Savills Singapore, as the exclusive marketing agent, is pleased to offer for sale an entire office floor at GB Building, a 26-storey commercial development prominently located at 143 Cecil Street, Tanjong Pagar.
Situated on level 19, the office floor spans approximately 5,425 square feet and benefits from the exclusive use of the lift lobby. With a regular, efficient, and column-free floorplate, this high-floor office unit is well-suited to accommodate a wide range of occupiers, while offering investors a rare opportunity to secure a full-floor in Singapore’s tightly held CBD office market.
GB Building occupies a corner plot within the Tanjong Pagar submarket in the heart of Singapore’s Central Business District (CBD) and enjoys dual frontage and high traffic along Cecil Street and McCallum Street. The development is also served by three basement levels of car parking, offering a total of 105 lots via a dedicated service lane at the rear of the development.
The location offers unparalleled connectivity, with a direct sheltered linkway to Tanjong Pagar MRT and walking distance to Telok Ayer and Shenton Way MRT stations. It is also well-connected by major expressways including the Marina Coastal Expressway (MCE) and East Coast Parkway (ECP).
Ms. Yap Hui Yee, Executive Director, Investment Sales & Capital Markets at Savills Singapore, notes: “This offering presents a rare opportunity to acquire a full-floor office in one of CBD’s most dynamic precincts. At S$10.8 million, or $1,990 per square foot, level 19 at GB Building offers the smallest entry quantum for a full-floor office in the CBD, making it highly palatable to investors.”
A recent transaction at GB Building involved the sale of the ground-floor retail podium at $3,000 per square foot, amounting to a total quantum of $39.2 million. In the surrounding area, strata office developments such as 108 Robinson Road have achieved near sell-out status, with units transacting at an average of $3,915 per square foot. These benchmarks highlight the depth of investor demand for strata-titled assets, underpinned by limited availability and continued confidence in the resilience of Singapore’s office market.
“With URA restrictions limiting new strata office supply and recent full-floor transactions reflecting strong demand and improved investor sentiment, GB Building’s prestigious address, excellent connectivity, and ongoing urban transformation make it a highly compelling proposition. The Shenton Way–Tanjong Pagar precinct continues to be a premier commercial district, with robust occupancy and upcoming redevelopment poised to deliver potential rental upside,” added Ms. Yap.
The Tanjong Pagar area is currently undergoing significant transformation, supported by large-scale redevelopment and rejuvenation projects such as Keppel South Central, Solitaire on Cecil, The Skywaters, and Newport Tower. This wave of investment is reinforcing the district’s position as a key live-work-play destination within the CBD.
Zoned “Commercial”, the property is available for purchase by both foreign buyers and companies, with no Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD) payable.
The sale will be conducted via an Expression of Interest (EOI) exercise which closes on 31st October 2025.