Type

Units

Min Area

Price Range

Other

463 sqft

S$950K – S$4.7M

Property Highlights

Commercial development with 7 units currently available.
Prices currently range from S$950K to S$4.7M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$190K on this acquisition.
Located 3 min (250 m) from EW15 Tanjong Pagar MRT Station.

Price Trends & Rental Yield

Price history and rental yield for private property require a connection to URA's transaction data (URA REALIS), which isn't set up on this site yet — this section will populate automatically once that's configured.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

International Plaza: A Cornerstone Commercial Address in Singapore's CBD

International Plaza stands as a prominent commercial landmark on Anson Road, positioned within Singapore's most sought-after business district. The development occupies a location that has long attracted multinational corporations, financial institutions, and professional service providers seeking premium office accommodation in the heart of the island's economic engine. This address carries considerable prestige and recognition within the corporate community, making it an appealing proposition for organisations seeking to establish or expand their Singapore presence.

The proximity to Tanjong Pagar MRT station—a mere 250 metres away—places the development at the intersection of seamless public transport connectivity and walkable access to Singapore's most vibrant commercial precinct. This positioning ensures that tenants, clients, and employees experience minimal friction in their daily commute, whilst the surrounding streetscape offers an established ecosystem of restaurants, cafés, banking facilities, and professional services that cater to the needs of the corporate workforce.

Spatial Efficiency and Design

Office units within International Plaza are thoughtfully proportioned to maximise usable floor area and functional flexibility. The typical unit configuration, spanning approximately 936 square feet, represents a size band that appeals to boutique professional firms, corporate regional offices, and back-office operations seeking cost-effective yet prestigious accommodation. The square footage allows for efficient space planning that accommodates open-plan layouts, private meeting rooms, and dedicated support areas without excessive wasted circulation or unused volume.

The building's design reflects the standards expected within a mature CBD development, with considerations for natural light, column spacing, and floor-to-ceiling heights that support a range of operational requirements. Modern office tenants increasingly expect flexibility in how they configure their workspace, and the inherent design of the building facilitates this demand without requiring costly structural modifications.

Investment Credentials and Market Position

International Plaza functions as both a long-term investment vehicle and a revenue-generating asset within Singapore's institutional property landscape. The commercial office sector has historically demonstrated resilience during economic cycles, underpinned by fundamental demand from multinational enterprises and domestic corporations seeking premium Singapore locations. The CBD remains the geographic epicentre of this demand, and properties positioned on key arterial roads benefit from both location premium and tenant visibility.

For investors considering acquisition of units within the development, the central location supports consistent rental demand and occupancy rates. Multinational tenants prioritise address quality and transport accessibility as non-negotiable criteria when evaluating lease opportunities, and this address meets both requirements robustly. The surrounding corporate ecosystem—populated by banking, legal, accounting, and management consulting firms—creates an environment where professional services tenants actively seek additional space or relocation opportunities.

Market Context and Surrounding Amenities

Anson Road itself forms part of Singapore's traditional financial district, where property values and rental rates have remained stable or appreciated over extended holding periods. The immediate vicinity encompasses premium hotels, fine dining establishments, and executive service providers that reinforce the area's position as Singapore's premier business address. These complementary uses support both the daytime working population and visiting corporate clients, creating an environment conducive to sustained commercial demand.

The location's maturity means that tenants have access to established support services without relying on emerging or speculative retail development. Banking branches, telecommunications centres, courier services, and business support providers are woven throughout the immediate streetscape, reducing tenant friction in executing daily business operations.

Capital Appreciation and Long-Term Ownership Value

Office properties in Singapore's CBD have demonstrated consistent long-term capital appreciation when held over multi-year periods, reflecting the scarcity of premium commercial land and the persistent demand from global corporations seeking high-quality Singapore bases. International Plaza benefits from an established market reputation and a tenant base that spans both multinational blue-chip organisations and growing regional enterprises. This diversity of tenant profiles provides multiple revenue streams and reduces concentration risk for owners holding the asset across economic cycles.

The development's positioning as an established address—rather than a speculative or emerging precinct—provides psychological comfort to both institutional and private investors. Properties in mature, recognised business locations command pricing premiums relative to newer or peripheral commercial developments, a premium that reflects the reduced lease-void risk and the ability to attract high-calibre tenants without prolonged marketing campaigns.

Regulatory and Fiscal Considerations

Purchasers acquiring commercial office units should ensure they understand the applicable tax frameworks and regulatory requirements governing commercial property ownership in Singapore. Unlike residential properties, commercial office assets are not subject to seller's stamp duty or the Buyer's Stamp Duty regime applicable to residential purchases. This exemption positions commercial property as a distinct asset class with its own fiscal treatment, which can be advantageous for investors evaluating the total cost of ownership and exit scenarios.

Professional advice regarding corporate structuring, depreciation allowances, and tax-efficient holding mechanisms is recommended for investors acquiring commercial office assets. Many institutional and high-net-worth purchasers structure commercial acquisitions through corporate vehicles to optimise tax outcomes and segregate commercial real estate investments from personal residential holdings.

Tenant Mix and Occupancy Dynamics

The CBD location ensures that International Plaza attracts a diversified tenant base spanning financial services, professional advisory, technology companies, and regional corporate headquarters. This diversity reduces the development's exposure to any single industry downturn, and the location's pre-established reputation means that lease marketing campaigns can rely on strong employer brand recognition and proven ability to attract quality corporate tenants.

International Plaza represents a stable, established commercial address capable of supporting sustained investment returns through consistent rental income and long-term capital appreciation. The development's position within Singapore's primary business district, combined with its convenient transport accessibility and mature amenity ecosystem, positions it as a compelling option for investors and owner-occupiers seeking premium CBD commercial accommodation.

Frequently Asked Questions

What rental yield can an investor expect from purchasing an office unit at International Plaza?

Office yields in Singapore's CBD typically range between 3% and 5% net, depending on tenant quality, lease length, and individual unit positioning within the building. International Plaza's established reputation and central location support rental rates competitive with comparable CBD office stock, though actual gross rental income depends on prevailing market conditions at the time of lease commencement and the specific tenant profile secured. Institutional investors and property funds have historically achieved mid-range yields in this market segment by selecting units with strong tenant demand and extended lease tenures (typically 3 to 5 years), which reduce lease-void risk and provide income stability. Prospective investors should conduct detailed comparable market analysis on recent transactions and current lease rates for similar-sized office suites in the immediate CBD vicinity to establish realistic yield expectations for their specific investment timeline and capital allocation strategy.

How does the per-square-foot pricing of units at International Plaza compare to recent comparable office transactions in the CBD?

CBD office space currently transacts within a wide range depending on building age, floor level, and tenant-specific factors, with established addresses like Anson Road typically commanding premium pricing relative to newer or peripheral precincts. Recent comparable transactions for similarly-sized office units in mature CBD buildings have shown asking prices ranging from approximately S$1,500 to S$2,500 per square foot, with actual transaction prices influenced by market absorption rates, tenant demand, and individual property condition. International Plaza's specific positioning within this range reflects its established market reputation, proximity to Tanjong Pagar MRT, and the quality of the immediate commercial ecosystem. Investors should benchmark specific units within the development against recent arm's-length transactions in comparable buildings (such as other Anson Road addresses or nearby Pearl's Hill properties) to validate pricing and identify value opportunities relative to current market conditions.

Are there Additional Buyer's Stamp Duty implications for purchasing office units at International Plaza?

Commercial office units are not subject to Buyer's Stamp Duty or Additional Buyer's Stamp Duty (ABSD) under Singapore's property tax regime. This exemption applies regardless of whether the purchaser is a Singapore Citizen, Permanent Resident, or foreign entity, and regardless of how many residential properties the purchaser already owns. This fiscal advantage distinguishes commercial office acquisitions from residential property purchases, where ABSD at 20% applies to second and subsequent residential property acquisitions by Singapore Citizens. For investors comparing the total cost of ownership across asset classes, the absence of ABSD on commercial purchases can meaningfully improve net investment returns and reduce the effective capital requirement for acquiring office units.

What is the lease tenure for units at International Plaza, and how might lease decay affect long-term value?

International Plaza is a commercial office building, and office properties in Singapore are typically held on either 99-year leasehold or freehold tenure depending on the original land acquisition and the building's development timeline. The specific tenure of individual units should be verified through official title records and the property's legal documentation. For leasehold office properties, lease decay becomes a consideration primarily beyond the 70-year mark, though office properties generally experience slower value erosion than residential leases because occupant turnover is less dependent on individual buyer preference and more driven by corporate lease cycles and business requirements. Investors holding office leases with remaining terms of 80+ years face minimal practical lease decay risk within a 10 to 15-year investment horizon, though very long-dated holdings (30+ years) warrant careful monitoring of remaining lease length relative to tenant expectations and refinancing requirements.

How does proximity to Tanjong Pagar MRT station influence tenant demand and capital appreciation for office units?

Proximity to MRT stations is a critical driver of office property demand and long-term capital appreciation because it directly affects employee commute times and corporate recruitment outcomes. Tanjong Pagar MRT station serves the East-West Line (EW15) and is adjacent to multiple interchange possibilities, making International Plaza exceptionally accessible for multinational corporates recruiting talent from across Singapore. The 250-metre walking distance positions the development within the most convenient catchment for MRT-dependent workforces, a factor that measurably influences corporate tenant lease decisions and willingness to pay premium rents. This transport advantage historically translates into stronger occupancy rates, lower lease-void periods, and more robust capital value preservation during market downturns compared to office buildings requiring shuttles or longer walking distances from MRT nodes.

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

International Plaza appeals to multiple buyer profiles across different investment horizons and risk tolerances. High-net-worth individuals and family offices seeking diversified property portfolios benefit from the stable income characteristics and capital preservation profile of CBD office assets held across 10+ year periods. Corporate owner-occupiers and professional service firms evaluate units for long-term operational use, valuing the prestigious address and established tenant ecosystem that supports client acquisition and staff recruitment. Institutional investors and property funds view the development as a core holding within their Singapore commercial property allocation, leveraging the mature market, diversified tenant base, and consistent income generation to meet long-term fund performance targets. First-time office investors may find entry-level units provide accessible exposure to CBD-grade commercial real estate without requiring substantial capital outlay, though such investors should engage professional advisors to understand tax implications and corporate structuring options.

What financing capacity and TDSR headroom should an investor expect when acquiring units at International Plaza?

Commercial property financing in Singapore typically operates under TDSR (Total Debt Servicing Ratio) frameworks that permit higher leverage than residential acquisitions, with lenders commonly offering 60% to 70% loan-to-value for established CBD office properties depending on tenant quality and lease length. At a purchase price of approximately S$1,800,000 (typical for units within this development), a qualified investor with strong income credentials could expect loan facilities in the range of S$1,080,000 to S$1,260,000, requiring equity contributions of S$540,000 to S$720,000. TDSR capacity varies by individual lender and borrower income profile, but corporate tenants with investment-grade credit ratings and 3+ year lease tenures typically support higher LTV ratios than owner-occupied scenarios. Prospective buyers should obtain pre-approval from institutional lenders before committing to acquisition, as financing capacity can meaningfully influence overall investment returns and the feasibility of leveraged acquisition strategies.

How does International Plaza compare to competing office developments in the immediate CBD vicinity?

International Plaza competes within a cohort of established CBD office buildings spanning Anson Road, Pearl's Hill, and surrounding arterial roads, where buildings typically range from 20 to 40+ years old and offer comparable floor plates, transport accessibility, and tenant ecosystems. Competing addresses like other Anson Road properties, Raffles Place buildings, and Pearl's Hill developments offer similar lease-to-market dynamics and occupancy rates, though individual properties may vary in building condition, floor-to-ceiling heights, or specific tenant mix. International Plaza's principal competitive advantages centre on its established brand recognition, strategic MRT proximity, and the proven ability to attract quality multinational tenants seeking prestige addresses. Investors should conduct detailed comparative analysis on recent transactions, current lease rates, and average occupancy metrics across competing buildings to identify pricing gaps and value opportunities relative to the broader CBD office market.

Which floor levels or unit stacks within the development offer the best value proposition?

Office floor levels typically command different pricing premiums depending on tenant preferences and light quality, with mid-level floors (roughly floors 5 through 15) often representing optimal value because they avoid the premium pricing of high floors whilst maintaining adequate natural light and avoiding ground-level noise or privacy concerns. Lower floors may occasionally offer discounted pricing despite inferior prestige, creating value opportunities for budget-conscious tenants or investors prioritising rental yield over tenant class. Higher floors typically command 10% to 15% premiums relative to mid-level equivalents due to perceived prestige, superior views, and reduced noise, though these premiums may not always translate into proportionally higher rental rates depending on tenant preferences. Systematic analysis of recent transactional pricing by floor level within International Plaza (if available through market databases or local real estate consultants) can reveal specific stacks offering superior risk-adjusted returns relative to comparable units on premium floors.

What is the future supply pipeline for office space in the Anson Road and CBD vicinity, and how might this affect long-term values?

Singapore's CBD has experienced relatively constrained new office supply over the past decade due to limited land availability and planning constraints within the Central Area, a scarcity factor that has supported consistent rental growth and capital appreciation for established addresses. The upcoming supply pipeline for premium CBD office accommodation is modest relative to total market stock, with most new development occurring in peripheral business parks rather than prime CBD addresses. This structural undersupply of CBD-grade office space in mature, reputation-established buildings creates a favourable long-term outlook for properties like International Plaza, as multinational corporates continue to prioritise presence in Singapore's primary business district despite temporary cyclical headwinds in any given year. Investors holding multi-year investment horizons benefit from this constrained supply dynamic, though careful monitoring of macroeconomic conditions and corporate employment trends remains essential to validate demand assumptions underpinning acquisition decisions.

Office At 10 Anson Road — From S$950K