Office units at Samsung Hub and The Adelphi on the market for $30 mil
The Adelphi is a 999-year leasehold mixed-use project making up a five-storey retail platform and a six-storey office block. It is located at the edge of North Bridge Road and Coleman Street, in the heart of the civic district and near the CBD. The building has ample parking space of 382 parking lot lots.
The Samsung Hub workplace unit is located on a high storey and takes up 3,595 sq ft. The unit will be offered with existing occupancy and is offered on a personal treaty basis. The office space includes a column-free and regular format. It has a guide price of $4,350 psf, or about $15.6 million.
The two adjoining business strata workplace units at The Adelphi lie on top level of the establishment. The units measure 2,034 sq ft and 2,852 sq ft. They feature an event space, an open workplace, segmented offices, boardroom, a kitchen area, discussion location and storage spot. The units have a shared guide rate of $14.4 million, or $2,950 psf. They can be sold collectively or independently.
Samsung Hub is a 999-year leasehold commercial project making up 30 storeys. Found within the CBD, the office is near primary financial institutions and company head offices. It additionally has a fully covered path linking it to Raffles Place MRT Interchange Station.
“In the medium to long-term, there might even be probable for a collective sale way out. We assume eager attraction from owner-occupiers, discerning local business, private wealth entities, and family office spaces directed on long-term assets security,” she includes.
Both real estates are qualified for immigrants to purchase without paying for additional customer’s and dealer’s stamp responsibility.
A prime workplace unit at Samsung Hub on Church Street and two office space units at The Adelphi on Coleman Road have actually been offered, according to sole marketer Brilliance Capital in a July 3 press release.
Sammi Lim, founder and exec director of Brilliance Capital, states that the individual strata titles at The Adelphi offer versatility for customers to offer on a piecemeal basis or lease to multiple lessees.
