The Octagon

Overview

Sales

Rental

Surrounding

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Overview

Sales

Rental

Surrounding

More

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Description
The Octagon is a freehold commercial property. The development occupies a land area of 839 sqm and a Gross Floor Area of 9,394 sqm.

THE OCTAGON is located along Cecil Street in Downtown Core, in District 1. It is accessible through the nearest MRTs including Telok Ayer DT18 and Shenton Way TE19. Other nearby amenities include: 3 Grocerie(s): AP HOUSE PTE. LTD., AL MARCHE PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): Oxley Tower, Far East Square, Cross Street Exchange.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 3,033 psf in Apr 2024 for a 1,302 sqft unit for Office. Its lowest recorded transaction was S$ 3,033 psf in Apr 2024 for a 1,302 sqft unit for Office.

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.
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What they say
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3
"I was here to visit a friend of mine working here about 130pm.. it was empty on the road ..I mean you don't see much human activities Just a few here and there walking around and crossing traffic light."
C*** L** T**
Google Review     |   14 Apr 2022
5
"Good "
B**** O**
Google Review     |   05 Feb 2022
5
"Nice. Clean. Central."
D* Y*** I** H*** J**
Google Review     |   04 Jan 2021
5
"Nifty"
Å********
Google Review     |   06 Dec 2020
4
"Ok"
S S
Google Review     |   18 Nov 2020
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
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Sales Transaction of Cecil Street

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Asking Price of THE OCTAGON

Source: URA, https://www.edgeprop.sg

Listed On
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Rental Transactions of Cecil Street

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Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.

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Listings

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Property News

Freehold office space at The Octagon for sale at $32 mil

Property News

Office and retail space at the Octagon for sale at $43 mil

Property News

Three floors at The Octagon on the market for $45.5 mil

Property News

Two Freehold Strata Office Floors at The Octagon up for sale

FAQs about THE OCTAGON

What is the nearest MRT Station to THE OCTAGON ?
The nearest MRT Station from THE OCTAGON is Raffles Place EW14,NS26,DT17,DT18,TE19 MRT

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