Office units at Samsung Hub and The Adelphi on the market for $30 mil
Samsung Hub is a 999-year leasehold commercial property development composing 30 storeys. Situated throughout the CBD, the office is near main banks and corporate headquarters. It additionally has a fully protected route linking it to Raffles Place MRT Interchange Terminal.
The two adjoining business strata workplace units at The Adelphi rise on top floor of the establishment. The units measure 2,034 sq ft and 2,852 sq ft. They provide an event place, an open office, partitioned workplaces, meeting room, a cupboard part, huddle space and storage spot. The units have a shared overview price of $14.4 million, or $2,950 psf. They can be marketed collectively or separately.
“In the medium to long term, there may also be probable for a collective sale leave. We expect keen interest from owner-occupiers, discerning local business, exclusive wealth entities, and family offices directed on long-term wealth safety,” she adds.
Sammi Lim, founder and exec head of Brilliance Capital, claims that the individual strata titles at The Adelphi offer versatility for buyers to sell on a piecemeal basis or rent to numerous tenants.
Both estates are qualified for foreigners to purchase without paying for added buyer’s and dealer’s stamp responsibility.
The Adelphi is a 999-year leasehold mixed-use development consisting of a five-storey retail podium and a six-storey workplace block. It is located at the corner of North Bridge Road and Coleman Street, in the heart of the civic area and near the CBD. The building has sufficient car parking space of 382 car park lots.
The Samsung Hub office unit rises on a high level and holds 3,595 sq ft. The unit will be offered with existing occupancy and is readily available on an exclusive treaty basis. The workplace includes a column-free and normal design. It has a guide rate of $4,350 psf, or about $15.6 million.
A prime office space unit at Samsung Hub on Church Street and two workplace units at The Adelphi on Coleman Road have actually been put up for sale, according to single marketer Brilliance Capital in a July 3 news release.
