Parkway Shenton: Unveiling the Gateway to Raffles Place
Introduction:
Nestled amidst the bustling heart of Singapore's business district, Parkway Shenton stands as a beacon of convenience and luxury. This 48-story skyscraper seamlessly connects commuters and residents to the vibrant Raffles Place financial hub, offering an unparalleled urban experience.
Connectivity:
Parkway Shenton boasts exceptional connectivity with the rest of Singapore.
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MRT: The Shenton Way MRT station is located directly beneath the building, offering access to the North-South and East-West Lines.
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Bus Interchanges: The Tanjong Pagar Bus Interchange and the Shenton Way Bus Stop are both within proximity, providing numerous bus services.
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Pedestrian Linkways: Covered pedestrian linkways connect Parkway Shenton to nearby buildings, malls, and landmarks.
Amenities and Facilities:
Parkway Shenton is not just a commercial hub; it also features an array of amenities to cater to the needs of its occupants.
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Retail Space: The ground floor houses retail outlets, offering a wide range of options for shopping, dining, and everyday necessities.
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Fitness Centre: A fully equipped fitness centre allows tenants to maintain their health and well-being conveniently.
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Rooftop Garden: A landscaped rooftop garden provides a tranquil escape from the city's hustle and bustle, with stunning views of the surrounding cityscape.
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Parking: Ample parking space is available within the building for both tenants and visitors.
Office Spaces:
Parkway Shenton offers a range of office spaces to accommodate the diverse requirements of businesses.
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Flexible Units: From small units perfect for start-ups to larger spaces for established corporations, Parkway Shenton provides flexible lease terms and configurations.
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High-Quality Finishes: Offices feature modern design elements, abundant natural light, and state-of-the-art infrastructure.
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Smart Office Features: Intelligent technology and connectivity solutions enhance productivity and efficiency within the workspaces.
Location:
The strategic location of Parkway Shenton offers several advantages.
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Proximity to Financial Hub: Situated at the gateway to Raffles Place, Parkway Shenton is within walking distance of the Central Business District (CBD).
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Lifestyle Conveniences: The surrounding area abounds with restaurants, bars, and entertainment venues, catering to the social and leisure needs of tenants.
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Accessibility: Parkway Shenton is easily accessible from all parts of Singapore via public transport or expressways.
Environmental Sustainability:
Parkway Shenton is committed to environmental sustainability.
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BCA Green Mark Platinum: The building has achieved the highly coveted BCA Green Mark Platinum certification, recognizing its energy efficiency and environmental friendliness.
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Energy-Saving Features: Advanced lighting systems, energy-efficient appliances, and centralized air-conditioning optimize energy consumption.
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Green Spaces: The rooftop garden and lush landscaping throughout the building contribute to a healthier indoor environment.
Reputation and Awards:
Parkway Shenton has consistently earned recognition for its exceptional quality.
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World Architecture News Award: In 2018, the building won the highly prestigious "Winner - New Build Projects" award by World Architecture News.
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FIABCI Singapore Property Award: Parkway Shenton was awarded the "Commercial Development" category in the 2018 FIABCI Singapore Property Awards.
Investing in Parkway Shenton:
Parkway Shenton presents an attractive investment opportunity for both individuals and institutional investors.
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High Rental Yields: Office spaces in Parkway Shenton command premium rental rates, generating stable income streams.
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Capital Appreciation Potential: The building's desirable location and amenities ensure long-term capital appreciation.
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Government Incentives: Government schemes provide tax incentives for commercial property investments, enhancing returns.
Conclusion:
Parkway Shenton is more than just a commercial property; it is a vibrant gateway to Singapore's financial epicenter, Raffles Place. Its exceptional connectivity, amenities, office spaces, strategic location, environmental sustainability, reputation, and investment potential make it an irresistible destination for businesses and investors alike.
Additional Information:
Table 1: Retail Tenancy Profile
Tenant Category |
Number of Units |
Food and Beverage |
12 |
Retail |
7 |
Services |
3 |
Total |
22 |
Table 2: Office Unit Distribution
Unit Size (sqft) |
Number of Units |
Below 1,000 |
20 |
1,000 - 2,000 |
35 |
2,000 - 5,000 |
25 |
Above 5,000 |
15 |
Total |
95 |
Table 3: Rental Rates
Unit Size (sqft) |
Monthly Rental Rate (psf) |
Below 1,000 |
SGD 10.50 - SGD 12.00 |
1,000 - 2,000 |
SGD 9.50 - SGD 11.00 |
2,000 - 5,000 |
SGD 9.00 - SGD 10.50 |
Above 5,000 |
SGD 8.50 - SGD 10.00 |
Table 4: Sale Prices
Unit Size (sqft) |
Sale Price (psf) |
Below 1,000 |
SGD 3,500 - SGD 4,000 |
1,000 - 2,000 |
SGD 3,000 - SGD 3,500 |
2,000 - 5,000 |
SGD 2,500 - SGD 3,000 |
Above 5,000 |
SGD 2,000 - SGD 2,500 |