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TONG ENG BUILDING

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Project Information

Project Name

TONG ENG BUILDING

Street Name

Cecil Street

Property Type

Office

Tenure

999 Yrs FROM 1885

District / Planning Area

D1 / Downtown Core

Completion

Unknown

Indicative price range / Average*

Office: S$ 3,001 - S$ 3,001 psf / S$ 3,001 psf

Indicative rental range / Average#

Office: S$ 0.00 - S$ 0.00 psf pm / S$ 6.00 psf pm

Implied rental yield

Office: 2.40%

Historical high

Office: S$ 3,484 psf in Nov 2022 for a 603-sqft unit

Indicative average price from historical high

Office: -13.9%

Historical low

Office: S$ 279 psf in Aug 1996 for a 807-sqft unit

Note: *Based on transactions in the last 6 months. #Based on the street rental data in the last 6 months, may not be representative.

Location

Transaction Prices, Rents, Trends and Analysis

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Nearby properties

Price and rental comparisons (Up to 10)

Note: Excludes properties with no transactions in the past 6 months. *Prices and rents are based on data in the past 6 months. Rents are based on street names and may not be representative of the subject property.
Source: https://www.squarefoot.com.sg
Marker Project Type Tenure Distance
(m)
Lowest
price*
(S$ psf)
Average
price*
(S$ psf)
Highest
price*
(S$ psf)
Rental
25th*
(S$ psf pm)
Median
Rental*
(S$ psf pm)
Rental
75th*
(S$ psf pm)
Rental yield
(%)
TONG ENG BUILDING Office 999 Yrs FROM 1885 - 3,001 3,001 3,001 - 6.00 - 2.4
THE OCTAGON Office Freehold 55 2,500 2,500 2,500 - 6.00 - 2.9
PRUDENTIAL TOWER Office 99 Yrs FROM 1996 209 3,402 3,402 3,402 - 6.00 - 2.1
SAMSUNG HUB Office 999 Yrs FROM 1827 256 4,050 4,050 4,050 - 9.10 - 2.7
OXLEY TOWER Office Freehold 275 3,716 3,716 3,716 - 9.15 - 3.0
OXLEY TOWER Shop Freehold 275 4,081 6,963 8,537 - 7.30 - 1.3
SHENTON HOUSE Office 99 Yrs FROM 1969 277 1,900 1,900 1,900 - 6.90 - 4.4
SHENTON HOUSE Shop 99 Yrs FROM 1969 277 1,830 1,830 1,830 - 7.00 - 4.6
GB BUILDING Office 99 Yrs FROM 1982 285 1,429 1,663 1,950 - 6.00 - 4.3
ROBINSON SQUARE Office Freehold 332 2,829 2,829 2,829 - 9.15 - 3.9

Location of nearby properties

Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg

Nearby land sales / new launches

There are no nearby land sales or new launches

Disclaimer

This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely on any of the information herein as authoritative or substitute for the exercise of their own skill and judgment in making any investment or other decision. By the use of our services, you agree that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to Square Foot Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and comprehensive information to generate this report, but we make no representation that it is accurate or complete.

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