Singapore

HSBC Building

A sale-and-lease-back office building to HSBC

HSBC Building is a 21-storey office tower with views of Marina Bay and proximity to Raffles Place MRT station. It houses The Hongkong and Shanghai Banking Corporation Limited (HSBC Bank), the sole tenant who bears the building’s operating expenses, including property tax, while CCT manages the insurance and structural maintenance matters. The lease to HSBC Bank will expire in April 2019.

Key Statistics:

Address
21 Collyer Quay, Singapore 049320
Net Lettable Area
18,624 sqm
Title
Leasehold estate expiring 18 Dec 2849
Car Park Lots
55
Bicycle Lots
10
Purchase Price in 2005
S$153.9m
Valuation as at 31 Dec 2017
S$456.0m