11 strata retail units at Sim Lim Square for sale for $22.57m

Expression of Interest ends on 31 August, 3 pm.

A total of 11 strata retail units at electronics hub Sim Lim Square are for sale through an expression of interest with a collective price of $22.57m or around $4,440 per square foot.

In a statement, Colliers said the expression of interest closes on 31 August at 3 pm.

Sim Lim Square is located along Rochor Canal Road and is close to Rochor and Bugis MRT stations.

ALSO READ: Strata retail market sales down to 113 in H1

The 11 fully-tenanted units, the majority of which are in the IT Electronic sector, have a combined start area of 5,050 square feet.

The units are located on a single floor, with some can be combined, allowing opportunities for expansion.

Colliers added that foreigners can buy the retail units as the Sim Lim Square is zoned for commercial use, with no additional buyer’s stamp duty of seller’s stamp duty on the transaction.

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