Prime High-Floor Office Spaces Available for Sale at Fortune Centre Singapore – A Strategic Commercial Property Investment in District 07
Prime High-Floor Office Spaces Available for Sale at Fortune Centre Singapore – A Strategic Commercial Property Investment in District 07
Executive Summary: A Rare Opportunity to Own Commercial Office Space in Central Singapore
Singapore remains one of the world’s most attractive destinations for commercial property investment. With strong governance, a transparent legal framework, robust infrastructure, and sustained demand from global businesses, the city-state consistently ranks among the top real estate investment markets globally. Within this highly competitive environment, prime high-floor office spaces available for sale at Fortune Centre Singapore stand out as a compelling opportunity for investors, business owners, and foreign buyers seeking long-term value.
Located at 190 Middle Road, Singapore 188979, Fortune Centre offers commercial office units in the heart of District 07 (Beach Road / Bugis / Rochor). These office units are strategically positioned within a vibrant commercial and cultural zone, supported by excellent MRT connectivity, major expressway access, and a dense network of amenities.
With no Additional Buyer’s Stamp Duty (ABSD), no Seller’s Stamp Duty (SSD), and no foreign ownership restrictions, Fortune Centre commercial offices represent a cost-efficient, flexible, and high-potential investment in Singapore’s commercial real estate landscape.
Understanding the Importance of Location in Commercial Real Estate Investment
In commercial property investment, location is the single most critical factor influencing long-term value, rental demand, and exit liquidity. Fortune Centre is situated in one of Singapore’s most established and dynamic locations, bridging the Central Business District, Bugis, Rochor, and the civic and education belt.
Why District 07 is a High-Performing Commercial Zone
District 07 is widely recognized as a mixed-use commercial and lifestyle district that benefits from:
- Proximity to the CBD and Marina Bay
- Strong demand from professional firms and SMEs
- Accessibility to multiple MRT lines
- Cultural and tourism footfall
- Limited new commercial supply
Commercial properties in District 07 consistently attract tenants from legal firms, design studios, technology startups, consultancy firms, medical practices, education providers, and regional offices.
Fortune Centre Singapore: Property Overview and Background
Fortune Centre is a well-established mixed-use development that has maintained its relevance through its strategic location, functional layouts, and strong accessibility. Unlike newer office developments that command significantly higher price per square foot, Fortune Centre offers value-driven commercial office ownership without compromising on location.
Key Property Information
- Property Name: Fortune Centre
- Address: 190 Middle Road, Singapore 188979
- District: D07 – Beach Road / Bugis / Rochor
- Category: Commercial Property
- Property Type: Office
- Tenure: 99-year leasehold (commencing from 18 October 1980)
- Floor Level: High floor
- Condition: Partially fitted
- Air Conditioning: Available
- Car Parking: Available within the building
Available High-Floor Office Units at Fortune Centre
One of the key advantages of this offering is the availability of multiple unit sizes, allowing buyers to choose according to their business needs or investment strategy.
Office Unit Size Options
- 1,625 square feet
- 1,668 square feet
- 1,755 square feet
- 2,217 square feet
- 2,239 square feet
- 4,941 square feet
These sizes cater to:
- Small to medium enterprises
- Professional service firms
- Regional headquarters
- Co-working operators
- Investment portfolios
The high-floor positioning provides better views, improved natural ventilation, and enhanced corporate image for businesses occupying the space.
Pricing and Value Proposition
Competitive Pricing in Central Singapore
- Indicative Price: From S$2,568,000
- Price Per Square Foot: Approximately S$1,463 to S$1,509 psf
When compared to Grade A office buildings in the CBD where prices can exceed S$2,500 to S$3,500 psf, Fortune Centre offers an attractive entry point into central Singapore commercial real estate.
Cost Efficiency for Investors and Owner-Occupiers
Lower acquisition costs, combined with low maintenance fees and strong rental demand, significantly improve net yields and long-term investment performance.
Tax Advantages and Ownership Benefits
No Additional Buyer’s Stamp Duty (ABSD)
Commercial properties in Singapore are exempt from ABSD. This immediately reduces upfront capital outlay, especially for investors owning multiple properties.
No Seller’s Stamp Duty (SSD)
There is no mandatory holding period, providing investors with maximum flexibility to sell when market conditions are favorable.
Foreign Ownership with No Restrictions
Foreign buyers and Permanent Residents are fully eligible to purchase commercial office units at Fortune Centre without approval restrictions, making it highly attractive to international investors.
Layout Efficiency and Office Design Flexibility
Column-Free Floor Plates
The office units feature efficient, column-free layouts, allowing for optimal space planning and customization. This is particularly valuable for businesses requiring adaptable office configurations.
Flexible Interior Fit-Out Options
Owners can design spaces suitable for:
- Open-plan workstations
- Executive offices
- Meeting and conference rooms
- Training rooms
- Hybrid work environments
Natural Light and Productivity
Large windows allow ample natural light to penetrate the office space, contributing to improved employee well-being, productivity, and energy efficiency.
Low Maintenance Fees and Operational Efficiency
Operating costs play a crucial role in commercial property ownership. Fortune Centre is known for its super low maintenance fees, which enhance net rental yield and reduce long-term ownership expenses.
This cost efficiency makes the property attractive to both owner-occupiers and investors focused on sustainable cash flow.
Building Facilities and Accessibility
Parking Facilities
- Season parking for tenants
- Hourly parking for visitors and clients
Parking convenience is a key consideration for businesses with frequent client visits or staff commuting by car.
Expressway Connectivity
Fortune Centre is easily accessible via:
- Central Expressway (CTE)
- East Coast Parkway (ECP)
- Ayer Rajah Expressway (AYE)
This ensures smooth connectivity to the CBD, Marina Bay, Orchard Road, and residential areas across Singapore.
Exceptional MRT Connectivity and Public Transport Access
Public transport accessibility significantly impacts office desirability. Fortune Centre is within walking distance to multiple MRT stations across several major lines.
Nearby MRT Stations
- Bugis MRT (EW12 / DT14)
- Rochor MRT (DT13)
- Bencoolen MRT (DT21)
- Bras Basah MRT (Circle Line)
- Little India MRT (Downtown Line / North East Line)
This multi-line connectivity provides unparalleled convenience for employees, clients, and tenants.
Retail, Dining, and Lifestyle Amenities Surrounding Fortune Centre
The surrounding environment plays a vital role in employee satisfaction and tenant retention. Fortune Centre is surrounded by a wide array of amenities, including:
- Bugis Junction
- Bugis+
- Bugis Street
- Cafes, restaurants, and food courts
- Banks and financial institutions
- Hotels and serviced apartments
This ecosystem supports a balanced work-life environment and enhances the attractiveness of the office location.
Target Buyer Profiles
Owner-Occupiers
Businesses seeking long-term stability, branding advantages, and cost control benefit from owning their office space rather than leasing.
Investors
Investors benefit from:
- Strong rental demand
- Central location
- Attractive price entry point
- Stable capital appreciation
- High liquidity
Foreign Investors
International buyers seeking exposure to Singapore’s stable commercial property market find Fortune Centre an ideal choice due to its unrestricted ownership and competitive pricing.
Rental Demand and Market Outlook
District 07 continues to experience steady demand for office space driven by:
- SMEs relocating from CBD due to cost pressures
- Growth in professional services
- Expansion of creative and tech industries
- Education and training providers
Limited supply of strata-titled commercial offices further strengthens rental and resale prospects.
Long-Term Capital Appreciation Potential
Singapore’s land scarcity, combined with strict zoning regulations, ensures that centrally located commercial properties retain long-term value. Fortune Centre’s strategic location positions it well for future appreciation driven by:
- Urban rejuvenation
- Infrastructure enhancements
- Continued economic growth
Why Fortune Centre Stands Out Among Commercial Properties
Compared to other commercial buildings in the Bugis and Rochor area, Fortune Centre offers:
- Lower entry price
- Flexible unit sizes
- Strong accessibility
- Proven tenant demand
- Lower holding costs
These factors collectively enhance its attractiveness as a commercial investment.
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Contact Details for Viewing and Enquiries
To arrange a private viewing or receive detailed floor plans and pricing information, please contact:
Contact Person: Desmond
Phone Number: +65 8448 5588
Direct enquiries are encouraged for serious buyers and investors.
Final Conclusion
The Prime High-Floor Office Spaces Available for Sale at Fortune Centre Singapore present a compelling opportunity to secure a centrally located commercial asset in one of Singapore’s most resilient districts. With strong fundamentals, excellent accessibility, flexible layouts, and investor-friendly policies, Fortune Centre remains a strategic choice for businesses and investors seeking long-term value.
Opportunities to own commercial office space in central Singapore are increasingly limited. Early engagement is highly recommended.