A property strata industrial unit at Delta House, located along Alexandra Road, gets on the marketplace to buy by personal treaty with JLL as the exclusive advertising and marketing agent. The indicative price for the system with a strata location of 23,562 sq ft is $30 million or $1,237 psf, says Victor Zeng, JLL Singapore director of funding markets.
The device inhabits near to 65% of the whole floor, as well as stands for concerning 10% of the complete strata area and also complete share worth at Delta House. The seven-storey flatted manufacturing facility has a preschool on the very first storey, with upper stories housing production rooms, storage facilities as well as secondary workplaces.
The sale goes through existing occupancies with staggered lease expiration days. According to Zeng, the supplier prepares to lease back most of the room that it’s inhabiting. The device has home windows on 3 sides, straight guest as well as freight lift gain access to as The Myst well as eight reserved parking spaces.
JLL’s Zeng expects to see passion from both capitalists and also manufacturers given the deficiency of estate strata devices in the city fringe. Purchasers may likewise discover strata partitioning the whole lot, subject to authorities’ authorization.
Situated in the city fringe, Delta House is within 700m walking range to Tiong Bahru MRT terminal, near Tiong Bahru Plaza, Valley Point and Great World City. It’s just a seven-minutes’ drive to the CBD.