Crown @ Robinson is a rare new freehold commercial office development expected to be completed around March 2016 brought to you by the prestigious WyWy Group. It is situated right in the heart of the Central Business District at 140 Robinson Road, formerly known as Chow House. With only 80 units for sale, this development is expected to be a sell-out as it is attractively priced from $3,5xx psf.
Sold for more than $100 million, the former Chow House, was torn down and rebuilt into a mixed retail and office building with a total of 80 offices and 6 retail shops on the ground floor. Crown @ Robinson being situated right in the Central Business District in prime District 01, enjoys close proximity to many commercial landmarks like Asia Square Tower, OUE Downtown, Marina Bay Financial Centre and future Marina One office tower.
If you are a business owner, owning a freehold office in Robinson Road will ensure that your business will not be held ransom by landlords from increasing rental operating costs.
If you are an investor, this will be a rare opportunity for you to own a freehold address in the most prime commercial district of Singapore promising attractive future potential rental revenues - providing you a continuous source of passive income for your retirement.
If you are both an investor and a business owner, well... what are you waiting for? Grab this rare opportunity now.
It will be very very rare to see new launch freehold office in Central Business District for sale in future, due to two main reasons:
(1) The Singapore government is no longer releasing freehold land for sale and
(2) Most developers prefer to rent out their office buildings rather than sell them because of good rental yield.
If you are a business owner, owning a freehold office in Robinson Road will ensure that your business will not be held ransom by landlords from increasing rental operating costs.
If you are an investor, this will be a rare opportunity for you to own a freehold address in the most prime commercial district of Singapore promising attractive future potential rental revenues - providing you a continuous source of passive income for your retirement.
If you are both an investor and a business owner, well... what are you waiting for? Grab this rare opportunity now.
It will be very very rare to see new launch freehold office in Central Business District for sale in future, due to two main reasons:
(1) The Singapore government is no longer releasing freehold land for sale and
(2) Most developers prefer to rent out their office buildings rather than sell them because of good rental yield.
Future owners, tenants and employees can enjoy great convenience of being served by 4 MRT Stations, Tanjong Pagar MRT, Telok Ayer MRT, Downtown MRT and Shenton Way MRT. For those who prefer driving, the strategic location of Crown @ Robinson is also well connected via major expressways like Central Expressway (CTE), Ayer Rajah Expressway (AYE), Marina Coastal Expressway (MCE) & East Coast Parkway (ECP).
There is also a wide variety of amenities in the surroundings like cafes, shops, banks, eateries and many others. Famous eateries like Lau Pa Sat Festival Market and Amoy Street Food Centre is only a short walk away. Following the success of Oxley Tower in the same vicinity, Crown @ Robinson will expect to see a healthy demand of interest from investors and business owners.
CROWN @ ROBINSON
Rare Coveted Asset - Strata-titled offices in the heart of Central Business District are rare in land-scarce Singapore because new stock of strata-titled commercial properties with smaller capital outlay are limited whereas most commercial buildings are held by listed companies, REITs, government link organisation and private funds. For these reasons, coupled with the authorities' measured policy to approve land uses for strata-titled commercial development and the resilient office prices due to rising demand, strata-titled office has become a coveted asset sought after by savvy investors. Crown @ Robinson is exceptionally attractive with the added advantage of being FREEHOLD.
Situated in the highly-sought after Central Business District, Crown @ Robinson is surrounded by various entertainment and shopping conveniences at China Square Central, Suntec City, Marina Bay Sand Mall, Boat Quay and Raffles City Shopping Mall. It is also a short minutes drive away to Sentosa and China town Point.
Crown @ Robinson provides ample connectivity via expressways such as Marina Coastal Expressway (MCE), East Coast Park Expressway (ECP) and Central Expressway (CTE). It also located just a few minutes walk to Tanjong Pagar MRT, Telok Ayer MRT and the upcoming Shenton Way MRT Station.
Rare Coveted Asset - Strata-titled offices in the heart of Central Business District are rare in land-scarce Singapore because new stock of strata-titled commercial properties with smaller capital outlay are limited whereas most commercial buildings are held by listed companies, REITs, government link organisation and private funds. For these reasons, coupled with the authorities' measured policy to approve land uses for strata-titled commercial development and the resilient office prices due to rising demand, strata-titled office has become a coveted asset sought after by savvy investors. Crown @ Robinson is exceptionally attractive with the added advantage of being FREEHOLD.
Situated in the highly-sought after Central Business District, Crown @ Robinson is surrounded by various entertainment and shopping conveniences at China Square Central, Suntec City, Marina Bay Sand Mall, Boat Quay and Raffles City Shopping Mall. It is also a short minutes drive away to Sentosa and China town Point.
Crown @ Robinson provides ample connectivity via expressways such as Marina Coastal Expressway (MCE), East Coast Park Expressway (ECP) and Central Expressway (CTE). It also located just a few minutes walk to Tanjong Pagar MRT, Telok Ayer MRT and the upcoming Shenton Way MRT Station.
Project Details of CROWN @ ROBINSON:
Project Name: Crown At Robinson
Location: 140 Robinson Road, Singapore 068907
Tenure: Freehold
Estimated TOP Date: March 2016
No. of Storey: 20 (swimming pool on level 6, sky terrace on level 18)
** Level 19 and 20 offices owned by developer for own use
Total No. of Units: 80 Office units
Estimated Floor Plate Size: Approximately 630 m2
Estimated Saleable Area: Office - 8 units per floor
Unit Types:
Offices: 55 sqm – 60 sqm (40 units)
86 sqm (10 units)
102 sqm – 107 sqm (30 units)
F&B and Shops: Level 1 to Level 4 (Not for Sale)
Accessible: 24 hours
No. of Lifts: 3
Floor Height: 5.0 m
Internet Access: OpenNet Ready
- 26 Mechanized Carpark Lots (Likely Season Parking)
- Swimming pool on 6th and 20th floor
- Floor to Floor of each unit is 5m
- Architect, Landscaping and Interior designing by internationally acclaimed architectural and design company Ong & Ong
- Developer is WYWY Development Pte Ltd
- 3 Lifts serving all floor and retail units
- 24 Hours access
- Theme is Art Deco (Similar to Trump Towers by Donald Trump)
- Water point is provided to all units except #08-07
- Width of corridor is minimum 1.2m
- 6 Shops on level 3 & 4 (shop units are not for sale)
- 2 F&Bs on level 1 (ground floor) (F&B units are not for sale)
Project Name: Crown At Robinson
Location: 140 Robinson Road, Singapore 068907
Tenure: Freehold
Estimated TOP Date: March 2016
No. of Storey: 20 (swimming pool on level 6, sky terrace on level 18)
** Level 19 and 20 offices owned by developer for own use
Total No. of Units: 80 Office units
Estimated Floor Plate Size: Approximately 630 m2
Estimated Saleable Area: Office - 8 units per floor
Unit Types:
Offices: 55 sqm – 60 sqm (40 units)
86 sqm (10 units)
102 sqm – 107 sqm (30 units)
F&B and Shops: Level 1 to Level 4 (Not for Sale)
Accessible: 24 hours
No. of Lifts: 3
Floor Height: 5.0 m
Internet Access: OpenNet Ready
- 26 Mechanized Carpark Lots (Likely Season Parking)
- Swimming pool on 6th and 20th floor
- Floor to Floor of each unit is 5m
- Architect, Landscaping and Interior designing by internationally acclaimed architectural and design company Ong & Ong
- Developer is WYWY Development Pte Ltd
- 3 Lifts serving all floor and retail units
- 24 Hours access
- Theme is Art Deco (Similar to Trump Towers by Donald Trump)
- Water point is provided to all units except #08-07
- Width of corridor is minimum 1.2m
- 6 Shops on level 3 & 4 (shop units are not for sale)
- 2 F&Bs on level 1 (ground floor) (F&B units are not for sale)
Crown @ Robinson - Unique Selling Points:
1. Excellent Prime CBD Location
1. Excellent Prime CBD Location
- Prominent located along Robinson Road.
- Near to upcoming Singapore tallest skyscraper, Tanjong Pagar Centre.
- Near to 3 existing hotels and upcoming 4 new hotels in future.
- Close to Tanjong Pagar MRT Station (370m or 5 mins walk)
- Close to upcoming Shenton Way and Downtown MRT Stations.
- Bus stop at its doorstep
- Car Park provided.
- Next to future Tanjong Pagar Waterfront City.
- Rejuvenate of Tanjong Pagar District in URA Master Plan.
- Foreigner eligible to buy.
- NO Additional Buyer’s Stamp Duty (ABSD)
- NO Seller’s Stamp Duty (SSD).
- Attractive financing packages available (For loans by several banks).
- Office unit sizes range from smaller units of 55 sqm (592 sqft) to larger units of 107 sqm (1,152 sqft).
- Can be sold with multi-unit or level purchase at lower price.
- Prices start from $3,5xx psf (compared to other 99 year leasehold offices in CBD selling at similar pricing psf)
- Rare freehold office in prime CBD
- Very few freehold offices for sale in CBD. Most developers rather lease out than to sell freehold offices as they can earn from better capital gains in future
- Future land sales will be only 99 year leasehold
- Rare 5 meters floor to floor ceiling height or 4.75 meters floor to ceiling per office level. Such high ceilings is really rare for offices in Singapore and will definitely provide a more comfortable working environment and usable storage space.
Extra News Articles on Commercial Office Potential in Singapore:
Bloomberg News Article Published on 5 Jan 2015 -
Singapore Office Rent to Gain Most in Four Years: Southeast Asia
http://www.bloomberg.com/news/2015-01-04/singapore-office-rent-to-gain-most-in-four-years-southeast-asia.html
Asia One Business News Article Published on 27 Oct 2014 -
Office segment shines in property scene
http://business.asiaone.com/news/office-segment-shines-property-scene
Bloomberg News Article Published on 5 Jan 2015 -
Singapore Office Rent to Gain Most in Four Years: Southeast Asia
http://www.bloomberg.com/news/2015-01-04/singapore-office-rent-to-gain-most-in-four-years-southeast-asia.html
Asia One Business News Article Published on 27 Oct 2014 -
Office segment shines in property scene
http://business.asiaone.com/news/office-segment-shines-property-scene