One Sophia & The Collective at One Sophia

Previously known as Peace Centre and Peace Mansion, One Sophia and The Collective at One Sophia are set to redefine mixed-use development in Singapore.

On December 3, JLL, the sole marketing agent, announced the successful sale of the Peace Centre shopping mall and the adjacent Peace Mansion apartment complex after five attempts at a collective sale. The property, located at 1 Sophia Road, was sold for S$650 million to a joint venture named Sophia Residential Pte Ltd, which includes CEL Development, Sing-Haiyi Crystal, and Ultra Infinity. The reserve price was also set at S$650 million, with over 80% of existing property owners agreeing to the sale. The site features 232 commercial units, 86 residential apartments, and a 162-lot car park, totaling 319 strata units across a 10-storey podium block and a 32-storey tower.

Spanning 76,617 sq ft, the site is designated for commercial use per the Urban Redevelopment Authority’s (URA) 2019 Master Plan, with a gross plot ratio of 7.89. In March 2019, the Singapore Land Authority granted in-principle approval for a new 99-year lease. The site allows for redevelopment to a maximum height of 55 meters, with portions potentially reaching up to 67 meters.

According to JLL’s news release, a developer can redevelop the site to achieve an existing gross floor area of approximately 604,578 sq ft. The redevelopment can encompass a mixed-use project, with 60% of the gross floor area allocated for commercial purposes and 40% for residential use.

The unit land rate for the new development, which is divided into 60% commercial and 40% residential, is approximately S$1,426 per sq ft per plot ratio (ppr), including an estimated lease top-up premium. If factoring in an additional 7% bonus gross floor area for the residential component, the unit land rate is around S$1,388 per sq ft ppr, culminating in a sale price of S$650 million.

The Collective at One Sophia preview starts on November 1, 2024, and will consist of two 19-storey apartment blocks with a total of 367 units and communal facilities, alongside a 13-storey office and commercial block with three basement parking levels.

Discover One Sophia: The Epitome of Luxurious Living and Working

Welcome to One Sophia, an iconic mixed-use development that redefines urban living and working in Singapore. Perfectly situated at 1 Sophia Road, this stunning project combines modern luxury with unparalleled convenience, making it the ideal choice for both residents and businesses alike.

Why Choose One Sophia?

1. Prime Location
Nestled in the heart of the city, One Sophia offers easy access to key attractions and amenities. With multiple MRT stations—including Dhoby Ghaut, Bugis, and Bras Basah—just a short walk away, commuting has never been easier. Enjoy the vibrant energy of Orchard Road, Raffles Place, and the Civic District, all within reach.

2. Exceptional Design
Designed by leading architects, One Sophia boasts a harmonious blend of residential and commercial spaces. Featuring two 19-storey apartment blocks with 367 luxurious units, as well as a 13-storey office and retail space, this development caters to diverse lifestyles and business needs.

3. Premium Amenities
Experience a new standard of living with top-notch facilities. One Sophia offers spacious, light-filled office environments, state-of-the-art meeting rooms, and vibrant communal areas. Residents can enjoy modern living spaces designed for comfort and style, with high-end finishes and fixtures throughout.

4. Flexible Space for Every Need
Whether you’re a startup, an established business, or a savvy homeowner, One Sophia provides flexible spaces that adapt to your needs. The mixed-use nature of the development allows for seamless integration of work and life, promoting a balanced lifestyle.

5. Investment Opportunity
One Sophia is not just a place to live or work; it’s an investment in your future. With foreign buyers welcome and no additional buyer’s stamp duty or seller’s stamp duty, this is a unique opportunity to secure a prestigious property in one of Singapore’s most desirable locations.

Experience Unmatched Luxury at One Sophia (萬盛) / The Collective at One Sophia (首福)

The One Sophia / The Collective at One Sophia project reflects the growing demand for premium commercial real estate, featuring robust sales for 99-year leasehold office spaces.

Developed by the renowned SingHaiYi Group and KSH, this iconic mixed-use development offers 220,000 square feet of office space, 367 residential units, and 90,000 square feet of retail space.

Located at 1 Sophia Road in the heart of the city, the development is just 700 meters from several MRT stations, including Dhoby Ghaut, Bugis, and Bras Basah, with easy access to Orchard Road, Raffles Place, and the Civic District. Its prime location ensures excellent connectivity.

One Sophia provides a premier office environment, featuring spacious, well-lit workspaces with a comfortable atmosphere. High-end facilities include a round-the-clock air conditioning system, spacious meeting rooms, and versatile reception areas, catering to the needs of startups, multinational corporations, and freelancers alike.

Foreign buyers are welcome, with no additional buyer’s stamp duty or seller’s stamp duty applicable for office units.

Don’t Miss Out!

Join us at One Sophia and be part of an exclusive community that values luxury, convenience, and modernity. Experience the ultimate in urban living and working spaces.

For more information or to schedule a viewing, contact me today at 9842 2759. Your dream lifestyle awaits at One Sophia!