You are here

Samsung Hub office floor sold at S$3,250 psf

Sun Venture sells Level 8 to a HK party but plans to retain three other floors in the 999-year building

BT_20150331_KRSAM31FJI9_1591089.jpg
The latest transaction at Samsung Hub (above) will be keenly followed by potential buyers of strata offices in nearby buildings.

Singapore

THE eighth floor of the 999-year leasehold Samsung Hub has been transacted at S$3,250 per square foot on strata area, totalling S$42.6 million.

This reflects around 3.2 per cent net yield based on the monthly rental of slightly over $10 psf at which the lease for the

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom