Office units at Samsung Hub and The Adelphi on the market for $30 mil
The Adelphi is a 999-year leasehold mixed-use project comprising a five-storey retail platform and a six-storey office block. It lies at the edge of North Bridge Road and Coleman Street, in the heart of the civic area and near the CBD. The building has ample parking location of 382 car park lots.
Sammi Lim, owner and executive head of Brilliance Capital, claims that the individual strata titles at The Adelphi offer flexibility for buyers to offer on a piecemeal manner or rent to several tenants.
Samsung Hub is a 999-year leasehold business project composing 30 storeys. Situated within the CBD, the workplace is near primary banks and company central offices. It also has a fully sheltered route linking it to Raffles Place MRT Interchange Station.
The Samsung Center office unit stands on a high storey and occupies 3,595 sq ft. The unit will most likely be marketed with existing occupancy and is available on a personal treaty basis. The workplace features a column-free and regular layout. It has a guide price of $4,350 psf, or about $15.6 million.
A prime workplace unit at Samsung Center on Church Street and two workplace 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.
Both adjoining commercial strata office space units at The Adelphi lie at the top level of the building. The units measure 2,034 sq ft and 2,852 sq ft. They feature a function space, an open office, separated workplaces, conference rooms, a kitchen part, conversation space and storage space. The units have a shared guide price of $14.4 million, or $2,950 psf. They can be sold jointly or independently.
Both real estates are allowed for foreigners to buy without spending added buyer’s and seller’s stamp responsibility.
“In the medium to long term, there might even be potential for a collective sale leave. We expect eager interest from owner-occupiers, discerning small companies, private wealth entities, and family office spaces focused on long-term assets preservation,” she includes.
