A pair of strata office units located on the 16th floor of Suntec Tower 1 are up for sale at a guide price of $22.04 million, or $2.980 on a psf basis. The two adjoining units, with a combined strata area of 687 sqm (approximately 7,395 sq ft), can also be purchased individually, says exclusive marketing agent Cushman & Wakefield.
A 325 sqm (3,498 sq ft) unit is on sale at a guide price of $10.43 million and a 362 sqm (3,897 sq ft) unit is on sale at a guide price of $11.61 million.
The two separate strata titles provide prospective buyers the flexibility to acquire either unit individually or as a combined offering. Currently occupied by asset manager Franklin Templeton, the units will be delivered with vacant possession. Franklin Templeton is expanding into a larger, consolidated regional headquarters within the Marina Bay and Central Business District precinct in 2H2026.
Daphne Poh, director of capital markets at Cushman & Wakefield, says: “The adjoining units feature column-free floorplates, providing flexibility for occupiers to create an efficient layout of over 50 workstations, complemented by private suites and collaborative spaces. The prominent lobby frontage also offers immediate brand exposure, ideal for professional and corporate users.”
Suntec Tower 1 forms part of Suntec City, a mixed-use integrated development within Singapore’s Downtown Core that was completed in July 1997 and refurbished in an asset enhancement programme that was completed in 2022.
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Comprising five Grade-A office towers, a flagship retail mall and one of Asia’s largest convention centres with pedestrian links to Promenade MRT Station, Esplanade MRT Station and City Hall MRT Station, the development also boasts easy access via East Coast Parkway (ECP) and Nicoll Highway.
Shaun Poh, executive director, capital markets at Cushman & Wakefield, adds: “Suntec City continues to stand out as one of the most compelling Grade-A strata office investments. URA’s restriction on new strata subdivision in key Central Area locations since 2022 has significantly limited future supply, further enhancing the investment value of Suntec offices.”
Grade-A office vacancy rates are projected to fall below 4.0% this year, notes Poh, in line with Suntec City’s robust office occupancy exceeding 95%, reinforcing the property’s strong rentability and investment resilience.
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The property is open to purchase by both local and foreign buyers, with no additional buyer’s stamp duty (ABSD) or seller’s stamp duty (SSD) applicable.
Interested parties may submit offers for the adjoining pair or individual units before the expression of interest exercise closes at 3pm on May 5.
In September 2025, Cushman & Wakefield marketed three strata office units at Suntec City at a guide price of $34.83 million. The units, which measure 2,336 sq ft, 2,928 sq ft and 4,833 sq ft, occupy an entire floor “exceeding the 30th level”.
Towers 1 through 4 at Suntec City have 45 storeys each, while the shorter Tower 5 has 18 storeys.
Suntec City’s office towers saw two transactions in July 2025: a 2,196 sq ft unit on the 39th floor fetched $8.1 million, and the entire 35th floor at Tower 1, spanning 10,097 sq ft, sold for $33.966 million.
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