One of the best facing retail unit at Sim Lim Square, #02-xx, 484 sqft, facing the atrium, good frontage with Traffics.
Valuation: $2.7 million - Valuer reports December 2024.
Monthly Maintenance Fee: $495
Taxes: No ABSD, No SSD, Low property tax, GST applicable
Eligibility: Open to all including foreign buyers
Recent Comparable Sale: Back unit #02-01 transacted at $4 million
Substantially Commercial -
Heavily surrounded by Schools NAFA SMU LASELLA SUSS foreign students +
Eight Hotel Tourist + 140 years Church with thousand of followers.
Rental Yield: 5% with reputable tenants
Enbloc Potential:
Bonus of up to $800K - two floors carpark & common corridors 35% share to Owners.
1st Enbloc: 81% approval
2nd Enbloc: 77% approval
3rd Enbloc scheduled for June 2025
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