For Sale Sim Lim Square (Commercial Building)
* ★ NEW LISTING ! ! ★ *
✧ HURRY!! View to believe! ✧
Call Deborah @ 9225 XXXX For Exclusive Viewing Now!!
2nd Floor
SERIOUS SELLER, PRICED TO SELL, LOWEST PSF!! HURRY!!!
Sim Lim Square Retail/ Office Space
Selling with Tenancy
High Potential for En Bloc
Efficient Layout, No Wastage of Space
Great for investment!
Foreigners eligible!!
Future Opportunities:
1. Closure of Funan IT mall this year, Sim Lim Sq is the only IT mall left in Singapore. Customer crowds have increased.
2.The opening of Downtown Line Rochor Station, one of the exits is just beside Sim Lim Square.
3. Enbloc Potential
- Master Plan 2014 Plot Ratio 4.2.
- Only 6 stories sitting on the big plot of land.
- Surrounding newer buildings such as Burlington Square, Bencoolen and Albert Complex have same plot ratio, all are taller than Sim Lim Sq.
- Nearby The Verge with plot ratio 3.5 was sold for $317 million recently to Heritage Group, to be redeveloped into mixed project including a mall and serviced apartments.
- Golden Wall Centre with plot ratio 4.2, rolled out on Enbloc Sale earlier this year, asking between $250 - $270 million.
4. Rochor Centre has been acquired for development NSE, North-South Expressway. Residents in Yishun will be able to enjoy much shorter travelling time to the city.
Advantages for Commercial Properties:
- Stable Rental Income
- No restrictions on foreign ownership
- No additional buyer stamp duty
- No seller stamp duty
- Strata commercial market is currently active and well traded.
Sim Lim Square is a 99-year Leasehold commercial property located at 1, Rochor Canal Road, 188504 in District 07. Sim Lim Square is primarily used for Other Retail rental and sale.
Sim Lim Square is near to several eateries located at nearby buildings such as Food Court at Sim Lim Square and Albert Centre Market & Food Centre (Queen Street Market).
Sim Lim Square is within reasonable distance to Sheng Siong, Cold Storage, Shop N Save, Jason's Market Place and I-Tec Supermarkets. It is also close to Albert Complex, The Verge, Fu Lu Shou Complex, Little India Arcade, Bugis+, Peace Centre, Parklane Shopping Mall and Bugis Junction.
Sim Lim Square is accessible via Rochor Canal Road, Prinsep Street and Bencoolen Street.
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