In the world of office commercial property for sale, finding an office property that is truly ready to generate income, is competitively priced, and strategically located is no easy feat. Many properties appear attractive on the surface, but fail to deliver healthy yields, positive cash flow, and long-term stability. This is why this Office Commercial Property for Sale investment opportunity at Wcega Tower deserves serious attention from commercial property investors.
With a price tag of $720,000, an area of 1,173 sqft, and a value of $613.81 psf, this office property is more than just a workspace; it is a proven commercial investment asset. Backed by a solid rental track record, a gross yield of 6.4%, and a net yield of 5.5%, this property offers the ideal combination of capital security and income growth.
Why Office Commercial Property for Sale is a Smart Investor’s Choice
Demand for office commercial property for sale continues to increase as the business sector, from MSMEs, startups, to established companies, continues to grow in demand for professional office space. Unlike more volatile residential properties, office properties tend to offer medium- to long-term leases, creating stable passive income.
Investors focusing on office commercial properties for sale typically look for three key factors: strong yields, low risk, and long-term liquidity. Wcega Tower meets all three. This property is not only located in a well-known commercial building, but also has an active tenant with a monthly income of $3,850.
Key Details of Office Commercial Property for Sale at Wcega Tower
As an office commercial property for sale, this unit offers highly competitive specifications in the current commercial property market:
Price: $720,000
Size: 1,173 sqft
Price per sqft: $613.81 psf
Type: Office
Status: Fully fitted
Lease term: 60 years
Floors: High
Parking: 4 lots
The competitive price per sqft makes this property more affordable than many other office commercial properties for sale in the surrounding area, while also opening up opportunities for future capital appreciation.
Investor Highlights: Strong Reasons to Choose This Office Commercial Property for Sale
For investors focused on numbers and performance, this office commercial property for sale at Wcega Tower offers very solid data:
Monthly rental income: $3,850
Gross yield: 6.4%
Net yield (after tax & maintenance): 5.5%
Cash-on-cash return (bank rate 3%): ±6% per annum
Cash flow: Positive after loan repayments
It’s rare to find an office commercial property for sale that consistently generates positive cash flow even after factoring in bank repayments. This makes this property ideal for investors seeking real passive income, not just price speculation.
Strategic Location: The Ever-Developing District 23
Location is always a crucial factor when choosing an office commercial property for sale, and Wcega Tower excels in this aspect. Located in Postal Code 658065, this property is located in District 23 – Dairy Farm / Bukit Panjang / Choa Chu Kang, an area that is steadily developing as an alternative business hub.
District 23 is known for its excellent transportation access, vibrant business community, and stable office demand. Many companies choose this area for its more efficient operating costs compared to the CBD, without sacrificing professionalism and connectivity.
Wcega Tower: A Commercial Building with a Strong Reputation
As one of the most recognized buildings in the western region, Wcega Tower has long been a choice for companies seeking professional-standard office commercial properties for sale. The building is designed to support modern business operations, both small and medium-sized.
With three passenger elevators and three cargo elevators, employee mobility and logistics are seamless. These amenities are a significant plus, increasing rental attractiveness and maintaining high occupancy rates.
Fully Fitted Office: Ready to Use, Ready to Produce
One of the main advantages of this office commercial property for sale is its fully fitted condition. Investors will not need to incur additional costs for major renovations or initial fit-out.
This unit is equipped with:
Air conditioning
Broadband internet
Meeting room
Kitchen
Toilet
Loading area
24-hour access
This ready-to-use condition makes the property immediately available for rent or transfer to existing tenants, thereby reducing vacancy periods.
Parking and Accessibility: Added Value for Tenants
In the office commercial property for sale market, parking availability is often a determining factor. This unit offers four parking spaces, a significant advantage that enhances tenant convenience and long-term rental value.