Ngee Ann City Property

Ngee Ann City's distinctive architecture and its wide Orchard Road frontage makes it one of the most prominent landmarks along Orchard Road. Apart from being one of the most popular shopping destinations among the affluent and discerning shoppers, youths and families, its exclusive retail, dining and lifestyle offerings make it a favourite destination among locals, tourists and business travellers. Housing the Takashimaya Shopping Centre, it boasts signature flagship stores from international luxury brands complete with popular fashion brands, unique concepts and lifestyle stores, a diverse selection of new-to-market brands as well as delectable dining options. Together with exciting events regularly held at the indoor Takashimaya Square and outdoor Civic Plaza, the iconic mall offers an all-encompassing experience for visitors.

The mall enjoys excellent connectivity and is directly linked to Wisma Atria and ION Orchard via underground pedestrian linkways. It is accessible via a network of major roads and enjoys access to Orchard MRT station through the underground pedestrian linkway from Wisma Atria and other parts of Orchard Road through the underpasses. Connectivity is further enhanced with Orchard MRT station being an interchange station connecting the North-South and Thomson-East Coast lines.

The Ngee Ann City office tower is located adjacent to the retail podium of Ngee Ann City and Wisma Atria, providing constant shopper traffic to the malls. Its central location and close proximity to retail stores and boutiques along Orchard Road attract tenants from the retail and services sector, medical and beauty establishments. It also offers its tenants a prestigious Orchard Road address and an array of amenities including food and beverage outlets, gyms, healthcare providers and shops within walking distance.

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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).
Committed occupancy(1) 100.0% (Retail) and 100.0% (Office)
Net lettable area(1) 394,579 sq ft (Retail – 255,021 sq ft; Office – 139,558 sq ft)
Number of tenants(1)(2) 60
Title Leasehold estate of 69 years expiring on 31 March 2072
Notable tenants(1) Louis Vuitton
Hugo Boss
Books Kinokuniya
DBS Treasures
Valuation(3) S$1,130.4 million
Strata Title Click here to view
  1. As at 31 December 2023.
  2. Based on commenced leases, which comprises master tenant Toshin Development Singapore Pte Ltd., level 5 retail tenants and office tenants.
  3. As at 30 June 2023.
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