Plus

Plus is a leasehold (99 yrs from 1989) commercial property..

PLUS is located along CECIL STREET in Downtown Core, in District 1. It is accessible through the nearest MRTs including Raffles Place NS26, EW14 and Telok Ayer DT18. Other nearby amenities include: 3 Grocerie(s): AL MARCHE PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, AP HOUSE PTE. LTD., and 3 Shopping Mall(s): One Raffles Place, CIMB Plaza, Far East Square.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 3,400 psf in Dec 2023 for a 2,174 sqft unit for Office, S$ 4,900 psf in Feb 2024 for a 818 sqft unit for Shop. Its lowest recorded transaction was S$ 2,779 psf in Nov 2024 for a 1,259 sqft unit for Office, S$ 4,804 psf in Feb 2024 for a 549 sqft unit for Shop.

Buyers and tenants are attracted to District 1, which covers areas such as Cecil, Raffles Place, Marina, People’s Park and Boat Quay. District 1 is home to the largest financial hub in Singapore, spanning from Raffles Place to Marina Bay, an area built on reclaimed land. Dubbed the “Wall Street” of Singapore, Raffles Place and Marina Bay have the highest concentration of Grade A offices - highly sought-after by financial institutions and professional service firms. Apart from business activities, District 1 is also a popular destination for recreational activities and tourism. Situated right next to the Central Business District is Boat Quay positioned at the mouth of the Singapore River. Once the busiest quay in Singapore, Boat Quay has transformed into a popular hang-out place for food and drinks, featuring an eclectic mix of high-end restaurants, alfresco dining and bars. Comprised of high-end developments, houses in District 1 are highly popular amongst both local and foreign home-buyers.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.