🇸🇬Singapore·Southeast AsiaASEAN
Institutional Advisory23 Active Mandates
retailUnder Offer
Ion Orchard — Select Retail Units
2 Orchard Turn, Singapore 238801
Price
S$45,000,000
PSF
S$12,000
Net Yield
4%
Cap Rate
4.35%
Executive Summary
Rare opportunity to acquire strata retail units within Singapore's premier luxury shopping mall. Ion Orchard commands the highest footfall in Singapore with direct Orchard MRT connectivity. Units are leased to luxury brands with long-term tenancies.
Investment Highlights
- Ion Orchard — Singapore's #1 luxury mall
- Direct Orchard MRT (NS22/TE14) connectivity
- 100% occupied by luxury retail tenants
- Strata title — flexible ownership structure
Asset Specifications
Level 1 and B1 units available
High ceiling clearance (5.5m)
Shared atrium and event space access
24/7 security and concierge
Valet parking service
Financial Summary
Asking PriceS$45,000,000
Price per sqftS$12,000
Net Lettable Area3,750 sqft (348 sqm)
Gross Yield4%
Capitalisation Rate4.35%
Occupancy Rate100%
WALE4.5 years
Year Built2009
Last Refurbished2023
Location
Map — 1.3048, 103.8318
Orchard (NS22/TE14)Somerset (NS23)
Exclusive Mandate
Direct representation by Murivest
Total Area
3,750 sqft
Documents
Mandated Advisor
Victoria Chen
singapore@murivest.com
+65 6123 4568
All information is confidential and provided for qualified investors only. Past performance is not indicative of future returns. All figures are indicative and subject to final due diligence. Murivest Realty Pte Ltd — Licensed Real Estate Agency.