Manhattan House
151 Chin Swee Road, Alexandra / Commonwealth
S$ 3,600,000
Starting From
3,337
sqft
S$ 1,078.81
psf
640 m (8 mins) from NE4 Chinatown MRT Station
970 m (12 mins) from TE17 Outram Park MRT Station
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Property details
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About this property
Large Office Space in Chinatown for Sale & Leaseback, Immediate Yield
SALE AND LEASEBACK OPPORTUNITY | LARGE OFFICE IN CHINATOWN
Looking for a large, central office with immediate income potential?
This 3,337 sqft office space at Manhattan House presents a rare sale and leaseback opportunity for investors seeking both rental income and En bloc potential.
KEY INVESTMENT HIGHLIGHTS
• 3,337 sqft of spacious office accommodation
• Located in the established Chinatown / Outram precinct
• Existing owner is prepared to lease back the premises at $13,500 per month
• Proposed leaseback: 3 + 2 years
• Approx. 4.63% gross rental yield based on the asking price
• Newly renovated approximately 3 years ago
• Fitted office space, allowing the premises to be used with minimal additional works
• Sale and leaseback structure provides an opportunity to secure an occupier from completion
WHY MANHATTAN HOUSE?
Positioned in the heart of Chinatown, Manhattan House offers convenient access to Chinatown MRT and Outram Park MRT, with the CBD, Tanjong Pagar and the wider city-fringe commercial belt within easy reach.
The building is an established commercial development with a wide range of office and business uses, making larger strata office units such as this relatively uncommon.
This provides investors with a combination of:
Immediate income potential
+
Central location
+
Large office floor plate
+
Existing fitted space
+
Longer-term collective sale optionality
A compelling opportunity for investors looking for a sizeable commercial asset in a central location with a proposed leaseback arrangement.
Contact us for the full details, financial analysis and viewing arrangement.
Looking for a large, central office with immediate income potential?
This 3,337 sqft office space at Manhattan House presents a rare sale and leaseback opportunity for investors seeking both rental income and En bloc potential.
KEY INVESTMENT HIGHLIGHTS
• 3,337 sqft of spacious office accommodation
• Located in the established Chinatown / Outram precinct
• Existing owner is prepared to lease back the premises at $13,500 per month
• Proposed leaseback: 3 + 2 years
• Approx. 4.63% gross rental yield based on the asking price
• Newly renovated approximately 3 years ago
• Fitted office space, allowing the premises to be used with minimal additional works
• Sale and leaseback structure provides an opportunity to secure an occupier from completion
WHY MANHATTAN HOUSE?
Positioned in the heart of Chinatown, Manhattan House offers convenient access to Chinatown MRT and Outram Park MRT, with the CBD, Tanjong Pagar and the wider city-fringe commercial belt within easy reach.
The building is an established commercial development with a wide range of office and business uses, making larger strata office units such as this relatively uncommon.
This provides investors with a combination of:
Immediate income potential
+
Central location
+
Large office floor plate
+
Existing fitted space
+
Longer-term collective sale optionality
A compelling opportunity for investors looking for a sizeable commercial asset in a central location with a proposed leaseback arrangement.
Contact us for the full details, financial analysis and viewing arrangement.
Amenities
Air conditioner
Covered car parking
Meeting room
Pantry
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
S$ 0 / mo
S$ 0 Principal
S$ 0 Interest
Upfront costs
Total downpayment
S$ 0
Downpayment
S$ 0 Loan amount at 0% Loan-to-value
Manhattan House
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Recommendations
FAQs
The sale price of this unit at Manhattan House is S$ 3,600,000.
Current PSF at Manhattan House is about S$ 1,078.81 psf.
The estimated loan repayment is S$ 13,749 / mo.
Manhattan House is located at 151 Chin Swee Road, Alexandra / Commonwealth Alexandra / Commonwealth City & South West (D01-08).
Floor size of this unit at Manhattan House is 3,337 sqft.
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