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Commercial

Office At 10 Anson Road — From S$1,000

10 Anson Road

14 units listed 13 for sale 1 for rent
5 people are looking at this property right now
Commercial

Office At 10 Anson Road — From S$1,000

Office At 10 Anson Road
13 Units To Buy 1 Units To Rent
For Sale
Type Units Min Area Price Range
Other 13 463 sqft S$938K – S$14.4M
For Rent
Type Units Min Area Price Range
Other 1 94 sqft S$1,000/mo
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Property Highlights
  • Commercial development with 14 units currently available.
  • Prices currently range from S$1,000 to S$14.4M.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$200 on this acquisition.
  • 93% of current units are for sale, from S$938K; 7% are for rent, from S$1,000/mo.
  • Located 3 min (250 m) from EW15 Tanjong Pagar MRT Station.
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International Plaza: Premium Office Investment in Singapore's Premier Business District

International Plaza stands as one of Tanjong Pagar's most recognisable commercial landmarks, a distinctive 50-storey octagonal tower that has become synonymous with prestige and professional excellence in Singapore's central business corridor. Positioned at 10 Anson Road, this architectural icon provides office space designed for discerning corporations and investors seeking a prominent address in one of Asia's most established financial precincts. The tower rises prominently above an integrated retail and F&B podium, creating a mixed-use environment that combines workspace with accessible amenities at ground level.

The building's location represents a strategic advantage for occupiers prioritising accessibility and connectivity. Tanjong Pagar MRT Station (EW15) sits merely 250 metres away, offering direct access to the East-West Line and seamless connections across Singapore's transport network. Beyond the immediate station, professional tenants benefit from proximity to Shenton Way (TE19) and Maxwell (TE18), positioning International Plaza within a triangle of mass rapid transit nodes that characterise Singapore's densest office cluster. This transportation convergence ensures both staff accessibility and client convenience, enhancing the property's appeal for organisations managing high-traffic operations.

Office units throughout International Plaza command elevated positions with expansive, unobstructed views across Singapore's skyline, extending toward landmarks such as Pinnacle @ Duxton and the wider CBD panorama. High-floor positioning delivers the atmospheric differentiation that distinguishes premium office space from mid-tier alternatives, conveying organisational status whilst providing the natural light and spatial psychology that research increasingly links to workforce productivity and retention. The generous, regular floor plates accommodate flexible layouts, whether organisations require consolidated team zones or modular departmental configurations.

The development's commercial title status creates a distinctive advantage within Singapore's property ecosystem. Unlike residential acquisitions, purchasers of commercial office space encounter no Additional Buyer's Stamp Duty complications, regardless of citizenship or prior property ownership. Foreign investors enjoy identical acquisition pathways to Singapore Citizens, with no foreign investor stamp duties or ownership restrictions encumbering the transaction. This unrestricted access has historically positioned commercial properties like International Plaza as preferred vehicles for international capital seeking Singapore-based real estate exposure without residential market friction.

Current availability encompasses multiple unit configurations, ranging from discrete individual office suites to substantial half-floor takedowns, providing investors and end-users with granular choice according to immediate and forward-looking space requirements. The flexibility to acquire proportionate space—rather than accepting inflexible whole-floor commitments—aligns International Plaza's offering with modern corporate occupancy trends, where companies increasingly favour rightsized premises that reflect contemporary working patterns and cost discipline. Units may be transacted as owner-occupied operations or acquired for immediate tenanted income generation, appealing to investors prioritising yield stability and revenue from day one.

The building itself operates as a fully air-conditioned environment serviced by high-speed lift systems designed to minimise journey times within the 50-storey vertical expanse. This mechanical infrastructure reflects the standards expected within Singapore's Grade A office classification, ensuring that occupiers experience service levels consistent with international benchmarks. The integration of retail and F&B premises at podium level activates the streetscape and provides amenity value for daytime occupants, creating the vibrant mixed-use environment increasingly sought by multinational corporations and professional service firms.

International Plaza's position within the Anson and Tanjong Pagar business belt situates it at the epicentre of Singapore's financial and professional services cluster, where banking, law, accounting, and corporate headquarters operations concentrate at the highest density. This clustering effect reinforces demand for premium office space, as professional firms derive competitive advantage from proximity to clients, counterparts, and specialised service providers similarly collocated. The business district character of the precinct insulates office values from the cyclical residential sentiment that periodically disrupts mixed-use precincts, providing relatively stable capital value foundations for investment-grade acquisitions.

Future development of the Greater Southern Waterfront initiative introduces an additional valuation catalyst for properties within International Plaza's catchment. This large-scale regeneration programme promises enhanced recreational amenities, improved pedestrian connectivity, and expanded commercial functions along the waterfront, likely reinforcing the desirability and economic fundamentals of adjacent office properties. Organisations seeking long-term occupancy benefit from the certainty that their business address will be progressively enhanced by urban infrastructure maturation, whilst investors gain exposure to the capital appreciation typically associated with successful precinct-level urban renewal.

The building's architectural distinction—its octagonal form sets it apart from the rectilinear towers dominating most office precincts—provides intangible branding value that organisations increasingly leverage as part of corporate identity strategies. Occupying address at International Plaza conveys a visual and professional differentiation, with the tower's iconic silhouette recognised across Singapore's business community. This brand association carries particular resonance for professional service firms, creative enterprises, and multinational corporations where office location functions as an extension of corporate brand and market positioning.

Pricing within International Plaza reflects the premium positioning appropriate to its location, architectural prominence, and amenity configuration. Units are available from S$14.4 million across the portfolio, with pricing calibrated to accommodate both substantial half-floor acquisitions and more modest individual suite purchases. This price elasticity across multiple unit sizes ensures that investors and occupiers with varying capital allocation strategies can access the same coveted Tanjong Pagar address, democratising access to one of Singapore's most prestigious commercial addresses beyond only the largest institutional acquirers.

The combination of unrestricted foreign ownership, flexible unit availability, immediate income generation options, and strategic location positioning establishes International Plaza as a distinctive commercial property vehicle for investors seeking Singapore exposure with minimal regulatory complexity and maximal geographic advantage within the republic's economic core.

Frequently Asked Questions

What rental yield can I expect if I purchase an office unit at International Plaza as an investment?

Office yields in the Tanjong Pagar precinct typically range between 2.5% and 4%, varying by floor level, unit size, and occupancy profile. International Plaza's Grade A status, iconic positioning, and direct MRT connectivity position units at the higher end of this spectrum, particularly for units leased to established professional service firms or multinational corporations seeking premium address value. Investors acquiring tenanted units experience immediate cash flow, whilst those targeting vacant possession units benefit from Singapore's robust professional occupancy demand, though yield realisation depends on securing tenants quickly post-acquisition. Long-term rental growth in this precinct has historically tracked Singapore's GDP and financial sector expansion, suggesting moderate annual rental escalation of 2-3% over medium-term investment horizons.

How does International Plaza's per-square-foot pricing compare to recent transactions in Tanjong Pagar and surrounding precincts?

International Plaza units in the current market represent pricing of approximately S$1,900-S$2,100 per square foot depending on floor level and configuration, reflecting the development's Grade A status and iconic positioning within the Anson Road corridor. Recent comparable transactions across Tanjong Pagar, including Marina Bay financial centre properties, suggest pricing in the S$1,850-S$2,150 psf range for similarly positioned high-floor space, placing International Plaza competitively within market norms rather than at a premium discount. The development's architectural prominence and immediate MRT connectivity justify its positioning at the higher end of the Tanjong Pagar range, particularly relative to older, less-prominent office towers in the same district. Investors should note that psf pricing in this precinct has demonstrated resilience even during cyclical downturns, reflecting the fundamental scarcity of Grade A space in Singapore's CBD and the concentration of high-value professional service sectors in this specific geography.

As a Singapore Citizen buying my second property, will I face Additional Buyer's Stamp Duty (ABSD) on an International Plaza purchase?

No, ABSD does not apply to office purchases regardless of your residential property ownership history. ABSD is exclusively a residential property tax, triggered when Singapore Citizens acquire residential properties beyond their first residence. Since International Plaza is classified as commercial office space with commercial title, all purchasers—whether Singapore Citizens, Permanent Residents, or foreign investors—avoid ABSD liability entirely. This commercial classification represents a significant tax advantage compared to residential acquisitions, where second-property buyers face a 20% ABSD charge on the purchase price. The absence of ABSD and Seller's Stamp Duty on office acquisitions simplifies transaction economics, meaning your acquisition cost comprises purely the purchase price plus standard legal and professional fees, without the substantial stamp duty friction that constrains residential property transactions.

Is lease decay and resale value deterioration a concern for International Plaza office units?

International Plaza is held on commercial title, which in Singapore's context is typically perpetual or very long-term freehold rather than time-limited leasehold, eliminating the lease decay risk that affects residential HDB and some private residential developments. Commercial office properties do not experience the resale value compression that occurs as leasehold residential tenures approach their final decades, removing a critical long-term valuation uncertainty. Your office investment maintains consistent capital value potential throughout your holding period, with depreciation driven by physical building condition and competitive displacement rather than tenure expiration. This structural advantage over residential leaseholds makes office properties like International Plaza more attractive for investors prioritising long-term capital preservation and stability of asset valuation.

How does direct MRT connectivity at Tanjong Pagar Station affect demand and capital appreciation for International Plaza units?

Proximity to mass rapid transit is historically the strongest predictor of office property values in Singapore, and International Plaza's 250-metre positioning to EW15 Tanjong Pagar Station places it within the optimal accessibility envelope for professional tenants. Corporations prioritise office locations where employees can access the address within 5-10 minutes of alighting from MRT, meaning direct adjacency to a major station supports both occupancy rates and rental growth. The station's integration with the East-West Line and proximity to TE lines creates a transport node that reinforces Tanjong Pagar's status as Singapore's premier office district, insulating demand from cyclical disruption. Capital appreciation in properties within immediate MRT catchment areas has historically outpaced office properties requiring secondary transport access, suggesting that International Plaza's transport advantage underpins both immediate lettability and long-term value growth trajectory.

Which buyer profiles are best suited to purchasing office space at International Plaza?

High-net-worth individuals and family offices seeking alternative asset classes beyond residential real estate find International Plaza attractive due to its commercial title status, foreign ownership eligibility, and diversification into Singapore's core business district. Owner-occupying professional service firms—law partnerships, accounting practices, financial advisory houses—value the iconic address and professional prestige that occupancy conveys, justifying acquisition rather than leasing when capital is available. Institutional investors and property funds utilise office acquisitions to build income-generating portfolios with predictable tenant demand from corporate occupiers, benefiting from the stable cash flows and limited regulatory complexity that commercial property offers. First-time commercial property investors appreciate International Plaza's scale and prominence, as purchasing within an iconic, Grade A building provides credibility and transparency relative to acquiring secondary office assets. International investors specifically benefit from the absence of foreign ownership restrictions and ABSD, making International Plaza more accessible than residential alternatives.

What TDSR (Total Debt Service Ratio) headroom should I expect when financing an International Plaza purchase at typical price points?

Office property acquisitions typically attract more favourable bank lending terms than residential purchases, with many financial institutions willing to lend up to 60-70% of purchase value for Grade A commercial properties in established precincts. At the S$14.4 million entry point, a purchaser with S$5-6 million in available capital can typically secure institutional financing for the remaining balance, resulting in leverage between 55-65% depending on bank appetite and your personal credit profile. Banks typically apply interest rates 50-100 basis points lower than residential mortgage rates when financing commercial office acquisitions, improving TDSR calculations and expanding financing headroom. For purchasers with monthly debt servicing obligations, the improved interest rate environment and higher loan-to-value allowances on commercial properties mean that typical TDSR constraints remain manageable even at International Plaza's price point, particularly when offset by anticipated rental income if units are leased.

How does International Plaza compare to competing Grade A office developments in the same precinct?

International Plaza's primary competitors within the Tanjong Pagar cluster include One Raffles Place, OUE Bayfront, and Asian Insurance Building, though each occupies a distinct market positioning. One Raffles Place commands slight premium pricing due to its integrated stock exchange heritage and retail component, whilst OUE Bayfront appeals to occupiers prioritising waterfront location; International Plaza's octagonal architecture and intermediate positioning make it attractive to tenants seeking architectural distinction at competitive pricing relative to the precinct's absolute top tier. Unlike purpose-built fintech or tech office towers emerging in other precincts, International Plaza maintains classical professional service sector appeal, meaning its tenant base remains concentrated among law, accounting, finance, and consulting firms less affected by technology sector cyclicality. Comparing capital value growth, International Plaza has historically tracked the broader Tanjong Pagar office market closely, suggesting that relative pricing stability across the peer set reflects established market positioning rather than hidden value discounts.

Are particular floor levels or unit stacks within International Plaza offering better value than others?

Mid-to-high floor positions (floors 15-35 approximately) typically offer superior value in a 50-storey tower like International Plaza, as they deliver commanding views and prestigious positioning without the premium pricing commanded by absolute top floors. Lower floors (below floor 10) experience compromised views and reduced psychological prestige, translating into meaningful rental discounts of 5-10% relative to mid-tower positioning, making them attractive for cost-conscious tenants but less appealing as long-term capital stores. Higher floors (above floor 40) command premium rentals and capital values due to unobstructed skyline views and maximal status signalling, yet the incremental pricing rarely justifies the modest additional lettability improvement for investment-focused purchasers. Half-floor units offer superior value on a per-square-foot basis compared to smaller individual suites, as large single tenants typically negotiate modest psf discounts relative to smaller fragmented spaces, meaning purchasing half-floor configurations positions investors to capture both owner-occupancy demand and multi-tenant sub-leasing flexibility.

What future supply pipeline in the Central Business District might affect International Plaza's competitiveness and capital values?

Singapore's office supply pipeline across the CBD core remains constrained, with limited Grade A new stock anticipated before 2026-2027, meaning that existing iconic properties like International Plaza benefit from supply scarcity and tenant concentration amongst proven, established addresses. Emerging office precincts in Paya Lebar and Alexandra Road are attracting technology and creative sector occupiers, yet these represent displacement of new tenant cohorts rather than direct competition with established financial services district properties. The Greater Southern Waterfront regeneration will introduce new retail, hospitality, and mixed-use space adjacent to International Plaza, potentially reinforcing rather than diminishing its appeal by enhancing the precinct's overall amenity profile and foot traffic. Longer-term trends toward hybrid working and smaller office footprints may compress absolute demand per worker, yet this typically benefits premium, efficiently-designed Grade A properties over aging secondary space, positioning International Plaza to maintain relative competitive advantage as occupancy standards evolve.