About The Prospex
The Prospex is a nine-storey commercial building at 108 Middle Road, at the corner with Victoria Street, in District 7 (Middle Road, Golden Mile). It has a two-level retail podium with seven floors of offices above, and a net lettable area of about 30,800 sq ft. The land is held on a 99-year lease that began in December 1974. OneMap now lists the building as Bernhard Schulte House, the name it took after a change of ownership in 2017.
The building was previously known as Bright Chambers. Property fund manager Pamfleet bought it in 2013 for $45 million and carried out a full refurbishment, with new mechanical and electrical systems, lifts and double-glazed windows. It reopened as The Prospex after receiving its temporary occupation permit in 2015.
Interesting facts
In 2017 the building was sold for $60 million to the investment arm of the Schulte Group, a Hamburg-based shipping group. Reports at the time said the group planned to occupy most of the space itself.
Before that sale, the refurbished building had been offered to the market in 2015 with approval for strata subdivision.
Middle Road is one of Singapore's older streets and appears on an 1836 town map. It was the centre of the pre-war Japanese community and of the Hainanese quarter. This fact is about the street, not the building.
Nearby
Bugis MRT (East-West and Downtown Lines) is about a 3-minute walk. Bencoolen MRT (Downtown Line) and Bras Basah MRT (Circle Line) are around 5 to 8 minutes away. Bugis+ is next door, with Bugis Junction, the National Library and Fortune Centre close by. Albert Centre Market and Food Centre is a short walk up Waterloo Street, past Kwan Im Thong Hood Cho Temple and Sri Krishnan Temple.
Key facts
Address: 108 Middle Road, Singapore 188967
District: District 7 (Middle Road, Golden Mile)
Property type: Office and retail
Completed: refurbished 2015 (older building, formerly Bright Chambers)
Tenure: 99-year leasehold from December 1974
Storeys: 9
Floor area: about 30,800 sq ft net lettable
Nearest MRT: Bugis (East-West and Downtown Lines)
MCST: 4386
