SBF Centre at Robinson Road sees strong take-up

The new mixed-use commercial development SBF Centre at Robinson Road has seen strong take-up.

In a statement, Far East Organization said 75 per cent of the 186 units released have been sold during the preview sales period from 25 February.

The SBF Centre, a joint venture between Far East Organization and Far East Orchard Limited, will launch on 14 March.

Far East Organization said 138 office units were released for sale and 113 units have been sold, mostly to firms offering services including trading, legal services, consulting & secretarial services and financial advisory.

The Singapore Business Federation will be a major tenant at the development.

Prices for the office units start from S$3,200 per square foot.

Meanwhile, over half of the 48 medical suites have also been taken up.

Executive director of Far East Organization, Chia Boon Kuah said: “The positive take-up underscores a healthy demand for strata-titled space in Singapore’s prime Central Business District (CBD) area. As Singapore’s core financial and commercial district, it is home to the largest cluster of commercial buildings and skyscrapers. Its live-in population is also set to grow with a pipeline of new developments and the upcoming Tanjong Pagar Waterfront City.”

SBF Centre has a total of 196 strata offices, 48 medical suites and 3 full floor non-strata office units.

The 31-storey building is expected to be completed in 2017.

Source : Channel NewsAsia – 12 Mar 2013

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