TripleOne Somerset is one of the largest office and retail developments strategically located within the heart of orchard road, Singapore's premier shopping street. It enjoys two prominent frontages along Somerset Road and Devonshire Road.
The Landmark development will be transformed into a premium and coveted office address sitting on top of a retail and medical podium offering an exciting array of health, wellness, F&B and lifestyle concepts, after the completion of its asset enhancement works.
TripleOne Somerset, 17-story building, which will house offices, medical and retail will enjoy direct connectivity via a ground level covered walkway to Somerset MRT station
TripleOne Somerset is strategically located on the southern side of Orchard Road, between Somerset Road and Devonshire Road in Singapore's central district. It forms part of the Orchard Road, home to Singapore's prime retail hub and one of the largest concentration of office accommodation outside of the CBD.
The Property command excellent dual road frontages and is surrounded by Singapore's most prominent retail shopping centers and hotels. Occupiers can enjoy access to an abundance of dining options in the property and the vicinity, with range of cafes, hotels and restaurants located along Orchard Road. TripleOne Somerset is easily accessible via public transport and Somerset MRT station.
The property is located within a vibrant cluster of new developments. The Somerset Road frontage of the building is in front of 313 Somerset, Pan pacific Serviced Suites, Orchard Gateway, Hotel Jen, Orchard Central, SCAPE and Orchard Cineleisure.
KEY INVESTMENT HIGHLIGHTS
An efficient and regular unit layout in selection of sizes. Office units range from 371sqft to 1677sqft with regular floor plates designed for maximum efficiency, and units can be merged for larger space requirements.
New Retail & Medical Podium. The entrance, lift lobby and office units will be upgraded to create an excellent first impression, enhancing one's sense of arrival. The retail podium comprising 4 levels will be re-position as haven for health conscious and also for food shoppers, as it offer a wide array of food choices and beauty , wellness and health related offerings.
Grand entrance and lift lobbies. The property feature striking marble-clad entrances and lift lobbies at all levels, exuding a feeling of luxury throughout the development, which will be further enhanced through completion of asset enhancement works thereby creating the best first impression.
Premium Location. TripleOne Somerset enjoy prominent visibility with dual frontages facing Somerset and Devonshire Roads. It is strategically located within Orchard Road.
Sheltered access to Somerset MRT Station. A covered pedestrian walkway links the property to Somerset MRT Station.
Excellent car parking facilities. Provides generous car parking facilities with total offering of 404 lots.
Pent up demand in the Orchard Road strata market. Investor and end users remain are actively looking for strata offices. With rising prices, this trend is expected to continue for foreseeable future. An increasing numbers of end users buy space to avoid paying rents, banks continue t offer attractive commercial mortgage terms - including low interest rates and high loan to values (LTV) in order to entice ownership. With no competing existing or pipeline supply, the property represents the only 'New" strata office building for sale in Orchard Road vicinity.