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Anson House, a 13-storey office building, has changed hands for S$148 million, or approximately S$1,916 psf of net lettable area (NLA).
Savills Singapore, which brokered the sale through a private treaty deal, said the property was sold to a property fund managed by ING Real Estate. It was sold by a private high net worth individual investor who acquired the property in 2009 from a fund managed by Australia’s Macquarie Bank for approximately S$85 million.
Completed in 1999, Anson House comprises office space and 103 parking lots, which are located on the second to fourth levels. It is situated on a land site with a NLA of around 77,244 sq m and has a remaining leasehold period of around 85 years.
The property is currently 96 percent occupied, with tenants including ArcelorMittal Singapore, United Technologies International Operations and GE Capital.
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