Office units at Samsung Hub and The Adelphi on the market for $30 mil

The two adjoining business strata office units at The Adelphi lie at the top floor of the establishment. The units measure 2,034 sq ft and 2,852 sq ft. They feature an event place, an open workplace, separated offices, conference rooms, a kitchen area, huddle location and storage sector. The units have a shared overview rate of $14.4 million, or $2,950 psf. They can be sold collectively or individually.

Samsung Hub is a 999-year leasehold business project composing 30 storeys. Situated within the CBD, the workplace is near main banks and company central offices. It at the same time has a completely covered direction linking it to Raffles Place MRT Interchange Terminal.

Sammi Lim, creator and executive head of Brilliance Capital, claims that the individual strata titles at The Adelphi offer versatility for purchasers to offer on a piecemeal manner or contract to several renters.

The Adelphi is a 999-year leasehold mixed-use project consisting of a five-storey retail podium and a six-storey office block. It lies at the edge of North Bridge Road and Coleman Street, in the heart of the civic district and near to the CBD. The property has sufficient parking location of 382 car park lots.

The Samsung Center office space unit is located on a high floor and takes up 3,595 sq ft. The unit will be offered with existing occupancy and is readily available on a private treaty basis. The office space features a column-free and regular design. It has a guide fee of $4,350 psf, or around $15.6 million.

Lentoria floor plan

“In the medium to long term, there might also be potential for a cumulative sale exit. We expect keen attraction from owner-occupiers, discerning small companies, exclusive wealth entities, and family offices focused on long-term assets preservation,” she adds.

Both real estates are allowed for immigrants to acquire without spending additional purchaser’s and dealer’s stamp obligation.

A prime office unit at Samsung Hub on Church Street and 2 workplace units at The Adelphi on Coleman Road have actually been offered, according to sole affiliate marketer Brilliance Capital in a July 3 announcement.

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