Type

Units

Min Area

Price Range

Studio

94 sqft

S$1,000 – S$2M

3 BR

1378 sqft

S$1.8M

Other

463 sqft

S$938K – S$14.4M

Type

Units

Min Area

Price Range

Other

94 sqft

S$1,000/mo

Property Highlights

Commercial development with 24 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.
96% of current units are for sale, from S$1,000; 4% are for rent, from S$1,000/mo.
Located 3 min (250 m) from EW15 Tanjong Pagar MRT Station.

Price Trends & Rental Yield

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International Plaza: Premium Office Space in Singapore's Central Business District

International Plaza stands as a cornerstone commercial property along Anson Road, one of Singapore's most prestigious business addresses. Situated in the heart of the central business district, this development offers office solutions designed to meet the evolving needs of modern enterprises. The location represents a strategic choice for businesses seeking prominence, connectivity, and access to Singapore's most vibrant corporate neighbourhood.

The proximity to Tanjong Pagar MRT Station—a mere three-minute walk of approximately 250 metres away—positions International Plaza at a significant advantage for tenant recruitment and client accessibility. This exceptional transport connectivity ensures that employees and visitors can reach the office with minimal friction, whilst the station serves as a gateway to Singapore's entire rapid transit network. For businesses operating in professional services, finance, and technology sectors, this accessibility becomes a genuine competitive advantage in attracting and retaining top talent.

Strategic Location and Business Environment

Anson Road has long been synonymous with corporate excellence in Singapore. The surrounding precinct hosts major multinational corporations, established law firms, accounting practices, and financial institutions. International Plaza benefits from this established ecosystem, offering tenants immediate access to a mature business community with all the supporting infrastructure that implies. Restaurants, cafés, banking facilities, and professional service providers are all within walking distance, creating an environment where business can be conducted with remarkable efficiency.

The Tanjong Pagar conservation district adds another layer of appeal, blending heritage character with contemporary business vitality. This distinctive environment attracts discerning businesses that value both functionality and aesthetic surroundings. The area's reputation for stability and professional conduct makes it particularly attractive to firms prioritising brand positioning and client confidence.

Flexible Office Solutions and Inclusive Amenities

International Plaza provides office spaces configured to accommodate diverse business models, from sole proprietorships to established corporate teams. The inclusive approach to utilities—with Wi-Fi and electricity incorporated into rental agreements—eliminates administrative complexity and allows businesses to budget with greater certainty. This transparent pricing structure appeals to businesses managing operational costs carefully, particularly startups and growing firms still establishing stable revenue streams.

The flexible lease framework accommodates both short-term operational needs and longer-term corporate presence. This adaptability has become increasingly valuable in Singapore's dynamic business environment, where tenant requirements often shift with market conditions and business growth trajectories. Businesses can scale their office footprint without excessive commitment, making International Plaza suitable for enterprises at various growth stages.

Rental Economics and Market Competitiveness

Office rental rates in the Tanjong Pagar area have remained remarkably resilient, reflecting consistent demand from quality-conscious businesses. International Plaza's pricing strategy positions it competitively within this established market. For businesses evaluating their office location options, the transparent all-inclusive rental model at International Plaza simplifies financial planning and removes hidden cost variables. This predictability has become increasingly valued by Singapore's business community.

The central business district office market continues to evolve, with businesses increasingly recognising the value of prime locations that support both operational efficiency and corporate prestige. International Plaza's positioning directly addresses these market demands. Tenants can focus investment on core business operations rather than dispersing resources across multiple service providers for utilities and connectivity.

Access and Commute Patterns

The three-minute walk to Tanjong Pagar MRT Station (EW15 on the East-West Line) represents a transformative advantage for office-based businesses. Employees across Singapore can reach International Plaza through a single, reliable transit connection. The East-West Line's comprehensive network coverage ensures that teams can be recruited from across the island without imposing unreasonable commute burdens. This broad talent acquisition capability directly supports business growth and operational flexibility.

For client meetings and business entertainment, the location's accessibility cannot be overstated. Visiting stakeholders can navigate Singapore's MRT system and arrive at International Plaza with minimal friction. This seamless visitor experience reinforces positive business relationships and supports the professional image that tenants seek to project.

The Central Business District Advantage

Operating from the central business district carries symbolic weight in Singapore's business landscape. Clients and partners recognise Anson Road addresses as markers of corporate substance and establishment credibility. For professional services firms, financial institutions, and businesses where client perception influences purchasing decisions, this location represents a tangible competitive asset. International Plaza taps into this established brand equity of the precinct.

The concentration of complementary businesses in the surrounding area creates networking opportunities and potential partnership dynamics. A business located at International Plaza becomes part of Singapore's most established commercial community, gaining visibility and potential for synergistic relationships within the corporate ecosystem.

Building Quality and Workspace Standards

International Plaza is designed to standards befitting central business district expectations. Office spaces feature contemporary specifications supporting modern workplace requirements including reliable power infrastructure, high-speed connectivity, and climate control appropriate for comfortable professional environments. The building maintains standards consistent with tenant expectations in Singapore's premium office market.

The compact office configurations available represent increasingly popular workspace models. Rather than expanding fixed office footprints, many growing businesses now prioritise efficient, strategically located spaces that maximise productivity and minimise operational drag. International Plaza's space efficiency aligns perfectly with these contemporary business operating models.

Professional Environment and Market Positioning

Businesses selecting office locations make decisions that extend beyond functional requirements. International Plaza's address on Anson Road and proximity to Tanjong Pagar MRT send important signals to clients, partners, and potential employees about business positioning and professional standards. This location-based credibility becomes particularly valuable for consulting firms, legal practices, and financial service providers where perceived substance influences client confidence.

The established professional character of the Tanjong Pagar precinct means International Plaza operates within an environment of business formality and corporate decorum. This professional atmosphere supports business operations and reinforces the credibility that office-based businesses seek to project. For enterprises operating in sectors where professional presentation is commercially meaningful, this environmental factor carries real financial value.

Investment and Lease Flexibility

International Plaza offers lease arrangements that balance landlord requirements with tenant operational flexibility. The transparent pricing structure—with utilities and connectivity included—eliminates hidden costs and administrative burdens. For businesses evaluating office location options, this straightforward approach supports accurate financial planning and reduces budget uncertainty. Businesses can commit to International Plaza confident that their office costs remain predictable and comprehensive.

International Plaza represents a strategic choice for businesses seeking premium office space in Singapore's most established commercial district. The combination of location prestige, transport connectivity, professional environment, and flexible lease arrangements creates compelling value for businesses at various growth stages. As Singapore's business community continues evolving, International Plaza's central position and modern workspace solutions position it as a relevant choice for enterprises prioritising both operational efficiency and professional market positioning.

Frequently Asked Questions

How does International Plaza's proximity to Tanjong Pagar MRT influence tenant demand and long-term leasing value?

Tanjong Pagar MRT (EW15), located just three minutes' walk from International Plaza, represents one of Singapore's most critical transport hubs, directly serving the central business district's largest employment concentration. The exceptional proximity ensures that International Plaza captures tenants across all MRT lines, substantially broadening the recruitment pool and reducing employee commute friction. This transport advantage translates into consistent tenant demand, supporting premium rental rates and tenant stability—office properties within immediate MRT walking distance typically command 15-25% rental premiums relative to comparable spaces requiring longer commutes. For long-term lease value, properties positioned at premium MRT locations like International Plaza demonstrate remarkable resilience through economic cycles, as transport accessibility remains a non-negotiable tenant requirement regardless of market conditions.

What is the estimated rental yield for investors purchasing office space at International Plaza?

The Tanjong Pagar office market currently demonstrates gross rental yields in the range of 3.5-5.5% depending on exact configuration and lease terms, with International Plaza's transparent all-inclusive pricing model positioning yields toward the upper end of this range. An investor acquiring office space at International Plaza benefits from the all-inclusive utility structure, which eliminates tenant disputes over shared service charges and simplifies cash flow forecasting. The central business district location and proximity to Tanjong Pagar MRT support consistent tenant demand, reducing vacancy risk and supporting reliable income streams. Investors should model yields conservatively using 12-18 month average market rent, account for potential vacancy periods, and recognise that office yields in this precinct historically remain stable through economic cycles due to persistent demand from established corporate tenants.

How do office rental rates at International Plaza compare to recent per-square-foot transactions in the Tanjong Pagar area?

Recent office lettings in the Tanjong Pagar precinct have settled in the range of S$8-14 per square foot monthly depending on space configuration, floor level, and building prestige—with premium central business district addresses commanding toward the higher end. International Plaza's rental positioning reflects competitive assessment within this established market, offering rates that balance affordability with location prestige and connectivity advantages. For tenants comparing office options, International Plaza's all-inclusive utility model effectively reduces effective per-square-foot costs relative to competing spaces where utilities remain separately metered. The historical consistency of Tanjong Pagar office values reflects the district's enduring appeal to professional services firms and financial institutions, suggesting that rental rates at International Plaza should remain stable relative to comparable central business district alternatives.

What are the Additional Buyer's Stamp Duty (ABSD) implications if a Singapore Citizen purchases office space at International Plaza as a second property?

Singapore Citizens acquiring office property as a second residential or non-residential property must currently pay Additional Buyer's Stamp Duty at 20% of the purchase price, in addition to regular stamp duty—representing a significant cost consideration in acquisition financial planning. It is essential to note that ABSD applies to second property acquisitions by Singapore Citizens, and the 20% rate represents the current statutory rate established by Singapore's Inland Revenue Authority. For investors acquiring office space at International Plaza, the 20% ABSD obligation should be incorporated into complete acquisition cost modelling, as this represents a material cash outflow occurring at settlement. Professional tax and legal advice is essential, as specific circumstances and property classification may create variations in ABSD treatment—particularly for non-residential office properties versus residential classifications.

Does office space at International Plaza face lease decay risk, and how does this affect long-term resale value?

International Plaza office space, being commercial property rather than residential, operates under entirely different lease structures than residential properties. Commercial office leases do not decay in the manner residential leasehold properties do—commercial tenancies are typically structured as fixed-term renewable agreements rather than diminishing-term leasehold interests. This fundamental difference means International Plaza office units do not experience the gradual value erosion that residential leaseholders face as remaining lease duration diminishes. For office property buyers, the absence of lease decay risk represents a significant advantage, as office values remain supported by underlying rental income potential rather than decreasing in value as lease duration shortens. Resale value for office space depends primarily on location prestige, transport connectivity, and rental demand rather than remaining lease duration, making International Plaza's central business district positioning a more stable long-term value store than comparable residential property.

How does Tanjong Pagar MRT's presence affect capital appreciation potential for office property at International Plaza?

Central business district office properties within immediate proximity to major MRT stations have historically demonstrated superior capital appreciation relative to comparable spaces requiring longer commutes, reflecting persistent tenant demand and accessibility benefits. Tanjong Pagar MRT's status as a major transport interchange connecting to the East-West Line and serving Singapore's broadest commercial corridor creates enduring demand for nearby office space that extends across economic cycles. Office property capital appreciation in premium central business district locations like International Plaza is driven primarily by land scarcity in the commercial core, limited new office development in established business precincts, and persistent tenant demand from professional services and financial institutions. Investors acquiring office space at International Plaza can reasonably expect capital values to appreciate modestly but consistently over extended holding periods, reflecting the underlying supply constraints and demand fundamentals that support Singapore's central business district property values.

Which tenant profiles and business types are best suited to International Plaza's office space?

International Plaza's central business district location and Tanjong Pagar MRT proximity make it particularly attractive to professional services firms (legal practices, accounting partnerships, management consulting), financial services businesses (investment advisors, fund managers, wealth management), and corporate service providers whose business models depend on client accessibility and professional prestige. The straightforward all-inclusive rental model appeals to growing businesses and mid-market firms managing operational efficiency carefully, where transparent costs support financial planning better than complex service charge structures. First-time office tenants benefit from the simplified lease framework, whilst established firms seeking additional capacity appreciate the flexible terms supporting growth without excessive long-term commitment. High-net-worth individuals establishing personal offices or boutique advisory practices find the location prestige and workspace efficiency particularly valuable, whilst technology startups appreciate the connectivity advantages and access to skilled talent. Ultimately, any business model where client perception, team accessibility, and professional environment meaningfully influence commercial success should consider International Plaza's strategic advantages.

What Total Debt Service Ratio (TDSR) and financing headroom considerations apply to office property purchases at International Plaza?

Singapore's financial institutions typically assess office property financing using income coverage ratios appropriate to commercial property, generally requiring that rental income (or applicant business revenue) cover mortgage servicing costs with conservative margins. For investors purchasing office space at International Plaza, most banks require that monthly rental income cover monthly mortgage payments at ratios of approximately 1.5-2.0 times—meaning rental revenue must substantially exceed debt servicing obligations. Owner-occupiers purchasing office space for their own business use typically receive more relaxed lending assessment based on business cash flow rather than property-specific rental income, though financial institutions still require demonstration that the business generates sufficient profitability to support real estate acquisition costs. Financing headroom at International Plaza's competitive rental levels should remain accessible for qualified borrowers, as the central business district location and strong rental demand support conservative loan-to-value ratios from institutional lenders. Prospective purchasers should obtain binding pre-approval from financial institutions prior to making acquisition decisions, as exact TDSR treatment varies depending on property classification and applicant circumstances.

How does International Plaza compare to competing office developments near Tanjong Pagar MRT?

The Tanjong Pagar precinct hosts several competing office buildings including nearby commercial properties on neighbouring stretches of Anson Road and the surrounding conservation district. International Plaza distinguishes itself through transparent all-inclusive rental pricing (utilities and connectivity incorporated), flexible lease terms supporting businesses at various growth stages, and the same exceptional MRT proximity advantage available to comparable nearby properties. Competing developments may offer alternative specifications, floor plate configurations, or service amenities, but few match International Plaza's combination of affordability, transparency, and location prestige. Tenants comparing Tanjong Pagar office options should evaluate complete occupancy costs (including separately-charged utilities and services at competing buildings), lease flexibility, and landlord responsiveness rather than headline rental rates alone. International Plaza's established reputation and convenient lease structures position it competitively within the Tanjong Pagar market, offering substantial value for businesses prioritising cost certainty and operational simplicity.

Which floor levels and unit configurations at International Plaza represent optimal value for different tenant profiles?

Lower and mid-level floor configurations at International Plaza typically offer better value than premium higher floors, as Tanjong Pagar's street-level prestige and immediate MRT proximity mean ground and second-floor spaces command equal accessibility and visibility benefits without requiring premium rent. Mid-sized configurations supporting 2-5 person operations optimise cost efficiency for boutique professional practices and entrepreneurial ventures, avoiding excess capacity costs that larger floor plates require. Tenants seeking meeting room capability and client-facing presence benefit from lower floor levels near building entrance and MRT access, where visibility supports business reputation and client navigation. Businesses prioritising operational cost minimisation should focus on efficient configurations avoiding excess square footage, as International Plaza's transparent all-inclusive pricing applies uniformly across the building—optimising occupancy costs through right-sizing workspace rather than selecting premium floor levels. First-time office tenants particularly benefit from mid-level configurations offering professional environment credibility without excessive financial commitment, whilst established firms may prefer contiguous multi-unit arrangements supporting larger teams.

What future office supply dynamics in the central business district might affect International Plaza's rental value and capital appreciation?

Singapore's central business district has experienced limited new office development over the past decade, with most modern supply concentrated in satellite business parks rather than the established commercial core around Tanjong Pagar. This constrained new supply environment supports long-term rental growth potential for existing properties like International Plaza, as accumulated tenant demand for central business district space outpaces new building additions. The government's policy framework discourages large-scale office demolition and redevelopment in the conservation district, effectively capping future office supply in the immediate Tanjong Pagar precinct. Any residual new supply in the central business district will likely concentrate in integrated development projects combining office with retail and hospitality, rather than pure office buildings competing directly with established properties like International Plaza. Longer-term property demand patterns—particularly for professional services and financial institutions requiring central business district locations—suggest that supply constraints will continue supporting rental income stability at properties like International Plaza, as future tenant demand will likely exceed available central business district office space over extended planning horizons.

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