7 of 15 office floors at Solitaire on Cecil sold for $371m

The average unit price was $4,325 per square foot.

Savills has sold seven out of the 15 office floors at Solitaire on Cecil for $371m.

The units were sold at an average price of $4,325 per square foot (psf), setting a record for the highest psf price for office space in Singapore.

Notably, the last three floors of Solitaire on Cecil were sold at S$4,130 psf to S$4,200 psf or $51.48m to $55.15m per floor within three months, between April and June.

The largest transaction in the property amounted to $162.8m, which sold three floors to a single buyer.

Savills also put up for sale Visioncrest Orchard, a new freehold commercial building along Penang Road, featuring 10 floors of office space spanning 150,000 sq ft and one level for retail shops.

The property has a floor plate of around 14,5000 sq ft and houses Puma and Manulife.

Follow the link for more news on

Savills

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia