Freehold strata office floor in Hexacube up for grabs

It is located near the Paya Lebar precinct.

A freehold strata office floor at the 5-storey commercial development Hexacube has been put into sale through an Expression of Interest exercise.

Located near Paya Lebar precinct and along Changi Road, Hexacube has a 25-metre wide main road frontage and commands excellent visibility. According to JLL, it was formerly used by AIA Singapore as part of their agency operations and was acquired by Wealth Development which redeveloped the property.

Indicative price for the property sits at $21.6m, which reflects approximately $1,700 psf on the existing strata area.

As the property sits on land zoned for commercial use, foreigners are eligible to purchase the property. There is no Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD) imposed on the purchase of the property.

Here's more from JLL:

The development comprises of shops and restaurants on basement 1 up to level 2, and offices on level 3 to 5. The subject property, located on the highest floor of the development, has a total strata area of approximately 12,712 sq ft. It comprises of a double volume office space on level 5 and a mezzanine floor, allowing for flexible space planning. The property is being offered for sale with vacant possession.

Hexacube is highly accessible, being located 150-metres from Eunos MRT station and served by bus services which are conveniently located along Changi Road. It is well connected to all parts of Singapore via the East Coast Parkway (ECP), Kallang Paya Lebar Expressway (KPE) and Pan Island Expressway (PIE). It is within a short 10 to 15 minutes’ drive to the Central Business District (CBD).