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S$ 1,200,000
S$ 3,175 psfEst. mortgage S$ 4,296/mo
Shop / Shophouse for Sale in Sim Lim Tower
378 sqft
Bare unit
Jalan BesarView on map
Farrer Park / Serangoon Rd (D8)Est. mortgage S$ 4,296/mo
Property details
Property type
Shop / Shophouse
Floor area
378 sqft
Price/sqft
S$ 3,174.6 psf
Condition
Bare unit
Tenanted
No
Last updated
1 hr ago
Electricity
1 Phase
Total cargo lifts
2
Total passenger lifts
2
Aircon
included
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Amenities
Car park
24 hr access
Cat 5/6 cabling
Column free
450 lux lighting
Security access
Loading bay
Description
Freehold PropertyGround Floor ShopNear MRT StationRare Unit AvailableNo ABSDHigh Tourist FootfallBasement Retail UnitForeign Buyer EligibleCorner ShopEnbloc Potential
FOR SALE! Basement corner retail space of 378 sq ft @ SIM LIM TOWER.
SIM LIM TOWER @ Jalan Besar has been a FREEHOLD commercial strata landmark sought lately by ENBLOC INVESTORS for the known lettable spaces for about 158 retail shops since 1980s.
As the property is zoned commercial, the retail space is not subject to additional buyer’s stamp duty or seller’s stamp duty, and is eligible for purchase by both local or foreign buyer (if the purchaser qualifies).
Rare are these full shoppers’ views into a retail shop’s interior display
- Long side corridor facet has four unblocked glass panels and a glass door at its far end.
- Wide open shop front with see-through side glass panel is secured with a roller shutter, facing foot traffic at the basement concourse served by two escalators.
The shop’s rectangular spacious layout with two exits / entries allow partitioned flexibility (subject to MCST byelaws / SCDF approval).
SIM LIM TOWER is under development enbloc purview, has weathered the storms of retail modernisation, standing tall at the corner of cross-road intersections in 17-storey height of mixed development. 4-storey retail shops and 13-storey commercial offices all enjoy sheltered parking on 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, audio-visual and lighting industries and trades.
Across the roads is the Downtown Line 2 Rochor MRT Station, with sheltered walkways two minutes to Sim Lim Square and sheltered, opened walkways to the Jalan Besar Downtown Line 3 MRT Station, located 5 minutes away from SIM LIM TOWER.
Indeed, this basement corner unit of SIM LIM TOWER @ Jalan Besar is rare location-location-location site for operating a corner shop, outside the City’s Central Business District, just outside the Bencoolen Street and Rochor Road ERP gantry points, opening into the under-construction North-South Corridor.
Check it out, will you?
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