9 Penang Road

Property Statistics As at 31 December 2020
Market Valuation
Market Valuation
S$279.0 million1,2
NLA
Total Net Lettable Area
0.2 million sq ft1
Commited Occupancy
Committed Occupancy
98.5%
Net Property Income
Net Income Contribution
-
Location 9 Penang Road, Singapore 238459
Ownership Interest 30.0%
Title Leasehold 99 years from 2016
Purchase Price S$245.1 million
Car Park Lots 121

Notes:

  1. Reflects Suntec REIT's interest in the property.
  2. Based on the latest valuation conducted.

9 Penang Road is a newly completed Grade A commercial building. The ten-storey development consists of two towers with office space across eight floors and retail space at the first level.

The building is located along Orchard Road precinct and is within walking distance to Dhoby Ghaut MRT interchange station which connects the North-South, North-East and Circle lines.



9 Penang Road9 Penang Road