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Office tower on the Old Treasury Building site
   

Bugis Junction Towers

Bugis Junction Towers, a 15-storey office tower, is strategically located along Victoria Street. It sits above the Bugis MRT station, which is now an interchange for the East-West and Downtown lines.

The office tower is part of an integrated mixed-use development, which comprises the Bugis Junction retail mall and the five-star InterContinental Singapore Hotel. The development has 648 carpark lots across two basement levels.

In 2013, the office tower completed an approximate $3 million asset enhancement works. The lobby area as well as common facilities such as the lift cars, toilets and pantry areas were upgraded and enhanced. The asset enhancement works rejuvenated Bugis Junction Towers and ensured it remains competitive and relevant amongst other buildings in the vicinity. Bugis Junction Towers has also recently been awarded the BCA Green Mark Platinum rating.

As at 31 December 2013, the building is fully leased to leading corporations such as Keppel Land, International Enterprise Singapore and InterContinental Hotels Group.

Key Statistics (as at 30 September 2014)

Location 230 Victoria Street, Singapore 188024
Ownership Interest 100%
Attributable NLA 244,989 sf
Title Leasehold estate of 99 years expiring 9 September 2089
Committed Occupancy
100%
Acquisition Date
26 April 2006
Valuation
$521.9 million 1
Number of Tenants 15
Number of Carpark Lots 648 2

1 Valuation as at 31 August 2014 based on Keppel REIT's interest in the property.
2 Carpark lots are owned and managed by the management corporation.


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