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

The Adelphi is a 999-year leasehold mixed-use development making up 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 district and close to the CBD. The structure has ample car parking space of 382 parking area lots.

“In the medium to long term, there may also be potential for a cumulative sale exit. We assume keen attraction from owner-occupiers, discerning small businesses, exclusive wealth entities, and family office spaces directed on long-term wealth security,” she includes.

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

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The Samsung Center office space unit lies on a high storey and holds 3,595 sq ft. The unit will most likely be offered with existing tenancy and is readily available on an exclusive treaty basis. The office space features a column-free and regular format. It has a guide fee of $4,350 psf, or around $15.6 million.

Sammi Lim, creator and exec head of Brilliance Capital, states that the individual strata titles at The Adelphi offer flexibility for purchasers to offer on a piecemeal ground or rent to several lessees.

Samsung Hub is a 999-year leasehold commercial project making up 30 storeys. Located inside the CBD, the office is near major financial institutions and company central offices. It also has a totally covered way connecting it to Raffles Place MRT Interchange Stop.

Both real estates are qualified for foreigners to acquire without paying for added customer’s and dealer’s stamp obligation.

The two adjoining commercial strata office space units at The Adelphi are located at the top level of the establishment. The units measure 2,034 sq ft and 2,852 sq ft. They provide a function place, an open office, segmented workplaces, boardroom, a pantry part, discussion location and storage space. The units have a combined overview cost of $14.4 million, or $2,950 psf. They can be marketed together or separately.


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