Located in the city edge, 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.
The device occupies close to 65% of the whole flooring, and also stands for regarding 10% of the complete strata area as well as overall share worth at Delta House. The seven-storey flatted manufacturing facility has a preschool on the very first floor, with upper stories housing manufacturing spaces, stockrooms and also ancillary workplaces.
The sale undergoes existing tenancies with staggered lease expiration days. According to Zeng, the vendor plans to rent back the majority of the area that it’s occupying. The device has home windows on three sides, direct passenger and cargo lift gain access to along with 8 scheduled parking spaces.
JLL’s Zeng expects to see passion from both industrialists and investors given the scarcity of freehold strata units in the city fringe. With the leaseback by the vendor, capitalists take pleasure in prompt rental income stream he includes. Customers might also explore strata subdividing the great deal, based on authorities’ approval. No Additional Buyer’s Stamp Duty is applicable on the acquisition of the acquisition, and immigrants are qualified.
A freehold strata commercial unit at Delta House, situated along Alexandra Road, gets on the marketplace available by personal treaty with JLL as the special marketing representative. The a measure cost for the device with a strata location of 23,562 sq ft is $30 million or $1,237 psf, claims Victor Zeng, JLL Singapore supervisor of funding markets.
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