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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

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


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...

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