# Two Springleaf Tower Office Floors For Sale At $54.15M

- **Source:** Stacked Homes
- **Published:** 2026-09-01T10:11:46.000Z
- **Author:** Sihan Chia
- **Original:** https://stackedhomes.com/two-full-floors-at-this-tanjong-pagar-tower-are-asking-54-15m/
- **Topics:** Commercial & Industrial, Government & Policy, Transactions & Deals

## Featured rationale

Tightly held ownership, CBD strata-subdivision restrictions and six consecutive quarters of Grade A rental growth signal scarcity that could support demand for whole-floor offices.

## AI summary

Two full office floors at Springleaf Tower are offered via EOI for a collective $54.15 million, equivalent to approximately $2,623 psf.

## Original article

Two full floors at the 37-storey Springleaf Tower are on the market at the collective guide price of $54.15 million. The office floors span a combined strata area of 20,645 sq ft and can be sold separately or together, according to joint marketing agents CBRE and Sakal Real Estate.

The guide price translates to approximately $2,623 psf. The individual floor pricing starts from $25.65 million for the lower floor unit. The properties will be sold in an Expression of Interest (EOI) exercise. According to the marketing agencies, the sale will not attract any Additional Buyers’ Stamp Duty (ABSD) or Sellers’ Stamp Duty (SSD).

“This offering serves as a good opportunity for an occupier or an investor to purchase a high-quality strata office. Office floors within Springleaf Tower are tightly held by a very small number of owners and the opportunity to acquire an entire level, especially one located on a high floor, is rare and hard to come by,” says Michael Tay, Deputy Managing Director and Head of Capital Markets at CBRE Singapore.

In the heart of Tanjong Pagar and the CBD

Fronting Anson Road and located opposite International Plaza, another landmark commercial building, Springleaf Tower is one of the prominent office and commercial buildings in Tanjong Pagar.

At street level, the building’s grand marble-clad entrance lobby is about three storeys high, and there is also a covered car drop off point on the 2nd floor. The property has a carpark that spans the third to fifth floors, with a total of 131 lots.

Springleaf Tower is close to two MRT stations, Tanjong Pagar on the East-West Line and the new Prince Edward Road station on the Circle Line. There are several retail F&B options in the area, including Amoy Street Food Centre, Maxwell Food Centre, Lau Pa Sat Food Centre, as well as eateries along the Telok Ayer / Amoy Street conservation shophouses.

Springleaf Tower is directly connected to Tanjong Pagar MRT station via an underground walkway. (Map: URA)

According to the marketing agents, Springleaf Tower consistently enjoys a high occupancy rate and a strong tenant profile across a diverse trade sector mix. Most office tenants occupy a full floor, which comes with exclusive use of the lift lobby, restrooms, and pantry on each level.

Each office floor boasts a prominent office entrance frontage, with premium specifications including a column-free layout, raised flooring, good floor-to-ceiling height, and Variable Refrigerant Volume (VRV) air-conditioning for independent floor operation.

Based on transaction records, the most recent office deal at Springleaf Tower was a 10,742 sq ft unit on the 31st floor that fetched $27.4 million ($2,550 psf) when it was sold in November 2022. Before that, a 21,485 sq ft unit on the 29th floor changed hands for $53.9 million ($2,510 psf) after it was also sold in November 2022.

Steven Ming, Managing Director at Sakal Real Estate says: “With URA implementing restrictions on strata subdivision of commercial properties within the CBD and continued positive outlook for the office market, we anticipate keen interest in this opportunity given its attributes and continued demand for strata office floors.”

The Downtown area’s transformation

The government is working on several initiatives to transform the existing Central Business District (CBD) and the downtown area into a more mixed use and vibrant precinct. Redevelopment and rejuvenation schemes aim to encourage the owners of older developments in Raffles Place and Tanjong Pagar to include more public spaces, day and night amenities, as well as enhance the existing pedestrian connectivity.

The Anson-Tanjong Pagar area, in particular, has been earmarked as a future mixed-use urban neighbourhood adjacent to existing residential communities in Cantonment and Spottiswood Park.

Lately, redevelopment activities in the vicinity have also picked up pace. Four new office developments – Newport Plaza, The Skywaters, 15 Hoe Chiang Road and Keppel South Central – look set to introduce new mixed-use projects and luxury residences in the city. Some of these projects are supported by the government’s Central Business District Incentive (CBDI) scheme.

Springleaf Tower. (Picture: CBRE/Sakal)

The precinct’s lasting appeal is evident from the presence of MNCs that span a wide range of industries, including banking, insurance, automotive, technology, and consultancy firms. Moreover, the area’s long-term growth prospects are set to be further strengthened by the gradual development of the Greater Southern Waterfront.

This wide-ranging urban transformation plan – which stretches from Pasir Panjang to Marina South – is expected to have a positive knock-on effect on the capital values and rentals of existing commercial developments in the CBD.

The sale of the two office floors at Springleaf Tower represents a good opportunity for end-user occupiers to acquire quality premises for their own operations and be located amongst some of the multinational corporations (MNC) in the locale, says Tay of CBRE.

Singapore’s Downtown district will transition from a largely commercial area today to a mixed-use area over the upcoming years. (Graphic: URA)

New Grade A office scarcity in the CBD drives up demand for high-quality office space

Strata titled commercial properties in the CBD continue to be highly sought after, due to the limited new supply. The upward pricing trend is also driven by the scarcity value of owning an entire floor in a Grade A commercial building.

Data from CBRE shows that Grade A office rents have recorded sixth consecutive quarterly growth to increase 1.6% in the first half of 2026. In today’s market, potential occupiers may increasingly lean towards owning rather than leasing offices.

In March 2026, the final freehold office floor at 108 Robinson Road was up for sale at $16.2 million ($3,725 psf), after undergoing a comprehensive Asset Enhancement Initiative in 2023. Most industry analysts, including Sakal, have shared that properties in the CBD and city fringe locations remain a draw due to Singapore’s status as a safe haven market, especially in the midst of ongoing geopolitical tensions.

The EOI exercise for the sale of the two office floors at Springleaf Tower will close on October 1.

## Chinese translation

> Translation model: grok_cli

### 春叶大厦两层整层办公楼以新币5415万元挂售

CBRE与Sakal Real Estate正通过意向书（EOI）推出丹戎巴葛春叶大厦两层整层办公楼，指导价为新币5415万元，约合每平方英尺新币2623元，且无需缴纳额外买方印花税（ABSD）或卖方印花税（SSD）。

37层春叶大厦（Springleaf Tower）的两层整层办公楼现以合计指导价新币5415万元挂牌出售。据联合营销代理CBRE与Sakal Real Estate称，这两层办公楼合计分层面积为20,645平方英尺，可分开或一并出售。

该指导价约合每平方英尺新币2623元。单层定价从较低楼层单位的新币2565万元起。有关物业将通过意向书（EOI）程序出售。营销代理表示，此次交易无需缴纳额外买方印花税（ABSD）或卖方印花税（SSD）。

CBRE新加坡副董事总经理兼资本市场主管Michael Tay表示：“此次推出为自用业主或投资者提供了购入优质分层办公楼的良机。春叶大厦内的办公楼层由极少数业主紧密持有，要收购整层、尤其是高楼层，机会十分罕见、可遇不可求。”

坐落丹戎巴葛与中央商务区核心

春叶大厦面向安顺路（Anson Road），对面是另一座地标性商业大厦国际广场（International Plaza），是丹戎巴葛区内著名的办公与商业大厦之一。

地面层设有约三层楼高、以大理石铺设的宏伟入口大堂，二楼还有有盖落客点。大厦停车场横跨三至五楼，共有131个车位。

春叶大厦邻近两座地铁站，分别是东西线的丹戎巴葛站，以及环线新建的爱德华太子路站（Prince Edward Road）。周边有多家零售餐饮选择，包括厦门街熟食中心（Amoy Street Food Centre）、麦士威熟食中心（Maxwell Food Centre）、老巴刹熟食中心（Lau Pa Sat Food Centre），以及直落亚逸／厦门街（Telok Ayer / Amoy Street）保育店屋沿线的食肆。

春叶大厦通过地下通道直接连通丹戎巴葛地铁站。（地图：市区重建局URA）

营销代理称，春叶大厦一直保持高出租率，租户素质良好，涵盖多元行业组合。多数办公租户承租整层，并可独占每层的电梯大堂、洗手间和茶水间。

每层办公楼均拥有醒目的入口门面，优质规格包括无柱布局、架空地板、良好层高，以及可变制冷剂流量（VRV）空调系统，可实现楼层独立运作。

根据交易记录，春叶大厦最近一宗办公物业成交是2022年11月售出的31楼一套10,742平方英尺单位，成交价为新币2740万元（每平方英尺新币2550元）。此前，29楼一套21,485平方英尺单位同样于2022年11月易手，成交价为新币5390万元（每平方英尺新币2510元）。

Sakal Real Estate董事总经理Steven Ming表示：“随着市区重建局（URA）对中央商务区内商业物业分层分割实施限制，加上办公楼市场前景持续向好，鉴于本项目的素质及市场对分层办公楼层的持续需求，我们预计此次机会将吸引热烈兴趣。”

市中心区的转型

政府正推进多项举措，将现有中央商务区（CBD）与市中心区转型为更混合用途、更具活力的街区。重建与焕新计划旨在鼓励莱佛士坊和丹戎巴葛较旧发展项目的业主增设更多公共空间、日夜间设施，并加强现有步行连通性。

其中，安顺－丹戎巴葛一带已被指定为未来的混合用途城市社区，毗邻坎东民（Cantonment）和士博士活园（Spottiswood Park）现有住宅区。

近日，周边重建活动也明显加快。四座新办公发展项目——Newport Plaza、The Skywaters、合春路15号（15 Hoe Chiang Road）和吉宝南中心（Keppel South Central）——有望为市区引入新的混合用途项目及豪华住宅。其中部分项目获政府中央商务区激励计划（CBDI）支持。

春叶大厦。（图片：CBRE/Sakal）

该区持久吸引力体现在多家跨国企业（MNC）进驻，涵盖银行、保险、汽车、科技和咨询等广泛行业。此外，大南部滨水区（Greater Southern Waterfront）的逐步发展，预计将进一步强化该区的长期增长前景。

这项涵盖范围广泛的城市转型计划——从巴西班让延伸至滨海南——预计将对中央商务区内现有商业发展项目的资本价值和租金产生正面连锁效应。

CBRE的Tay表示，春叶大厦这两层办公楼的出售，为终端自用业主提供了购入优质办公空间的良机，并可与该区部分跨国企业（MNC）为邻。

未来数年，新加坡市中心区将从目前以商业为主的区域，转型为混合用途街区。（图表：市区重建局URA）

中央商务区新增甲级办公楼稀缺，推高优质办公空间需求

由于新增供应有限，中央商务区内的分层地契商业物业持续备受追捧。价格上行趋势也受到在甲级商业大厦拥有整层所具有的稀缺价值推动。

CBRE数据显示，甲级办公楼租金已连续六个季度增长，2026年上半年升幅达1.6%。在当前市场中，潜在用家可能越来越倾向于购入而非租赁办公楼。

2026年3月，罗敏申路108号（108 Robinson Road）最后一层永久地契办公楼在2023年完成全面资产提升计划后挂牌，售价为新币1620万元（每平方英尺新币3725元）。包括Sakal在内的多数业内分析师表示，由于新加坡作为避风港市场的地位，尤其是在地缘政治紧张持续的背景下，中央商务区及市区边缘地段的物业仍具吸引力。

春叶大厦这两层办公楼的意向书（EOI）程序将于10月1日截止。