Office units at Samsung Hub and The Adelphi on the market for $30 mil
The two adjoining commercial strata office units at The Adelphi are located on top floor of the building. The units measure 2,034 sq ft and 2,852 sq ft. They provide an event place, an open office, segmented workplaces, conference rooms, a pantry space, discussion space and storage sector. The units have a shared guide price of $14.4 million, or $2,950 psf. They can be offered together or independently.
Samsung Hub is a 999-year leasehold commercial project comprising 30 storeys. Found throughout the CBD, the office is near major financial institutions and company head offices. It also has a totally sheltered direction connecting it to Raffles Place MRT Interchange Stop.
The Adelphi is a 999-year leasehold mixed-use project consisting of a five-storey retail platform 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 district and close to the CBD. The property has enough parking space of 382 parking area lots.
A prime office space unit at Samsung Center on Church Road and 2 workplace units at The Adelphi on Coleman Street have actually been put up for sale, according to single marketer Brilliance Capital in a July 3 announcement.
Sammi Lim, creator and exec director of Brilliance Capital, claims that the individual strata titles at The Adelphi offer versatility for purchasers to sell on a piecemeal manner or lease to numerous lessees.
The Samsung Hub office unit stands on a high storey and takes up 3,595 sq ft. The unit will be offered with existing occupancy and is available on a private treaty basis. The office space features a column-free and normal format. It has a guide price of $4,350 psf, or about $15.6 million.
Both real estates are qualified for immigrants to acquire without spending extra purchaser’s and seller’s stamp responsibility.
“In the medium to long term, there may even be potential for a collective sale exit. We assume eager attention from owner-occupiers, discerning local business, private wealth entities, and family office spaces focused on long-term assets security,” she adds.
