TE Capital Partners and LaSalle Investment Management has announced the sales launch of Visioncrest Orchard, a freehold class A commercial strata development located in the heart of Singapore’s prime Orchard Road precinct, with a combined office and retail area of 154,711 square feet.
TE Capital is the operator for Visioncrest Orchard, and the partners are accompanied in the joint venture by Metro Holdings as a capital partner of the TE Capital–managed vehicle.
As part of the launch, a 14,725-square-foot office space on Level 6 and a 14,844-square-foot office space on Level 9 have been released for sale at S$3,980 per square foot ($2,966 per square foot) and S$4,130 ($3,078 per square foot), respectively. Following VIP previews in June, a 14,725-square-foot office space and several retail units spanning 1,388 square feet are currently under due diligence.
TE Capital and LaSalle attribute the strong demand for the LEED Gold–certified, 11-story freehold offi
