Strata industrial unit at Delta House on the market for sale and lease back at $30 mil

Located in the city edge, Delta House is within 700m strolling range to Tiong Bahru MRT terminal, near Tiong Bahru Plaza, Valley Point as well as Great World City. It’s just a seven-minutes’ drive to the CBD.

JLL’s Zeng anticipates to see rate of interest from both industrialists and also financiers offered the shortage of property strata devices in the city edge. Buyers may also explore strata subdividing the whole lot, subject to authorities’ approval.

The system inhabits near 65% of the entire flooring, and stands for about 10% of the overall strata location and total share worth at Delta House. The seven-storey flatted factory has a preschool on the first storey, with upper stories housing production areas, storage facilities as well as supplementary offices.
The sale is subject to existing occupancies with staggered lease expiry dates. According to Zeng, the vendor prepares to lease back a lot of the space that it’s inhabiting. The unit has home windows on 3 sides, straight passenger as well as cargo lift accessibility along with 8 reserved parking spaces.

Arena Residences Register Interest

A property strata commercial system at Delta House, located along Alexandra Road, gets on the marketplace available for sale by private treaty with JLL as the exclusive marketing agent. The a measure price for the device with a strata location of 23,562 sq ft is $30 million or $1,237 psf, says Victor Zeng, JLL Singapore supervisor of funding markets.