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

A prime office unit at Samsung Hub on Church Road and 2 office units at The Adelphi on Coleman Road have been put up for sale, according to single affiliate marketer Brilliance Capital in a July 3 announcement.

Sammi Lim, owner and executive director of Brilliance Capital, states that the individual strata titles at The Adelphi offer flexibility for customers to offer on a piecemeal manner or lease to several lessees.

The Samsung Hub office unit rises on a high storey and occupies 3,595 sq ft. The unit will most likely be offered with existing tenancy and is readily available on a personal treaty basis. The office features a column-free and regular layout. It has a guide fee of $4,350 psf, or about $15.6 million.

“In the medium to long term, there might also be potential for a cumulative sale way out. We assume keen attraction from owner-occupiers, discerning small businesses, exclusive wealth entities, and family offices directed on long-term wealth safety,” she adds.

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Both adjacent business strata office units at The Adelphi rise on top level of the establishment. The units measure 2,034 sq ft and 2,852 sq ft. They provide an event place, an open office space, partitioned offices, meeting room, a kitchen area, discussion area and storage spot. The units have a shared overview cost of $14.4 million, or $2,950 psf. They can be marketed jointly or individually.

Both real estates are eligible for immigrants to buy without paying for additional customer’s and retailer’s stamp duty.

Samsung Hub is a 999-year leasehold commercial project making up 30 storeys. Located within the CBD, the workplace is near major financial institutions and business main offices. It additionally has a completely sheltered direction connecting it to Raffles Place MRT Interchange Stop.

The Adelphi is a 999-year leasehold mixed-use property development making up a five-storey retail podium 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 near the CBD. The property has adequate parking location of 382 parking area lots.

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