Office units at Samsung Hub and The Adelphi on the market for $30 mil
Sammi Lim, founder and exec director of Brilliance Capital, claims that the individual strata titles at The Adelphi offer flexibility for buyers to sell on a piecemeal manner or lease to numerous renters.
Samsung Hub is a 999-year leasehold business development composing 30 storeys. Situated throughout the CBD, the workplace is near primary banks and corporate central offices. It also has a fully covered path linking it to Raffles Place MRT Interchange Stop.
Both real estates are allowed for immigrants to purchase without spending added purchaser’s and dealer’s stamp responsibility.
The Adelphi is a 999-year leasehold mixed-use property development making up a five-storey retail platform and a six-storey workplace block. It is located at the edge of North Bridge Road and Coleman Street, in the heart of the civic area and near to the CBD. The building has adequate car parking space of 382 parking lot lots.
“In the medium to long term, there might even be potential for a collective sale way out. We assume eager interest from owner-occupiers, discerning small companies, private wealth entities, and family office spaces focused on long-term assets preservation,” she adds.
The Samsung Center office space unit is located on a high storey and takes up 3,595 sq ft. The unit is going to be offered with existing occupancy and is readily available on a private treaty basis. The workplace features a column-free and regular format. It has a guide rate of $4,350 psf, or about $15.6 million.
The two adjacent commercial strata office space units at The Adelphi rise at the top ground of the establishment. The units measure 2,034 sq ft and 2,852 sq ft. They provide an event area, an open workplace, partitioned workplaces, boardroom, a pantry area, huddle location and storage spot. The units have a shared overview rate of $14.4 million, or $2,950 psf. They can be sold together or independently.
A prime workplace unit at Samsung Hub on Church Street and 2 office space units at The Adelphi on Coleman Road have been offered, according to single affiliate marketer Brilliance Capital in a July 3 news release.
