Suntec City

Property Statistics As at 30 June 2021
Market Valuation
Market Valuation
S$5.5 billion1,2
NLA
Total Net Lettable Area
2.5 million sq ft1
Office: 1.3 million sq ft
Retail: 0.9 million sq ft
Convention: 0.3 million sq ft
Commited Occupancy
Committed Occupancy
93.4%
Office
93.9%
Retail
Net Property Income
Net Property Income
S$74.0 million
Location 3, 5, 6, 7, 8 and 9 Temasek Boulevard and 1 Raffles Boulevard, Singapore
Ownership Interest 59.0% of Suntec City Office Towers, 100.0% of Suntec City Mall and 66.3%3 in Suntec Singapore Convention and Exhibition Centre
Title Leasehold 99 years from 1989
Purchase Price S$2,524.6 million
Car Park Lots 3,066

Notes:

  1. Reflects Suntec REIT's interest in the property.
  2. Based on the valuation as at 31 December 2020.
  3. Suntec REIT increased its interest in Suntec Singapore from 60.8% to 66.3% on 1 July 2020.

Suntec City is a landmark integrated development which comprises five Grade A office towers, Singapore’s second largest shopping mall and a world-class convention and exhibition centre, all of which are interlinked by street level plazas and underground walkways.

The development is directly connected to the Promenade and Esplanade MRT stations and is also a 5 minutes walk to City Hall MRT station, providing access to all MRT lines in Singapore.