Rare 999-year retail strata mall — The Adelphi, City Hall ~3% yield
1 Coleman Street, The Adelphi #04-xx & #04-xx (adjoining units), Singapore 179803
Two contiguous strata retail units in a rare full-commercial strata development in the Civic District, directly connected to City Hall MRT Interchange.
Property Details:
● #04-xx — 431 sqft (40 sqm) — tenanted (TCM/Wellness)
● #04-xx — 452 sqft (42 sqm) — tenanted (Retail)
● Combined: 883 sqft (82 sqm) | 999-year tenure from 12 May 1828 |
Commercial, Plot Ratio 7.0
Highlights:
● Rare individual strata ownership in the Central Area — strata subdivision of new commercial developments here is now prohibited
● Fully tenanted, immediate rental income — yield ~ 3% at current asking
● No ABSD, no SSD — open to foreign and corporate ownership, freely tradable
● High-floor retail podium, air-conditioned underground link to Funan, Capitol Singapore, Raffles City and City Hall MRT
● 382 on-site carpark lots, sheltered drop-off, taxi stand
● BCA Green Mark Platinum building
● En bloc upside amid ongoing City Hall / Hill Street precinct transformation
Location:
Adjoining the Supreme Court, minutes to CBD, Orchard Road and Bugis-Rochor-Ophir. Walk to Clarke Quay, National Gallery, Parliament House, St Andrew's Cathedral, Marina Bayfront. Neighbours include Clifford Law LLP, Eldan Law, Singapore Academy of Law, Singapore Cricket Club.
Price View to Offer — yield ~3%. Enquire for full tenancy schedule and financials calculation.
Jess | Propnex Realty Pte. Ltd. L3008022J
CEA Reg No. R065095I
Handphone:8860 XXXX
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