Three Strata Office Floors In Suntec Priced From $135M

A portfolio comprising three full office floors at Suntec Tower 1 and Tower 2 is on the market at the guide price of $135 million. The Grade A office spaces span a total strata area of 40,300 sq ft and are fully occupied. The guide price translates to $3,350 psf on the strata area.

The office units in this portfolio comprise the entire 27th floor in Tower 1, as well as the entire 12th and 13th floors in Tower 2. There are five individual strata titles, ranging from 3,498 to 14,273 sq ft.

The units may be purchased individually or on a portfolio basis, and the transaction will be conducted through an Expression of Interest (EOI) exercise, says Savills Singapore, the exclusive marketing agent.

Based on the rent for these units and the guide price, Savills estimates that the new owner could reap a rental yield of about 4%. The sale is also open to foreigners and companies, without incurring additional buyer’s stamp duty (ABSD) or seller’s stamp duty (SSD).

“Fully leased strata office floors with stable income streams remain highly sought after, particularly among investors seeking yield visibility and flexibility in ownership,” says Yap Hui Yee, executive director, Investment Sales & Capital Markets, at Savills Singapore.

She adds that Suntec City’s established tenant base and central location support the resilient demand for quality strata offices. Singapore’s reputation as a stable and transparent market also supports demand for well-located commercial assets among regional and international investors.

Suntec City is a landmark integrated development with five Grade A office towers, one of the largest retail malls in Singapore, and a convention & exhibition centre. The office towers completed extensive asset enhancement works in 2022 that upgraded the entrance lobbies, reception areas, lift lobbies, and common facilities.

Suntec is also linked to three MRT stations – Esplanade, Promenade and City Hall – which connect the area to four MRT lines, namely, the North-South, East-West, Downtown, and Circle Lines.

In 2025, three full office floors were transacted at prices ranging from $3,200 to $3,364 per square foot (psf). In January 2026, a strata office unit also changed hands for S$3,897 psf, based on caveats.

Last month, a pair of adjoining strata office units on the 16th floor of Tower 1 was listed for $22.04 million. The combined guide price translates to $2,980 psf on the strata area, and is marketed by Cushman & Wakefield.

In recent years, some Grade A offices in the Suntec vicinity have also seen changes in ownership.

KEY SALES TRANSACTIONS 1Q 2026

Despite global uncertainties demand for Grade A offices continues to hold steady, with a limited pipeline supply of new Grade A offices in Singapore expected to underpin rents in the Central Business District. New CBD Grade A completions are expected to average just 400,000 sq ft between 2026-2027, below the 10-year net demand of 900,000 sq ft.

In 1Q2026, vacancy rates for CBD Grade A offices fell slightly to 4.1% from 4.4% in 4Q 2025,  while office rents rose 1.4% q-o-q in 1Q 2026, attributed to tightened supply and sustained flight-to-quality demand landscape.

For office units in Suntec, their appeal is also heightened since they are also strata units. New strata-titled office units in the Central Region are unlikely, given restrictions on strata division of commercial properties introduced by URA in 2022. 

The EOI for the sale of the three office floors at Suntec will close on May 15.