Office units at Samsung Hub and The Adelphi on the market for $30 mil
The Samsung Hub office space unit is located on a high floor and occupies 3,595 sq ft. The unit is going to be sold with existing tenancy and is readily available on an exclusive treaty basis. The office features a column-free and standard design. It has a guide price of $4,350 psf, or about $15.6 million.
The Botany at Dairy Farm floor plan
The Adelphi is a 999-year leasehold mixed-use development making up a five-storey retail platform and a six-storey workplace block. It lies at the corner of North Bridge Road and Coleman Street, in the heart of the civic district and near the CBD. The structure has ample parking space of 382 parking lot lots.
The two adjacent business strata office units at The Adelphi are located on top ground of the building. The units measure 2,034 sq ft and 2,852 sq ft. They feature a function area, an open office, partitioned workplaces, meeting room, a kitchen space, huddle area and storage spot. The units have a combined guide rate of $14.4 million, or $2,950 psf. They can be marketed jointly or individually.
Both properties are allowed for foreigners to purchase without paying for extra purchaser’s and retailer’s stamp duty.
A prime workplace unit at Samsung Hub on Church Street and two office units at The Adelphi on Coleman Road have actually been put up for sale, according to sole marketer Brilliance Capital in a July 3 bulletin.
Samsung Hub is a 999-year leasehold business property development making up 30 storeys. Located throughout the CBD, the office is near main banks and business main offices. It at the same time has a completely protected 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 expect eager attention from owner-occupiers, discerning local business, exclusive wealth entities, and family offices centered on long-term assets safety,” she adds.
Sammi Lim, creator and exec head of Brilliance Capital, claims that the individual strata titles at The Adelphi offer versatility for customers to offer on a piecemeal manner or rent to multiple occupants.
