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Peninsula Plaza retail units up for sale

Newsflash Asia

- December 2, 2025

Cushman & Wakefield has announced the sale of two 999-year strata retail units at Peninsula Plaza, strategically located in Singapore’s Downtown Core. These units, featuring prominent facade display windows and prime escalator frontage, are available through an Expression of Interest (EOI) exercise, closing on 15 January 2026.

Situated opposite the City Hall MRT Interchange, the retail units benefit from high footfall, surrounded by major institutions like the Supreme Court and National Gallery Singapore. The combined strata area of the units is approximately 330 sq m, with the option to purchase them individually or collectively. The larger unit, measuring 228 sq m, boasts six display windows along Peninsula Plaza’s main facade, offering significant branding opportunities.

Shaun Poh, Executive Director of Capital Markets at Cushman & Wakefield, highlighted the units’ prime location and visibility, stating they are ideal for retail or lifestyle concepts seeking maximum exposure. The area’s proximity to major office towers and cultural landmarks ensures a steady catchment of office workers, tourists, and regular patrons.

The sale presents a rare opportunity for investors and owner-occupiers, with no Additional Buyer’s Stamp Duty payable, and eligibility extended to both foreigners and companies. The units’ accessibility, being near multiple MRT stations, further enhances their investment appeal.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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