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Commercial Directory · Office · District 1

The Octagon

1 sale from Apr 2024 to Apr 2024, at a median $3,033 psf (Apr 2024 to Apr 2024).

District 1 At a glance

Median psf, all sales
$3,033
Sales since Apr 2024
1
Latest sale, Apr 2024
$3,033 psf
Tenure
Freehold

1 of 1 sellers with a known purchase price sold for more than they paid; the median made 5.0% a year.

Buying or selling at The Octagon?

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1 sales Every sale

DateTypeLevelSq ftPricePsfSaleSeller boughtProfitA year
5 Apr 2024Office31,302$3,950,000$3,033ResaleAug 2017, $2.87M$1.08M5.0%

URA Realis caveats via Huttons, to 13 Oct 2026. Sq ft is the strata area. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.

The Octagon Questions

How much does a unit at The Octagon cost?

1 unit sale at The Octagon from Apr 2024 to Apr 2024 went for $3,033 to $3,033 psf, a median $3,033 psf on units of 1,302 to 1,302 sq ft. The latest, in Apr 2024, was $3,950,000 for 1,302 sq ft ($3,033 psf).

Did sellers at The Octagon make money?

1 of 1 resale where the caveat shows the purchase price sold for more than the seller paid. The median seller made $1.08M, 5.0% a year, before stamp duty, GST, fees and the rent collected while they held it.

What kind of property is The Octagon?

The sales here are office unit in District 1 (Core Central Region), most on a freehold title. Commercial units carry no Additional Buyer’s Stamp Duty and cannot be bought with CPF.

Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.

District 1 Nearby buildings

All 302 buildings