About Samsung Hub
Samsung Hub is a 30-storey strata office tower at 3 Church Street, Singapore 049480, in the Raffles Place financial area of postal District 1. It was completed around 2005. The project was a joint development involving CapitaLand, OCBC's property arm, the Singapore Chinese Chamber of Commerce and Industry's realty company and Samsung Corporation of South Korea. The architect is recorded as AWP Pte Ltd. Property listings and news reports describe the tenure as 999-year leasehold. The tower has about 290,000 sq ft of lettable space.
The building was first known simply as 3 Church Street and took the Samsung name from its anchor occupier. Today it is a multi-owner strata building managed by MCST 3129. Whole floors change hands from time to time.
Interesting facts
During construction in 2002 the partly built tower was found to be tilting slightly. The foundations were strengthened with micropiles, which delayed completion by about two years.
In February 2007 OCBC agreed to sell its office floors on levels 16 to 21 for about $122.4 million. In the same year CapitaLand sold its stake in the building to Ho Bee Group for more than $140 million.
In February 2020 the 11th floor, about 13,100 sq ft, sold for $49.78 million. CBRE said at the time it was the highest price for a single strata office floor in the CBD in five years.
The tower has a double-volume entrance lobby, column-free office floors and 177 car park lots.
Nearby
Telok Ayer MRT (Downtown Line) is about 3 minutes on foot and Raffles Place MRT (North South and East West Lines) about 5 minutes. Neighbours include Prudential Tower, CapitaGreen, Republic Plaza, OCBC Centre and the China Square precinct. Food options are plentiful: Lau Pa Sat and Amoy Street Food Centre are each within 8 minutes, and Far East Square is across the road. The Singapore River at Boat Quay and the Telok Ayer heritage area, including Thian Hock Keng Temple, are a short walk away.
Key facts
Address: 3 Church Street, Singapore 049480
District: 1 (Downtown Core)
Property type: Strata office
Completed: around 2005
Developer: consortium including CapitaLand, OCBC, Chinese Chamber Realty and Samsung Corporation
Architect: AWP Pte Ltd
Tenure: 999-year leasehold (as reported in listings and news)
Storeys / floor area: 30 storeys; about 290,000 sq ft lettable
Nearest MRT: Telok Ayer (DT18), Raffles Place (NS26/EW14)
MCST: 3129