JLL’s Zeng anticipates to see rate of interest from both capitalists and industrialists offered the deficiency of estate strata systems in the city edge. With the leaseback by the vendor, investors appreciate immediate rental earnings stream he includes. Customers might additionally check out strata subdividing the great deal, subject to authorities’ approval. No Additional Buyer’s Stamp Duty is applicable on the acquisition of the purchase, as well as foreigners are eligible.
A freehold strata commercial unit at Delta House, situated along Alexandra Road, is on the marketplace offer for sale by personal treaty with JLL as the unique advertising agent. The indicative price for the unit with a strata location of 23,562 sq ft is $30 million or $1,237 psf, states Victor Zeng, JLL Singapore supervisor of resources markets.
The device occupies near to 65% of the whole flooring, and represents about 10% of the overall strata location …