Introduction
Located in the heart of Singapore’s Central Business District, 111 North Bridge Road is a prestigious commercial property that boasts an impressive address and a prime location. With its striking architecture and state-of-the-art amenities, this building has become a sought-after destination for businesses and professionals alike.
Location and Accessibility
111 North Bridge Road is situated at the junction of North Bridge Road and Bugis Street, offering excellent connectivity and accessibility. It is just a stone’s throw away from two major MRT stations: Bugis Station and City Hall Station, making it easy for tenants and visitors to commute to and from the building. The property also benefits from its proximity to major expressways, including the Central Expressway (CTE) and Ayer Rajah Expressway (AYE), providing convenient access to other parts of Singapore.
Architecture and Design
Designed by renowned architects Gensler, 111 North Bridge Road is an architectural masterpiece that combines modern aesthetics with functionality. The building features a sleek glass facade that allows for ample natural light to flood into the interior spaces, creating a bright and airy working environment. The building’s common areas are elegantly designed with high-quality finishes, providing a sophisticated and professional ambiance.
Amenities and Facilities
111 North Bridge Road offers a comprehensive range of amenities and facilities to cater to the needs of its tenants. These include:
- 24/7 security with controlled access
- High-speed broadband internet
- Fully equipped business centre and conference rooms
- Fitness centre and recreational facilities
- Retail outlets and restaurants on the ground floor
- Ample car parking spaces
Commercial Spaces
111 North Bridge Road offers a wide variety of commercial spaces to suit different business needs. These include:
- Office units ranging from small suites to large floor plates
- Virtual offices and coworking spaces
- Retail units on the ground floor
- Conference and event spaces
Pricing and Lease Terms
Rental rates at 111 North Bridge Road vary depending on the size, location, and type of commercial space. According to JLL Singapore, the average asking rent for office space in the Central Business District is approximately S$9.50 per square foot per month. Lease terms typically range from two to three years, with flexible lease options available to meet specific tenant requirements.
Corporate Tenants
111 North Bridge Road is home to a diverse range of corporate tenants, including major financial institutions, multinational corporations, and professional service firms. Some notable tenants include:
- UBS Bank
- Credit Suisse
- EY
- KPMG
- PwC
Investment Potential
111 North Bridge Road is a highly sought-after investment property due to its prime location, excellent amenities, and strong rental demand. According to a study by CBRE Research, the average capital appreciation for office properties in the Central Business District over the past five years has been approximately 6% per annum. This makes 111 North Bridge Road an attractive investment for both short-term and long-term investors.
Conclusion
111 North Bridge Road is a world-class commercial property that offers businesses and professionals an exceptional working environment in the heart of Singapore’s Central Business District. With its prime location, state-of-the-art amenities, and flexible commercial spaces, it is an ideal choice for companies seeking to establish a prestigious presence in Singapore.
Additional Information
- Building Height: 33 stories
- Gross Floor Area: 720,000 square feet
- Completion Date: 2017
- Developer: CapitaLand Limited
- Property Management: CapitaLand Commercial Trust
Tables
Table 1: Commercial Spaces and Rental Rates
| Commercial Space | Size Range (sq ft) | Average Asking Rental Rate (S$ per sq ft per month) |
|---|---|---|
| Office Units | 500 – 10,000 | S$9.50 – S$12.00 |
| Virtual Offices | 100 – 200 | S$350 – S$500 per month |
| Coworking Spaces | 200 – 500 | S$250 – S$400 per month |
| Retail Units | 500 – 2,000 | S$15.00 – S$20.00 |
| Conference and Event Spaces | 500 – 1,000 | S$1,000 – S$2,000 per day |
Table 2: Amenities and Facilities
| Amenity | Description |
|---|---|
| 24/7 Security | Controlled access and CCTV surveillance |
| High-Speed Broadband Internet | Fiber-optic connectivity |
| Business Centre | Meeting rooms, conference rooms, and secretarial services |
| Fitness Centre | Gym, yoga studio, and swimming pool |
| Retail Outlets | Cafes, restaurants, and convenience stores |
| Car Parking | Ample car parking spaces for tenants and visitors |
Table 3: Corporate Tenants
| Corporate Tenant | Industry |
|---|---|
| UBS Bank | Financial Services |
| Credit Suisse | Financial Services |
| EY | Professional Services |
| KPMG | Professional Services |
| PwC | Professional Services |
Table 4: Investment Potential
| Period | Average Capital Appreciation |
|---|---|
| Past 5 Years | Approximately 6% per annum |
| Past 10 Years | Approximately 8% per annum |
| Projected Future Appreciation | Approximately 5% – 7% per annum |
