for ample natural light, and a raised flooring system. It is LEED Gold certified, reflecting its commitment to sustainability. Strategically located, VisionCrest Commercial is a five-minute walk from Dhoby Ghaut MRT Station, which serves the North-South, North-East, and Circle Lines, ensuring excellent connectivity. The building is part of a mixed-use development that includes the 265-unit VisionCrest Residence and the national monument House of Tan Yeok Nee. It boasts a 99% occupancy rate with a diverse tenant mix, including multinational corporations such as Manulife Financial Advisors and Puma SEA. Recent enhancements to the property include upgraded air-conditioning systems with MERV 8 filters and UVGI sterilizers, installation of solar panels, and improved end-of-trip facilities like shower rooms and bicycle parking. These upgrades align with the Urban Redevelopment Authority’s plans to rejuvenate the Orchard Road precinct, further enhancing the property’s appeal. For investors, VisionCrest Commercial presents a rare opportunity to acquire a freehold, institutional-grade office asset in a tightly held location. The building’s strata subdivision into 21 titles offers flexibility for future exit strategies. Call 9817.8911 now for more details.