Ngee Ann City Property

Ngee Ann City's distinctive architecture and its wide Orchard Road frontage makes it one of the most prominent landmark along Orchard Road. Apart from being one of the most popular shopping destinations among the affluent, the young and the family crowd, its outstanding retailers and restaurants make it a favourite destination of tourists and business travellers from the many hotels located in the Orchard Road vicinity. Located next to Wisma Atria, Ngee Ann City is easily accessible via a network of major roads and on foot through the underground pedestrian linkway to Wisma Atria and the underpasses along Orchard Road.

Ngee Ann City office tower is accessible by public transport and offers tenants a choice of amenities within walking distance such as restaurants, gyms, healthcare providers and shops. Its proximity to the retail stores and boutiques along Orchard Road has attracted tenants from the fashion retail and services sectors.

Ngee Ann City

Property Profile

Address 391/391B Orchard Road, Singapore 238874
Description Ngee Ann City is a commercial complex with 18 levels of office space in the twin office tower blocks (Tower A and B) and a seven-storey podium with three basement levels comprising retail and car parking space. Starhill Global REIT's interest in Ngee Ann City comprises four strata lots representing 27.23% of the total share value of the strata lots in Ngee Ann City (Ngee Ann City Property).
Positioning A destination shopping mall with a wide appeal caters to the affluent, young and upwardly mobile, the family crowd and tourists.
Year of completion 1993
Committed occupancy 100.0% (Retail) and 88.8% (Office)(2)
Net lettable area 394,188 sq ft (Retail - 255,021 sq ft; Office - 139,167 sq ft)(2)
Number of tenants 51(1)(2)
Title Leasehold estate of 69 years and 4 months expiring on 31 March 2072
Selected brands of tenants(2)
  • Louis Vuitton
  • Chanel
  • Berluti
  • Goyard
  • Roger Vivier
  • Hugo Boss
  • Piaget
  • Loewe
  • Ladurée
  • DBS Treasures
Valuation S$1,150.0 million(3)
Strata Title Click here to view
  1. Includes master lease with Toshin Development Singapore Pte Ltd for all retail except Level 5 which is managed by the Manager.
  2. As at 31 December 2017.
  3. As of 30 June 2017.