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Commercial Directory · Office · Retail · District 9

Tong Building

5 sales from Aug 2024 to Sept 2024, at a median $4,321 psf (Aug 2024 to Sept 2024).

District 9 At a glance

Median psf, all sales
$4,321
Sales since Aug 2024
5
Latest sale, Sept 2024
$4,878 psf
Tenure
Freehold

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5 sales Every sale

DateTypeLevelSq ftPricePsfSaleSeller boughtProfitA year
26 Sept 2024OfficeSeveral units6,867$33,500,000$4,878ResaleOct 2007, $10.63M$22.88M7.0%
26 Sept 2024OfficeSeveral units6,867$35,000,000$5,097ResaleOct 2007, $10.63M$24.38M7.3%
3 Sept 2024Office66,867$31,330,000$4,562Resale–––
3 Sept 2024OfficeSeveral units6,867$31,330,000$4,562Resale–––
7 Aug 2024Retail173,423$13,965,840$4,080Resale–––

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.

Tong Building Questions

How much does a unit at Tong Building cost?

2 unit sales at Tong Building from Aug 2024 to Sept 2024 went for $4,080 to $4,562 psf, a median $4,321 psf on units of 3,423 to 6,867 sq ft. The latest, in Sept 2024, was $33,500,000 for 6,867 sq ft ($4,878 psf).

What kind of property is Tong Building?

The sales here are office and retail units in District 9 (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 9 Nearby buildings

All 302 buildings