One Sophia Strata Commercial Units Launching, Priced from S$3,000 psf

Private Preview of One Sophia

About One Sophia Strata Commercial Units Launching. SingHaiyi and its joint venture partners have officially launched the private preview for their new strata commercial units at One Sophia. This mixed-use development is being built on the former Peace Centre site, located at 1 Sophia Road. The project will feature a 13-storey commercial tower comprising 122 strata-titled office units and 127 strata retail units. The retail units will be located within a two-storey podium, while the office spaces will occupy the remaining 11 floors. Additionally, a three-storey basement car park will provide 273 parking spaces.

Office Space Sizes at One Sophia

The office units at One Sophia range in size from 720 sqft to 4,530 sqft. With approximately half of the units between 721 sqft and 1,614 sqft. According to Tan Hong Boon, executive director of Capital Markets at JLL Singapore, the variety of unit sizes has attracted a wide range of end-users and investors. JLL. Which helped broker the collective sale of Peace Centre and Peace Mansion, has received inquiries from several clients who are interested in purchasing adjoining units. Some are even considering acquiring entire floors.

Tan emphasizes that the unit sizes at One Sophia are ideal for the current market demand in this area.

Indicative Pricing and Demand (One Sophia Strata Commercial Units Launching)

The developers have released indicative pricing for the office units on the third to fifth floors, ranging from S$3,000 to S$3,500 psf. They are currently gauging interest from prospective buyers during the private preview before finalizing the sales price and deciding which units will be available for purchase.

One Sophia is not just about commercial space. It is part of a larger mixed-use development that also includes a residential component called The Collective at One Sophia. This residential part will feature two 19-storey towers with 367 private apartments, ranging from studio units to one- and three-bedroom configurations. The preview for The Collective at One Sophia is expected next year.

History and Acquisition

In December 2021, a joint venture consisting of CEL Development, SingHaiyi Crystal, and Ultra Infinity acquired Peace Centre and Peace Mansion through a collective sale for S$650 million. This deal translates to S$1,426 per plot ratio.

Location and Accessibility

More on One Sophia Strata Commercial Units Launching | One Sophia’s location at the junction of Sophia Road and Selegie Road makes it highly accessible. It is close to prominent areas such as Bras Basah, Bugis, Dhoby Ghaut, and Orchard Road. In terms of public transportation, the development is conveniently located near four MRT stations: Dhoby Ghaut Interchange, Bencoolen, Bras Basah, and Rochor.

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Tan notes that One Sophia has piqued the interest of investors due to its prime location. It’s the only new project in the Orchard Road area offering new strata commercial units. This exclusivity, combined with competitive pricing, makes it an attractive option compared to other freehold strata-titled office developments in the vicinity, which are priced above S$4,000 psf.

Despite being a 99-year leasehold development, Tan argues that the pricing is reasonable and One Sophia offers an edge over older freehold commercial buildings in the area. The newer project is designed with modern wellness and sustainability standards, which many older buildings lack.

Architecture and Design (One Sophia Strata Commercial Units Launching)

The developers of One Sophia have enlisted ADDP Architects and studioMilou to create the building’s design. A notable feature is its signature architectural element—curvilinear planes that are lushly planted. These planes complement the vertical gardens and office glass boxes that front the commercial block. Additionally, office floors on the third, eighth, and 13th levels will have direct access to garden terraces.

The strata office units at One Sophia will have a ceiling height of 3.1 meters. While most newly built Grade A offices typically have ceiling heights of around 4 meters, One Sophia’s ceiling height is slightly lower. However, the development has still attained the BCA Green Mark Gold Plus certification, showcasing its sustainability standards. The basement car park, shared with residential units, will offer season parking.

Retail Component at One Sophia

The retail aspect of One Sophia is equally impressive. Spread across 90,000 sqft, there are 127 retail units. According to industry sources, the developer intends to carefully curate the retail offerings. The goal is to introduce a variety of brands and concepts that will create a diverse and vibrant retail experience. This may include new brands entering the market or existing brands introducing fresh retail concepts. The developers are also keen on including leisure, wellness, and entertainment offerings to complement the overall retail experience.

Conclusion (One Sophia Strata Commercial Units Launching)

One Sophia is set to transform the area around Sophia Road and Selegie Road with its mixed-use development. Its well-planned combination of office, retail, and residential spaces. Along with its prime location near major MRT stations and shopping belts, makes it an attractive prospect for both investors and end-users. With pricing starting from S$3,000 psf for the office units, the development provides a competitive option in the Orchard Road area.

Find out more on upcoming launches – Aurelle of Tampines EC (D18), Arina East Residences (D15). Aurea Condo (D07), Nava Grove (D21) and Emerald of Katong (D15).

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