This is a RARE Beauty and you can't get better than the address - One Philip Street located right in the very heart of the Bankiing and CBD centre. This is the center of universe !! This is a 999-year leasehold property with granite wall - absolute beauty. If we are successful, I guarantee you that it will be the PRIDE of Mr T. The building is superbly well maintained and if we miss this one, hard to find another close to this
1st Update (2:37 pm) 11 July
An update on this property -
1) Error - this is a 999 yrs leasehold and not freehold property.
2) Present rental of $10.80psf for existing tenants.
3) Offer of $93m Owner not enthusiastic.
4) Will sign Option immediately if purchaser gives a cheque of 1% to close deal at S$95m
2nd Update: 12:19pm 12 July
I checked the caveats lodged for the last transactions done in May & June.
a) 5/6/071 Finlayson Green Land area : 8334.57 sq ftPsf price : $27,701.51
b) 11/5/07120 Robinson RoadLand area: 7214.03 sq ftPsf price: $17,743.20
c) So for 1 Phillip StreetLand area: 4015 sq ft Psf price: $23,661.27
Front of Building - NO 1 PHILIP STREET
Glass Door entrance
Office lobby with 3 elevators ( 2 passenger, 1 cargo)
View from across the street
View from across the street 
Side View
Full view od the building 
5th Floor of the building - very clean and well maintained
Current tenant includes medical clinics
Opposite No 1 Philip Street is Singapore 2nd largest bank
UOB Bank - 66 storey HQ
Behind is Singapopre 3rd largest Bank - OCBC bank
No. 1 Phillip Street.Below are the details of the building:
1. Freehold property (the only freehold property left in this CBD area)
2. 16 storeys including a Penthouse and two entrance lobbies.
3. Strata subdivide into 14 units all presently tenanted
4. Size of site: 4,015 sq ft5.
Plot ratio: 12.66.
GFA: 52,907 sq ft.
NFA: 36,292 sq ft
A&A done: Around 5 years ago
Asking price: S$95,000,000
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