1. What is GSH Plaza?
GSH Plaza is the former Equity Plaza. It comprises of retail shops at the first and second storeys and office units from the 3rd to 28th storeys.
View more: GSH Plaza Overview. Factsheet and Reasons to invest in GSH Plaza.
2. Where is GSH Plaza located?
GSH Plaza is located at the heart of Raffles Place, a short walk to Raffles Place MRT Station. It has frontages along Market Street, Church Street and Cecil Street.View more: GSH Plaza Location at Raffles Place. Amenities around GSH Plaza and its prime connectivity offered for you.
3. What is the tenure of GSH Plaza?
99-year leasehold with effect from 7 December 1989. There is a balance of about 73 years on the lease.4. When is the expected TOP?
The TOP is estimated to be on 31 August 2017 (Targeting late 2016).5. How many retail shops are there within the development?
There are a total of 21 retail units located at the 1st and 2nd storey.6. Who are the developers behind the project?
Plaza Ventures Pte Ltd is a consortium made up of GSH Corporation Limited, TYJ Group, Vibrant DB2 Pte Ltd.
( Read More GSH Plaza's Developer)
7. Are the retail units for sale?
No, the retail units are not for sale.
8. What will these shops be used for / selling? Will there be any F&B or convenience stores?
Access to office area (3rd storey and above) will be restricted by security gantries at Main Lobby (1st Storey). Basement lift lobbies will be controlled via card access. CCTV are provided at main lift lobbies and the common corridors. Visitors are required to approach the security at the main lobby to access to the building.
9. What about security systems? Will there be 24-hour security guards?
Access to office area (3rd storey and above) will be restricted by security gantries at Main Lobby (1st Storey). Basement lift lobbies will be controlled via card access. CCTV are provided at main lift lobbies and the common corridors. Visitors are required to approach the security at the main lobby to access to the building
10. Is there a drop-off point / driveway? Where is it located?
Yes, the drop-off point can be accessed by Malacca Street.
11. Where is the entrance to the carpark?
The entrance to the carpark is from Malacca Street.12. How many carpark lots are there?
There are a total of 86 carpark lots (with 3 handicap lots) over 3 levels of basement carparks.13. How is the parking space allocated?
Upon TOP, tenants have to apply to the Management Office for parking spaces. Parking spaces will be allocated based on balloting, or other arrangement as determined by the MCST.
14. What is the carpark system?
Full Electronic Car Parking System.
15. What are the expected maintenance charges?
Maintenance charges expected to be at about SGD0.80 per sq ft for office, or as determined by MCST.16. Is the building handicapped-friendly?
Yes. The building has been designed to comply with the codes set by the relevant authorities
for accessibility.
17. How many units are there per floor?
There are between 9 - 14 strata titles per floor.
18. What finishes or fittings are included within the unit? Type of flooring; cement or tiles?
Office finishes are:- Wall: Painted finish. Homogeneous tiles in washrooms for units with ensuite washrooms.
- Ceiling: Skim coat with paint finish. Ceiling board with paint finish in washrooms for units with ensuite washrooms
- Floor : Cement rendered finish. Homogeneous tiles in washrooms for units with en-suites washrooms
19. Are there any escalators, or is access purely by passenger lifts? What is the lift capacity / loading?
2 escalators servings 1st and 2nd storey at the retail podium. Lift capacity is 20 persons per lift with maximum weight 1,360kg.
20. Will there be any common toilets?
Each floor will have 2 common toilets. In addition, selected units are provided with their ensuite toilets.
21. Any false ceiling provided?
No false ceiling will be provided in the units.
22. Mezzanine ceiling height?
4.0m floor to floor height.
23. What is the floor to ceiling height and is there raised flooring?
There is no raised flooring. Unit floors will be finished with cement screed.
24. How is the vehicle circulation? Single carpark entrance & exit?
There is a single carpark entrance and exit. Access and egress to this carpark will be from Malacca Street.
25. What will be the season parking rate?
To be advised by MCST.
26. Who is eligible to buy the office units?
The office units can be purchased for both investment and for own use. As such, anyone is eligible to buy the office units. There are no restrictions to foreign ownership.View more: GSH Plaza Floor Plan.
27. What are the payment terms?
| Option Date | 5% |
| 8th week from Option Date | 15% |
| 11th week from Option Date | 30% |
| Progess payment during construction | 15% |
| Upon TOP or CSC | 25% |
| Upon Completion | 10% |
| Total | 100% |
28. Are there any tie-ups with banks? Which banks? What are the financing terms?
Yes. 3 Banks – OCBC, Hong Leong Bank and RHB. Financing terms are varied based on each bank’s package.
29. What is the discount offered for multiple purchases?
Purchaser of entire floor is entitled to additional 2% discount.
