Office units at Samsung Hub and The Adelphi on the market for $30 mil
A prime workplace unit at Samsung Center on Church Road and 2 workplace units at The Adelphi on Coleman Road have been offered, according to sole marketer Brilliance Capital in a July 3 bulletin.
The Samsung Center office unit stands on a high level and occupies 3,595 sq ft. The unit is going to be offered with existing tenancy and is offered on a private treaty basis. The office features a column-free and normal layout. It has a guide rate of $4,350 psf, or around $15.6 million.
Samsung Hub is a 999-year leasehold business development consisting of 30 storeys. Found throughout the CBD, the office is near main banks and business head offices. It additionally has a totally protected route connecting it to Raffles Place MRT Interchange Terminal.
“In the medium to long term, there might also be probable for a collective sale leave. We expect eager interest from owner-occupiers, discerning small companies, private wealth entities, and family office spaces directed on long-term wealth preservation,” she includes.
The Adelphi is a 999-year leasehold mixed-use development making up 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 structure has sufficient vehicle parking space of 382 parking area lots.
Both properties are qualified for foreigners to acquire without paying for extra customer’s and retailer’s stamp duty.
Both adjacent commercial strata office space units at The Adelphi lie at the top level of the establishment. The units measure 2,034 sq ft and 2,852 sq ft. They feature a reception area, an open office space, partitioned workplaces, meeting room, a cupboard space, conversation area and storage space. The units have a shared overview price of $14.4 million, or $2,950 psf. They can be sold together or separately.
Sammi Lim, owner and executive head of Brilliance Capital, says that the individual strata titles at The Adelphi offer versatility for purchasers to sell on a piecemeal manner or rent to numerous occupants.
