Far East Plaza

Overview

Sales

Rental

Surrounding

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Overview

Sales

Rental

Surrounding

More

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Description
Far East Plaza is a freehold commercial property completed in 1982. The development occupies a land area of 2,981 sqm and a Gross Floor Area of 16,067 sqm.

FAR EAST PLAZA is located along Scotts Road in Orchard, in District 9. It is accessible through the nearest MRTs including Orchard TE14, NS22 and Newton DT11, NS21. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, ISETAN (SINGAPORE) LIMITED?, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): FAR EAST PLAZA, DFS GALLERIA SCOTTSWALK, PACIFIC PLAZA.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 4,247 psf in May 2008 for a 377 sqft unit for Office, S$ 6,407 psf in Nov 2016 for a 312 sqft unit for Shop. Its lowest recorded transaction was S$ 4,247 psf in May 2008 for a 377 sqft unit for Office, S$ 4,101 psf in Dec 2023 for a 312 sqft unit for Shop.

Buyers and tenants are attracted to District 9, which includes Orchard Road, River Valley and Cairnhill. This district is part of Singapore’s Central Business District and has become a must-visit spot for Singapore tourists. Spanning almost 2.2km, Orchard Road represents one of Singapore’s best retail, dining and entertainment boulevards, catering to any taste or budget and ranging from luxury brands to high street fashion. District 9 has a huge selection of exclusive cosmopolitan bistros and on the other end of the scale, a number of popular international fast food restaurants. Fronting Orchard Road, ION Orchard Mall is home to designer brands, as well as Sephora’s largest store in the area. Another major shopping mall in this district is Great World, which caters to locals, with a Cold Storage supermarket, Best Denki electrical store, and Golden Village Cinema. Cairnhill is home to the first freehold Ritz-Carlton property in Asia - the Ritz-Carlton Residence. This property sets a new standard of luxury living in Singapore as these homes feature magnificent finishings, excellent facilities and exemplary services from the legendary The Ritz-Carlton.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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4
"Been coming here whenever we visit family since I was very small! If theres something you need for a good price, youre likely to find it somewhere here! I love the array of both food and retail outlets. The fact that its barely changed since I can remember (early 90s) means it could use a bit of sprucing up but its otherwise a great alternative for those of us who cant afford the higher end shops along Orchard!"
D***** W
Google Review     |   12 Jul 2022
5
"Retail Choices: Food Choices: Great place for shopping, pampering & dining! Varieties of food choices available from vegetarian, Halal to non-Halal! Expect crowds during peak hours such as lunch time. Highly recommended if you're in town. Payment modes available cash, card & PayNow."
A*****
Google Review     |   11 Jul 2022
4
"It's a really old mall but I'm surprised to see some galleries, of both secular and religious themes, set up by Far East for the patrons of the mall. I believe it'll be a nice little attraction that's free of charge for all members of the public to enjoy while they are there. Took some videos but cannot be attached here"
C***** R***** - N***
Google Review     |   05 Jul 2022
4
"Outdated mall but has hip stores for youths A lot of old stores closed or moved out. Generally speaking, it's more a utility mall these days than for shopping. You will find tailors, jewelry stores, bookstores, massage parlors, small eateries and restaurants, etc so don't expect any large anchor tenant like a supermarket or a upmarket shopping brand like Decathlon or Uniqlo."
W**** W*******
Google Review     |   20 Jun 2022
4
"After a year after my last visit, I notice a few shops are closed for good. Sad to say, this place has turn quieter then 2 or 3 years ago."
F****** S**
Google Review     |   02 Jan 2022
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Nearby Amenities
Source: URA,  www.edgeprop.sg
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Sales Transaction of Scotts Road (Limited to 10)

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Asking Price of FAR EAST PLAZA

Source: URA, https://www.edgeprop.sg

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Rental Transactions of Scotts Road

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Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.

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Listings

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thumb-images
8
$1,300,000

      • Shophouse
      • D9
      • Freehold
      • S$ 7,140 psf
      • Scotts Road
      Teng Yen
      send_enquiry
      thumb-images
      9
      $2,000,000

          • Shop
          • D9
          • Freehold
          • S$ 6,190 psf
          • Scotts Road
          Zee Wang
          send_enquiry

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          Property News

          Nine freehold strata retail units at Far East Plaza for sale at $23.6 mil

          Property News

          [UPDATE] 23 strata retail shops up for sale at $80 mil

          Property News

          What businesses occupy the most expensive retail space?

          FAQs about FAR EAST PLAZA

          What is the nearest MRT Station to FAR EAST PLAZA ?
          The nearest MRT Station from FAR EAST PLAZA is Orchard NS22 MRT

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