Straits Trading Building is a 28-storey prime office building comprising 19 office levels, 4 carpark floors and 2 sky terraces. It is strategically located in the heart of Raffles Place, within the Central Business District of Singapore. It occupies a premium position with prominent visibility from Marina Bay. It has close proximity to the Marina Bay Financial Centre and the Marina Bay Sands Integrated Resort. In its immediate vicinity are major developments and financial institutions such as The Fullerton Hotel, One Fullerton, Six Battery Road, HSBC Building, Maybank Tower, Bank of China Building, UOB Plaza, OCBC Centre, and OUE Bayfront.
The property is easily accessible via various public transportation modes with direct access to Raffles Place MRT (East West line), as well as major roads such as Collyer Quay and Fullerton Road.
Sun Venture acquired the asset for rental income and long term investment holding purpose.
In mid 2016, the company received an unsolicited offer from an Indonesian tycoon and the subject property was eventually sold to his family-controlled SGX listed real estate company.