Commercial Building Details
Introduction of Bugis Cube
Bugis Cube is a commercial building located at 470 North Bridge Road Singapore 408936 in District 06. The lease is 999 years from 25/1/1827. The expected TOP is around 3rd quarter of 2013. This 6-storeys chic commercial building is developed by the reputable Gryphon Estate Management Pte Ltd.
This 6-storey commercial building is a new addition to the popular Bugis shopping district. It covers an area of approximately 66,614 sqft. It has a total of 97 units for retail and F&B outlets. The units’ size range from 129 sq ft and 635 sq ft and are priced from S$2,900 psf to S$7,500 psf. There are a total of 22 car park lots here.
Bugis cube is an ideal place for businesses as it is very near to the Central Business District. The downtown MRT line connects it with major CBD stops in Singapore Downtown Core like Promenade, Bayfront, Downtown, Telok Ayer and Chinatown. With such close accessibility to the financial hub in Marina Bay and Raffles Place area, business start-up or relocation here is definitely a plus point.
History of Bugis Street
Bugis Street which is part of an extensive area which Chinese called Xiao Po (小坡). It stretched from Tanjong Pagar down Chinatown to Jalan Sultan. Bugis refer to the people from South Selawasi, Indonesia which used to sail up and down the canal in this area before the 1950s. Hence that’s how Bugis street got its name. People back then use to travel to Chinatown from Bugis via a tram service.
Back in the 1950s-1980s, many transvestites patronize Bugis Street areas and attracted many western tourists and sailors causing a booming business here. Taking advantage of the crowds many bars, food stalls and shops start to set up business there. The transwomen are the main attraction for many to come here to patronize. These transwomen will do their infamous raunchy “flamingo dance” on a famous rooftop above a public toilet wowing huge crowds. Some westerners called it “Boogie Street” instead of Bugis street.
Then in the mid-1970s, there is a crackdown to stop raunchy acts in that area as many locals are conservative. Then in 1980s, major revamp was done to build Bugis Mrt station, retail shopping malls, nightlife entertainment spots and F&B Restaurants. The “old” Bugis street is now also called Bugis Village which is sandwiched between Bugis Junction and Bugis Cube. This revamp put a stop the era of transwomen.
The STB tried to re-live the good-old transwomen days by staging “ah-Qua” (transvestites) shows but it wasn’t popular and did not attract any crowds. It was soon abandoned.
Bugis Village which is now in between Bugis Junction and Albert Street is a place that has many trendy cheap affordable stores selling clothing, shoe wears, food, souvenirs, accessories and many more. It is a popular place among tourist and locals to get trendy cheap deals from Hong Kong, Thailand, Korea, Taiwan, Japan and China. It is like a modernized “Pasar Malam”
Commercial Building Location
Bugis Cube is approximately 0.17 KM to Bugis MRT Station. Other nearby Mrt stations includes Esplanade and Lavender Mrt stations. There are also several bus stops nearby located in front of Bugis Cube, before Beach Road and Middle Road. Major expressways like CTE and ECP allows you to get to many places conveniently. Driving to Central Business District and Orchard shopping district will take you about 10 and 15 minutes respectively. It is seamlessly connected to the rest of Singapore.
Malls: Nearby mega malls like Bugis Junction, Bugis Street, Bugis Plus, Shaw Towers, Bras Basah Complex, Fu Lu Shou Complex, Suntec City Mall, OG Albert Centre as well as many more others which have a myriad of amenities like eateries, retail shops, supermarkets and banks. For more dining options head down to the restaurants along Middle Road, Liang Seah Street, Victoria Street and Purvis Street. Nearby local food centers include those along Rochor Road and Beach Road for you to enjoy local delicacies.
Night entertainment: If you are a party goer, you can head down to Singapore’s number 1 entertainment area around Mohammed Sultan, Boat Quay and Clarke Quay to party all night long.
Supermarkets: The nearest supermarkets are Cold Storage at Bugis Junction, Market Place supermarket at Raffles City Shopping Centre and NTUC Fairprice at Block 1 Rochor Road.
Healthcare: For medical consult, you can head to the nearby General Practitioner Clinics, Geylang or Outram Polyclinic, Raffles Hospital, Singapore General Hospital, National Heart Centre, National Heart Centre and Singapore National Eye Centre in the area to provide specialist healthcare services for the residents.
Education: The nearby educational institutions include Stamford Primary School, Hong Wen School, St Magaret’s Primary School, Farrer Park Primary School and Singapore Management University.
Recreational facilities: There are many recreational facilities around Hong Lim Park, Fort Canning Park, Kampong Glam Community Centre, Singapore Cricket Club and National Library.
Places of worship: These include Masjid Sultan Mosque at 3 Muscat Street, Sri Krishnan Temple at 152 Waterloo Street, Kwan Im Temple at 178 Waterloo Street, Siang Cho Keong Temple at 66 Amoy Street and St Joseph Church at 143 Victoria Street.
Hotels around here include Carlton Hotel Singapore, Landmark Village Hotel, Fragrance Hotel Bugis, Beach Hotel, Grand Park City Hall and Marrison Hotel.
Condominiums: There are also several prestigious residential buildings around including Fraser Place Robertson Walk, Lanson Place Winsland Residences, 1919 at Sophia and Aspen Heights which are highly sought after by locals and expats.
Bugis Cube is definitely a highly sought after commercial building as it is centrally located in the Financial hub of Singapore Downtown Core. There are a myriad of facilities in-house and nearby. For more details, please contact the relevant personnel.
Did you know?
1.The Army Market along Beach Road was once a popular place where army recruits can buy military gears ranging from camouflaged uniforms, boots and ponchos to sleeping bags, mosquito nets and Swiss knives.
The introduction of eMart by SAF in 1997 and the closure of nearby Beach Road Camp made an impact on many army stores in the Army Market. In 2002, as the demand for army supplies decrease, some shops convert into selling vintage clothes. Many shops are not doing great and the 20 years lease will end in 2015 which means many of the owners who are in their 60s and 70s will wind up their business. What will happen to Army Market then?
2. Rochor Centre built in 1977 is made up of 4 blocks of HDB brightly colored with yellow, red, blue and red paint as well as a 3 storey building filled with shops and offices. The HDB flats were painted with bright colors during 1990s upgrading.
There are quite a number of stores in the Rochor centre selling Taoist ceremonial items as the famous Kwan Im Thong Hood Cho Temple at Waterloo Street is nearby. Some of the tenants moved from Blanco Court to Rochor Centre when Raffles Hospital took over the land of Blanco Court in 1997. Hokkien association Sin Chew Hu Chi Sia is one of the few shops here that has been at Rochor Centre since its opening date.
Land Transport Authority (LTA) and Singapore Land Authority (SLA) announced on November 2011 that the 34 years old Rochor Centre will be demolished by 2016 to make way for the new Nouth-South Expressway. The nearby Victoria Street Wholesale Centre will also be demolished. The residents of the HDB will also be relocated to Kallang area.
RETAIL & OFFICE SPACE AVAILABLE
Please call 92244666
470 North Bridge Road S408936
Gryphon Estate Management Pte Ltd
999 years leasehold
NUMBER OF UNITS
OFFICE UNIT SIZE
29 sq ft and 635 sq ft
Possible Effective Rent:
S$2,900 psf to S$7,500 psf
*Rental price and availability subject to change
NEARBY MRT STATION(S)
• Bugis Mrt Station
• Esplanade Mrt Station
• Lavender Mrt Station