Completed in 2020, Centrium Square is a 19-storey mixed-use commercial development that combines retail, medical suites, and strata offices within one landmark building. Formerly known as Serangoon Plaza, the property has been redeveloped into a contemporary commercial hub offering modern facilities, excellent connectivity, and strong investment potential.
For investors looking to secure a freehold commercial property in a central location, opportunities such as this are increasingly rare in Singapore’s commercial real estate market.
Integrated Commercial Development with Modern Facilities
Developed by Tong Eng Group through its subsidiary Feature Development, the building has been designed to provide a complete commercial ecosystem. The development features a well-planned layout that integrates retail, medical, and office spaces within one building.
Key highlights include:
- 19-storey integrated commercial development
- Completed in 2020
- BCA Green Mark Gold rating for sustainability
- 2 levels of retail and F&B outlets
- 3 levels dedicated to medical suites
- 11 levels of strata titled offices
The strata offices are located on the upper levels, offering a professional environment ideal for corporate occupiers, investors, and businesses seeking a prestigious address.
A particularly attractive feature of the offices is the column-free regular layout, which allows flexible space planning and efficient use of the floor area.
Strategic Connectivity Near Farrer Park MRT
Connectivity is one of the strongest advantages of this development. The property is just a short walk from major transport and lifestyle amenities, making it highly convenient for businesses and visitors.
Nearby landmarks include:
- Farrer Park MRT Station – approximately 2 minutes’ walk
- City Square Mall – approximately 3 minutes’ walk
The MRT station provides direct connectivity to the North East Line, allowing quick access to key districts such as Dhoby Ghaut, Clarke Quay, and HarbourFront.
The property is also within a short driving distance to the city centre, with approximately 8 minutes’ drive to Raffles City.
With multiple transport options available, the location ensures easy accessibility for employees, clients, and business partners.
Prominent Frontage Along Serangoon Road
One of the most distinctive features of the development is its 115-metre-wide prominent frontage along Serangoon Road. This high visibility location enhances branding opportunities for businesses operating within the building.
Serangoon Road has long been one of Singapore’s most vibrant commercial corridors, known for its diverse mix of retail outlets, restaurants, offices, and cultural landmarks. Businesses located here benefit from strong pedestrian traffic and a constant flow of activity from nearby residential and commercial areas.
This vibrant environment helps create a thriving business ecosystem that supports both retail and office tenants.
Modern Office Features Designed for Businesses
The office units within the development have been thoughtfully designed to meet the needs of modern businesses. Several features enhance both functionality and prestige.
Key office features include:
- 4.9 metre floor-to-floor height, creating a spacious working environment
- Efficient column-free layout for flexible office design
- Direct lift access to retail podium
- Concierge service at the main lobby
- Modern building design with professional corporate image
These features make the office spaces suitable for a wide range of industries, including professional services, technology firms, consultancy businesses, and investment companies.
Scarcity of Freehold Strata Offices
Freehold strata office units are becoming increasingly rare in Singapore, particularly within central and city fringe locations. Most new commercial developments are sold on leasehold tenure, making freehold properties significantly more attractive to long-term investors.
This scarcity creates strong demand for freehold office spaces, especially those located in strategic areas with excellent transport connectivity.
Another advantage for investors is the favourable purchase conditions. Buyers of commercial properties enjoy benefits such as:
- No Additional Buyer’s Stamp Duty (ABSD)
- No Seller’s Stamp Duty (SSD)
These factors make commercial properties particularly appealing to investors who want greater flexibility and lower transaction costs compared to residential investments.
Attractive Investment Opportunity
A property within this integrated development offers strong potential for long-term capital appreciation and stable rental demand.
Several factors contribute to its investment appeal:
- Prime city fringe location
- Integrated retail and medical components that generate daily activity
- Excellent MRT connectivity
- Modern commercial facilities
- Scarcity of freehold strata office units
As Singapore continues to strengthen its position as a global business hub, centrally located commercial properties remain highly sought after by both local and international investors.
Enquire Today for Viewing
Opportunities to own a freehold strata office in a modern integrated commercial development are rare. If you are seeking a strategic commercial investment or a prestigious office address in a prime location, this property deserves serious consideration.
Contact us today to learn more about this exceptional opportunity and arrange a viewing.
📞 Call Mendy Cheng at (65) 9235 5365
🌐 Visit www.SGXpertRealty.com for more prime Singapore office listings
