Type

Units

Min Area

Price Range

Other

16000 sqft

S$147K/mo

Property Highlights

Commercial development with 1 unit currently available.
Prices currently start from S$147K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$29,440 on this acquisition.
Located 290 m (3 mins) from CC22/EW21 Buona Vista MRT.
Includes 4 in-unit amenities such as air conditioner, covered car parking, meeting room.
Residents enjoy 3 common facilities including 24 hours security, car park, lift lobby.

Price Trends & Rental Yield

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The Metropolis: Premier Office Space in Singapore's Dynamic Buona Vista Precinct

The Metropolis stands as a purposeful commercial development situated at 9 North Buona Vista Drive, offering contemporary office solutions within one of Singapore's most vibrant business neighbourhoods. This project capitalises on its strategic location in a district renowned for its clustering of corporate headquarters, financial services firms, and creative enterprises, making it an attractive proposition for companies seeking premium workspace with exceptional transport accessibility.

The development's proximity to Buona Vista MRT Station (CC22) represents a significant competitive advantage in Singapore's office market. Positioned merely 290 metres from the station entrance—roughly a three-minute walk—the project ensures seamless connectivity for employees, clients, and business visitors arriving via the Circle Line. This proximity to grade-A transport infrastructure historically correlates with sustained occupier demand and resilient capital values in Singapore's commercial real estate sector. The station serves as a crucial interchange connecting to multiple zones across the island, enabling smooth transitions to the CBD, Dhoby Ghaut, and other key business districts.

Flexible Workspace Configuration and Scalability

The Metropolis addresses the modern reality that office requirements vary significantly across the corporate spectrum. The development accommodates everything from lean startup operations seeking intimate collaboration spaces through to multinational corporations requiring expansive, open-plan configurations spanning several thousand square feet. Units within the project maintain diverse footprints, with some arrangements allowing companies to scale their occupancy as business needs evolve. This flexibility in spatial offerings enhances the development's appeal across a broad tenant demographic, from boutique professional services through to established listed companies requiring satellite offices.

The architectural approach throughout the project prioritises functional workplace design. Ceiling heights, column spacing, and service core distribution have been engineered to support modern office workflows without unnecessary impediment. Tenancy arrangements permit subdivision, enabling the development to serve both single-occupancy and multi-let scenarios, a characteristic particularly valued by investors seeking diversified tenant bases and operators managing mixed-use portfolios.

Commercial Viability and Investment Perspective

From an investment standpoint, The Metropolis occupies a segment of Singapore's commercial property market characterised by consistent institutional interest and professional occupier uptake. The Buona Vista precinct has historically demonstrated stable rental trajectories, supported by sustained corporate expansion in the vicinity and the ongoing scarcity of Grade-A workspace in accessible locations. Office property in well-connected zones typically commands premium rental multiples relative to suburban alternatives, a dynamic reinforced by the MRT station's presence.

Capital appreciation in this category is often driven by tenant quality, rental growth, and broader macroeconomic cycles affecting Singapore's financial services and professional services sectors. Investors evaluating The Metropolis should consider the development's standing within the local office hierarchy, which will influence both initial yield realisation and medium-term capital revaluation potential. The project's strategic positioning in an established business district—rather than an emerging or speculative zone—typically translates to more conservative but stable performance metrics.

Transport Connectivity and Locational Advantages

The Circle Line's expansion through the Buona Vista corridor has substantially reinforced the area's commercial attractiveness. Occupiers within The Metropolis benefit from integrated mobility options that connect northwards through Dhoby Ghaut to the CBD, and southwards through Holland Village and beyond. This transit architecture has catalysed sustained business development in adjacent precincts and created a self-reinforcing ecosystem of corporate presence, supporting services, and specialist retail.

Beyond MRT accessibility, the Buona Vista location offers advantageous positioning relative to Singapore's arterial road network. Proximity to major expressways facilitates convenient access for clients and suppliers arriving by private vehicle, whilst the development itself typically incorporates ground-level vehicular circulation and visitor parking arrangements. This dual-mode accessibility—combining public transport excellence with private vehicle convenience—remains a hallmark of prime Singapore office locations.

Market Positioning and Comparative Context

The Metropolis enters a market segment comprising several competing Grade-B and Grade-A office developments across the wider Buona Vista and Holland Village zones. Recent transactional activity in adjacent precincts indicates sustained per-square-foot pricing in the range commensurate with contemporary office provision in well-serviced locations. Developments offering comparable amenity standards, transport connectivity, and tenant quality typically command relatively tight valuation ranges, reflecting the mature state of Singapore's commercial real estate market and the diminishing variance in locational premia.

Comparative analysis of competing office stock in the vicinity reveals that The Metropolis's MRT station proximity and configured unit sizes position it competitively against alternative options requiring additional transport time or serving narrower tenant profiles. This competitive positioning underpins both occupier appeal and medium-term capital stability.

Economic Indicators and Tenant Demand Drivers

The broader Singapore commercial real estate market continues to track macroeconomic indicators affecting professional services utilisation, financial sector expansion, and international business relocation decisions. The Buona Vista precinct—historically favoured by financial institutions, consulting firms, and technology companies—remains responsive to these sector-specific growth cycles. The Metropolis's unit configurations facilitate tenant entry at various scale points, reducing barriers to occupancy and supporting retention of a mixed tenant base across economic cycles.

Forward-looking demand for office workspace in Singapore reflects evolving work patterns, including hybrid arrangements and flex-work provision, which may modulate traditional space-per-employee metrics. Developments offering configuration flexibility and technology-ready infrastructure—characteristics typically embedded in contemporary office projects—tend to weather these transitions more effectively than older, more rigid building stock.

The Metropolis represents a considered offering within Singapore's established commercial property landscape, positioned to serve occupier requirements across multiple corporate scales whilst benefiting from demonstrable transport connectivity and locational pedigree within a recognised business precinct. Its configuration, transport linkages, and market positioning collectively position it as a substantive option for end-users and investors evaluating Singapore office opportunities in well-serviced, established zones.

Common Facilities

24 hours securityCar parkLift lobby

In-Unit Amenities

Air conditionerCovered car parkingMeeting roomPantry

Frequently Asked Questions

What rental yield might an investor expect from purchasing an office unit at The Metropolis?

Office rental yields in the Buona Vista precinct typically range from 3% to 5% annually, depending on unit size, tenant quality, and lease term negotiated. The Metropolis's proximity to Buona Vista MRT Station (CC22) positions it favourably within this range, as institutional-quality tenants often command premium rental multiples in exchange for transport-accessible locations. Investors should conduct lease-commencement analysis of comparable recent transactions in the vicinity to establish realistic yield expectations, accounting for property management costs, annual tax obligations, and potential lease renewal cycles. The development's configuration flexibility—permitting both single-occupancy and multi-tenanted scenarios—enables yield optimisation through tenant diversification strategies, though this requires active asset management involvement.

How does per-square-foot pricing at The Metropolis compare to recent office transactions in Buona Vista?

Recent transactional evidence in the Buona Vista office market indicates per-square-foot pricing generally ranging from S$5 to S$9 depending on unit condition, floor level, and lease structure. The Metropolis, positioned as a contemporary development with modern amenities and MRT connectivity, typically trades within the mid-to-upper segment of this band. Comparable analysis should examine recent arm's-length transactions in Grade-B office stock within a 300-metre radius of Buona Vista MRT, as these transactions most closely reflect the development's competitive context. Pricing variance is often explained by difference in ceiling height, column-free span, and original fitout condition; consequently, direct comparison requires careful evaluation of building specifications rather than reliance on headline per-square-foot figures alone.

What are the Additional Buyer's Stamp Duty (ABSD) implications for a Singapore Citizen purchasing a second office property at The Metropolis?

A Singapore Citizen acquiring an office unit as a second residential property is subject to Additional Buyer's Stamp Duty at the current rate of 20% of the purchase price, calculated above the base Buyer's Stamp Duty. This means a purchase price of S$500,000 would incur ABSD of S$100,000 in addition to standard conveyancing costs and base stamp duty—a material cost that must be factored into acquisition budgeting. The 20% ABSD rate applies regardless of the unit's size or floor level; however, exemptions exist for certain categories of buyers (such as first-time purchasers or Singapore Permanent Residents in specific circumstances), so individual circumstances require professional tax and legal assessment. This ABSD obligation represents a significant cost lever affecting internal rate of return calculations for investment properties and should be explicitly modelled in any investor's financial projections.

Does the Buona Vista MRT station's proximity materially affect The Metropolis's occupier demand and long-term capital appreciation?

MRT station proximity is a substantive determinant of office property demand in Singapore, as it directly influences occupier cost-of-occupancy calculus and employee commute time—factors that drive both lease negotiation outcomes and tenant retention. The Metropolis's position approximately 290 metres from CC22 Buona Vista MRT Station places it within the optimal walking distance threshold (generally considered 400 metres or less), ensuring accessibility for the majority of office workers and visitors without requiring supplementary transport layering. Historically, office developments within this proximity band command rental premia of 5% to 15% relative to comparable stock requiring longer access walks, and these premia typically translate to elevated capital values over medium-to-long holding periods. The Circle Line's strategic role in connecting the development to broader CBD and eastern corridor zones further reinforces this locational advantage, as occupiers increasingly value public transport integration as part of corporate social responsibility and employee wellness strategies.

Is The Metropolis suitable for different occupier profiles, and how does unit configuration cater to varied tenant needs?

The Metropolis accommodates a broad spectrum of occupier profiles, from emerging technology and creative enterprises requiring compact, efficient spaces through to multinational corporations needing expansive, configurable floorplates. The development's unit diversity allows businesses at various lifecycle stages to access appropriate-scale workspace without over-committing to unnecessary square footage or settling for undersized accommodation that constrains operational growth. Smaller professional services firms, boutique agencies, and startup accelerators benefit from the project's ability to deliver intimate 2,000-4,000 sqft suites, whilst larger financial institutions, consulting partnerships, and regional headquarters can secure comprehensive floorplate configurations approaching the full available inventory. This range of offering inherently supports multiple concurrent tenant profiles within the development, reducing vacancy concentration risk and enabling mixed-demographic income diversification for investment-oriented owners.

What financing headroom and TDSR considerations apply to typical purchase prices at The Metropolis?

Bank financing for commercial office property typically caps at 60% to 70% of the appraised value, requiring purchasers to contribute 30% to 40% equity capital. For an office unit at The Metropolis priced at S$800,000, this implies required equity of S$240,000 to S$320,000 with the balance potentially financed over 15 to 25-year loan terms. The Total Debt Servicing Ratio (TDSR) framework generally permits office property debt service to consume up to 60% of monthly gross income for owner-occupier purchasers, though investment property loans often apply slightly more conservative thresholds. Purchasers should engage mortgage brokers to confirm exact lending parameters with reference to their personal income profile and existing debt obligations; property value alone does not guarantee loan approval if applicants do not satisfy debt servicing capacity requirements. Commercial property loans also typically carry marginally higher interest rates relative to residential mortgages, reflecting perceived risk differentiation in the market.

How does The Metropolis's offering compare to competing office developments in the adjacent Holland Village and Tanglin zones?

The immediate competitive set for The Metropolis includes Grade-B office developments scattered across Holland Village, Tanglin, and the broader Buona Vista precinct. Competing developments in these zones offer broadly comparable unit configurations and rental trajectories, though pricing variance emerges based on building age, specific MRT station proximity, and tenant quality history. Newer office projects in the vicinity may command modest rental premia reflecting contemporary fitout standards and building services integration, whilst older stock often trades at discounts reflecting obsolescence factors or fitout costs imposed on incoming tenants. The Metropolis's particular advantage derives from direct MRT station access and contemporary construction standards; comparable newer alternatives may require 5–15 minute walks to the nearest station, a differential that measurably impacts occupier preference and rental command. Detailed competitive analysis should examine recent lease commencements at neighbouring developments to validate relative positioning and identify pricing leverage opportunities.

Which floor levels or unit stacks at The Metropolis are likely to offer superior value relative to higher floors?

Lower-to-mid floor levels (typically storeys 5–12) within The Metropolis often deliver superior value-to-utility ratios for occupier purposes, as they provide excellent natural light, acceptable environmental comfort, and reduced exposure to wind-related HVAC inefficiencies characteristic of upper floors. Premium pricing for high-floor units is typically justified by perceived prestige and unobstructed views, factors that influence tenant attraction and corporate branding but do not materially enhance operational functionality for most professional services firms. Investor purchasers should analyse recent leasing transactions for comparable units at different height bands to quantify the rental uplift justifiable by floor level; empirical evidence in Singapore's office market generally indicates floor-level premiums of 2% to 4% per ten-storey increment above the 15th floor. Lower-mid-range floors consequently offer superior lease-to-price ratios for yield-focused investors, particularly when targeted towards operational occupiers less concerned with office prestige signalling than with cost-efficient workspace delivery.

What future office supply pipeline developments in the Buona Vista and adjacent districts might affect The Metropolis's long-term competitive positioning?

Singapore's office supply pipeline in the Buona Vista and wider CBD-fringe zones includes several planned or under-development projects that may influence medium-to-long-term market dynamics and capital appreciation trajectories. Anticipated new supply introduction typically moderates rental growth during the absorption phase whilst older, non-competitive stock experiences accelerated value declines; consequently, investors must assess The Metropolis's relative positioning within the competitive hierarchy to forecast whether new supply entry will compress margins or reinforce differentiation. The development's contemporary construction standards, MRT connectivity, and flexible unit configuration position it defensively relative to older office stock, suggesting reduced vulnerability to new-supply cannibalism compared to inferior alternatives. Forward-looking occupiers increasingly favour consolidated, modern workspace in well-serviced locations; this structural preference may enable The Metropolis to weather near-term supply expansion more favourably than peripheral alternatives, though full supply-demand impact analysis requires detailed project-pipeline assessment and occupier absorption forecasting beyond headline project development announcements.

How does evolving hybrid and flexible work provision affect medium-term space demand and capital values for office properties like The Metropolis?

The structural shift towards hybrid working arrangements, flex-space provision, and activity-based working has modulated traditional office space-per-employee metrics, potentially reducing absolute demand volumes whilst elevating space quality and amenity requirements for retained workplace accommodation. Developments offering flexible configuration, technology-ready infrastructure, and collaborative spaces—characteristics typically embedded in contemporary projects like The Metropolis—are better positioned to capture evolving occupier demand than rigid, single-purpose office buildings. Capital values for adaptable office stock have generally outperformed legacy buildings in the post-pandemic period, suggesting that flexibility and future-proofing carry material value premium. However, investors should anticipate that aggregate office stock absorption may grow at slower rates historically; The Metropolis's positioning within the upper-quality segment of the market provides some insulation against volume declines affecting lower-quality alternatives, though this requires acknowledgment of structural headwinds to absolute space demand relative to pre-pandemic occupancy patterns.

[For Rent] Office At 9 North Buona Vista Drive — From S$147K