More about the Developer
Listed on the Mainboard of the Singapore Exchange, GSH Corporation Limited is a growing property developer in Southeast Asia, with three properties under development in Kuala Lumpur and Kota Kinabalu, Malaysia. It also owns the Sutera Harbour Resort in Kota Kinabalu, comprising two five-star hotels – the Pacific Sutera and Magellan Sutera Resort, a 104-berth marina and 27-hole championship golf course.
In June 2014, the Group led a consortium to acquire Equity Plaza, a landmark commercial property in the heart of Singapore’s financial and business district, Raffles Place.
To grow stakeholder value from delivering premium real estates and services for the residential, commercial and hospitality markets in Asia and beyond.
Creating world-class spaces for living, business and leisure.
|Secured Shareholders’ approval for diversification into property business|
|Appointment of renowned businessman, Mr Sam Goi as the Executive Chairman of the Group|
|Completed landmark acquisition of Sutera Harbour Resort and two adjacent land parcels in Kota Kinabalu, Sabah|
|Completed acquisition of a parcel of land in Kuala Lumpur|
|Completed acquisition of Equity Plaza in Singapore|
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138 Cecil Street, Cecil Court, Singapore 069538
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GSH Plaza – Prime Grade-A Strata Offices
GSH Plaza is strategically located within a one-minute walk to Raffles Place MRT Station and Telok Ayer MRT Station. Formally known as Equity Plaza which is an office building located in a Grade A location—in the heart of Central Business District (CBD). It is surrounded by other prominent office buildings such as Republic Plaza, One Raffles Place, UOB Plaza, OCBC Centre, One Raffles Quay, Asia Square and MBFC. As you can see, GSH Plaza will be standing in the same league.
Equity Plaza was acquired by the GSH-led consortium in 2014 for Singapore Dollars 550million. There has been extensive media coverage on this acquisition which you will be able to read about later on this page. The existing building will be refurbished and retrofitted to transform the building into a development comprising of retail, F&B and offices. With a 99-years leasehold tenure, GSH Plaza will undergo a vast transformation and see major enhancements to the 22-year old building. In fact, you may have also noticed that it perfectly encapsulates the intent of GSH Corporation to make this Grade-A office their flagship project. After all, of the 28 levels of GSH Plaza, the top-most two levels, i.e. levels 27 and 28, is reportedly being reserved by GSH Corporation for their own use. With such a strong vision and mandate behind the launch of GSH Plaza, it is not difficult to imagine the kind of quality that buyers and investors of GSH Plaza will be entreated to.
GSH Plaza is well-located and provides easy access via public transport networks. The Grade-A strata titled offices here is served by 3 MRT Lines via Raffles Place, Telok Ayer MRT as well as Downtown MRT stations. Commuters will be glad to know that the MRT Lines include North-South Line, East-West Line and the Downtown Line. This makes it convenient for those who work here in GSH Plaza to take the MRT. Motorists will also get to enjoy great convenience via the major arterial roads and expressways such as Nicoll Highway, AYE, CTE, ECP and the MCE.
Raffles Place, where GSH Plaza stands on, is a renown hotspot for businesses in the finance industry. As a testament of this success, the current building (Equity Plaza), is occupied mostly by financial and business sector related companies. After the revamp and retrofitting, GSH Plaza will become even more attractive to these companies.
GSH Plaza | Grade-A Offices | In the heart of the financial District |Rental yield and capital growth potential | Foreigners eligible |No Additional Buyer’s Stamp Duty (ABSD) | No Seller’s Stamp Duty (SSD)| No Agent Fee | Find out more from www.SingaporeCondominiums.ForSale now!
Video Showcase of GSH Plaza
|Developer||Plaza Ventures Pte. Ltd. (A Consortium comprising of GSH Corporation Limited, TYJ Group, Vibrant Group and DB2 Land)|
|Location/Address||20 Cecil Street Singapore 049705 (Former Equity Plaza)|
|Tenure||99 years lease from 7 December 1989|
(Balance with 73 years)
|Description||A Total of 280 units, of which:
A) Retail & F&B: 21 units
|Site Area||23,433 m2 (Approved GFA: 356,543 ft2)|
|Date of Vacant Possession under S&P||31 August 2017|
(Developer’s Target: Late 2016)
|UNIT MIX||Type||Typical Size||No. of units|
|Total 259 Office units||Strata-titled Office||480 – 1,700 sqft||259|
|Total 21 Commercial Units||F&B and Retail|