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

Located in the city fringe, Delta House is within 700m walking distance to Tiong Bahru MRT terminal, near Tiong Bahru Plaza, Valley Point and also Great World City. It’s just a seven-minutes’ drive to the CBD.

An estate strata commercial system at Delta House, located along Alexandra Road, is on the marketplace offer for sale by private treaty with JLL as the unique advertising and marketing representative. The indicative rate for the system with a strata area of 23,562 sq ft is $30 million or $1,237 psf, says Victor Zeng, JLL Singapore supervisor of capital markets.


The system occupies close to 65% of the entire floor, as well as represents regarding 10% of the overall strata area and overall share value at Delta House. The seven-storey flatted manufacturing facility has a preschool on the first storey, with upper stories real estate manufacturing spaces, stockrooms as well as supplementary offices.
The sale is subject to existing tenancies with staggered lease expiry days. According to Zeng, the supplier intends to lease back most of the room that it’s inhabiting. The system has home windows on three sides, straight guest as well as freight lift access in addition to 8 reserved garage.

JLL’s Zeng anticipates to see rate of interest from both capitalists and manufacturers offered the deficiency of freehold strata systems in the city edge. With the leaseback by the vendor, financiers appreciate instant rental revenue stream he includes. Customers might likewise check out strata partitioning the whole lot, subject to authorities’ approval. No Additional Buyer’s Stamp Duty applies on the acquisition of the acquisition, as well as immigrants are qualified.