Ngee Ann City Property
Ngee Ann City's distinctive architecture and its wide Orchard Road frontage make it one of the most prominent landmarks 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.
|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 95.3% (Office) as at 31 December 2016|
|Net lettable area||394,188 sq ft (Retail - 255,021 sq ft; Office - 139,167 sq ft) as at 31 December 2016|
|Number of tenants||50* (as at 31 December 2016)|
|Title||Leasehold estate of 69 years and 4 months expiring on 31 March 2072|
|Selected brands of tenants||
|Valuation||S$1,145.0 million (as at 30 June 2016)|
|Strata Title||Click here to view|
* Includes master lease with Toshin Development Singapore Pte Ltd for all retail except Level 5 which is managed by the Manager.