Prudential Tower

One Tree Partners foresaw a recovery in the Singapore property market and prime office rents in the second half of 2017. This led to our acquisition of 17 strata units at Prudential Tower for S$206.59 million in January 2017.

Prudential Tower is a Grade-A landmark office tower in the heart of Singapore’s Central Business District, located in Raffles Place at the corner of Cecil and Church Street. Adjacent office buildings include CapitaGreen, Capital Square, GSH Plaza and Republic Plaza.

To learn more about Prudential Tower, please visit prudentialtower.com.sg

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LIAN BENG-LED CONSORTIUM IN S$207M DEAL TO SELL 79,500 SQ FT SPACE AT PRUDENTIAL TOWER

21 January 2017, Saturday

A CONSORTIUM led by Lian Beng Group is selling 17 strata office units at Prudential Tower for S$206.59 million. This works out to S$2,600 per square foot based on the strata area of 79,459 sq ft. Prudential Tower is on a site with a balance lease term of 78 years.

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Office market deals pick up

13 May 2017, Saturday

In the first four months of 2017, $3.39 billion worth of office deals were transacted. They include deals valued above $100 million, ranging from the sale of substantial strata space to stakes in a building or an entire building.

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