PROPERTY developer Sun Ventures has appointed CBRE as the exclusive marketing agent for the sale of two consecutive strata office floors - levels nine and 10 - at Samsung Hub by way of an expression of interest (EOI) exercise. Read more at The Business Times.
Both the ninth and tenth floors have a regular column-free layout, a floor-to-ceiling height of 2.7 metres, raised flooring and integrated ceiling boards.
Michael Tay, CBRE's head of capital markets, Singapore, noted that Samsung Hub's office floors are seldom traded, with ownership usually tightly held, because the owners have been able to enjoy capital growth over the years. For instance, capital appreciation has been about 10-15 per cent over the last two years.
"We expect keen interest from a wide range of owner-occupiers and investors, such as boutique real estate funds, family offices, local companies and high net worth individuals," he said.
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