Sim Lim Tower (D8), Retail - For Sale #70968042
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SIM LIM TOWER (D8), Retail - For Sale
538 sqft | $2,788 psf (Built)
$1,500,000
(Guide Price)
3 Baths
Estimated mortgage $X,XXX monthly
CEA: R021227C | L3008430D
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SIM LIM TOWER @ Jalan Besar has been a FREEHOLD commercial landmark for about 158 retail shops since 1980s.

SIM LIM TOWER has weathered the storms of retail modernisation, standing tall at the corner of cross-road intersections in 15-storey height of mixed development with 4-storey retail shops and 11-storey commercial offices with sheltered parking spaces at three storeys for its proprietary owners and tenants.

SIM LIM TOWER thrives on its founding theme of being an Electronic and Electrical City specialising on small replacement parts and components and finished goods for the households and the electronic and audio-visual industries and trades.

Anchoring itself as a mall shop is a retail space of 538 sq ft with good glass frontage and own sliding glass door and secured affront with its own two roller shutter doors. Internal space is squarish and unblocked, pre-partitioned for retail activities at its front and, through a door opening, at its back for storage or office or sound room.

“As is where is” this retail point comes with some storage spaces above ceiling boards for very light non-hazardous retail materials.

Across the roads is the Downtown Line 2 Rochor MRT Station, with sheltered walkways two minutes to Sim Lim Square and sheltered and opened walkways to the Jalan Besar Downtown Line 3 MRT Station, located 5 minutes away from SIM LIM TOWER.

Indeed, because of the concourse-facing location sited near to the mall central escalators, this FREEHOLD retail mall unit of SIM LIM TOWER @ Jalan Besar is rare in location-location-location search for established retail shop, WITH OR WITHOUT TENANCY, outside the City’s Central Business District and just outside the Bencoolen Street and Rochor Road ERP gantry points.

Don't miss this enbloc potential buy!
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CEA: R021227C | L3008430D
Hi I'm Max Leow
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Listings
About this property
Property Name
Property Type
Retail
Asking
$1,500,000
PSF
$2,788 psf (Built-up)
Built Year
1983
Model
Mall
Bathrooms
3
Area
538 sqft (Built-up)
Land Tenure
FREEHOLD
Facilities
Air Conditioning
Dual Telecoms Risers
Broadband Internet
Cctv Security
24-HOUR Access
Cat 5 Cabling
Loading Bay
Location
Tap to Zoom
Bus/MRT
- mins
Drive
- mins
Walk
- mins
JALAN BESAR MRT
DT22
210m
Bus/MRT
- mins
Drive
- mins
Walk
- mins
ROCHOR MRT
DT13
240m
Bus/MRT
- mins
Drive
- mins
Walk
- mins
BUGIS MRT
DT14 EW12
360m
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Bef Sim Lim Twr
64 65 857 130 139 147
70m
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Opp Rochor Ctr
57 48 130 2N 4N 851 960
110m
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Queen St Ter
170 170A
210m
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Stamford Primary
310m
Bus/MRT
- mins
Drive
- mins
Walk
- mins
St. Margaret's Primary
940m
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Farrer Park Primary
1.05 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
School Of The Arts, Singapore
830m
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Northlight
1.71 km
Bus/MRT
- mins
Drive
- mins
Walk
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School Of The Arts, Singapore
830m
Bus/MRT
- mins
Drive
- mins
Walk
- mins
SIM LIM SQUARE
200m
Bus/MRT
- mins
Drive
- mins
Walk
- mins
BUGIS VILLAGE
320m
Bus/MRT
- mins
Drive
- mins
Walk
- mins
THE VERGE
390m
Bus/MRT
- mins
Drive
- mins
Walk
- mins
NTUC FAIRPRICE (ROCHOR CENTRE)
200m
Bus/MRT
- mins
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- mins
Walk
- mins
Sheng Siong Hypermarket(the Verge)
280m
Bus/MRT
- mins
Drive
- mins
Walk
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Giant(new World Centre)
510m
Bus/MRT
- mins
Drive
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Walk
- mins
Home Price Insights
SRX estimates the market price of this unit at $XXXXXX
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Purchase Price
Mortgage
Interest Rate
Monthly Payment
You will need a downpayment of $X,XXX plus applicable stamp duties and expenses, based on 70% LTV ratio, 30-year loan with 4.5% interest rate.
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Transaction Data
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Source: URA / SRX
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