The property at 30 Prinsep Street is a commercial building located in the Dhoby Ghaut / Bras Basah precinct. Here are the key details:
- Tenure: The building is on a 999-year leasehold.
- Location: It is situated along Prinsep Street, close to the School of the Arts (SOTA) and other amenities in the area.
- Building Details: The building is an 11-storey commercial property with a gross floor area of approximately 67,335 square feet. It was extensively refurbished in 2013 and features a full glass façade, efficient floorplates, an outdoor roof terrace on level 6, office lobby, F&B approved shop spaces on level 1, and a private parking facility with 52 lots.
- Zoning: The property is zoned for “Commercial” use with a Gross Plot Ratio of 4.2 under the URA’s Master Plan 2019.
- Market Significance: The area has undergone gentrification and is popular with multinational companies and trendy F&B establishments. The redevelopment of nearby Peace Centre and Peace Mansion is expected to further enhance the area's appeal.
This property presents a unique opportunity for investors and owner-occupiers due to its long leasehold tenure and prime location.
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