Located at 20 Cecil Street, PLUS is a refined example of the “flight-to-quality” trend that is shaping Singapore’s commercial landscape by 2026. A 28-story Grade-A office building, previously known as Equity Plaza and GSH Plaza, underwent a S$100 million comprehensive AEI that transformed it into a premier strata-titled asset. It represents a rare chance for both investors and end-users to own a portion of the Raffles Place financial hub, which is primarily controlled by large REITs and institutional landlords that hold prime properties.

The building’s architectural identity is defined by its one-of-a-kind curved exterior, marking a distinct shift from the rigid silhouettes typical of traditional CBD high-rise buildings. The circular design offers more than just visual appeal; it provides occupants with expansive, wrap-around views of Cecil Street and the surrounding cityscape through full-height windows. Office floors are designed to offer optimal efficiency, with layouts that span from 786 sq ft boutique suites to full-floor areas of approximately 11,000 sq ft, providing various solutions for fintech companies, law firms, and family offices.

PLUS shatters the conventional corporate office atmosphere by incorporating high-end amenities for the contemporary end-user. Unlike the older CBD build, the PLUS features dedicated retail and F&B podiums on the first two levels, along with access to end-of-trip facilities such as bicycle lots and private showers. The VRV air-conditioning system is a vital future-proof feature that enables businesses to maintain continuous operations, running 24/7 with temperature control independence, a requirement for global companies managing different time zones and extensive digital operations.

The PLUS rental market has similar strength, with gross effective rents for fitted units currently exceeding $0.50 per square foot. This reflects a substantial premium over secondary CBD properties, primarily due to the building’s prestigious location and its high-spec “plug-and-play” facilities. Landlords at PLUS are advantageously positioned to demand aggressive pricing due to vacancy rates in the Raffles Place submarket being relatively low at 5% to 6%, particularly from tenants forced to relocate by the redevelopment of ageing buildings in the vicinity.

The PLUS building at Cecil Street is more than just an office development; it serves as a key business asset that complements Singapore’s goal of a sustainable, “Smart” central business district. It guarantees that its residents and proprietors stay competitive in a constantly changing global economy by harmonising its historic location with infrastructure that meets 2026 standards, such as high-speed fibre connectivity and energy-efficient systems. The property serves as a prestigious “trophy” asset for those requiring a high-end presence at the nexus of Singapore’s financial heritage and cutting-edge technology.

PLUS @ Cecil Street Location

Located at 20 Cecil Street, PLUS is situated in a prime “AAA” location within the heart of Singapore’s Raffles Place, the country’s main Financial District. This strategic positioning puts businesses at the heart of global commerce, surrounded by the headquarters of major international banks, the Singapore Exchange (SGX), and top-tier legal and professional services. Having an address at PLUS is a significant indicator of prestige and stability for any corporate entity, providing instant access to the key decision-makers of the Asia-Pacific region.

The location’s greatest operational asset is its unparalleled connectivity, anchored by a sheltered, short walk to the Raffles Place MRT Interchange (North-South and East-West Lines). Dual-line access enables staff and customers to enter the building from virtually all areas of the island while avoiding the effects of the tropical environment. The building is also within a five-minute walk of the Telok Ayer and Downtown MRT stations, offering extra access to the Downtown Line and making commutes easier for those travelling from the residential areas of the Bukit Timah and East Coast corridors.

Located at the captivating crossroads of Singapore’s contemporary urban landscape and its historic architectural legacy, PLUS serves a corporate purpose. Located just a stone’s throw away is the Telok Ayer Conservation Area, where rows of historic shophouses contain some of the city’s most acclaimed Michelin-starred restaurants and trendy cafes. This proximity enables occupants to transition smoothly from high-pressure boardroom discussions to sophisticated business luncheons or post-work networking events in a lively, culturally diverse setting that embodies the contemporary Singaporean work culture.

Moving forward to the rest of 2026, the location of PLUS remains advantageous due to the URA Master Plan’s objectives to revamp the CBD into a 24/7 “Work-Live-Play” hub. Pedestrianized zones and green corridors are being incorporated along Cecil Street and Robinson Road, thereby decreasing vehicular noise and enhancing the district’s “walkability”. This ongoing urban renewal ensures that PLUS remains not just a static office building, but a dynamic, high-value hub within a greener, more sustainable, and increasingly habitable global financial centre.

PLUS @ Cecil Street Nearby Amenities

PLUS (formerly GSH Plaza) sits in Singapore’s Financial District, offering a high density hub of professional and lifestyle conveniences. The first two levels form a retail podium with dining, shopping, and wellness services, such as a state-of-the-art gym, a chiropractor, and a luxury spa. Its curved glass façade overlooks a vibrant streetscape where modern corporate life meets high-end retail.

The surrounding neighborhood offers various food and beverage options for every budget and occasion. For quick lunches or local flavors, the Market Street Hawker Center and Kopitiam at Clifford Center are within walking distance. For upscale dining or after-work drinks, head to Boat Quay’s alfresco riverside bars and restaurants or visit premium spots like Artemis Grill & Sky Lounge next door. Shopping and grocery needs are met at The Arcade, One Raffles Place, and Cold Storage at China Square.

Connectivity is one of the building’s key features, making it easy to travel around the island. PLUS is located between the Raffles Place MRT Interchange (North–South and East–West Lines) and Telok Ayer MRT Station (Downtown Line), both of which are within a 2‑5 minute walk with shelter. Also, many bus stops at Prudential Tower and across from AIA Tower provide good bus coverage, and big highways such as the MCE and ECP are easy to reach for car drivers.

End-User and Investor Future-Ready Asset

PLUS at 20 Cecil Street is a building ready for the future, combining unique ownership rights with top‑quality infrastructure that is usually found in buildings used by big companies. In a market where top‑quality offices are usually owned by one landlord, PLUS gives a special way into the heart of the Raffles Place Financial Center, giving both tenants and investors a big advantage.

For business owners, the building is made for flexibility and status. Each unit has its own air conditioning, so it can run all the time without extra cooling costs after hours—a big advantage for companies that operate worldwide. The office spaces have open floor plans and tall ceilings, allowing different layouts from classic office suites to modern open workspaces. In addition, it has a Green Mark Gold rating, uses energy‑efficient double glass, and continuously checks indoor air quality, meeting today’s environmental, social, and governance rules.

For investors, the building is a safe investment with very limited supply in prime District 01. Because the government has cut the amount of commercial space available in the central business district, owning a building like this stays valuable. The investment is also helped by no extra buyer or seller stamp duties, which makes it easier to get cash and makes it a very attractive alternative to buying homes. With a good history of attracting top tenants, such as big global companies and family offices, PLUS keeps giving good rental income and good long‑term value retention.

Project Specification

PLUS @ Cecil Street Registration of Interest

Review of PLUS @ Cecil Street

PLUS @ Cecil Street - Industrial Property

PLUS is a 28‑storey, top‑quality office tower in the heart of Singapore's Financial District that has a distinctive curved glass exterior and a shopping area at its base. It gives a rare chance for shared ownership in Raffles Place, along with “future‑ready” features such as separate VRF air‑conditioning and a direct covered walk to major MRT stations.

Product SKU: PLUS @ Cecil Street

Product Brand: Industrial Property

Product Currency: SGD

Product Price: Start From 1390000

Product In-Stock: InStock

Editor's Rating:
5