Office units at Samsung Hub and The Adelphi on the market for $30 mil
The two adjacent business strata workplace units at The Adelphi are located at the top level of the establishment. The units measure 2,034 sq ft and 2,852 sq ft. They feature a function space, an open office, separated offices, meeting room, a pantry area, conversation area and storage spot. The units have a combined guide price of $14.4 million, or $2,950 psf. They can be offered jointly or separately.
“In the medium to long term, there might also be potential for a collective sale way out. We expect keen interest from owner-occupiers, discerning small businesses, private wealth entities, and family offices centered on long-term wealth safety,” she includes.
A prime office space unit at Samsung Hub on Church Road and 2 office units at The Adelphi on Coleman Street have actually been put up for sale, according to sole affiliate marketer Brilliance Capital in a July 3 announcement.
The Samsung Center office unit rises on a high floor and takes up 3,595 sq ft. The unit will be offered with existing occupancy and is available on a personal treaty basis. The office includes a column-free and regular format. It has a guide fee of $4,350 psf, or about $15.6 million.
Samsung Hub is a 999-year leasehold commercial property development consisting of 30 storeys. Located throughout the CBD, the workplace is near main financial institutions and corporate head offices. It additionally has a totally protected way connecting it to Raffles Place MRT Interchange Stop.
The Adelphi is a 999-year leasehold mixed-use project consisting of a five-storey retail podium and a six-storey workplace block. It lies at the corner of North Bridge Road and Coleman Street, in the heart of the civic district and near the CBD. The structure has sufficient car parking space of 382 car park lots.
Both real estates are qualified for immigrants to acquire without paying for extra buyer’s and retailer’s stamp responsibility.
Sammi Lim, creator and exec director of Brilliance Capital, claims that the individual strata titles at The Adelphi offer flexibility for buyers to offer on a piecemeal basis or contract to multiple tenants.
