Found in the city fringe, Delta House is within 700m walking distance to Tiong Bahru MRT station, 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 expects to see interest from both manufacturers as well as financiers given the shortage of estate strata units in the city fringe. Customers might additionally explore strata partitioning the whole lot, subject to authorities’ authorization.
The system occupies near 65% of the entire flooring, and also stands for about 10% of the complete strata location and complete share value at Delta House. The seven-storey flatted manufacturing facility has a preschool on the very first storey, with upper stories real estate manufacturing rooms, storehouses and secondary workplaces.
The sale is subject to existing occupancies with staggered lease expiry days. According to Zeng, the vendor plans to rent back a lot of the space that it’s inhabiting. The device has windows on three sides, direct traveler and also freight lift access as well as 8 scheduled garage.
A freehold strata industrial unit at Delta House, located along Alexandra Road, is on the market available by exclusive treaty with JLL as the exclusive marketing representative. The indicative cost for the unit with a strata location of 23,562 sq ft is $30 million or $1,237 psf, claims Victor Zeng, JLL Singapore director of capital markets.